Wintery Knight

…integrating Christian faith and knowledge in the public square

Michele Bachmann questions Ben Bernancke

Awesome:

Partial transcript:

BACHMANN: So the Fed wouldn’t need to be buying all these treasuries then. We could find other buyers of our debt. Is that true?

BERNANKE: Yes.

BACHMANN: So then why are we doing it?

BERNANKE: To keep rates a little bit lower, to help support housing, automobiles, and other parts of the economy that need support.

BACHMANN: But if there are other buyers, why the FED?

BERNANKE: To get rates a little bit lower.

BACHMANN: So if my 18-year-old daughter was spending 40 percent more than what my husband and I were giving her, and she didn’t just do it this month but she did it the next month and the next month and the next month — and finally my husband and I said, ‘We’re just not going to bail you out anymore, we’re not going to continue to finance that overspending that you’re doing,’ and she said to me, ‘Mother, we need to align our solution with the problem,’ — in other words, you need to keep giving me that money because it’s really not a problem yet — I would say, I think you have a problem today.

And the reason why I would say that is because the analogy with the federal government, in January of 2007, our debt was 8.67 trillion. That debt today is closer to 16.5 trillion with the intra-government debt, according to your calculation.

Do you think that’s a problem, that in six years, we’ve gone from 8.67 trillion to 16.5 trillion?

BERNANKE: Certainly I think it’s a problem, and I think it’s important we have measures to bring down it down over time.

BACHMANN: But you said we need to align the solution with the problem. It seems to me we have a big problem. and I’ll tell you why. When I was home this last week and talking to a lot of women, they were telling me, ‘I don’t get this — gasoline at Christmastime was $2.99 a gallon, now it’s $4 a gallon.’ They say, ‘I can’t keep up with the price increases at the grocery store. And we just got our health insurance premium and its going to be $300-a-month more than what it was.’

And so all I want to say Mr. Chairman is that what I’m hearing from people is that they are having to deal with the inflationary pressure.

Inflation is nothing but a hidden tax on people who save their money so that they can be independent in their old age. It’s nice to see Michele looking out for savers like me.

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Abortion provider Planned Parenthood receives record amount of taxpayer funding

Dad sent this disturbing article from Fox News.

Excerpt:

Planned Parenthood reported receiving a record $542 million in taxpayer support in fiscal 2012, marking a steady increase in government funding despite Republican-led efforts at the state and federal levels to cut off that stream.

The funding figures were included in the abortion provider’s annual report released Monday. The numbers showed roughly 45 percent of Planned Parenthood’s budget now comes from taxpayer dollars.

Pro-life groups quickly seized on the report to renew their calls for Congress to “defund” Planned Parenthood.

“Americans are sick and tired of underwriting the nation’s largest abortion business,” said Marjorie Dannenfelser, president of the Susan B. Anthony List.

Republican Tennessee Rep. Diane Black said the report “underscores the pressing need to cut off all federal funding for Planned Parenthood.”

The Republican-controlled House voted in the last session to strip federal funding for the organization But the measure did not advance.

Separate efforts at the state level to yank funding have been blocked by the courts. Mostly recently, a federal appeals court in October blocked Indiana from carrying out a law to cut Medicaid funding for Planned Parenthood.

My other favorite Congresswoman, Marsha Blackburn, has already introduced the first pro-life bill of the new session of Congress. It’s up to the Republicans to protect innocent unborn children from the ravages of selfish, irresponsible adults. The Democrats are profiting from the killing, because right after Planned Parenthood collects all that taxpayer money, they turn around and make massive donations to the Democrat party. It’s all about the money for the Democrats. My other favorite Congresswoman, Michele Bachmann recently introduced a bill to repeal Obamacare, which forces businesses to offer abortion drugs as part of their health care plans.

Related posts

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Congresswoman Michele Bachmann’s Thanksgiving Day wishes

Here you go:

My favorite Congresswoman, and she’s wearing my colors, too! :)

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Should the Obama administration be apologizing to Afghanistan?

From National Review. (H/T Doug Groothuis via Mary)

Excerpt:

We have officially lost our minds.

The New York Times reports that President Obama has sent a formal letter of apology to Afghanistan’s ingrate president, Hamid Karzai, for the burning of Korans at a U.S. military base. The only upside of the apology is that it appears (based on the Times account) to be couched as coming personally from our blindly Islamophilic president — “I wish to express my deep regret for the reported incident. . . . I extend to you and the Afghani people my sincere apologies.” It is not couched as an apology from the American people, whose frame of mind will be outrage, not contrition, as the facts become more widely known.

The facts are that the Korans were seized at a jail because jihadists imprisoned there were using them not for prayer but to communicate incendiary messages. The soldiers dispatched to burn refuse from the jail were not the officials who had seized the books, had no idea they were burning Korans, and tried desperately to retrieve the books when the situation was brought to their attention.

Of course, these facts may not become widely known, because no one is supposed to mention the main significance of what has happened here. First, as usual, Muslims — not al-Qaeda terrorists, but ordinary, mainstream Muslims — are rioting and murdering over the burning (indeed, theinadvertent burning) of a book. Yes, it’s the Koran, but it’s a book all the same — and one that, moderate Muslims never tire of telling us, doesn’t really mean everything it says anyhow.

Muslim leaders and their leftist apologists are also forever lecturing the United States about “proportionality” in our war-fighting. Yet when it comes to Muslim proportionality, Americans are supposed to shrug meekly and accept the “you burn books, we kill people” law of the jungle. Disgustingly, the Times would inure us to this moral equivalence byrationalizing that “Afghans are fiercely protective of their Islamic faith.” Well then, I guess that makes it all right, huh?

Then there’s the second not-to-be-uttered truth: Defiling the Koran becomes an issue for Muslims only when it has been done by non-Muslims. Observe that the unintentional burning would not have occurred if these “fiercely protective of their Islamic faith” Afghans had not defiled the Korans in the first place. They were Muslim prisoners who annotated the “holy” pages with what a U.S. military official described as “extremist inscriptions” in covert messages sent back and forth, just as the jihadists held at Gitmo have been known to do (notwithstanding that Muslim prisoners get their Korans courtesy of the American taxpayers they construe the book to justify killing).

Do you know why you are supposed to stay mum about the intentional Muslim sacrilege but plead to be forgiven for the accidental American offense? Because you would otherwise have to observe that the Koran and other Islamic scriptures instruct Muslims that they are in a civilizational jihad against non-Muslims, and that it is therefore permissible for them to do whatever is necessary — including scrawl militant graffiti on their holy book — if it advances the cause. Abdul Sattar Khawasi — not a member of al-Qaeda but a member in good standing of the Afghan government for which our troops are inexplicably fighting and dying — put it this way: “Americans are invaders, and jihad against the Americans is an obligation.”

Because exploiting America’s hyper-sensitivity to things Islamic advances the jihad, the ostensible abuse of the Koran by using it for secret communiqués is to be overlooked. Actionable abuse occurs only when the book is touched by the bare hands of, or otherwise maltreated by, an infidel.

We’re doomed. Our foreign policy is being run by idiots.

ECM sent me this article that talks about how the U.S. Navy wants to engage in affirmative action in order to get more non-white SEALs. That’s right. Affirmative action for an ELITE military unit. Because elderly gay Hispanic women are not well represented in the Navy SEALs.

Filed under: News, , , , , , , , , , , , , , , , , , , ,

Perry and Bachmann to reassess their campaigns after disappointing loss in Iowa

Here are the Iowa election results from Fox News as of 2 AM on Wednesday morning:

Candidate Votes Percent
Santorum 29,968 25%
Romney 29,964 25%
Paul 26,186 22%
Gingrich 16,241 14%
Perry 12,592 11%
Bachmann 6,070 5%
Huntsman 744 <1%

And now the good news for Rick Santorum: Rick Perry and Michele Bachmann are both reassessing their campaigns.

Fox News:

Michele Bachmann said she’s soldiering on, giving no indication that she would bail on her Republican presidential campaign after a last-place showing in the contested Iowa caucuses, while Rick Perry, who finished just ahead of her in fifth, said he’s going back to Texas to “determine whether there is a path forward.”

“I believe I am the best conservative who can and who will beat Barack Obama in 2012,” Bachmann told supporters late Tuesday night following projections that she would be last in the six-way contest. Jon Huntsman decided not to compete in Iowa.

“In 2012, there could be another president in the White House. Who knows? There could be another Michele in the White House,” Bachmann said, referencing her shared name with first lady Michelle Obama.

Despite her pledges to go on, Bachmann campaign manager Keith Nahigian told The Associated Press that he couldn’t say with certainty whether Bachmann would go forward with her candidacy.

“I don’t know yet,” he said. “It’s hard to tell, but everything is planned.”

Asked about the report, Bachmann Communications Director Alice Stewart told Fox News that the AP story said it’s “uncertain.” “That’s true,” she said.

Bachmann’s 6 percent showing was a sharp turn after finishing in first place during the Ames, Iowa, GOP straw poll over the summer.

Perry, who doubled Bachmann’s raw vote total but earned only 11 percent overall, said he’s reassessing what he will do. He’s making that decision in light of the first-in-the-nation vote, but not before the Texas governor announced his campaign was making an ad buy in South Carolina, the third state to vote.

Perry has described the GOP presidential race as a marathon, but after spending the most of any campaign on Iowa advertising, his poor showing in Iowa won’t lend any momentum as the candidates go to New Hampshire, the first primary state of the election season, where Perry places last in polling.

The latest results are actually worse for Bachmann – 5%, not 6%. I think she should get out now and endorse Rick Santorum.

What’s interesting is that Mitt Romney had to spend a heck of a lot more money than Rick Santorum did in order to get the same 25% of the vote. What does that tell you about Mitt Romney as a candidate?

UPDATE: Bachmann is out, Perry is still in.

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