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posted by Gunpowder Chronicle on Wednesday, April 9 2008 @ 7:48 PM
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Microphone and camera whore Sen. Charles Schumer, the senior senator for the very unfortunate state of New York (and the only senior politician in that state who hasn't been embroiled in a sex scandal recently), is truly a pedantic ass clown.

From his office on March 7, 2008:  "The bottom line is that this administration is the owner of the worst jobs record since Herbert Hoover."

Facts are funny things.  here is a quick comparison chart that I found over on National Review Online:

Key Labor Market Statistics in 1996 and 2008
  March 1996 March 2008
1. U.S. Unemployment Rate 5.5% 5.1%
2. Number of Long-Term Unemployed 1.33 million 1.28 million
3. Average Weeks Unemployed 17.3 weeks 16.2 weeks
4. Median Weeks Unemployed 8.3 weeks 8.1 weeks
5. Not in Labor Force because discouraged over job prospects 451,000 401,000
6. Democrats calling for Extended Unemployment Benefits? No Yes
7. President’s Party Affiliation Democrat Republican

See the problem there?  Unemployment is actually one of the great indicators of economic performance, because it represents tangible impacts to the economy at all levels.  And, according to the FACTS, 1996 was a worse year economically than 2008 (so far).

Oh, and before people start screaming about the housing crisis, please keep this in mind:

  • There are 36 million Americans who have had a mortgage and paid it off.
  • There are 46 million Americans with mortgages currently being paid ON TIME.
  • There are but a mere 900,000 mortgages currently in default.

So where is the panic?  That is a 1% rate of default across all Americans who have had a mortgage or do have a mortgage.  The panic is that politicians like Senator Schumer not only allowed, but encouraged banks and Wall Street to work together to create investment arbitrage vehicles to make sub-prime loans possible.  Smaller banks would never have offered loans to people on the completely assinine terms and under those completely assinine conditions like "no doc" and 100% financing, if they could not upsell those loans to companies like Bear Stearns.

But they could and they did.

Maybe Senator Schumer should check with junior intern researcher before engaging mouth. This isn't the worse economy since Herbert Hoover.  But if his gal pal Hillary or "Mr. Hope" Obama get elected, it may very well be.

This article tagged under: Economics, National Politics

posted by Gunpowder Chronicle on Sunday, April 6 2008 @ 8:50 PM
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Senator Hillary Rodham Clinton is a congenital liar.  Her recent actions have given us all the proof we need on the matter.  First, she was caught in a huge lie by her compatriots at the Great Sauronic Eye -- CBS News -- that she landed under "sniper fire" at Tuzsla Air Base.  If by "snipe" you are referring to the mythical bird of many a Boy Scout's hunt on their first camping trip, she might be telling the truth.  But she wasn't.

Now, we know -- courtesy on "Pinch" Sulzberger's left-wing New York Times -- that a story that was a key part of her stump speech in Ohio was patently false.  Clinton had claimed a woman died after her baby was still-born because a hospital refused treatment due to her inability to pay a $100 fee.  Problem is:  it wasn't true.  And it couldn't be.  Because of the Combined Omnibus Budget Reconciliation Act, which forbids any hospital that receives ANY public funds from the Federal Government from refusing to treat emergent payments.

And today, the other shoe dropped...

This article tagged under: National Politics

posted by Gunpowder Chronicle on Wednesday, April 2 2008 @ 3:42 PM
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Jim Geraghty, posting over at Campaign Spot on National Review Online, has been saving us all the pain of reading the Obama tome "Dreams of My Father" and has uncovered a serious timeline problem:  putting Jack Kemp as Secretary of Housing and Urban Development four years before he actually was.

This article tagged under: National Politics

posted by Gunpowder Chronicle on Monday, March 31 2008 @ 10:34 PM
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If you have never seen Lil' Bush on the Comedy Channel, you should.  Even if you are diehard conservative/libertarian (like myself) who things that, despite many mistakes, on the whole GWB has been a fair president.

But be warned:  you will be offended.  It is a sarcastic, disrespectful, irreverent show.  And lefties -- including Lil' Al, Lil' Nancy, Lil' Obama, etc are not spared its caustic humor.

Essentially, imagine South Park, but the leading characters are Lil' W, Lil' Condi, Lil' Rumsfeld, and Lil' Cheney.

My FAVORITE character, though, is Lil' Cheney.  His father, of course, is Darth Vader.  Lil' Cheney talks with the same quiet mumble you hear from the real one.  Although, the mumble is more pronounce and more cruel.  In fact, I watch the show solely to watch Lil' Cheney.  Any time he speaks, I am on the floor in stitches.

Of course, I am a HUGE Dick Cheney fan.  He is a man of few words, and lots of meaning.  And I think he was absolutely at his best when he told that walking human turd Pat Leahy to go frak himself.

This article tagged under: National Politics, Entertainment

posted by Gunpowder Chronicle on Monday, March 31 2008 @ 7:01 PM
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Well, at least when it comes to nuclear power.  France generates 80% of their electricity through nuclear power.  We generate less than 20%.  Yet, we have the most nuclearized Navy in the world. The USS Ronald Reagan (CVN-76), the latest Nimitz-class Supercarrier to join the fleet, boasts 2 Westinghouse nuclear reactors.  That is the same number currently in service at Calvert Cliffs.


posted by Gunpowder Chronicle on Wednesday, March 26 2008 @ 7:31 PM
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"Dumbass".  It is word that should resound with Congressman, as they fit the definition perfectly.  As Michelle Malkin notes, federal prosecutors now know that a trip to Iraq before the run-up to the invasion was paid for-- lock, stock, and barrel -- by Saddam Hussein.

Federal prosecutors say Saddam Hussein’s intelligence agency secretly financed a trip to Iraq for three U.S. lawmakers during the run-up to the U.S.-led invasion.

The Congressman were "Baghdad Jim" McDermott, David Bonior, and Mike Thompson.

The trip, of course, was funded through an intermediary named Muthanna Al-Hanooti, who was paid with oil for his troubles.  That's right.  Oil from Iraq, which at the time was under some pretty damn stringent international sanctions.  Its good to know that they were working.

Prosecutors claim that the Congressmen did not know the trip was paid for by Saddam. 

Yeah, and there really is a leprechaun guarding a pot of gold at the end of that rainbow.

This article tagged under: National Politics, Foreign Affairs

posted by Gunpowder Chronicle on Wednesday, March 26 2008 @ 7:22 PM
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Lawless teachers unions are at it again, trying to stifle anything resembling competition in education:

According to a report by Tallahassee’s News Channel 7, the Florida Education Association may sue to shut down that state’s scholarship tax credit program. Under this program, businesses can donate to non-profit scholarship funds that subsidize tuition for low-income kids at the private schools of their families’ choosing. In return, the businesses can claim dollar for dollar tax credits up to a certain limit.

Yes, you read that right.  No state money is being taken away from public schools.  This is all private money being donated to private non-profit foundations for scholarships up to a maximum value of $3,750 (about $4,000 less than is spent per pupil in Florida schools).  And those foundations are required to put all money they receive under the program toward scholarships, and can only carry over 25% of received monies from year to year.

So what is the issue?  The lawless teachers unions are worried that the more students that take advantage of the scholarships, the less students there will be public education.  THEY DON'T WANT TO LOSE THEIR "CUSTOMERS".

So much for freedom.

See the whole article at Cato @ Liberty.

This article tagged under: National Politics, Education

posted by Gunpowder Chronicle on Wednesday, March 26 2008 @ 7:08 PM
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In my opinion, there are few politicians who have turned out to be more miserable failures than Albert Gore.  And to that, I would add "complete frakking hypocrite".

It turns out that Al Gore-- that paragon of citizen journalism who helped start up current.tv -- has banned any recording devices OR journalists from his keynote at the RSA Conference.

As if that will stop the attendees from being faithful "citizen journalists" and reporting the complete balderdash he has to say.

This article tagged under: National Politics

posted by Gunpowder Chronicle on Wednesday, March 26 2008 @ 6:59 PM
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According to Fox News, John McCain said the following in a speech today:

In this struggle, scholarships will be far more important than smart bombs.

Someone please tell him to shut his frakking mouth, because with comments like that, he will lose an election that Barack Obama and Hillary Clinton are trying to hand him on a silver platter.

This article tagged under: National Politics

posted by Gunpowder Chronicle on Wednesday, March 26 2008 @ 10:49 AM
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Do you vote for the Nut with Two Boobs, or the Boob with Two Nuts?

Inquiring minds want to know.

This article tagged under: National Politics

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