11/17/11

ObamaMotors Still Too Big To Fail

UAW bailout fiasco balloons to $23.6B
The Treasury Department dramatically boosted its estimate of losses from its $85 billion auto industry bailout by more than $9 billion in the face of General Motors Co.'s steep stock decline.

In its monthly report to Congress, the Treasury Department now says it expects to lose $23.6 billion, up from its previous estimate of $14.33 billion.

The Treasury now pegs the cost of the bailout of GM, Chrysler Group LLC and the auto finance companies at $79.6 billion.
(from detnews.com)

Obama Pitches U.S. Down Rathole

We don't need no stinkin' future


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Wade Rathke EXPOSED Again!

#Obamaville, #OWS put ACORN, SEIU back in play
Don’t miss FrontPage’s other Union Gangsters profiles featuring Craig Becker, Richard Trumka, Stephen Lerner, Andy Stern, Jimmy Hoffa Jr., John Sweeney, Leo Gerard and Daniel De Leon.

In the connect-the-radical-dots evolution of radical leftists and their thuggish tactics, from the anti-Vietnam war protests of the ’60s to the OWS movement currently afflicting the American landscape, few men stand out more vividly than Wade Rathke.

Despite the fact the Rathke’s family members were prosperous ranchers from Orange Country, California, Rathke describes himself as a “professional organizer for over 35 years” who has “worked for and founded a series of organizations dedicated to winning social justice, workers rights, and a democracy where ‘the people shall rule.’”

His first use of those skills was his organization of draft resistance for the Students for a Democratic Society (SDS) after dropping out of Williams College in Massachusetts in the late ’60s. From there he moved onto a career with the NWRO (National Welfare Rights Organization) in Springfield, Massachusetts, under the direction of the late George Wiley, a black militant. Both men were dedicated to the Cloward-Piven Strategy, formulated by Columbia University sociology professors Richard Andrew Cloward and Frances Fox Piven. The strategy aims to implement the overthrow of capitalism by overwhelming the government with so many entitlement demands that the entire system crashes.
(full story at frontpagemag.com)




Click image for
President Obama's
Cloward-Piven Strategy




Meet Barack Obama (D-SEIU)

It's Good To Be An Obamunist

WH gives out chicks for free to Dem icons
President John F. Kennedy’s nephew, Robert Kennedy, Jr., netted a $1.4 billion bailout for his company, BrightSource, through a loan guarantee issued by a former employee-turned Department of Energy official.

It’s just one more in a string of eye-opening revelations by investigative journalist and Breitbart editor Peter Schweizer in his explosive new book, Throw Them All Out.

The details of how BrightSource managed to land its ten-figure taxpayer bailout have yet to emerge fully. However, one clue might be found in the person of Sanjay Wagle.

Wagle was one of the principals in Kennedy’s firm who raised money for Barack Obama’s 2008 presidential campaign. When Obama won the White House, Wagle was installed at the Department of Energy (DOE), advising on energy grants.

From an objective vantage point, investing taxpayer monies in BrightSource was a risky proposition at the time. In 2010, BrightSource, whose largest shareholder is Kennedy’s VantagePoint Partners, was up to its eyes in $1.8 billion of debt obligations and had lost $71.6 million on its paltry $13.5 million of revenue.
(from biggovernment.com)

Screw The Grandchildren

Obama Progs push national debt above $15,000,000,000,000.00

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How D.C. Progs Enrich Themselves

The rest of us would go to prison

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Obamaville Protest Surge Today

2012 re-elect GOTV continues apace

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(full story at michellemalkin.com)

Obama Termed 'Pathetic'

Presidebt Cloward-Piven continues to downgrade America

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Click image for
President Obama's
Cloward-Piven Strategy



USSR, Jan Opletal, Athens Polytechnic

On this day: November 17
The Russian Social Democratic Labor Party splits into two groups; the Bolsheviks (Russian for "majority") and Mensheviks (Russian for "minority") (1903)

U.S. recognizes Soviet Union (1933)

Nine Czech students are executed as a response to anti-Nazi demonstrations prompted by the death of Jan Opletal (1939)

The Screen Actors Guild implements an anti-Communist loyalty oath (1947)

President Richard Nixon tells 400 Associated Press managing editors "I am not a crook" (1973)

"17 November" is the name of a Marxist group in Greece, coinciding with the anniversary of the Athens Polytechnic uprising (1973)

b: Grace Abbott (1878); d: Robert Owen (1858), Ferenc Puskás (2006)


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