5/5/10 GOP Leadership Press Conference
May 162010
House Republican Leaders discuss jobs and the economy after a House Republican Conference meeting.
Duration : 0:8:37
House Republican Leaders discuss jobs and the economy after a House Republican Conference meeting.
Duration : 0:8:37
Newt illustrates the choice the GOP, and America, faces in 2010 and 2012. Learn more at http://Newt.org
Duration : 0:36:18
“Salt of the Earth” was produced, written and directed by victims of the Hollywood blacklist. Unable to make films in Hollywood, they looked for worthy social issues to put on screen independently. This film never would have been made in Hollywood at the time, so it is ironic that it was the anti-communist backlash that brought about the conditions for it to be made. In many ways it was a film ahead of its time. Mainstream culture did not pick up on its civil rights and feminist themes for at least a decade.
“Salt of the Earth” tells the tale of a real life strike by Mexican-American miners. The story is set in a remote New Mexico town where the workers live in a company town, in company-owned shacks without basic plumbing. Put at risk by cost cutting bosses, the miners strike for safe working conditions. As the strike progresses, the issues at stake grow, driven by the workers’ wives. At first the wives are patronized by the traditional patriarchal culture. However, they assert themselves as equals and an integral part of the struggle, calling for improved sanitation and dignified treatment. Ultimately, when the bosses win a court order against the workers preventing them from demonstrating, gender roles reverse with the wives taking over the picket line and preventing scab workers from being brought in while the husbands stay at home and take care of house and children.
This film was selected for the National Film Registry in 1992 by the Library of Congress. It became public domain after its copyright was not renewed in 1982.
For more about “Salt of the Earth,” visit its IMDB page @ http://imdb.com/title/tt0047443/
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DOWNLOAD A QUICKTIME FILE OF THE FILM IN ITS ENTIRETY @ http://www.archive.org/details/salt_of_the_earth
Duration : 0:9:26
Rep. Dave Camp is right, this pork filled government-growing so called Stimulus Bill will not work, and in fact may do harm in the long run. Will someone please explain to me America’s road map to long term prosperity, because I don’t see it? And then after you’ve done that, you can explain to me how this spending bill will lead us in that direction.
Can you say pork? Can you say big government? Can you say deficit? Can you say irresponsible, inept representatives? If you can say these things, and understand there implications on the long term financial health of our country, then you know that we need to get our act together, and that does’nt include adding another trillion dollars of debt to our tab.
jbranstetter04
Debt and Deficit
The House and Senate may soon be asked to vote on economic stimulus legislation with a price tag near or exceeding $1 trillion over two years. It may even sooner vote on a resolution to release the second half of TARP funding, or $350 billion. Revenues will be down this year and next by percentages that few active Members of Congress have ever seen, and this Congress will find itself creating more debt more rapidly than any Congress in U.S. history just to meet current expenses.
However, the U.S. government is not alone in borrowing to stimulate its economy and to pay for current services. Every major economy, including the Asian giants, is in recession. Every government is borrowing or creating money and credit at historic levels. Furthermore, over the next three decades the need to find lenders to pay for promised income and health programs for retirees will only increase, particularly among those countries that experienced unusually rapid population growth following World War II.
Indeed, last spring one of the world’s leading credit rating agencies suggested that continued failure to reform entitlement programs would lead to such excessive spending and debt that U.S. bonds could well be downgraded to junk status.
While many Members are working to avoid this financial calamity, few have addressed the economic harm that massive borrowing will produce.
The Numbers of Debt and Deficit
Where is our nation in terms of the annual surplus or deficit and the total amount of U.S. debt?
First, the annual surplus or deficit:
•In FY 2000, the federal government had a surplus of $189 billion (as measured in the National Income and Product Accounts).
•In FY 2008, that deficit stood at $541 billion.
•Given the slow economy, the deficit will likely grow to $941 billion (including the second installment of TARP funds).
•If Congress passes an $800 billion, two-year stimulus bill, that deficit in FY 2009 could stand at $1.31 trillion and for FY 2010 could be $1.27 trillion.
•As a percent of GDP, the FY 2009 deficit could be 9.2 percent of GDP, and the FY 2010 could be 8.7 percent of GDP.
Second, the total amount of federal government debt:
•In 2000, total federal government debt stood at $5.7 trillion, or 58 percent of GDP.
•By 2008, that debt had grown to $10 trillion, or 70 percent of GDP.
•If Congress borrows the funds for its economic stimulus plan, total debt could grow to $13 trillion in FY 2009, or 92 percent of GDP.
•By 2010, total debt could grow to $14 trillion, or 95 percent of GDP.
http://www.speroforum.com/a/17708/Economic-stimulus-drives-deficit-and-debt
Duration : 0:5:45
IN FULL: President Obama spoke before Congress in his first State of the Union address.
Duration : 1:9:20
http://RevolutionNews.us — December 2009 — Deliberately timed to coincide with the start of the United Nations climate conference in Copenhagen, the Environmental Protection Agency on Monday declared that carbon dioxide, a naturally occurring gas thats essential to life on Earth, poses a threat to human health and welfare. This determination clears the way for the federal government to begin restricting energy production and restructuring the entire American economy.
The EPA cited a 2007 Supreme Court ruling declaring that carbon dioxide is a pollutant, subject to regulation under the Clean Air Act, but the science upon which that ruling was based has now been called into question when emails and internal documents between the UNs leading climate change scientists were leaked to the public. Contained with in the files was evidence of suppression, manipulation and destruction of climate data. The emails revealed that the entire historical climate record that is the basis for all determinations of climate change is based on inaccurate data and has been manipulated to match a political and economic agenda.
If the EPA acts unilaterally to restrict carbon dioxide emissions, the impact on the economy could be even worse than a cap and trade law enacted by Congress. The reasons for this move by the Obama Administrations EPA appear to be two-fold: First, to establish authority for President Obama to make enforceable agreements at the UNs climate conference even in lieu of a treaty or Congressional approval; and Second to give the administration leverage to coerce the Senate into enacting a cap and trade law just to lessen the economic damage that could be wrought by the EPAs heavy-handed restrictions of CO2.
At this moment, our national economy is under threat by carbon regulation schemes on three fronts: The Copenhagen conference designed to create a world carbon regulatory authority which could undermine our sovereignty; The cap and trade bill thats been passed by the House of Representatives and now awaits Senate approval; and the Obama Administrations decision that it can regulate carbon dioxide via the EPA even without approval by Congress.
For a preview of what this could mean to American families, one can look to Germany, where due to restrictions on carbon dioxide emissions, electricity costs three-times more than in the US and gasoline is now $8.00 per gallon.
You must make your voice heard loud and clear right now. This is no longer a far-away possibility. Its happening as you read this. Times up.
Take Action: If you dont think its a good idea to dramatically slash domestic energy production at a cost of trillions of dollars and untold American jobs over the politics of a discredited climate scare, pick up your phone and call the White House right now. Tell the Obama Administration you wont stand for this unparalleled fleecing of the American public. Call (202) 456-1111 to be heard today.
http://www.globalclimatescam.com
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http://RevolutionNews.us
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The Haight-Ashbury Homepage
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Duration : 0:11:0
President-Elect Barack Obama held his first press conference yesterday, one that focused mainly on the current economic crisis. One detail that flew under the radar, however, was which networks and newpapers got to ask questions, or, rather, which one didn’t get to ask a question. As Media Bistro notes, one network who was not called upon sticks out: Fox News.
It will be interesting to see how the conservative network adjusts to a political reality in which the Democratic Party holds the White House and substantial majorities in both houses of Congress. Michael Wolff, a Vanity Fair columnist who is writing an authorized biography on Rupert Murdoch’s career and family, claims that even Murdoch is embarrassed by Fox News
http://www.huffingtonpost.com/2008/11/08/fox-news-cut-out-of-quest_n_142404.html
CHICAGO — Inheriting an economy in peril, President-elect Obama warned on Friday that the nation faces the challenge of a lifetime and pledged he would act urgently to help Americans devastated by lost jobs, disappearing savings and homes seized in foreclosure. But the man who promised change cautioned against hopes of quick solutions.
“It is not going to be easy for us to dig ourselves out of the hole that we are in,” Obama said at his first news conference since winning the presidency on Tuesday.
The No. 1 priority, Obama said, is to get Congress to approve an economic stimulus plan that would extend jobless benefits, send food aid to the poor, dispatch Medicaid funds to states and spend tens of billions of dollars on public works projects. If the plan is not approved this month, in a special session of Congress, Obama said that “it will be the first thing I get done as president of the United States.”
In his first appearance since a jubilant election-night celebration, Obama sought to project an air of calm and reassurance to a deeply worried nation. He stood in a presidential-like setting with an array of eight American flags and a lectern showing a presidential seal above the words “The Office of the President Elect.” The stage behind him was lined with advisers he had summoned, his economic brain trust.
Almost 20 minutes late to his first meeting with reporters, Obama spoke for just 20 minutes and broke no ground with new policy announcements or disclosures of who would be in his Cabinet. In lighthearted moments, he joked about seances with dead presidents and the appeal of animal shelter dogs that are “mutts like me.”
A new jobless report offered no comfort. The unemployment rate climbed to a 14-year high in October,and 10.1 million people were out of work. In Detroit, General Motors reported a huge third-quarter loss and said it may run out of cash next year. Ford planned more job cuts after burning through billions of dollars of its own.
While standing back as long as Bush is president, Obama said his advisers would keep close watch on the administration’s efforts to unlock frozen credit and stabilize financial markets. Obama said he wanted to make sure the Bush administration was “protecting taxpayers, helping homeowners and not unduly rewarding the management of financial firms that are receiving government assistance.”
Obama spoke after he and Vice President-elect Joe Biden met privately with economic advisers to discuss ways to stabilize the economy.
“We are facing the greatest economic challenge of our lifetime, and we’re going to have to act swiftly to resolve it,” Obama said. He said he was confident that “a new president can have an enormous impact,” but he tempered that optimism by adding, “I do not underestimate the enormity of the task that lies ahead.”
“Immediately after I become president, I will confront this economic challenge head-on by taking all necessary steps to ease the credit crisis, help hardworking families, and restore growth and prosperity,” Obama said.
“Some of the choices that we’re going to make are going to be difficult,” he said. “It is not going to be quick. It’s not going to be easy for us to dig ourselves out of the hole that we are in.” But he said he was confident the country could do it.
http://www.huffingtonpost.com/2008/11/07/obamas-first-press-confer_n_142174.html
Duration : 0:10:50
WASHINGTON – President Barack Obama struck a balance between grim economic reality and a more hopeful outlook on Tuesday to try to reassure worried Americans their country will emerge from crisis “stronger than before.”
Riding high in opinion polls, Obama was careful to include a sober assessment of the economic emergency in his first speech to Congress, seeking to temper expectations that his administration’s rescue efforts would yield quick fixes.
But the politician whose memoir was called “The Audacity of Hope” and who won the White House in last November’s election amid chants of “yes, we can” was also back in stride, telling recession-weary Americans to expect better days ahead.
“While our economy may be weakened and our confidence shaken, though we are living through difficult and uncertain times, tonight I want every American to know this: We will rebuild, we will recover,” Obama said in the televised speech.
“And the United States of America will emerge stronger than before,” he told a chamber packed with lawmakers, cabinet members and invited guests.
The Democratic president also leveled a barrage of indirect criticism at his Republican predecessor George W. Bush for the country’s economic plight and bloated debt, warning that the “day of reckoning” had arrived.
Five weeks after taking office, Obama pressed the case for his economic plans while laying out a broad agenda, including a much-anticipated push for a healthcare overhaul and energy independence, to help build momentum for his young presidency.
The primetime State of the Union-style address to a joint session of the Senate and House of Representatives came against a backdrop of growing anxiety across the country in the face of the worst financial meltdown in decades.
While his public support is strong, Wall Street remains skeptical of his economic remedies.
Jittery investors sent U.S. stocks to a 12-year low on Monday, but the markets rallied on Tuesday on Federal Reserve Chairman Ben Bernanke’s assurances that the country’s troubled banks should be able to weather the downturn without being nationalized.
Trying to show he would make good on his promise of fiscal responsibility, Obama said he had identified $2 trillion in budget cuts over the next decade.
Obama, who rolls out his first budget proposal on Thursday, has vowed to halve the annual deficit by the end of his term.
Duration : 0:8:37
President-Elect Barack Obama held his first press conference yesterday, one that focused mainly on the current economic crisis. One detail that flew under the radar, however, was which networks and newpapers got to ask questions, or, rather, which one didn’t get to ask a question. As Media Bistro notes, one network who was not called upon sticks out: Fox News.
It will be interesting to see how the conservative network adjusts to a political reality in which the Democratic Party holds the White House and substantial majorities in both houses of Congress. Michael Wolff, a Vanity Fair columnist who is writing an authorized biography on Rupert Murdoch’s career and family, claims that even Murdoch is embarrassed by Fox News
http://www.huffingtonpost.com/2008/11/08/fox-news-cut-out-of-quest_n_142404.html
CHICAGO — Inheriting an economy in peril, President-elect Obama warned on Friday that the nation faces the challenge of a lifetime and pledged he would act urgently to help Americans devastated by lost jobs, disappearing savings and homes seized in foreclosure. But the man who promised change cautioned against hopes of quick solutions.
“It is not going to be easy for us to dig ourselves out of the hole that we are in,” Obama said at his first news conference since winning the presidency on Tuesday.
The No. 1 priority, Obama said, is to get Congress to approve an economic stimulus plan that would extend jobless benefits, send food aid to the poor, dispatch Medicaid funds to states and spend tens of billions of dollars on public works projects. If the plan is not approved this month, in a special session of Congress, Obama said that “it will be the first thing I get done as president of the United States.”
In his first appearance since a jubilant election-night celebration, Obama sought to project an air of calm and reassurance to a deeply worried nation. He stood in a presidential-like setting with an array of eight American flags and a lectern showing a presidential seal above the words “The Office of the President Elect.” The stage behind him was lined with advisers he had summoned, his economic brain trust.
Almost 20 minutes late to his first meeting with reporters, Obama spoke for just 20 minutes and broke no ground with new policy announcements or disclosures of who would be in his Cabinet. In lighthearted moments, he joked about seances with dead presidents and the appeal of animal shelter dogs that are “mutts like me.”
A new jobless report offered no comfort. The unemployment rate climbed to a 14-year high in October,and 10.1 million people were out of work. In Detroit, General Motors reported a huge third-quarter loss and said it may run out of cash next year. Ford planned more job cuts after burning through billions of dollars of its own.
While standing back as long as Bush is president, Obama said his advisers would keep close watch on the administration’s efforts to unlock frozen credit and stabilize financial markets. Obama said he wanted to make sure the Bush administration was “protecting taxpayers, helping homeowners and not unduly rewarding the management of financial firms that are receiving government assistance.”
Obama spoke after he and Vice President-elect Joe Biden met privately with economic advisers to discuss ways to stabilize the economy.
“We are facing the greatest economic challenge of our lifetime, and we’re going to have to act swiftly to resolve it,” Obama said. He said he was confident that “a new president can have an enormous impact,” but he tempered that optimism by adding, “I do not underestimate the enormity of the task that lies ahead.”
“Immediately after I become president, I will confront this economic challenge head-on by taking all necessary steps to ease the credit crisis, help hardworking families, and restore growth and prosperity,” Obama said.
“Some of the choices that we’re going to make are going to be difficult,” he said. “It is not going to be quick. It’s not going to be easy for us to dig ourselves out of the hole that we are in.” But he said he was confident the country could do it.
http://www.huffingtonpost.com/2008/11/07/obamas-first-press-confer_n_142174.html
Duration : 0:10:47
“You have told the American people that you support a trade policy which is selling them out.” —Rep. Bernard Sanders to Federal Reserve Chairman Alan Greenspan on 7/16/03.
You MUST watch this impassioned five minute video clip! Rep. Bernard Sanders (Independent-Vermont), now a US Senator, dresses down Federal Reserve Chairman Alan Greenspan in front of the House Financial Services Committee on 7/16/03.
Source: C-SPAN
C-SPAN regards video of government events to be in the public domain
Duration : 0:5:8