There was a Pied Piper and it was Obama

I received this email today and I just had to share it. The sad part is that it is real and it is happening now.

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There was a Pied Piper who said,

"We live in the greatest country in the world. Help me change it!"
*And the people said, "Change is good!"

Then he said, "We are going to tax the rich fat-cats,".*And the people said "Sock it to them!"

"and redistribute their wealth."
*And the people said, "Show me the money!"

And then he said, "Redistribution of wealth is good for everybody"
*And Joe the plumber said, are you kidding me?"

And Joe's personal records were hacked and publicized.
*And one lone reporter asked, "Isn't that Marxist policy?"

And she was banished from the kingdom!
Then someone asked, "With no foreign relations experience, how will you deal with radical terrorists?"

And the Pied Piper said, "Simple. I'll sit down and talk with them and show them how nice we really are and they'll forget that they ever wanted to kill us all!"

Then the Pied Piper said, "I'll give 95% of you lower taxes."
*And one, lone voice said, "But 40% of us don't pay ANY taxes."

So the Pied Piper said, "Then I'll give you some of the taxes the fat-cats pay!"
*And the people said, "Show me the money!"

Then the Pied Piper said, "I'll tax your Capital Gains when you sell your homes!"
*And the people yawned and the slumping housing market collapsed.

And he said, "I'll mandate employer- funded health care for EVERY worker and raise the minimum wage."
*And the people said, "Gim'me some of that!"

Then he said, "I'll penalize employers who ship jobs overseas."
*And the people said, "Where's my rebate check?"

Then the Pied Piper actually said, "I'll bankrupt the coal industry and electricity rates will skyrocket!"
*And the people said, "Coal is dirty, coal is evil, no more coal! But we don't care for that part about higher electric rates."

So the Pied Piper said, "Not to worry. If your rebate isn't enough to cover your expenses, we'll bail you out. Just sign up with ACORN and your troubles are over!" Then he said, "Illegal immigrants feel scorned and slighted. Let's grant them amnesty, Social Security, free education, free lunches, free medical care, bi-lingual signs and guaranteed housing."
*And the people said, "Ole`! Bravo!" And they made him King!

And so it came to pass that employers, facing spiraling costs and ever-higher taxes, raised their prices and laid off workers. Others simply gave up and went out of business and the economy slowed even further. Then the Pied Piper said, "I am the Messiah and I'm here to save you! We'll just print more money so everyone will have enough!" But our foreign trading partners said, "Wait a minute. Your dollar isn't worth what it was. You'll have to pay more."
*And the people said, "Wait a minute. That's not fair!"

And the world said, "Neither are these other, idiotic programs you've embraced. You've become a Socialist state and a second-rate power. Now you'll play by our rules!"
*And the people said, "What have we done?"

But it was too late.
If you think this is a fairy tale, open your eyes and ears. It's happening RIGHT NOW!

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The new 2010 GMC-Obama "Revolution" sedan.

The new 2010 GMC-Obama "Revolution" two door sedan. Although this is the loaded version, it does not come with AM radio because the government deems talk radio as a distraction. The Revolution comes equipped with a perky two-cylinder power plant that will help save the planet. Be sure to order yours today at your nearest GMC-Government distribution center as there will be a two year waiting list. First 1000 customers will get an AlGore bobble-head for your dashboard.

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Obama and his pre-911 mindset

The Obama Administration is going back to a pre-911 mindset that will further our chances of a spectacular terror attack against the United States. This Administration will no longer use the phrase, “war on terror” and will instead use the liberal correct phrase, “overseas contingency operations." President Obama no longer refers to the terrorists at Camp Gitmo as Enemy Combatants as they will soon be living and planning the next terror attack in your neighborhood. Mr. Obama is planning to release some of the terrorists within our borders and give them government assistance to start a new life. So I guess the liberals now want a terrorist bailout?

Mr. Obama is planning to cut our military defense budget and trade away our missile defense shield to the Nu-Soviets in trade for international acceptance. I have stated before that Obama will make Jimmy Carter look like Rambo when this is all said and done. To placate the Muslims of the world, Obama plans to visit two mosques in his upcoming foreign travels, which is symbolism over substance. Candidate Obama promised to havlks” with our enemies, Iran, Syria and North Korea, so that they would understand that we mean them no harm. How is that going Mr. Obama? North Korea is about to launch an ICBM over Japan and I have heard nothing from your Administration.

As we speak, the tyrants of the world have that famed four hour erection that can be caused by Viagra, but in this case, caused by Obama. They see Obama as weak as they did Clinton and will act accordingly. If Obama had any balls, he would use that “unproven” missile defense technology and blow that N. Korean missile out of the sky. If Mr. Obama would do that, I would be his biggest supporter and have some confidence in his Commander-in-Chief skills.

The liberals and Obama seem to have this misconception that there is not a Global War on Terror and it is all just a misunderstanding. I am going to list some headlines of recent news stories and you tell me there is not a war against Islamo-Facist terrorism.

-Taliban militants are making ever bigger and more sophisticated bombs.

-Taliban suicide bomber kills 50

-Taliban suicide bomber kills 11

-Al Qaeda trained Britons return from Pakistan.

-Bin Laden urges Jihad against new Somali Government

-TWENTY Muslim separatists and seven soldiers have been killed in fighting in the southern Philippines.

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Obama's poll numbers continue to fall.

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President Obama's poll numbers continue to slide according the respected Rasmussen polling group. According to Rasmussen, " Forty-eight percent (48%) say the President is doing a good or excellent job on national security issues. That’s down four points from a week ago and the first time his numbers have dipped below 50% on the national security front." If Obama ever gets any real scrutiny from the media, I am sure those numbers will fall at a much faster rate.

Rasmussen goes on to state that the Presidential Tracking Poll for Thursday shows that 35% of the nation's voters now Strongly Approve of the way that Obama is performing his role as President. Thirty percent (30%) Strongly Disapprove giving Obama a Presidential Approval Index rating of +5. By comparison, George W. Bush had about a 13% higher numbers than the Messiah at this time in office. You have take into account that Bush was hated by the media and was being accused of "stealing" the election from the Global-Warming freak AlGore. The hostile press that Bush had to endure and the fawning press Obama now receives would actually make that 13% even more impressive.

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No more bailouts: Privatize the Post Office and Amtrak

It is high time that we change the constitution and allow the free market to take over our mail services. I do not understand how a company that has a monopoly in the market cannot seem to make a profit. The Post Office lost $2.8 billion in 2008 while the Post Master General raked in $263.575 last year with a “BONUS” of $135,000. Why did John E. Potter receive pay raises of 40 percent since 2006 and the bonus when his company is failing. Where is the phony outrage from our leaders in Congress? Where is the 90% tax on Mr. Potter’s bonus?

There is one factor in the Post Office not making a profit and that would be unions. It seems that any industry with a large presence of union thugs seems to have a hard time of making a profit. Airlines, Detroit Auto Makers and Amtrak. Amtrak has never made a profit since 1971 when it was created. The Obama Administration now wants the power to take over failing companies and run them into the ground like they have the Post Office and Amtrak. Why do liberals think that the government can successfully run a company when they cannot even run Medicare and Social Security.

It is time to privatize the Post Office and Amtrak and quit dumping billions of taxpayer moneys into the government cesspit. You will not see the liberal controlled congress or White House take any actions to privatize these companies. Union thugs are the liberals puppet master and they will do nothing to upset their applecart. I have a couple friends that work for the Post Office and they say that the US should privatize the agency and lessen the power of the Union thugs. I will not hold my breath!

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US Treasury Secretary Geithnet supports "super currency"

US Treasury Secretary Geithner is truly a mental midget that is in way over his head. Mr. Geithner expressed the willingness of the Obama Administration to accept the idea of the Communist Chinese proposal, outlined this week by central bank governor Zhou Xiaochuan, which called for a "super-sovereign reserve currency." The mere fact that Mr. Geithner is even considering the thought that the dollar may cease being the anchor of the global monetary system is unfathomable.

President Obama backpedaled by stating, "I don't believe that there is a need for a global currency. The reason the dollar is strong right now is because investors consider the United States the strongest economy in the world with the most stable political system in the world." The fact is the Dollar is not strong at present and I am not sure we have the strongest economy in the world. The Communist Chinese continue buying our debt and they are being encouraged to buy even more.

The dollar plunged instantly against the euro, yen, and sterling as Mr. Geithner’s comments flashed across trading screens. It seems every time someone from the Obama Administration opens their collective mouths, the markets plunge or the Dollar sinks. It almost seems that there is a concentrated effort to destroy the economy as much as possible. I guess Obama and the liberals have spent all the Dollars available so now is the time to spend some other currency.

Is it becoming apparent to all of you Obama supporters that you might have made a mistake? We warned you before the election that this guy was bad news. I have to admit, this guy is worse than I thought he would be. Mr. Obama nominated a tax cheat as Treasury Secretary and that nominee now supports getting rid of the Dollar. My God, the Apple Dumpling Gang continues it’s bumbling and is taking this once great country down the road to hell.

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Jake DeSantis of AIG quits with an op-ed to NYT

The following is a letter sent on Tuesday by Jake DeSantis, an executive vice president of the American International Group’s financial products unit, to Edward M. Liddy, the chief executive of A.I.G. It ran in The New York Times’s op-ed section. Mr. DeSantis is one of the many people that Obama and the liberals demonize on a daily basis. Mr. DeSantis is the type of person that made this country and his company prosper and is now made to look like the Devil incarnate.
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DEAR Mr. Liddy,

It is with deep regret that I submit my notice of resignation from A.I.G. Financial Products. I hope you take the time to read this entire letter. Before describing the details of my decision, I want to offer some context:

I am proud of everything I have done for the commodity and equity divisions of A.I.G.-F.P. I was in no way involved in — or responsible for — the credit default swap transactions that have hamstrung A.I.G. Nor were more than a handful of the 400 current employees of A.I.G.-F.P. Most of those responsible have left the company and have conspicuously escaped the public outrage.

After 12 months of hard work dismantling the company — during which A.I.G. reassured us many times we would be rewarded in March 2009 — we in the financial products unit have been betrayed by A.I.G. and are being unfairly persecuted by elected officials. In response to this, I will now leave the company and donate my entire post-tax retention payment to those suffering from the global economic downturn. My intent is to keep none of the money myself.

I take this action after 11 years of dedicated, honorable service to A.I.G. I can no longer effectively perform my duties in this dysfunctional environment, nor am I being paid to do so. Like you, I was asked to work for an annual salary of $1, and I agreed out of a sense of duty to the company and to the public officials who have come to its aid. Having now been let down by both, I can no longer justify spending 10, 12, 14 hours a day away from my family for the benefit of those who have let me down.

You and I have never met or spoken to each other, so I’d like to tell you about myself. I was raised by schoolteachers working multiple jobs in a world of closing steel mills. My hard work earned me acceptance to M.I.T., and the institute’s generous financial aid enabled me to attend. I had fulfilled my American dream.

I started at this company in 1998 as an equity trader, became the head of equity and commodity trading and, a couple of years before A.I.G.’s meltdown last September, was named the head of business development for commodities. Over this period the equity and commodity units were consistently profitable — in most years generating net profits of well over $100 million. Most recently, during the dismantling of A.I.G.-F.P., I was an integral player in the pending sale of its well-regarded commodity index business to UBS. As you know, business unit sales like this are crucial to A.I.G.’s effort to repay the American taxpayer.

The profitability of the businesses with which I was associated clearly supported my compensation. I never received any pay resulting from the credit default swaps that are now losing so much money. I did, however, like many others here, lose a significant portion of my life savings in the form of deferred compensation invested in the capital of A.I.G.-F.P. because of those losses. In this way I have personally suffered from this controversial activity — directly as well as indirectly with the rest of the taxpayers.

I have the utmost respect for the civic duty that you are now performing at A.I.G. You are as blameless for these credit default swap losses as I am. You answered your country’s call and you are taking a tremendous beating for it.

But you also are aware that most of the employees of your financial products unit had nothing to do with the large losses. And I am disappointed and frustrated over your lack of support for us. I and many others in the unit feel betrayed that you failed to stand up for us in the face of untrue and unfair accusations from certain members of Congress last Wednesday and from the press over our retention payments, and that you didn’t defend us against the baseless and reckless comments made by the attorneys general of New York and Connecticut.

My guess is that in October, when you learned of these retention contracts, you realized that the employees of the financial products unit needed some incentive to stay and that the contracts, being both ethical and useful, should be left to stand. That’s probably why A.I.G. management assured us on three occasions during that month that the company would “live up to its commitment” to honor the contract guarantees.

That may be why you decided to accelerate by three months more than a quarter of the amounts due under the contracts. That action signified to us your support, and was hardly something that one would do if he truly found the contracts “distasteful.”

That may also be why you authorized the balance of the payments on March 13.

At no time during the past six months that you have been leading A.I.G. did you ask us to revise, renegotiate or break these contracts — until several hours before your appearance last week before Congress.

I think your initial decision to honor the contracts was both ethical and financially astute, but it seems to have been politically unwise. It’s now apparent that you either misunderstood the agreements that you had made — tacit or otherwise — with the Federal Reserve, the Treasury, various members of Congress and Attorney General Andrew Cuomo of New York, or were not strong enough to withstand the shifting political winds.

You’ve now asked the current employees of A.I.G.-F.P. to repay these earnings. As you can imagine, there has been a tremendous amount of serious thought and heated discussion about how we should respond to this breach of trust.

As most of us have done nothing wrong, guilt is not a motivation to surrender our earnings. We have worked 12 long months under these contracts and now deserve to be paid as promised. None of us should be cheated of our payments any more than a plumber should be cheated after he has fixed the pipes but a careless electrician causes a fire that burns down the house.

Many of the employees have, in the past six months, turned down job offers from more stable employers, based on A.I.G.’s assurances that the contracts would be honored. They are now angry about having been misled by A.I.G.’s promises and are not inclined to return the money as a favor to you.

The only real motivation that anyone at A.I.G.-F.P. now has is fear. Mr. Cuomo has threatened to “name and shame,” and his counterpart in Connecticut, Richard Blumenthal, has made similar threats — even though attorneys general are supposed to stand for due process, to conduct trials in courts and not the press.

So what am I to do? There’s no easy answer. I know that because of hard work I have benefited more than most during the economic boom and have saved enough that my family is unlikely to suffer devastating losses during the current bust. Some might argue that members of my profession have been overpaid, and I wouldn’t disagree.

That is why I have decided to donate 100 percent of the effective after-tax proceeds of my retention payment directly to organizations that are helping people who are suffering from the global downturn. This is not a tax-deduction gimmick; I simply believe that I at least deserve to dictate how my earnings are spent, and do not want to see them disappear back into the obscurity of A.I.G.’s or the federal government’s budget. Our earnings have caused such a distraction for so many from the more pressing issues our country faces, and I would like to see my share of it benefit those truly in need.

On March 16 I received a payment from A.I.G. amounting to $742,006.40, after taxes. In light of the uncertainty over the ultimate taxation and legal status of this payment, the actual amount I donate may be less — in fact, it may end up being far less if the recent House bill raising the tax on the retention payments to 90 percent stands. Once all the money is donated, you will immediately receive a list of all recipients.

This choice is right for me. I wish others at A.I.G.-F.P. luck finding peace with their difficult decision, and only hope their judgment is not clouded by fear.

Mr. Liddy, I wish you success in your commitment to return the money extended by the American government, and luck with the continued unwinding of the company’s diverse businesses — especially those remaining credit default swaps. I’ll continue over the short term to help make sure no balls are dropped, but after what’s happened this past week I can’t remain much longer — there is too much bad blood. I’m not sure how you will greet my resignation, but at least Attorney General Blumenthal should be relieved that I’ll leave under my own power and will not need to be “shoved out the door.”

Sincerely,

Jake DeSantis

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