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Stuart Varney hauls Wisconsin Teacher’s Union supporter to the principal’s office

It’s a real “woodshed” moment for the Executive Director of Citizen Action of Wisconsin. Stuart Varney at his indignant best as he tries to get this supporter of the Wisconsin Teacher Union Protest yesterday to admit it’s not really about the children. This is classic TV my little mobsters. Read more

Stop it … stop saying Global Warming isn’t settled.

I am telling you folks, it’s a religion to these guys, Global Warming. The e-mails detailing how contrary opinions are being buried and data is being supressed, and added to “trick” the world. Forget that. It’s all about the religion. There are more here.

Here’s the video from last night’s Your World. Stuart Varney interviewing global warming acolyte Ed Begley Jr. He just can’t stand it. Confronted with the details of the global warming e-mails, he becomes like a child who’s just been told there is no … well you know. Stop it Stuart.

httpv://www.youtube.com/watch?v=ufr58ON689Y

Set aside the fact that Nature Magazine and National Geographic are hardly impartial in this debate, nor would they qualify as peer review, the number of scientists out there that have already called into question the hoax are too numerous to list here… so go here.

Or maybe this would help convince Ed.

httpv://www.youtube.com/watch?v=R77JS5BYyTc

My chunk of video is just a portion. If you want to watch the whole Begley thing … head on over to Hot Air.

It’s a sham?

Steve Leser tells Stuart Varney the Tea Parties are the result of the “Right Wing Machine”. It’s a sham, not grass roots. Varney takes him on in a very entertaining interview. Read more

Obama administration refuses TARP repayment

I could have written this script last fall – every page of it – if I new that President Obama was going to win the election. There was always going to be strings attached to Troubled Asset Relief Program (TARP ) money that flowed into the private banking system, but it was assumed that when the banks had the funds to “pay back” the government, they would do just that.

It’s looking more like the Obama administration likes the control it’s weilding, and may refuse to take some of the funds back.

Last week, a few small banks did return funds to the Treasury. My guess is that it’s not because they wouldn’t like to have a few million extra available to do business…

“We don’t want to be touched by the stigma attached to firms that had taken money,” said Scott A. Shay, the chairman of Signature Bank. He said he also worried that the conditions on the aid could hurt the way he paid bankers and sales representatives.

In February, Bank of America made a $402 million payment to the government to start paying back the $45 billion it received late last year and earlier this year. In March, Chief Executive Ken Lewis publicly noted BoA would pay the money back by the end of the year. Then, Lewis met with Obama.

Now, Lewis says that they will pay back the money eventually.

From Stuart Varney’s opinion piece in the Wall Street Journal yesterday

Under the Bush team a prominent and profitable bank, under threat of a damaging public audit, was forced to accept less than $1 billion of TARP money. The government insisted on buying a new class of preferred stock which gave it a tiny, minority position. The money flowed to the bank. Arguably, back then, the Bush administration was acting for purely economic reasons. It wanted to recapitalize the banks to halt a financial panic.

Fast forward to today, and that same bank is begging to give the money back. The chairman offers to write a check, now, with interest. He’s been sitting on the cash for months and has felt the dead hand of government threatening to run his business and dictate pay scales. He sees the writing on the wall and he wants out. But the Obama team says no, since unlike the smaller banks that gave their TARP money back, this bank is far more prominent. The bank has also been threatened with “adverse” consequences if its chairman persists. That’s politics talking, not economics.

Could this bank be Bank of America?

I’m not 100 percent certain that Obama is a socialist, but his actions – including government providing car warranties to GM customers – certainly seem to be socialist.