Republican Congress Critter Bob Inglis (R-SC) tells constituents to turn off Conservative radio talk show host, Glenn Beck,  because Beck “trades in fear.”  What the hell are you thinking,  Inglis? Anything but Bob, I’m not so sure about, maybe just a correction is needed!

With an 84% conservative rating from the American Conservative Union, Inglis could be one of the last conservatives walking the halls of Congress. But what is he doing telling voters who to listen to on radio?  This is the epitome of arrogance!

Mind your own business Inglis instead of trying to parent those who have the power to take your job away! Focus on what you were voted in office to do!  Congress Critters, both bad and good,  better tread lightly.  Americans want Term Limits and we want the NOW!

Inglis voted No on the following:

The Stimulus Package

TARP II

Cap and Trade

Voted Yes on

TARP  H R 3997

Robert Prechter, Founder of Elliott Wave

UPDATE:  For those who claim that if one could PREDICT economic trends and what not then they would be billionaires.  Please understand that aside from man’s manipulations ALL economies have up and down cycles and are based on NATURAL LAW just like gravity is based on natural law. Once you add man’s manipulations to these natural up and down cycles then we see worse issues in the economy.  In the side bar, I have posted the interview I had with Allen Hall from the Elliott Wave. We discuss the natural law of economies with man’s manipulations. I hope you will take the time to listen to that interview.  I used the word prediction but I could also use the word FORECAST. EW uses science to come up with their FORECASTS.  They are not crystal ball readers, they are scientists that use actual data and have created a new science called Socio-Nomics.

Elliott Wave, a socioeconomic research think tank,  and investment advisory service,  is reporting the the third down cycle or impulse wave, which is ALWAYS the largest and most drastic leg of any Elliott Wave cycle has already begun to take place which means a pretty severe stock market crash is indicted by Elliott Wave analysis for the next three months. 

EW has done research into economic cycles going back several hundred years and so far in our research of what they have been reporting, they have been fairly accurate.  Also, be aware that America IS NOW in a depression and it’s going to be worse than the “great depression”  and again, worse because the gub’ment has decided that a Marxist or centrally planned economy is far better than a free market or laissez-faire economy, so Americans are facing a triple threat.  (Download these papers which go with radio show).

Do not believe what the faux-bama and Tax Cheat Timothy Geithner are yammering about regarding this economy,  in that it will turn around this year, as it will will only hurt you!  They are bald face liars,  and of course, the state sponsored media is in lock step with this deceit and reporting to you that America is only going through a Jimma Carter style recession.

America is in a depression.  No Compromise Media has been reporting this depression since last November and our economy has steadily slipped further down into an economic nightmare for millions of American families in the loss of jobs, homes, and futures. 

This depression would have not been as severe had the Congress decided that they stood for Americans and protected our economy, but instead they decided to be driven by their narcissistic fantasies,  and lust for power and that their own personal lives were more important than those they claim to represent.  It is time for Term Limits and it’s time for impeachment charges to be filed against certain congress critters! 

If Americans do not take back Congress in 2010 and strengthen our free market then it’s going to take another 50 or 60 years to get this country back!  There was a severe long-term depression that began in 1721 with the popping of the South Sea bubble and continued all the way until the 1780s.  That depression mimics the one we are seeing today.  The bubbles that are popping today are as extreme as the South Sea bubble in 1720.  

Prepare!  That’s the word for today. Get out of debt, save your money,  and prepare!

By Michelle Malkin

Nancy "Stretch" Pelosi

“We will hunt you down!” thundered Colorado Democrat Rep. Jared Polis during the AIG bonus demagogue-a-thon on the House floor Thursday. “If they’re not going to give [the bonuses] back, we’re going to take them back!” growled Alabama Dem. Artur Davis, who vowed to recover the taxpayers’ “ill-gotten gains” from rogue corporate executives. House Republicans pressed the Democrats on who knew what and when regarding the AIG bonus protections included in Connecticut Sen. Chris Dodd’s now-infamous amendment to the stimulus bill. Rep. Barney Frank shrieked about the Bush administration’s culpability. House Speaker Nancy Pelosi smugly patted Democrats on the back for “protecting the national interest.”

I ask you now to turn away from the bogus bonus smokescreen over $165 million in taxpayer-backed compensation packages for AIG employees. It is a pittance compared to the gargantuan spending spree happening right under our noses. The AIG bonus price tag amounts to one-tenth of one percent of the total AIG giveaway ($85 billion in September, $37.8 billion in October; $40 billion in November; $30 billion in early March, which took place with the assent of a Republican administration, a Democrat administration, and the congressional leadership of both parties.

Taxpayers might be less skeptical of the born-again guardians of fiscal responsibility if these evangelists were actually practicing what they preached. While the Obama administration now issues impassioned calls to stop rewarding failure, they moved Thursday to dump another $5 billion into the failing auto industry. That’s on top of the Thursday announcement by the Federal Reserve to print up $1 trillion to buy up Treasury bonds and mortgage securities sold by the government – that no one else wants to buy.

It's For My Own Goodness

Financial blogger Barry Ritholtz tallied up $8.5 trillion in bailout costs by December 2008 between the Federal Reserve, FDIC, Treasury, and Federal Housing Administration rescues (not including the $5.2 trillion in Fannie/Freddie portfolios that the US taxpayer is now also explicitly responsible for.) Then there’s the (at least) $50 billion proposed by Treasury Secretary Tim Geithner in February to bail out home owners and lenders who made bad home loan decisions, which would be just a small sliver of the $2.5 trillion he wants to spend on the next big banking bailout, which would draw on the second $350 billion of the TARP package over which an increasing number of Chicken Little lawmakers are having buyer’s remorse.

Phew. We’re not done yet. Also on Thursday: As AIG-bashing lawmakers inveighed against wasted taxpayer funds and lamented the lack of accountability and rush to judgment that led to passage of the porkulus bill that mysteriously protected the bonuses, the Senate quietly passed a $10 billion lands bill stuffed with earmarks and immunized from amendments. GOP Sen. Tom Coburn, fiscal conservative loner, pointed out that none of the provisions for special-interest pork projects – including $3.5 million in spending for a birthday bash celebrating the city of St. Augustine, Florida – were subject to public hearings. That’s on top of the pork-stuffed $410 billion spending bill passed two weeks ago.

Oh, and did I mention that the House passed a $6 billion volunteerism bill (the “GIVE Act”) on Wednesday to provide yet another pipeline to left-wing advocacy groups under the guise of encouraging national service? Also coming down the pike: The Obama administration’s “cap-and-trade” global warming plan, which Hill staffers learned this week could cost close to $2 trillion (nearly three times the White House’s initial estimate.) and the administration’s universal health care scheme, which health policy experts reported this week could cost about $1.5 trillion over the next decade.

"Smirky" The Clown

It is no wonder that when earlier this week Vice President Joe Biden told local officials in Washington this week that he was “serious, absolutely serious” about policing wasteful porkulus spending in Washington (price tag: $800 billion not including interest), he was met with the only rational response his audience could muster:

Laughter.

hat tip to Marvin