News from the Church of Global Warming

Via Reuters...

POZNAN, Poland (Reuters) - The U.S. Senate will let President-elect Barack Obama
sign up to a U.N. pact to fight global warming in late 2009 even if U.S. climate
laws are not yet in place, U.S. Senator John Kerry predicted on Thursday.

But Kerry, designated head of the Senate Foreign Relations Committee, said
on the sidelines of U.N. climate talks in Poland that China, India and Russia
would also have to promise to cut greenhouse gas emissions to win Senate
blessing of any pact.

"It will be like the difference between night and day," Kerry, of
Massachusetts, said of Obama's enthusiasm for action against climate change
after what he said were eight years of inaction under President George W.
Bush.

So exciting! Wow, let's further hamper industry by agreeing to 'global' terms of an agreement which will be impossible to reach without overwhelming expense... While it's important to preserve the Earth, I continue to say, in the grand scheme of things, we're just not that significant... Of course, we always expected Obama to worship at the Altar of the Church of Global Warming, or Climate Change, or whatever the heck it's called now...

Auto Bailout Fails in Senate

A nice dose of realism as Senate Republicans refused to back Federal aid for the auto industry... Good...

So, of course, Senate Majority Leader 'Dingy' Harry Reid says, "a loss for the country". Not really. It's a win. We're in enough debt and the American people are saying 'no more' to their elected officials.

Sen. Reid now says that President Bush should take the funds for the auto industry from the $700 Billion banking bailout bill.

Ugh. Hold on to your wallets my friends.

Interesting... And Telling...

Here is a 'Stat of the Day' from CrossingWallStreet.com and a big WOW...

In 2007, Toyota sold 9.37 million vehicles.

In 2007, General Motors sold 9.37 million vehicles.

In 2007, Toyota made $17.1 billion.

In 2007, General Motors lost $38.7 billion.

Selling Obama's Senate Seat: Did The One Know? UPDATE: The Mighty Oz Has Spoken UPDATE: Story on Post-Elex Meeting

1:30PM EST:
Ah Ha! Obama and Governor Blagojevich met on November 5... Read the article.

CHICAGO, ILL. -- Now that Barack Obama will be moving to the White House, his seat in the U.S. Senate representing Illinois will have to be filled. That's one of Obama's first priorities today.
He's meeting with Governor Rod Blagojevich this afternoon in Chicago to discuss it.

12:55 PM EST:
An official from the Barack Obama transition office says that Rod Blagojevich should resign...

ORIGINAL POST:
President-Elect Obama responded to pal Rod Blagojevich's arrest yesterday with this commanding statement of leadership...

"Obviously like the rest of the people of Illinois I am saddened and sobered by the news that came out of the US attorney's office today, but as this is a ongoing investigation involving the governor I don't think it would be appropriate for me to comment on the issue at this time."

All right. No call for resignation? All right...

Then when asked if he talked with the governor about it, The One said...

"I had no contact with the governor or his office and so we were not, I was not aware of what was happening."

All right... However, appearing on Fox Chicago Sunday on November 23, Obama's chief advisor David Axelrod (a noted Blagojevich pal) said...

"I know he's talked to the governor and there are a whole range of names many of
which have surfaced, and I think he has a fondness for a lot of them."

Well, something here is amiss... And always the one to cover his tracks, Axelrod released a statement on Wednesday night...

"I was mistaken when I told an interviewer last month that the President-elect has spoken directly to Governor Blagojevich about the Senate vacancy. They did not then or at any time discuss the subject."

Interesting... Are we getting our ducks in a row now? Why all of a sudden did we misspeak? Are we lying? The plot thickens.

Talk about a culture of corruption... Conservatives tried to warn America of what we'd get when we elect the Chicago Machine politics...

Joe the Plumber: "McCain Appalled Me"

Joe Wuerzelbacher, known to everyone as 'Joe the Plumber', who was able to bring the socialist identity of Barack Obama to light, is not speaking out about his feeling of uneasiness about campaigning with John McCain, specifically when talking with McCain about the bailout bill...

"When I was on the bus with him, I asked him a lot of questions about the bailout because most Americans did not want that to happen," Wurzelbacher told Glenn Beck. "I asked him some pretty direct questions. Some of the answers you guys are gonna receive they appalled me, absolutely. I was angry. In fact, I wanted to get off the bus after I talked to him."

Wurzelbacher said he stayed on the trail with McCain "honestly, because the thought of Barack Obama as president scares me even more."

I know how you feel Joe... Voting for McCain required my holding my nose... I still hold that Mitt Romney may not have defeated Barack Obama but he would have taken the fight to him. He darn well would have used Rev. Wright against him...

WH and Congressional Dems Agree on Detriot Bailout Terms

Isn't it funny that a supposedly GOP president cannot come to terms on this deal with members of his own party? Oh, that's right, House GOP leaders are against this bailout, as should any clear minded Americans...

WASHINGTON--A government "car czar" with the power to force U.S. automakers into bankruptcy would dole out $15 billion in emergency loans to the failing industry
under an emerging deal between the White House and congressional Democrats.

STOP THIS BAILOUT MANIA! NOW!

Obama to Give Major Address in Islamic Capital?

From AFP:

WASHINGTON, (AFP) – President-elect Barack Obama plans to give "a major address" in an Islamic capital soon after taking office as he seeks to mend America's
image in the Muslim world, a Chicago Tribune interview said."I think we've got a unique opportunity to reboot America's image around the world and also in the Muslim world in particular," Obama said in the interview published late Tuesday on the Tribune's website. Obama promised an "unrelenting" desire to "create a relationship of mutual respect and partnership in countries and with peoples of good will who want their citizens and ours to prosper together." The world "is ready for that message."

Oh boy... This is exactly the type of thing that makes the Islamofascists think we are a bunch of paper tigers... I'm glad that his concern is our perception around the world... Just like any true narcissist would believe...

What An Arrogant (Bleep) UPDATE

11:45AM EST UPDATE:
There is increasing speculation that Senate Candidate #5 descibed in the criminal complaint appears to be Jesse Jackson, Jr. Candidate #5 was ready to exchange funds for the Senate seat.

ORIGINAL REPORT:
Illinois Governor Rod Blagojevich (D) was taken into custody by the FBI yesterday on the accusations of a 'corruption crime spree' that would "make [ Abraham] Lincoln roll over in his grave."

The governor and his chief of staff, John Harris, were simultaneously charged with conspiracy to commit wire fraud and solicitation to commit bribery as part of what officials say was a wide-ranging scheme to shakedown campaign donors and politicians for high-paying posts and millions of dollars in campaign contributions. Allegedly for sale: state jobs, state contracts and regulatory favors. In one surreal development, prosecutors said Blagojevich even tried to get critical editorial writers from the Chicago Tribune fired in exchange for helping parent Tribune Co. with a state plan to finance the purchase of Wrigley Field.

Of course, a very important point in all of this is that the Governor was wiretapped by the Feds... They have him on tape saying nuggets like this regarding the available Obama Senate seat...

The affidavit quoted the governor on a telephone call the day before Obama won his historic presidential victory talking about driving a "hard bargain." Blagojevich called the Senate seat "a [expletive] valuable thing. You just don't give it away for nothing." "I've got this thing and it's [expletive] golden and uh, uh, I'm not just giving it up for [expletive] nothing," he said two days later, according to the affidavit.

Nice... Classy... Of course, there is nothing directly implying that President Elect Zero had any knowledge or involvement in this but as I will write about later, he put his foot in his mouth yesterday, while talking about it and showed no real sign of leadership and moral standing...

BREAKING: Corrupt IL Gov Taken Into Custody

Update 9:35AM EST:
"Blagojevich was taken into custody hours after the Tribune reported that the investigation into allegations of pay-to-play politics within his administration had been expanded to include his pending choice of a Senate replacement for Obama. The Democratic governor has said he expects to make a decision on the state's next senator in weeks."



Chicago Tribune:
"A source said today that Gov. Rod Blagojevich was taken into federal custody at his North Side home this morning. The U.S. attorney's office would not confirm the information.

A Blagojevich spokesman said he was unaware of the development. "Haven't heard anything -- you are first to call," Lucio Guerrero said in an e-mail."

Opinion: Nationalization of the Auto Industry...

Is this really where we are headed? We are a successful country because we used to not buy into the European system of nationalizing industry. Now, under the guise of the economic meltdown, we have investment banks being in the Government's reach... And now, the Government seems to want to take a role in the auto industry... This is what the Dems have always wanted. It's incredible to believe that a 'GOP' President is delivering it to them...

A free-market answer is the only way. We have got to let the auto industry work out of it or move to the side. Bankruptcy protection will allow the automakers to consolidate, end their terrible Union contracts and work their way back. All of the airlines basically got into bankruptcy and have emerged, some to gobble up their competitors (see, Delta/Northwest)...

We cannot continue to print money... Inflation is going to skyrocket and then, we will truly be in an crisis.

The Obama New Deal

On Saturday, President-Elect Zero announced that his administration will lead the charge on a massive government spending increase meant to deliver the largest public-works program since President Eisenhower instituted the construction of the interstate highway system in the 1950's.

According to The Washington Post, Obama's plans include "a renewed effort to make public buildings energy-efficient, rebuild the nation's highways, renovate aging schools and install computers in classrooms, extend high-speed Internet to underserved areas and modernize hospitals by giving them access to electronic medical records."

Oh boy, if the government is offering the $$ for the work, bureaucracy will almost surely get in the way. Where is ALL this money coming from? How long will our kids and grandkids be paying for it...

The Failing NY Times...

Further proof that the Mainstream Media is failing...

The New York Times Company plans to borrow up to $225 million against its mid-Manhattan headquarters building, to ease a potential cash flow squeeze as the company grapples with tighter credit and shrinking profits.

The company has retained Cushman & Wakefield, the real estate firm, to act as its agent to secure financing, either in the form of a mortgage or a sale-leaseback arrangement, said James Follo, the Times Company's chief financial officer.

The Times Company owns 58 percent of the 52-story, 1.5 million-square-foot tower on Eighth Avenue, which was designed by the architect Renzo Piano, and completed last year. The developer Forest City Ratner owns the rest of the building. The Times Company's portion of the building is not currently mortgaged, and some investors have complained that the company has too much of its capital tied up in that real estate.