Obama Confirmed By Congress As Next President

We all knew this was going to happen. Everybody get ready for the ride of your life; the surprises we have seen are nothing compared to what The One is going to do to this country, with the help of Hank Paulson, Ben Bernanke, Nazi Nancy, Harry Reid, Barney Frank, Chris Dodd, the Wall Street Banks, and the MSM.

According to Rocky Mountain News:

Congress declares Obama next president; court rejects citizenship fight

— Barack Obama is officially the next president of the United States, Congress declared today in fulfilling its centuries-old constitutional duty to certify and tally the electoral college vote from each state.

Republicans joined Democrats in a standing ovation as Vice President Dick Cheney, in his role as president of the Senate, announced from the podium that Obama had achieved a majority of votes and would be the 44th president on Jan. 20.

Speaking before a joint session of the House and Senate, Cheney confirmed the results of the Nov. 4 election, that Obama and next Vice President Joe Biden had received 365 electoral votes while the Republican ticket of John McCain and Sarah Palin garnered 173 votes.

“Pursuant to the Constitution and laws of the United States, the Senate and House of Representatives are meeting in joint session to verify the certificates and count the votes of the electors of the several states,” Cheney intoned in opening the session.

Four “tellers,” two members each from the House and Senate, then commenced reading the votes from each state. Ironically, the first four states read in alphabetical order — Alabama, Alaska, Arizona and Arkansas — all gave their votes to McCain and Palin.

A cheer went up when the next state, California, gave its 55 votes to Obama and Biden.

Another note of levity in the otherwise formal and scripted ceremony came as teller Rep. Robert Brady, D-Pa., drew some laughs when he read that the vote from Ohio, a focus of voter disputes in recent elections, “appears to be regular in form and authentic.” Cheney led a Senate delegation into the House chamber along with teenage pages carrying two mahogany boxes containing the certified vote totals of each state.

He sat on the podium next to House Speaker Nancy Pelosi, carrying out what could be his last act as president of the Senate.

He handed the certificates from each state’s electors to the four tellers to be read and tallied.

The reading took about 30 minutes.

At the conclusion of the state-by-state rundown, Cheney read the tally sheet and announced the results — that Obama has been elected president and Biden will succeed Cheney as vice president.

The 12th Amendment, ratified in 1804, directs the electors chosen by the states to meet and vote for president and vice president, conveying the results to the president of the Senate.

That was accomplished Dec. 15, when the electors, in a largely ceremonial rite preordained by Obama’s Nov. 4 victory over McCain, gathered in state capitals to cast their votes. As today, the tally was 365 for Obama, 173 for McCain.

Also today, Supreme Court Justice David Souter rejected an emergency plea to prevent Congress from certifying the electoral vote. It was the latest of at least 8 appeals to the court in recent months — all quickly dismissed — asserting that Obama is ineligible to be president because he is not a “natural-born citizen” as the Constitution requires.

Obama was born in Hawaii in 1961 to an American mother and a Kenyan father. Internet-fueled theories contend either that Obama’s birth certificate is a fake or he is ineligible because he had dual nationality when he was born. Hawaii officials have said the birth certificate is authentic.

That last statement is incorrect.  Hawaii officials have said that they have a birth certificate on file if Obama wishes to ask for it.

I must add that our Congress needs to be fired…

By Logistics Monster


  • The Right Monetary and Fiscal Policy Can not Get Us Out of the Depression

    DIE ZEIT: Can the right monetary and fiscal policy keep the US out of a recession?

    Alan Greenspan:

    “Probably not. Global forces can now override most anything that monetary and fiscal policy can do. Long-term real interest rates have significantly more impact on the core of economic activity than the individual actions of nations. Central banks have increasingly lost their capacity to influence the longer end of the market.

    Two to three decades, ago central banks were dominant throughout the maturity schedule.

    Thus, the more important question is the direction of long-term real interest rates.”

    Alan Greenspan
    The Great Irony of Success
    © ZEIT online, 30.1.2008

    If short-term interests are 0% doesn’t it mean that credit is worthless?

    A Credit Free, Free Market Economy will correct all of those dysfunctions.

    The alternative would be to wait till, on the long run, most of our productive assets get physically destroyed either by war or by rust.
    It will be either awfully deadly or dramatically long.

    We Need, Hence, to Cancel All Interest Bearing Debt and Abolish Interest Bearing Credit.

    This Age of Turbulence People Want an Exit Strategy Out of Credit,
    An Adventure in a New World Economic Order.

    Exit Strategy out of Credit

    A Specific Application of Employment, Interest and Money. [For my Fellows Economists]

    Press release of my open letter to Chairman Ben S. Bernanke:

    Sorry, Chairman Ben S. Bernanke, But Quantitative Easing Won’t Work.

    Yours Sincerely,

    Shalom P. Hamou AKA ‘MC Shalom’
    Chief Economist – Master Conductor
    1776 – Annuit Cœptis.

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