Jesse Jackson: ‘It’s Hard to Make a Comparison’ When Asked Why He Was Silent on the Boy Beaten on Bus in Gulfport, FL

Jesse JacksonRace-baiter Jesse Jackson had a chance to redeem himself when Brietbart News reporter asked him why there was no justice seeking on his behalf for the boy that was badly beaten on the Florida bus.

Jesse Jackson had the gall to insinuate there was no comparison to the tragic beating of a defenseless 13-year old that was beaten after reporting his assailants of trying to sell drugs vs. the self defense case of George Zimmerman.  There sure wasn’t Jesse Jackson, the former was hands down the more racially motivated crime you despicable racial monger pimp.

Washington Times reports: Former Florida Rep. Allen West had some harsh words for nationally known civil rights activists like the Rev. Jesse Jackson and the Rev. Al Sharpton, who have remained silent on a video showing black teens beating a white boy on a school bus.

“Three 15-year-old black teens beat up a 13-year-old white kid because he told school officials they tried to sell him drugs,” Mr. West said, earlier this week, Sunshine State News reported. “Do you hear anything from Sharpton, Jackson, NAACP. Stevie Wonder, Jay-Z, liberal media or Hollywood? Cat got your tongues, or is it that pathetic hypocrisy revealing itself once again? Ya’ll just make me sick.”

SEE ALSO: Allen West on white boy’s bus beating: Where’s Jesse Jackson?

Breitbart News caught up with Mr. Jackson at Chicago’s annual Bud Billiken Back-to-School Parade on Saturday to let him explain why he chose to fight for justice for Trayvon Martin and not the boy who was beaten.

“It’s hard to make a comparison,” he told Breitbart. “In one case a man was unarmed, killed by another man. Last year a hundred and thirty five blacks were killed, black men, unarmed, killed by vigilantes, police, killed by security guards, so whether it’s the case of Oakland, Calif., or the case in New York, it’s just too much of it. Wherever it occurs, it must always be discouraged; there must be a deterrent from it occurring. We must urge people to live in civilized ways.”

Surveillance video of the July 9 attack on a Pinellas County school bus shows three black teenage boys, all age 15, beating a white boy. The boy suffered a broken arm and two black eyes. The three 15-year-olds, identified in Sunshine State News as Joshua Reddin, Julian McKnight and Lloyd Khemradj, were later caught by police and charged with aggravated battery.

SEAL Team 6: Interview with Charlie Strange and Larry Klayman [With Major Intel Update]

Charlie Strange, father of late SEAL Team Six member Michael Strange, joins the show. Michael, along with 30 other U.S. special operations members, died in 2011 when their Vietnam-era Chinook helicopter was shot down during landing in Afghanistan.

American lawyer and activist Larry Klayman also joins the show alongside Charlie Strange. Klayman and Strange filed a class-action lawsuit against the Obama Administration over the NSA’s domestic wiretapping. After Strange criticized the Obama Administration over the death of his son, Verizon told him that somebody was listening in on his phone calls.

Now, watch the follow up from Alex Jones, of major Intel sources that confirms a major propaganda coverup:

CNN: The Most Awkward Moments Ever Recorded in Political History

1. Al Gore’s Famous Kiss
2. Biden says to his boss: ‘This is a Big F*cking Deal’
3. George W. Bush creeps up on German Chancellor
4. Dan Quayle Couldn’t spell Potato
5. Karl Rove Dance
6. Gary Bauer Pancake Flip
7. Barney Frank ‘Best Comeback’
8. Howard Dean 2004′ 3rd Place Victory Speech

Go ahead and give your comment and give your pick as THE Most Awkward Moment in Political History.

Obama Bailout: The Battle for Bailout Money is On, Union Leaders Are Beginning to Demand ‘Immediate Infusion of Federal Assistance…’

Obama BailoutCapital Hill Daily published. The battle for bailout money is on. One side features the municipal bond holders. On the other are city pensioners, mostly senior citizens and even a few widows.

Of course, Detroit is ground zero for the battle. As we all know, the city’s liquidity crisis forced it into bankruptcy court. And everyone interested in government and big city finances is glued to reports from the court. Could the decisions made in Detroit set precedents for future cases?

It’s an important question, because more than 100 major cities are right behind Detroit. And anarchy could result if these cities don’t get more cash.

Many of the problems are immediate: How do we keep the garbage trucks running, or the libraries and schools open?

Other problems are more long term, such as lowering the payroll costs in a heavily unionized sector, like local government, without inciting debilitating strikes.

Finally, some problems are both long-term and nearly intractable. For instance, how can we restructure an entity that has gorged on cheap debt for decades without scaring off investors? Those investors will be necessary for rolling over debts coming due.

If we look at some of the numbers, we see the problem in a microcosm. Here’s an example: The Detroit sewer and water systems are a cash machine. In fiscal year 2012, they generated $403.6 million. Based on that cash flow, Detroit borrowed and spent $5 billion against the assets in the municipal bond market. Today, the interest payments are $356 million annually, and that’s before even a penny of bond principal is paid back to the lenders.

Customers want their toilets to flush, workers want to get paid, retirees want to get paid, and the lenders (or, in this case, the bondholders) want their money back. But not all of these groups are going to be happy with what happens during the bankruptcy proceedings.

A Spreading Malaise

And don’t think Detroit is isolated. Just this month, Chicago had its debt downgraded, so Mayor Rahm Emanuel responded by laying off more than 2,100 Chicago Public School employees. Nearly 1,000 of the layoff notices went to teachers.

Fundamentally, cities, school districts and other governmental agencies across America were given the luxury of overly cheap debt. Instead of making hard decisions about priorities, they turned to the municipal bond market to borrow money to cover operating expenses, pension obligations and the cost of servicing billions of dollars in past debt. Since 2005, the muni bond market in the United States has exploded from $1.9 trillion to $3.7 trillion.

Municipal bonds have become the latest speculative bubble afforded by the QE policy of the Federal Reserve and Ben Bernanke. Wall Street went wild with the easy money, and the bonds are being traded and re-traded on the market. The “too big to fail” financial institutions – controlling vast sums of mostly borrowed capital – as well as the hedge fund managers, insurers and brokers who control these muni-bond markets, have made billions.

But now it’s become apparent that there’s distress in the market – evidenced by spiking borrowing costs. Other governments besides Detroit are having difficulty borrowing because they’ve gotten used to the low rates that funded the boom.

All I can say is, get ready for the bust… it’s just around the corner. In fact, it’s already starting.

Genesee County, Michigan, just pulled back from issuing $53 million in bonds after investors demanded higher interest rates.

Battle Creek, Michigan, announced it would pull a $16-million issue until market rates returned to the ultra-low rates from before the Detroit bankruptcy filing.

And we should expect more busted muni bond deals going forward. I recommend staying away from the market.

Obama on Deck

The pressure is building on Obama. Recently, union leaders demanded an “immediate infusion of federal assistance for Detroit… Bankruptcy must not be used as a tool to impoverish city of Detroit workers or retirees. City workers have already made severe concessions to keep the city afloat… They are not to blame for Detroit’s financial problems, yet they have been making sacrifices all along the way to help the city out.”

As pressure builds and Chicago’s finances continue to deteriorate, expect Obama and team to fashion some type of bailout for the muni bond market and the big cities like Detroit, Chicago, Los Angeles, etc. that are in desperate need of cash. It’s really only a matter of time.