NEW JERSEY – According to a new study by Dr. Sarah Arnett of the Government Accountability Office that measures the fiscal health of the fifty states in four categories, New Jersey ranks dead last in both annual budget and long-term solvency. The state’s poor performance in all four categories earned it the worst ranking of all fifty states in overall fiscal health.
Arnett’s report examines the health of each state according to four solvency categories: cash solvency, budget solvency, long-run solvency, and service-level solvency. (See definitions below.) (more…)
Suckers! The reparations wealth transfer from the hard working white middle class to the well connected race hustling class continues. We don’ have to prove nothin’ ….Whatcha gonna do about it .. just Holder saying it’s so MAKES it so … Hope! Change!
$1B coerced from “racist” lenders ….. and we’ve “Only Just Begun” …..
From Investor’s Business Daily:
“…..So “victims” were never actually identified. That’s why the complaint has to estimate that Ally discriminated against “approximately” 100,000 African-American borrowers.
More shocking, civil-rights prosecutors never actually checked the creditworthiness of those borrowers. That’s right, they never looked at credit scores, down payments, debt or other key risk-related factors banks consider to set interest rates. Not for blacks, or for supposedly “similarly situated” whites.
So how in the world can Justice claim “Ally’s specific policy and practice are not justified by a legitimate business need?”
It really can’t. That’s why it relies on statistics to “prove” such policies had a “disparate impact” on minorities, while arbitrarily finding those disparities so “significant” they can’t be explained by chance.
Arbitrary, because neither Justice nor CFPB will reveal its threshold for “significant,” despite repeated bipartisan requests from Congress.
The Credit Rating service Fitch notes that it may be more than just a desire to extort from the banks which lend in the auto market:
Fitch also notes that CFPB does not have jurisdiction over auto dealers and their practices. Actions taken against lenders could be an indirect way to regulate dealers.
A look through the CFPB “Advisory Groups” listings will show a “who’s-who” of Progressives with tentacles to well known fraud front groups, such as ACORN.
The official news release for the latest shakedown , er, “settlement” states it will consist of several parts: (more…)
In a bad omen for Democrats hopes in the mid-term elections, Barack Obama’s favorability rating has slide so far that he’s now nine points under the rating for our favorite crack-smoking Canadian mayor.
In the most recent polling, Rob Ford gets 47% of Toronto’s denizen’s approval, while Obama gets a dismal 38% from Americans. (link)
It’s one thing to hear pundits say you are racist for expecting quality performance from a black president, it’s quite another thing for the President to say it….
(Via Bloomberg) President Barack Obama said that racial tensions may have softened his popularity among white voters within the last two years, according to a story posted on the New Yorkermagazine’s website today.
“There’s no doubt that there’s some folks who just really dislike me because they don’t like the idea of a black president,” Obama said in the article by David Remnick, appearing in the magazine’s Jan. 27 edition.
“Now, the flip side of it is there are some black folks and maybe some white folks who really like me and give me the benefit of the doubt precisely because I’m a black president,” Obama said in his most direct comments on how race has affected his political standing since he’s been in office. (more…)
New York is so far beyond screwed the light coming from where screwed people live won’t reach New Yorkers for 4 years…..
NEW YORK – Mayor de Blasio’s wife, Chirlane McCray, wants her own office inside City Hall — and to play a hands-on, policy-setting role in her husband’s administration, sources told The Post.
Officials have been scouting space for New York City’s new first lady, who described herself as a “sounding board and partner” to her husband during his campaign and transition to mayor, a source said.
And the administration has been working on a portfolio of issues for McCray to tackle, another source said.
McCray would also like a staff — and her top pick to head it up is Rachel Noerdlinger, a longtime spokeswoman and confidant for the Rev. Al Sharpton, NY1 reported Friday. (read more)
Last night and early this morning, before the actual December jobs report was released, almost every political and media pundit was proclaiming “good news ahead”….
However, against the backdrop of Congress debating yet another unemployment extension; and knowing strong gains would undermine the liberal position to extend; and knowing the statistics are heavily manipulated in favor of political optics – it really was a no brainer to expect poor results.
USA TODAY – Bad weather helped the labor market close out 2013 in disappointing fashion as employers added just 74,000 jobs after several months of solid gains.
That’s the smallest number of new jobs since January 2011. The unemployment rate fell from 7% to 6.7%, lowest since October 2008, the Labor Department said Friday. (more…)
WASHINGTON DC – While members of Congress ended 2013 congratulating themselves for passing a budget, the media missed the fact that the agreement doesn’t actually avoid a government shutdown. The deal reached by Rep. Paul Ryan (R-WI) and Sen. Patty Murray (D-WA) provides simply a blueprint for government spending. Congress must still pass legislation detailing specific spending before January 15, when government’s spending authority expires. Government still faces a potential shutdown in a little over a week.
The budget agreement passed by Congress in the closing days of last year provides what is called the “top-Line” number, setting the overall level of discretionary spending. Congress still has to pass appropriations bills authorizing specific spending for thousands of government agencies, departments and programs. While there is agreement on the total amount of discretionary spending, there is far less agreement on how this spending is allocated. These agreements will have to be reached by the 15th, of the government would shut down again. (read more)
I am reminded of a previous conversation point we discussed in 2011.
Readers will know by now how often we have spotlighted a historical similarity between the former polish Solidarity Movement, and the ruse behind the current U.S. body politic as narrated by the media. So it’s a little ironic to see Solidarity Leader Lech Walesa speak openly about how diminished the U.S. influence is.
(via WeaselZippers) The Nobel Peace Prize-winning former president of Poland, Lech Walesa, says President Obama has failed to reclaim America’s role as a world leader.
“When he was elected… there was great hope,” Walesa said. “…. we were hoping Obama would reclaim moral leadership for America,” adding: “That failed.”
“…. in terms of politics and morality, America no longer leads the world,” he said. “…America did not regain its leadership status. We were just lucky there were no big conflicts in the world,” saying the world has relied on a strong America to maintain the balance of power around the globe.
“… It’s a dangerous situation so we are awaiting a president who will understand that,” he said. (link)
The last time a Democrat Politician held the office of New York Mayor was more than 20 years ago. Mayor Ed Koch (1978-1989 ) was a lifelong Democrat who described himself as a “liberal with sanity“. Koch later endorsed Rudi Giuliani, Michael Bloomberg, and George W. Bush – so you can tell he was not what modern politico’s would define as liberal, and by most current definitions he would not be considered a Democrat. Koch was socially liberal, but fiscally conservative – heck he ran as an independent in 85′.
Removing the one term David Dinkins (89′-93′) who was the city’s first black mayor, elected solely on the basis of his race, it is intellectually honest to say the last time a left-wing liberal held the New York office was, before Ed Koch, almost 40 years ago.
The last time left-wing liberalism was used in New York policy and governance was also almost 40 years ago. There’s a reason for that:
New York City was a nightmare under liberal policies. It was a petri dish of crime and decay brought upon by decades of Democrat/Liberal governance. You could not even think about walking through Central Park unless you were trying to get mugged, raped or killed.
Crime, drugs and criminal life had driven the city almost into total ruin. No-one was safe on the subway; hence a subway rider named Bernard Goetz famously said “enough”, and began to shoot the criminals in the subway cars. (more…)
