Here's the truth behind Obama and GM's claims that Obama's bailout turned GM around:
"Car dealerships’ lots are filling up with unsold trucks and SUVs because GM built more vehicles than it can sell in order to inflate sales claims and artificially boost its profits, The Daily Caller has learned."This is an election stunt. By Christmas, dealers will be giving these cars away.
ECONOMY:
David Stockman believes the price of all assets will fall, so he's holding dollars and gold as a hedge. That's what happened in 2008, so it's likely to happen again, but that's after the inflation. The inflation is happening now. The hard part is figuring out when the switch will come and adjusting accordingly.
TAX AND SPEND:
Obama's so-called tax on the rich will do significant harm to small businesses. The IRS agrees.
HEALTH CARE:
More health care corruption.
"Hospitals are ignoring state regulations that require them to report cases in which medical care harmed a patient, making it almost impossible for health care providers to identify and fix preventable problems, a report to be released today by the Department of Health and Human Services inspector general shows."Like the bureaucrats are going to fix anything. They're the problem, not the solution. The hospitals aren't reporting because that doesn't make them money, and it makes them look bad.
GLOBAL WARMING:
Writer compares Michael Mann's hockey stick graph to Jerry Sandusky's assaults on children. I'm flabbergasted. There is no comparison here, and I'm sure the original author would choose different words in retrospect. But I also don't believe there's any comparison in institutional culture for these incidents. Michael Mann has been exposed as a scientific fraud, but there is no way to compare scientific fraud to the rape of children.
POLICE STATE:
EFF challenges national security letter.
FBI failed to investigate Fort Hood shooter because of political correctness. And you thought the police protected you. Wrong. They protect the government from you.
Romney promises a vigorous porn crackdown. Doesn't he know that's the only sector of our economy that's growing?
POLITICS:
Between Obama's lies and Romney's unique inability to resist them, this campaign is even more of farce than usual.
Former Columbia University classmate of Obama claims Obama is following the Cloward and Piven strategy to collapse the US economy.
MISC:
Gunman kills 12 and wounds 50 Americans systematically and illegally disarmed and made easy prey by the government.
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