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Archive for February 26th, 2009

Scott Pelley reports for 60 Minutes on

Herbert and Marion Sandler – People who should be shot

Flap missed this piece, World of Trouble, from a few weeks ago on CBS’ 60 Minutes. Watch the video and weep.

As the reader contemplates the meltdown of the American economy, worries about their job, nurses their losses in their 401k or other pension fund, remember the origins and two of the greedy who helped precipitate it all – Herbert and Marion Sandler.

Also, remember that Flap had this post about the Sandler’s prior to the Obama election and linked the association of the Sandler’s and the FAR LEFT and George Soros multiple times here.

So, when someone asks you what or who caused the economic collapse…………


Herbert Sandler in the News Business – ProPublica.Org

The Forbidden SNL Soros/Sandler Skit – Now Edited and Redacted

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Slow Joe Biden at his best

Say it ain’t so, Joe. Because you are wrong to the point of another GAFFE.

Giving the republican response to President Obama’s speech Tuesday night, Governor Bobby Jindal pointed out fundamental differences in how republicans and democrats see the economy.

“But what I don’t understand from Governor Jindal is what would he do?,” asks Joe Biden while on the Early Show.
That rhetorical question to Governor Jindal on the Early Show, was followed with this.

“in Louisiana there’s 400 people a day losing their jobs, what’s he doing?” asks Biden.

But that claim is wrong, if you look at the numbers from the Louisiana Workforce Commission.

“In December, Louisiana was the only state in the nation besides the District of Columbia, according to the national press release that added employment over the month,” says Patty Granier with the Louisiana Workforce Commission. According to her, not only is Louisiana not losing jobs. “The state gained 3,700 jobs for the seasonally adjusted employment,” Granier said of the most recent figures.

You don’t even have to take my word for it, these are number you can check out yourself if you just go to, there you can find the latest unemployment statistics, statistics that appear to directly contradict what the vice president said this morning.

The GAFFE MACHINE that keeps on giving.

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First was the Obama spening and now here come the taxes beginning in 2011 over a course of ten years. Right back to the 1970’s and higher marginal rates with disincentives to work and produce.
On people making more than $250,000:

  • $338 billion – Bush tax cuts expire
  • $179 billlion – eliminate itemized deduction
  • $118 billion – capital gains tax hike

Business Tax Increases:

  • $17 billion – Reinstate Superfund taxes
  • $24 billion – tax carried-interest as income
  • $5 billion – codify “economic substance doctrine”
  • $61 billion – repeal LIFO
  • $210 billion – international enforcement, reform deferral, other tax reform
  • $4 billion – information reporting for rental payments
  • $5.3 billion – excise tax on Gulf of Mexico oil and gas
  • $3.4 billion – repeal expensing of tangible drilling costs
  • $62 million – repeal deduction for tertiary injectants
  • $49 million – repeal passive loss exception for working interests in oil and natural gas properties
  • $13 billion – repeal manufacturing tax deduction for oil and natural gas companies
  • $1 billion – increase to 7 years geological and geophysical amortization period for independent producers
  • $882 million – eliminate advanced earned income tax credit

Hope and change?

Probably not so much for two income households and businesses – particularly in oil and gas.

Looks like hope for more taxes in the near future with massively increased government spending in the short run.

Now, can you say Obama is a typical tax and spend liberal?


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strickland feb 16 b

State Sen. Roy Ashburn, R-Bakersfield, foreground, shrugs his shoulders as he leaves a conversation with state Sen. Alex Padilla, D-Los Angeles, left, Jeff Denham, R-Merced, behind Ashburn, Tony Strickland, R-Thousand Oaks, and Dennis Hollingsworth, R-Temecula, right, at the Capitol in Sacramento, Calif., Monday, Feb. 16, 2008

In the GOP Coup that replaced Senator Dave Cogdill as California State Senate Minority Leader, it was little noticed that Flap’s own State Senator, Tony Strickland, ran for and lost the postion to Senator Dennis Hollingsworth. However, Strickland received the runner-up position: Assistant Senate Minority Leader.

So, what does the job entail?

As many as four races are on the target list for 2010 — the seats currently held by Republican Jeff Denham, and the ones being vacated by Democrats Dean Florez, Denise Ducheny. Republicans will also target Orange County Democrat Lou Correa.

The job of raising money and focusing caucus attention on those races will fall largely to the new Assistant Majority Leader, Tony Strickland, who ran against Hollingsworth in the race to replace Cogdill.

Strickland has his job cut out for him. But, watch Strickland’s integration of new media strategies, demographics and technology to bring these four seats into viable GOP contests.

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