Have nothing to do with the [evil] things that people do, things that belong to the darkness. Instead, bring them out to the light... [For] when all things are brought out into the light, then their true nature is clearly revealed...

-Ephesians 5:11-13

Tag Archives: Obama

This is the Largest Wealth Transfer in History

This article first appeared at The McAlvany Intelligence Advisor on Wednesday, January 21, 2015: 

English: Murray Rothbard in the 90's

Libertarian economist Murray Rothbard

Coinciding with the announcement from the IRS that January 20 is the start of the 2015 tax season came the report from two wealth management consultancies, Wealth-X and National Financial Partners, that the largest transfer of wealth in world history is about to take place. With Obama’s help and the acquiescence of the Congress, the IRS is hoping to partake in the windfall.

According to the Family Wealth Transfer Report, an estimated $16 trillion of wealth belonging to 211,275 ultra-high net worth (UHNW) individuals worldwide will pass to their heirs over the next 30 years. $6 trillion of that wealth is

Keep Reading…

“Audacious” State of the Union Speech to Push for Higher Taxes on the Rich

This article first appeared online at TheNewAmerican.com on Monday, January 19, 2015:

In what the New York Times termed an “audacious” move, President Obama will use his State of the Union speech on Tuesday night to push for higher taxes on the rich and big financial institutions, and give the money to the middle class still caught in the clutches of a slow economic recovery from the Great Recession.

The details are straightforward:

Keep Reading…

Obama to Burnish his Unrepentant Marxist Credentials in his State of the Union speech

This article first appeared at The McAlvany Intelligence Advisor on Monday, January 19, 2015:

From each according to his ability, to each ac...

From each according to his ability, to each according to his need

An anonymous source at the White House leaked the details of Obama’s State of the Union speech scheduled for Tuesday night. In a move deliberately designed to infuriate Republicans who thought they might hear from a repentant president sincerely interested in reconciliation, he will instead poke them all in the eye in a move that the New York Times called “audacious.”

Not happy with increasing the capital gains tax rate by 58 percent so far in his administration, from 15% to 23.8%, he will announce his plan to nearly double it, to 28%. Furthermore,

Keep Reading…

President Unveils Plan to Eviscerate Energy Boom With Methane Mandates

This article first appeared online at TheNewAmerican.com on Wednesday, January 14 2015:

The EPA was directed to set standards for radi...

On Wednesday, President Obama announced plans to move ahead with mandating methane emission reductions primarily directed at the renaissance in the energy industry.

This unleashes his Environmental Protection Agency to create new rules to limit methane emissions from cows, landfills, coal mines and, most particularly, the oil and gas industry. Unless derailed or challenged successfully by Congress, the new rules would become effective in late 2016.

Dan Utech, special assistant to the president for climate change, promised that the EPA’s new rules, which will be intended to cut methane emissions nearly in half over the next decade, will

Keep Reading…

Impacts of Lower Crude Oil Prices Continue to Spread

This article first appeared online at TheNewAmerican.com on Tuesday, January 13, 2015:

 

After oil forecaster Jeremy Warner got lucky last year when he accurately called the top in oil prices, with a fall to at least $80 a barrel, he doubled down by predicting “that the oil price will remain low for a long time, sinking to perhaps as little as $20 a barrel over the coming year before recovering a little.”

Warner got lucky once again when Goldman Sachs confirmed his prognosis, setting off an eye-popping five percent decline in oil to $45 a barrel which continued into Tuesday. Tuesday’s low was $44.20. As Goldman Sachs noted,

Keep Reading…

Politics Overwhelms Economics as Crude Drops into the $40s

This article first appeared at The McAlvany Intelligence Advisor on Wednesday, January 7, 2015:

English: Kingdom Centre, Riyadh, Saudi Arabia....

Kingdom Centre, Riyadh, Saudi Arabia.

Most prognosticators are concentrating on their understanding of economics to inform their predictions on how much lower crude oil prices can go. It’s a simple matter of supply and demand: supply is increasing, demand is decreasing (and it’s inelastic, to boot), so when demand meets supply – and “clears the market” as economists call it – crude will find a bottom.

One analyst at CNN expects oil to drop into the $30s, declaring that

Keep Reading…

Human Progress Is Accelerating, Says Cato

This article first appeared online at TheNewAmerican.com on Wednesday, December 31, 2014: 

Cato Institute

The Cato Institute continues to update its Human Progress website with sources from around the world showing graphically the enormous progress human beings have made in every conceivable area of their lives, especially over the last 50 years. 

From communications to the environment, from housing to transportation, there’s a data set that shows how far the human race has come in a very short period of time. 

Cato’s primary purpose in continuing to develop its HumanProgress.org website, already remarkably robust, is to dispel the common myth that things are getting worse, and at an accelerating rate: 

Keep Reading…

Court Rejects Attempt to “Regulate” Bullets & Shot

This article first appeared online at TheNewAmerican.com on Monday, December 29, 2014:

 

A 12 gauge shotgun shell in a transparent plas...

A 12 gauge shotgun shell in a transparent plastic hull, allowing the contents to be seen. From left to right: gunpowder, over-powder wad, shot wad, #8 birdshot, and over-shot wad

On Tuesday, December 23 Judge David Tatel of the District of Columbia’s Circuit Court of Appeals rejected another attempt to force the EPA to regulate bullets and shotgun shells out of existence. 

It wasn’t even close. The first time the environmentalist groups sued back in 2010 it was a frontal attack, demanding that the EPA prohibit the “manufacture, processing and distribution in commerce of lead shot [and] bullets.” The petition was thrown out on the basis that the EPA’s rules expressly and unambiguously prohibited the agency from making any such rules regarding bullets and shotgun shells. 

While the lawsuit was portrayed as “concern” for the Trumpeter swan and other creatures that might ingest the highly toxic lead bullets or shot lying on the ground left behind by hunters and shooting sportsmen, many saw it as a backdoor attack on the Second Amendment. 

Tatel had to wade through all the underbrush in order to reach his conclusion:

The EPA had no such power. 

Keep Reading…

New York Times Declares Victory in Release of Alan Gross

This article first appeared online at TheNewAmerican.com on Thursday, December 17, 2014: 

In its 2,000-word summary of the machinations involved in the 18-month-long effort to obtain the release of American citizen Alan Gross (pictured above with his wife) from his filthy Cuban jail cell, the New York Times once again revealed not only its partisan efforts to legitimize the Castro regime but also its intimate familiarity with and support of all the pieces and parts and participants involved in the release of Gross.

The New York Times, of course, has a pro-communist legacy dating back to before the days of Castro’s takeover of that unhappy island in 1959. At that time, the Times’ chief communist apologist,

Keep Reading…

GOP Folds, Helps Democrats to Pass the CRomnibus bill

This article first appeared at The McAlvany Intelligence Advisor on Wednesday, December 17, 2014: 

 

 

If the Guinness Book of Records had a category for “political taradiddles,” this from Barbara Mikulski, a Democrat from Maryland and the Senate’s Appropriations Committee Chairman, would certainly qualify for its top ten. After all was said and done, after all the back-room deals had been completed, after Senator Ted Cruz’s last minute attempt to stall the vote by claiming that the CRomnibus bill would unconstitutionally fund Obama’s immigration executive order without debate was quashed 74-22, Mikulski exulted:

It is remarkable in today’s era of slam-down politics that we, working on this committee, have been able to set aside our differences, work across the aisle, work across the Dome, to find a way to compromise without capitulation on principles.

The only word with validity that she used was “capitulation” – total and complete surrender – by the Republicans, the party still perceived by many to be the party of small government, fiscal responsibility, and personal liberty. The sell-out was nearly complete,

Keep Reading…

Voters Finally Learn What’s in the CRomnibus Bill Passed by the Senate

This article first appeared online at TheNewAmerican.com on Tuesday, December 16, 2014:

Official portrait of United States Senator (R-KY)

Kentucky Senator Mitch McConnell, the leader of the Republican sellout

The so-called CRomnibus bill (a combination of a Continuing Resolution and an omnibus spending bill covering dozens of federal agencies) was passed by the Senate late Saturday night, 56-40, approving government spending through next September.

Passage, although delayed slightly by complaints from Senator Ted Cruz (R-Texas) that it funded President Obama’s illegal immigration executive order without debate, was guaranteed when 24 Republicans, including every GOP leader, voted for it. This allowed some Democrats the opportunity to vote against it as a sop to constituents or to build their resumes in contemplated runs for the White House in 2016. They included newly inducted Senator Cory Booker (D-N.J.), along with Senators Elizabeth Warren (D-Mass.), Amy Klobucher (D-Minn.), and Kirsten Gillibrand (D-N.Y.).

Others whom Republicans bailed out with their “yea” votes included naysayers

Keep Reading…

The Second Amendment continues to Thrive, says Pew Research

This article first appeared at The McAlvany Intelligence Advisor on Monday, December 15, 2014:

Life has lately been hard for the anti-gunners and those opposed to the Second Amendment. According to Pew Research, it isn’t likely to get easier any time soon. For 20 years, Pew has been asking Americans a simple question:

What do you think is more important – to protect the right of Americans to own guns, OR to control gun ownership?

In 1993, the Second Amendment guaranteeing American citizens the right to keep and bear arms had few friends. According to Pew, just 34 percent of those polled thought it was more important than passing more gun control laws, while 57 percent favored more gun control legislation.

Its popularity hit bottom in March, 2000, about a year after the Columbine High School massacre in a Denver suburb, with just 29 percent supporting it compared to 66 percent wanting more controls.

Since then, however, Pew has been measuring a resurgence of support for the beleaguered guarantee,

Keep Reading…

Chris Hughes – Just the Man to Resuscitate The New Republic

This article first appeared at The McAlvany Intelligence Advisor on Friday, December 12, 2014:

Chris Hughes at Hacking Education event

Chris Hughes

Chris Hughes is so smart that he once was caught reading the French author Honoré de Balzac, in the original French. He led a pampered life, first attending and graduating from Phillips Academy in Andover, Massachusetts and then moving on to get a BA degree at Harvard University.

His roommates at Harvard were Eduardo Saverin, Dustin Moskovitz, and Mark Zuckerberg. Zuckerberg was fooling around with a computer program that would link Harvard students together online when Hughes suggested that the program be extended to other schools.

When Facebook was officially launched, Hughes became Zuckerberg’s spokesman, making himself wealthy in the process. In 2008, he helped a virtually unknown senator from Illinois get elected president by running a social network website for him called

Keep Reading…

Pew Research Shows Increasing Public Support for Gun Rights

This article first appeared online at TheNewAmerican.com on Friday, December 12, 2014:

Cover of "The Second Amendment"

Cover of The Second Amendment by Historian David Barton

On Thursday, just four days before the second anniversary of the horrific Newtown, Connecticut, massacre by Adam Lanza at Sandy Hook Elementary School, Pew Research released its latest poll on Americans’ view on the Second Amendment versus gun control. To some their conclusions were startling, while to others it was dismaying. The Washington Times reported that Americans’ support for gun rights “is higher than it’s been in decades,” while left-leaning CS Monitor was much more subdued, saying only that “Americans say protecting the rights of gun owners is more important than gun control.”

A closer look at the exact wording of the question that Pew has been asking Americans for 20 years, however, reveals a

Keep Reading…

Omnibus Bill Passes House, Funds Government Through September

This article first appeared online at TheNewAmerican.com on Friday, December 12, 2014: 

President Barack Obama holds a conference call...

President Barack Obama holds a conference call with House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid, in the Oval Office

At the very last minute, with time and funding for government agencies running out, the House voted 216-206 to pass the so-called “omnibus” bill on Thursday, opening the way for the Senate to pass it on Friday. President Obama has promised to sign it before the day is out.

It was sausage-making at its finest. Even Arizona Republican John McCain said “I hate it, I hate it, I hate it, I hate it” with many expecting him to vote for it on Friday anyway.

Instead of attempting to create and muster support for a temporary bill which would have left the heavy lifting to the newly elected incoming congress in January, House Speaker Boehner (R-Ohio) and President Obama decided that

Keep Reading…

The New Republic Magazine: New Format, Same Old Socialism

English: Chris Hughes Website

Chris Hughes, The New Republic’s new owner

This article first appeared online at TheNewAmerican.com on Tuesday, December 9, 2014: 

 

The announcement late last week by top staffers at The New Republic (TNR) magazine that they were resigning to protest its “new direction” was met with rejoicing on the Right and consternation and anger on the Left.

In his subscription newsletter, Gary North called it “great news,” noting that the magazine had “always been a mouthpiece of the American left.” Wrote North:

The disappearance of The New Republic is part of a trend. Part of the trend is the shift from printed to digital communications. The Left has not made the transition. The other part is the shift away from traditional American liberalism.

On the Left, establishment journalist Dana Milbank, a graduate of Yale University (where he was a member of Skull and Bones), and later the author of a polemic biography of Glenn Beck, took it personally. He attacked TNR’s new owner, Chris Hughes, calling him “a dilettante and a fraud.” He explained the reason for the mass exodus: 

Keep Reading…

Gas Prices: How Much Lower and Longer?

This article first appeared online at TheNewAmerican.com on Friday, December 5, 2014: 

On November 17, gas prices had dropped to $1.9...

It made headline news when a OnCue Express station in Oklahoma City dropped its price for regular unleaded gasoline to $1.99 gallon on Wednesday. What didn’t make the headlines is what happened next: Drivers seeking to save a few pennies created long lines at OnCue, and so another station down the street, responding to the competition, cut its price to $1.98 a gallon. By the end of the day, another station located in nearby Moore, Oklahoma, cut its price to $1.95 a gallon. 

Gas wars are back, helping consumers and providing living, breathing proof that, despite everything, the free market still works. 

Keep Reading…

Ferguson Businesses Damaged in Rioting Owned Mostly by Minorities

This article first appeared online at TheNewAmerican.com on Wednesday, November 26, 2014: 

When Jeniece Andrews got a call that her Ferguson, Missouri, antiques and jewelry store, Hidden Treasures, was on fire on Monday night, she dropped everything and headed to the store. By the time she got there, it was too late: Three years of blood, sweat, and tears had disappeared into the night air.

“I came and parked across the street, and I just broke down. I couldn’t believe it. Everything I worked for for three years with my husband was gone,” she told the Wall Street Journal.

Dayan, the Jewish owner of STL Cordless, also found his business destroyed by looters. Standing in the middle of his trashed electronics store, he told the Los Angeles Times,

Keep Reading…

Darren Wilson is the Forgotten Man in the Ferguson Shooting

This article first appeared at The McAlvany Intelligence Advisor on Wednesday, November 26, 2014:

 

With all the national media’s attention focused on the grand jury’s failure to indict Darren Wilson, the Ferguson police officer who defended himself against Michael Brown through the use of deadly force, and the subsequent riots and arson and looting that followed, precious little attention has been paid to Wilson.

All the media seems to be interested in is emotional outbursts from the unhinged mother of Brown who,

Keep Reading…

Ferguson: Grand Jury Does Not Indict Officer Wilson in Brown Case

This article was published by TheNewAmerican.com late Monday night, November 24, 2014, following the grand jury’s announcement:

The Ferguson grand jury turned down all five potential charges brought against Ferguson police officer Darren Wilson (shown), with none of them being persuasive enough to garner the nine votes necessary to indict him from the 12-member grand jury.

St. Louis County Prosecutor Robert McCulloch, heavily criticized for having close ties to law enforcement and therefore allegedly biased in favor of Wilson, announced the decision Monday night in a carefully crafted 20-minute statement designed to defuse nearly all of the potential charges that might be brought against his handling of the grand jury investigation. In the question-and-answer period following his presentation, it was clear that reporters who had already prejudged the verdict had been disarmed by McCulloch’s remarks.

Even President Obama, weighing in immediately following the verdict’s announcement, was hard-pressed to do much more than claim that

Keep Reading…

Many of the articles on Light from the Right first appeared on either The New American or the McAlvany Intelligence Advisor.