Cap & Trade HR 2454

Sec. 264

The Secretary of Energy is authorized to make
grants to private, nonprofit, mission-driven community
development organizations including community development
corporations and community development financial institutions
to provide financing to businesses and projects that improve
energy efficiency; identify and develop alternative, renewable,
and distributed energy supplies; provide technical assistance
and promote job and business opportunities for low-income
residents; and increase energy conservation in low income rural
and urban communities.

The purpose of such grants is to increase the flow of capital
and benefits to low income communities, minority-owned and
woman-owned businesses and entrepreneurs.

http://thomas.loc.gov/cgi-bin/query/F?c111:4:./temp/~c111PVUG8a:e684478:
This gives taxpayer money to ACORN-like and Women's Rights
groups.

1 Appropriations Bill and a CR

The Senate approved the $4.66 billion bill that funds the
legislative branch for Fiscal Year 2010, sending it to the
President. The bill also includes a continuing resolution
to fund government operations through October 31, as this
is the only one of the 12 annual appropriations bills to
have been completed before FY 2010 began.

Note that the President submitted his budget request about
6 months ago. The primary function of the House is to
appropriate funds to run the Federal Government. The CR
will fund the FG on FY 2009's budget til the end of the
month - or the next CR.

BUCHANAN TO OBAMA

By Patrick J. Buchanan

Barack says we need to have a conversation about race in
America. Fair enough. But this time, it has to be a two-way
conversation. White America needs to be heard from, not just
lectured to... This time, the Silent Majority needs to have
its convictions, grievances and demands heard. And among
them are these:

First, America has been the best country on earth for black
folks. It was here that 600,000 black people, brought from
Africa in slave ships, grew into a community of 40 million,
were introduced to Christian salvation, and reached the
greatest levels of freedom and prosperity blacks have ever
known. Wright ought to go down on his knees and thank God
he is an American.

Second, no people anywhere has done more to lift up blacks
than white Americans. Untold trillions have been spent
since the ' 60s on welfare, food stamps, rent supplements,
Section 8 housing, Pell grants, student loans, legal
services, Medicaid, Earned Income Tax Credits and poverty
programs designed to bring the African-American community
into the mainstream. Governments, businesses and colleges
have engaged in discrimination against white folks -- with
affirmative action, contract set-asides and quotas -- to
advance black applicants over white applicants. Churches,
foundations, civic groups, schools and individuals all over
America have donated their time and money to support soup
kitchens, adult education, day care, retirement and
nursing homes for blacks.

We hear the grievances. Where is the gratitude???

Barack talks about new 'ladders of opportunity' for blacks..
Let him go to Altoona, and Johnstown, and ask the white
kids in Catholic schools 'how many were visited lately by Ivy
League recruiters handing out scholarships for 'deserving'
white kids?'. Is white America really responsible for the fact
that the crime and incarceration rates for African-Americans
are seven times those of white America? Is it really white
America's fault that illegitimacy in the African-American
community has hit 70 percent and the black dropout rate from
high schools in some cities has reached 50 percent?

Is that the fault of white America or, first and foremost, a
failure of the black community itself?

As for racism, its ugliest manifestation is in interracial
crime, and especially interracial crimes of violence. Is
Barack Obama aware that while white criminals choose black
victims 3 percent of the time, black criminals choose white
victims 45 percent of the time?

Is Barack aware that black-on-white rapes are 100 times more
common than the reverse, that black-on-white robberies were
139 times as common in the first three years of this decade
as the reverse?

We have all heard ad nauseam from the Rev. Al about Tawana
Brawley, the Duke rape case and Jena ... And all turned out
to be hoaxes. But about the epidemic of black assaults on
whites that are real, we hear nothing.

Sorry, Barack, some of us have heard it all before, about
40 years and 40 trillion tax dollars ago.

We are a Christian Nation even if Mr. Obama says we are not.

Federal Bubbles

Auto sales were down from an annualized 14.1 million (Aug)
to 9 million (Sep). The reason is that the Feds created
another bubble with the Cash for Clunkers giveaway.
The housing bubble was created by the CRA of 1977 and
decades of threats of Civil Rights lawsuits if bankers didn't
make loans that they knew were bad. Investment bankers - who
were not subject to bank regulations - made huge fees by
securitizing the debt instruments. The politicians took credit
for the increase in home ownership and then blamed the bust on
"greedy capitalists."
"Stimulus" money is creating another bubble which will burst
probably next year. The $787B in taxpayer money injected into
the economy runs out at some point. If we buy $300B in toxic
mortgages, then what will a mortgage or CDO be worth when
taxpayer bailouts are removed? The $8K for "first-time buyers"
will end soon. The Fed's rate is one-fourth what is was when it
stoked the housing fires. Will bankrupt states fund new "shovel
ready" projects or will their unemployment soar?
Stock in corporations making student loans lost 90% of their
value when Congress reduced the subsidy. Now the Feds want to
directly fund student loans through the bureaucrats at the
Department of Education. Colleges like Hillsdale [MI] and Grove
City [PA] saw the danger decades ago and challenged [then] HEW
in court and lost. These private colleges must compete with the
deep-pocketed Feds to make a college education - without Federal
control - available.
The debt is soaring and unemployment is at 9.8% - the highest
since 1983. Those who follow the bubbles - like lobbyists and
their employers - can make fortunes. Taxpayers will pay the bill
with hidden taxes like weak dollar/inflation or indirectly through
taxes on businesses or bailouts of bankrupt states (CA, NY, IL, MA
etc).

Israel and Palestine

Obama's UN speech, 23 September 2009:
"The time has come to re-launch negotiations - without
preconditions - that address the permanent-status issues:

security for Israelis and Palestinians;

borders, refugees and Jerusalem.

The goal is clear: two states living side by side in peace
and security - a Jewish State of Israel, with true security
for all Israelis; and a viable, independent Palestinian state
with contiguous territory that ends the occupation that began
in 1967, and realizes the potential of the Palestinian people."

Security for Israel means that terrorists are not allowed to
kill Israelis by launching missiles from Gaza or the West Bank
- or anywhere else - and, terrorists stop suicide attacks. If
this happens, then Israel will stop counterattacks.

God gave the Jews the land (Genesis 15:18):
On that day the LORD made a covenant with Abram, saying," To
your descendants I have given this land, from the river of Egypt
as far as the great river, the river Euphrates.

Although Arabs claim to be descendants Abraham through Ishmael,
the Bible makes it clear that the descendants of Isaac and
Jacob (Israel) are the ones to receive the covenant blessing.

Israel can not and should not accept "a viable, independent
Palestinian state with contiguous territory." The Arab nations
need to accept the Arab refugees. They have never done this.
Also, to make the West Bank and Gaza "contiguous territory"
would split the nation of Israel into two non-contiguous parts.

Egyptian President Gamal Abdel Nasser expelled the United Nations
Emergency Force (UNEF) from the Sinai Peninsula in May 1967. Egypt
amassed 1,000 tanks and nearly 100,000 soldiers on the Israeli
border and closed the Straits of Tiran to all ships flying Israeli
flags or carrying strategic materials, receiving strong support
from other Arab countries. On June 5, 1967, Israel launched a
pre-emptive attack. The "the occupation that began in 1967"
resulted from the defeat of the Arab nations which had threatened
Israel.

The so-called "occupied territories" are part of the land given
to the Jews by God. None of it should have been relinguished!

Protectionism and tires

Obama imposed 35% tariffs on imports of tires that China
makes for the low-price end of the market. George Will
describes him as "invertebrate as he invariably is when
organized labor barks." No backbone or spineless are
less esoteric.
Since China is one of a handful of nations capable of
buying our debt, and, Obama is a debt specialist, he
seems either courageous or ignorant.
The costs of the president's sacrifice of the national
interest to the economic illiteracy of a single labor
union [United Steelworkers] may also include injuries
China might inflict by imposing retaliatory protectionism
or reducing its purchases of U.S. government debt,
purchases that enable Americans to consume more government
services than they are willing to pay for.
Obama said that his programs would create jobs. He just
didn't say which country the jobs would be created in -
certainly not the United States!

Global Warming again?

Obama was at the "United" Nations Climate Change Summit
in New York yesterday. The big meeting (Kyoto 2) is
scheduled for Copenhagen, Denmark in December.

Secretary of Energy Chu said Monday "The American public -
just like your teenage kids - aren't acting in a way that
they should act. The American public has to really understand
in their core how important this issue is."
This full-court press is necessary to convince us irresponsible
teens that this really is a crisis - and one not to be wasted!
Otherwise, how will the cap and trade tax be passed?

Charles Perry, a research hydrologist with the U.S. Geological
Survey in Lawrence, Kan., says there's a growing sense in the
scientific community that the earth may be entering into a
"grand minimum" — an extended period with low numbers of
sunspots that results in cooler planetary temperatures.

In July through August of this year, 51 consecutive days passed
without a sunspot, one day short of the record. As of Sept. 15,
the current solar minimum — with 717 spotless days since 2004 —
ranks as the third longest on record.

Perry cites data indicating that global temperature fluctuations
correspond to a statistically significant degree with the length
of the sunspot cycle and variations in solar activity. 1816, the
"year without a summer," was during an 1800 to 1830 grand
minimum when Europe became significantly cooler.