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.CA Registrar Trying To Preempt Conficker

timothy posted more than 5 years ago | from the circling-the-wagons dept.

The Internet 227

clover kicker writes "The CBC reports that the group managing Canada's .ca internet domain is working to foil an internet worm set to attack starting April Fool's Day. 'This is the first virus that's really focused on domain names as part of propagating the virus itself,' said Byron Holland, CEO of the Canadian Internet Registration Authority, a non-profit organization that represents those who hold a .ca domain. CIRA's strategy includes pre-emptively registering and isolating previously unregistered .ca domain names that Conficker C is expected to try and generate, said a news release issued by the group. That would make those names unavailable for anyone to register in order to set up a website to host the worm's 'command and control' file. A list of the names has been predicted by security experts based on the worm's code. In addition, CIRA is investigating and monitoring activity at names on the list that have already been registered and will 'take appropriate action if suspicious activity is detected.'"

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Obama Policies Will Bankrupt USA Tsarkon Reports (-1, Troll)

Anonymous Coward | more than 5 years ago | (#27323801)

Obama Policies Will Bankrupt USA Tsarkon Reports

- This just in, March 23 2009 Chinas central bank on Monday proposed replacing the US dollar as the international reserve currency with a new global system controlled by the International Monetary Fund [ft.com]

- Russia too: It is necessary to work out and adopt internationally recognized standards for macroeconomic and budget policy, which are binding for the leading world economies, including the countries issuing reserve currencies - the Kremlin proposals read. [en.rian.ru]

- President Barak "The Teleprompter" Obama is deeply connected to corruption, Rahm Emanuel (Radical authoritarian Statist whose father was part of the Murderous Civilian Killing Israeli Terrorist Organization known as IRGUN), Connected to Rod Blagojevich (Rahm inherited Rod's federal-congress seat), Connected to Ayers, a man who promotes the concept that civilian collateral damage is ok in a war against freedom, Preacher Jeremiah Wright, who is himself a black-elitist who wants all the people who largely "pay the freight" to suffer, 31 million on food stamps, more blacks are in prison and on food-stamps per capita than anyone else. The problem with Wright is simply this: the facts are "racist."
- Obama: Racist, AIPAC-bootlicker, Corrupted to the bone Chicago style and a Traitor to the US Constitution and a Liar whose real "legal" name could very well be Barry Sotero and an Indonesian citizen (The US does not allow plural citizenship) (If you care, not that it matters anymore under a Lawless Authoritarian Totalitarian Regime, you can see more here at an aggregator; obamacrimes.info [obamacrimes.info] )
  - Raytheon lobbyist in Pentagon, lots lobbyists getting exemptions even though he promised not to have them.
- Goldman Sachs insider second in command at Treasury. Bumbling tax cheat idiot in "command" of Treasury with 17 positions unfilled as of late March 2009.
- Cabinet has had several nominees and appointees with multiple tax fraud issues.
- Lied about having a new degree of accountability and a SUNSHINE period of new laws, he has signed bills with little or no review at whitehouse.gov as promised.
- Appointed a second amendment violating Rich-pardoning treasonist Eric Holder as AG, the top cop of the USA, a man who helped a fugitive evade justice.
- Has not put a dime in for a single new nuclear power plant but wants to help bridges and roads to promote more driving.
- Obama, Blagojevich and Rahm Emanuel have a LOT to hide. They literally lived next to each other, Rahm had (until being Chairman Obama's Chief of staff) Blagojevich's old federal congressional seat. Blagojevich helped Chairman "The Teleprompter" Obama cheat his way to the Illinois senate by getting other candidates thrown off the ballot in Illinois. Why do you think Blagojevich was so mad? Obama DID owe him, big time. Rahm and Obama are using Blagojevich and trying to cut his head off to keep him away.
- Tony Rezko, Iraqi Arms Dealer Nahdmi Auchi, and of course Aiham Alsammarae. Chairman "The Teleprompter" Hussein Obama is so corrupted its a joke.
- Fools and "useful idiots" twist the pie charts by leaving welfare, workfare, interest on debt, social security, Medicare and Medicaid out and focusing only on non-whole "discretionary" pie charts.
2007 high level pie chart, Federal Budget, USA [wikimedia.org]
2009 Pie chart, detailed, Federal Budget, USA [wikimedia.org]
- Chairman Obama is drastically increasing spending and creating more entitlements that will make the US less competitive (especially against China, India, East Europe/Russia). This will be a huge disaster and change you can believe in will strap you and your grandkids with more debt. No taxation without representation? Obama is spending money for the next two-three generations and they can't even vote yet, or even have been born.
- An alternative to the dollar and a forex and a reserve currency came up at the last G20 meeting. The world will not take faith in Obama's liar-socialist spending and welfare state, why should the taxpayers (plebian citizen-slaves of a police state).
- The spending going on now vastly eclipses all previous spending. In fact, the massive trillion plus debts is a thing of the 80's onwards. Congress signs the checks, remember that Year after year, as egregious as the pentagon spending is, that the social spending is completely a waste of money and it is unfunded over the long term. Eisenhower built the interstates, the US could build a new power infrastructure with this money but instead is being pissed into creating more of an entitlement system that is STILL unfunded, and without massive poll-taxes and far more aggressive progressive taxes, could NEVER be funded.
- The budgeting being done today were recently reported by a non-partisan auditing commission will lead to about 10 TRILLION in new debt over the next 10 years. Obama is going to double the national debt while doing nothing to address the unfunded debt obligations of Social Security.
- Clinton appointed David Walker of the GAO, he quit, the unfunded debt obligations have rendered the USA insolvent according to accounting standards.
Taxpayers on the hook for $59 trillion [usatoday.com]
US Public Debt Unfunded Debt Obligations [wikipedia.org]
- Most of the world population gets NOTHING from their governments, or a very bare minimum or services that benefit only the upper echelons of society. However, the liar Chairman Obama says we need his universal "state-hospital" rationed health care to be competitive. Bull. China and India give nothing, and they are the biggest threat to the American worker. By forcing healthcare and higher taxes, Americans will be less competitive.
- If you think 60% tax rates end to end (income, accounts receivable tax, building permit tax, CDL tax, cigarette tax, corporate income tax, dog license tax, federal income tax, unemployment tax, gasoline tax, hunting license tax, fishing license tax, waterfowl stamp tax, inheritance tax, inventory tax, liquor tax, luxury tax, Medicare tax, city, school and county property tax (up 33 percent last 4 years), real estate tax, social security tax, road usage tax, toll road tax, state and city sales tax, recreational vehicle tax, excise tax, state franchise tax, state unemployment tax, telephone federal excise tax, telephone federal state and local surcharge tax, telephone minimum usage surcharge tax, telephone state and local tax, utility tax, vehicle license registration tax, capital gains tax, lease severance tax, oil and gas assessment tax, misc internet sales tax and many more taxes that I can't recall at the moment) will make the US competitive, along with compulsory programs to provide everyone with health care is going to make the US competitive in the age of India and China, you are a joke.
- As the US nationalizes (read: rations healthcare) to the least common denominator of affordability without regard to efficacy, people with money will simply look into medical tourism so those with money can go to medical parks in India and get real health care. Those who have lived in Canada or in the UK can tell you "free" healthcare is NOT a panacea. If you think this, you are again, a useful idiot. The NHS in the UK has given bad blood and Hepatitis and AIDS blood to people, and Jade Goody who just died was misdiagnosed twice resulting in her death (She was all cleared twice of cervical cancer which she just died of). The NHS in the UK is not able to be sued or held accountable. Neither will Chairman Obama's rationed health care service for America.
- Sorry to bust the socialist bubble-lie, but support of these types of policies will simply lower the standard of living in the USA, particularly for the middle class. At least at the end of the Eisenhower projects the USA got roads to show for the spending, and with this new spending, the USA could have built power plants that get the USA out of the middle east, but the age of government for the sake of government is upon us, and the useful idiots line up and believe empty promises.
The pentagon (and Bechtel, Kroll, Bluewater, Halliburton, etc) could get less than half of what they get today, but that will fix nothing fundamental in terms of government spending. It is simply not enough to make a difference when compared to the Medicare, Medicaid, welfare, workfare and social security entitlements.
See: YouTube - US Government Immorality Will Lead to Bankruptcy [youtube.com]
- If Obama thinks its ok to lie to 300 million people about being able to "take care of them" without even being honest about what that care would look like, then being an idiot and believing in Obama is for you.
- The head of the IRS and the head of the Treasury, Geithner, is a Tax Cheat
- Lied about no lobbyists - their numbers are growing.
- The US Government already have over 50% of the budget on Medicare, Medicaid, welfare, workfare and social security. Socialists: Good job on that one, its working great. Solution to the current near-collapse-due-to-over-spending: add more unfunded entitlements!
- You Socialist-liars can break my spirit and my financial back to force me to "need" a federal government that is turning this country into a police state and turn it into a quasi-socialist lie, but I will, I must put up a fight. I have kids to educate and feed, and the stuff you sell (which is failing to various degrees everywhere else as implemented) is simply forcing a culture of failure on a once great, libertarian free country.
- I will not be complacent with your "change," and there will be a point where civil war will become an option. See how hard you can push before you get it. How much more than half can the truly productive workers in this country afford to pay. Keep pushing to find out how to start a civil war.
- The socialist-lie of a plan will not work, its not fundable, it WILL destroy the currency to fund it, and its really as simple as this: if this insanity is funded by borrowing from the US's economic and military adversaries then Obama and his socialist cabal is NOT fit to administrate society. Rome fell. Kings who mis-manged their treasuries all fell. Every example of unhinged spending leads to the same result: systemic collapse.
- Obama and his sycophantic lunatics would want to have a civil war to get Chairman Obama's way and force the socialist-lie system on my already tax paying law abiding ass. And as far as "no new taxes" for those under 250k, its a lie, the tax is called inflation, which is set to begin just about now that the Chinese wont want the USA's worthless treasuries to fund the socialist-lie fantasy (one that COMMUNIST China doesn't even try and sell to its people!)
- Chairman Obama's numbers don't add up. There is a $59 trillion dollar hole (UFDO) in social security alone. AIG $150 billion here, TARP $350 billion there. $800 billion for a highly dubious stimulus package. Another one on the way. $59 trillion hole in the balance sheet IGNORED. China saying they aren't going to buy treasuries, Clinton clamoring to find buyers now. $3.6 trillion dollar budget, potential military action on Mexico, Iran still a "terrorist state" at the behest of the AIPAC, spending up, dollar about to fall, inflation over time since Breton Woods extremely easy to document, yet, the socialist-liars question when the numbers (the Federal Government numbers) simply don't add up to the point where if the US-GOV was a company it would be insolvent.
  -How dare the taxpayers question what Chairman Obama's drastic spending increases are going to do to the purchasing power of our savings because Chairman Obama wants to recklessly spend and try to maintain and American empire AND guarantee a standard of living, and Chairman Obama doesn't even want to build a single nuclear power plant to do it? Chairman Obama must be a complete and total lunatic moron.
- Obama is either a negligent idiot or an unhinged maniac with delusional fantasies. Meanwhile, Chainman Obama's tax dodging Treasury Secretary has 17 unfilled positions, the Treasury Dept. isn't even functioning at this point.
- "General welfare" in the constitution was, according to the man who wrote it, Madison, meant to be extremely limited in scope. The federal government per the constitution doesn't even have the enumerated POWER to deal with economic messes. A lot of these "POWERS" were created while there is a crisis to dupe the public into accepting an un-constitutional authoritarian regime as the government and to usurp authority over the people.
- The USA is a constitutional republic. A democracy is two wolves and a sheep voting to eat a sheep. Also a constitutional republic isn't about using a barely-majority or a plurality to stuff your (un-fundable disastrous) crap down the disenfranchised other-half's throat.
- With Obama's authoritarian corrupted criminal (aiding and abetting a criminal in flight of prosecution, Rich case) Eric Holder in charge, we won't have our inalienable and enumerated rights to firearms much longer. For a constitutional law expert, Obama must have never read the federalist papers or he would simply hand himself as a traitor.
- The arbitrary expansion of "general welfare" is not only unconstitutional, it may very well lead to a serious conflict on the issue.
- Here is a debate on general welfare and how stuff like this came to pass, but was clearly no intended by the authors of the document of root law.
In Federalist No. 41, James Madison asked rhetorically: "For what purpose could the enumeration of particular powers be inserted, if these and all others were meant to be included in the preceding general power?" (In reference to the general welfare clause)
So strongly did the founders believe that "general welfare" wouldn't be expanded as written:
In Federalist No. 84, Alexander Hamilton indirectly confirmed Madison's point. (That the "general welfare" clause was "clearly" nota free pass for government)
Hamilton argued that a bill of rights, which many were clamoring for, would be not only unnecessary, but dangerous. Since the federal government was given only a few specific powers, there was no need to add prohibitions: it was implicitly prohibited by the listed powers. If a proposed law a relief act, for instance wasn't covered by any of these powers, it was unconstitutional.
"why declare that things shall not be done which there is no power to do? Why, for instance, should it be said, that the liberty of the press shall not be restrained when no power is given by which restrictions may be imposed?"
Hamilton goes on to argue that making Amendments (e.g., enumerating Free speech, press and assembly) and enumerating the 'right' would have the following effect:
(A bill of rights) "would furnish, to men disposed to usurp, a plausible pretence for claiming that power that is, a power to regulate the press, short of actually shutting it down. "
"With respect to the words 'general welfare,' I have always regarded them as qualified by the detail of powers (enumerated in the Constitution) connected with them. To take them in a literal and unlimited sense would be a metamorphosis of the Constitution into a character which there is a host of proofs was not contemplated by its creators." --James Madison [The US Supreme Court has found the meaning of "general welfare" in the Constitution to be much more elastic than did Mr. Madison. But as the "author of the Constitution," what does he know?]
James Madison, when asked if the "general welfare" clause was a grant of power, replied in 1792, in a letter to Henry Lee,

If not only the means but the objects are unlimited, the parchment [the Constitution] should be thrown into the fire at once.

"...We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed. That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it...it is their right, it is their duty, to throw off such Government , and to provide new Guards for their future security. ...--The Declaration of Independence
- Wrong, monetizing failures causes more. Japan showed us this for decades. But hey, Chairman Obama thinks you can fix a problem DECADES in the making with a quick fixer-upper, he is screwed in the head.
- The complaints are with the Federal government (in general) since Breton Woods. The Federal Government and Obama's minions STILL didn't listen to David Walker, a Clinton appointee and former head of the GAO. This isn't about political parties anymore morons!
- Show me a single federal budget that was less than the previous. If this $3.6T budget goes, its never coming back barring systemic collapse.
- The United States Federal Government, The United States Federal Reserve, and the banks which were enabled to continue down reckless paths by a quasi government agency known as the Federal Reserve whose actions are not subject to congress and whose members are unelected. This situation is untenable and unconstitutional.
- Every inflationary road taken in history ends in collapse. Keynesian policies are widely regarded as no longer workable.
- Inflation is a tax: What ignorant tax and spenders don't take into account here is the relative percentages of people's wealth (both net and gross) and the costs of owning and maintaining houses, cars, standards of living.
- Inflation via deficit spending is going to make it such that you will be paying a lot more by percentage of your income to maintain a given standard of living. Obama's arguments are so poorly thought out and seek to blame "Republicans" for the mess, its really simply laughable - the needs cleanup now, not worsening.
- You can't spend your way out of a hole if the creditors (e.g. China) start telling the USA they won't buy. It is that simple. Now America starts to have to collateralize the debt with assets. The USA will be selling off chunks of American assets to back the new debt. One day, it may even be necessary to sell Alaska back to Russia because no one will take greenbacks to prop up a failing version of a modern Rome.
- Ah, here we go with the Matthew Lesko arguments. [lesko.com]
Interest rates were on the rise before the government stepped in with free money for everyone (the fine print of course indicate massive strings attached).
Other economies, for example, India, have the central rates set to far more reasonable/realistic rates (at the moment ~ 8+%), which is still tends to be too low, but shows that if you need someone else capital you need to pay a premium for it, and given that capital is in short supply, it would stand to reason that a premium must be charged for it.
The problem is the unrealistic growth rates of mature economies don't allow for profiting via growth projections (rather than simply earning money). So the government steps in, turns on the free money spigot, gets the interest rates for savings down in the 1-2% range while diluting the value of the whole currency in order to prop up dying companies that ran the business like a Madhoff Ponzi scheme.
- The Republicans aren't solely responsible for the crisis as Obama's minions would have you believe, congress is (no particular congress), the Executive of the US government (no particular one) and the US Federal Reserve System are all at fault.
- Fundamentally, the government is trying to fix the prices of various things to "make it all work." This pulling on the invisible hand is a fools venture. It was predicted long ago the housing collapse (and those, such as myself, in the know, wished while realizing the housing collapse coming that we were wrong for everyone's sake - but the truth is the truth) . It may be that the Austrian (von Mises) economists will ultimately be proven right.
- We are a nation of partially educated whiney grabby idiots, and we got the government that represents this. The Chinese, India and other up and coming nations will show no mercy for this arrogant abuse of our status as the world's forex reserves.
- War and asset sales will continue to be the only option for this scheme until it is corrected at the core. And to say that the government has already averted a depression by doing what they did (most of the monies injected wont be "felt" for some time), is just arrogance and stupidity. Price fixing prolonged the Great Depression. Price-fixing (or attempting to) houses will do the same, but probably worse.
- Obama's minions simply don't care if the US is bankrupted and rendered insolvent, they just want a say in how its done, presumably to "feel safe." Rather selfish.

"They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety." AND "Those who would give up Essential Liberty to purchase a little Temporary Safety, deserve neither Liberty nor Safety." -- Benjamin Franklin (Possibly Richard Jackson)

- Everyone better realize that inflation will pay a major role in funding un-fundable fantasies, wiping the savers and the middle class out. The problem is, that other countries are growing tired of making our Federal Reserve notes worth something by buying our debt as treasuries. Obama's minions talk about spending, but in order to "get what YOU want" you will sell debt to potential economic and military adversaries? Real bright. What's really sad is that despite David Walker being an authority on these issues, people refuse to even watch him and listen to what he is saying.
- On the success of Canada and its form of Socialism: A huge country like Canada with massive amounts of uranium and tar sands and natural resources and a huge land mass with a scant 30 million people is an order of magnitude less of a problem to manage than a country with 10x its population, a serious leaky southern border, backfiring aggressive foreign policy, particularly with Iran, and the US is competing with countries like India and China whose middle classes are larger than the US's entire population. The top 5 students in every Indian and Chinese primary school out numbers all the kids in primary school in the US. Canada is a idyllic island, the USA is front and center in an all out economic and political clash of ideologies.
- Cap and trade (and pollution control for solving global problems) will never work unless the top 10 countries in the world (in terms of both GDP and manufacturing capacity and population) are on board. Period end. If the world doesn't quickly move to nuclear now and fusion shortly, it is OVER possibly not if every home on the planet gets a wind vane, but that seems unlikely to happen (since its possible now).
- Keynes calls it "the paradox of thrift" and suggested that policies forcing people not to save is a "good idea." The guy wanted people spending all the time, or if he didn't, he never conveyed that to his protégés well enough for them to not do what they are doing. Right now the plebeians in the US are actually stashing cash, and everyone from Obama to the media is trying to get people to spend spend spend. The best thing for the long term is for people to prepare for the coming hell, not set out with no reserves.
- I have seen Keynes invoked to justify nearly every bad move in the past decade, and its warming up to be a potential currency collapse, the collapse of the US Treasury and Federal Reserve notes, and a collapse of the NYSE. And then they invoke Keynes to suggest the best way out of the mess is to spend out of an already near-critically debt massed black hole.
- A house is run like a town is run like a country or business is run like a state is run like a government. If there are things the government is doing that would either force your home into bankruptcy or into jail via fraud charges, then the government and banks shouldn't be operating in that fashion. A certain degree of stretchy liquidity is in order, but in terms of percent of GDP, there is no way of justifying what they US has now.
- Iceland failed at 850 percent debt to GDP. The US is at 350 and rising. It is not a good thing at all.
- What is happening to the dollar as a forex standard. [youtube.com]
- March 19, 2009 C-SPAN - "Let's Quit Destroying Our Dollar!" [youtube.com]
- HR 1207 (A bill to make the Fed more accountable and to answer questions regarding the dollar policy) [loc.gov]

Title: Obama sidetracked by fiscal mess, but presses on [yahoo.com]
"Being heard above the din may prove difficult. Lawmakers are wrangling over taxing people who got big bonuses and worrying the president's budget could generate $9.3 trillion in red ink over the next decade."
- Kremlin to pitch new global currency [infowars.com]
Russia proposes creation of global super-reserve currency

Holy crap, even the Russians and Chinese get it. Strange days are here.

Re:Obama Policies Will Bankrupt USA Tsarkon Report (-1, Offtopic)

wampus (1932) | more than 5 years ago | (#27323873)

Good. I hope you are the first against the wall when the revolution comes. Have a nice night! ;-*

Re:Obama Policies Will Bankrupt USA Tsarkon Report (-1, Flamebait)

Anonymous Coward | more than 5 years ago | (#27323931)

Won't work for me. A **LOT** of your fucking jack boot thugs will have to come and try and kill me. When the revolution comes, I'll have thousands of rounds of ammo, several firearms, all of which I know how to fix and operate, and a way to make myself clean water and stockpiles of food and some gold and silver coins for barter.

You won't get your fucking "Hugo Chavez" bullshit here, you'll have to go fucking door to door Falluja style, and we are a lot better at shooting than those fucking ragheads.

Best of luck with you you fucking statist authoritarian totalitarian bullshit herem, fucker.

Re:Obama Policies Will Bankrupt USA Tsarkon Report (2, Funny)

Niris (1443675) | more than 5 years ago | (#27323959)

Got your tin foil hat ready, too? :D

Re:Obama Policies Will Bankrupt USA Tsarkon Report (-1, Troll)

Anonymous Coward | more than 5 years ago | (#27323985)

Don't need one. Tinfoil hats talk about shit like aliens. Everything in the Obama post up there is true, you can't refute, you can only try and discredit the poster. Simple. You have nothing. And on the firearms, Oh, no tinfoil hats there. They are very very real and very effective.

So you little arrogant stupid fuck, you think about just who has control at the end of the day, think about Iraq, Afghanistan, Pakistan tribal areas. If you want to split this fucking country apart, YOU WONT BE ABLE TO CONTROL THE OUTCOME, that much I can promise you fucking evil authoritarian shit.

Re:Obama Policies Will Bankrupt USA Tsarkon Report (-1, Flamebait)

Anonymous Coward | more than 5 years ago | (#27324117)

loser

Re:Obama Policies Will Bankrupt USA Tsarkon Report (-1, Offtopic)

Anonymous Coward | more than 5 years ago | (#27324511)

Lol dude! Firearms? ...you have no idea what's out there. Invest in tinfoil hats.

Re:Obama Policies Will Bankrupt USA Tsarkon Report (-1, Offtopic)

tuxgeek (872962) | more than 5 years ago | (#27324163)

Off topic but, I was ready with the tin foil hat remark too.
This AC jackoff had this same retarded post up yesterday as well.

When in danger, when in doubt, run in circles, scream and shout

"They're just simple country folk ... you know ... morons!" Gene Wilder

Re:Obama Policies Will Bankrupt USA Tsarkon Report (-1, Offtopic)

Anonymous Coward | more than 5 years ago | (#27324899)

Obama Policies Will Bankrupt USA Tsarkon Reports

- This just in, March 23 2009 Chinas central bank on Monday proposed replacing the US dollar as the international reserve currency with a new global system controlled by the International Monetary Fund [ft.com]

- Russia too: It is necessary to work out and adopt internationally recognized standards for macroeconomic and budget policy, which are binding for the leading world economies, including the countries issuing reserve currencies - the Kremlin proposals read. [en.rian.ru]

- President Barak "The Teleprompter" Obama is deeply connected to corruption, Rahm Emanuel (Radical authoritarian Statist whose father was part of the Murderous Civilian Killing Israeli Terrorist Organization known as IRGUN), Connected to Rod Blagojevich (Rahm inherited Rod's federal-congress seat), Connected to Ayers, a man who promotes the concept that civilian collateral damage is ok in a war against freedom, Preacher Jeremiah Wright, who is himself a black-elitist who wants all the people who largely "pay the freight" to suffer, 31 million on food stamps, more blacks are in prison and on food-stamps per capita than anyone else. The problem with Wright is simply this: the facts are "racist."
- Obama: Racist, AIPAC-bootlicker, Corrupted to the bone Chicago style and a Traitor to the US Constitution and a Liar whose real "legal" name could very well be Barry Sotero and an Indonesian citizen (The US does not allow plural citizenship) (If you care, not that it matters anymore under a Lawless Authoritarian Totalitarian Regime, you can see more here at an aggregator; obamacrimes.info [obamacrimes.info] )
  - Raytheon lobbyist in Pentagon, lots lobbyists getting exemptions even though he promised not to have them.
- Goldman Sachs insider second in command at Treasury. Bumbling tax cheat idiot in "command" of Treasury with 17 positions unfilled as of late March 2009.
- Cabinet has had several nominees and appointees with multiple tax fraud issues.
- Lied about having a new degree of accountability and a SUNSHINE period of new laws, he has signed bills with little or no review at whitehouse.gov as promised.
- Appointed a second amendment violating Rich-pardoning treasonist Eric Holder as AG, the top cop of the USA, a man who helped a fugitive evade justice.
- Has not put a dime in for a single new nuclear power plant but wants to help bridges and roads to promote more driving.
- Obama, Blagojevich and Rahm Emanuel have a LOT to hide. They literally lived next to each other, Rahm had (until being Chairman Obama's Chief of staff) Blagojevich's old federal congressional seat. Blagojevich helped Chairman "The Teleprompter" Obama cheat his way to the Illinois senate by getting other candidates thrown off the ballot in Illinois. Why do you think Blagojevich was so mad? Obama DID owe him, big time. Rahm and Obama are using Blagojevich and trying to cut his head off to keep him away.
- Tony Rezko, Iraqi Arms Dealer Nahdmi Auchi, and of course Aiham Alsammarae. Chairman "The Teleprompter" Hussein Obama is so corrupted its a joke.
- Fools and "useful idiots" twist the pie charts by leaving welfare, workfare, interest on debt, social security, Medicare and Medicaid out and focusing only on non-whole "discretionary" pie charts.
2007 high level pie chart, Federal Budget, USA [wikimedia.org]
2009 Pie chart, detailed, Federal Budget, USA [wikimedia.org]
- Chairman Obama is drastically increasing spending and creating more entitlements that will make the US less competitive (especially against China, India, East Europe/Russia). This will be a huge disaster and change you can believe in will strap you and your grandkids with more debt. No taxation without representation? Obama is spending money for the next two-three generations and they can't even vote yet, or even have been born.
- An alternative to the dollar and a forex and a reserve currency came up at the last G20 meeting. The world will not take faith in Obama's liar-socialist spending and welfare state, why should the taxpayers (plebian citizen-slaves of a police state).
- The spending going on now vastly eclipses all previous spending. In fact, the massive trillion plus debts is a thing of the 80's onwards. Congress signs the checks, remember that Year after year, as egregious as the pentagon spending is, that the social spending is completely a waste of money and it is unfunded over the long term. Eisenhower built the interstates, the US could build a new power infrastructure with this money but instead is being pissed into creating more of an entitlement system that is STILL unfunded, and without massive poll-taxes and far more aggressive progressive taxes, could NEVER be funded.
- The budgeting being done today were recently reported by a non-partisan auditing commission will lead to about 10 TRILLION in new debt over the next 10 years. Obama is going to double the national debt while doing nothing to address the unfunded debt obligations of Social Security.
- Clinton appointed David Walker of the GAO, he quit, the unfunded debt obligations have rendered the USA insolvent according to accounting standards.
Taxpayers on the hook for $59 trillion [usatoday.com]
US Public Debt Unfunded Debt Obligations [wikipedia.org]
- Most of the world population gets NOTHING from their governments, or a very bare minimum or services that benefit only the upper echelons of society. However, the liar Chairman Obama says we need his universal "state-hospital" rationed health care to be competitive. Bull. China and India give nothing, and they are the biggest threat to the American worker. By forcing healthcare and higher taxes, Americans will be less competitive.
- If you think 60% tax rates end to end (income, accounts receivable tax, building permit tax, CDL tax, cigarette tax, corporate income tax, dog license tax, federal income tax, unemployment tax, gasoline tax, hunting license tax, fishing license tax, waterfowl stamp tax, inheritance tax, inventory tax, liquor tax, luxury tax, Medicare tax, city, school and county property tax (up 33 percent last 4 years), real estate tax, social security tax, road usage tax, toll road tax, state and city sales tax, recreational vehicle tax, excise tax, state franchise tax, state unemployment tax, telephone federal excise tax, telephone federal state and local surcharge tax, telephone minimum usage surcharge tax, telephone state and local tax, utility tax, vehicle license registration tax, capital gains tax, lease severance tax, oil and gas assessment tax, misc internet sales tax and many more taxes that I can't recall at the moment) will make the US competitive, along with compulsory programs to provide everyone with health care is going to make the US competitive in the age of India and China, you are a joke.
- As the US nationalizes (read: rations healthcare) to the least common denominator of affordability without regard to efficacy, people with money will simply look into medical tourism so those with money can go to medical parks in India and get real health care. Those who have lived in Canada or in the UK can tell you "free" healthcare is NOT a panacea. If you think this, you are again, a useful idiot. The NHS in the UK has given bad blood and Hepatitis and AIDS blood to people, and Jade Goody who just died was misdiagnosed twice resulting in her death (She was all cleared twice of cervical cancer which she just died of). The NHS in the UK is not able to be sued or held accountable. Neither will Chairman Obama's rationed health care service for America.
- Sorry to bust the socialist bubble-lie, but support of these types of policies will simply lower the standard of living in the USA, particularly for the middle class. At least at the end of the Eisenhower projects the USA got roads to show for the spending, and with this new spending, the USA could have built power plants that get the USA out of the middle east, but the age of government for the sake of government is upon us, and the useful idiots line up and believe empty promises.
The pentagon (and Bechtel, Kroll, Bluewater, Halliburton, etc) could get less than half of what they get today, but that will fix nothing fundamental in terms of government spending. It is simply not enough to make a difference when compared to the Medicare, Medicaid, welfare, workfare and social security entitlements.
See: YouTube - US Government Immorality Will Lead to Bankruptcy [youtube.com]
- If Obama thinks its ok to lie to 300 million people about being able to "take care of them" without even being honest about what that care would look like, then being an idiot and believing in Obama is for you.
- The head of the IRS and the head of the Treasury, Geithner, is a Tax Cheat
- Lied about no lobbyists - their numbers are growing.
- The US Government already have over 50% of the budget on Medicare, Medicaid, welfare, workfare and social security. Socialists: Good job on that one, its working great. Solution to the current near-collapse-due-to-over-spending: add more unfunded entitlements!
- You Socialist-liars can break my spirit and my financial back to force me to "need" a federal government that is turning this country into a police state and turn it into a quasi-socialist lie, but I will, I must put up a fight. I have kids to educate and feed, and the stuff you sell (which is failing to various degrees everywhere else as implemented) is simply forcing a culture of failure on a once great, libertarian free country.
- I will not be complacent with your "change," and there will be a point where civil war will become an option. See how hard you can push before you get it. How much more than half can the truly productive workers in this country afford to pay. Keep pushing to find out how to start a civil war.
- The socialist-lie of a plan will not work, its not fundable, it WILL destroy the currency to fund it, and its really as simple as this: if this insanity is funded by borrowing from the US's economic and military adversaries then Obama and his socialist cabal is NOT fit to administrate society. Rome fell. Kings who mis-manged their treasuries all fell. Every example of unhinged spending leads to the same result: systemic collapse.
- Obama and his sycophantic lunatics would want to have a civil war to get Chairman Obama's way and force the socialist-lie system on my already tax paying law abiding ass. And as far as "no new taxes" for those under 250k, its a lie, the tax is called inflation, which is set to begin just about now that the Chinese wont want the USA's worthless treasuries to fund the socialist-lie fantasy (one that COMMUNIST China doesn't even try and sell to its people!)
- Chairman Obama's numbers don't add up. There is a $59 trillion dollar hole (UFDO) in social security alone. AIG $150 billion here, TARP $350 billion there. $800 billion for a highly dubious stimulus package. Another one on the way. $59 trillion hole in the balance sheet IGNORED. China saying they aren't going to buy treasuries, Clinton clamoring to find buyers now. $3.6 trillion dollar budget, potential military action on Mexico, Iran still a "terrorist state" at the behest of the AIPAC, spending up, dollar about to fall, inflation over time since Breton Woods extremely easy to document, yet, the socialist-liars question when the numbers (the Federal Government numbers) simply don't add up to the point where if the US-GOV was a company it would be insolvent.
  -How dare the taxpayers question what Chairman Obama's drastic spending increases are going to do to the purchasing power of our savings because Chairman Obama wants to recklessly spend and try to maintain and American empire AND guarantee a standard of living, and Chairman Obama doesn't even want to build a single nuclear power plant to do it? Chairman Obama must be a complete and total lunatic moron.
- Obama is either a negligent idiot or an unhinged maniac with delusional fantasies. Meanwhile, Chainman Obama's tax dodging Treasury Secretary has 17 unfilled positions, the Treasury Dept. isn't even functioning at this point.
- "General welfare" in the constitution was, according to the man who wrote it, Madison, meant to be extremely limited in scope. The federal government per the constitution doesn't even have the enumerated POWER to deal with economic messes. A lot of these "POWERS" were created while there is a crisis to dupe the public into accepting an un-constitutional authoritarian regime as the government and to usurp authority over the people.
- The USA is a constitutional republic. A democracy is two wolves and a sheep voting to eat a sheep. Also a constitutional republic isn't about using a barely-majority or a plurality to stuff your (un-fundable disastrous) crap down the disenfranchised other-half's throat.
- With Obama's authoritarian corrupted criminal (aiding and abetting a criminal in flight of prosecution, Rich case) Eric Holder in charge, we won't have our inalienable and enumerated rights to firearms much longer. For a constitutional law expert, Obama must have never read the federalist papers or he would simply hand himself as a traitor.
- The arbitrary expansion of "general welfare" is not only unconstitutional, it may very well lead to a serious conflict on the issue.
- Here is a debate on general welfare and how stuff like this came to pass, but was clearly no intended by the authors of the document of root law.
In Federalist No. 41, James Madison asked rhetorically: "For what purpose could the enumeration of particular powers be inserted, if these and all others were meant to be included in the preceding general power?" (In reference to the general welfare clause)
So strongly did the founders believe that "general welfare" wouldn't be expanded as written:
In Federalist No. 84, Alexander Hamilton indirectly confirmed Madison's point. (That the "general welfare" clause was "clearly" nota free pass for government)
Hamilton argued that a bill of rights, which many were clamoring for, would be not only unnecessary, but dangerous. Since the federal government was given only a few specific powers, there was no need to add prohibitions: it was implicitly prohibited by the listed powers. If a proposed law a relief act, for instance wasn't covered by any of these powers, it was unconstitutional.
"why declare that things shall not be done which there is no power to do? Why, for instance, should it be said, that the liberty of the press shall not be restrained when no power is given by which restrictions may be imposed?"
Hamilton goes on to argue that making Amendments (e.g., enumerating Free speech, press and assembly) and enumerating the 'right' would have the following effect:
(A bill of rights) "would furnish, to men disposed to usurp, a plausible pretence for claiming that power that is, a power to regulate the press, short of actually shutting it down. "
"With respect to the words 'general welfare,' I have always regarded them as qualified by the detail of powers (enumerated in the Constitution) connected with them. To take them in a literal and unlimited sense would be a metamorphosis of the Constitution into a character which there is a host of proofs was not contemplated by its creators." --James Madison [The US Supreme Court has found the meaning of "general welfare" in the Constitution to be much more elastic than did Mr. Madison. But as the "author of the Constitution," what does he know?]
James Madison, when asked if the "general welfare" clause was a grant of power, replied in 1792, in a letter to Henry Lee,

If not only the means but the objects are unlimited, the parchment [the Constitution] should be thrown into the fire at once.

"...We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed. That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it...it is their right, it is their duty, to throw off such Government , and to provide new Guards for their future security. ...--The Declaration of Independence
- Wrong, monetizing failures causes more. Japan showed us this for decades. But hey, Chairman Obama thinks you can fix a problem DECADES in the making with a quick fixer-upper, he is screwed in the head.
- The complaints are with the Federal government (in general) since Breton Woods. The Federal Government and Obama's minions STILL didn't listen to David Walker, a Clinton appointee and former head of the GAO. This isn't about political parties anymore morons!
- Show me a single federal budget that was less than the previous. If this $3.6T budget goes, its never coming back barring systemic collapse.
- The United States Federal Government, The United States Federal Reserve, and the banks which were enabled to continue down reckless paths by a quasi government agency known as the Federal Reserve whose actions are not subject to congress and whose members are unelected. This situation is untenable and unconstitutional.
- Every inflationary road taken in history ends in collapse. Keynesian policies are widely regarded as no longer workable.
- Inflation is a tax: What ignorant tax and spenders don't take into account here is the relative percentages of people's wealth (both net and gross) and the costs of owning and maintaining houses, cars, standards of living.
- Inflation via deficit spending is going to make it such that you will be paying a lot more by percentage of your income to maintain a given standard of living. Obama's arguments are so poorly thought out and seek to blame "Republicans" for the mess, its really simply laughable - the needs cleanup now, not worsening.
- You can't spend your way out of a hole if the creditors (e.g. China) start telling the USA they won't buy. It is that simple. Now America starts to have to collateralize the debt with assets. The USA will be selling off chunks of American assets to back the new debt. One day, it may even be necessary to sell Alaska back to Russia because no one will take greenbacks to prop up a failing version of a modern Rome.
- Ah, here we go with the Matthew Lesko arguments. [lesko.com]
Interest rates were on the rise before the government stepped in with free money for everyone (the fine print of course indicate massive strings attached).
Other economies, for example, India, have the central rates set to far more reasonable/realistic rates (at the moment ~ 8+%), which is still tends to be too low, but shows that if you need someone else capital you need to pay a premium for it, and given that capital is in short supply, it would stand to reason that a premium must be charged for it.
The problem is the unrealistic growth rates of mature economies don't allow for profiting via growth projections (rather than simply earning money). So the government steps in, turns on the free money spigot, gets the interest rates for savings down in the 1-2% range while diluting the value of the whole currency in order to prop up dying companies that ran the business like a Madhoff Ponzi scheme.
- The Republicans aren't solely responsible for the crisis as Obama's minions would have you believe, congress is (no particular congress), the Executive of the US government (no particular one) and the US Federal Reserve System are all at fault.
- Fundamentally, the government is trying to fix the prices of various things to "make it all work." This pulling on the invisible hand is a fools venture. It was predicted long ago the housing collapse (and those, such as myself, in the know, wished while realizing the housing collapse coming that we were wrong for everyone's sake - but the truth is the truth) . It may be that the Austrian (von Mises) economists will ultimately be proven right.
- We are a nation of partially educated whiney grabby idiots, and we got the government that represents this. The Chinese, India and other up and coming nations will show no mercy for this arrogant abuse of our status as the world's forex reserves.
- War and asset sales will continue to be the only option for this scheme until it is corrected at the core. And to say that the government has already averted a depression by doing what they did (most of the monies injected wont be "felt" for some time), is just arrogance and stupidity. Price fixing prolonged the Great Depression. Price-fixing (or attempting to) houses will do the same, but probably worse.
- Obama's minions simply don't care if the US is bankrupted and rendered insolvent, they just want a say in how its done, presumably to "feel safe." Rather selfish.

"They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety." AND "Those who would give up Essential Liberty to purchase a little Temporary Safety, deserve neither Liberty nor Safety." -- Benjamin Franklin (Possibly Richard Jackson)

- Everyone better realize that inflation will pay a major role in funding un-fundable fantasies, wiping the savers and the middle class out. The problem is, that other countries are growing tired of making our Federal Reserve notes worth something by buying our debt as treasuries. Obama's minions talk about spending, but in order to "get what YOU want" you will sell debt to potential economic and military adversaries? Real bright. What's really sad is that despite David Walker being an authority on these issues, people refuse to even watch him and listen to what he is saying.
- On the success of Canada and its form of Socialism: A huge country like Canada with massive amounts of uranium and tar sands and natural resources and a huge land mass with a scant 30 million people is an order of magnitude less of a problem to manage than a country with 10x its population, a serious leaky southern border, backfiring aggressive foreign policy, particularly with Iran, and the US is competing with countries like India and China whose middle classes are larger than the US's entire population. The top 5 students in every Indian and Chinese primary school out numbers all the kids in primary school in the US. Canada is a idyllic island, the USA is front and center in an all out economic and political clash of ideologies.
- Cap and trade (and pollution control for solving global problems) will never work unless the top 10 countries in the world (in terms of both GDP and manufacturing capacity and population) are on board. Period end. If the world doesn't quickly move to nuclear now and fusion shortly, it is OVER possibly not if every home on the planet gets a wind vane, but that seems unlikely to happen (since its possible now).
- Keynes calls it "the paradox of thrift" and suggested that policies forcing people not to save is a "good idea." The guy wanted people spending all the time, or if he didn't, he never conveyed that to his protégés well enough for them to not do what they are doing. Right now the plebeians in the US are actually stashing cash, and everyone from Obama to the media is trying to get people to spend spend spend. The best thing for the long term is for people to prepare for the coming hell, not set out with no reserves.
- I have seen Keynes invoked to justify nearly every bad move in the past decade, and its warming up to be a potential currency collapse, the collapse of the US Treasury and Federal Reserve notes, and a collapse of the NYSE. And then they invoke Keynes to suggest the best way out of the mess is to spend out of an already near-critically debt massed black hole.
- A house is run like a town is run like a country or business is run like a state is run like a government. If there are things the government is doing that would either force your home into bankruptcy or into jail via fraud charges, then the government and banks shouldn't be operating in that fashion. A certain degree of stretchy liquidity is in order, but in terms of percent of GDP, there is no way of justifying what they US has now.
- Iceland failed at 850 percent debt to GDP. The US is at 350 and rising. It is not a good thing at all.
- What is happening to the dollar as a forex standard. [youtube.com]
- March 19, 2009 C-SPAN - "Let's Quit Destroying Our Dollar!" [youtube.com]
- HR 1207 (A bill to make the Fed more accountable and to answer questions regarding the dollar policy) [loc.gov]

Title: Obama sidetracked by fiscal mess, but presses on [yahoo.com]
"Being heard above the din may prove difficult. Lawmakers are wrangling over taxing people who got big bonuses and worrying the president's budget could generate $9.3 trillion in red ink over the next decade."
- Kremlin to pitch new global currency [infowars.com]
Russia proposes creation of global super-reserve currency

Holy crap, even the Russians and Chinese get it. Strange days are here.

Re:Obama Policies Will Bankrupt USA Tsarkon Report (-1, Offtopic)

Anonymous Coward | more than 5 years ago | (#27324929)

Obama Policies Will Bankrupt USA Tsarkon Reports

- This just in, March 23 2009 Chinas central bank on Monday proposed replacing the US dollar as the international reserve currency with a new global system controlled by the International Monetary Fund [ft.com]

- Russia too: It is necessary to work out and adopt internationally recognized standards for macroeconomic and budget policy, which are binding for the leading world economies, including the countries issuing reserve currencies - the Kremlin proposals read. [en.rian.ru]

- President Barak "The Teleprompter" Obama is deeply connected to corruption, Rahm Emanuel (Radical authoritarian Statist whose father was part of the Murderous Civilian Killing Israeli Terrorist Organization known as IRGUN), Connected to Rod Blagojevich (Rahm inherited Rod's federal-congress seat), Connected to Ayers, a man who promotes the concept that civilian collateral damage is ok in a war against freedom, Preacher Jeremiah Wright, who is himself a black-elitist who wants all the people who largely "pay the freight" to suffer, 31 million on food stamps, more blacks are in prison and on food-stamps per capita than anyone else. The problem with Wright is simply this: the facts are "racist."
- Obama: Racist, AIPAC-bootlicker, Corrupted to the bone Chicago style and a Traitor to the US Constitution and a Liar whose real "legal" name could very well be Barry Sotero and an Indonesian citizen (The US does not allow plural citizenship) (If you care, not that it matters anymore under a Lawless Authoritarian Totalitarian Regime, you can see more here at an aggregator; obamacrimes.info [obamacrimes.info] )
  - Raytheon lobbyist in Pentagon, lots lobbyists getting exemptions even though he promised not to have them.
- Goldman Sachs insider second in command at Treasury. Bumbling tax cheat idiot in "command" of Treasury with 17 positions unfilled as of late March 2009.
- Cabinet has had several nominees and appointees with multiple tax fraud issues.
- Lied about having a new degree of accountability and a SUNSHINE period of new laws, he has signed bills with little or no review at whitehouse.gov as promised.
- Appointed a second amendment violating Rich-pardoning treasonist Eric Holder as AG, the top cop of the USA, a man who helped a fugitive evade justice.
- Has not put a dime in for a single new nuclear power plant but wants to help bridges and roads to promote more driving.
- Obama, Blagojevich and Rahm Emanuel have a LOT to hide. They literally lived next to each other, Rahm had (until being Chairman Obama's Chief of staff) Blagojevich's old federal congressional seat. Blagojevich helped Chairman "The Teleprompter" Obama cheat his way to the Illinois senate by getting other candidates thrown off the ballot in Illinois. Why do you think Blagojevich was so mad? Obama DID owe him, big time. Rahm and Obama are using Blagojevich and trying to cut his head off to keep him away.
- Tony Rezko, Iraqi Arms Dealer Nahdmi Auchi, and of course Aiham Alsammarae. Chairman "The Teleprompter" Hussein Obama is so corrupted its a joke.
- Fools and "useful idiots" twist the pie charts by leaving welfare, workfare, interest on debt, social security, Medicare and Medicaid out and focusing only on non-whole "discretionary" pie charts.
2007 high level pie chart, Federal Budget, USA [wikimedia.org]
2009 Pie chart, detailed, Federal Budget, USA [wikimedia.org]
- Chairman Obama is drastically increasing spending and creating more entitlements that will make the US less competitive (especially against China, India, East Europe/Russia). This will be a huge disaster and change you can believe in will strap you and your grandkids with more debt. No taxation without representation? Obama is spending money for the next two-three generations and they can't even vote yet, or even have been born.
- An alternative to the dollar and a forex and a reserve currency came up at the last G20 meeting. The world will not take faith in Obama's liar-socialist spending and welfare state, why should the taxpayers (plebian citizen-slaves of a police state).
- The spending going on now vastly eclipses all previous spending. In fact, the massive trillion plus debts is a thing of the 80's onwards. Congress signs the checks, remember that Year after year, as egregious as the pentagon spending is, that the social spending is completely a waste of money and it is unfunded over the long term. Eisenhower built the interstates, the US could build a new power infrastructure with this money but instead is being pissed into creating more of an entitlement system that is STILL unfunded, and without massive poll-taxes and far more aggressive progressive taxes, could NEVER be funded.
- The budgeting being done today were recently reported by a non-partisan auditing commission will lead to about 10 TRILLION in new debt over the next 10 years. Obama is going to double the national debt while doing nothing to address the unfunded debt obligations of Social Security.
- Clinton appointed David Walker of the GAO, he quit, the unfunded debt obligations have rendered the USA insolvent according to accounting standards.
Taxpayers on the hook for $59 trillion [usatoday.com]
US Public Debt Unfunded Debt Obligations [wikipedia.org]
- Most of the world population gets NOTHING from their governments, or a very bare minimum or services that benefit only the upper echelons of society. However, the liar Chairman Obama says we need his universal "state-hospital" rationed health care to be competitive. Bull. China and India give nothing, and they are the biggest threat to the American worker. By forcing healthcare and higher taxes, Americans will be less competitive.
- If you think 60% tax rates end to end (income, accounts receivable tax, building permit tax, CDL tax, cigarette tax, corporate income tax, dog license tax, federal income tax, unemployment tax, gasoline tax, hunting license tax, fishing license tax, waterfowl stamp tax, inheritance tax, inventory tax, liquor tax, luxury tax, Medicare tax, city, school and county property tax (up 33 percent last 4 years), real estate tax, social security tax, road usage tax, toll road tax, state and city sales tax, recreational vehicle tax, excise tax, state franchise tax, state unemployment tax, telephone federal excise tax, telephone federal state and local surcharge tax, telephone minimum usage surcharge tax, telephone state and local tax, utility tax, vehicle license registration tax, capital gains tax, lease severance tax, oil and gas assessment tax, misc internet sales tax and many more taxes that I can't recall at the moment) will make the US competitive, along with compulsory programs to provide everyone with health care is going to make the US competitive in the age of India and China, you are a joke.
- As the US nationalizes (read: rations healthcare) to the least common denominator of affordability without regard to efficacy, people with money will simply look into medical tourism so those with money can go to medical parks in India and get real health care. Those who have lived in Canada or in the UK can tell you "free" healthcare is NOT a panacea. If you think this, you are again, a useful idiot. The NHS in the UK has given bad blood and Hepatitis and AIDS blood to people, and Jade Goody who just died was misdiagnosed twice resulting in her death (She was all cleared twice of cervical cancer which she just died of). The NHS in the UK is not able to be sued or held accountable. Neither will Chairman Obama's rationed health care service for America.
- Sorry to bust the socialist bubble-lie, but support of these types of policies will simply lower the standard of living in the USA, particularly for the middle class. At least at the end of the Eisenhower projects the USA got roads to show for the spending, and with this new spending, the USA could have built power plants that get the USA out of the middle east, but the age of government for the sake of government is upon us, and the useful idiots line up and believe empty promises.
The pentagon (and Bechtel, Kroll, Bluewater, Halliburton, etc) could get less than half of what they get today, but that will fix nothing fundamental in terms of government spending. It is simply not enough to make a difference when compared to the Medicare, Medicaid, welfare, workfare and social security entitlements.
See: YouTube - US Government Immorality Will Lead to Bankruptcy [youtube.com]
- If Obama thinks its ok to lie to 300 million people about being able to "take care of them" without even being honest about what that care would look like, then being an idiot and believing in Obama is for you.
- The head of the IRS and the head of the Treasury, Geithner, is a Tax Cheat
- Lied about no lobbyists - their numbers are growing.
- The US Government already have over 50% of the budget on Medicare, Medicaid, welfare, workfare and social security. Socialists: Good job on that one, its working great. Solution to the current near-collapse-due-to-over-spending: add more unfunded entitlements!
- You Socialist-liars can break my spirit and my financial back to force me to "need" a federal government that is turning this country into a police state and turn it into a quasi-socialist lie, but I will, I must put up a fight. I have kids to educate and feed, and the stuff you sell (which is failing to various degrees everywhere else as implemented) is simply forcing a culture of failure on a once great, libertarian free country.
- I will not be complacent with your "change," and there will be a point where civil war will become an option. See how hard you can push before you get it. How much more than half can the truly productive workers in this country afford to pay. Keep pushing to find out how to start a civil war.
- The socialist-lie of a plan will not work, its not fundable, it WILL destroy the currency to fund it, and its really as simple as this: if this insanity is funded by borrowing from the US's economic and military adversaries then Obama and his socialist cabal is NOT fit to administrate society. Rome fell. Kings who mis-manged their treasuries all fell. Every example of unhinged spending leads to the same result: systemic collapse.
- Obama and his sycophantic lunatics would want to have a civil war to get Chairman Obama's way and force the socialist-lie system on my already tax paying law abiding ass. And as far as "no new taxes" for those under 250k, its a lie, the tax is called inflation, which is set to begin just about now that the Chinese wont want the USA's worthless treasuries to fund the socialist-lie fantasy (one that COMMUNIST China doesn't even try and sell to its people!)
- Chairman Obama's numbers don't add up. There is a $59 trillion dollar hole (UFDO) in social security alone. AIG $150 billion here, TARP $350 billion there. $800 billion for a highly dubious stimulus package. Another one on the way. $59 trillion hole in the balance sheet IGNORED. China saying they aren't going to buy treasuries, Clinton clamoring to find buyers now. $3.6 trillion dollar budget, potential military action on Mexico, Iran still a "terrorist state" at the behest of the AIPAC, spending up, dollar about to fall, inflation over time since Breton Woods extremely easy to document, yet, the socialist-liars question when the numbers (the Federal Government numbers) simply don't add up to the point where if the US-GOV was a company it would be insolvent.
  -How dare the taxpayers question what Chairman Obama's drastic spending increases are going to do to the purchasing power of our savings because Chairman Obama wants to recklessly spend and try to maintain and American empire AND guarantee a standard of living, and Chairman Obama doesn't even want to build a single nuclear power plant to do it? Chairman Obama must be a complete and total lunatic moron.
- Obama is either a negligent idiot or an unhinged maniac with delusional fantasies. Meanwhile, Chainman Obama's tax dodging Treasury Secretary has 17 unfilled positions, the Treasury Dept. isn't even functioning at this point.
- "General welfare" in the constitution was, according to the man who wrote it, Madison, meant to be extremely limited in scope. The federal government per the constitution doesn't even have the enumerated POWER to deal with economic messes. A lot of these "POWERS" were created while there is a crisis to dupe the public into accepting an un-constitutional authoritarian regime as the government and to usurp authority over the people.
- The USA is a constitutional republic. A democracy is two wolves and a sheep voting to eat a sheep. Also a constitutional republic isn't about using a barely-majority or a plurality to stuff your (un-fundable disastrous) crap down the disenfranchised other-half's throat.
- With Obama's authoritarian corrupted criminal (aiding and abetting a criminal in flight of prosecution, Rich case) Eric Holder in charge, we won't have our inalienable and enumerated rights to firearms much longer. For a constitutional law expert, Obama must have never read the federalist papers or he would simply hand himself as a traitor.
- The arbitrary expansion of "general welfare" is not only unconstitutional, it may very well lead to a serious conflict on the issue.
- Here is a debate on general welfare and how stuff like this came to pass, but was clearly no intended by the authors of the document of root law.
In Federalist No. 41, James Madison asked rhetorically: "For what purpose could the enumeration of particular powers be inserted, if these and all others were meant to be included in the preceding general power?" (In reference to the general welfare clause)
So strongly did the founders believe that "general welfare" wouldn't be expanded as written:
In Federalist No. 84, Alexander Hamilton indirectly confirmed Madison's point. (That the "general welfare" clause was "clearly" nota free pass for government)
Hamilton argued that a bill of rights, which many were clamoring for, would be not only unnecessary, but dangerous. Since the federal government was given only a few specific powers, there was no need to add prohibitions: it was implicitly prohibited by the listed powers. If a proposed law a relief act, for instance wasn't covered by any of these powers, it was unconstitutional.
"why declare that things shall not be done which there is no power to do? Why, for instance, should it be said, that the liberty of the press shall not be restrained when no power is given by which restrictions may be imposed?"
Hamilton goes on to argue that making Amendments (e.g., enumerating Free speech, press and assembly) and enumerating the 'right' would have the following effect:
(A bill of rights) "would furnish, to men disposed to usurp, a plausible pretence for claiming that power that is, a power to regulate the press, short of actually shutting it down. "
"With respect to the words 'general welfare,' I have always regarded them as qualified by the detail of powers (enumerated in the Constitution) connected with them. To take them in a literal and unlimited sense would be a metamorphosis of the Constitution into a character which there is a host of proofs was not contemplated by its creators." --James Madison [The US Supreme Court has found the meaning of "general welfare" in the Constitution to be much more elastic than did Mr. Madison. But as the "author of the Constitution," what does he know?]
James Madison, when asked if the "general welfare" clause was a grant of power, replied in 1792, in a letter to Henry Lee,

If not only the means but the objects are unlimited, the parchment [the Constitution] should be thrown into the fire at once.

"...We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed. That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it...it is their right, it is their duty, to throw off such Government , and to provide new Guards for their future security. ...--The Declaration of Independence
- Wrong, monetizing failures causes more. Japan showed us this for decades. But hey, Chairman Obama thinks you can fix a problem DECADES in the making with a quick fixer-upper, he is screwed in the head.
- The complaints are with the Federal government (in general) since Breton Woods. The Federal Government and Obama's minions STILL didn't listen to David Walker, a Clinton appointee and former head of the GAO. This isn't about political parties anymore morons!
- Show me a single federal budget that was less than the previous. If this $3.6T budget goes, its never coming back barring systemic collapse.
- The United States Federal Government, The United States Federal Reserve, and the banks which were enabled to continue down reckless paths by a quasi government agency known as the Federal Reserve whose actions are not subject to congress and whose members are unelected. This situation is untenable and unconstitutional.
- Every inflationary road taken in history ends in collapse. Keynesian policies are widely regarded as no longer workable.
- Inflation is a tax: What ignorant tax and spenders don't take into account here is the relative percentages of people's wealth (both net and gross) and the costs of owning and maintaining houses, cars, standards of living.
- Inflation via deficit spending is going to make it such that you will be paying a lot more by percentage of your income to maintain a given standard of living. Obama's arguments are so poorly thought out and seek to blame "Republicans" for the mess, its really simply laughable - the needs cleanup now, not worsening.
- You can't spend your way out of a hole if the creditors (e.g. China) start telling the USA they won't buy. It is that simple. Now America starts to have to collateralize the debt with assets. The USA will be selling off chunks of American assets to back the new debt. One day, it may even be necessary to sell Alaska back to Russia because no one will take greenbacks to prop up a failing version of a modern Rome.
- Ah, here we go with the Matthew Lesko arguments. [lesko.com]
Interest rates were on the rise before the government stepped in with free money for everyone (the fine print of course indicate massive strings attached).
Other economies, for example, India, have the central rates set to far more reasonable/realistic rates (at the moment ~ 8+%), which is still tends to be too low, but shows that if you need someone else capital you need to pay a premium for it, and given that capital is in short supply, it would stand to reason that a premium must be charged for it.
The problem is the unrealistic growth rates of mature economies don't allow for profiting via growth projections (rather than simply earning money). So the government steps in, turns on the free money spigot, gets the interest rates for savings down in the 1-2% range while diluting the value of the whole currency in order to prop up dying companies that ran the business like a Madhoff Ponzi scheme.
- The Republicans aren't solely responsible for the crisis as Obama's minions would have you believe, congress is (no particular congress), the Executive of the US government (no particular one) and the US Federal Reserve System are all at fault.
- Fundamentally, the government is trying to fix the prices of various things to "make it all work." This pulling on the invisible hand is a fools venture. It was predicted long ago the housing collapse (and those, such as myself, in the know, wished while realizing the housing collapse coming that we were wrong for everyone's sake - but the truth is the truth) . It may be that the Austrian (von Mises) economists will ultimately be proven right.
- We are a nation of partially educated whiney grabby idiots, and we got the government that represents this. The Chinese, India and other up and coming nations will show no mercy for this arrogant abuse of our status as the world's forex reserves.
- War and asset sales will continue to be the only option for this scheme until it is corrected at the core. And to say that the government has already averted a depression by doing what they did (most of the monies injected wont be "felt" for some time), is just arrogance and stupidity. Price fixing prolonged the Great Depression. Price-fixing (or attempting to) houses will do the same, but probably worse.
- Obama's minions simply don't care if the US is bankrupted and rendered insolvent, they just want a say in how its done, presumably to "feel safe." Rather selfish.

"They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety." AND "Those who would give up Essential Liberty to purchase a little Temporary Safety, deserve neither Liberty nor Safety." -- Benjamin Franklin (Possibly Richard Jackson)

- Everyone better realize that inflation will pay a major role in funding un-fundable fantasies, wiping the savers and the middle class out. The problem is, that other countries are growing tired of making our Federal Reserve notes worth something by buying our debt as treasuries. Obama's minions talk about spending, but in order to "get what YOU want" you will sell debt to potential economic and military adversaries? Real bright. What's really sad is that despite David Walker being an authority on these issues, people refuse to even watch him and listen to what he is saying.
- On the success of Canada and its form of Socialism: A huge country like Canada with massive amounts of uranium and tar sands and natural resources and a huge land mass with a scant 30 million people is an order of magnitude less of a problem to manage than a country with 10x its population, a serious leaky southern border, backfiring aggressive foreign policy, particularly with Iran, and the US is competing with countries like India and China whose middle classes are larger than the US's entire population. The top 5 students in every Indian and Chinese primary school out numbers all the kids in primary school in the US. Canada is a idyllic island, the USA is front and center in an all out economic and political clash of ideologies.
- Cap and trade (and pollution control for solving global problems) will never work unless the top 10 countries in the world (in terms of both GDP and manufacturing capacity and population) are on board. Period end. If the world doesn't quickly move to nuclear now and fusion shortly, it is OVER possibly not if every home on the planet gets a wind vane, but that seems unlikely to happen (since its possible now).
- Keynes calls it "the paradox of thrift" and suggested that policies forcing people not to save is a "good idea." The guy wanted people spending all the time, or if he didn't, he never conveyed that to his protégés well enough for them to not do what they are doing. Right now the plebeians in the US are actually stashing cash, and everyone from Obama to the media is trying to get people to spend spend spend. The best thing for the long term is for people to prepare for the coming hell, not set out with no reserves.
- I have seen Keynes invoked to justify nearly every bad move in the past decade, and its warming up to be a potential currency collapse, the collapse of the US Treasury and Federal Reserve notes, and a collapse of the NYSE. And then they invoke Keynes to suggest the best way out of the mess is to spend out of an already near-critically debt massed black hole.
- A house is run like a town is run like a country or business is run like a state is run like a government. If there are things the government is doing that would either force your home into bankruptcy or into jail via fraud charges, then the government and banks shouldn't be operating in that fashion. A certain degree of stretchy liquidity is in order, but in terms of percent of GDP, there is no way of justifying what they US has now.
- Iceland failed at 850 percent debt to GDP. The US is at 350 and rising. It is not a good thing at all.
- What is happening to the dollar as a forex standard. [youtube.com]
- March 19, 2009 C-SPAN - "Let's Quit Destroying Our Dollar!" [youtube.com]
- HR 1207 (A bill to make the Fed more accountable and to answer questions regarding the dollar policy) [loc.gov]

Title: Obama sidetracked by fiscal mess, but presses on [yahoo.com]
"Being heard above the din may prove difficult. Lawmakers are wrangling over taxing people who got big bonuses and worrying the president's budget could generate $9.3 trillion in red ink over the next decade."
- Kremlin to pitch new global currency [infowars.com]
Russia proposes creation of global super-reserve currency

Holy crap, even the Russians and Chinese get it. Strange days are here.

Re:Obama Policies Will Bankrupt USA Tsarkon Report (-1, Troll)

Anonymous Coward | more than 5 years ago | (#27324003)

We're all in this together you crazy fuck, and if you can't play well with others, you're going to have to go sit in the corner for a time out.

Re:Obama Policies Will Bankrupt USA Tsarkon Report (-1, Offtopic)

wampus (1932) | more than 5 years ago | (#27324045)

Wow. Are your different personalities all seeing the same fucking doctor?

Re:Obama Policies Will Bankrupt USA Tsarkon Report (-1, Offtopic)

ColdWetDog (752185) | more than 5 years ago | (#27324235)

Wow. Are your different personalities all seeing the same fucking doctor?

I doubt it. That would be rather expensive. You'd get a bill for each and every one.

Re:Obama Policies Will Bankrupt USA Tsarkon Report (0, Offtopic)

mail2345 (1201389) | more than 5 years ago | (#27324643)

See, that's why you hire ELIZA.

Re:Obama Policies Will Bankrupt USA Tsarkon Report (-1, Troll)

Anonymous Coward | more than 5 years ago | (#27324953)

Obama Policies Will Bankrupt USA Tsarkon Reports

- This just in, March 23 2009 Chinas central bank on Monday proposed replacing the US dollar as the international reserve currency with a new global system controlled by the International Monetary Fund [ft.com]

- Russia too: It is necessary to work out and adopt internationally recognized standards for macroeconomic and budget policy, which are binding for the leading world economies, including the countries issuing reserve currencies - the Kremlin proposals read. [en.rian.ru]

- President Barak "The Teleprompter" Obama is deeply connected to corruption, Rahm Emanuel (Radical authoritarian Statist whose father was part of the Murderous Civilian Killing Israeli Terrorist Organization known as IRGUN), Connected to Rod Blagojevich (Rahm inherited Rod's federal-congress seat), Connected to Ayers, a man who promotes the concept that civilian collateral damage is ok in a war against freedom, Preacher Jeremiah Wright, who is himself a black-elitist who wants all the people who largely "pay the freight" to suffer, 31 million on food stamps, more blacks are in prison and on food-stamps per capita than anyone else. The problem with Wright is simply this: the facts are "racist."
- Obama: Racist, AIPAC-bootlicker, Corrupted to the bone Chicago style and a Traitor to the US Constitution and a Liar whose real "legal" name could very well be Barry Sotero and an Indonesian citizen (The US does not allow plural citizenship) (If you care, not that it matters anymore under a Lawless Authoritarian Totalitarian Regime, you can see more here at an aggregator; obamacrimes.info [obamacrimes.info] )
  - Raytheon lobbyist in Pentagon, lots lobbyists getting exemptions even though he promised not to have them.
- Goldman Sachs insider second in command at Treasury. Bumbling tax cheat idiot in "command" of Treasury with 17 positions unfilled as of late March 2009.
- Cabinet has had several nominees and appointees with multiple tax fraud issues.
- Lied about having a new degree of accountability and a SUNSHINE period of new laws, he has signed bills with little or no review at whitehouse.gov as promised.
- Appointed a second amendment violating Rich-pardoning treasonist Eric Holder as AG, the top cop of the USA, a man who helped a fugitive evade justice.
- Has not put a dime in for a single new nuclear power plant but wants to help bridges and roads to promote more driving.
- Obama, Blagojevich and Rahm Emanuel have a LOT to hide. They literally lived next to each other, Rahm had (until being Chairman Obama's Chief of staff) Blagojevich's old federal congressional seat. Blagojevich helped Chairman "The Teleprompter" Obama cheat his way to the Illinois senate by getting other candidates thrown off the ballot in Illinois. Why do you think Blagojevich was so mad? Obama DID owe him, big time. Rahm and Obama are using Blagojevich and trying to cut his head off to keep him away.
- Tony Rezko, Iraqi Arms Dealer Nahdmi Auchi, and of course Aiham Alsammarae. Chairman "The Teleprompter" Hussein Obama is so corrupted its a joke.
- Fools and "useful idiots" twist the pie charts by leaving welfare, workfare, interest on debt, social security, Medicare and Medicaid out and focusing only on non-whole "discretionary" pie charts.
2007 high level pie chart, Federal Budget, USA [wikimedia.org]
2009 Pie chart, detailed, Federal Budget, USA [wikimedia.org]
- Chairman Obama is drastically increasing spending and creating more entitlements that will make the US less competitive (especially against China, India, East Europe/Russia). This will be a huge disaster and change you can believe in will strap you and your grandkids with more debt. No taxation without representation? Obama is spending money for the next two-three generations and they can't even vote yet, or even have been born.
- An alternative to the dollar and a forex and a reserve currency came up at the last G20 meeting. The world will not take faith in Obama's liar-socialist spending and welfare state, why should the taxpayers (plebian citizen-slaves of a police state).
- The spending going on now vastly eclipses all previous spending. In fact, the massive trillion plus debts is a thing of the 80's onwards. Congress signs the checks, remember that Year after year, as egregious as the pentagon spending is, that the social spending is completely a waste of money and it is unfunded over the long term. Eisenhower built the interstates, the US could build a new power infrastructure with this money but instead is being pissed into creating more of an entitlement system that is STILL unfunded, and without massive poll-taxes and far more aggressive progressive taxes, could NEVER be funded.
- The budgeting being done today were recently reported by a non-partisan auditing commission will lead to about 10 TRILLION in new debt over the next 10 years. Obama is going to double the national debt while doing nothing to address the unfunded debt obligations of Social Security.
- Clinton appointed David Walker of the GAO, he quit, the unfunded debt obligations have rendered the USA insolvent according to accounting standards.
Taxpayers on the hook for $59 trillion [usatoday.com]
US Public Debt Unfunded Debt Obligations [wikipedia.org]
- Most of the world population gets NOTHING from their governments, or a very bare minimum or services that benefit only the upper echelons of society. However, the liar Chairman Obama says we need his universal "state-hospital" rationed health care to be competitive. Bull. China and India give nothing, and they are the biggest threat to the American worker. By forcing healthcare and higher taxes, Americans will be less competitive.
- If you think 60% tax rates end to end (income, accounts receivable tax, building permit tax, CDL tax, cigarette tax, corporate income tax, dog license tax, federal income tax, unemployment tax, gasoline tax, hunting license tax, fishing license tax, waterfowl stamp tax, inheritance tax, inventory tax, liquor tax, luxury tax, Medicare tax, city, school and county property tax (up 33 percent last 4 years), real estate tax, social security tax, road usage tax, toll road tax, state and city sales tax, recreational vehicle tax, excise tax, state franchise tax, state unemployment tax, telephone federal excise tax, telephone federal state and local surcharge tax, telephone minimum usage surcharge tax, telephone state and local tax, utility tax, vehicle license registration tax, capital gains tax, lease severance tax, oil and gas assessment tax, misc internet sales tax and many more taxes that I can't recall at the moment) will make the US competitive, along with compulsory programs to provide everyone with health care is going to make the US competitive in the age of India and China, you are a joke.
- As the US nationalizes (read: rations healthcare) to the least common denominator of affordability without regard to efficacy, people with money will simply look into medical tourism so those with money can go to medical parks in India and get real health care. Those who have lived in Canada or in the UK can tell you "free" healthcare is NOT a panacea. If you think this, you are again, a useful idiot. The NHS in the UK has given bad blood and Hepatitis and AIDS blood to people, and Jade Goody who just died was misdiagnosed twice resulting in her death (She was all cleared twice of cervical cancer which she just died of). The NHS in the UK is not able to be sued or held accountable. Neither will Chairman Obama's rationed health care service for America.
- Sorry to bust the socialist bubble-lie, but support of these types of policies will simply lower the standard of living in the USA, particularly for the middle class. At least at the end of the Eisenhower projects the USA got roads to show for the spending, and with this new spending, the USA could have built power plants that get the USA out of the middle east, but the age of government for the sake of government is upon us, and the useful idiots line up and believe empty promises.
The pentagon (and Bechtel, Kroll, Bluewater, Halliburton, etc) could get less than half of what they get today, but that will fix nothing fundamental in terms of government spending. It is simply not enough to make a difference when compared to the Medicare, Medicaid, welfare, workfare and social security entitlements.
See: YouTube - US Government Immorality Will Lead to Bankruptcy [youtube.com]
- If Obama thinks its ok to lie to 300 million people about being able to "take care of them" without even being honest about what that care would look like, then being an idiot and believing in Obama is for you.
- The head of the IRS and the head of the Treasury, Geithner, is a Tax Cheat
- Lied about no lobbyists - their numbers are growing.
- The US Government already have over 50% of the budget on Medicare, Medicaid, welfare, workfare and social security. Socialists: Good job on that one, its working great. Solution to the current near-collapse-due-to-over-spending: add more unfunded entitlements!
- You Socialist-liars can break my spirit and my financial back to force me to "need" a federal government that is turning this country into a police state and turn it into a quasi-socialist lie, but I will, I must put up a fight. I have kids to educate and feed, and the stuff you sell (which is failing to various degrees everywhere else as implemented) is simply forcing a culture of failure on a once great, libertarian free country.
- I will not be complacent with your "change," and there will be a point where civil war will become an option. See how hard you can push before you get it. How much more than half can the truly productive workers in this country afford to pay. Keep pushing to find out how to start a civil war.
- The socialist-lie of a plan will not work, its not fundable, it WILL destroy the currency to fund it, and its really as simple as this: if this insanity is funded by borrowing from the US's economic and military adversaries then Obama and his socialist cabal is NOT fit to administrate society. Rome fell. Kings who mis-manged their treasuries all fell. Every example of unhinged spending leads to the same result: systemic collapse.
- Obama and his sycophantic lunatics would want to have a civil war to get Chairman Obama's way and force the socialist-lie system on my already tax paying law abiding ass. And as far as "no new taxes" for those under 250k, its a lie, the tax is called inflation, which is set to begin just about now that the Chinese wont want the USA's worthless treasuries to fund the socialist-lie fantasy (one that COMMUNIST China doesn't even try and sell to its people!)
- Chairman Obama's numbers don't add up. There is a $59 trillion dollar hole (UFDO) in social security alone. AIG $150 billion here, TARP $350 billion there. $800 billion for a highly dubious stimulus package. Another one on the way. $59 trillion hole in the balance sheet IGNORED. China saying they aren't going to buy treasuries, Clinton clamoring to find buyers now. $3.6 trillion dollar budget, potential military action on Mexico, Iran still a "terrorist state" at the behest of the AIPAC, spending up, dollar about to fall, inflation over time since Breton Woods extremely easy to document, yet, the socialist-liars question when the numbers (the Federal Government numbers) simply don't add up to the point where if the US-GOV was a company it would be insolvent.
  -How dare the taxpayers question what Chairman Obama's drastic spending increases are going to do to the purchasing power of our savings because Chairman Obama wants to recklessly spend and try to maintain and American empire AND guarantee a standard of living, and Chairman Obama doesn't even want to build a single nuclear power plant to do it? Chairman Obama must be a complete and total lunatic moron.
- Obama is either a negligent idiot or an unhinged maniac with delusional fantasies. Meanwhile, Chainman Obama's tax dodging Treasury Secretary has 17 unfilled positions, the Treasury Dept. isn't even functioning at this point.
- "General welfare" in the constitution was, according to the man who wrote it, Madison, meant to be extremely limited in scope. The federal government per the constitution doesn't even have the enumerated POWER to deal with economic messes. A lot of these "POWERS" were created while there is a crisis to dupe the public into accepting an un-constitutional authoritarian regime as the government and to usurp authority over the people.
- The USA is a constitutional republic. A democracy is two wolves and a sheep voting to eat a sheep. Also a constitutional republic isn't about using a barely-majority or a plurality to stuff your (un-fundable disastrous) crap down the disenfranchised other-half's throat.
- With Obama's authoritarian corrupted criminal (aiding and abetting a criminal in flight of prosecution, Rich case) Eric Holder in charge, we won't have our inalienable and enumerated rights to firearms much longer. For a constitutional law expert, Obama must have never read the federalist papers or he would simply hand himself as a traitor.
- The arbitrary expansion of "general welfare" is not only unconstitutional, it may very well lead to a serious conflict on the issue.
- Here is a debate on general welfare and how stuff like this came to pass, but was clearly no intended by the authors of the document of root law.
In Federalist No. 41, James Madison asked rhetorically: "For what purpose could the enumeration of particular powers be inserted, if these and all others were meant to be included in the preceding general power?" (In reference to the general welfare clause)
So strongly did the founders believe that "general welfare" wouldn't be expanded as written:
In Federalist No. 84, Alexander Hamilton indirectly confirmed Madison's point. (That the "general welfare" clause was "clearly" nota free pass for government)
Hamilton argued that a bill of rights, which many were clamoring for, would be not only unnecessary, but dangerous. Since the federal government was given only a few specific powers, there was no need to add prohibitions: it was implicitly prohibited by the listed powers. If a proposed law a relief act, for instance wasn't covered by any of these powers, it was unconstitutional.
"why declare that things shall not be done which there is no power to do? Why, for instance, should it be said, that the liberty of the press shall not be restrained when no power is given by which restrictions may be imposed?"
Hamilton goes on to argue that making Amendments (e.g., enumerating Free speech, press and assembly) and enumerating the 'right' would have the following effect:
(A bill of rights) "would furnish, to men disposed to usurp, a plausible pretence for claiming that power that is, a power to regulate the press, short of actually shutting it down. "
"With respect to the words 'general welfare,' I have always regarded them as qualified by the detail of powers (enumerated in the Constitution) connected with them. To take them in a literal and unlimited sense would be a metamorphosis of the Constitution into a character which there is a host of proofs was not contemplated by its creators." --James Madison [The US Supreme Court has found the meaning of "general welfare" in the Constitution to be much more elastic than did Mr. Madison. But as the "author of the Constitution," what does he know?]
James Madison, when asked if the "general welfare" clause was a grant of power, replied in 1792, in a letter to Henry Lee,

If not only the means but the objects are unlimited, the parchment [the Constitution] should be thrown into the fire at once.

"...We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed. That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it...it is their right, it is their duty, to throw off such Government , and to provide new Guards for their future security. ...--The Declaration of Independence
- Wrong, monetizing failures causes more. Japan showed us this for decades. But hey, Chairman Obama thinks you can fix a problem DECADES in the making with a quick fixer-upper, he is screwed in the head.
- The complaints are with the Federal government (in general) since Breton Woods. The Federal Government and Obama's minions STILL didn't listen to David Walker, a Clinton appointee and former head of the GAO. This isn't about political parties anymore morons!
- Show me a single federal budget that was less than the previous. If this $3.6T budget goes, its never coming back barring systemic collapse.
- The United States Federal Government, The United States Federal Reserve, and the banks which were enabled to continue down reckless paths by a quasi government agency known as the Federal Reserve whose actions are not subject to congress and whose members are unelected. This situation is untenable and unconstitutional.
- Every inflationary road taken in history ends in collapse. Keynesian policies are widely regarded as no longer workable.
- Inflation is a tax: What ignorant tax and spenders don't take into account here is the relative percentages of people's wealth (both net and gross) and the costs of owning and maintaining houses, cars, standards of living.
- Inflation via deficit spending is going to make it such that you will be paying a lot more by percentage of your income to maintain a given standard of living. Obama's arguments are so poorly thought out and seek to blame "Republicans" for the mess, its really simply laughable - the needs cleanup now, not worsening.
- You can't spend your way out of a hole if the creditors (e.g. China) start telling the USA they won't buy. It is that simple. Now America starts to have to collateralize the debt with assets. The USA will be selling off chunks of American assets to back the new debt. One day, it may even be necessary to sell Alaska back to Russia because no one will take greenbacks to prop up a failing version of a modern Rome.
- Ah, here we go with the Matthew Lesko arguments. [lesko.com]
Interest rates were on the rise before the government stepped in with free money for everyone (the fine print of course indicate massive strings attached).
Other economies, for example, India, have the central rates set to far more reasonable/realistic rates (at the moment ~ 8+%), which is still tends to be too low, but shows that if you need someone else capital you need to pay a premium for it, and given that capital is in short supply, it would stand to reason that a premium must be charged for it.
The problem is the unrealistic growth rates of mature economies don't allow for profiting via growth projections (rather than simply earning money). So the government steps in, turns on the free money spigot, gets the interest rates for savings down in the 1-2% range while diluting the value of the whole currency in order to prop up dying companies that ran the business like a Madhoff Ponzi scheme.
- The Republicans aren't solely responsible for the crisis as Obama's minions would have you believe, congress is (no particular congress), the Executive of the US government (no particular one) and the US Federal Reserve System are all at fault.
- Fundamentally, the government is trying to fix the prices of various things to "make it all work." This pulling on the invisible hand is a fools venture. It was predicted long ago the housing collapse (and those, such as myself, in the know, wished while realizing the housing collapse coming that we were wrong for everyone's sake - but the truth is the truth) . It may be that the Austrian (von Mises) economists will ultimately be proven right.
- We are a nation of partially educated whiney grabby idiots, and we got the government that represents this. The Chinese, India and other up and coming nations will show no mercy for this arrogant abuse of our status as the world's forex reserves.
- War and asset sales will continue to be the only option for this scheme until it is corrected at the core. And to say that the government has already averted a depression by doing what they did (most of the monies injected wont be "felt" for some time), is just arrogance and stupidity. Price fixing prolonged the Great Depression. Price-fixing (or attempting to) houses will do the same, but probably worse.
- Obama's minions simply don't care if the US is bankrupted and rendered insolvent, they just want a say in how its done, presumably to "feel safe." Rather selfish.

"They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety." AND "Those who would give up Essential Liberty to purchase a little Temporary Safety, deserve neither Liberty nor Safety." -- Benjamin Franklin (Possibly Richard Jackson)

- Everyone better realize that inflation will pay a major role in funding un-fundable fantasies, wiping the savers and the middle class out. The problem is, that other countries are growing tired of making our Federal Reserve notes worth something by buying our debt as treasuries. Obama's minions talk about spending, but in order to "get what YOU want" you will sell debt to potential economic and military adversaries? Real bright. What's really sad is that despite David Walker being an authority on these issues, people refuse to even watch him and listen to what he is saying.
- On the success of Canada and its form of Socialism: A huge country like Canada with massive amounts of uranium and tar sands and natural resources and a huge land mass with a scant 30 million people is an order of magnitude less of a problem to manage than a country with 10x its population, a serious leaky southern border, backfiring aggressive foreign policy, particularly with Iran, and the US is competing with countries like India and China whose middle classes are larger than the US's entire population. The top 5 students in every Indian and Chinese primary school out numbers all the kids in primary school in the US. Canada is a idyllic island, the USA is front and center in an all out economic and political clash of ideologies.
- Cap and trade (and pollution control for solving global problems) will never work unless the top 10 countries in the world (in terms of both GDP and manufacturing capacity and population) are on board. Period end. If the world doesn't quickly move to nuclear now and fusion shortly, it is OVER possibly not if every home on the planet gets a wind vane, but that seems unlikely to happen (since its possible now).
- Keynes calls it "the paradox of thrift" and suggested that policies forcing people not to save is a "good idea." The guy wanted people spending all the time, or if he didn't, he never conveyed that to his protégés well enough for them to not do what they are doing. Right now the plebeians in the US are actually stashing cash, and everyone from Obama to the media is trying to get people to spend spend spend. The best thing for the long term is for people to prepare for the coming hell, not set out with no reserves.
- I have seen Keynes invoked to justify nearly every bad move in the past decade, and its warming up to be a potential currency collapse, the collapse of the US Treasury and Federal Reserve notes, and a collapse of the NYSE. And then they invoke Keynes to suggest the best way out of the mess is to spend out of an already near-critically debt massed black hole.
- A house is run like a town is run like a country or business is run like a state is run like a government. If there are things the government is doing that would either force your home into bankruptcy or into jail via fraud charges, then the government and banks shouldn't be operating in that fashion. A certain degree of stretchy liquidity is in order, but in terms of percent of GDP, there is no way of justifying what they US has now.
- Iceland failed at 850 percent debt to GDP. The US is at 350 and rising. It is not a good thing at all.
- What is happening to the dollar as a forex standard. [youtube.com]
- March 19, 2009 C-SPAN - "Let's Quit Destroying Our Dollar!" [youtube.com]
- HR 1207 (A bill to make the Fed more accountable and to answer questions regarding the dollar policy) [loc.gov]

Title: Obama sidetracked by fiscal mess, but presses on [yahoo.com]
"Being heard above the din may prove difficult. Lawmakers are wrangling over taxing people who got big bonuses and worrying the president's budget could generate $9.3 trillion in red ink over the next decade."
- Kremlin to pitch new global currency [infowars.com]
Russia proposes creation of global super-reserve currency

Holy crap, even the Russians and Chinese get it. Strange days are here.

Re:Obama Policies Will Bankrupt USA Tsarkon Report (1)

KingMotley (944240) | more than 5 years ago | (#27324967)

And how does hiring ELIZA make you feel?

Can you expand on that?

Are you sure?

Re:Obama Policies Will Bankrupt USA Tsarkon Report (-1, Troll)

Anonymous Coward | more than 5 years ago | (#27324941)

Obama Policies Will Bankrupt USA Tsarkon Reports

- This just in, March 23 2009 Chinas central bank on Monday proposed replacing the US dollar as the international reserve currency with a new global system controlled by the International Monetary Fund [ft.com]

- Russia too: It is necessary to work out and adopt internationally recognized standards for macroeconomic and budget policy, which are binding for the leading world economies, including the countries issuing reserve currencies - the Kremlin proposals read. [en.rian.ru]

- President Barak "The Teleprompter" Obama is deeply connected to corruption, Rahm Emanuel (Radical authoritarian Statist whose father was part of the Murderous Civilian Killing Israeli Terrorist Organization known as IRGUN), Connected to Rod Blagojevich (Rahm inherited Rod's federal-congress seat), Connected to Ayers, a man who promotes the concept that civilian collateral damage is ok in a war against freedom, Preacher Jeremiah Wright, who is himself a black-elitist who wants all the people who largely "pay the freight" to suffer, 31 million on food stamps, more blacks are in prison and on food-stamps per capita than anyone else. The problem with Wright is simply this: the facts are "racist."
- Obama: Racist, AIPAC-bootlicker, Corrupted to the bone Chicago style and a Traitor to the US Constitution and a Liar whose real "legal" name could very well be Barry Sotero and an Indonesian citizen (The US does not allow plural citizenship) (If you care, not that it matters anymore under a Lawless Authoritarian Totalitarian Regime, you can see more here at an aggregator; obamacrimes.info [obamacrimes.info] )
  - Raytheon lobbyist in Pentagon, lots lobbyists getting exemptions even though he promised not to have them.
- Goldman Sachs insider second in command at Treasury. Bumbling tax cheat idiot in "command" of Treasury with 17 positions unfilled as of late March 2009.
- Cabinet has had several nominees and appointees with multiple tax fraud issues.
- Lied about having a new degree of accountability and a SUNSHINE period of new laws, he has signed bills with little or no review at whitehouse.gov as promised.
- Appointed a second amendment violating Rich-pardoning treasonist Eric Holder as AG, the top cop of the USA, a man who helped a fugitive evade justice.
- Has not put a dime in for a single new nuclear power plant but wants to help bridges and roads to promote more driving.
- Obama, Blagojevich and Rahm Emanuel have a LOT to hide. They literally lived next to each other, Rahm had (until being Chairman Obama's Chief of staff) Blagojevich's old federal congressional seat. Blagojevich helped Chairman "The Teleprompter" Obama cheat his way to the Illinois senate by getting other candidates thrown off the ballot in Illinois. Why do you think Blagojevich was so mad? Obama DID owe him, big time. Rahm and Obama are using Blagojevich and trying to cut his head off to keep him away.
- Tony Rezko, Iraqi Arms Dealer Nahdmi Auchi, and of course Aiham Alsammarae. Chairman "The Teleprompter" Hussein Obama is so corrupted its a joke.
- Fools and "useful idiots" twist the pie charts by leaving welfare, workfare, interest on debt, social security, Medicare and Medicaid out and focusing only on non-whole "discretionary" pie charts.
2007 high level pie chart, Federal Budget, USA [wikimedia.org]
2009 Pie chart, detailed, Federal Budget, USA [wikimedia.org]
- Chairman Obama is drastically increasing spending and creating more entitlements that will make the US less competitive (especially against China, India, East Europe/Russia). This will be a huge disaster and change you can believe in will strap you and your grandkids with more debt. No taxation without representation? Obama is spending money for the next two-three generations and they can't even vote yet, or even have been born.
- An alternative to the dollar and a forex and a reserve currency came up at the last G20 meeting. The world will not take faith in Obama's liar-socialist spending and welfare state, why should the taxpayers (plebian citizen-slaves of a police state).
- The spending going on now vastly eclipses all previous spending. In fact, the massive trillion plus debts is a thing of the 80's onwards. Congress signs the checks, remember that Year after year, as egregious as the pentagon spending is, that the social spending is completely a waste of money and it is unfunded over the long term. Eisenhower built the interstates, the US could build a new power infrastructure with this money but instead is being pissed into creating more of an entitlement system that is STILL unfunded, and without massive poll-taxes and far more aggressive progressive taxes, could NEVER be funded.
- The budgeting being done today were recently reported by a non-partisan auditing commission will lead to about 10 TRILLION in new debt over the next 10 years. Obama is going to double the national debt while doing nothing to address the unfunded debt obligations of Social Security.
- Clinton appointed David Walker of the GAO, he quit, the unfunded debt obligations have rendered the USA insolvent according to accounting standards.
Taxpayers on the hook for $59 trillion [usatoday.com]
US Public Debt Unfunded Debt Obligations [wikipedia.org]
- Most of the world population gets NOTHING from their governments, or a very bare minimum or services that benefit only the upper echelons of society. However, the liar Chairman Obama says we need his universal "state-hospital" rationed health care to be competitive. Bull. China and India give nothing, and they are the biggest threat to the American worker. By forcing healthcare and higher taxes, Americans will be less competitive.
- If you think 60% tax rates end to end (income, accounts receivable tax, building permit tax, CDL tax, cigarette tax, corporate income tax, dog license tax, federal income tax, unemployment tax, gasoline tax, hunting license tax, fishing license tax, waterfowl stamp tax, inheritance tax, inventory tax, liquor tax, luxury tax, Medicare tax, city, school and county property tax (up 33 percent last 4 years), real estate tax, social security tax, road usage tax, toll road tax, state and city sales tax, recreational vehicle tax, excise tax, state franchise tax, state unemployment tax, telephone federal excise tax, telephone federal state and local surcharge tax, telephone minimum usage surcharge tax, telephone state and local tax, utility tax, vehicle license registration tax, capital gains tax, lease severance tax, oil and gas assessment tax, misc internet sales tax and many more taxes that I can't recall at the moment) will make the US competitive, along with compulsory programs to provide everyone with health care is going to make the US competitive in the age of India and China, you are a joke.
- As the US nationalizes (read: rations healthcare) to the least common denominator of affordability without regard to efficacy, people with money will simply look into medical tourism so those with money can go to medical parks in India and get real health care. Those who have lived in Canada or in the UK can tell you "free" healthcare is NOT a panacea. If you think this, you are again, a useful idiot. The NHS in the UK has given bad blood and Hepatitis and AIDS blood to people, and Jade Goody who just died was misdiagnosed twice resulting in her death (She was all cleared twice of cervical cancer which she just died of). The NHS in the UK is not able to be sued or held accountable. Neither will Chairman Obama's rationed health care service for America.
- Sorry to bust the socialist bubble-lie, but support of these types of policies will simply lower the standard of living in the USA, particularly for the middle class. At least at the end of the Eisenhower projects the USA got roads to show for the spending, and with this new spending, the USA could have built power plants that get the USA out of the middle east, but the age of government for the sake of government is upon us, and the useful idiots line up and believe empty promises.
The pentagon (and Bechtel, Kroll, Bluewater, Halliburton, etc) could get less than half of what they get today, but that will fix nothing fundamental in terms of government spending. It is simply not enough to make a difference when compared to the Medicare, Medicaid, welfare, workfare and social security entitlements.
See: YouTube - US Government Immorality Will Lead to Bankruptcy [youtube.com]
- If Obama thinks its ok to lie to 300 million people about being able to "take care of them" without even being honest about what that care would look like, then being an idiot and believing in Obama is for you.
- The head of the IRS and the head of the Treasury, Geithner, is a Tax Cheat
- Lied about no lobbyists - their numbers are growing.
- The US Government already have over 50% of the budget on Medicare, Medicaid, welfare, workfare and social security. Socialists: Good job on that one, its working great. Solution to the current near-collapse-due-to-over-spending: add more unfunded entitlements!
- You Socialist-liars can break my spirit and my financial back to force me to "need" a federal government that is turning this country into a police state and turn it into a quasi-socialist lie, but I will, I must put up a fight. I have kids to educate and feed, and the stuff you sell (which is failing to various degrees everywhere else as implemented) is simply forcing a culture of failure on a once great, libertarian free country.
- I will not be complacent with your "change," and there will be a point where civil war will become an option. See how hard you can push before you get it. How much more than half can the truly productive workers in this country afford to pay. Keep pushing to find out how to start a civil war.
- The socialist-lie of a plan will not work, its not fundable, it WILL destroy the currency to fund it, and its really as simple as this: if this insanity is funded by borrowing from the US's economic and military adversaries then Obama and his socialist cabal is NOT fit to administrate society. Rome fell. Kings who mis-manged their treasuries all fell. Every example of unhinged spending leads to the same result: systemic collapse.
- Obama and his sycophantic lunatics would want to have a civil war to get Chairman Obama's way and force the socialist-lie system on my already tax paying law abiding ass. And as far as "no new taxes" for those under 250k, its a lie, the tax is called inflation, which is set to begin just about now that the Chinese wont want the USA's worthless treasuries to fund the socialist-lie fantasy (one that COMMUNIST China doesn't even try and sell to its people!)
- Chairman Obama's numbers don't add up. There is a $59 trillion dollar hole (UFDO) in social security alone. AIG $150 billion here, TARP $350 billion there. $800 billion for a highly dubious stimulus package. Another one on the way. $59 trillion hole in the balance sheet IGNORED. China saying they aren't going to buy treasuries, Clinton clamoring to find buyers now. $3.6 trillion dollar budget, potential military action on Mexico, Iran still a "terrorist state" at the behest of the AIPAC, spending up, dollar about to fall, inflation over time since Breton Woods extremely easy to document, yet, the socialist-liars question when the numbers (the Federal Government numbers) simply don't add up to the point where if the US-GOV was a company it would be insolvent.
  -How dare the taxpayers question what Chairman Obama's drastic spending increases are going to do to the purchasing power of our savings because Chairman Obama wants to recklessly spend and try to maintain and American empire AND guarantee a standard of living, and Chairman Obama doesn't even want to build a single nuclear power plant to do it? Chairman Obama must be a complete and total lunatic moron.
- Obama is either a negligent idiot or an unhinged maniac with delusional fantasies. Meanwhile, Chainman Obama's tax dodging Treasury Secretary has 17 unfilled positions, the Treasury Dept. isn't even functioning at this point.
- "General welfare" in the constitution was, according to the man who wrote it, Madison, meant to be extremely limited in scope. The federal government per the constitution doesn't even have the enumerated POWER to deal with economic messes. A lot of these "POWERS" were created while there is a crisis to dupe the public into accepting an un-constitutional authoritarian regime as the government and to usurp authority over the people.
- The USA is a constitutional republic. A democracy is two wolves and a sheep voting to eat a sheep. Also a constitutional republic isn't about using a barely-majority or a plurality to stuff your (un-fundable disastrous) crap down the disenfranchised other-half's throat.
- With Obama's authoritarian corrupted criminal (aiding and abetting a criminal in flight of prosecution, Rich case) Eric Holder in charge, we won't have our inalienable and enumerated rights to firearms much longer. For a constitutional law expert, Obama must have never read the federalist papers or he would simply hand himself as a traitor.
- The arbitrary expansion of "general welfare" is not only unconstitutional, it may very well lead to a serious conflict on the issue.
- Here is a debate on general welfare and how stuff like this came to pass, but was clearly no intended by the authors of the document of root law.
In Federalist No. 41, James Madison asked rhetorically: "For what purpose could the enumeration of particular powers be inserted, if these and all others were meant to be included in the preceding general power?" (In reference to the general welfare clause)
So strongly did the founders believe that "general welfare" wouldn't be expanded as written:
In Federalist No. 84, Alexander Hamilton indirectly confirmed Madison's point. (That the "general welfare" clause was "clearly" nota free pass for government)
Hamilton argued that a bill of rights, which many were clamoring for, would be not only unnecessary, but dangerous. Since the federal government was given only a few specific powers, there was no need to add prohibitions: it was implicitly prohibited by the listed powers. If a proposed law a relief act, for instance wasn't covered by any of these powers, it was unconstitutional.
"why declare that things shall not be done which there is no power to do? Why, for instance, should it be said, that the liberty of the press shall not be restrained when no power is given by which restrictions may be imposed?"
Hamilton goes on to argue that making Amendments (e.g., enumerating Free speech, press and assembly) and enumerating the 'right' would have the following effect:
(A bill of rights) "would furnish, to men disposed to usurp, a plausible pretence for claiming that power that is, a power to regulate the press, short of actually shutting it down. "
"With respect to the words 'general welfare,' I have always regarded them as qualified by the detail of powers (enumerated in the Constitution) connected with them. To take them in a literal and unlimited sense would be a metamorphosis of the Constitution into a character which there is a host of proofs was not contemplated by its creators." --James Madison [The US Supreme Court has found the meaning of "general welfare" in the Constitution to be much more elastic than did Mr. Madison. But as the "author of the Constitution," what does he know?]
James Madison, when asked if the "general welfare" clause was a grant of power, replied in 1792, in a letter to Henry Lee,

If not only the means but the objects are unlimited, the parchment [the Constitution] should be thrown into the fire at once.

"...We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed. That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it...it is their right, it is their duty, to throw off such Government , and to provide new Guards for their future security. ...--The Declaration of Independence
- Wrong, monetizing failures causes more. Japan showed us this for decades. But hey, Chairman Obama thinks you can fix a problem DECADES in the making with a quick fixer-upper, he is screwed in the head.
- The complaints are with the Federal government (in general) since Breton Woods. The Federal Government and Obama's minions STILL didn't listen to David Walker, a Clinton appointee and former head of the GAO. This isn't about political parties anymore morons!
- Show me a single federal budget that was less than the previous. If this $3.6T budget goes, its never coming back barring systemic collapse.
- The United States Federal Government, The United States Federal Reserve, and the banks which were enabled to continue down reckless paths by a quasi government agency known as the Federal Reserve whose actions are not subject to congress and whose members are unelected. This situation is untenable and unconstitutional.
- Every inflationary road taken in history ends in collapse. Keynesian policies are widely regarded as no longer workable.
- Inflation is a tax: What ignorant tax and spenders don't take into account here is the relative percentages of people's wealth (both net and gross) and the costs of owning and maintaining houses, cars, standards of living.
- Inflation via deficit spending is going to make it such that you will be paying a lot more by percentage of your income to maintain a given standard of living. Obama's arguments are so poorly thought out and seek to blame "Republicans" for the mess, its really simply laughable - the needs cleanup now, not worsening.
- You can't spend your way out of a hole if the creditors (e.g. China) start telling the USA they won't buy. It is that simple. Now America starts to have to collateralize the debt with assets. The USA will be selling off chunks of American assets to back the new debt. One day, it may even be necessary to sell Alaska back to Russia because no one will take greenbacks to prop up a failing version of a modern Rome.
- Ah, here we go with the Matthew Lesko arguments. [lesko.com]
Interest rates were on the rise before the government stepped in with free money for everyone (the fine print of course indicate massive strings attached).
Other economies, for example, India, have the central rates set to far more reasonable/realistic rates (at the moment ~ 8+%), which is still tends to be too low, but shows that if you need someone else capital you need to pay a premium for it, and given that capital is in short supply, it would stand to reason that a premium must be charged for it.
The problem is the unrealistic growth rates of mature economies don't allow for profiting via growth projections (rather than simply earning money). So the government steps in, turns on the free money spigot, gets the interest rates for savings down in the 1-2% range while diluting the value of the whole currency in order to prop up dying companies that ran the business like a Madhoff Ponzi scheme.
- The Republicans aren't solely responsible for the crisis as Obama's minions would have you believe, congress is (no particular congress), the Executive of the US government (no particular one) and the US Federal Reserve System are all at fault.
- Fundamentally, the government is trying to fix the prices of various things to "make it all work." This pulling on the invisible hand is a fools venture. It was predicted long ago the housing collapse (and those, such as myself, in the know, wished while realizing the housing collapse coming that we were wrong for everyone's sake - but the truth is the truth) . It may be that the Austrian (von Mises) economists will ultimately be proven right.
- We are a nation of partially educated whiney grabby idiots, and we got the government that represents this. The Chinese, India and other up and coming nations will show no mercy for this arrogant abuse of our status as the world's forex reserves.
- War and asset sales will continue to be the only option for this scheme until it is corrected at the core. And to say that the government has already averted a depression by doing what they did (most of the monies injected wont be "felt" for some time), is just arrogance and stupidity. Price fixing prolonged the Great Depression. Price-fixing (or attempting to) houses will do the same, but probably worse.
- Obama's minions simply don't care if the US is bankrupted and rendered insolvent, they just want a say in how its done, presumably to "feel safe." Rather selfish.

"They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety." AND "Those who would give up Essential Liberty to purchase a little Temporary Safety, deserve neither Liberty nor Safety." -- Benjamin Franklin (Possibly Richard Jackson)

- Everyone better realize that inflation will pay a major role in funding un-fundable fantasies, wiping the savers and the middle class out. The problem is, that other countries are growing tired of making our Federal Reserve notes worth something by buying our debt as treasuries. Obama's minions talk about spending, but in order to "get what YOU want" you will sell debt to potential economic and military adversaries? Real bright. What's really sad is that despite David Walker being an authority on these issues, people refuse to even watch him and listen to what he is saying.
- On the success of Canada and its form of Socialism: A huge country like Canada with massive amounts of uranium and tar sands and natural resources and a huge land mass with a scant 30 million people is an order of magnitude less of a problem to manage than a country with 10x its population, a serious leaky southern border, backfiring aggressive foreign policy, particularly with Iran, and the US is competing with countries like India and China whose middle classes are larger than the US's entire population. The top 5 students in every Indian and Chinese primary school out numbers all the kids in primary school in the US. Canada is a idyllic island, the USA is front and center in an all out economic and political clash of ideologies.
- Cap and trade (and pollution control for solving global problems) will never work unless the top 10 countries in the world (in terms of both GDP and manufacturing capacity and population) are on board. Period end. If the world doesn't quickly move to nuclear now and fusion shortly, it is OVER possibly not if every home on the planet gets a wind vane, but that seems unlikely to happen (since its possible now).
- Keynes calls it "the paradox of thrift" and suggested that policies forcing people not to save is a "good idea." The guy wanted people spending all the time, or if he didn't, he never conveyed that to his protégés well enough for them to not do what they are doing. Right now the plebeians in the US are actually stashing cash, and everyone from Obama to the media is trying to get people to spend spend spend. The best thing for the long term is for people to prepare for the coming hell, not set out with no reserves.
- I have seen Keynes invoked to justify nearly every bad move in the past decade, and its warming up to be a potential currency collapse, the collapse of the US Treasury and Federal Reserve notes, and a collapse of the NYSE. And then they invoke Keynes to suggest the best way out of the mess is to spend out of an already near-critically debt massed black hole.
- A house is run like a town is run like a country or business is run like a state is run like a government. If there are things the government is doing that would either force your home into bankruptcy or into jail via fraud charges, then the government and banks shouldn't be operating in that fashion. A certain degree of stretchy liquidity is in order, but in terms of percent of GDP, there is no way of justifying what they US has now.
- Iceland failed at 850 percent debt to GDP. The US is at 350 and rising. It is not a good thing at all.
- What is happening to the dollar as a forex standard. [youtube.com]
- March 19, 2009 C-SPAN - "Let's Quit Destroying Our Dollar!" [youtube.com]
- HR 1207 (A bill to make the Fed more accountable and to answer questions regarding the dollar policy) [loc.gov]

Title: Obama sidetracked by fiscal mess, but presses on [yahoo.com]
"Being heard above the din may prove difficult. Lawmakers are wrangling over taxing people who got big bonuses and worrying the president's budget could generate $9.3 trillion in red ink over the next decade."
- Kremlin to pitch new global currency [infowars.com]
Russia proposes creation of global super-reserve currency

Holy crap, even the Russians and Chinese get it. Strange days are here.

Re:Obama Policies Will Bankrupt USA Tsarkon Report (-1, Troll)

Anonymous Coward | more than 5 years ago | (#27324935)

Obama Policies Will Bankrupt USA Tsarkon Reports

- This just in, March 23 2009 Chinas central bank on Monday proposed replacing the US dollar as the international reserve currency with a new global system controlled by the International Monetary Fund [ft.com]

- Russia too: It is necessary to work out and adopt internationally recognized standards for macroeconomic and budget policy, which are binding for the leading world economies, including the countries issuing reserve currencies - the Kremlin proposals read. [en.rian.ru]

- President Barak "The Teleprompter" Obama is deeply connected to corruption, Rahm Emanuel (Radical authoritarian Statist whose father was part of the Murderous Civilian Killing Israeli Terrorist Organization known as IRGUN), Connected to Rod Blagojevich (Rahm inherited Rod's federal-congress seat), Connected to Ayers, a man who promotes the concept that civilian collateral damage is ok in a war against freedom, Preacher Jeremiah Wright, who is himself a black-elitist who wants all the people who largely "pay the freight" to suffer, 31 million on food stamps, more blacks are in prison and on food-stamps per capita than anyone else. The problem with Wright is simply this: the facts are "racist."
- Obama: Racist, AIPAC-bootlicker, Corrupted to the bone Chicago style and a Traitor to the US Constitution and a Liar whose real "legal" name could very well be Barry Sotero and an Indonesian citizen (The US does not allow plural citizenship) (If you care, not that it matters anymore under a Lawless Authoritarian Totalitarian Regime, you can see more here at an aggregator; obamacrimes.info [obamacrimes.info] )
  - Raytheon lobbyist in Pentagon, lots lobbyists getting exemptions even though he promised not to have them.
- Goldman Sachs insider second in command at Treasury. Bumbling tax cheat idiot in "command" of Treasury with 17 positions unfilled as of late March 2009.
- Cabinet has had several nominees and appointees with multiple tax fraud issues.
- Lied about having a new degree of accountability and a SUNSHINE period of new laws, he has signed bills with little or no review at whitehouse.gov as promised.
- Appointed a second amendment violating Rich-pardoning treasonist Eric Holder as AG, the top cop of the USA, a man who helped a fugitive evade justice.
- Has not put a dime in for a single new nuclear power plant but wants to help bridges and roads to promote more driving.
- Obama, Blagojevich and Rahm Emanuel have a LOT to hide. They literally lived next to each other, Rahm had (until being Chairman Obama's Chief of staff) Blagojevich's old federal congressional seat. Blagojevich helped Chairman "The Teleprompter" Obama cheat his way to the Illinois senate by getting other candidates thrown off the ballot in Illinois. Why do you think Blagojevich was so mad? Obama DID owe him, big time. Rahm and Obama are using Blagojevich and trying to cut his head off to keep him away.
- Tony Rezko, Iraqi Arms Dealer Nahdmi Auchi, and of course Aiham Alsammarae. Chairman "The Teleprompter" Hussein Obama is so corrupted its a joke.
- Fools and "useful idiots" twist the pie charts by leaving welfare, workfare, interest on debt, social security, Medicare and Medicaid out and focusing only on non-whole "discretionary" pie charts.
2007 high level pie chart, Federal Budget, USA [wikimedia.org]
2009 Pie chart, detailed, Federal Budget, USA [wikimedia.org]
- Chairman Obama is drastically increasing spending and creating more entitlements that will make the US less competitive (especially against China, India, East Europe/Russia). This will be a huge disaster and change you can believe in will strap you and your grandkids with more debt. No taxation without representation? Obama is spending money for the next two-three generations and they can't even vote yet, or even have been born.
- An alternative to the dollar and a forex and a reserve currency came up at the last G20 meeting. The world will not take faith in Obama's liar-socialist spending and welfare state, why should the taxpayers (plebian citizen-slaves of a police state).
- The spending going on now vastly eclipses all previous spending. In fact, the massive trillion plus debts is a thing of the 80's onwards. Congress signs the checks, remember that Year after year, as egregious as the pentagon spending is, that the social spending is completely a waste of money and it is unfunded over the long term. Eisenhower built the interstates, the US could build a new power infrastructure with this money but instead is being pissed into creating more of an entitlement system that is STILL unfunded, and without massive poll-taxes and far more aggressive progressive taxes, could NEVER be funded.
- The budgeting being done today were recently reported by a non-partisan auditing commission will lead to about 10 TRILLION in new debt over the next 10 years. Obama is going to double the national debt while doing nothing to address the unfunded debt obligations of Social Security.
- Clinton appointed David Walker of the GAO, he quit, the unfunded debt obligations have rendered the USA insolvent according to accounting standards.
Taxpayers on the hook for $59 trillion [usatoday.com]
US Public Debt Unfunded Debt Obligations [wikipedia.org]
- Most of the world population gets NOTHING from their governments, or a very bare minimum or services that benefit only the upper echelons of society. However, the liar Chairman Obama says we need his universal "state-hospital" rationed health care to be competitive. Bull. China and India give nothing, and they are the biggest threat to the American worker. By forcing healthcare and higher taxes, Americans will be less competitive.
- If you think 60% tax rates end to end (income, accounts receivable tax, building permit tax, CDL tax, cigarette tax, corporate income tax, dog license tax, federal income tax, unemployment tax, gasoline tax, hunting license tax, fishing license tax, waterfowl stamp tax, inheritance tax, inventory tax, liquor tax, luxury tax, Medicare tax, city, school and county property tax (up 33 percent last 4 years), real estate tax, social security tax, road usage tax, toll road tax, state and city sales tax, recreational vehicle tax, excise tax, state franchise tax, state unemployment tax, telephone federal excise tax, telephone federal state and local surcharge tax, telephone minimum usage surcharge tax, telephone state and local tax, utility tax, vehicle license registration tax, capital gains tax, lease severance tax, oil and gas assessment tax, misc internet sales tax and many more taxes that I can't recall at the moment) will make the US competitive, along with compulsory programs to provide everyone with health care is going to make the US competitive in the age of India and China, you are a joke.
- As the US nationalizes (read: rations healthcare) to the least common denominator of affordability without regard to efficacy, people with money will simply look into medical tourism so those with money can go to medical parks in India and get real health care. Those who have lived in Canada or in the UK can tell you "free" healthcare is NOT a panacea. If you think this, you are again, a useful idiot. The NHS in the UK has given bad blood and Hepatitis and AIDS blood to people, and Jade Goody who just died was misdiagnosed twice resulting in her death (She was all cleared twice of cervical cancer which she just died of). The NHS in the UK is not able to be sued or held accountable. Neither will Chairman Obama's rationed health care service for America.
- Sorry to bust the socialist bubble-lie, but support of these types of policies will simply lower the standard of living in the USA, particularly for the middle class. At least at the end of the Eisenhower projects the USA got roads to show for the spending, and with this new spending, the USA could have built power plants that get the USA out of the middle east, but the age of government for the sake of government is upon us, and the useful idiots line up and believe empty promises.
The pentagon (and Bechtel, Kroll, Bluewater, Halliburton, etc) could get less than half of what they get today, but that will fix nothing fundamental in terms of government spending. It is simply not enough to make a difference when compared to the Medicare, Medicaid, welfare, workfare and social security entitlements.
See: YouTube - US Government Immorality Will Lead to Bankruptcy [youtube.com]
- If Obama thinks its ok to lie to 300 million people about being able to "take care of them" without even being honest about what that care would look like, then being an idiot and believing in Obama is for you.
- The head of the IRS and the head of the Treasury, Geithner, is a Tax Cheat
- Lied about no lobbyists - their numbers are growing.
- The US Government already have over 50% of the budget on Medicare, Medicaid, welfare, workfare and social security. Socialists: Good job on that one, its working great. Solution to the current near-collapse-due-to-over-spending: add more unfunded entitlements!
- You Socialist-liars can break my spirit and my financial back to force me to "need" a federal government that is turning this country into a police state and turn it into a quasi-socialist lie, but I will, I must put up a fight. I have kids to educate and feed, and the stuff you sell (which is failing to various degrees everywhere else as implemented) is simply forcing a culture of failure on a once great, libertarian free country.
- I will not be complacent with your "change," and there will be a point where civil war will become an option. See how hard you can push before you get it. How much more than half can the truly productive workers in this country afford to pay. Keep pushing to find out how to start a civil war.
- The socialist-lie of a plan will not work, its not fundable, it WILL destroy the currency to fund it, and its really as simple as this: if this insanity is funded by borrowing from the US's economic and military adversaries then Obama and his socialist cabal is NOT fit to administrate society. Rome fell. Kings who mis-manged their treasuries all fell. Every example of unhinged spending leads to the same result: systemic collapse.
- Obama and his sycophantic lunatics would want to have a civil war to get Chairman Obama's way and force the socialist-lie system on my already tax paying law abiding ass. And as far as "no new taxes" for those under 250k, its a lie, the tax is called inflation, which is set to begin just about now that the Chinese wont want the USA's worthless treasuries to fund the socialist-lie fantasy (one that COMMUNIST China doesn't even try and sell to its people!)
- Chairman Obama's numbers don't add up. There is a $59 trillion dollar hole (UFDO) in social security alone. AIG $150 billion here, TARP $350 billion there. $800 billion for a highly dubious stimulus package. Another one on the way. $59 trillion hole in the balance sheet IGNORED. China saying they aren't going to buy treasuries, Clinton clamoring to find buyers now. $3.6 trillion dollar budget, potential military action on Mexico, Iran still a "terrorist state" at the behest of the AIPAC, spending up, dollar about to fall, inflation over time since Breton Woods extremely easy to document, yet, the socialist-liars question when the numbers (the Federal Government numbers) simply don't add up to the point where if the US-GOV was a company it would be insolvent.
  -How dare the taxpayers question what Chairman Obama's drastic spending increases are going to do to the purchasing power of our savings because Chairman Obama wants to recklessly spend and try to maintain and American empire AND guarantee a standard of living, and Chairman Obama doesn't even want to build a single nuclear power plant to do it? Chairman Obama must be a complete and total lunatic moron.
- Obama is either a negligent idiot or an unhinged maniac with delusional fantasies. Meanwhile, Chainman Obama's tax dodging Treasury Secretary has 17 unfilled positions, the Treasury Dept. isn't even functioning at this point.
- "General welfare" in the constitution was, according to the man who wrote it, Madison, meant to be extremely limited in scope. The federal government per the constitution doesn't even have the enumerated POWER to deal with economic messes. A lot of these "POWERS" were created while there is a crisis to dupe the public into accepting an un-constitutional authoritarian regime as the government and to usurp authority over the people.
- The USA is a constitutional republic. A democracy is two wolves and a sheep voting to eat a sheep. Also a constitutional republic isn't about using a barely-majority or a plurality to stuff your (un-fundable disastrous) crap down the disenfranchised other-half's throat.
- With Obama's authoritarian corrupted criminal (aiding and abetting a criminal in flight of prosecution, Rich case) Eric Holder in charge, we won't have our inalienable and enumerated rights to firearms much longer. For a constitutional law expert, Obama must have never read the federalist papers or he would simply hand himself as a traitor.
- The arbitrary expansion of "general welfare" is not only unconstitutional, it may very well lead to a serious conflict on the issue.
- Here is a debate on general welfare and how stuff like this came to pass, but was clearly no intended by the authors of the document of root law.
In Federalist No. 41, James Madison asked rhetorically: "For what purpose could the enumeration of particular powers be inserted, if these and all others were meant to be included in the preceding general power?" (In reference to the general welfare clause)
So strongly did the founders believe that "general welfare" wouldn't be expanded as written:
In Federalist No. 84, Alexander Hamilton indirectly confirmed Madison's point. (That the "general welfare" clause was "clearly" nota free pass for government)
Hamilton argued that a bill of rights, which many were clamoring for, would be not only unnecessary, but dangerous. Since the federal government was given only a few specific powers, there was no need to add prohibitions: it was implicitly prohibited by the listed powers. If a proposed law a relief act, for instance wasn't covered by any of these powers, it was unconstitutional.
"why declare that things shall not be done which there is no power to do? Why, for instance, should it be said, that the liberty of the press shall not be restrained when no power is given by which restrictions may be imposed?"
Hamilton goes on to argue that making Amendments (e.g., enumerating Free speech, press and assembly) and enumerating the 'right' would have the following effect:
(A bill of rights) "would furnish, to men disposed to usurp, a plausible pretence for claiming that power that is, a power to regulate the press, short of actually shutting it down. "
"With respect to the words 'general welfare,' I have always regarded them as qualified by the detail of powers (enumerated in the Constitution) connected with them. To take them in a literal and unlimited sense would be a metamorphosis of the Constitution into a character which there is a host of proofs was not contemplated by its creators." --James Madison [The US Supreme Court has found the meaning of "general welfare" in the Constitution to be much more elastic than did Mr. Madison. But as the "author of the Constitution," what does he know?]
James Madison, when asked if the "general welfare" clause was a grant of power, replied in 1792, in a letter to Henry Lee,

If not only the means but the objects are unlimited, the parchment [the Constitution] should be thrown into the fire at once.

"...We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed. That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it...it is their right, it is their duty, to throw off such Government , and to provide new Guards for their future security. ...--The Declaration of Independence
- Wrong, monetizing failures causes more. Japan showed us this for decades. But hey, Chairman Obama thinks you can fix a problem DECADES in the making with a quick fixer-upper, he is screwed in the head.
- The complaints are with the Federal government (in general) since Breton Woods. The Federal Government and Obama's minions STILL didn't listen to David Walker, a Clinton appointee and former head of the GAO. This isn't about political parties anymore morons!
- Show me a single federal budget that was less than the previous. If this $3.6T budget goes, its never coming back barring systemic collapse.
- The United States Federal Government, The United States Federal Reserve, and the banks which were enabled to continue down reckless paths by a quasi government agency known as the Federal Reserve whose actions are not subject to congress and whose members are unelected. This situation is untenable and unconstitutional.
- Every inflationary road taken in history ends in collapse. Keynesian policies are widely regarded as no longer workable.
- Inflation is a tax: What ignorant tax and spenders don't take into account here is the relative percentages of people's wealth (both net and gross) and the costs of owning and maintaining houses, cars, standards of living.
- Inflation via deficit spending is going to make it such that you will be paying a lot more by percentage of your income to maintain a given standard of living. Obama's arguments are so poorly thought out and seek to blame "Republicans" for the mess, its really simply laughable - the needs cleanup now, not worsening.
- You can't spend your way out of a hole if the creditors (e.g. China) start telling the USA they won't buy. It is that simple. Now America starts to have to collateralize the debt with assets. The USA will be selling off chunks of American assets to back the new debt. One day, it may even be necessary to sell Alaska back to Russia because no one will take greenbacks to prop up a failing version of a modern Rome.
- Ah, here we go with the Matthew Lesko arguments. [lesko.com]
Interest rates were on the rise before the government stepped in with free money for everyone (the fine print of course indicate massive strings attached).
Other economies, for example, India, have the central rates set to far more reasonable/realistic rates (at the moment ~ 8+%), which is still tends to be too low, but shows that if you need someone else capital you need to pay a premium for it, and given that capital is in short supply, it would stand to reason that a premium must be charged for it.
The problem is the unrealistic growth rates of mature economies don't allow for profiting via growth projections (rather than simply earning money). So the government steps in, turns on the free money spigot, gets the interest rates for savings down in the 1-2% range while diluting the value of the whole currency in order to prop up dying companies that ran the business like a Madhoff Ponzi scheme.
- The Republicans aren't solely responsible for the crisis as Obama's minions would have you believe, congress is (no particular congress), the Executive of the US government (no particular one) and the US Federal Reserve System are all at fault.
- Fundamentally, the government is trying to fix the prices of various things to "make it all work." This pulling on the invisible hand is a fools venture. It was predicted long ago the housing collapse (and those, such as myself, in the know, wished while realizing the housing collapse coming that we were wrong for everyone's sake - but the truth is the truth) . It may be that the Austrian (von Mises) economists will ultimately be proven right.
- We are a nation of partially educated whiney grabby idiots, and we got the government that represents this. The Chinese, India and other up and coming nations will show no mercy for this arrogant abuse of our status as the world's forex reserves.
- War and asset sales will continue to be the only option for this scheme until it is corrected at the core. And to say that the government has already averted a depression by doing what they did (most of the monies injected wont be "felt" for some time), is just arrogance and stupidity. Price fixing prolonged the Great Depression. Price-fixing (or attempting to) houses will do the same, but probably worse.
- Obama's minions simply don't care if the US is bankrupted and rendered insolvent, they just want a say in how its done, presumably to "feel safe." Rather selfish.

"They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety." AND "Those who would give up Essential Liberty to purchase a little Temporary Safety, deserve neither Liberty nor Safety." -- Benjamin Franklin (Possibly Richard Jackson)

- Everyone better realize that inflation will pay a major role in funding un-fundable fantasies, wiping the savers and the middle class out. The problem is, that other countries are growing tired of making our Federal Reserve notes worth something by buying our debt as treasuries. Obama's minions talk about spending, but in order to "get what YOU want" you will sell debt to potential economic and military adversaries? Real bright. What's really sad is that despite David Walker being an authority on these issues, people refuse to even watch him and listen to what he is saying.
- On the success of Canada and its form of Socialism: A huge country like Canada with massive amounts of uranium and tar sands and natural resources and a huge land mass with a scant 30 million people is an order of magnitude less of a problem to manage than a country with 10x its population, a serious leaky southern border, backfiring aggressive foreign policy, particularly with Iran, and the US is competing with countries like India and China whose middle classes are larger than the US's entire population. The top 5 students in every Indian and Chinese primary school out numbers all the kids in primary school in the US. Canada is a idyllic island, the USA is front and center in an all out economic and political clash of ideologies.
- Cap and trade (and pollution control for solving global problems) will never work unless the top 10 countries in the world (in terms of both GDP and manufacturing capacity and population) are on board. Period end. If the world doesn't quickly move to nuclear now and fusion shortly, it is OVER possibly not if every home on the planet gets a wind vane, but that seems unlikely to happen (since its possible now).
- Keynes calls it "the paradox of thrift" and suggested that policies forcing people not to save is a "good idea." The guy wanted people spending all the time, or if he didn't, he never conveyed that to his protégés well enough for them to not do what they are doing. Right now the plebeians in the US are actually stashing cash, and everyone from Obama to the media is trying to get people to spend spend spend. The best thing for the long term is for people to prepare for the coming hell, not set out with no reserves.
- I have seen Keynes invoked to justify nearly every bad move in the past decade, and its warming up to be a potential currency collapse, the collapse of the US Treasury and Federal Reserve notes, and a collapse of the NYSE. And then they invoke Keynes to suggest the best way out of the mess is to spend out of an already near-critically debt massed black hole.
- A house is run like a town is run like a country or business is run like a state is run like a government. If there are things the government is doing that would either force your home into bankruptcy or into jail via fraud charges, then the government and banks shouldn't be operating in that fashion. A certain degree of stretchy liquidity is in order, but in terms of percent of GDP, there is no way of justifying what they US has now.
- Iceland failed at 850 percent debt to GDP. The US is at 350 and rising. It is not a good thing at all.
- What is happening to the dollar as a forex standard. [youtube.com]
- March 19, 2009 C-SPAN - "Let's Quit Destroying Our Dollar!" [youtube.com]
- HR 1207 (A bill to make the Fed more accountable and to answer questions regarding the dollar policy) [loc.gov]

Title: Obama sidetracked by fiscal mess, but presses on [yahoo.com]
"Being heard above the din may prove difficult. Lawmakers are wrangling over taxing people who got big bonuses and worrying the president's budget could generate $9.3 trillion in red ink over the next decade."
- Kremlin to pitch new global currency [infowars.com]
Russia proposes creation of global super-reserve currency

Holy crap, even the Russians and Chinese get it. Strange days are here.

Re:Obama Policies Will Bankrupt USA Tsarkon Report (1)

wampus (1932) | more than 5 years ago | (#27325033)

You are just *SO* cute? Would you like to tell me about DRM and Open Office, too?

Re:Obama Policies Will Bankrupt USA Tsarkon Report (-1, Offtopic)

BlackSabbath (118110) | more than 5 years ago | (#27324091)

Mr.Coward

Umm...I don't really know how to ask this...but...
do you look at all like Mel Gibson?

I just thought that perhaps...you know, maybe...

Re:Obama Policies Will Bankrupt USA Tsarkon Report (-1, Troll)

Anonymous Coward | more than 5 years ago | (#27324889)

Obama Policies Will Bankrupt USA Tsarkon Reports

- This just in, March 23 2009 Chinas central bank on Monday proposed replacing the US dollar as the international reserve currency with a new global system controlled by the International Monetary Fund [ft.com]

- Russia too: It is necessary to work out and adopt internationally recognized standards for macroeconomic and budget policy, which are binding for the leading world economies, including the countries issuing reserve currencies - the Kremlin proposals read. [en.rian.ru]

- President Barak "The Teleprompter" Obama is deeply connected to corruption, Rahm Emanuel (Radical authoritarian Statist whose father was part of the Murderous Civilian Killing Israeli Terrorist Organization known as IRGUN), Connected to Rod Blagojevich (Rahm inherited Rod's federal-congress seat), Connected to Ayers, a man who promotes the concept that civilian collateral damage is ok in a war against freedom, Preacher Jeremiah Wright, who is himself a black-elitist who wants all the people who largely "pay the freight" to suffer, 31 million on food stamps, more blacks are in prison and on food-stamps per capita than anyone else. The problem with Wright is simply this: the facts are "racist."
- Obama: Racist, AIPAC-bootlicker, Corrupted to the bone Chicago style and a Traitor to the US Constitution and a Liar whose real "legal" name could very well be Barry Sotero and an Indonesian citizen (The US does not allow plural citizenship) (If you care, not that it matters anymore under a Lawless Authoritarian Totalitarian Regime, you can see more here at an aggregator; obamacrimes.info [obamacrimes.info] )
  - Raytheon lobbyist in Pentagon, lots lobbyists getting exemptions even though he promised not to have them.
- Goldman Sachs insider second in command at Treasury. Bumbling tax cheat idiot in "command" of Treasury with 17 positions unfilled as of late March 2009.
- Cabinet has had several nominees and appointees with multiple tax fraud issues.
- Lied about having a new degree of accountability and a SUNSHINE period of new laws, he has signed bills with little or no review at whitehouse.gov as promised.
- Appointed a second amendment violating Rich-pardoning treasonist Eric Holder as AG, the top cop of the USA, a man who helped a fugitive evade justice.
- Has not put a dime in for a single new nuclear power plant but wants to help bridges and roads to promote more driving.
- Obama, Blagojevich and Rahm Emanuel have a LOT to hide. They literally lived next to each other, Rahm had (until being Chairman Obama's Chief of staff) Blagojevich's old federal congressional seat. Blagojevich helped Chairman "The Teleprompter" Obama cheat his way to the Illinois senate by getting other candidates thrown off the ballot in Illinois. Why do you think Blagojevich was so mad? Obama DID owe him, big time. Rahm and Obama are using Blagojevich and trying to cut his head off to keep him away.
- Tony Rezko, Iraqi Arms Dealer Nahdmi Auchi, and of course Aiham Alsammarae. Chairman "The Teleprompter" Hussein Obama is so corrupted its a joke.
- Fools and "useful idiots" twist the pie charts by leaving welfare, workfare, interest on debt, social security, Medicare and Medicaid out and focusing only on non-whole "discretionary" pie charts.
2007 high level pie chart, Federal Budget, USA [wikimedia.org]
2009 Pie chart, detailed, Federal Budget, USA [wikimedia.org]
- Chairman Obama is drastically increasing spending and creating more entitlements that will make the US less competitive (especially against China, India, East Europe/Russia). This will be a huge disaster and change you can believe in will strap you and your grandkids with more debt. No taxation without representation? Obama is spending money for the next two-three generations and they can't even vote yet, or even have been born.
- An alternative to the dollar and a forex and a reserve currency came up at the last G20 meeting. The world will not take faith in Obama's liar-socialist spending and welfare state, why should the taxpayers (plebian citizen-slaves of a police state).
- The spending going on now vastly eclipses all previous spending. In fact, the massive trillion plus debts is a thing of the 80's onwards. Congress signs the checks, remember that Year after year, as egregious as the pentagon spending is, that the social spending is completely a waste of money and it is unfunded over the long term. Eisenhower built the interstates, the US could build a new power infrastructure with this money but instead is being pissed into creating more of an entitlement system that is STILL unfunded, and without massive poll-taxes and far more aggressive progressive taxes, could NEVER be funded.
- The budgeting being done today were recently reported by a non-partisan auditing commission will lead to about 10 TRILLION in new debt over the next 10 years. Obama is going to double the national debt while doing nothing to address the unfunded debt obligations of Social Security.
- Clinton appointed David Walker of the GAO, he quit, the unfunded debt obligations have rendered the USA insolvent according to accounting standards.
Taxpayers on the hook for $59 trillion [usatoday.com]
US Public Debt Unfunded Debt Obligations [wikipedia.org]
- Most of the world population gets NOTHING from their governments, or a very bare minimum or services that benefit only the upper echelons of society. However, the liar Chairman Obama says we need his universal "state-hospital" rationed health care to be competitive. Bull. China and India give nothing, and they are the biggest threat to the American worker. By forcing healthcare and higher taxes, Americans will be less competitive.
- If you think 60% tax rates end to end (income, accounts receivable tax, building permit tax, CDL tax, cigarette tax, corporate income tax, dog license tax, federal income tax, unemployment tax, gasoline tax, hunting license tax, fishing license tax, waterfowl stamp tax, inheritance tax, inventory tax, liquor tax, luxury tax, Medicare tax, city, school and county property tax (up 33 percent last 4 years), real estate tax, social security tax, road usage tax, toll road tax, state and city sales tax, recreational vehicle tax, excise tax, state franchise tax, state unemployment tax, telephone federal excise tax, telephone federal state and local surcharge tax, telephone minimum usage surcharge tax, telephone state and local tax, utility tax, vehicle license registration tax, capital gains tax, lease severance tax, oil and gas assessment tax, misc internet sales tax and many more taxes that I can't recall at the moment) will make the US competitive, along with compulsory programs to provide everyone with health care is going to make the US competitive in the age of India and China, you are a joke.
- As the US nationalizes (read: rations healthcare) to the least common denominator of affordability without regard to efficacy, people with money will simply look into medical tourism so those with money can go to medical parks in India and get real health care. Those who have lived in Canada or in the UK can tell you "free" healthcare is NOT a panacea. If you think this, you are again, a useful idiot. The NHS in the UK has given bad blood and Hepatitis and AIDS blood to people, and Jade Goody who just died was misdiagnosed twice resulting in her death (She was all cleared twice of cervical cancer which she just died of). The NHS in the UK is not able to be sued or held accountable. Neither will Chairman Obama's rationed health care service for America.
- Sorry to bust the socialist bubble-lie, but support of these types of policies will simply lower the standard of living in the USA, particularly for the middle class. At least at the end of the Eisenhower projects the USA got roads to show for the spending, and with this new spending, the USA could have built power plants that get the USA out of the middle east, but the age of government for the sake of government is upon us, and the useful idiots line up and believe empty promises.
The pentagon (and Bechtel, Kroll, Bluewater, Halliburton, etc) could get less than half of what they get today, but that will fix nothing fundamental in terms of government spending. It is simply not enough to make a difference when compared to the Medicare, Medicaid, welfare, workfare and social security entitlements.
See: YouTube - US Government Immorality Will Lead to Bankruptcy [youtube.com]
- If Obama thinks its ok to lie to 300 million people about being able to "take care of them" without even being honest about what that care would look like, then being an idiot and believing in Obama is for you.
- The head of the IRS and the head of the Treasury, Geithner, is a Tax Cheat
- Lied about no lobbyists - their numbers are growing.
- The US Government already have over 50% of the budget on Medicare, Medicaid, welfare, workfare and social security. Socialists: Good job on that one, its working great. Solution to the current near-collapse-due-to-over-spending: add more unfunded entitlements!
- You Socialist-liars can break my spirit and my financial back to force me to "need" a federal government that is turning this country into a police state and turn it into a quasi-socialist lie, but I will, I must put up a fight. I have kids to educate and feed, and the stuff you sell (which is failing to various degrees everywhere else as implemented) is simply forcing a culture of failure on a once great, libertarian free country.
- I will not be complacent with your "change," and there will be a point where civil war will become an option. See how hard you can push before you get it. How much more than half can the truly productive workers in this country afford to pay. Keep pushing to find out how to start a civil war.
- The socialist-lie of a plan will not work, its not fundable, it WILL destroy the currency to fund it, and its really as simple as this: if this insanity is funded by borrowing from the US's economic and military adversaries then Obama and his socialist cabal is NOT fit to administrate society. Rome fell. Kings who mis-manged their treasuries all fell. Every example of unhinged spending leads to the same result: systemic collapse.
- Obama and his sycophantic lunatics would want to have a civil war to get Chairman Obama's way and force the socialist-lie system on my already tax paying law abiding ass. And as far as "no new taxes" for those under 250k, its a lie, the tax is called inflation, which is set to begin just about now that the Chinese wont want the USA's worthless treasuries to fund the socialist-lie fantasy (one that COMMUNIST China doesn't even try and sell to its people!)
- Chairman Obama's numbers don't add up. There is a $59 trillion dollar hole (UFDO) in social security alone. AIG $150 billion here, TARP $350 billion there. $800 billion for a highly dubious stimulus package. Another one on the way. $59 trillion hole in the balance sheet IGNORED. China saying they aren't going to buy treasuries, Clinton clamoring to find buyers now. $3.6 trillion dollar budget, potential military action on Mexico, Iran still a "terrorist state" at the behest of the AIPAC, spending up, dollar about to fall, inflation over time since Breton Woods extremely easy to document, yet, the socialist-liars question when the numbers (the Federal Government numbers) simply don't add up to the point where if the US-GOV was a company it would be insolvent.
  -How dare the taxpayers question what Chairman Obama's drastic spending increases are going to do to the purchasing power of our savings because Chairman Obama wants to recklessly spend and try to maintain and American empire AND guarantee a standard of living, and Chairman Obama doesn't even want to build a single nuclear power plant to do it? Chairman Obama must be a complete and total lunatic moron.
- Obama is either a negligent idiot or an unhinged maniac with delusional fantasies. Meanwhile, Chainman Obama's tax dodging Treasury Secretary has 17 unfilled positions, the Treasury Dept. isn't even functioning at this point.
- "General welfare" in the constitution was, according to the man who wrote it, Madison, meant to be extremely limited in scope. The federal government per the constitution doesn't even have the enumerated POWER to deal with economic messes. A lot of these "POWERS" were created while there is a crisis to dupe the public into accepting an un-constitutional authoritarian regime as the government and to usurp authority over the people.
- The USA is a constitutional republic. A democracy is two wolves and a sheep voting to eat a sheep. Also a constitutional republic isn't about using a barely-majority or a plurality to stuff your (un-fundable disastrous) crap down the disenfranchised other-half's throat.
- With Obama's authoritarian corrupted criminal (aiding and abetting a criminal in flight of prosecution, Rich case) Eric Holder in charge, we won't have our inalienable and enumerated rights to firearms much longer. For a constitutional law expert, Obama must have never read the federalist papers or he would simply hand himself as a traitor.
- The arbitrary expansion of "general welfare" is not only unconstitutional, it may very well lead to a serious conflict on the issue.
- Here is a debate on general welfare and how stuff like this came to pass, but was clearly no intended by the authors of the document of root law.
In Federalist No. 41, James Madison asked rhetorically: "For what purpose could the enumeration of particular powers be inserted, if these and all others were meant to be included in the preceding general power?" (In reference to the general welfare clause)
So strongly did the founders believe that "general welfare" wouldn't be expanded as written:
In Federalist No. 84, Alexander Hamilton indirectly confirmed Madison's point. (That the "general welfare" clause was "clearly" nota free pass for government)
Hamilton argued that a bill of rights, which many were clamoring for, would be not only unnecessary, but dangerous. Since the federal government was given only a few specific powers, there was no need to add prohibitions: it was implicitly prohibited by the listed powers. If a proposed law a relief act, for instance wasn't covered by any of these powers, it was unconstitutional.
"why declare that things shall not be done which there is no power to do? Why, for instance, should it be said, that the liberty of the press shall not be restrained when no power is given by which restrictions may be imposed?"
Hamilton goes on to argue that making Amendments (e.g., enumerating Free speech, press and assembly) and enumerating the 'right' would have the following effect:
(A bill of rights) "would furnish, to men disposed to usurp, a plausible pretence for claiming that power that is, a power to regulate the press, short of actually shutting it down. "
"With respect to the words 'general welfare,' I have always regarded them as qualified by the detail of powers (enumerated in the Constitution) connected with them. To take them in a literal and unlimited sense would be a metamorphosis of the Constitution into a character which there is a host of proofs was not contemplated by its creators." --James Madison [The US Supreme Court has found the meaning of "general welfare" in the Constitution to be much more elastic than did Mr. Madison. But as the "author of the Constitution," what does he know?]
James Madison, when asked if the "general welfare" clause was a grant of power, replied in 1792, in a letter to Henry Lee,

If not only the means but the objects are unlimited, the parchment [the Constitution] should be thrown into the fire at once.

"...We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed. That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it...it is their right, it is their duty, to throw off such Government , and to provide new Guards for their future security. ...--The Declaration of Independence
- Wrong, monetizing failures causes more. Japan showed us this for decades. But hey, Chairman Obama thinks you can fix a problem DECADES in the making with a quick fixer-upper, he is screwed in the head.
- The complaints are with the Federal government (in general) since Breton Woods. The Federal Government and Obama's minions STILL didn't listen to David Walker, a Clinton appointee and former head of the GAO. This isn't about political parties anymore morons!
- Show me a single federal budget that was less than the previous. If this $3.6T budget goes, its never coming back barring systemic collapse.
- The United States Federal Government, The United States Federal Reserve, and the banks which were enabled to continue down reckless paths by a quasi government agency known as the Federal Reserve whose actions are not subject to congress and whose members are unelected. This situation is untenable and unconstitutional.
- Every inflationary road taken in history ends in collapse. Keynesian policies are widely regarded as no longer workable.
- Inflation is a tax: What ignorant tax and spenders don't take into account here is the relative percentages of people's wealth (both net and gross) and the costs of owning and maintaining houses, cars, standards of living.
- Inflation via deficit spending is going to make it such that you will be paying a lot more by percentage of your income to maintain a given standard of living. Obama's arguments are so poorly thought out and seek to blame "Republicans" for the mess, its really simply laughable - the needs cleanup now, not worsening.
- You can't spend your way out of a hole if the creditors (e.g. China) start telling the USA they won't buy. It is that simple. Now America starts to have to collateralize the debt with assets. The USA will be selling off chunks of American assets to back the new debt. One day, it may even be necessary to sell Alaska back to Russia because no one will take greenbacks to prop up a failing version of a modern Rome.
- Ah, here we go with the Matthew Lesko arguments. [lesko.com]
Interest rates were on the rise before the government stepped in with free money for everyone (the fine print of course indicate massive strings attached).
Other economies, for example, India, have the central rates set to far more reasonable/realistic rates (at the moment ~ 8+%), which is still tends to be too low, but shows that if you need someone else capital you need to pay a premium for it, and given that capital is in short supply, it would stand to reason that a premium must be charged for it.
The problem is the unrealistic growth rates of mature economies don't allow for profiting via growth projections (rather than simply earning money). So the government steps in, turns on the free money spigot, gets the interest rates for savings down in the 1-2% range while diluting the value of the whole currency in order to prop up dying companies that ran the business like a Madhoff Ponzi scheme.
- The Republicans aren't solely responsible for the crisis as Obama's minions would have you believe, congress is (no particular congress), the Executive of the US government (no particular one) and the US Federal Reserve System are all at fault.
- Fundamentally, the government is trying to fix the prices of various things to "make it all work." This pulling on the invisible hand is a fools venture. It was predicted long ago the housing collapse (and those, such as myself, in the know, wished while realizing the housing collapse coming that we were wrong for everyone's sake - but the truth is the truth) . It may be that the Austrian (von Mises) economists will ultimately be proven right.
- We are a nation of partially educated whiney grabby idiots, and we got the government that represents this. The Chinese, India and other up and coming nations will show no mercy for this arrogant abuse of our status as the world's forex reserves.
- War and asset sales will continue to be the only option for this scheme until it is corrected at the core. And to say that the government has already averted a depression by doing what they did (most of the monies injected wont be "felt" for some time), is just arrogance and stupidity. Price fixing prolonged the Great Depression. Price-fixing (or attempting to) houses will do the same, but probably worse.
- Obama's minions simply don't care if the US is bankrupted and rendered insolvent, they just want a say in how its done, presumably to "feel safe." Rather selfish.

"They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety." AND "Those who would give up Essential Liberty to purchase a little Temporary Safety, deserve neither Liberty nor Safety." -- Benjamin Franklin (Possibly Richard Jackson)

- Everyone better realize that inflation will pay a major role in funding un-fundable fantasies, wiping the savers and the middle class out. The problem is, that other countries are growing tired of making our Federal Reserve notes worth something by buying our debt as treasuries. Obama's minions talk about spending, but in order to "get what YOU want" you will sell debt to potential economic and military adversaries? Real bright. What's really sad is that despite David Walker being an authority on these issues, people refuse to even watch him and listen to what he is saying.
- On the success of Canada and its form of Socialism: A huge country like Canada with massive amounts of uranium and tar sands and natural resources and a huge land mass with a scant 30 million people is an order of magnitude less of a problem to manage than a country with 10x its population, a serious leaky southern border, backfiring aggressive foreign policy, particularly with Iran, and the US is competing with countries like India and China whose middle classes are larger than the US's entire population. The top 5 students in every Indian and Chinese primary school out numbers all the kids in primary school in the US. Canada is a idyllic island, the USA is front and center in an all out economic and political clash of ideologies.
- Cap and trade (and pollution control for solving global problems) will never work unless the top 10 countries in the world (in terms of both GDP and manufacturing capacity and population) are on board. Period end. If the world doesn't quickly move to nuclear now and fusion shortly, it is OVER possibly not if every home on the planet gets a wind vane, but that seems unlikely to happen (since its possible now).
- Keynes calls it "the paradox of thrift" and suggested that policies forcing people not to save is a "good idea." The guy wanted people spending all the time, or if he didn't, he never conveyed that to his protégés well enough for them to not do what they are doing. Right now the plebeians in the US are actually stashing cash, and everyone from Obama to the media is trying to get people to spend spend spend. The best thing for the long term is for people to prepare for the coming hell, not set out with no reserves.
- I have seen Keynes invoked to justify nearly every bad move in the past decade, and its warming up to be a potential currency collapse, the collapse of the US Treasury and Federal Reserve notes, and a collapse of the NYSE. And then they invoke Keynes to suggest the best way out of the mess is to spend out of an already near-critically debt massed black hole.
- A house is run like a town is run like a country or business is run like a state is run like a government. If there are things the government is doing that would either force your home into bankruptcy or into jail via fraud charges, then the government and banks shouldn't be operating in that fashion. A certain degree of stretchy liquidity is in order, but in terms of percent of GDP, there is no way of justifying what they US has now.
- Iceland failed at 850 percent debt to GDP. The US is at 350 and rising. It is not a good thing at all.
- What is happening to the dollar as a forex standard. [youtube.com]
- March 19, 2009 C-SPAN - "Let's Quit Destroying Our Dollar!" [youtube.com]
- HR 1207 (A bill to make the Fed more accountable and to answer questions regarding the dollar policy) [loc.gov]

Title: Obama sidetracked by fiscal mess, but presses on [yahoo.com]
"Being heard above the din may prove difficult. Lawmakers are wrangling over taxing people who got big bonuses and worrying the president's budget could generate $9.3 trillion in red ink over the next decade."
- Kremlin to pitch new global currency [infowars.com]
Russia proposes creation of global super-reserve currency

Holy crap, even the Russians and Chinese get it. Strange days are here.

Re:Obama Policies Will Bankrupt USA Tsarkon Report (-1, Flamebait)

Anonymous Coward | more than 5 years ago | (#27324469)

It's excellent material, keep posting it. The libertaritard inhabitants of Slashdot will still be snuggling their copies of Atlas Shrugged and patting themselves on the back about their latest kernel compile when Obamba's Red Guards kick their doors in to start "appropriating" their property for the benefit of 500 million Mestizos. Wait, remind me again of the racial demographics of the people who fraudulently obtained home loans and are now gobbling taxpayer money to stay in them, instead of going to prison for felonies as they should? Nevermind, it's already started.

Re:Obama Policies Will Bankrupt USA Tsarkon Report (-1, Offtopic)

Anonymous Coward | more than 5 years ago | (#27324559)

Wait, remind me again of the racial demographics of the people who fraudulently obtained home loans

You mean the white guys in Florida and California who "invested" in 10 houses (protip: after your first mortgage, they're all subprime) in hopes of flipping them faster than the bills came in, and who at the outset of the crisis, walked away from them, with non-owner-occupied foreclosures topping more than 50% of the foreclosures in those states? Or the white guys in Illinois who "invested" in 10 homes in hopes of renting them for more than the mortgage bill, only to discover that their ARM had doubled and their contract with the tenants wasn't due for a reset for another 8 months. Who walked away from the bank bills... but not the rent checks? A situation so bad that the sheriff of Chicago finally stopped foreclosing until the banks deigned to follow the law and notify the tenants that their landlord was cheating them by billing them to live in a house he didn't own?

Oh wait, you said the people who wanted to stay in them and who wanted to make things work, not the people who set the world on fire and then just walked away. Galt would be so proud.

Re:Obama Policies Will Bankrupt USA Tsarkon Report (0)

Anonymous Coward | more than 5 years ago | (#27324987)

I just wish to say how amusing I find the above poster. The Right wingers are such good losers arent they?

In the light of the way the previous administration used the US constituion as toilet paper, any rational person sees the Obama adminstration as a quality unit.

Right wingers, they kick and scream, make up any lie they can think of and still get ignored, they find this very annoying and then spit their dummies and resort to spam and trolling.

You can post as much of this as you like but no one cares at all about your delusions.

Thanks for the laughs!

Re:Obama Policies Will Bankrupt USA Tsarkon Report (0)

Anonymous Coward | more than 5 years ago | (#27325089)

You're obviously a blind left winger. As a libertarian, I can see that BOTH left wingers and right wingers behave exactly the same way. Face it, you left wingers are no better.

Re:Obama Policies Will Bankrupt USA Tsarkon Report (0)

Anonymous Coward | more than 5 years ago | (#27324663)

We'll nuke you from orbit, it's the only way to be sure.

Also do you happen to know the mall ninja? http://lonelymachines.org/mall-ninjas/ [lonelymachines.org]

Re:Obama Policies Will Bankrupt USA Tsarkon Report (0, Offtopic)

JWSmythe (446288) | more than 5 years ago | (#27324685)

    Good, now I know where to pick up supplies.

    Cache of guns. $10,000
    Cache of ammunition: $10,000
    Gold and silver conins: $10,000
    Shooting a militant conspiracy nut in the head while he goes to check his mail, with the ATF and FBI standing back watching and laughing, but technically seeing "nothing": Priceless

   

Re:Obama Policies Will Bankrupt USA Tsarkon Report (0)

Anonymous Coward | more than 5 years ago | (#27324755)

Some untrained black thug just gunned down 4 cops in california, two of which were SWAT members.

You think kicking down doors wont result in death, you will find out one day.

Re:Obama Policies Will Bankrupt USA Tsarkon Report (-1, Troll)

Anonymous Coward | more than 5 years ago | (#27324971)

Obama Policies Will Bankrupt USA Tsarkon Reports

- This just in, March 23 2009 Chinas central bank on Monday proposed replacing the US dollar as the international reserve currency with a new global system controlled by the International Monetary Fund [ft.com]

- Russia too: It is necessary to work out and adopt internationally recognized standards for macroeconomic and budget policy, which are binding for the leading world economies, including the countries issuing reserve currencies - the Kremlin proposals read. [en.rian.ru]

- President Barak "The Teleprompter" Obama is deeply connected to corruption, Rahm Emanuel (Radical authoritarian Statist whose father was part of the Murderous Civilian Killing Israeli Terrorist Organization known as IRGUN), Connected to Rod Blagojevich (Rahm inherited Rod's federal-congress seat), Connected to Ayers, a man who promotes the concept that civilian collateral damage is ok in a war against freedom, Preacher Jeremiah Wright, who is himself a black-elitist who wants all the people who largely "pay the freight" to suffer, 31 million on food stamps, more blacks are in prison and on food-stamps per capita than anyone else. The problem with Wright is simply this: the facts are "racist."
- Obama: Racist, AIPAC-bootlicker, Corrupted to the bone Chicago style and a Traitor to the US Constitution and a Liar whose real "legal" name could very well be Barry Sotero and an Indonesian citizen (The US does not allow plural citizenship) (If you care, not that it matters anymore under a Lawless Authoritarian Totalitarian Regime, you can see more here at an aggregator; obamacrimes.info [obamacrimes.info] )
  - Raytheon lobbyist in Pentagon, lots lobbyists getting exemptions even though he promised not to have them.
- Goldman Sachs insider second in command at Treasury. Bumbling tax cheat idiot in "command" of Treasury with 17 positions unfilled as of late March 2009.
- Cabinet has had several nominees and appointees with multiple tax fraud issues.
- Lied about having a new degree of accountability and a SUNSHINE period of new laws, he has signed bills with little or no review at whitehouse.gov as promised.
- Appointed a second amendment violating Rich-pardoning treasonist Eric Holder as AG, the top cop of the USA, a man who helped a fugitive evade justice.
- Has not put a dime in for a single new nuclear power plant but wants to help bridges and roads to promote more driving.
- Obama, Blagojevich and Rahm Emanuel have a LOT to hide. They literally lived next to each other, Rahm had (until being Chairman Obama's Chief of staff) Blagojevich's old federal congressional seat. Blagojevich helped Chairman "The Teleprompter" Obama cheat his way to the Illinois senate by getting other candidates thrown off the ballot in Illinois. Why do you think Blagojevich was so mad? Obama DID owe him, big time. Rahm and Obama are using Blagojevich and trying to cut his head off to keep him away.
- Tony Rezko, Iraqi Arms Dealer Nahdmi Auchi, and of course Aiham Alsammarae. Chairman "The Teleprompter" Hussein Obama is so corrupted its a joke.
- Fools and "useful idiots" twist the pie charts by leaving welfare, workfare, interest on debt, social security, Medicare and Medicaid out and focusing only on non-whole "discretionary" pie charts.
2007 high level pie chart, Federal Budget, USA [wikimedia.org]
2009 Pie chart, detailed, Federal Budget, USA [wikimedia.org]
- Chairman Obama is drastically increasing spending and creating more entitlements that will make the US less competitive (especially against China, India, East Europe/Russia). This will be a huge disaster and change you can believe in will strap you and your grandkids with more debt. No taxation without representation? Obama is spending money for the next two-three generations and they can't even vote yet, or even have been born.
- An alternative to the dollar and a forex and a reserve currency came up at the last G20 meeting. The world will not take faith in Obama's liar-socialist spending and welfare state, why should the taxpayers (plebian citizen-slaves of a police state).
- The spending going on now vastly eclipses all previous spending. In fact, the massive trillion plus debts is a thing of the 80's onwards. Congress signs the checks, remember that Year after year, as egregious as the pentagon spending is, that the social spending is completely a waste of money and it is unfunded over the long term. Eisenhower built the interstates, the US could build a new power infrastructure with this money but instead is being pissed into creating more of an entitlement system that is STILL unfunded, and without massive poll-taxes and far more aggressive progressive taxes, could NEVER be funded.
- The budgeting being done today were recently reported by a non-partisan auditing commission will lead to about 10 TRILLION in new debt over the next 10 years. Obama is going to double the national debt while doing nothing to address the unfunded debt obligations of Social Security.
- Clinton appointed David Walker of the GAO, he quit, the unfunded debt obligations have rendered the USA insolvent according to accounting standards.
Taxpayers on the hook for $59 trillion [usatoday.com]
US Public Debt Unfunded Debt Obligations [wikipedia.org]
- Most of the world population gets NOTHING from their governments, or a very bare minimum or services that benefit only the upper echelons of society. However, the liar Chairman Obama says we need his universal "state-hospital" rationed health care to be competitive. Bull. China and India give nothing, and they are the biggest threat to the American worker. By forcing healthcare and higher taxes, Americans will be less competitive.
- If you think 60% tax rates end to end (income, accounts receivable tax, building permit tax, CDL tax, cigarette tax, corporate income tax, dog license tax, federal income tax, unemployment tax, gasoline tax, hunting license tax, fishing license tax, waterfowl stamp tax, inheritance tax, inventory tax, liquor tax, luxury tax, Medicare tax, city, school and county property tax (up 33 percent last 4 years), real estate tax, social security tax, road usage tax, toll road tax, state and city sales tax, recreational vehicle tax, excise tax, state franchise tax, state unemployment tax, telephone federal excise tax, telephone federal state and local surcharge tax, telephone minimum usage surcharge tax, telephone state and local tax, utility tax, vehicle license registration tax, capital gains tax, lease severance tax, oil and gas assessment tax, misc internet sales tax and many more taxes that I can't recall at the moment) will make the US competitive, along with compulsory programs to provide everyone with health care is going to make the US competitive in the age of India and China, you are a joke.
- As the US nationalizes (read: rations healthcare) to the least common denominator of affordability without regard to efficacy, people with money will simply look into medical tourism so those with money can go to medical parks in India and get real health care. Those who have lived in Canada or in the UK can tell you "free" healthcare is NOT a panacea. If you think this, you are again, a useful idiot. The NHS in the UK has given bad blood and Hepatitis and AIDS blood to people, and Jade Goody who just died was misdiagnosed twice resulting in her death (She was all cleared twice of cervical cancer which she just died of). The NHS in the UK is not able to be sued or held accountable. Neither will Chairman Obama's rationed health care service for America.
- Sorry to bust the socialist bubble-lie, but support of these types of policies will simply lower the standard of living in the USA, particularly for the middle class. At least at the end of the Eisenhower projects the USA got roads to show for the spending, and with this new spending, the USA could have built power plants that get the USA out of the middle east, but the age of government for the sake of government is upon us, and the useful idiots line up and believe empty promises.
The pentagon (and Bechtel, Kroll, Bluewater, Halliburton, etc) could get less than half of what they get today, but that will fix nothing fundamental in terms of government spending. It is simply not enough to make a difference when compared to the Medicare, Medicaid, welfare, workfare and social security entitlements.
See: YouTube - US Government Immorality Will Lead to Bankruptcy [youtube.com]
- If Obama thinks its ok to lie to 300 million people about being able to "take care of them" without even being honest about what that care would look like, then being an idiot and believing in Obama is for you.
- The head of the IRS and the head of the Treasury, Geithner, is a Tax Cheat
- Lied about no lobbyists - their numbers are growing.
- The US Government already have over 50% of the budget on Medicare, Medicaid, welfare, workfare and social security. Socialists: Good job on that one, its working great. Solution to the current near-collapse-due-to-over-spending: add more unfunded entitlements!
- You Socialist-liars can break my spirit and my financial back to force me to "need" a federal government that is turning this country into a police state and turn it into a quasi-socialist lie, but I will, I must put up a fight. I have kids to educate and feed, and the stuff you sell (which is failing to various degrees everywhere else as implemented) is simply forcing a culture of failure on a once great, libertarian free country.
- I will not be complacent with your "change," and there will be a point where civil war will become an option. See how hard you can push before you get it. How much more than half can the truly productive workers in this country afford to pay. Keep pushing to find out how to start a civil war.
- The socialist-lie of a plan will not work, its not fundable, it WILL destroy the currency to fund it, and its really as simple as this: if this insanity is funded by borrowing from the US's economic and military adversaries then Obama and his socialist cabal is NOT fit to administrate society. Rome fell. Kings who mis-manged their treasuries all fell. Every example of unhinged spending leads to the same result: systemic collapse.
- Obama and his sycophantic lunatics would want to have a civil war to get Chairman Obama's way and force the socialist-lie system on my already tax paying law abiding ass. And as far as "no new taxes" for those under 250k, its a lie, the tax is called inflation, which is set to begin just about now that the Chinese wont want the USA's worthless treasuries to fund the socialist-lie fantasy (one that COMMUNIST China doesn't even try and sell to its people!)
- Chairman Obama's numbers don't add up. There is a $59 trillion dollar hole (UFDO) in social security alone. AIG $150 billion here, TARP $350 billion there. $800 billion for a highly dubious stimulus package. Another one on the way. $59 trillion hole in the balance sheet IGNORED. China saying they aren't going to buy treasuries, Clinton clamoring to find buyers now. $3.6 trillion dollar budget, potential military action on Mexico, Iran still a "terrorist state" at the behest of the AIPAC, spending up, dollar about to fall, inflation over time since Breton Woods extremely easy to document, yet, the socialist-liars question when the numbers (the Federal Government numbers) simply don't add up to the point where if the US-GOV was a company it would be insolvent.
  -How dare the taxpayers question what Chairman Obama's drastic spending increases are going to do to the purchasing power of our savings because Chairman Obama wants to recklessly spend and try to maintain and American empire AND guarantee a standard of living, and Chairman Obama doesn't even want to build a single nuclear power plant to do it? Chairman Obama must be a complete and total lunatic moron.
- Obama is either a negligent idiot or an unhinged maniac with delusional fantasies. Meanwhile, Chainman Obama's tax dodging Treasury Secretary has 17 unfilled positions, the Treasury Dept. isn't even functioning at this point.
- "General welfare" in the constitution was, according to the man who wrote it, Madison, meant to be extremely limited in scope. The federal government per the constitution doesn't even have the enumerated POWER to deal with economic messes. A lot of these "POWERS" were created while there is a crisis to dupe the public into accepting an un-constitutional authoritarian regime as the government and to usurp authority over the people.
- The USA is a constitutional republic. A democracy is two wolves and a sheep voting to eat a sheep. Also a constitutional republic isn't about using a barely-majority or a plurality to stuff your (un-fundable disastrous) crap down the disenfranchised other-half's throat.
- With Obama's authoritarian corrupted criminal (aiding and abetting a criminal in flight of prosecution, Rich case) Eric Holder in charge, we won't have our inalienable and enumerated rights to firearms much longer. For a constitutional law expert, Obama must have never read the federalist papers or he would simply hand himself as a traitor.
- The arbitrary expansion of "general welfare" is not only unconstitutional, it may very well lead to a serious conflict on the issue.
- Here is a debate on general welfare and how stuff like this came to pass, but was clearly no intended by the authors of the document of root law.
In Federalist No. 41, James Madison asked rhetorically: "For what purpose could the enumeration of particular powers be inserted, if these and all others were meant to be included in the preceding general power?" (In reference to the general welfare clause)
So strongly did the founders believe that "general welfare" wouldn't be expanded as written:
In Federalist No. 84, Alexander Hamilton indirectly confirmed Madison's point. (That the "general welfare" clause was "clearly" nota free pass for government)
Hamilton argued that a bill of rights, which many were clamoring for, would be not only unnecessary, but dangerous. Since the federal government was given only a few specific powers, there was no need to add prohibitions: it was implicitly prohibited by the listed powers. If a proposed law a relief act, for instance wasn't covered by any of these powers, it was unconstitutional.
"why declare that things shall not be done which there is no power to do? Why, for instance, should it be said, that the liberty of the press shall not be restrained when no power is given by which restrictions may be imposed?"
Hamilton goes on to argue that making Amendments (e.g., enumerating Free speech, press and assembly) and enumerating the 'right' would have the following effect:
(A bill of rights) "would furnish, to men disposed to usurp, a plausible pretence for claiming that power that is, a power to regulate the press, short of actually shutting it down. "
"With respect to the words 'general welfare,' I have always regarded them as qualified by the detail of powers (enumerated in the Constitution) connected with them. To take them in a literal and unlimited sense would be a metamorphosis of the Constitution into a character which there is a host of proofs was not contemplated by its creators." --James Madison [The US Supreme Court has found the meaning of "general welfare" in the Constitution to be much more elastic than did Mr. Madison. But as the "author of the Constitution," what does he know?]
James Madison, when asked if the "general welfare" clause was a grant of power, replied in 1792, in a letter to Henry Lee,

If not only the means but the objects are unlimited, the parchment [the Constitution] should be thrown into the fire at once.

"...We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed. That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it...it is their right, it is their duty, to throw off such Government , and to provide new Guards for their future security. ...--The Declaration of Independence
- Wrong, monetizing failures causes more. Japan showed us this for decades. But hey, Chairman Obama thinks you can fix a problem DECADES in the making with a quick fixer-upper, he is screwed in the head.
- The complaints are with the Federal government (in general) since Breton Woods. The Federal Government and Obama's minions STILL didn't listen to David Walker, a Clinton appointee and former head of the GAO. This isn't about political parties anymore morons!
- Show me a single federal budget that was less than the previous. If this $3.6T budget goes, its never coming back barring systemic collapse.
- The United States Federal Government, The United States Federal Reserve, and the banks which were enabled to continue down reckless paths by a quasi government agency known as the Federal Reserve whose actions are not subject to congress and whose members are unelected. This situation is untenable and unconstitutional.
- Every inflationary road taken in history ends in collapse. Keynesian policies are widely regarded as no longer workable.
- Inflation is a tax: What ignorant tax and spenders don't take into account here is the relative percentages of people's wealth (both net and gross) and the costs of owning and maintaining houses, cars, standards of living.
- Inflation via deficit spending is going to make it such that you will be paying a lot more by percentage of your income to maintain a given standard of living. Obama's arguments are so poorly thought out and seek to blame "Republicans" for the mess, its really simply laughable - the needs cleanup now, not worsening.
- You can't spend your way out of a hole if the creditors (e.g. China) start telling the USA they won't buy. It is that simple. Now America starts to have to collateralize the debt with assets. The USA will be selling off chunks of American assets to back the new debt. One day, it may even be necessary to sell Alaska back to Russia because no one will take greenbacks to prop up a failing version of a modern Rome.
- Ah, here we go with the Matthew Lesko arguments. [lesko.com]
Interest rates were on the rise before the government stepped in with free money for everyone (the fine print of course indicate massive strings attached).
Other economies, for example, India, have the central rates set to far more reasonable/realistic rates (at the moment ~ 8+%), which is still tends to be too low, but shows that if you need someone else capital you need to pay a premium for it, and given that capital is in short supply, it would stand to reason that a premium must be charged for it.
The problem is the unrealistic growth rates of mature economies don't allow for profiting via growth projections (rather than simply earning money). So the government steps in, turns on the free money spigot, gets the interest rates for savings down in the 1-2% range while diluting the value of the whole currency in order to prop up dying companies that ran the business like a Madhoff Ponzi scheme.
- The Republicans aren't solely responsible for the crisis as Obama's minions would have you believe, congress is (no particular congress), the Executive of the US government (no particular one) and the US Federal Reserve System are all at fault.
- Fundamentally, the government is trying to fix the prices of various things to "make it all work." This pulling on the invisible hand is a fools venture. It was predicted long ago the housing collapse (and those, such as myself, in the know, wished while realizing the housing collapse coming that we were wrong for everyone's sake - but the truth is the truth) . It may be that the Austrian (von Mises) economists will ultimately be proven right.
- We are a nation of partially educated whiney grabby idiots, and we got the government that represents this. The Chinese, India and other up and coming nations will show no mercy for this arrogant abuse of our status as the world's forex reserves.
- War and asset sales will continue to be the only option for this scheme until it is corrected at the core. And to say that the government has already averted a depression by doing what they did (most of the monies injected wont be "felt" for some time), is just arrogance and stupidity. Price fixing prolonged the Great Depression. Price-fixing (or attempting to) houses will do the same, but probably worse.
- Obama's minions simply don't care if the US is bankrupted and rendered insolvent, they just want a say in how its done, presumably to "feel safe." Rather selfish.

"They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety." AND "Those who would give up Essential Liberty to purchase a little Temporary Safety, deserve neither Liberty nor Safety." -- Benjamin Franklin (Possibly Richard Jackson)

- Everyone better realize that inflation will pay a major role in funding un-fundable fantasies, wiping the savers and the middle class out. The problem is, that other countries are growing tired of making our Federal Reserve notes worth something by buying our debt as treasuries. Obama's minions talk about spending, but in order to "get what YOU want" you will sell debt to potential economic and military adversaries? Real bright. What's really sad is that despite David Walker being an authority on these issues, people refuse to even watch him and listen to what he is saying.
- On the success of Canada and its form of Socialism: A huge country like Canada with massive amounts of uranium and tar sands and natural resources and a huge land mass with a scant 30 million people is an order of magnitude less of a problem to manage than a country with 10x its population, a serious leaky southern border, backfiring aggressive foreign policy, particularly with Iran, and the US is competing with countries like India and China whose middle classes are larger than the US's entire population. The top 5 students in every Indian and Chinese primary school out numbers all the kids in primary school in the US. Canada is a idyllic island, the USA is front and center in an all out economic and political clash of ideologies.
- Cap and trade (and pollution control for solving global problems) will never work unless the top 10 countries in the world (in terms of both GDP and manufacturing capacity and population) are on board. Period end. If the world doesn't quickly move to nuclear now and fusion shortly, it is OVER possibly not if every home on the planet gets a wind vane, but that seems unlikely to happen (since its possible now).
- Keynes calls it "the paradox of thrift" and suggested that policies forcing people not to save is a "good idea." The guy wanted people spending all the time, or if he didn't, he never conveyed that to his protégés well enough for them to not do what they are doing. Right now the plebeians in the US are actually stashing cash, and everyone from Obama to the media is trying to get people to spend spend spend. The best thing for the long term is for people to prepare for the coming hell, not set out with no reserves.
- I have seen Keynes invoked to justify nearly every bad move in the past decade, and its warming up to be a potential currency collapse, the collapse of the US Treasury and Federal Reserve notes, and a collapse of the NYSE. And then they invoke Keynes to suggest the best way out of the mess is to spend out of an already near-critically debt massed black hole.
- A house is run like a town is run like a country or business is run like a state is run like a government. If there are things the government is doing that would either force your home into bankruptcy or into jail via fraud charges, then the government and banks shouldn't be operating in that fashion. A certain degree of stretchy liquidity is in order, but in terms of percent of GDP, there is no way of justifying what they US has now.
- Iceland failed at 850 percent debt to GDP. The US is at 350 and rising. It is not a good thing at all.
- What is happening to the dollar as a forex standard. [youtube.com]
- March 19, 2009 C-SPAN - "Let's Quit Destroying Our Dollar!" [youtube.com]
- HR 1207 (A bill to make the Fed more accountable and to answer questions regarding the dollar policy) [loc.gov]

Title: Obama sidetracked by fiscal mess, but presses on [yahoo.com]
"Being heard above the din may prove difficult. Lawmakers are wrangling over taxing people who got big bonuses and worrying the president's budget could generate $9.3 trillion in red ink over the next decade."
- Kremlin to pitch new global currency [infowars.com]
Russia proposes creation of global super-reserve currency

Holy crap, even the Russians and Chinese get it. Strange days are here.

Re:Obama Policies Will Bankrupt USA Tsarkon Report (-1, Troll)

Anonymous Coward | more than 5 years ago | (#27324923)

Obama Policies Will Bankrupt USA Tsarkon Reports

- This just in, March 23 2009 Chinas central bank on Monday proposed replacing the US dollar as the international reserve currency with a new global system controlled by the International Monetary Fund [ft.com]

- Russia too: It is necessary to work out and adopt internationally recognized standards for macroeconomic and budget policy, which are binding for the leading world economies, including the countries issuing reserve currencies - the Kremlin proposals read. [en.rian.ru]

- President Barak "The Teleprompter" Obama is deeply connected to corruption, Rahm Emanuel (Radical authoritarian Statist whose father was part of the Murderous Civilian Killing Israeli Terrorist Organization known as IRGUN), Connected to Rod Blagojevich (Rahm inherited Rod's federal-congress seat), Connected to Ayers, a man who promotes the concept that civilian collateral damage is ok in a war against freedom, Preacher Jeremiah Wright, who is himself a black-elitist who wants all the people who largely "pay the freight" to suffer, 31 million on food stamps, more blacks are in prison and on food-stamps per capita than anyone else. The problem with Wright is simply this: the facts are "racist."
- Obama: Racist, AIPAC-bootlicker, Corrupted to the bone Chicago style and a Traitor to the US Constitution and a Liar whose real "legal" name could very well be Barry Sotero and an Indonesian citizen (The US does not allow plural citizenship) (If you care, not that it matters anymore under a Lawless Authoritarian Totalitarian Regime, you can see more here at an aggregator; obamacrimes.info [obamacrimes.info] )
  - Raytheon lobbyist in Pentagon, lots lobbyists getting exemptions even though he promised not to have them.
- Goldman Sachs insider second in command at Treasury. Bumbling tax cheat idiot in "command" of Treasury with 17 positions unfilled as of late March 2009.
- Cabinet has had several nominees and appointees with multiple tax fraud issues.
- Lied about having a new degree of accountability and a SUNSHINE period of new laws, he has signed bills with little or no review at whitehouse.gov as promised.
- Appointed a second amendment violating Rich-pardoning treasonist Eric Holder as AG, the top cop of the USA, a man who helped a fugitive evade justice.
- Has not put a dime in for a single new nuclear power plant but wants to help bridges and roads to promote more driving.
- Obama, Blagojevich and Rahm Emanuel have a LOT to hide. They literally lived next to each other, Rahm had (until being Chairman Obama's Chief of staff) Blagojevich's old federal congressional seat. Blagojevich helped Chairman "The Teleprompter" Obama cheat his way to the Illinois senate by getting other candidates thrown off the ballot in Illinois. Why do you think Blagojevich was so mad? Obama DID owe him, big time. Rahm and Obama are using Blagojevich and trying to cut his head off to keep him away.
- Tony Rezko, Iraqi Arms Dealer Nahdmi Auchi, and of course Aiham Alsammarae. Chairman "The Teleprompter" Hussein Obama is so corrupted its a joke.
- Fools and "useful idiots" twist the pie charts by leaving welfare, workfare, interest on debt, social security, Medicare and Medicaid out and focusing only on non-whole "discretionary" pie charts.
2007 high level pie chart, Federal Budget, USA [wikimedia.org]
2009 Pie chart, detailed, Federal Budget, USA [wikimedia.org]
- Chairman Obama is drastically increasing spending and creating more entitlements that will make the US less competitive (especially against China, India, East Europe/Russia). This will be a huge disaster and change you can believe in will strap you and your grandkids with more debt. No taxation without representation? Obama is spending money for the next two-three generations and they can't even vote yet, or even have been born.
- An alternative to the dollar and a forex and a reserve currency came up at the last G20 meeting. The world will not take faith in Obama's liar-socialist spending and welfare state, why should the taxpayers (plebian citizen-slaves of a police state).
- The spending going on now vastly eclipses all previous spending. In fact, the massive trillion plus debts is a thing of the 80's onwards. Congress signs the checks, remember that Year after year, as egregious as the pentagon spending is, that the social spending is completely a waste of money and it is unfunded over the long term. Eisenhower built the interstates, the US could build a new power infrastructure with this money but instead is being pissed into creating more of an entitlement system that is STILL unfunded, and without massive poll-taxes and far more aggressive progressive taxes, could NEVER be funded.
- The budgeting being done today were recently reported by a non-partisan auditing commission will lead to about 10 TRILLION in new debt over the next 10 years. Obama is going to double the national debt while doing nothing to address the unfunded debt obligations of Social Security.
- Clinton appointed David Walker of the GAO, he quit, the unfunded debt obligations have rendered the USA insolvent according to accounting standards.
Taxpayers on the hook for $59 trillion [usatoday.com]
US Public Debt Unfunded Debt Obligations [wikipedia.org]
- Most of the world population gets NOTHING from their governments, or a very bare minimum or services that benefit only the upper echelons of society. However, the liar Chairman Obama says we need his universal "state-hospital" rationed health care to be competitive. Bull. China and India give nothing, and they are the biggest threat to the American worker. By forcing healthcare and higher taxes, Americans will be less competitive.
- If you think 60% tax rates end to end (income, accounts receivable tax, building permit tax, CDL tax, cigarette tax, corporate income tax, dog license tax, federal income tax, unemployment tax, gasoline tax, hunting license tax, fishing license tax, waterfowl stamp tax, inheritance tax, inventory tax, liquor tax, luxury tax, Medicare tax, city, school and county property tax (up 33 percent last 4 years), real estate tax, social security tax, road usage tax, toll road tax, state and city sales tax, recreational vehicle tax, excise tax, state franchise tax, state unemployment tax, telephone federal excise tax, telephone federal state and local surcharge tax, telephone minimum usage surcharge tax, telephone state and local tax, utility tax, vehicle license registration tax, capital gains tax, lease severance tax, oil and gas assessment tax, misc internet sales tax and many more taxes that I can't recall at the moment) will make the US competitive, along with compulsory programs to provide everyone with health care is going to make the US competitive in the age of India and China, you are a joke.
- As the US nationalizes (read: rations healthcare) to the least common denominator of affordability without regard to efficacy, people with money will simply look into medical tourism so those with money can go to medical parks in India and get real health care. Those who have lived in Canada or in the UK can tell you "free" healthcare is NOT a panacea. If you think this, you are again, a useful idiot. The NHS in the UK has given bad blood and Hepatitis and AIDS blood to people, and Jade Goody who just died was misdiagnosed twice resulting in her death (She was all cleared twice of cervical cancer which she just died of). The NHS in the UK is not able to be sued or held accountable. Neither will Chairman Obama's rationed health care service for America.
- Sorry to bust the socialist bubble-lie, but support of these types of policies will simply lower the standard of living in the USA, particularly for the middle class. At least at the end of the Eisenhower projects the USA got roads to show for the spending, and with this new spending, the USA could have built power plants that get the USA out of the middle east, but the age of government for the sake of government is upon us, and the useful idiots line up and believe empty promises.
The pentagon (and Bechtel, Kroll, Bluewater, Halliburton, etc) could get less than half of what they get today, but that will fix nothing fundamental in terms of government spending. It is simply not enough to make a difference when compared to the Medicare, Medicaid, welfare, workfare and social security entitlements.
See: YouTube - US Government Immorality Will Lead to Bankruptcy [youtube.com]
- If Obama thinks its ok to lie to 300 million people about being able to "take care of them" without even being honest about what that care would look like, then being an idiot and believing in Obama is for you.
- The head of the IRS and the head of the Treasury, Geithner, is a Tax Cheat
- Lied about no lobbyists - their numbers are growing.
- The US Government already have over 50% of the budget on Medicare, Medicaid, welfare, workfare and social security. Socialists: Good job on that one, its working great. Solution to the current near-collapse-due-to-over-spending: add more unfunded entitlements!
- You Socialist-liars can break my spirit and my financial back to force me to "need" a federal government that is turning this country into a police state and turn it into a quasi-socialist lie, but I will, I must put up a fight. I have kids to educate and feed, and the stuff you sell (which is failing to various degrees everywhere else as implemented) is simply forcing a culture of failure on a once great, libertarian free country.
- I will not be complacent with your "change," and there will be a point where civil war will become an option. See how hard you can push before you get it. How much more than half can the truly productive workers in this country afford to pay. Keep pushing to find out how to start a civil war.
- The socialist-lie of a plan will not work, its not fundable, it WILL destroy the currency to fund it, and its really as simple as this: if this insanity is funded by borrowing from the US's economic and military adversaries then Obama and his socialist cabal is NOT fit to administrate society. Rome fell. Kings who mis-manged their treasuries all fell. Every example of unhinged spending leads to the same result: systemic collapse.
- Obama and his sycophantic lunatics would want to have a civil war to get Chairman Obama's way and force the socialist-lie system on my already tax paying law abiding ass. And as far as "no new taxes" for those under 250k, its a lie, the tax is called inflation, which is set to begin just about now that the Chinese wont want the USA's worthless treasuries to fund the socialist-lie fantasy (one that COMMUNIST China doesn't even try and sell to its people!)
- Chairman Obama's numbers don't add up. There is a $59 trillion dollar hole (UFDO) in social security alone. AIG $150 billion here, TARP $350 billion there. $800 billion for a highly dubious stimulus package. Another one on the way. $59 trillion hole in the balance sheet IGNORED. China saying they aren't going to buy treasuries, Clinton clamoring to find buyers now. $3.6 trillion dollar budget, potential military action on Mexico, Iran still a "terrorist state" at the behest of the AIPAC, spending up, dollar about to fall, inflation over time since Breton Woods extremely easy to document, yet, the socialist-liars question when the numbers (the Federal Government numbers) simply don't add up to the point where if the US-GOV was a company it would be insolvent.
  -How dare the taxpayers question what Chairman Obama's drastic spending increases are going to do to the purchasing power of our savings because Chairman Obama wants to recklessly spend and try to maintain and American empire AND guarantee a standard of living, and Chairman Obama doesn't even want to build a single nuclear power plant to do it? Chairman Obama must be a complete and total lunatic moron.
- Obama is either a negligent idiot or an unhinged maniac with delusional fantasies. Meanwhile, Chainman Obama's tax dodging Treasury Secretary has 17 unfilled positions, the Treasury Dept. isn't even functioning at this point.
- "General welfare" in the constitution was, according to the man who wrote it, Madison, meant to be extremely limited in scope. The federal government per the constitution doesn't even have the enumerated POWER to deal with economic messes. A lot of these "POWERS" were created while there is a crisis to dupe the public into accepting an un-constitutional authoritarian regime as the government and to usurp authority over the people.
- The USA is a constitutional republic. A democracy is two wolves and a sheep voting to eat a sheep. Also a constitutional republic isn't about using a barely-majority or a plurality to stuff your (un-fundable disastrous) crap down the disenfranchised other-half's throat.
- With Obama's authoritarian corrupted criminal (aiding and abetting a criminal in flight of prosecution, Rich case) Eric Holder in charge, we won't have our inalienable and enumerated rights to firearms much longer. For a constitutional law expert, Obama must have never read the federalist papers or he would simply hand himself as a traitor.
- The arbitrary expansion of "general welfare" is not only unconstitutional, it may very well lead to a serious conflict on the issue.
- Here is a debate on general welfare and how stuff like this came to pass, but was clearly no intended by the authors of the document of root law.
In Federalist No. 41, James Madison asked rhetorically: "For what purpose could the enumeration of particular powers be inserted, if these and all others were meant to be included in the preceding general power?" (In reference to the general welfare clause)
So strongly did the founders believe that "general welfare" wouldn't be expanded as written:
In Federalist No. 84, Alexander Hamilton indirectly confirmed Madison's point. (That the "general welfare" clause was "clearly" nota free pass for government)
Hamilton argued that a bill of rights, which many were clamoring for, would be not only unnecessary, but dangerous. Since the federal government was given only a few specific powers, there was no need to add prohibitions: it was implicitly prohibited by the listed powers. If a proposed law a relief act, for instance wasn't covered by any of these powers, it was unconstitutional.
"why declare that things shall not be done which there is no power to do? Why, for instance, should it be said, that the liberty of the press shall not be restrained when no power is given by which restrictions may be imposed?"
Hamilton goes on to argue that making Amendments (e.g., enumerating Free speech, press and assembly) and enumerating the 'right' would have the following effect:
(A bill of rights) "would furnish, to men disposed to usurp, a plausible pretence for claiming that power that is, a power to regulate the press, short of actually shutting it down. "
"With respect to the words 'general welfare,' I have always regarded them as qualified by the detail of powers (enumerated in the Constitution) connected with them. To take them in a literal and unlimited sense would be a metamorphosis of the Constitution into a character which there is a host of proofs was not contemplated by its creators." --James Madison [The US Supreme Court has found the meaning of "general welfare" in the Constitution to be much more elastic than did Mr. Madison. But as the "author of the Constitution," what does he know?]
James Madison, when asked if the "general welfare" clause was a grant of power, replied in 1792, in a letter to Henry Lee,

If not only the means but the objects are unlimited, the parchment [the Constitution] should be thrown into the fire at once.

"...We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed. That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it...it is their right, it is their duty, to throw off such Government , and to provide new Guards for their future security. ...--The Declaration of Independence
- Wrong, monetizing failures causes more. Japan showed us this for decades. But hey, Chairman Obama thinks you can fix a problem DECADES in the making with a quick fixer-upper, he is screwed in the head.
- The complaints are with the Federal government (in general) since Breton Woods. The Federal Government and Obama's minions STILL didn't listen to David Walker, a Clinton appointee and former head of the GAO. This isn't about political parties anymore morons!
- Show me a single federal budget that was less than the previous. If this $3.6T budget goes, its never coming back barring systemic collapse.
- The United States Federal Government, The United States Federal Reserve, and the banks which were enabled to continue down reckless paths by a quasi government agency known as the Federal Reserve whose actions are not subject to congress and whose members are unelected. This situation is untenable and unconstitutional.
- Every inflationary road taken in history ends in collapse. Keynesian policies are widely regarded as no longer workable.
- Inflation is a tax: What ignorant tax and spenders don't take into account here is the relative percentages of people's wealth (both net and gross) and the costs of owning and maintaining houses, cars, standards of living.
- Inflation via deficit spending is going to make it such that you will be paying a lot more by percentage of your income to maintain a given standard of living. Obama's arguments are so poorly thought out and seek to blame "Republicans" for the mess, its really simply laughable - the needs cleanup now, not worsening.
- You can't spend your way out of a hole if the creditors (e.g. China) start telling the USA they won't buy. It is that simple. Now America starts to have to collateralize the debt with assets. The USA will be selling off chunks of American assets to back the new debt. One day, it may even be necessary to sell Alaska back to Russia because no one will take greenbacks to prop up a failing version of a modern Rome.
- Ah, here we go with the Matthew Lesko arguments. [lesko.com]
Interest rates were on the rise before the government stepped in with free money for everyone (the fine print of course indicate massive strings attached).
Other economies, for example, India, have the central rates set to far more reasonable/realistic rates (at the moment ~ 8+%), which is still tends to be too low, but shows that if you need someone else capital you need to pay a premium for it, and given that capital is in short supply, it would stand to reason that a premium must be charged for it.
The problem is the unrealistic growth rates of mature economies don't allow for profiting via growth projections (rather than simply earning money). So the government steps in, turns on the free money spigot, gets the interest rates for savings down in the 1-2% range while diluting the value of the whole currency in order to prop up dying companies that ran the business like a Madhoff Ponzi scheme.
- The Republicans aren't solely responsible for the crisis as Obama's minions would have you believe, congress is (no particular congress), the Executive of the US government (no particular one) and the US Federal Reserve System are all at fault.
- Fundamentally, the government is trying to fix the prices of various things to "make it all work." This pulling on the invisible hand is a fools venture. It was predicted long ago the housing collapse (and those, such as myself, in the know, wished while realizing the housing collapse coming that we were wrong for everyone's sake - but the truth is the truth) . It may be that the Austrian (von Mises) economists will ultimately be proven right.
- We are a nation of partially educated whiney grabby idiots, and we got the government that represents this. The Chinese, India and other up and coming nations will show no mercy for this arrogant abuse of our status as the world's forex reserves.
- War and asset sales will continue to be the only option for this scheme until it is corrected at the core. And to say that the government has already averted a depression by doing what they did (most of the monies injected wont be "felt" for some time), is just arrogance and stupidity. Price fixing prolonged the Great Depression. Price-fixing (or attempting to) houses will do the same, but probably worse.
- Obama's minions simply don't care if the US is bankrupted and rendered insolvent, they just want a say in how its done, presumably to "feel safe." Rather selfish.

"They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety." AND "Those who would give up Essential Liberty to purchase a little Temporary Safety, deserve neither Liberty nor Safety." -- Benjamin Franklin (Possibly Richard Jackson)

- Everyone better realize that inflation will pay a major role in funding un-fundable fantasies, wiping the savers and the middle class out. The problem is, that other countries are growing tired of making our Federal Reserve notes worth something by buying our debt as treasuries. Obama's minions talk about spending, but in order to "get what YOU want" you will sell debt to potential economic and military adversaries? Real bright. What's really sad is that despite David Walker being an authority on these issues, people refuse to even watch him and listen to what he is saying.
- On the success of Canada and its form of Socialism: A huge country like Canada with massive amounts of uranium and tar sands and natural resources and a huge land mass with a scant 30 million people is an order of magnitude less of a problem to manage than a country with 10x its population, a serious leaky southern border, backfiring aggressive foreign policy, particularly with Iran, and the US is competing with countries like India and China whose middle classes are larger than the US's entire population. The top 5 students in every Indian and Chinese primary school out numbers all the kids in primary school in the US. Canada is a idyllic island, the USA is front and center in an all out economic and political clash of ideologies.
- Cap and trade (and pollution control for solving global problems) will never work unless the top 10 countries in the world (in terms of both GDP and manufacturing capacity and population) are on board. Period end. If the world doesn't quickly move to nuclear now and fusion shortly, it is OVER possibly not if every home on the planet gets a wind vane, but that seems unlikely to happen (since its possible now).
- Keynes calls it "the paradox of thrift" and suggested that policies forcing people not to save is a "good idea." The guy wanted people spending all the time, or if he didn't, he never conveyed that to his protégés well enough for them to not do what they are doing. Right now the plebeians in the US are actually stashing cash, and everyone from Obama to the media is trying to get people to spend spend spend. The best thing for the long term is for people to prepare for the coming hell, not set out with no reserves.
- I have seen Keynes invoked to justify nearly every bad move in the past decade, and its warming up to be a potential currency collapse, the collapse of the US Treasury and Federal Reserve notes, and a collapse of the NYSE. And then they invoke Keynes to suggest the best way out of the mess is to spend out of an already near-critically debt massed black hole.
- A house is run like a town is run like a country or business is run like a state is run like a government. If there are things the government is doing that would either force your home into bankruptcy or into jail via fraud charges, then the government and banks shouldn't be operating in that fashion. A certain degree of stretchy liquidity is in order, but in terms of percent of GDP, there is no way of justifying what they US has now.
- Iceland failed at 850 percent debt to GDP. The US is at 350 and rising. It is not a good thing at all.
- What is happening to the dollar as a forex standard. [youtube.com]
- March 19, 2009 C-SPAN - "Let's Quit Destroying Our Dollar!" [youtube.com]
- HR 1207 (A bill to make the Fed more accountable and to answer questions regarding the dollar policy) [loc.gov]

Title: Obama sidetracked by fiscal mess, but presses on [yahoo.com]
"Being heard above the din may prove difficult. Lawmakers are wrangling over taxing people who got big bonuses and worrying the president's budget could generate $9.3 trillion in red ink over the next decade."
- Kremlin to pitch new global currency [infowars.com]
Russia proposes creation of global super-reserve currency

Holy crap, even the Russians and Chinese get it. Strange days are here.

Re:Obama Policies Will Bankrupt USA Tsarkon Report (0)

Anonymous Coward | more than 5 years ago | (#27324265)

Blah blah blah, if you people spent the time that it took to write that rambling diarrhea towards actually helping the country, the world would be a better place.

GREAT! (1)

malkir (1031750) | more than 5 years ago | (#27323827)

Now confickr will omit .ca domains, good job telling everyone!

Re:GREAT! (1)

X0563511 (793323) | more than 5 years ago | (#27323909)

Except nobody is in the driver seat at the moment.

This is a way of trying to keep anyone from stepping in.

Re:GREAT! (1)

cez (539085) | more than 5 years ago | (#27324581)

Except nobody is in the driver seat at the moment.

Incorrect... someone is most certainly in the driver seat. Botnets aren't autonomous sytems that spawn out of control. They are replicated and controlled spawned instances, nodes or bots in a net mind you, doing whatever whomever is pulling the strings would like.

Re:GREAT! (1)

Anonymous Coward | more than 5 years ago | (#27324659)

Yeah, you know how they control this one?

BY THE MECHANISM .CA IS TRYING TO THWART YOU FUCKING RETARD.

Why the HELL did you feel qualified to comment on this?

Re:GREAT! (1)

cez (539085) | more than 5 years ago | (#27324777)

Planning on post-moderm triage by blacking out the algorithm for it's DNS awareness channels is all good and dandy...and in all liklihood wouldn't affect normal business operations of DNS (unless someone had really bad taste in domain names)... but who knows what algorithms lay dormant that could be changed with the flick of a bit or hell, updated. What do you think these thugs change control and turnover is? Just saying disclosing certain aspects of how you are actually fighting it, and learning how to combat prevent and spread awareness for it aren't mutually exclusive but not necessarily the same thing.

As far as who I am to comment on it, well... I'm someone who's commenting on it.

Re:GREAT! (0)

Anonymous Coward | more than 5 years ago | (#27324871)

The people who analyzed it know what algorithms lay dormant and could be changed with the flick of a bit.

You know all that time you spend reading slashdot and pretending to know things? Some people use that same time to ACTUALLY learn things.

Re:GREAT! (2, Insightful)

cez (539085) | more than 5 years ago | (#27324979)

The people who analyzed it know what algorithms lay dormant and could be changed with the flick of a bit.

I know I shouldn't feed the trolls, but if these people who "analyzed" it only know what they've been able to observer or provoke it to do. I must have missed where they completely reverse engineered it and created a fix.

They figured out 1 of a myriad of its activities and service mediums let alone been able to crack one of its control channels. I'm all for fighting the good fight, but saying we understand this or have analyzed it thoroughly is naive.

eat my shorts conflicker (-1, Troll)

Anonymous Coward | more than 5 years ago | (#27323829)

Eat my shorts conflicker !!

jate this site now

I feel left out... (5, Funny)

erroneus (253617) | more than 5 years ago | (#27324007)

My wife runs MacOS and I have my Linux... I really wish I could get involved in the party. Will Cornfucker run under Wine?

Re:I feel left out... (0)

Anonymous Coward | more than 5 years ago | (#27324089)

That joke was a lot funnier when it was about WinNuke.

Re:I feel left out... (2, Funny)

vistapwns (1103935) | more than 5 years ago | (#27324437)

As soon as your OS is used by more than 50 people, you'll be invited. :)

Re:I feel left out... (4, Funny)

erroneus (253617) | more than 5 years ago | (#27324791)

Oh your elitist, mob-rule attitude is not helpful. Some of us aren't fortunate enough to be able to afford Microsoft software. The wife's Mac OS X came with her machine and my computer did come with Windows installed on it but I didn't create the restore media before my machine was trashed with malware. So instead of buying software, I got free software. It works just fine though. Well enough to post here, view all sorts of porn that would have trashed my computers again if I were running Windows, and aside from playing games and DRM media, I can do anything I ever wanted to do.

It is only during events like those created by cornfucker that I really begin to feel left out of the party.

Re:I feel left out... (-1, Troll)

Anonymous Coward | more than 5 years ago | (#27324873)

How do you even sit down to play games with that giant stick up your ass?

Re:I feel left out... (3, Funny)

JimXugle (921609) | more than 5 years ago | (#27324723)

No. It uses a vulnerability in the Windows File and Printer sharing daemon to inject a DLL file into svchost.exe.

I suggest filing a bug with SAMBA and Wine, respectively.

AHMG1 (0)

Anonymous Coward | more than 5 years ago | (#27323861)

amg 1

ugh (0, Offtopic)

pxlmusic (1147117) | more than 5 years ago | (#27323865)

look, i like Slashdot, but occasionally wonder if the anon feature is even worth it anymore.

i see this fucking troll at the top of thread after thread and i'm just sick of it. /rant

Re:ugh (0)

Anonymous Coward | more than 5 years ago | (#27323981)

OP here, try adjusting your highlight threshold.

Re:ugh (-1, Flamebait)

Anonymous Coward | more than 5 years ago | (#27324037)

Ok, we can start posting right up your ass, traitor.

And if you ban anon, imagine proxies being used to make thousands of throw-away accounts. The system will crumble.

If you wanted the trolling to stop, let a troll per week post a front page story or something. This totalitarian regime that decides all content is a fucking boring piece of shit, and the moderations here are very biased towards geek-groupthink and not towards any stuff based in fact. Its just a shitload of fucked up opinions that get validated by others who think the same way.

The biggest problem with this fucking dump is the good shit doesn't get moderated up, the authoritarian assholes suppress any thoughts that aren't their own.

And now, for your reward for being a traitor, a civil rights denying supressionist asshole:

Obama Policies Will Bankrupt USA

- This just in, March 23 2009 Chinas central bank on Monday proposed replacing the US dollar as the international reserve currency with a new global system controlled by the International Monetary Fund [ft.com]

- Russia too: It is necessary to work out and adopt internationally recognized standards for macroeconomic and budget policy, which are binding for the leading world economies, including the countries issuing reserve currencies - the Kremlin proposals read. [en.rian.ru]

- President Barak "The Teleprompter" Obama is deeply connected to corruption, Rahm Emanuel (Radical authoritarian Statist whose father was part of the Murderous Civilian Killing Israeli Terrorist Organization known as IRGUN), Connected to Rod Blagojevich (Rahm inherited Rod's federal-congress seat), Connected to Ayers, a man who promotes the concept that civilian collateral damage is ok in a war against freedom, Preacher Jeremiah Wright, who is himself a black-elitist who wants all the people who largely "pay the freight" to suffer, 31 million on food stamps, more blacks are in prison and on food-stamps per capita than anyone else. The problem with Wright is simply this: the facts are "racist."
- Obama: Racist, AIPAC-bootlicker, Corrupted to the bone Chicago style and a Traitor to the US Constitution and a Liar whose real "legal" name could very well be Barry Sotero and an Indonesian citizen (The US does not allow plural citizenship) (If you care, not that it matters anymore under a Lawless Authoritarian Totalitarian Regime, you can see more here at an aggregator; obamacrimes.info [obamacrimes.info] )
  - Raytheon lobbyist in Pentagon, lots lobbyists getting exemptions even though he promised not to have them.
- Goldman Sachs insider second in command at Treasury. Bumbling tax cheat idiot in "command" of Treasury with 17 positions unfilled as of late March 2009.
- Cabinet has had several nominees and appointees with multiple tax fraud issues.
- Lied about having a new degree of accountability and a SUNSHINE period of new laws, he has signed bills with little or no review at whitehouse.gov as promised.
- Appointed a second amendment violating Rich-pardoning treasonist Eric Holder as AG, the top cop of the USA, a man who helped a fugitive evade justice.
- Has not put a dime in for a single new nuclear power plant but wants to help bridges and roads to promote more driving.
- Obama, Blagojevich and Rahm Emanuel have a LOT to hide. They literally lived next to each other, Rahm had (until being Chairman Obama's Chief of staff) Blagojevich's old federal congressional seat. Blagojevich helped Chairman "The Teleprompter" Obama cheat his way to the Illinois senate by getting other candidates thrown off the ballot in Illinois. Why do you think Blagojevich was so mad? Obama DID owe him, big time. Rahm and Obama are using Blagojevich and trying to cut his head off to keep him away.
- Tony Rezko, Iraqi Arms Dealer Nahdmi Auchi, and of course Aiham Alsammarae. Chairman "The Teleprompter" Hussein Obama is so corrupted its a joke.
- Fools and "useful idiots" twist the pie charts by leaving welfare, workfare, interest on debt, social security, Medicare and Medicaid out and focusing only on non-whole "discretionary" pie charts.
2007 high level pie chart, Federal Budget, USA [wikimedia.org]
2009 Pie chart, detailed, Federal Budget, USA [wikimedia.org]
- Chairman Obama is drastically increasing spending and creating more entitlements that will make the US less competitive (especially against China, India, East Europe/Russia). This will be a huge disaster and change you can believe in will strap you and your grandkids with more debt. No taxation without representation? Obama is spending money for the next two-three generations and they can't even vote yet, or even have been born.
- An alternative to the dollar and a forex and a reserve currency came up at the last G20 meeting. The world will not take faith in Obama's liar-socialist spending and welfare state, why should the taxpayers (plebian citizen-slaves of a police state).
- The spending going on now vastly eclipses all previous spending. In fact, the massive trillion plus debts is a thing of the 80's onwards. Congress signs the checks, remember that Year after year, as egregious as the pentagon spending is, that the social spending is completely a waste of money and it is unfunded over the long term. Eisenhower built the interstates, the US could build a new power infrastructure with this money but instead is being pissed into creating more of an entitlement system that is STILL unfunded, and without massive poll-taxes and far more aggressive progressive taxes, could NEVER be funded.
- The budgeting being done today were recently reported by a non-partisan auditing commission will lead to about 10 TRILLION in new debt over the next 10 years. Obama is going to double the national debt while doing nothing to address the unfunded debt obligations of Social Security.
- Clinton appointed David Walker of the GAO, he quit, the unfunded debt obligations have rendered the USA insolvent according to accounting standards.
Taxpayers on the hook for $59 trillion [usatoday.com]
US Public Debt Unfunded Debt Obligations [wikipedia.org]
- Most of the world population gets NOTHING from their governments, or a very bare minimum or services that benefit only the upper echelons of society. However, the liar Chairman Obama says we need his universal "state-hospital" rationed health care to be competitive. Bull. China and India give nothing, and they are the biggest threat to the American worker. By forcing healthcare and higher taxes, Americans will be less competitive.
- If you think 60% tax rates end to end (income, accounts receivable tax, building permit tax, CDL tax, cigarette tax, corporate income tax, dog license tax, federal income tax, unemployment tax, gasoline tax, hunting license tax, fishing license tax, waterfowl stamp tax, inheritance tax, inventory tax, liquor tax, luxury tax, Medicare tax, city, school and county property tax (up 33 percent last 4 years), real estate tax, social security tax, road usage tax, toll road tax, state and city sales tax, recreational vehicle tax, excise tax, state franchise tax, state unemployment tax, telephone federal excise tax, telephone federal state and local surcharge tax, telephone minimum usage surcharge tax, telephone state and local tax, utility tax, vehicle license registration tax, capital gains tax, lease severance tax, oil and gas assessment tax, misc internet sales tax and many more taxes that I can't recall at the moment) will make the US competitive, along with compulsory programs to provide everyone with health care is going to make the US competitive in the age of India and China, you are a joke.
- As the US nationalizes (read: rations healthcare) to the least common denominator of affordability without regard to efficacy, people with money will simply look into medical tourism so those with money can go to medical parks in India and get real health care. Those who have lived in Canada or in the UK can tell you "free" healthcare is NOT a panacea. If you think this, you are again, a useful idiot. The NHS in the UK has given bad blood and Hepatitis and AIDS blood to people, and Jade Goody who just died was misdiagnosed twice resulting in her death (She was all cleared twice of cervical cancer which she just died of). The NHS in the UK is not able to be sued or held accountable. Neither will Chairman Obama's rationed health care service for America.
- Sorry to bust the socialist bubble-lie, but support of these types of policies will simply lower the standard of living in the USA, particularly for the middle class. At least at the end of the Eisenhower projects the USA got roads to show for the spending, and with this new spending, the USA could have built power plants that get the USA out of the middle east, but the age of government for the sake of government is upon us, and the useful idiots line up and believe empty promises.
The pentagon (and Bechtel, Kroll, Bluewater, Halliburton, etc) could get less than half of what they get today, but that will fix nothing fundamental in terms of government spending. It is simply not enough to make a difference when compared to the Medicare, Medicaid, welfare, workfare and social security entitlements.
See: YouTube - US Government Immorality Will Lead to Bankruptcy [youtube.com]
- If Obama thinks its ok to lie to 300 million people about being able to "take care of them" without even being honest about what that care would look like, then being an idiot and believing in Obama is for you.
- The head of the IRS and the head of the Treasury, Geithner, is a Tax Cheat
- Lied about no lobbyists - their numbers are growing.
- The US Government already have over 50% of the budget on Medicare, Medicaid, welfare, workfare and social security. Socialists: Good job on that one, its working great. Solution to the current near-collapse-due-to-over-spending: add more unfunded entitlements!
- You Socialist-liars can break my spirit and my financial back to force me to "need" a federal government that is turning this country into a police state and turn it into a quasi-socialist lie, but I will, I must put up a fight. I have kids to educate and feed, and the stuff you sell (which is failing to various degrees everywhere else as implemented) is simply forcing a culture of failure on a once great, libertarian free country.
- I will not be complacent with your "change," and there will be a point where civil war will become an option. See how hard you can push before you get it. How much more than half can the truly productive workers in this country afford to pay. Keep pushing to find out how to start a civil war.
- The socialist-lie of a plan will not work, its not fundable, it WILL destroy the currency to fund it, and its really as simple as this: if this insanity is funded by borrowing from the US's economic and military adversaries then Obama and his socialist cabal is NOT fit to administrate society. Rome fell. Kings who mis-manged their treasuries all fell. Every example of unhinged spending leads to the same result: systemic collapse.
- Obama and his sycophantic lunatics would want to have a civil war to get Chairman Obama's way and force the socialist-lie system on my already tax paying law abiding ass. And as far as "no new taxes" for those under 250k, its a lie, the tax is called inflation, which is set to begin just about now that the Chinese wont want the USA's worthless treasuries to fund the socialist-lie fantasy (one that COMMUNIST China doesn't even try and sell to its people!)
- Chairman Obama's numbers don't add up. There is a $59 trillion dollar hole (UFDO) in social security alone. AIG $150 billion here, TARP $350 billion there. $800 billion for a highly dubious stimulus package. Another one on the way. $59 trillion hole in the balance sheet IGNORED. China saying they aren't going to buy treasuries, Clinton clamoring to find buyers now. $3.6 trillion dollar budget, potential military action on Mexico, Iran still a "terrorist state" at the behest of the AIPAC, spending up, dollar about to fall, inflation over time since Breton Woods extremely easy to document, yet, the socialist-liars question when the numbers (the Federal Government numbers) simply don't add up to the point where if the US-GOV was a company it would be insolvent.
  -How dare the taxpayers question what Chairman Obama's drastic spending increases are going to do to the purchasing power of our savings because Chairman Obama wants to recklessly spend and try to maintain and American empire AND guarantee a standard of living, and Chairman Obama doesn't even want to build a single nuclear power plant to do it? Chairman Obama must be a complete and total lunatic moron.
- Obama is either a negligent idiot or an unhinged maniac with delusional fantasies. Meanwhile, Chainman Obama's tax dodging Treasury Secretary has 17 unfilled positions, the Treasury Dept. isn't even functioning at this point.
- "General welfare" in the constitution was, according to the man who wrote it, Madison, meant to be extremely limited in scope. The federal government per the constitution doesn't even have the enumerated POWER to deal with economic messes. A lot of these "POWERS" were created while there is a crisis to dupe the public into accepting an un-constitutional authoritarian regime as the government and to usurp authority over the people.
- The USA is a constitutional republic. A democracy is two wolves and a sheep voting to eat a sheep. Also a constitutional republic isn't about using a barely-majority or a plurality to stuff your (un-fundable disastrous) crap down the disenfranchised other-half's throat.
- With Obama's authoritarian corrupted criminal (aiding and abetting a criminal in flight of prosecution, Rich case) Eric Holder in charge, we won't have our inalienable and enumerated rights to firearms much longer. For a constitutional law expert, Obama must have never read the federalist papers or he would simply hand himself as a traitor.
- The arbitrary expansion of "general welfare" is not only unconstitutional, it may very well lead to a serious conflict on the issue.
- Here is a debate on general welfare and how stuff like this came to pass, but was clearly no intended by the authors of the document of root law.
In Federalist No. 41, James Madison asked rhetorically: "For what purpose could the enumeration of particular powers be inserted, if these and all others were meant to be included in the preceding general power?" (In reference to the general welfare clause)
So strongly did the founders believe that "general welfare" wouldn't be expanded as written:
In Federalist No. 84, Alexander Hamilton indirectly confirmed Madison's point. (That the "general welfare" clause was "clearly" nota free pass for government)
Hamilton argued that a bill of rights, which many were clamoring for, would be not only unnecessary, but dangerous. Since the federal government was given only a few specific powers, there was no need to add prohibitions: it was implicitly prohibited by the listed powers. If a proposed law a relief act, for instance wasn't covered by any of these powers, it was unconstitutional.
"why declare that things shall not be done which there is no power to do? Why, for instance, should it be said, that the liberty of the press shall not be restrained when no power is given by which restrictions may be imposed?"
Hamilton goes on to argue that making Amendments (e.g., enumerating Free speech, press and assembly) and enumerating the 'right' would have the following effect:
(A bill of rights) "would furnish, to men disposed to usurp, a plausible pretence for claiming that power that is, a power to regulate the press, short of actually shutting it down. "
"With respect to the words 'general welfare,' I have always regarded them as qualified by the detail of powers (enumerated in the Constitution) connected with them. To take them in a literal and unlimited sense would be a metamorphosis of the Constitution into a character which there is a host of proofs was not contemplated by its creators." --James Madison [The US Supreme Court has found the meaning of "general welfare" in the Constitution to be much more elastic than did Mr. Madison. But as the "author of the Constitution," what does he know?]
James Madison, when asked if the "general welfare" clause was a grant of power, replied in 1792, in a letter to Henry Lee,

If not only the means but the objects are unlimited, the parchment [the Constitution] should be thrown into the fire at once.

"...We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed. That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it...it is their right, it is their duty, to throw off such Government , and to provide new Guards for their future security. ...--The Declaration of Independence
- Wrong, monetizing failures causes more. Japan showed us this for decades. But hey, Chairman Obama thinks you can fix a problem DECADES in the making with a quick fixer-upper, he is screwed in the head.
- The complaints are with the Federal government (in general) since Breton Woods. The Federal Government and Obama's minions STILL didn't listen to David Walker, a Clinton appointee and former head of the GAO. This isn't about political parties anymore morons!
- Show me a single federal budget that was less than the previous. If this $3.6T budget goes, its never coming back barring systemic collapse.
- The United States Federal Government, The United States Federal Reserve, and the banks which were enabled to continue down reckless paths by a quasi government agency known as the Federal Reserve whose actions are not subject to congress and whose members are unelected. This situation is untenable and unconstitutional.
- Every inflationary road taken in history ends in collapse. Keynesian policies are widely regarded as no longer workable.
- Inflation is a tax: What ignorant tax and spenders don't take into account here is the relative percentages of people's wealth (both net and gross) and the costs of owning and maintaining houses, cars, standards of living.
- Inflation via deficit spending is going to make it such that you will be paying a lot more by percentage of your income to maintain a given standard of living. Obama's arguments are so poorly thought out and seek to blame "Republicans" for the mess, its really simply laughable - the needs cleanup now, not worsening.
- You can't spend your way out of a hole if the creditors (e.g. China) start telling the USA they won't buy. It is that simple. Now America starts to have to collateralize the debt with assets. The USA will be selling off chunks of American assets to back the new debt. One day, it may even be necessary to sell Alaska back to Russia because no one will take greenbacks to prop up a failing version of a modern Rome.
- Ah, here we go with the Matthew Lesko arguments. [lesko.com]
Interest rates were on the rise before the government stepped in with free money for everyone (the fine print of course indicate massive strings attached).
Other economies, for example, India, have the central rates set to far more reasonable/realistic rates (at the moment ~ 8+%), which is still tends to be too low, but shows that if you need someone else capital you need to pay a premium for it, and given that capital is in short supply, it would stand to reason that a premium must be charged for it.
The problem is the unrealistic growth rates of mature economies don't allow for profiting via growth projections (rather than simply earning money). So the government steps in, turns on the free money spigot, gets the interest rates for savings down in the 1-2% range while diluting the value of the whole currency in order to prop up dying companies that ran the business like a Madhoff Ponzi scheme.
- The Republicans aren't solely responsible for the crisis as Obama's minions would have you believe, congress is (no particular congress), the Executive of the US government (no particular one) and the US Federal Reserve System are all at fault.
- Fundamentally, the government is trying to fix the prices of various things to "make it all work." This pulling on the invisible hand is a fools venture. It was predicted long ago the housing collapse (and those, such as myself, in the know, wished while realizing the housing collapse coming that we were wrong for everyone's sake - but the truth is the truth) . It may be that the Austrian (von Mises) economists will ultimately be proven right.
- We are a nation of partially educated whiney grabby idiots, and we got the government that represents this. The Chinese, India and other up and coming nations will show no mercy for this arrogant abuse of our status as the world's forex reserves.
- War and asset sales will continue to be the only option for this scheme until it is corrected at the core. And to say that the government has already averted a depression by doing what they did (most of the monies injected wont be "felt" for some time), is just arrogance and stupidity. Price fixing prolonged the Great Depression. Price-fixing (or attempting to) houses will do the same, but probably worse.
- Obama's minions simply don't care if the US is bankrupted and rendered insolvent, they just want a say in how its done, presumably to "feel safe." Rather selfish.

"They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety." AND "Those who would give up Essential Liberty to purchase a little Temporary Safety, deserve neither Liberty nor Safety." -- Benjamin Franklin (Possibly Richard Jackson)

- Everyone better realize that inflation will pay a major role in funding un-fundable fantasies, wiping the savers and the middle class out. The problem is, that other countries are growing tired of making our Federal Reserve notes worth something by buying our debt as treasuries. Obama's minions talk about spending, but in order to "get what YOU want" you will sell debt to potential economic and military adversaries? Real bright. What's really sad is that despite David Walker being an authority on these issues, people refuse to even watch him and listen to what he is saying.
- On the success of Canada and its form of Socialism: A huge country like Canada with massive amounts of uranium and tar sands and natural resources and a huge land mass with a scant 30 million people is an order of magnitude less of a problem to manage than a country with 10x its population, a serious leaky southern border, backfiring aggressive foreign policy, particularly with Iran, and the US is competing with countries like India and China whose middle classes are larger than the US's entire population. The top 5 students in every Indian and Chinese primary school out numbers all the kids in primary school in the US. Canada is a idyllic island, the USA is front and center in an all out economic and political clash of ideologies.
- Cap and trade (and pollution control for solving global problems) will never work unless the top 10 countries in the world (in terms of both GDP and manufacturing capacity and population) are on board. Period end. If the world doesn't quickly move to nuclear now and fusion shortly, it is OVER possibly not if every home on the planet gets a wind vane, but that seems unlikely to happen (since its possible now).
- Keynes calls it "the paradox of thrift" and suggested that policies forcing people not to save is a "good idea." The guy wanted people spending all the time, or if he didn't, he never conveyed that to his protégés well enough for them to not do what they are doing. Right now the plebeians in the US are actually stashing cash, and everyone from Obama to the media is trying to get people to spend spend spend. The best thing for the long term is for people to prepare for the coming hell, not set out with no reserves.
- I have seen Keynes invoked to justify nearly every bad move in the past decade, and its warming up to be a potential currency collapse, the collapse of the US Treasury and Federal Reserve notes, and a collapse of the NYSE. And then they invoke Keynes to suggest the best way out of the mess is to spend out of an already near-critically debt massed black hole.
- A house is run like a town is run like a country or business is run like a state is run like a government. If there are things the government is doing that would either force your home into bankruptcy or into jail via fraud charges, then the government and banks shouldn't be operating in that fashion. A certain degree of stretchy liquidity is in order, but in terms of percent of GDP, there is no way of justifying what they US has now.
- Iceland failed at 850 percent debt to GDP. The US is at 350 and rising. It is not a good thing at all.
- What is happening to the dollar as a forex standard. [youtube.com]
- March 19, 2009 C-SPAN - "Let's Quit Destroying Our Dollar!" [youtube.com]
- HR 1207 (A bill to make the Fed more accountable and to answer questions regarding the dollar policy) [loc.gov]

Title: Obama sidetracked by fiscal mess, but presses on [yahoo.com]
"Being heard above the din may prove difficult. Lawmakers are wrangling over taxing people who got big bonuses and worrying the president's budget could generate $9.3 trillion in red ink over the next decade."
- Kremlin to pitch new global currency [infowars.com]
Russia proposes creation of global super-reserve currency

Holy crap, even the Russians and Chinese get it. Strange days are here.

Re:ugh (4, Insightful)

Plutonite (999141) | more than 5 years ago | (#27324285)

Look, we don't hate you for what you write - it may well be true. It just has nothing to do with this story, OK? It really is offtopic. In fact I agree with a lot of what you wrote (and disagree with some twisted facts too) but I think the moderators are right modding you down to hell, and maybe banning your IP range. You are annoying people. Annoyed people don't listen. Find a forum to discuss this in a sane way and people might listen.

Re:ugh (0)

Anonymous Coward | more than 5 years ago | (#27324539)

Keep posting this, AC.

Re:ugh (2, Insightful)

cez (539085) | more than 5 years ago | (#27324657)

lmao, you had me at:

If you wanted the trolling to stop, let a troll per week post a front page story or something.

now I'd subscribe again for that. It would have to be lottery style or something mad random... way too many trolls out there with too much time on their hands.

That Anon poster thinks like a ReThuglican Jew (-1, Troll)

Anonymous Coward | more than 5 years ago | (#27324181)

I know it is so irritating that that Anon poster thinks like a ReThuglican Jew

Hrm (5, Interesting)

Niris (1443675) | more than 5 years ago | (#27323945)

Am I the only one hoping this thing turns out HUGE? It'd be interesting to see what happens.

Re:Hrm (1)

perryizgr8 (1370173) | more than 5 years ago | (#27324267)

yeah, it will be good for the future of computers as well. all the idiots who click on 'allow' when the background dims without reading are going to get fucked up.

Re:Hrm (1, Funny)

Anonymous Coward | more than 5 years ago | (#27324271)

Anti-virus software becomes live CDs that require a reboot to use. When you run it, it either replies "Your computer is fine" or "You must reinstall Windows".

Re:Hrm (3, Funny)

tuxgeek (872962) | more than 5 years ago | (#27324273)

I'm sure there are a variety of *nix users out there anxiously waiting on the sidelines with popcorn and a soda ready for the show to begin.
We can only hope for some explosions to make it interesting.

Re:Hrm (5, Interesting)

toonces33 (841696) | more than 5 years ago | (#27324391)

Yeah, until we get the phone call from someone who needs help disinfecting a Windows machine. Then it isn't quite as entertaining. I am of the opinion that the internet is dying, precisely because of stuff like this. It just gets worse and worse every year, bandwidth requirements for spam and other garbage keep climbing, and nobody has a plan for how to shut these things down once and for all.

Learn to say (1)

ethana2 (1389887) | more than 5 years ago | (#27324833)

'no.' Let the show begin.

Re:Hrm (0)

Anonymous Coward | more than 5 years ago | (#27324323)

That joke's funnier when your wife tells it.

Tactics? (4, Insightful)

nubsac (1329063) | more than 5 years ago | (#27324029)

It seizes to amaze me as to why they would make this public, 8 days before conficker is "supposed" to become active.

It's like telling your enemy "Hey, I know where and when your going to strike"

We know it's capable to updating itself, this just gives the author an 8 day head start on writing a new pseudo random URL generator.

Re:Tactics? (0)

Anonymous Coward | more than 5 years ago | (#27324049)

Hate to be a grammer nazi, but it is supposed to be: "It doesn't cease to amaze me..."

Re:Tactics? (2, Funny)

Anonymous Coward | more than 5 years ago | (#27324073)

"grammer" nazi?

Re:Tactics? (0)

Anonymous Coward | more than 5 years ago | (#27324111)

Rule one for being a grammar Nazi, spell grammar right.

Re:Tactics? (0)

Anonymous Coward | more than 5 years ago | (#27324115)

Shouldn't it be "It never ceases to amaze me..."

Re:Tactics? (1)

ninjapiratemonkey (968710) | more than 5 years ago | (#27324087)

It's been public knowledge since they first discovered the "C" variant. This is just an update on what's being done about it.

Re:Tactics? (0)

Anonymous Coward | more than 5 years ago | (#27324107)

*ceases, and it's used incorrectly. "It amazes me that they would make this public" would be clearer I think.

Re:Tactics? (1, Insightful)

Anonymous Coward | more than 5 years ago | (#27324249)

People misusing ceases irritates me almost as much as people saying "I could care less". That's all well and good, if you care a great deal about something, but what people mean when they say it (and Americans are the guiltiest of all when it comes to this) is "I couldn't care less".

Re:Tactics? (1)

Amazing Quantum Man (458715) | more than 5 years ago | (#27324821)

Unless they mean "I could care less [... if I really, really tried hard]".

flag: Grammar nazi (0)

Anonymous Coward | more than 5 years ago | (#27325105)

grammar nazis are a buzz kill
This is a friggin blog.
No body is writing laws or contracts here.
If you don't understand something, then ask for clarification.
Your derision is self-righteous and not very friendly. This is a discussion on Conflicker not on Grammar.

Re:Tactics? (0)

Anonymous Coward | more than 5 years ago | (#27324109)

CIRA can never be accused of being particularly bright.

Re:Tactics? (1)

Kral_Blbec (1201285) | more than 5 years ago | (#27324279)

Hey, I in ur baze iz an im taken ur domainz...

Re:Tactics? (2, Informative)

kbahey (102895) | more than 5 years ago | (#27324651)

Yes, it should have been done quietly. Perhaps it is a PR thing "our .ca domains are not vulnerable"? Who knows.

As I >pointed out [slashdot.org] in another comment, the author(s) scan all the info about Conficker and then modify it to protect itself against the defenses. They did that by releasing the C variant to select domains out of a random number of 50,000 total, after the initial 250 got outed in B.

I bet that there will be a D variant shortly before April 1st, and it will have more defenses and convolutions.

Interesting to watch this unravel nonetheless.

Re:Tactics? (4, Informative)

qengho (54305) | more than 5 years ago | (#27324673)

It seizes to amaze me as to why they would make this public, 8 days before conficker is "supposed" to become active.

Assuming English isn't your first language: "It never ceases to amaze me" is what you meant, i.e. "I'm always surprised."

Re:Tactics? (3, Interesting)

grcumb (781340) | more than 5 years ago | (#27325063)

It seizes to amaze me as to why they would make this public, 8 days before conficker is "supposed" to become active.

It's like telling your enemy "Hey, I know where and when your going to strike"

We know it's capable to updating itself, this just gives the author an 8 day head start on writing a new pseudo random URL generator.

Others have already answered to the effect that publicly coordinating actions doesn't significantly raise the exposure in this particular case.

But going beyond that, are you sure that they're not manoeuvring in the face of the enemy, trying to elicit a response? Once you've got a subject under observation, sometimes the best way to learn its true nature is to poke it and see what it does.

Source code (2, Insightful)

ManuelH (1303433) | more than 5 years ago | (#27324101)

Anyone knows where can I take the Confiker source code? Must be enlighting!

Re:Source code (1)

digitalunity (19107) | more than 5 years ago | (#27325055)

I'd pay even for just the comments, assuming the developer had the sense to make his code maintainable.

April Fools!!! (5, Funny)

gsgriffin (1195771) | more than 5 years ago | (#27324139)

is all the worm pops on the screen and does. Now how much money did you spend trying to ward off this script? That will be the real joke.

Can't somebody just... (1)

ninjapiratemonkey (968710) | more than 5 years ago | (#27324147)

Can't somebody just upload their own code to one of said targeted sites? From what I've heard, the virus checks all sites on its list. So anyone could just upload some code to disable the virus, assuming it contacts their site first. Other than the fact that it's probably illegal to do that, even to disable the virus, why hasn't anyone tried this? Like in another country where it wouldn't be illegal? I'd imagine that no one would push for a criminal case against someone who stopped the worm...

Re:Can't somebody just... (2, Informative)

Sir_Lewk (967686) | more than 5 years ago | (#27324205)

No. Conflicker will only download/run cryptographically signed code.

Re:Can't somebody just... (0)

Anonymous Coward | more than 5 years ago | (#27324233)

According to this: http://mtc.sri.com/Conficker/addendumC/index.html

Conficker.c checks for a signed binary before applying the code, so no, the scenario you described would not work

Re:Can't somebody just... (1)

ninjapiratemonkey (968710) | more than 5 years ago | (#27324311)

I hadn't heard that before, so thanks. Is this true for all variants, or just the C variant?

Re:Can't somebody just... (1)

petermgreen (876956) | more than 5 years ago | (#27324243)

IIRC the authors were smart enough to use digital signatures to protect against that.

Re:Can't somebody just... (1)

X0563511 (793323) | more than 5 years ago | (#27324339)

... which makes me worry about what else might be in store.

They are already way past the script-kiddie stage.

Re:Can't somebody just... (0)

Anonymous Coward | more than 5 years ago | (#27324309)

it makes sure the updates are signed correctly, and ignores ones that aren't

lost (0)

Anonymous Coward | more than 5 years ago | (#27324231)

I have lost the instructions on how to put a greased yoda doll up my ass can ne1 halp thnx

Re:lost (0, Offtopic)

X0563511 (793323) | more than 5 years ago | (#27324359)

1. Pre-stretch anus.
2. Apply lubricant to Yoda doll.
3. Insert into anus.
4. Remove from anus.
5. Repeat step 3 (and 2 as needed) and 4 as desired.
6. Burn in troll hell.

Helps, but not much ... (4, Informative)

kbahey (102895) | more than 5 years ago | (#27324379)

I saw the article today on CBC (Canada's equivalent of the BBC).

This effort may help, but given that the worm has so many other TLDs to choose from, it may not help much. Making the 110 TLDs only 109 (or even 75 if other TLD authorities do the same) will not help that much.

Moreover, there is another mechanism which is not very clear, whereby the infected nodes will contact each other via a See Peer to Peer protocl [sri.com] . So, once the botnet gets going, the need for the domain name (so called "Internet Rendevouz points") may diminish.

Also, the article contains some inaccuracies:

"... expected to launch its attack once the system date on an infected machine is on or after April 1, 2009".

Actually, the worm author(s) are aware that the user may change the clock of the PC to avoid the worm from triggering. So they query several well known sites and check the date/time on the HTTP headers to make this defense point moot. See Internet Date Checking [sri.com]

"... will try to generate and connect to 50,000 web URLs a day ..."

It will query only 500 out of 50,000 generated domain names. See the domain generation algorithm [sri.com] .

I bet there will be a revision D shortly before April 1st, and the author(s) will address many of the potential defenses in revision C.

Re:Helps, but not much ... (5, Funny)

Dr. Cody (554864) | more than 5 years ago | (#27324577)

I saw the article today on CBC (Canada's equivalent of the BBC).

Well, that would certainly explain the "C," wouldn't it?

Re:Helps, but not much ... (0)

xSquaredAdmin (725927) | more than 5 years ago | (#27324991)

Not really, it's there in both names. ;)

What's in a name? (3, Funny)

schmidt349 (690948) | more than 5 years ago | (#27324509)

I think I've heard every lexically significant variation on the name of this damn worm by now. I have no idea what "Conficker" actually means or to what it refers, but so far on this thread people have called it "Conflicker," "Cornflicker," and best of all "Cornfucker."

I think another name for it is "Downadup," which I always read as either "Downandup" or "Download a Duplicate."

Who gets to name the worms? We know that this one employs neat tricks like code signing peer-to-peer driven software updates and that it might be used for a sort of "evil Google" that people can use to data mine financial stuff and so on. Couldn't we lobby for a more rational taxonomy, so we could call this one "Cryptographically Labyrinthine Internet-Traveling ORganized Information Stumbler?"

Re:What's in a name? (1)

icannotthinkofaname (1480543) | more than 5 years ago | (#27324799)

I have no idea what "Conficker" actually means or to what it refers

It sounds like the English word, "configure." Also, "ficken" is German for "to fuck", so one would imagine that, like any good piece of malware, it fucks with your configuration.

I forget where I read that, so [citation needed]. Sorry. I swear, I saw it on Wikipedia, but it's not there now....

Re:What's in a name? (1)

mail2345 (1201389) | more than 5 years ago | (#27324823)

Conficker means
Configuration(conf) F*cker(ficker).

And yes, the fs are overlapping.

Re:What's in a name? (1, Funny)

cez (539085) | more than 5 years ago | (#27324887)

Bad idea, the CLITORIS can not be found by man... certainly not a slashdotter.

Big big pain in the butt! (0)

Anonymous Coward | more than 5 years ago | (#27324537)

The post-secondary institute, where I teach at, has been fighting this worm for the past two weeks. They've had to go to each computer in person to disinfect it - that is thousands of computers. It is not a fun time in the IT dept. The worm tries a brute force password attack against usernames it finds on the infected PCs. The security at the institute is set up if you fail at 3 login attempts then the user is locked out for 20 minutes. The result was that students and staff were being randomly locked out of the system throughout the past week due to the worm's brute force attack on a PC that they had once logged in to at a class, the library or lab. It appears it was spread through the use of USB drives. So all staff laptops and usb drives had to be manually checked and disinfected.

The obvious question (1)

symbolset (646467) | more than 5 years ago | (#27324989)

Have you tried OS-X or Ubuntu? I heard they're not prone to this sort of thing.

Cryptographic Signing, Peer to peer (1)

Demonantis (1340557) | more than 5 years ago | (#27324615)

Sound like this worm has some significant financial backing. Whats even more crazy is a patch has been sent out for the worm already by Microsoft and people are still having issues.

i just got off the toilet (1, Funny)

Anonymous Coward | more than 5 years ago | (#27324739)

i shit out an obama, stimulus plan and all!

plop!

Re:i just got off the toilet (0)

Anonymous Coward | more than 5 years ago | (#27325075)

Yeah it was opalised by the Grand Dragon wasn't it?

Seems like a futile attempt (4, Insightful)

billcopc (196330) | more than 5 years ago | (#27324943)

It's cute that they're trying to preempt the worm, but to be effective they pretty much have to disable ALL potential domains. Miss one, and the worm will find it.

What I don't get is how people can still be surprised/impressed/scared by these things. Today's viruses have little in common with their elegant, obfuscated ancestors. Any twit can assemble a "virus" by tapping into the OS' libraries. Today's worms are essentially package managers, so anything you can do with legitimate software like emailing, flashing your BIOS or opening ports on your firewall, a virus can do the same things. It simply has to talk to its software repository, pull down the pieces it needs and proceed with its dirty deeds.

Hell, a tiny perl script could turn standard tools like Yum and Emerge into virus delivery agents. They already possess all the required functionality...

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