The Union News.: 12/14/10

12/14/10

The Greatest Theft In Human History

And union-dense lamestreams chose not to report it

Video:

Ruling Class Looters ♥ Cloward-Piven

Bipartisan overspenders near Progressive goal

Moody's warned Monday that it could move a step closer to cutting the U.S. Aaa rating if President Obama's tax and unemployment benefit package becomes law.

The plan agreed to by President Obama and Republican leaders last week could push up debt levels, increasing the likelihood of a negative outlook on the United States rating in the coming two years, the ratings agency said.

A negative outlook, if adopted, would make a rating cut more likely over the following 12-to-18 months.

For the United States, a loss of the top Aaa rating, reduce the appeal of U.S. Treasuries, which currently rank as among the world's safest investments.

"From a credit perspective, the negative effects on government finance are likely to outweigh the positive effects of higher economic growth," Moody's analyst Steven Hess said in a report sent late on Sunday.

(from reuters.com)

O-Surrogates Skirt Transparency

Union Bigs don't need no stinkin' disclosure

“Let me say it as simply as I can: Transparency and the rule of law will be the touchstones of this presidency.” -- Barack Obama, during his remarks when welcoming senior staff and cabinet secretaries, Jan. 21, 2009.

Obviously Department of Labor Secretary Hilda Solis chose to ignore this part of her boss’s speech.

The Department of Labor has made no effort towards making labor unions more transparent. In fact, it has made them less transparent while holding up transparency laws for private businesses and corporations that choose not to unionize.

Just last week the Department of Labor made another move confirming its labor union favoritism. The department rescinded the T-1 form requiring labor unions to disclose information about their trusts to their members and the general public.

(from netrightdaily.com)

Swindle of the Year EXPOSED!

Lame Duck Minority Digs Pork Too

Barack Obama won the great tax-cut showdown of 2010 - and House Democrats don't have a clue that he did. In the deal struck this week, the president negotiated the biggest stimulus in American history, larger than his $814 billion 2009 stimulus package. It will pump a trillion borrowed Chinese dollars into the U.S. economy over the next two years - which just happen to be the two years of the run-up to the next presidential election. This is a defeat?

If Obama had asked for a second stimulus directly, he would have been laughed out of town. Stimulus I was so reviled that the Democrats banished the word from their lexicon throughout the 2010 campaign. And yet, despite a very weak post-election hand, Obama got the Republicans to offer to increase spending and cut taxes by $990 billion over two years. Two-thirds of that is above and beyond extension of the Bush tax cuts but includes such urgent national necessities as windmill subsidies.

No mean achievement. After all, these are the same Republicans who spent 2010 running on limited government and reducing debt. And this budget busting occurs less than a week after the president's deficit commission had supposedly signaled a new national consensus of austerity and frugality.

Some Republicans are crowing that Stimulus II is the Republican way - mostly tax cuts - rather than the Democrats' spending orgy of Stimulus I. That's consolation? This just means that Republicans are two years too late. Stimulus II will still blow another near-$1 trillion hole in the budget.