Chicago Daily Observer

The Fed’s Next Move
Insight on whether there is anything else the Fed can do, with Brian Wesbury, First Trust Advisors; CNBC‘s Bill Seidman & Rick Santelli

Link to Video Offsite

Read More...

Nov 2008 85.60 -0.99

Dec 2008 85.60 -1.02

Jan 2009 85.90 -1.01

Feb 2009 86.10 -1.09

Mar 2009 87.11 -0.37

RBOB Gasoline

Nov 2008 1.9911 -0.0362

Read More...

Big Media want the presidential campaign to focus on “the issues” by which they mean the mesh of confusing statistics on the economy, tax cuts, energy and health care by which Obama…twisting and turning…endeavors to make himself invisible to hair-splitting evaluation. On the economy he is a master at changing direction to obfuscate the fact that he is a redistributionist. On foreign policy he is a veritable chameleon hiding the fact that in debate with Hillary Clinton he advocated negotiation with Iran with no preconditions. On energy he tongues-in-cheek a mention of drilling and says as an aside “yes, nuclear” but is the same-old, same-old. In issue debates, frankly, the truth isn’t in him. As he never has recognized absolutes of any kind, he is at a distinct advantage. He is a giant squid, inking the water with deception and the establishment media cheer him on-warning McCain that the worst ... Read More...

Judicial Watch, the public interest group that investigates and prosecutes government corruption, announced today that it has obtained documents detailing earmarks submitted by Barack Obama on behalf of his family and political supporters during his time in the Illinois State Senate. The documents were obtained under the Illinois Freedom of Information Act. Among the projects detailed in the documents uncovered by Judicial Watch:

Community of St. Sabina: In July, 2000, Obama helped secure a $100,000 grant for the Community of St. Sabina, a church headed by Father Michael Pfleger, a controversial and radical Catholic priest and Obama campaign contributor. Pfleger made news in March, 2008, for mocking then-presidential candidate Hillary Clinton from the pulpit of Trinity United Church of Christ, formerly run by Obama’s personal pastor the Reverend Jeremiah Wright. Read More...

As Cook County sheriff, I am responsible for running a 10,000-inmate jail, providing patrols to unincorporated areas and securing the courts.

But perhaps no part of our job is as difficult as the work done by our eviction units. On any given day, our deputies could be asked to throw a family out of their home, with all of their possessions left on a curb—sometimes pilfered through by those living nearby.

Where mortgage firms see pieces of paper, my deputies see people.

Yet no matter how difficult they are, evictions are part of our job.

What isn’t part of our job, however, is to carry out work on behalf of the multi-billion-dollar banks and mortgage industries.

Read More...

Five weeks ago, one of our regulars here at SAB took note of a Michelle Malkin piece on ACORN’s nefarious “voter registration” activities, here. Included was the fact that the Obama campaign had been forced to correct its filings with the FEC regarding payments made from “advance work” to “get-out-the-vote” work instead. ACORN, which claims to be non-partisan and a non-profit, was paid over $800,000 by the Obama campaign, through its front group, Citizens Services, Inc. for that so-called “advance work.” Obviously, the documentation supporting that “advance work” claim by Obama was fraudulent.

According to its website,

ACORN is a non-profit, non-partisan social justice organization with national headquarters in New York, New Orleans and Washington, D.C. To maintain independence, ACORN does not accept government funding and is not tax exempt.

A specific, month by month account of money paid by the Obama ... Read More...

So let’s sum up Obama’s Chicago connections. His chief financial supporter was Tony Rezko, now on his way to federal prison. His spiritual adviser and mentor was the Rev. Jeremiah Wright, of “God damn America” fame. And the guy who got him his only administrative job and put him in charge of doling out $50 million is William Ayers, a terrorist who was a domestic Osama bin Laden in his youth.

Even apart from the details of the Obama/Ayers connection, two key points emerge:

a) Obama lied and misled the American people in his description of his relationship with Ayers as casual and arm’s-length; and

b) Obama was consciously guided by Ayers’s radical philosophy, rooted in the teachings of leftist Saul Alinksy, in his distribution of CAC grant funds.

Since Obama is asking us to let him direct education spending by the federal government and wants us to trust ... Read More...