Tag Archive | "Gerald Walpin"

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Stimulus Package Creates Imaginary Jobs, Destroys Jobs in the Real World

President Obama’s $800 billion stimulus package creates imaginary jobs, while destroying ones in the real world.

Billions from the stimulus are being spent on creating tens of thousands of imaginary jobs in 440 phantom Congressional districts, according to the government’s own web site:

Just how big is the stimulus package? Well for one, it has doubled the size of the House of Representatives, according to recovery.gov, which says that funds were distributed to 440 congressional districts that do not exist. . . . The web site…

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Posted in Agriculture, Deregulate to Stimulate, Economy, Employment, International, Labor, Legal, Personal Liberty, Politics as Usual, Precaution & Risk, Sanctimony, Stimulus to Nowhere, TradeComments (4)

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“How ACORN Destroyed the Housing Market”

Federal affordable-housing mandates were a major factor in the mortgage crisis, fueling the housing bubble and the subsequent collapse of the housing and financial markets, which helped bring down the economy.  Even the liberal Village Voice has admitted that.  Who drafted those awful mandates?  ACORN, reports the Washington Examiner, in “How ACORN Destroyed the Housing Market.”

How did ACORN cause the “housing bubble” and “financial collapse”?  ACORN lobbyists drafted “affordable-housing” mandates to pressure the mortgage giants to buy up more risky loans and mortgages…

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Posted in Bailout Watch, Economy, Legal, Personal Liberty, Politics as Usual, Precaution & Risk, SanctimonyComments (0)

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Senator seeks to cover up report showing Honduras acted legally in removing authoritarian ex-president

Senator seeks to cover up report showing Honduras acted legally in removing authoritarian ex-president

The Obama administration and congressional allies like Senator John Kerry (D-Mass.) are seeking to silence government lawyers who point out their mistakes and misinterpretations of the law:

“A month ago, the Law Library of Congress reviewed the removal of Manuel Zelaya from his post as President of Honduras, an act that the Obama administration called a ‘coup’ and demanded reversed for its illegality.  To the embarrassment of the White House and State Department, the Congressional body determined that Honduras acted lawfully in removing…

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Posted in Features, International, Legal, Personal Liberty, Politics as Usual, Sanctimony, ZeitgeistComments (0)

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Stimulus Packages Don’t Work; Obama’s $800 Billion Stimulus Will Shrink the Economy

“Stimulus” packages that increase government spending don’t work, notes Harvard economist Robert J. Barro in the Wall Street Journal.

The administration claimed that Obama’s $800 billion stimulus package would deliver a short-run “jolt” that would quickly lift the economy, but unemployment rose rapidly after its passage, and the package has actually destroyed thousands of jobs in America’s export sector.

Countries that refused to adopt big stimulus packages have fared better than those that imitated Obama. And the biggest-spending countries have suffered worse in the recession.

Obama claimed his…

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Posted in Economy, International, Labor, Legal, Politics as Usual, Sanctimony, Stimulus to Nowhere, TradeComments (0)

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More Government Waste, Corruption, and Corporate Welfare, Thanks to the Obama Administration

Rapidly-rising Medicare spending already threatens “to crush the federal budget,” and much Medicare spending is wasteful, yet the Obama Administration claims it can somehow save money by creating Medicare-like programs to cover all Americans. In the New York Times, economics professor Tyler Cowan calls it “the new voodoo economics.” Washington Post columnist Robert Samuelson concludes that Obama’s health-care plan “is naive, hypocritical or simply dishonest. Probably all three.”

Obama is firing an inspector general who exposed wrongdoing by one of his supporters, and previously…

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In Cover-Up, Obama Fires Inspector General to Shield Crony and Waste Taxpayer Money

Obama is firing an inspector general, Gerald Walpin, who uncovered wrongdoing by a prominent Obama supporter and opposed letting him off the hook.

Ironically, when Obama recently nominated a liberal judge to the Supreme Court, his Administration trumpeted Walpin’s support for her.

Walpin is the Inspector General for the Americorps program, which is riddled with waste, fraud, and ideological misuse of taxpayer funds. Walpin “has been doing a good job” and he has “identified millions of dollars in AmeriCorps funds that were wasted or misspent,” notes Senator…

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Posted in Employment, Legal, Politics as UsualComments (1)

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