Today we received the following links from one of our loyal readers. The NIP has a question regarding these videos. Either they are genuine or one or both of them is bogus. Suppose they are both genuine. If Obama admits he is not an American and was born in Kenya, what does his statement reveal about the depth of his understanding of the US Constitution? Perhaps Article 2, Section 1, is what he means by the Constitution being a “flawed document.”

On the other hand, the NIP believes that the first video is highly edited and is most likely fraudulent. The second video could be also viewed in a different context. Both videos makes one wonder why the President doesn’t release his birth records to clear this up once and for all. How hard would that be? Could it be that Obama wants this controversy to continue in order to discredit his opponents? What are we missing? Is this controversy meant to serve as a red herring to divert our attention to more weighty matters, like the “transformation” of America?

JAMES SIMPSON: As reported at Daily Caller today, senior NPR executive Ron Schiller has been caught in a sting video orchestrated by investigative journalist James O’Keefe. O’keefe’s organization set up a fake Muslim Brotherhood group named the Muslim Education Action Center (MEAC) Trust, and approached NPR about donating $5 million to counter what they described as pro-Zionist coverage in the media.

In the video, Schiller compares the Muslim Brotherhood to the women’s movement, calls tea partiers “seriously racist, racist people,” and justifies NPR’s firing of Juan Williams as an action Schiller was “very proud of.” Schiller was accompanied by Betsy Liley, NPR’s Director of Institutional Giving, who compared the experience of the Muslim Brotherhood to Japanese Americans interred in detention camps during WW II. At one point the two Muslim pretenders joke that they and their friends referred to NPR as “National Palestinian Radio.” Schiller and Liley laughed in agreement.

The statements Schiller and Liley make in the video just get better and better, an eye-popping, monument to their towering arrogance and stupidity. The saddest part is that they personify the kind of presumptuous, conceited attitude endemic to the media left.

Here is the problem the US faces in a nutshell. This will make no sense to those members of Congress and the President who have never run a business, never studied accounting, and don’t know how to read a balance sheet. We are presenting the information here as a warning to NIP readers. If you read the full report you will understand the severity of the economic situation we are facing in the United States.

Mary Meeker, partner at Kleiner Perkins Caufield & Byers served as a managing director and research analyst ad Morgan Stanley from 1991 to 2010. She states that the net worth of the US is a negative $44 trillion dollars. You need to download and study her entire analysis from Business Week. The graph below is taken from the report and shows revenue vs expenses. What the graph doesn’t show is the rapid growth of expenses and the comparatively minor growth of revenue.

The politicians and socialist media have control of what Americans read, view, and think. Their ignorance of finance and their predilection for social justice have driven this country into bankruptcy. It is the NIP’s position that the destruction of freedom and our way of life is the goal of the left. Like the British and Roman empires, our republic may soon become one more footnote of history. Beware the ides of March.

WASHINGTON: Obama released his budget yesterday as a Valentine’s Day present to the US. His $3.7 trillion budget includes a deficit of $1.1 trillion. Obama’s proposal includes “tough choices and sacrifices,” which he asserts will bring about a reduction of the budget deficit in years to come. Such nonsense is all too readily trumpeted by the news media and too easily swallowed by the American public.

The reality is quite different. Budgets decisions are made from year to year, and no Congress or President today can dictate the actions of a Congress or President in the future. The only thing we can count on is that this year’s budget will increase our national debt by at least $1.1 trillion.

Such reckless spending may be in itself the precursor to the economic collapse of the US, according to Niall Ferguson, the Laurence A. Tisch Professor of History at Harvard University, resident faculty member of the Minda de Gunzburg Center for European Studies, Senior Research Fellow of Jesus College, Oxford University, and Senior Fellow of the Hoover Institution, Stanford University:

Throughout history the rise and fall of empires isn’t slow or cyclical, as we like to think, but arrhythmic…it mostly happens very, very suddenly. America is a superpower on the edge of chaos. U.S. debt levels and its unwillingness to address the problem, has put it in the same category as other great empires which have collapsed throughout the ages.

This video shows clearly the mountain of trouble this administration is getting us into. Folks can’t visualize large numbers, so it is easy for politicians to pull the wool over our eyes.

WASHINGTON: The NIP congratulates Nancy Pelosi, former Speaker of the House on winning the 2010 Prevaricator of the Year™. Following the 2009 winner Barack Obama is no small feat. We wish Nancy the very best and may she enjoy all the benefits that come with this award.

This time of year we reminisce about time passing and a new year approaching. It’s only natural that our minds turn to this great video of candidate Obama promising openness and transparency in government. Would Obama have said anything to get elected? When you finish watching compare this to Governor Chris Christie’s video here.