Will President Obama really nominate billionaire Chicago gal pal Penny Pritzker to head his Commerce Department? "It's a done deal," according to a White House source close to the Chicago Tribune. As further confirmation, Pritzker resigned abruptly from the Windy City's school board late last week. The crony fix seems to be in.
As a senator and presidential candidate, Barack Obama said that he detested budget deficits. In 2006, when the aggregate national debt was almost $8 trillion less than today, he blasted George W. Bush's chronic borrowing and refused to vote for upping the debt ceiling: "Increasing America's debt weakens us domestically and internationally. Leadership means that 'the buck stops here.'"
If you listen to America's political hacks, mainstream media talking heads and their socialist allies, you can't help but reach the conclusion that the nation's tax burden is borne by the poor and middleclass while the rich get off scot-free.
President Barack Obama and Wall Street occupiers, along with their allies in the mainstream media and on college campuses, have maintained an ongoing attack on high-income earners, people they call 1 percenters. Listening to their deceitful demagoguery, you would naturally think of them as 99 percenters, but you'd be dead-wrong.
Mitt Romney says he will not apologize for being a rich guy who lives large and can buy whatever he wants by writing checks from his offshore bank account in the Caymans. The former governor of Massachusetts believes that what he and his father before him accomplished -- that is, raking in the big bucks -- is to be celebrated.
As a candidate in 2008, Barack Obama declared his support for green energy development. "For the sake of our economy, our security and the future of our planet," he said, "we must end the age of oil in our time."
Growing up in Levittown out on Long Island, I remember my father buying pants through the mail. This seemed strange to me. There was a Robert Hall clothing store nearby, and it had pants all over the place. But my dad said he could buy two pair for the price of one from some guy in South Dakota. One problem: The pants never fit.
Johnny Depp, Tim Burton among guests.
Earlier this week, a Virginia-based organization came under fire for leading 3rd grade students at Woodbrook Elementary in Charlottesville to write a song titled "We Are Part of the 99."
The Occupy Wall Street movement has hit several huge roadblocks. First it was the cold temperatures that sent many home. Next was the long-overdue decision to evacuate them out of public parks by liberal Democrat mayors. But another huge roadblock that's emerging: their enormous hypocrisy on wealth.
"They want more money, a faster ride, they're not content -- never satisfied. Yes, they're the 1 percent."
Or, at least, that's what she yelled to a cheering Occupy Rose Parade crowd.
Try to contain your excitement.
"You talk about the 1 percent as if they are the only group affected by your actions."
We have come to appreciate the Occupiers for their fundamental misunderstanding of economics. We’ve also come to look forward to the latest arrest statistics or video of delusional protesters weeping for their Lost Tent City.