Archive for April 14th, 2009

Will Obama Allow Goldman Sachs to Repay TARP

Posted in Barack Obama on April 14th, 2009 by John H – Be the first to comment

Reuters reports that the Goldman Sachs Group sold $5 billion worth of its stock to “dutifully” repay a federal bailout.

“We never believed the investment of taxpayer funds was intended to be permanent,” Goldman CFO David Viniar said on a conference call on Tuesday. “We view it as our duty to return the funds, as long as we can do it without negatively impacting our financial profile, or ability to act as a central liquidity provider to the global capital markets.”

However, the Treasury Department is concerned that the repayment will harm the recovery effort and motivate other banks to return their bailout money. 

Seeing as how the Obama administration has already prevented another bank from repaying it’s bailout money for the “greater good” I have a notion that the answer is nein.

True to Obama’s word, his administration is the only thing between Americans and the banks who want to return their money.

Homeland Security Warns Radical Right-Wing Extremists May Just be You

Posted in Barack Obama on April 14th, 2009 by John H – 3 Comments

The Department of Homeland Security is warning law enforcement that recent news is helping “right-wing extremist groups” recruit new members.

More important than wondering if that recent news includes DHS not enforcing immigration laws so that the Census Bureau, ACORN, and La Raza can redistrict the country or Obama granting 12 million illegals amnesty, is what does DHS consider to be right-wing extremists.

Apparently DHS has a pretty broad definition.

The report from DHS’ Office of Intelligence and Analysis defines right-wing extremism in the U.S. as “divided into those groups, movements and adherents that are primarily hate-oriented (based on hatred of particular religious, racial or ethnic groups) and those that are mainly anti-government, rejecting federal authority in favor of state or local authority, or rejecting government authority entirely. It may include groups and individuals that are dedicated to a single issue, such as opposition to abortion or immigration.”

So a group or individual who opposes abortion, illegal immigration, and unconstitutional federal power grabs will now be considered  “right-wing terrorists?”

Hopefully, the Tea Parties won’t have more to worry about tomorrow than just crazy leftists.  Wait… I guess it would be the same concern just backed by a federal abuse of authority.