Archive for the ‘Nancy Pelosi’ Category

Profit Is Filthy

Wednesday, February 22nd, 2012

Nancy Pelosi has just released a statement regarding rising gas prices:

Washington, D.C. – Democratic Leader Nancy Pelosi released the following statement today on the rising gas prices across the country:

Independent reports confirm that speculators are driving up the cost of oil, hurting consumers and potentially damaging the economic recovery. Wall Street profiteering, not oil shortages, is the cause of the price spike.  In fact, U.S. oil production is at its highest level since 2003, and millions of acres have been cleared for additional development.

“We need to take strong action to protect consumers from this speculation.  Unfortunately, Republicans have chosen to protect the interests of Wall Street speculators and oil companies instead of the interests of working Americans by obstructing the agencies with the responsibility of enforcing consumer protection laws.  They have also repeatedly opposed our efforts to end billions of dollars in outdated taxpayer subsidies for oil companies enjoying record profits.

“We support efforts by the Obama Administration to expand domestic energy resources, including natural gas and renewable sources like wind and solar that create jobs in America and will end our dangerous dependence on foreign energy supplies.  This can be achieved because today, the United States currently has more oil and gas rigs at work than the rest of the world combined, and imports of foreign oil have decreased.

“We call on the Republican leadership to act on behalf of American consumers and join our efforts to crack down on speculators who care more about their profits than the price at the pump even if these spikes harm the American consumer and our economy.”

Remember this?

Former Speaker of the House–and current Minority Leader–Nancy Pelosi apparently bought $1 million to $5 million of Visa stock in one of the most sought-after and profitable initial public offerings (IPO) in American history, thwarted serious credit card reform for two years, and then watched her investment skyrocket 203%.

The revelation appears in Throw Them All Out, the new book by investigative journalist and Breitbart editor Peter Schweizer, which was the focus of 60 Minutes on CBS this evening, and which is featured in this week’s issue of Newsweek.

In Pelosi’s world, profiting from speculating on commodities is evil and is anti-American. However, front-running a Visa IPO and bringing in a 203% return is completely fine.

The Mayor isn’t even sure why Pelosi is against high gas prices. Steven Chu, Barack Obama’s Energy secretary, is all for it: “Somehow,” Chu said, “we have to figure out how to boost the price of gasoline to the levels in Europe.”

Relax, gas is only $8 -$10 in Europe.

Heck, if Pelosi is against high gas prices, she’s even at odds with her master, Barack Obama:

When asked whether he thought $4-a-gallon gas prices were good for the American economy, said, “I think that I would have preferred a gradual adjustment.”

Keystone, the moratorium in the Gulf, green energy policies, sabre rattling with Iran, Iran cutting oil supplies to France and England, the printing of trillions and trillions and trillions of fiat cash – yup, high gas prices must be the result of speculators.

Nancy Pelosi – the smartest liberal woman ever. And The Mayor is quite serious about that.

Pelosi taxes the world

Thursday, December 3rd, 2009


Why is the default position of the United States government, or any government, that the way to control costs is to raise taxes? What did you do with that $3.4 trillion we gave you last year, Nancy?

Pelosi is giving “a great deal of merit” to the idea of taxing financial transactions, which should be as wildly popular as bank fees. Reuters is dutiful in reporting this as a proposed “Wall Street tax” when it would really be an “any private citizen investor tax.” Does anyone else think that even a 5% sales tax has only a minimal impact on a transaction? (It’s all 12% now in BC thanks to our HST.)

But this is where she really oversteps her ground:

Pelosi has previously said the tax would have to be imposed internationally to keep Wall Street business from going overseas. Backers of the tax say they have crafted their bills to ensure that businesses would not migrate overseas.

I can’t wait to hear the justification from Paul Krugman on how this will boost the economy. The IRS is going to have to divert some of those extra 30,000 troops from Afghanistan into Green Beret tax agents. And how is she proposing to keep businesses in the United States? Does she think there really is a Hotel California? I suppose hanging around Barney Frank and Jared Polis count as pretty, pretty boys that she calls men. Oh well, just legislate the international IRS into existence and let the sovereignty of other nations work itself out from there.

Democrats in the House are considering the tax as a way to pay for new construction projects and other measures aimed at bringing down the country’s 10.2 percent unemployment rate.

Right, when unemployment was less than five percent in the US a year ago and we were told that this spending was necessary to create or save jobs. I figure in the next few years, spending will be triple the revenue intake and unemployment will be around 150%. If my figures seem a little off, at least I don’t think there are 500 million people in danger of being unemployed. My figures are still more accurate than hers.

Pelosi says full steam ahead, even if the Treasury secretary rejects it and two senators support the notion. House member John Larson also wants to apply this tax on all derivative trading, no matter where it happens.

It’s stunning that a punitive tax on all those people trying to invest their savings and help others grow businesses is going to be punished in order to supply public servants with even more goodies. Britain and Germany are even coming out with bank taxes to prepare for future bailouts! They’re anticipating having to do these bailouts ad infinitum! This is on top of most of the Troubled Asset Relief Program money that has not yet been spent. Most of it will be spent in 2010…which Pelosi is likely hoping will come just in time to fund her re-election.

I think that’s what the US government is planning here, too, with Wall Street constantly needing a “correction” by the government every so often. It’s a perfect way to guarantee government as economic saviour, permanently placing all of their thumbs into yet another aspect of private life.

Nancy Pelosi’s Lips

Thursday, November 12th, 2009


People That Make Out With Animals

Thursday, October 22nd, 2009


While it might look like Corey is getting a gentle peck on the face by this lovely bear, if you look a little closer you will see that the bear is actually gnawing Corey’s face off. And I think that’s what makes this picture extra funny. Like, America’s Home Video $10,000 winner funny. I guess Corey is going to have to *face up* to the fact that he’s only a neck and body now. Haha, keep your *chin up* Corey. Ha! Why the *long face* Corey? Bear *get your tongue* Corey?

Okay, now you’ve gone too far. You’ve hurt Corey’s feelings.

Since when is Pelosi’s use of “un-American” news?

Monday, August 10th, 2009


Nancy Pelosi espouses history without reflecting on it, just as she does in her uninspired opinion piece that appears in USA Today. You have to appreciate a writer who needs a spotter, and in this case it’s Steny Hoyer (D-Maryland), house Majority Leader, who should have an easy time out-shining the previous majority leader John Murtha.