Saturday, September 3, 2011

Stop the Hands of Time


Higher and Higher
Nonpartisan analysts and the Congressional Budget Office have credited the first stimulus package with helping to end the recession and keep unemployment from growing even higher than it did. They say the winding down of the federal government’s help this year has contributed to the economy’s stall. (NYT, 9/3/2011)


They did? Did we miss a memo?  RedStateVT is currently reading Ann Coulter's latest book - Demonic: How the Liberal Mob is Endangering America.  One of Coulter's most powerful tools is pointing out how liberals rewrite history to tell the story that they want to tell about themselves.  We now see this above in the story of the Great Recession - Obama had the thing under control until the mean Republicans refused to go along....  


Severity
The president rejected a proposed rule from the Environmental Protection Agency that would have significantly reduced emissions of smog-causing chemicals, saying that it would impose too severe a burden on industry and local governments at a time of economic distress......  The impact would have been felt heavily in a band of Midwest and Great Plains states that are not themselves major sources of ozone pollution and that will be critical 2012 electoral battlegrounds. (NYT, 9/3/2011)


Kid yourself not.  Should Obama get re-elected this regulation is back.  Just as we have predicted that Obama's 'evolving view' of gay marriage will become fully evolved at that same instant.


Depreciated
Citicapital, the financier of Burlington Telecom to whom the city owes more than $33.5 million, filed suit Friday in federal court seeking repossession of all equipment and millions of dollars in repayment and damages.


“BT continues to use Citibank’s equipment and vehicles unlawfully and without its permission and continues to depreciate the value of Citibank’s assets in order to generate revenue for itself,” the financial giant’s attorneys wrote in the lawsuit.


The city-owned utility provides television, Internet and phone services to some 4,000 residents and has been in arrears for much of its existence. Burlington Telecom also violated its state license by spending cash from general city accounts to keep the utility afloat. The provider has been unable to make payments to Citicapital, and the bank responded Friday by suing the city in federal court in Burlington.  (Burlington Free Press, 9/3/2011)

How exactly is Progressive Central down in Burlington going to get out of this one we wonder?  Our guess is that  it will be a combination of a friendly judge and liberal vilification of the mean old bankers.



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