Tag: Bloomberg

Republican mayor defends mosque as Democrats mostly say nothing

~ Bob Morris ~ 5 Comments

Mayor Bloomberg strongly defends the Ground Zero mosque while Obama, Harry Reid, Howard Dean and other Democratic ‘leaders’ remain mute or attack it. Yet again, Democratic leadership shows itself to be both gutless and complicit with the far right.

Islam did not attack the World Trade Center — Al-Qaeda did. To implicate all of Islam for the actions of a few who twisted a great religion is unfair and un-American. Today we are not at war with Islam — we are at war with Al-Qaeda and other extremists who hate freedom.

The members of our military are men and women at arms — battling for hearts and minds. And their greatest weapon in that fight is the strength of our American values, which have always inspired people around the world. But if we do not practice here at home what we preach abroad — if we do not lead by example – we undermine our soldiers. We undermine our foreign policy objectives. And we undermine our national security.

Tell me again what the Democratic Party stands for? Because Bloomberg’s speech should have been made by Democrats, lots of them.

Racketeering 101: Bailed out banks threaten systemic collapse if Fed discloses information

~ Bob Morris ~ 2 Comments

Bloomberg filed an FIOA request with the Fed to get info about the bank bailouts. The Fed refused. Bloomberg went to court and a judge ruled the Fed must turn the documents over. Now banks are whining this would just be so unfair, put them at a competitive disadvantage, and probably cause the moon to move backwards in the sky and blood to fall from the skies as well.

In a nutshell – the banks want their complete opacity cake and eat it too, or else, the racket goes, the transparency that will somehow promote massive rumor mongering will again destroy capitalism. In the meantime, the Ken Lewises of the world can continue touting how stable their businesses are based on optimistic future projections, while implicitly, they continue to survive merely thanks to the cash granted them by you, taxpayers.

Elsewhere, Pension Pulse finds that Caisse, a huge pension fund manager in Canada, has lost so much money on stupidly structured deals that an investigation is called for.

There should be a full investigation to see if there were any bribes taken to accept these ludicrous terms. Bring in the best certified fraud examiners to go over all the Caisse’s fraud policies and procedures for allocating to external funds, including real estate, private equity and hedge funds.

They dig deep in the article, and find much more.

And finally, the Fed FDIC is running out of cash.

The looting of our economy by thugs in high places continues.

Bloomberg: global warming “just as lethal” as terrorism

~ Bob Morris

Micheal Bloomberg

New York City mayor Michael Bloomberg told reporters Monday that global warming is as big a threat to humanity as terrorism, according to Reuters.

Does everything have to be equated to terrorism before this country can act on it? Is Bloomberg saying we should do regime change on stray carbon emissions or maybe blow the atmosphere to smithereens trying to eliminate the evildoer emissions?

“Terrorists kill people, weapons of mass destruction have the potential to kill enormous numbers of people, global warming has the potential to kill everybody” Bloomberg said.

Well then, global warming is thus a far worse threat than terrorism ever could be. And deserves a reasoned and coherent response, not one that implies a military-like response. We don’t need a War on Global Warming complete with scare tactics and fear, instead we need to develop renewable energy and clean transportation and have a optimistic approach.