Wednesday, January 19, 2011

save your Confederate money. Slavery is coming back

Notes 27

Taking back America--pretty soon slavery will be popular again

New Ala. gov: Just Christians are his family
AP – Gov. Robert Bentley delivers a speech after being sworn in during the inauguration ceremony at the Capitol …
Jay Reeves, Associated Press – Tue Jan 18
BIRMINGHAM, Ala. – Alabama Gov. Robert Bentley told a church crowd just moments into his new administration that those who have not accepted Jesus as their savior are not his brothers and sisters, shocking some critics who questioned Tuesday whether he can be fair to non-Christians.
"Anybody here today who has not accepted Jesus Christ as their savior, I'm telling you, you're not my brother and you're not my sister, and I want to be your brother," Bentley said Monday, his inauguration day, according to The Birmingham News

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Obama proves he’s a loser by trying to be a winner. Perhaps, instead of continuing to transfer wealth to the wealthy, Obama could focus review on how to achieve a more equal distribution of wealth based on benefits derived
from the Nation’s natural resources and the productivity not only of capital but of labor.

Obama announces review of government regulations
WASHINGTON (Reuters)
In an op-ed piece in The Wall Street Journal, Obama said some government regulations have placed "unreasonable burdens on business -- burdens that have stifled innovation and have had a chilling effect on growth and jobs."
He said he would require that in the future government agencies "ensure that regulations protect our safety, health and environment while promoting economic growth."\
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Lies, damned lies, and Republican Congressmen

FACT CHECK: Shaky health care job loss estimate

Ricardo Alonso-zaldivar, Associated Press –
WASHINGTON

A recent report by House GOP leaders says "independent analyses have determined that the health care law will cause significant job losses for the U.S. economy."
It cites the 650,000 lost jobs as Exhibit A

What CBO actually said is that the impact of the health care law on supply and demand for labor would be small. Most of it would come from people who no longer have to work, or can downshift to less demanding employment, because insurance will be available outside the job.
"The legislation, on net, will reduce the amount of labor used in the economy by a small amount _roughly half a percent_ primarily by reducing the amount of labor that workers choose to supply," budget office number crunchers said in a report from last year.

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Obama’s tax policy for businesses is headed wrong way. Easiest way to keep money home is to let the government tax it and spend it since corporations are spending it abroad where they can make more money.

China cuts loan target; foreign investment hits record

On Tuesday January 18, 2011
By Soo Ai Peng and
Aileen Wang
SHANGHAI/BEIJING (Reuters)

Data which showed China drew a record amount of foreign investment in December and for all of 2010 underscored the difficulties it faces in draining its economy of an abundance of money that is helping to fuel inflation.

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Trying to put out the fire of protest against abominable conditions

2 Egyptian men attempt self-immolation
CAIRO – Two Egyptian men, possibly inspired by events in Tunisia, attempted to set themselves on fire Tuesday in downtown Cairo, just a day after another man burned himself in front of parliament.
Police managed to quickly extinguish the fire engulfing lawyer Mohammed Farouq Mohammed el-Sayed after he set himself alight outside the prime minister's office and he was rushed to hospital with minor burns.

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