Tag Archives: Bernie Madoff

AND YOU THOUGHT BERNIE MADOFF WAS A CRIMINAL

antscrewedBookmark and Share       Maybe, just maybe Republicans are getting back on track.
Not a single Republican in the House of Representatives voted for the $819 billion so called economic recovery package.

For that I am proud.

I am proud of the fact that Republicans objected to what is the largest bill of its kind in history. A bill that is suppose to be considered a stimulus package but is actually a liberal spending program that is filled with pork, patronage and pathetic excuses.

More than 70 percent of all the spending that was approved in this bill should have been individual expenditures that were taken up, debated and voted on in their own right.

Most of the spending in this historic bill is not at all related to stimulating the economy and that which is designed to stimulate the economy will not take effect for years as is the case for monies dedicated to highways and school construction.

The non-partisan Congressional Budget Office states “much of the stimulus may not come until after the economy has begun to recover”.

According to the C.B.O. $5 billion of the $30 billion set aside for highway spending would be spent within the next two years. About $2.6 billion of $18.5 billion for renewable energy programs would be spent by then. About $907 million of a $6 billion plan to expand broadband access in rural and other underserved areas would be spent by 2011.

In the mean time where is some of that money immediately going?

Well $335 million is going towards the prevention of sexually transmitted diseases, $2.4 billion is going to a cap on carbon transmissions, $16 miliion for a smoking cessation measure, $50 million to the National Endowmnent for the Arts, $1 billion to Amtrak, $7.7 Billion to federal buildings, $600 million to federal cars and $400 million is going into the studying of global warming.

That does not include a myriad of personal pet projects that Democratic lawmakers are pumping into their own districts to help assure their reelections nor does it include the overnight doubling of the department of Educations budget.

This is not stimulus it is social engineering.

Under the auspices of an economic emergency Congress just approved the delivery of the worlds largest Christmas gift. Of course like everything else Congress does, it is late but to make matters worse it is defective.

For those of you who thought that Bernie Madoff’s ponzi scheme was a scandal of epic proportions, well you just witnessed a government ponzi scheme that makes Madoff’s offenses seem like petty theft.

Very little of what this program was meant for is what it is going towards. Very little.

So I am proud of congressional Republicans. They stood together and they stood on principle and voted against this federal economic scam. I only wish they kept their principles when they were in control of Congress and held the majority. If they had, perhaps today they would still be in control of the house.

As for liberals, had they scaled this scam back and put the money into infrastructure development and other operations that would have trickled out into the private sector and created jobs through the private sector, it would not be a scam and I might say that they were on the right road to recovery. But they didn’t. Under their leadership and design this stimulus package has little to do with stimulus and everything to do with expanding the size of government, expanding government programs and increasing government control .antscrewed3

On top of that, does anyone not see how much of this money will be wasted and unaccounted for?

The government is going to spend it. The same government that could not monitor the lending practices of their own FannieMaes or FreddieMacs. The same government that loses 20 cents on every dollar that they spend .

Ladies and gentlemen, we have just witnessed the world’s greatest and most elaborate crime. Without a single call to the police we just wittiness 244 Democrats in the House of Representatives rip us all off.

Those of you liberals who approve of this crime may claim that Republicans created the need or opportunity for this scandal to arise. You will claim that Republican policies got us here but I can assure you that Republicans did not create the crisis and after this vote, we did not make it worse.

Much of the economic crisis that we are experiencing was ushered in not because of the low unemployment rates that existed for the past 6 of the last eight years. This problems was ushered in by a banking crisis that largely began after an over inflated housing market bubble burst. The inability to pay back loans in this area created a tightening of the lending markets and that tightening cut off the flow of money as we knew it.

Much of the problem could have been avoided if Barney Franks and Chris Dodd took John McCain’s advice and reevaluated our lending practices and if we put a stop to the Clinton initiatives which forced banks to hand out sub prime loans to people who could not afford to pay these loans back, but they didn’t.

So here we are today, witnessing the same people who created the problem offer up their solution to the problem.

Well ladies and gentlemen they didn’t solve anything, they simply made the problem worse and robbed us blind in the process.

It just goes to show you that even getting screwed these days costs a lot more than it used to.

Photobucket

punchline-politics

Dear Abby, My husband is a lying cheat. . . .

. . . He tells me he loves me, but he has cheated our entire marriage. He is a good provider and has many friends and supporters. They know he is a lying cheat, but they just avoid the issue.

He is a hard worker but many of his co-workers are leery of him.

Every time he gets caught, he denies it all. Then he admits that he was wrong and begs me to forgive him. This has been going on for so long, everyone in town knows he is a cheat. I don’t know what to do.

Signed Frustrated

————————————-

Dear Frustrated:

You should dump him. Now that you are a Secretary of State, you don’t need him anymore.

Submitted by Marianne, Columbia, Md.

RedWhiteBlue.gif picture by kempite

 antcap1234

RedWhiteBlue.gif picture by kempite

ALSO

Help Shape New Jersey’s Republican Comeback In Jersey. Draft Senator Jennifer Beck for Lieutenant Governor.

Bookmark and Share
Advertisements

Leave a comment

Filed under politics

CORZINE TAKES NEW JERSEY FOR A RIDE….On the Hindenburg

 

Governor Jon Corzine

Governor Jon Corzine

Governor Jon Corzine has declared that he is slashing New Jersey’s budget by as much as $812 million in order to close in on the state’s $2.1 billion budget gap.

Wow, a whopping $812 million dollars. That will do a lot. Well not really. But I guess Governor Corzine knows what he is doing. I mean after all, he is a Wall Street genius and we all know how smart those Wall Streeter’s are and he did have a golden parachute that earned him $4oo million dollars after he got pushed out of Goldman Sachs.

So maybe his $812 million in budget cuts are smart. I am not too sure though.

 When Jon Corzine first came to Trenton, in just six short months he increased taxes in New Jersey by almost $2 billion dollars. This happened after he ran for Governor promising to “control spending”.

Now Corzine is up for reelection and we have a budget deficit slightly larger than the total amount of revenue he raised in tax increases when he first took office.

I think we can safely say that Governor Corzine did not “controls spending”

Ponzi Schemer Bernie Madoff

Ponzi Schemer Bernie Madoff

In fact Governor Corzine has not controlled anything in New Jersey. What he has done is try to take his Wall Street experience and apply it to government. The problem is that his finance experience depends upon bailouts and golden parachutes. He has even delayed a presentation of New Jersey’s own annual budget till March in the hope that the federal government will come to his rescue. I bet you didn’t know that when we elected Barack Obama, he became the de facto finance chairman for New Jersey.

When it comes to budgets, Jon Corzine attended the Bernie Madoff School of Finance. It is located right next to the Jim McGreevey School of Ethics, where ,by the way, Governor Corzine also got a degree.

Disgraced Ex-Governor Jim McGreevey

Disgraced Ex-Governor Jim McGreevey

His major in finance and minor in ethics both came in handy during his secret negotiations with his former girlfriend Carla Katz, as the two hammered out a lucrative state contract that greatly benefited the Communication Workers Union that Katz presided over. For the Governor’s efforts, Katz and the CWA made out like bandits and taxpayers got suckered out of more money than investors in Madoff’s ponzi scheme. More than a year later and we’re still trying to figure out how that deal happened and the courts are figuring out exactly why Corzine and Katz refuse to release the details.

But all is well. The Governor has promised to make $812 million dollars in cuts to the budget. Some of the cuts include $11,000 from adolescent illiteracy, $4 million from The turnpike and parkway, $15 million from aid to municipalities and $75 million from public schools.

Never mind the over 83 aides that the Governor has earning a hundred thousand dollars or more a year. Never mind the countless patronage positions that exist in every school district, municipal government, state agency and legislative staff. Never mind the endless array of programs that government should not be involved in in any fashion. No, none of those things add up.

Let’s face it. Like everything else Jon Corzine has said or dne, it is meaningless. It is just like his first gesture when he

Jon Corzine

Jon Corzine

 initially took office. With generosity and sincerity of purpose, Jon Corzine made it clear that he would not accept the $175,000 annual salary that comes with the job. Oh boy, thank you Jon. That is so,….. it is so,……. so kind of you. I mean with a personal fortune in excess of $400 million dollars those few thousand must really be a great sacrifice for you.

Sarcasm aside, it was a publicity stunt and like everything else, the gesture was meaningless. It was not a sign of sincere intentions and it did not make a difference. Much like his entire tenure as Governor.

To date, the only significant action that New Jersey has encountered under his leadership was the abolishment of the death penalty in New Jersey and the worthiness of that achievement is quite debatable.

Other than that, he has raised taxes every chance he has gotten and he has pushed for increasing tolls on our roadways every year for decades to come. He even pushed for putting tolls on roads that don’t have any tolls.

The Hindenbyrg Going Down In Lakehurst, New Jersey

The Hindenburg Going Down In Lakehurst, New Jersey

Truth is, Jon Corzine is like the Hindenburg. He floats around like a big deal but instead of getting us from point A to point B, he explodes and unleashes a load of rubble allover the place. There is not a single problem that he has solved or improvement that he has created. All he has done is enter into shady deals, hire inept cabinet officials, tinker with budgets and raise taxes.

New Jersey really does need a change.

We need a leader who can take control of circumstances, not be controlled by circumstances. We need someone who can clean up the mess, not make a mess.

It is time for Republicans in New Jersey to get their act together.  The Republican Minority Leaders in the Senate and Assembly have better get on message.  They need to create and present their own budget, drop everything else and from High Point to Cape May, make that budget known.  They need to point to the empty list of  achievements that the Governor has accomplished and point out what the Democrat majorities in the legislature blocked.  Beyond pointing out what they did wrong and the right things that they didn’t do, Republicans need to make it clear what they would do and present New Jersey with their roadmap.

After that, we have to get rid of Corzine.

Ridding ourselves of him wont eliminate all of New Jersey’s problems but it will at least help prevent us from getting into more trouble.

RedWhiteBlue.gif picture by kempite

And Be Sure To Also Sign The Petition To

REPEAL THE CONGRESSIONAL PAY HIKE

Sign the Online Petition – To Repeal The Automatic Pay Raise That Congress Is Receiving Congress

Pass The Link On To Family, Friends and Co-workers

http://www.gopetition.com/online/24301.html

RedWhiteBlue.gif picture by kempite

punchline-politics21

The rest of the world cannot understand how after bitter election campaigns

…….American politicians can return to reality. For instance, Sarah Palin has invited to her great state of Alaska the men who defeated her, Barack Obama and Joe Biden.

She has provided a moose hunting trip for their enjoyment and has hired two other prominent men to assist them. Dick Cheney will instruct them in safe gun handling, and Ted Kennedy will drive them back to their cabins in the evening.

What a gal! That Sarah is such a sport and thinks of everything!

Submitted by Bill, Ardmore, Pa.

Leave a comment

Filed under politics