Liberty's Roar

Obama: Banks Cannot Be Allowed To Foreclose

tracielasater — Fri, 26 Mar 2010 14:51:09 +0000

There cannot possibly be anyone left who fails to see that Obama is purposely setting out to destroy the capitalist system. We Americans must face the horrifying truth that Liberals wish to see capitalism and the American experiment destroyed. From the Washington Post…

Obama readies steps to fight foreclosures, particularly for unemployed

The Obama administration plans to overhaul how it is tackling the foreclosure crisis, in part by requiring lenders to temporarily slash or eliminate monthly mortgage payments for many borrowers who are unemployed, senior officials said Thursday…

Something To Watch: California Could Legalize Pot

tracielasater — Fri, 26 Mar 2010 14:33:26 +0000

California voters will be deciding this November whether to legalize marijuana in their state. If they proceed with the experiment, we Texans should watch with an open mind. As a Libertarian Conservative, I believe the decriminalization of marijuana is something Texans should at least debate and consider as an alternative to the expensive failure that is the current war on drugs. Here is an excerpt from an AP story on the subject…

Proponents of the measure say legalizing marijuana could save the state $200 million a year by reducing public safety costs. At the same time, it could generate tax revenue for local governments. A Field Poll taken in April found a slim majority of California voters supported legalizing and taxing marijuana to help bridge the state budget deficit.

Those who grow and sell it illegally fear legalization would drive down the price and force them to compete against corporate marijuana cultivators.

Other opponents view marijuana as a “gateway drug” that, when used by young people, could lead them to try other, harder drugs. They worry that legalization would persuade more people to try it, worsening the nation’s drug culture.

Pyramid Crumbling From Underneath Social Security Scheme

tracielasater — Fri, 26 Mar 2010 14:12:49 +0000

Social Security has hit the red earlier than expected. That’s the thing about pyramid schemes…they always fail in the end and screw over somebody. SS is just one of the many socialist programs that needs to go, or at a minimum, be privatized. And to all the seniors voting in fear over losing their social security, I do not know one supporter of social security reform who believes we should not pay back the contributors. The talk about taking away SS from the elderly is a straw man — a liberal scare tactic. From the NY Times…

Social Security to See Payout Exceed Pay-In This Year

The bursting of the real estate bubble and the ensuing recession have hurt jobs, home prices and now Social Security.

This year, the system will pay out more in benefits than it receives in payroll taxes, an important threshold it was not expected to cross until at least 2016, according to the Congressional Budget Office….

Castro Supports Obamacare…What A Relief!

tracielasater — Fri, 26 Mar 2010 13:56:04 +0000

Cuban leader applauds US health-care reform bill

HAVANA (AP) — It perhaps was not the endorsement President Barack Obama and the Democrats in Congress were looking for.

Cuban revolutionary leader Fidel Castro on Thursday declared passage of American health care reform “a miracle” and a major victory for Obama’s presidency, but couldn’t help chide the United States for taking so long to enact what communist Cuba achieved decades ago…

Child Indoctrination: A Rebuttal To “The Talk”

tracielasater — Fri, 26 Mar 2010 13:47:18 +0000

GM Unveils The Gayest Car Design Ever

tracielasater — Thu, 25 Mar 2010 04:53:34 +0000

Government Motors has unveiled the new car of the future, which has been appropriately named, the Laugh.

16,000 New IRS Agents To Enforce Obamacare

tracielasater — Tue, 23 Mar 2010 02:51:11 +0000

Are you ready, comrades, for just one of the horrifying ramifications of nationalized health care? There is to be a mammoth expansion of the IRS…

IRS looking to hire thousands of armed tax agents to enforce health care laws

Top IRS officials have been working with Democrats on Capitol Hill to determine how the agency will enforce President Obama’s new health care law. Republican lawmakers estimate the legislation will require the hiring of many thousands of new tax enforcement agents.

While it’s still not known exactly how many will be hired, here’s what’s clear: Under the new law, the IRS is required to fine taxpayers thousands of dollars if they do not purchase health insurance. In order for the government to enforce compliance, tax authorities will need information, for the first time, about people’s health care. Collecting that data will require more IRS personnel…

Krauthammer: ObamaCare Will Be the Law of the Land as of Tonight and We’ll be a Different Country

tracielasater — Mon, 22 Mar 2010 02:25:21 +0000

Amnesty Is Next…Dems Will Need The Votes

tracielasater — Mon, 22 Mar 2010 02:14:55 +0000

Once they have rammed through Obamacare, we can expect “immigration reform” to be next on the Lib agenda. The Dems know they will have pissed off the majority of the taxpaying public so will need to get more voters on the rolls.

Thousands of demonstrators marched on the mall today to demand immigration reform. Enough to make your blood boil. What follows is a surprisingly fair clip regarding anchor babies, produced by ABC News a while back. Hat tip: Moonbattery.

Too Much Junk In Our Trunk…U.S. Losing AAA

tracielasater — Mon, 22 Mar 2010 01:48:33 +0000

From Bloomberg:

Obama Paying More Than Buffett as Bonds Show U.S. Losing AAA

The bond market is saying that it’s safer to lend to Warren Buffett than Barack Obama. Two-year notes sold by the billionaire’s Berkshire Hathaway Inc. in February yield 3.5 basis points less than Treasuries of similar maturity, according to data compiled by Bloomberg. Procter & Gamble Co.

Johnson & Johnson and Lowe’s Cos. debt also traded at lower yields in recent weeks, a situation former Lehman Brothers Holdings Inc. chief fixed-income strategist Jack Malvey calls an “exceedingly rare” event in the history of the bond market.

The $2.59 trillion of Treasury Department sales since the start of 2009 have created a glut as the budget deficit swelled to a post-World War II-record 10 percent of the economy and raised concerns whether the U.S. deserves its AAA credit rating…