Perpetual Fascism: Government Still Owns 458 Companies, Is Owed $133 Billion Under TARP

Brought to you by the friendly folks at the two main political parties.

As reported by the AP this week:

A government watchdog says U.S. taxpayers are still owed $132.9 billion that companies haven't repaid from the financial bailout, and some of that will never be recovered.

The bailout launched at the height of the financial crisis in September 2008 will continue to exist for years, says a report issued Thursday by Christy Romero, the acting special inspector general for the $700 billion bailout. Some bailout programs, such as the effort to help homeowners avoid foreclosure by reducing mortgage payments, will last as late as 2017, costing the government an additional $51 billion or so.

Read it all here.

John McCain: Anti-Mormon Tea Party Hobbits Cost Romney South Carolina

Here:

“We haven’t had time to do a real analysis of the Romney race in South Carolina, but once we break that down, there was some element of anti-Mormonism in that vote,” McCain asserted. “I’m not saying all of it, but there were elements there. There was nothing that Mitt Romney could have done.”

Could that bias, if it exists, extend beyond the Palmetto State to others in the South if the primary drags on? “I’m not sure [but] I don’t think so,” McCain said, pointing to Georgia as one place he doesn’t believe would hold Romney’s religion against him.

McCain cited the possible anti-Mormonism in response to a query about the growing Tea Party support Gingrich has begun to draw, particularly in Florida.

Emergency Rooms: Ronald Reagan's Illegal Immigrant Magnets

The Emergency Medical Treatment and Active Labor Act (EMTALA) is a U.S. Act of Congress passed in 1986 as part of the Consolidated Omnibus Budget Reconciliation Act (COBRA). It requires hospitals to provide care to anyone needing emergency healthcare treatment regardless of citizenship, legal status or ability to pay. There are no reimbursement provisions. Participating hospitals may only transfer or discharge patients needing emergency treatment under their own informed consent, after stabilization, or when their condition requires transfer to a hospital better equipped to administer the treatment.

Heritage Foundation Director Responsible for Healthcare Mandate Idea in 1989

It's one of three dirty little secrets about the Republicans that they are intellectually responsible for the healthcare mandate idea which we have so vehemently opposed but which now stares us in the face in ObamaCare. If ObamaCare were in fact a Bolshevik plot, that must mean the commies own also the Republican Party, not just the Democrat.

A Heritage Foundation director named Stuart Butler presented a paper in 1989 which contains the idea of the healthcare mandate, backed up by some of the absurd reasoning many of us had been attacking in the debate over the Senate healthcare bill, for example, the analogy between car insurance and health insurance.

The link to the full paper is here.

And here's an excerpt on the mandate:

This paragraph sounds like a Newt Gingrich talking point.

Boobs like Rush Limbaugh and Sean Hannity incessantly promote the Heritage Foundation to their audiences, while claiming the mantle of conservatism. But as we all come to learn sooner or later, saying doesn't make it so.

Government compulsion continues to be the nexus of political conflict in America. Unfortunately for us, the Republican establishment is for it as much as our enemies on the left.

For more, regrettably, see here:

It wouldn't have been at all odd for any of these Republicans to support the individual mandate in the past, because it was a Republican idea, hatched by Stuart Butler and some others at the Heritage Foundation. (Documentation here.) Heritage has desperately tried to disavow it, but to no avail. Even James Taranto of the Wall Street Journal, apparently present at the creation, concedes the point. You sometimes hear conservatives defend their past support for the individual mandate by saying that something was needed to head off more ambitious health insurance schemes like Hillarycare, but that's another way of saying that whenever a conservative proposes any solution to the health care crisis he or she does so in bad faith. Vote Republican if you like, but don't kid yourself that a Republican president would replace Obamacare with anything at all. Not even Romney would. You might even say especially Romney, since the issue has brought him nothing but grief since the 2012 cycle began.

Sarah Palin Wonders Why the So-Called Right Now Uses the Tactics of the Left Vs. Newt

She comes out in defense of Newt tonight here, and this is more true than she knows:

What we saw with this ridiculous opposition dump on Newt was nothing short of Stalin-esque rewriting of history. It was Alinsky tactics at their worst. ...

Well, "former" leftists, otherwise known as neo-conservative Israel-firsters, did this to Newt, and they ought to know! They are now comfortably wedded to the Republican establishment after co-opting formerly reliable conservative bastions like National Review.

Gov. Palin concludes with this:

I question whether the GOP establishment would ever employ the same harsh tactics they used on Newt against Obama. I didn’t see it in 2008. Many of these same characters sat on their thumbs in ‘08 and let Obama escape unvetted. Oddly, they’re now using every available microscope and endoscope – along with rewriting history – in attempts to character assassinate anyone challenging their chosen one in their own party’s primary. So, one must ask, who are they really running against?

Isn't it obvious? They're running against us.

Friends Meet Today About Florida, Around 1700 Hours

(source)

Rush Limbaugh Seriously Asks Us To Believe Elliott Abrams Was Spoon-fed

Not once. Not twice. But three times.

Transcript:

[I]t seems like Elliott Abrams has been had.  It seems like Elliott Abrams had a piece at National Review really ripping into Newt, was spoon-fed some out-of-context stuff. ...

So Jeffrey Lord got together with some peopl[e], and found out that it appears that Mr. Abrams been spoon-fed some stuff that he didn't question because there is an institutional dislike for Newt amongst the conservative establishment and so on and so forth. ...

[T]here were the videos of some examples selectively edited. You know, things left out and starting point of the edited version, not really the starting point. So there you have it. But, however, folks, I'm just gonna have to assume here that Elliott Abrams was spoon-fed this stuff by the Romney people.

Elsewhere in his remarks Rush lets this whopper fly:

Elliott Abrams' reputation is beyond repute [sic]. He's gold. He's the coin of the realm, and that's what made people curious.

Assistant Secretaries of State for eight years under Ronald Reagan aren't spoon-fed anything, particularly Harvard grads with BA, MA and JD degrees who go on to plead guilty to two misdemeanors of withholding information from Congress.

You know, doofusses who, [w]hile serving for Reagan and in the State Department . . . were integral players in the Iran-Contra affair. Abrams held many roles within the affair, some official and unofficial. This included working with CIA operations that got the U.S. onboard with the illegal shipment of arms and supplies.

Gee, what could Elliott Abrams and Newt Gingrich have disagreed about in 1986 which would have caused Abrams today to attempt to re-write Newt Gingrich's relationship with Ronald Reagan in order to discredit Newt's run for president?

An "institutional dislike"?

Try a fundamental difference over the meaning and limits of conservatism.

Gingrich's Low Taxes and Hard Money Scare the Bejeebers Out of Democrats

As seen here.

Romney believes in neither.

Rush Limbaugh is such a fraud today: Elliott Abrams was spoon-fed a bunch of Newt excerpts!!!

Like Eliott Abrams had no idea what Gingrich was saying in the well of the House every night for five hours, and is too stupid to remember today.

This is all about Gingrich's opposition to neo-conservatism. The whole controversy has become a veritable litmus test for it, and Rush tries to paper this over with some kakamaymee story while the Republican establishment, which is neo-conservative, launches a jihad against the former Speaker of the House, Ronald Reagan's best friend in the Congress.

'Co-opt Reagan! Co-opt Reagan!', that's the neo-conservative marching order.

Rush really does think his audience is stupid.

What a Shock: Washington Post Users Think Romney Won Debate

They also want him to have won. So they can beat him.

Conservatives think Gingrich was put on the defensive by Romney and that it was Santorum who scored the most important points against Romney. Gingrich was in a tough position, having to counter the Romney character assassination team without looking like the caricature of intemperance Romney is painting.

Insisting on audience participation also doubled back on Gingrich. Romney packed the house through his superior campaign organization, giving him the appearance of persuading.

Jan. 31 will tell the true tale, however, as elections always do.

2011 GDP Plummets 43 Percent to 1.7 Percent Overall, Q4 at 2.8 Percent, Q3 at 1.8 Percent

And don't forget. 25 percent of GDP is from government spending.

The Bureau of Economic Analysis reports today here:

Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 2.8 percent in the fourth quarter of 2011 (that is, from the third quarter to the fourth quarter), according to the "advance" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 1.8 percent. ... Real GDP increased 1.7 percent in 2011 (that is, from the 2010 annual level to the 2011 annual level), compared with an increase of 3.0 percent in 2010.

Mitt Romney To Tea Party: ObamaCare's 'Not Worth Getting Angry About'

From the debate last night, as reproduced here:

Santorum said, “Just so I understand this, in Massachusetts, everybody is mandated as a condition of breathing in Massachusetts, to buy health insurance, and if you don’t, and if you don’t, you have to pay a fine.”

Moments later, as the discussion over Romneycare and Obamacare continued, Romney rebuked Santorum, saying, “First of all, it's not worth getting angry about.”

Tax Collectors For The Welfare State

'Romney Will Be The Nominee and Will Lose': Ann Coulter at CPAC 2011

You know, if Ann Coulter keeps changing her mind about things, like about GOProud for instance, someone, somewhere, someday might actually accuse her of being a woman.

Here is the video.

h/t Legal Insurrection

(Maybe she now likes Romney so much because Mormonism makes changing your mind, say about blacks or polygamy, so easy).

'People matter more than Wall Street'

Quoted here.

Gingrich's Work Product: A Comma

"We therefore oppose any attempts to increase taxes, which would harm the recovery and reverse the trend to restoring control of the economy to individual Americans."

With the comma, you believe all tax increases would harm economic progress. Without it, you believe that only some tax increases would harm the economy.

Newt wanted the comma. Bob Dole did not.

Story here:

The Gingrich work product? Making certain that Ronald Reagan was not put on record leaving the door open for any more ill-fated tax increases. Dole was furious with the young Newt -- and, it might be noted, recently made a point of endorsing Mitt Romney. Hmmmmm.

Illinois Firearm Owner Identification Surged 6 Percent in 2010

In the wake of the Supremes' McDonald decision, which neutered Chicago's ban on gun ownership, it appears gun ownership has surged in Illinois, which requires a Firearm Owner's ID Card to purchase a gun in the state. It is thought many of the new holders of the cards are in Chicago.

I used mine in 1993 to protect myself from Bill Clinton.

The story is here:

As of Jan. 1, 2011, there were nearly 1.4 million FOID card holders statewide, compared to more than 1.3 million a year earlier, Bond said. That’s an increase of more than 6 percent.

Sen. Fred Thompson Comes Out For Newt Gingrich

Here:

I think the American people see what is going on there, see what's going on in their own country. That is why they are organizing in hamlets and communities and towns all across this nation. You know, some of them are called Tea Parties.

That's my view and I have come to the growing realization for me anyway that Newt Gingrich is the guy who can articulate what America is all about . . . and not just read the talking points or do it off the teleprompter.

He can make the case for free markets and our basic case that lower taxes can be good for everybody. Bring about growth, it's good for everybody. He is not afraid. He is tough. He is experienced. I don't think any more it's an advantage to be able to say I know nothing about the operation of the federal government. I know something about it. Newt knows something about it. It is a colossal mess. ...

He conceived and carried out really a revolution in American politics at that time. We were able to balance the budget for about four years in a row, pass welfare reform and begin to rebuild a depleted military. These things can be done, but we can't be apologetic about it or be tentative about it.

We can't look surprised, you know, if we get off of our talking points. We have to stand up to the establishment on both sides of the aisle and to the news media and carry this thing through. These times are different in America, Sean. The old rules don't apply anymore.

People are concerned. People are frightened. People see their country going in a direction that is different from the first principles that made us the envy of the world. That is why you're seeing people react the way they did in South Carolina.

Romney Distanced Himself From Reagan-Bush In 1994 Race Vs. Ted Kennedy

If anyone's had a question mark hanging over him about his fealty to Ronald Reagan, it is Mitt Romney, for this from 1994, as recounted here:

Kennedy said discussions about supporting families shouldn’t be used to score "political hits," prompting Romney to fire back that he wasn’t politicizing the issue -- Kennedy was.

   

"I mentioned nothing about politics or your position at all. I talked about what I’d do to help strengthen families, and you talked about Reagan-Bush. Look, I was an independent during the time of Reagan-Bush. I’m not trying to return to Reagan-Bush," Romney said, in a clear attempt to distance himself from the former president.

The irony being that Newt Gingrich and the Republicans were poised at the very same time to take an historic victory and extend the Reagan Revolution by recapturing the House.

So while Mitt Romney was running for Senate in Massachusetts in 1994 to the left, Gingrich and company were running right, against both HillaryCare and gays in the military.

So for the first 15 years of the Reagan Revolution Mitt Romney is firmly outside of the movement. It's not until the George W. Bush administration and while governor of Massachusetts that Mitt starts to think he too can become president, and dutifully tracks right.

Republicans didn't believe him in 2007 and 2008 and chose John McCain instead.

South Carolina voters have just said they don't believe him now, either. 

So Gingrich Didn't Treat Ronald Reagan Like a King. Big Deal.

The Washington Post has it correct, here:

According to then-assistant Secretary of State Elliot Abrams, Gingrich consistently voted for Reagan’s policies but was known more for his public criticism of the president. However, Reagan National Security Advisory Bud McFarlane, a Gingrich supporter, said Wednesday the congressman was “very influential” in the adoption of supply-side economics and the economic recovery.

On CSPAN Monday morning, Gingrich told Romney to stay out of fights “about a history he doesn’t understand.”