'This country will go bankrupt', Obama Doubts Gitmo Decisions

1) Obama criticizes some (his own) Guantanamo release decisions WASHINGTON – President Barack Obama says the U.S. hasn't done a good job sorting out who should be released from the Guantanamo Bay detention center. Obama says in a broadcast interview that some of the people released from the facility in Cuba have rejoined terrorist groups. He also says U.S. officials have not always been effective in determining which prisoners will be a danger once they are let go. See: http://news.yahoo.com/s/ap/20090321/ap_on_go_pr_wh/obama_guantanamo 2) VP adviser: AIG bonus tax may go too far WASHINGTON (AP) - Vice President Joe Biden's economic adviser warned Sunday that a congressional plan to tax American International Group Inc. executives' bonuses may go too far in using the tax code as a tool for retribution.  President Barack Obama has not said whether he would veto some version of a House-backed plan to heavily tax the $165 million in bonuses. Biden economist Jared Bernstein said it's important to look at what version of the proposal comes out of the Senate.  "I think the president would be concerned that this bill may have some problems in going too far—the House bill may go too far in terms of some—some legal issues, constitutional validity, using the tax code to surgically punish a small group," Bernstein said in a television interview. "That may be a dangerous way to go." Do ‘ya think?!?!?!? See: http://www.breitbart.com/article.php?id=D9734MA00&show_article=1 2b) Chicago Way extension runs right through D.C. Obama told Jay Leno he was surprised that those greedy AIG executives who helped lead the country into financial ruin were in line to receive $165 million in bonuses paid for by bailout cash authorized by his administration. "Stunned, stunned is the word," said Obama. Stunned? It turns out that his Treasury Secretary Timothy Geithner—who didn't pay all of his federal taxes but was still deemed worthy by Obama of collecting yours—knew all about the AIG bonuses weeks ago. See: http://www.chicagotribune.com/news/columnists/chi-kass-bd-22-mar22,0,5436164.column 3) Senator Gregg: 'This country will go bankrupt' WASHINGTON (CNN) – Even though he was almost a member of the new Obama administration, New Hampshire Republican Judd Gregg Sunday slammed President Obama’s approach to handling the country’s fiscal outlook. “The practical implications of this is bankruptcy for the United States,” Gregg said of the Obama’s administration’s recently released budget blueprint. “There’s no other way around it. If we maintain the proposals that are in this budget over the ten-year period that this budget covers, this country will go bankrupt. People will not buy our debt, our dollar will become devalued. It is a very severe situation.” Gregg, known as one of the keenest fiscal minds on Capitol Hill, also told CNN Chief National Correspondent John King that he thought it was “almost unconscionable” for the White House to continue with its planned course on fiscal matters with unprecedented actual and projected budget deficits in the coming years. See: http://politicalticker.blogs.cnn.com/2009/03/22/gregg-this-country-will-go-bankrupt/ And, Resistance grows to Obama's bigger government, See: http://www.reuters.com/article/newsOne/idUSTRE52L0J820090322 3a) GOP predicts doomsday if Obama budget passed WASHINGTON – Congressional Republicans on Sunday predicted a doomsday scenario of crushing debt and eventual federal bankruptcy if President Barack Obama's massive spending blueprint wins passage. See: http://news.yahoo.com/s/ap/20090322/ap_on_go_pr_wh/obama_economy 3b) Fed's secrecy policy 3 years old tomorrow: In 2006, money suppliers stopped reporting publicly on money supply Just last Wednesday the Fed said it would flood the teetering financial system with an additional $1.2 trillion.  The money will be used, the Fed said, to buy government bonds and mortgage-related securities in hopes of lowering the borrowing costs for home mortgages and other types of loans, thereby stimulating economic activity. In other words, the central bank will print more money to pay for the purchases.  What the Fed does not explain publicly is how those kinds of infusions of money out of thin air, with nothing to back it, reduce the purchasing power and assets of all Americans by devaluing the dollar. The $1.2 trillion is in addition to hundreds of billions already added to the system since the beginning of the year and dwarfs even the biggest government bailouts to date. See: http://www.wnd.com/index.php?fa=PAGE.view&pageId=92534 4) Shocker: 'Global warming' simply no longer happening  Temperatures dropping, fewer hurricanes, arctic ice growing, polar bear population up See: http://www.wnd.com/index.php?fa=PAGE.view&pageId=92557