Honey, You Didn’t Build That

Okay, now honestly, this is one of the best 2012 Presidential Election videos, yet!   It personifies one of the biggest political campaign miscalculations in history: Barack Obama’s “You didn’t build that” line. 
Send it out to the kids because the message is loud and clear.
From Mark Matson TV:

You Will Not Hear About the Real General Motors Last night at the Democrat Convention

 

We’ve heard a great deal this week from members of President Obama’s protected Crony Socialist auto bailout class. 

Many were showcased last night in the maudlin propaganda flick "An Economy Built to Last: Auto-Industry."  The film was followed by speaker Bob King, President of the Democrat appartchik-union United Auto Workers (UAW).  A “saved” General Motors (GM) employee will be speaking (in Mandarin?) this evening.  And the uber-failed “success” of the $82 billion auto bailout has been repeatedly flogged throughout the festivities.

We will hear about the “more than one million jobs saved.” 

But this is the Administration that claimed the $1 trillion so-called “Stimulus” bill “created or saved” jobs - in non-existent Congressional districts.

So there is, yet again, an Obama Math problem.  Some more Numerical Issues about which you will not hear in Charlotte:

We’re going to lose over $42 billion on the $82 billion auto bailout.  Obama in late 2009 said we would make money on it.

$26.5 billion of the loss was a straight payoff to the...UAW....

President Obama illegally carried forward through the bankruptcy the ridiculously exorbitant UAW contracts.  Which were a hay-yuge contributing factor to GM going under in the first place - and are again, predictably, helping to wreck the bottom line.....

During the bankruptcy process, President Obama illegally paid off the UAW first and in full - before secured bondholders who should have been made whole before anyone else got a dime.  Which was incredibly disruptive and destructive of the entire bond market.  Economic uncertainty, anyone?

We heard from illegally over-rewarded UAW President King.  Will we be hearing from any of these Obama-victim bondholders?  Or any bond market experts to explain just how cataclysmically damaging this was to the economy?  Ummm, no.

We will not be hearing from any of the 100,000 or so GM and Chrysler dealership employees who Obama summarily fired...

(B)ecause (these) Joe and Jane SixPacks were guilty of working at auto dealerships that were owned by Republicans....  (N)othing like crushing innocent middle class Americans to mete out a little political payback.

We will not be hearing from any of the 20,000 or so non-union GM-subsidiary Delphi employees - whose pensions President Obama slashed by up to 70%.
With all of these President Obama American Job Kills, we will not hear that...

(China is) where GM is doing most of its hiring - along with funding celebratory movies of the Communist Revolution.

Or...

GM (is) to Invest $1 billion in Russia Within 5 years

Or...

General Motors (is) to Invest $150m in Indonesia Plant

The bailout may not have saved one million jobs - but the jobs it did save are in...Moscow and West Java.

We will not be hearing anything about the myriad inanities in which GM is engaging.

90+% of GM auto loans are now of the Freddie Mac-Fannie Mae-esque subprime variety - made to people whom GM and everyone else know can’t pay them back.

GM in 2010 launched a venture capital division which is investing in fabulously successful things like...solar panel companies.

In fact, no company registered more (non-)green (non-)energy patents than GM in 2010.

We will not be hearing these inconvenient facts about the Eco-Fantasy Chevy Volt.

Chevy Volts cost $41,000 to make, and sell for $41,000.  It is a non-profit vehicle, yet GM has spent millions advertising it.... 

Even more inane, GM just spent $10.4 million to build a Chevy Volt-ville - an Obama Candy Land Potemkin village. 

And lest we forget - there was the Chevy Volt song...and dance.

And yet Volt sales remain, as always, pathetic.  Perhaps because it only gets 35 miles to a 12-hour charge, and costs twice as much as a similar-sized regular gasoline mobile.

As of November of last year, the total Chevy Volt subsidy Taxpayer cost was $250,000 per Volt sold.

Another contributing factor to the Volt’s non-sales: Obama and GM admit to only one Volt fire - dangerously rabbit-holing at least five fires and a whole host of attending Volt charging problems that have not yet been adequately explained.

All of which explains how GM is actually doing - about which we won’t be hearing.

The Taxpayers are still stuck with 500+ million shares of GM stock.  For us to break even, they must be sold at $54 per. They debuted post-bankruptcy at $33 per share and are now around $22 per share.  This sets us up for a more than $16 billion loss – just on the stock.

This week’s downsized Fantasy Land Dystopia will be marked far more by what is not said than what is said.
Please, enjoy tonight’s last dollop of Leftist ephemera.

 by Seton Motley

DNC delegates: Let’s ban corporate profits!

Are you surprised?

At the Democratic National Convention, where one speaker after the next swears they love free enterprise, delegates and attendees (maybe some media, who knows?) were asked by Peter Schiff, posing as a anti-corporate activist,  if they would support capping or banning corporate profit.
Well, there seems to be plenty of enthusiasm for the idea in Charlotte this week — and not from the fringe. “We deliberately avoided speaking with the occupy protestors camping outside in tents to get a more “mainstream” Democratic perspective,” writes Schiff.

And remember, it’s the Tea Party that’s supposed to be radical.



 By: David Harsanyi

Overall Reaction to Obama’s Speech: Uh, Not Good.

Politico: Carville: ‘Not the best speech of convention’
WaPo sad. very sad! “President Obama needs more than words to overcome problems”
From the Left==> Daily Beast: Obama: A Pedestrian and Overconfident Speech
From the Right==> Noonan: “Barack Obama is deeply overexposed and often boring. He never seems to be saying what he’s thinking. His speech Thursday was weirdly anticlimactic…”
And…
Krauthammer says it best, “He gave one of the emptiest speeches I’ve ever heard on a national stage.”

’94 Tape Shows Obama Hatred Of Middle Class

CHARLOTTE, N.C. — A previously unheard 1994 lecture by a young Barack Obama offers a new glimpse of his days as a up-and-coming, liberal Illinois politician.

The recording, given to BuzzFeed by a Republican source, comes from a lecture on the nature of community values he delivered at Nebraska Wesleyan University on September 9, 1994.

Notice that it was not uncovered by any investigative journalist. They do not investigate Obama.

Obama told the students in Lincoln, Neb. that "values are dynamic,"and he dismissed appeals from everyone from Bill Clinton to Dan Quayle to "static" or "Ozzie and Harriet" values. Obama suggested those values — "The wife is at home, she’s not working, Dad’s got his 9 to 5, there are no African-Americans in these family values." — were woefully out of date.

So Obama believes that blacks have a completely different set of values from whites?
But notice that even during the "last century," Obama was mocking these values as being out of date and from the days of ‘black and white TV.’
For the record, Obama had joined Reverend Wright’s church six years earlier, in in 1988. And he said he did so because of their pledge to the radical ‘Black Value System,’ which attacked middle class values as a trap for African-Americans. (See below.)
But in reality, Obama’s hatred of the middle class is lifelong.

Obama argued that the talk of values was empty without social action, and without a vigorous government role: "It’s not easy to live up to your ideals, it requires sacrifice. It may require taxes on the part of the society. It may require that you go without certain luxuries that you become accustomed to."

In other words, Obama was obsessed with redistribution even then. And naturally he wanted to do that through taxes and punishing ‘the rich.’ Which is still what he wants to do 18 years later.

"There’s no discussion of poverty in these values," Obama said. "There’s not much talk about a nuclear arms race that was taking place on the television programs," he said. "So the notion is that we can somehow return to that time and recapture those values without acknowledging all the things that were left out. Well, that’s not the case." …

No poverty or arms race discussions in sitcoms? How shocking. But which TV shows did Obama believe we should base our values on?

In the 1994 recording, Obama speaks derisively of the "values" articulated by leading Democratic figures like Bill Clinton and Jesse Jackson.

Just think, Obama was (is) not only to the left of Bill Clinton, but Jesse Jackson as well.

"Values have made a comeback," Obama is heard saying. "Dan Quayle talks about values. He talks about Murphy Brown and her lack of values. Bill Clinton talks about values. Jesse Jackson talks about values. So we have values all over the place. Politicians really like values now. Part of the reason for that is values are cheap, at least the way they talk about them. You don’t have to pay any money or tax anybody to talk about values. Family values, American values, values.”
“First as I said I think values are dynamic. Part of the reason I don’t trust Dan Quayle talking about values and I often don’t trust Bill Clinton talking about values is they tend to have a static notion of values. Dan Quayle talks about values in terms of Ozzie and Harriet values…

I’m always struck by values that are embodied in these television shows which I think are the values that people have in mind when they talk about return to American values. The wife is at home, she’s not working, Dad’s got his 9 to 5, there are no African-Americans in these family values. There’s no discussion of poverty in these values. There’s not much talk about a nuclear arms race that was taking place on the television programs. So the notion is that we can somehow return to that time and recapture those values without acknowledging all the things that were left out. Well, that’s not the case.”
The audio recording is one of several moments in the 1990s in which Obama made clear that he didn’t consider himself a Clinton Democrat…

No, Bill Clinton was far too conservative for Obama. In fact, he still is.
For the record, here is an excerpt from the mission statement of Reverend Wright’s church, which embraced the racist, separatist, ‘Black Value System’ (which has since been expunged from their website):

THE BLACK VALUE SYSTEM

Statement of Purpose
We have prayerfully called the wisdom of all past generations of suffering Blacks for guidance in fashioning an instrument of Black self-determination, the Black Value System…
Disavowal of the Pursuit of “Middleclassness”
Classic methodology on control of captives teaches that captors must keep the captive ignorant educationally, but trained sufficiently well to serve the system. Also, the captors must be able to identify the “talented tenth” of those subjugated, especially those who show promise of providing the kind of leadership that might threaten the captor’s control.
Those so identified as separated from the rest of the people by:
Killing them off directly, and/or fostering a social system that encourages them to kill off one another.
Placing them in concentration camps, and/or structuring an economic environment that induces captive youth to fill the jails and prisons.
Seducing them into a socioeconomic class system which while training them to earn more dollars, hypnotizes them into believing they are better than others and teaches them to think in terms of “we” and “they” instead of “us”.
So, while it is permissible to chase “middle-incomeness” with all our might, we must avoid the third separation method-the psychological entrapment of Black “middleclassness”: If we avoid the snare, we will also diminish our “voluntary” contributions to methods A and B. And more importantly, Black people no longer will be deprived of their birthright, the leadership, resourcefulness, and example of their own talented persons…

Remember this whenever you hear Mr. Obama talk about how much he wants to help to preserve the middle class.

 Zeke Miller | Wednesday Sept 5, 2012