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Whoa!  Incredible fact filled analysis of the pre election GDP numbers released by Obama.

excerpt:  Disposable personal income decreased in nominal terms q/o/q by 5.9% while in real terms (inflation adjusted) it decreased q/o/q by 7.4%!  That is an enormous swing in purchasing power and not in the right direction!

Personal outlays increased $148.2 billion (5.8 percent) in the third quarter, compared with an increase of $8.2 billion (0.3 percent) in the second. Personal saving -- disposable personal income less personal outlays -- was $364.6 billion in the third quarter, compared with $533.1 billion in the second.

The personal saving rate -- saving as a percentage of disposable personal income -- was 3.3 percent in the third quarter, compared with 4.9 percent in the second.

So into decreasing personal income and disposable personal income people tried to spend anyway.  Best guess: most of this was "cash for clunkers", which is the worst sort of "spending" - it is the taking on of more debt by replacing a paid-off car with one that now comes with a shiny (and nasty) payment book.  The Trade: Go long auto repo outfits (aside: as far as I know there are no publicly-traded repo companies.)

Nothing in here I like; to the contrary, this report sucks and on a drill-down appears to be full of outright lies.

market-ticker.denninger.net/.......-Better-Than-Expected.html - Preview

obam-socialism marxism financial-crisis

A compiled list briefly profiling Obama's most important associations.  Most of whom are radical Marxists, racists and social revolutionaries hating Christians, Jews, and the ordered liberty guaranteed by our Constitution.  The list includes William Ayers, Carol Browner, Frank Marshall Davis, Anita Dunn, Dr. Eziekiel Emanuel, Rahm Emanuel, Chai Feldblum, Patrick Gaspard, Eric Holder, John Holdren, Valerie Jarret, Kevin Jennings, Van Jones, Mark Lloyd, Cecelia Munoz, Cass Sunstein, and uber racist Jeremiah Wright.  Good cheat sheet for future reference.

www.personalliberty.com/...7949 - Preview

marxism watermelons stallinist international-socialism obama-socialism

A declaration of War on the status quo ..... Excellent point-by-point summary of what has to be done to restore American liberty and prosperity, and the important role Sarah Palin can play.

This article presents a conservative manifesto describing wha thas to be done to save America. The points are absolutely excellent.

Excerpt: Mrs. Palin, you are now free of the Republican Party. The Party needs you more than you need it. To say that the Republican Party, on its own, has a charismatic void is a vast understatement. You are now free to wage all out war on the status quo. More importantly you are free to fashion a Reagan-esque Conservative alliance on your terms.

At the risk of being presumptuous, I would suggest the following lines of attack for your war against the Democrats and the Obama/ Pelosi / Frank/ Dodd Economy. Free market capitalism must be emphasized as our only true hope for recovery -- not the crony capitalism of the Democrats.....

Points include Energy Policy, Term Limit Congress, Repeal of government over-regulation, Taxes, the Judiciary, Border Protection, Abortion, Foreign Policy, and Dick "the Churchillian" Cheney

www.americanthinker.com/..._palins_declaration_of_in.html - Preview

socialism liberty conservative-manifesto obama-socialism marxism sarah-palin

NYTImes Review of Soros Book: "The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What It Means": At the start of this year, Soros, convinced (correctly) that the financial crisis was far from over, adopted a bearish investment strategy, which he describes thus: "short US and European stocks, US ten-year government bonds, and the US dollar; long Chinese, Indian, and Gulf States stocks and non-US currencies." Initially, some of these positions didn't pay off. Between January and March, US bonds rallied and Indian stocks tumbled, wiping out gains in other parts of Quantum's portfolio. Just how Soros has fared in the past few months of market turmoil may be known only to investors in Quantum, but it would be foolhardy to bet against him.

www.nybooks.com/21934 - Preview

soros marxism socialism politics financial-crisis economy hedge-funds obama

President Bush's speech at the Manhattan Institute defending Capitalism . All i can say is, it's about time someone stood up for American Capitalism.

"All this leads to the most important principle that should guide our work: While reforms in the financial sector are essential, the long-term solution to today's problems is sustained economic growth. And the surest path to that growth is free markets and free people.

In the wake of the financial crisis, voices from the left and right equate the free-enterprise system with greed and exploitation and failure. It's true this crisis included failures -- by lenders and borrowers and financial firms, and by governments and independent regulators. But the crisis was not a failure of the free-market system. And the answer is not to try to reinvent that system. It is to fix the problems, make reforms, and move forward with the free-market principles that have delivered prosperity and hope to people all across the globe.

Capitalism is not perfect. But it is by far the most efficient and just way of structuring an economy.

online.wsj.com/...SB122670648178429695.html - Preview

politics socialism capitalism marxism

The Heritage Foundation has put together an extensive list of articles on the Housing and Financial Markets Crisis. There are three issues of great concern. We need to get to the bottom of what caused this crisis and why? We need to understand how we got here before locking into to long term economic proposals that ignore the political root causes! We also need to understand how our government has managed to compromise the constitutional principals that served this country so well for so long. This page of articles and commentaries is a great place to start.

www.heritage.org/...HousingandFinancialMarkets - Preview

politics socialism capitalism usa-constitution founding-fathers liberty marxism european-socialism property-rights

Stephen CalaBresi of the Federalist Society describes Obama's view of the Constitution, and what he means by "negative liberties" and "economic and social justice". Calabrese also discusses the situation with judicial appointments and how these opportunities for the socialists will move us towards Obama's dream of replacing the rule of law and equaility before the law with the law of Obama empathy.

Calabrese's conclussion, "Nothing less than the very idea of liberty and the rule of law are at stake in this election. We should not let Mr. Obama replace justice with empathy in our nation's courtrooms".

online.wsj.com/...SB122515067227674187.html - Preview

wsj politics obama socialism marxism

What follows is by no means comprehensive, but it does shed some much-needed light on a number of Obama’s positions, statements, and associations about which he has been less than honest. We’ve attempted to boil each issue down to a succinct explanation with an accompanying, brief video clip—often starring Barack Obama in his own words. Before pulling the lever for someone who hopes voters will ignore his paper-thin resume, unsavory associations, and hard-left voting record, each citizen has a duty to do his due diligence.

hotair.com/...-argument-against-barack-obama - Preview

politics obama socialism marxism

The "change" he peddles is not new. We've seen it before. It is change that diminishes individual liberty for the soft authoritarianism of socialism. It is a populist appeal that disguises government mandated wealth redistribution as tax cuts for the middle class, falsely blames capitalism for the social policies and government corruption (Fannie Mae and Freddie Mac) that led to the current turmoil in our financial markets, fuels contempt for commerce and trade by stigmatizing those who run successful small and large businesses, and exploits human imperfection as a justification for a massive expansion of centralized government. Obama's appeal to the middle class is an appeal to the "the proletariat," as an infamous philosopher once described it, about which a mythology has been created. Rather than pursue the American Dream, he insists that the American Dream has arbitrary limits, limits Obama would set for the rest of us — today it's $250,000 for businesses and even less for individuals. If the individual dares to succeed beyond the limits set by Obama, he is punished for he's now officially "rich."

corner.nationalreview.com/post - Preview

politics obama socialism marxism

Speaking on a call-in radio show in 2001, you can hear Senator Obama say things that should profoundly shock any American — or at least those who have not taken the time to dig deeply enough into this man’s beliefs and affiliations. Read the text or <a href="http://www.youtube.com/watch?v=iivL4c_3pck">Hear it for yourself!</a>

article.nationalreview.com/?q=YmFhYzIzMGQ1Y2FlMTA4N2M1N2VmZWUzM2Y4ZmNmYmI= - Preview

politics socialism obama marxism

Community Organizer = Saul Alinsky Professional Radical and Revolutionary: If we discount his absences, Mr. Obama voted to ADA's approval more than 98% of the time.

This touches directly on the question of what, beyond the platitudes of unity, hope and change, Mr. Obama himself believes in. His voting record is one indication. Another is his intellectual evolution.

online.wsj.com/...SB122263955732783787.html - Preview

obama politics marxism

How Obama lost the election
By Spengler

DENVER - Senator Barack Obama's acceptance speech last week seemed vastly different from the stands of this city's Invesco Stadium than it did to the 40 million who saw it on television. Melancholy hung like thick smog over the reserved seats where I sat with Democratic Party staffers. The crowd, of course, cheered mechanically at the tag lines, flourished placards, and even rose for the obligatory wave around the stadium. But its mood was sour. The air carried the acrid smell of defeat, and the crowd took shallow breaths. Even the appearance of R&B great Stevie Wonder failed to get the blood pumping. ..."

Excelent article picked up by Rush Limbaugh 9/09/08

www.atimes.com/...JI03Aa02.html - Preview

politics marxism liberalism obama

Barack Obama's Lost Years
The senator's tenure as a state legislator reveals him to be an old-fashioned, big government, race-conscious liberal.
by Stanley Kurtz

www.weeklystandard.com/...printer_preview.asp - Preview

obama kurtz black-liberation-theology marxism

Stanley Kurtz has a long profile on Barack Obama's years in the Illinois State Senate: "Barack Obama's Lost Years: The senator's tenure as a state legislator reveals him to be an old-fashioned, big government, race-conscious liberal."

Kurtz's primary sources are the Hyde Park Herald and the Chicago Defender. Over the last few months, I have gone through a lot of the Chicago Defender stories myself. While I wouldn't spin the facts as negatively as Kurtz does, there are a lot of facts in Kurtz's story that people may not yet realize.

Kurtz on whether Obama is a liberal/progressive:

volokh.com/1217776374.shtml - Preview

kurtz obama black-liberation-theology marxism

good summary of the marxist and corrupt friends

online.wsj.com/...SB122005063234084813.html - Preview

obama kurtz ayers rezco auchi politics marxism liberty wsj

But for a party that supposedly has history on its side, the Democrats sure aren't acting like it. Substantively, Barack Obama's agenda would indeed result in the biggest expansion of government and income redistribution since LBJ. Not that voters would have picked that up in his acceptance speech last night. Democrats are instead pitching this program to Americans in terms that would make the Gipper proud.

Mr. Obama proposes one of the steepest tax increases in modern history, raising rates on personal income, capital gains, dividends and even death. The money Mr. Obama takes from taxpaying Americans he would hand to nontaxpaying Americans in the form of "refundable" tax credits. This is called a "tax hike" and "income redistribution" -- even in the Harvard economics department. And given Mr. Obama's concern with "inequality," you'd assume he'd be proud of it.

Instead, Mr. Obama is careful to declare these new government handouts a "tax cut for the middle class." Joe Biden, in his own nomination speech, stole a favorite Republican talking point, claiming Mr. Obama's dizzying array of tax credits would in fact "reform our tax code." And the Obama team likes to reassure voters his higher capital-gains and dividend tax rates would still be less than those under (can you guess?) Ronald Reagan.

online.wsj.com/...SB121997328181782099.html - Preview

liberty marxism reagan-conservative

I knew much of the information in this book before I read it, however, the depth and documentation this writer has presented are very thorough and believeable. This should be required reading my all Americans. Perhaps then enough will wake up and "throw the bastards" out of office. The scope of the book is long and large...too much to ignore and VERY credible. This makes it to my top ten list of "best reads". I thank the author for the time and dedication it took to write this.

www.amazon.com/...ref=cm_cr_pr_redirect - Preview

obama new-world-order marxism liberalism