Hey All – welcome to the early edition of the Carnival – I’ll be taking off tomorrow. Also – as a little reminder – I’ll be on Steve Parry’s webcast this evening from 9:10 – 9:25pm EST. You can catch that here: http://www.blogtalkradio.com/TheAxisOfStevil/2009/04/12/The-Real-Deal
So – here is this week’s carnival – and I hope you all have a very happy Easter tomorrow.
Conservative
Silicon Valley Blogger presents Who’s To Blame For The Subprime Mortgage Mess posted at The Digerati Life, saying, “Thanks!”
Victimless crime? Mheh. Personally, I think all of those you mentioned are to blame, including the homebuyer. The victims here were the entire economy. I also like your suggestions there – spot on.
The Smarter Wallet presents Solving The U.S. Financial Crisis, One Financial Bailout At A Time posted at The Smarter Wallet, saying, “Thanks!”
I actually support the bonuses. Not that I’m happy about it since it was on taxpayer dollars – but – they were contractually obligated and the government knew about it up front. I’m just wondering why there was no outrage at the Fannie/Freddie bonuses that were given out for $216 Million – higher than the AIG bonus amounts. If the government had been doing their jobs up front with these TARP funds – there wouldn’t have been any bonuses.
Michael Haltman presents North Korea Follows Through: Now What? posted at The Political and Financial Markets Commentator, saying, “The Obama Administration Has Faced Its First Test And Failed”
I have been talking about this announced North Korean missile test ad infinitum, and it has now taken place. The North Koreans, in the face of international demands not to fire this missile test/satellite, have done it anyway…”
I believe this is just one test among many that Biden was talking about. You are absolutely right – Obama failed – especially by pointing to the U.N. to take care of the situation. The U.N. is useless. Newt was right – we should have taken out this missile before it even launched. Unfortunately, Obama is all talk and rhetoric. I don’t think he has the balls necessary to protect this country with our military might.
Jon T. presents The Mustang Ride: Danger! Bridge Out! posted at The Mustang Ride, saying, “I ended up doing a 6 part series on Danger! Bridge Out! It is political I just had to set up the storyline to get there. I hope that you enjoy it. Thanks. Jon T.”
Thanks Jon – I’ll let this one by to see where it goes from here. Looking forward to the next submission. I can potentially see where this might lead down the road to a political discussion – but – it’s not quite there yet.
lsm presents The Audacity of North Korea. posted at awaken the elephants blog.
There are a couple other submissions this week regarding this same subject. You have added some additional details and made some very valid points. North Korea and Iran just really don’t give a shit. They have consistently defied the U.N. (what a freakin’ surprise) and they know that Obama doesn’t have the balls to do anything about it either. We’re treading in to some dangerous waters now and Obama didn’t bring a life preserver.
Liberal
vjack presents Faith-Based Initiatives and War Crimes: Obama is Failing Miserably posted at Atheist Revolution.
VJack – while I can agree with you regarding the faith-based initiatives – (for the record, while being a Conservative Christian – I am in full agreement with keeping religion out of politics) – I don’t believe that Bush or his administration have committed any war crimes. That will be a very hard one to prosecute as the President as the Command-in-Chief has very broad powers. Also, the fact that he was given authority from Congress also points he fingers back at every single Dem who voted Aye on the resolution also has to be found guilty as well.
Also – just one thing – We told you so. Obama was just fronting during the entire election.
Libertarian
Archvillain presents Liberty Wept posted at A Dark and Sinister Force for Good, saying, “Why are we (the People) allowing our elected officials to destroy our liberties?”
As always, Archvillain – thanks for the great contribution to this carnival. You hit the nail on the head with this post. I’m hoping that people are starting to realize this. It didn’t start with the Bush administration as many would believe. I think this actually started going all the way back to Woodrow Wilson and each administration after that has just continued to erode our rights little by little. I think there are more libertarian people in this country than they realize. I think as people start reading history and really paying attention to politics – more are going to realize they are libertarians and will demand our freedoms back.
Miscellaneous
C. E. Dowalt presents Shoot Down that Missile, Save the Dollar posted at Money Confidential.
I’m not entirely sure Obama will awaken either considering the fact he is toying with the idea of allowing Iran to go forward with their nuclear ambition. They just had their “grand opening” celebration of their first nuke plant this past week and no one said or did anything. I believe that Obama is going to be even more dangerous for our national security than was Carter. Great post.
News
Len Penzo presents Don’t Fall for the Siren’s Song of Socialism posted at Len Penzo . Com, saying, “In a poll conducted this week, Rasmussen Reports found that only 53% of Americans think capitalism is better than socialism. I truly fear for the future of this great country. Here my synopsis of everything wrong with socialism. You can call it the capitalist gospel according to Len.”
Great synopsis. When I heard that I was absolutely shocked. I guess the only bright side of it is that 27% said they don’t know. There actually is only 20% who absolutely say that socialism is better than capitalism. Perhaps we can convice the other 27% they need to side with free-markets and capitalism. I’m still apalled that there are 27% that don’t know.
I like the way that you broke those numbers down a little better to represent the over 40 crowd. You would think those of us in that age bracket would overwhelmingly support capitalism versus socialism. I think our liberal education system, as with you, as a major reason for this downward turn. I can appreciate your discussion regarding the reason why socialism should be discouraged. Good post Len.
Politics
Wenchypoo presents Why the Scum Always Seems to Rise to the Top posted at Wisdom From Wenchypoo’s Mental Wastebasket.
Nice post Wenchypoo – there were some of us out here that were awake and have been trying to warn the sleeping Americans before they hit the voting booths. I’m with you – let’s take it back and hope there are enough Americans out there that have actually woken up. However, considering on 53% of this country believe capitalism is better than socialism – I’m not so sure right now.
Mark Couturier presents The Deranged Divas of Code Pink (Pt. 1 of 2) posted at Independent-American.
Mark – these are both great posts. Those Code Pink ladies are dangerous nutjobs indeed. I have a problem with any member of this society that will spit on our American soldiers. Their next foret in to economics is a bad idea. Thanks for keeping us all up to date on this. Personally, I had not even heard this story.
Mark Couturier presents The Deranged Divas of Code Pink (Pt. 2 of 2) posted at Independent-American.
steven germain presents Best Quote of The Year – Maybe of The Decade… posted at Rough Fractals, saying, “Quote for the decade…”
Great quote. I guess I’m a piece of shit! 
Aetius Romulous presents Economic Democracy Demands One World Balance posted at ScreamBucket.
I am always amazed with your writing and the discussions you post up. I don’t believe this is crazy talk. However, if we are going to see a global economic system – I would prefer to see one still based on the dollar. It appears at this time the globe is moving away from it. I would also hope that if there is a move to a global economic system – it remain on a democratic versus socialist government controlled system.
Aaron R presents An Immodest Proposal posted at Aaron Rogier, saying, “A bold proposal for changing what it means to evaluate financial risk, given the failure of the current regulatory regime and its predecessors.”
Interesting proposal there Aaron. While I see where you are going with this – it also seems to stifle the “risk-reward” model of investments if you get the government involved to regulate trade. I do agree there needs to be some oversight so that such a disaster could not happen again – but – I would suggest moderation as well. I agree that information is the key.
David Lamb presents How the ARRA Should Have Looked posted at Killer Buffalo.
Well, not only did Obama ignore the CBO, but so did the majority of Congress. You have laid this out very well. If only our politicians had listened to reason. But, since when since the inauguration and appointed of Teh annointed One have any of them listened to reason?
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