The Democratic Party is mostly responsible for the current financial crisis.
The Democratic Party(through Democratic dominated organizations such as ACORN, Fannie Mae, and Freddie Mac and Democratic inspired laws such as the Community Reinvestment Act) intimidated banks into lending money to poor minorities and whites who could not possibly pay the money back.
The resulting bad loans were packaged into mortgage securities which(since they were based on fraudulent loans) had no significant value. Nonetheless, many of these securities were rated AAA(which is what enticed many banks and entities to buy these securities). Had not the underlying loans been risky, however, the current crisis would not have happened. And the Democratic Party heavily promoted these “affordable housing” risky loans to people who weren’t credit worthy. It is no accident Obama and Dodd are the top two recipients of Fannie Mae campaign contributions and that Obama chose Jim Johnson(former Fannie Mae executive) to select his vice presidential nominee. It is no accident Obama represented ACORN and that he and Ayers donated to ACORN while they were on boards together. It is no accident Democrats included a grant to ACORN in the initial draft of the bailout bill. It is no accident Obama’s campaign gave $800,000 to ACORN. It is no accident Democrats such as Frank, Dodd, Reid, Pelosi and Obama did not join John McCain when John McCain called for reform of Fannie Mae and Freddie Mac in 2005. It is no accident Democrats like Obama, Dodd, Reid, Pelosi, and Frank resisted President Bush’s numerous calls for reform of Fannie Mae and Freddie Mac. Obama’s claim Bush “deregulation” caused the current crisis is utterly demagogic. There was little financial “deregulation” under Bush and Gramm Leach Bliley(1999) was not only under Clinton but, by its breaking down of barriers between commercial and investment banks, has helped to alleviate the current crisis by facilitating recent mergers between commercial and investment banks. Commodity Futures Modernization Act of 2000 was also under Clinton and more Democrats voted for it than Republicans. Moreover, saddled with the Democratic Party’s refusal to reform Fannie Mae, Freddie Mac, the Community Reinvestment Act, and Bill’s Clintons policies what could regulators realistically have done to prevent the current crisis(even if there had been more “oversight”), check the credit ratings of homebuyers? Some media and Obama can cover up the above truths but the above truths can not legitimately be denied. The current crisis is directly traceable to your Democratic Party.
Saturday, November 1, 2008
What is the LA Times Hiding?
The latest media outrage is the LA Times’s refusal, a mere week before the election, to show the video of Obama toasting the welfare of and commenting on Yasser Arafat’s media spokesman, Rashid Khalidi, at a party.Also at that party apparently was Bill Ayers(the 60’s radical who bombed the Pentagon) who was “just a guy in the neighborhood”. Amazing isn’t it how he just keeps turning up wherever Obama is.And note there’s always an excuse Obama offers for the relationship he has with a radical. This is now about the 4th or 5th radical alliance Obama has had for which he has offered up an excuse. And people actually think this guy’s a centrist?Also at the party were speakers who apparently gave various anti Israel rants and harangues.Rather than let the public decide what the video shows, the LA Times, in Pravda like fashion, tries to filter what selected info it believes is relevant to the public.The Times not only admits it has the video but offers the tepid defense “we promised our source we won’t release the video”(saying essentially we’ll rather just spin what’s on the video through our media filter so it doesn’t damage Barack Obama).So if the Times had obtained the Watergate Tapes from a source who said “please keep the tape confidential”, the Times, according to this rationale, would have done so?This is a national outrage. Let’s not take the chance on Obama the radical, vote McCain
Ten Compelling Reasons to Vote McCain
DON’T FALL FOR THE SWEET TALK!!!
TEN COMPELLING REASONS TO VOTE MCCAIN
1. CHECK ON LIBERAL CONGRESS. The only way the liberal Congress will be checked at all is if McCain gets elected. Otherwise Pelosi, Dodd, and Frank(the very same people who contributed greatly to the current crisis through resisting reforms to Fannie Mae and Freddie Mac and pushing “affordable housing” to those who weren’t credit worthy) will have unchecked freedom to cause further economic havoc and impose irresponsible, unaffordable spending programs on this country(we’ve had a Democratic Congress for the last two years and frankly they’ve done a terrible job—-the last thing we need to do is to give them unchecked power)2. OBAMA TAX POLICIES WILL TURN CRISIS INTO CATASTROPHE Obama, despite his promises, will turn a crisis into a catastrophe if his economic policies are implemented. This will not help the average “Joe”. Raising taxes in a weak economy is the worst possible economic policy one can do. In 1932, for example,(in an effort eerily similar to the rationale Obama is using) Congress raised taxes on the wealthy and the result was an 8 point jump in unemployment. Moreover, taking money from the pool of funds job creators have means less money to pay wages, less money to pay health care and other benefits, and less jobs. What good is a $500.00 government check if the tax punishment meted out by Obama on your boss forces your boss to cut your salary, cut your health care benefits, raise prices on consumers or, in the worst case scenario, close your place of work?3. REAL OBAMA VIEWS MIDDLE CLASS AS “BITTER CLINGERS” AND OBAMA’S JOE THE PLUMBER ENCOUNTER SHOWS HIS DISDAIN FOR THE MIDDLE CLASS We’ve seen evidence of what Obama really thinks about the average “Joe” and it isn’t encouraging or pretty. Remember Obama’s remarks that Pennsylvanians were “bitter clingers to guns and religion”. These remarks were made when Obama wasn’t expecting them to be recopied(they thus represent the real Obama). And why should we be surprised at this elitist worldview given the fact Obama is a Ivy League lawyer who spent 20 years in the hate filled church of Jeremiah Wright? Further, look at Obama’s appalling treatment of “Joe” the Plumber. “Joe” is an average guy who wants to buy a business but his dreams can not happen under the Obama tax plan because Obama takes away any incentive to gross more than $250,000.00 in income(interestingly the $250,000.00 figure has become lower in recent days----Obama said it was $200,000.00 and Biden said it was $150,000.00). And both Obama and Biden essentially mocked “Joe the Plumber” once they learned he was probably a McCain supporter. They and the media made sure(within a days time) that this average “Joe” would have numerous embarrassing details about his life exposed worldwide in an effort to discredit him. And why, all because(when Obama came to his house—he didn’t seek out Obama—Obama sought him out) he dared to ask a reasonable straightforward question that any private citizen should be able to ask their President? Clearly, we don’t need more elitist Washington insiders like Obama in leadership positions.4. DEMOCRATIC PARTY LARGELY RESPONSIBLE FOR CURRENT CRISIS. Obama, Pelosi, Reid, Dodd, and Barney Frank, and ACORN have pushed for the “affordable housing” policies that have encouraged or pressured banks into making loans to poor minorities and whites who weren’t credit worthy. These bad loans are at the root of the current crisis(not “deregulation” as Obama demogogically claims---there was little to no financial “deregulation” under Bush---in fact even more financial regulation in the form of Sarbanes Oxley---and Gramm Leach Bliley was under Clinton and may have helped the current crisis by making mergers between commercial and investment banks easier). Obama and Dodd were the top two recipients of Fannie Mae campaign contributions. Obama also picked Jim Johnson(former Fannie Mae executive) to lead his vice presidential team. According to the Washington Post, one of Obama’s economic advisers is Franklin Raines(another Fannie Mae executive who in Raines’ case raked in 90 million dollars from Fannie Mae). Obama represented ACORN, trained ACORN workers, he and Ayers gave $200,000 to ACORN, Obama’s campaign gave $800,000.00 to ACORN, the Democrats included a grant for ACORN in the original bailout bill and ACORN intimidated many banks into giving bad loans to minorities with discrimination lawsuits. John McCain, in contrast, called for reforms of Fannie Mae and Freddie Mac, while Obama, Reid, Pelosi, Frank, and Dodd, resisted those reforms. Bush called for numerous reforms of Fannie Mae and Freddie Mac and the Democrats also opposed these reforms. So why in the world, given the fact the Democrats largely caused this crisis, would we want to put Obama, Dodd, Reid, Pelosi, and Frank in total unchecked command of the country?5. HEALTH CARE PLAN DISASTROUS On health care, Obama’s plan is unaffordable and will lead to a total collapse of the system ultimately. Obama wants a single payer system(he doesn’t say that now outwardly but that’s what he wants—-in 2003 in a speech before the AFL-CIO he said he favored a single payer system—-further his plan will ultimately lead to single payer because private insurers will be crowded out of the market—-they will be subject to costly new mandates and won’t be able to compete with Obama’s government subsidized plan) And single payer is an abject disaster and the the worst possible choice for health care. Why? For one thing, if you have single payer, you never get rid of it and you have no other option if you don’t like the way the single payer treats you. Further, in single payer countries like Canada, you have enormous wait lines(many Canadians flock to the US for care because of these wait lines), health care gets rationed(the government covers less because they have to in order to cut costs), and quality doctors leave the system(because they are paid low wages under single payer systems or less than they could make elsewhere). So Obama’s health care plan will not only not help the average “Joe”, his single payer dream will only lead to further hardship for the average “Joe” and a collapse of the system.6. OBAMA ENERGY PLAN LEADS TO GREATER, NOT LESS DEPENDENCE ON FOREIGN OIL On energy, Obama’s energy policies will do next to nothing to help this country achieve “energy indepedence”. The last time a “windfall profits tax” was imposed(under Carter) our dependence on foreign oil grew and this happened because the windfall profits tax kills innovation on the part of oil companies(why should they drill more if they can’t make any profits from more drilling because Obama will take the money away) Moreover, Obama and the Democrats have historically railed against more drilling(Obama even scoffed we could save more energy by inflating our tires than we could gain from drilling for more oil) and nuclear power(two energy sources which are critical to helping us lessen dependence on foreign oil) so McCain and Palin are much more reliable in terms of drilling for more oil and building more nuclear power plants. Biden also said he and Obama wouldn’t build any “clean coal” plants. You should also note Obama wants to keep gas prices high(in fact he said he wasn’t upset about the fact gas prices rose, only that they rose too fast). Keeping gas prices high certainly doesn’t help the average “Joe”. And Obama also favors keeping gas taxes high while McCain has favored suspending the gas tax in the summer. The gas tax clearly hurts the average “Joe” because everyone has to buy gas(regardless of income level) yet it is McCain, not Obama, who is willing to give the average “Joe” the tax relief.7. OBAMA FISCALLY IRRESPONSIBLE There is also no reason to believe Obama will be more fiscally responsible than McCain. McCain has proposed a spending freeze while Obama propses a trillion dollars in new spending. The resulting debt burden created by these spending programs will place an incredible burden and yoke on future generations. McCain is much more likely to keep spending in check. 8. MCCAIN MORE EXPERIENCED. OBAMA’S FOREIGN POLICY DISASTROUS In terms of foreign affairs, McCain has 26 years experience, Obama has 2. And Biden’s experience shows he has made the wrong judgment numerous times so he can’t be counted on to offer much help to Obama(after 9/11 Biden proposed giving $200 million to Iran—-a ridiculous idea, Biden also proposed partitioning Iraq—an idea Iraqis almost unanimously rejected, Biden and Obama opposed the surge while McCain’s judgment was vindicated on the surge). In terms of an unsteady hand, Obama has certainly shown an unsteady hand with his foreign policy gaffes already(e.g. wrong on the surge, 3 different answers on the Georgia situation, talking with dictators “without preconditions”---like we’re really going to persuade a guy who denies the Holocaust exists to abandon his jihad ideology, invading Pakistan, alliances with Rashid Khalidi and CAIR sympathizers). And, more recently, Biden said Obama would experience an international crisis if elected because he’s so inexperienced and that “America hang with us because our response won’t seem to be the right one”. There’s no evidence therefore Obama is capable of handling foreign policy crises better than McCain.9. PALIN MOST EXPERIENCED ON ENERGY ISSUES, PALIN AT LEAST AS EXPERIENCED AS OBAMA In terms of Palin, Palin has at least as much experience as Obama and more Executive experience. And on the critical energy issues, it is Palin who arguably has the most experience and knowledge of ALL the candidates on energy issues(because Palin was an oil and gas regulator, her husband has worked in the oil business, Palin negotiated the natural gas pipeline deal in Alaska, and Palin has lectured and given speeches on energy issues). Palin also hasn’t been given a fair shake by the media so if you’re relying on CNN, ABC, CBS, MSNBC, or the New York Times for your information on Palin, you are not, in my view, getting a fair picture of her. You should know that in the ABC interview Palin had, portions of it were edited out and were not shown to the public(these edited out portions would have made her answers appear more complete).10. OBAMA’S ALLIANCES RAISE CRITICAL DOUBTS ABOUT HIS JUDGMENT AND SHOW HE LIKELY HAS RADICAL POLITICAL LEANINGS. And I haven’t even discussed Obama’s numerous alliances with radicals, Chicago machine politicians or individuals of dubious character such as a) Reverend Wright b) Bill Ayers/ACORNc) Tony Rezkod) Rashid Khalidi(LA Times currently suppressing damaging Obama video)e) Khalid al Monsourf) Strogerg) Richard Daleyh) Father Pfleger
Are we really seriously to believe all these parties or groups are just “guys in the neighborhood?
Ten compelling reasons to vote McCain over Obama.
TEN COMPELLING REASONS TO VOTE MCCAIN
1. CHECK ON LIBERAL CONGRESS. The only way the liberal Congress will be checked at all is if McCain gets elected. Otherwise Pelosi, Dodd, and Frank(the very same people who contributed greatly to the current crisis through resisting reforms to Fannie Mae and Freddie Mac and pushing “affordable housing” to those who weren’t credit worthy) will have unchecked freedom to cause further economic havoc and impose irresponsible, unaffordable spending programs on this country(we’ve had a Democratic Congress for the last two years and frankly they’ve done a terrible job—-the last thing we need to do is to give them unchecked power)2. OBAMA TAX POLICIES WILL TURN CRISIS INTO CATASTROPHE Obama, despite his promises, will turn a crisis into a catastrophe if his economic policies are implemented. This will not help the average “Joe”. Raising taxes in a weak economy is the worst possible economic policy one can do. In 1932, for example,(in an effort eerily similar to the rationale Obama is using) Congress raised taxes on the wealthy and the result was an 8 point jump in unemployment. Moreover, taking money from the pool of funds job creators have means less money to pay wages, less money to pay health care and other benefits, and less jobs. What good is a $500.00 government check if the tax punishment meted out by Obama on your boss forces your boss to cut your salary, cut your health care benefits, raise prices on consumers or, in the worst case scenario, close your place of work?3. REAL OBAMA VIEWS MIDDLE CLASS AS “BITTER CLINGERS” AND OBAMA’S JOE THE PLUMBER ENCOUNTER SHOWS HIS DISDAIN FOR THE MIDDLE CLASS We’ve seen evidence of what Obama really thinks about the average “Joe” and it isn’t encouraging or pretty. Remember Obama’s remarks that Pennsylvanians were “bitter clingers to guns and religion”. These remarks were made when Obama wasn’t expecting them to be recopied(they thus represent the real Obama). And why should we be surprised at this elitist worldview given the fact Obama is a Ivy League lawyer who spent 20 years in the hate filled church of Jeremiah Wright? Further, look at Obama’s appalling treatment of “Joe” the Plumber. “Joe” is an average guy who wants to buy a business but his dreams can not happen under the Obama tax plan because Obama takes away any incentive to gross more than $250,000.00 in income(interestingly the $250,000.00 figure has become lower in recent days----Obama said it was $200,000.00 and Biden said it was $150,000.00). And both Obama and Biden essentially mocked “Joe the Plumber” once they learned he was probably a McCain supporter. They and the media made sure(within a days time) that this average “Joe” would have numerous embarrassing details about his life exposed worldwide in an effort to discredit him. And why, all because(when Obama came to his house—he didn’t seek out Obama—Obama sought him out) he dared to ask a reasonable straightforward question that any private citizen should be able to ask their President? Clearly, we don’t need more elitist Washington insiders like Obama in leadership positions.4. DEMOCRATIC PARTY LARGELY RESPONSIBLE FOR CURRENT CRISIS. Obama, Pelosi, Reid, Dodd, and Barney Frank, and ACORN have pushed for the “affordable housing” policies that have encouraged or pressured banks into making loans to poor minorities and whites who weren’t credit worthy. These bad loans are at the root of the current crisis(not “deregulation” as Obama demogogically claims---there was little to no financial “deregulation” under Bush---in fact even more financial regulation in the form of Sarbanes Oxley---and Gramm Leach Bliley was under Clinton and may have helped the current crisis by making mergers between commercial and investment banks easier). Obama and Dodd were the top two recipients of Fannie Mae campaign contributions. Obama also picked Jim Johnson(former Fannie Mae executive) to lead his vice presidential team. According to the Washington Post, one of Obama’s economic advisers is Franklin Raines(another Fannie Mae executive who in Raines’ case raked in 90 million dollars from Fannie Mae). Obama represented ACORN, trained ACORN workers, he and Ayers gave $200,000 to ACORN, Obama’s campaign gave $800,000.00 to ACORN, the Democrats included a grant for ACORN in the original bailout bill and ACORN intimidated many banks into giving bad loans to minorities with discrimination lawsuits. John McCain, in contrast, called for reforms of Fannie Mae and Freddie Mac, while Obama, Reid, Pelosi, Frank, and Dodd, resisted those reforms. Bush called for numerous reforms of Fannie Mae and Freddie Mac and the Democrats also opposed these reforms. So why in the world, given the fact the Democrats largely caused this crisis, would we want to put Obama, Dodd, Reid, Pelosi, and Frank in total unchecked command of the country?5. HEALTH CARE PLAN DISASTROUS On health care, Obama’s plan is unaffordable and will lead to a total collapse of the system ultimately. Obama wants a single payer system(he doesn’t say that now outwardly but that’s what he wants—-in 2003 in a speech before the AFL-CIO he said he favored a single payer system—-further his plan will ultimately lead to single payer because private insurers will be crowded out of the market—-they will be subject to costly new mandates and won’t be able to compete with Obama’s government subsidized plan) And single payer is an abject disaster and the the worst possible choice for health care. Why? For one thing, if you have single payer, you never get rid of it and you have no other option if you don’t like the way the single payer treats you. Further, in single payer countries like Canada, you have enormous wait lines(many Canadians flock to the US for care because of these wait lines), health care gets rationed(the government covers less because they have to in order to cut costs), and quality doctors leave the system(because they are paid low wages under single payer systems or less than they could make elsewhere). So Obama’s health care plan will not only not help the average “Joe”, his single payer dream will only lead to further hardship for the average “Joe” and a collapse of the system.6. OBAMA ENERGY PLAN LEADS TO GREATER, NOT LESS DEPENDENCE ON FOREIGN OIL On energy, Obama’s energy policies will do next to nothing to help this country achieve “energy indepedence”. The last time a “windfall profits tax” was imposed(under Carter) our dependence on foreign oil grew and this happened because the windfall profits tax kills innovation on the part of oil companies(why should they drill more if they can’t make any profits from more drilling because Obama will take the money away) Moreover, Obama and the Democrats have historically railed against more drilling(Obama even scoffed we could save more energy by inflating our tires than we could gain from drilling for more oil) and nuclear power(two energy sources which are critical to helping us lessen dependence on foreign oil) so McCain and Palin are much more reliable in terms of drilling for more oil and building more nuclear power plants. Biden also said he and Obama wouldn’t build any “clean coal” plants. You should also note Obama wants to keep gas prices high(in fact he said he wasn’t upset about the fact gas prices rose, only that they rose too fast). Keeping gas prices high certainly doesn’t help the average “Joe”. And Obama also favors keeping gas taxes high while McCain has favored suspending the gas tax in the summer. The gas tax clearly hurts the average “Joe” because everyone has to buy gas(regardless of income level) yet it is McCain, not Obama, who is willing to give the average “Joe” the tax relief.7. OBAMA FISCALLY IRRESPONSIBLE There is also no reason to believe Obama will be more fiscally responsible than McCain. McCain has proposed a spending freeze while Obama propses a trillion dollars in new spending. The resulting debt burden created by these spending programs will place an incredible burden and yoke on future generations. McCain is much more likely to keep spending in check. 8. MCCAIN MORE EXPERIENCED. OBAMA’S FOREIGN POLICY DISASTROUS In terms of foreign affairs, McCain has 26 years experience, Obama has 2. And Biden’s experience shows he has made the wrong judgment numerous times so he can’t be counted on to offer much help to Obama(after 9/11 Biden proposed giving $200 million to Iran—-a ridiculous idea, Biden also proposed partitioning Iraq—an idea Iraqis almost unanimously rejected, Biden and Obama opposed the surge while McCain’s judgment was vindicated on the surge). In terms of an unsteady hand, Obama has certainly shown an unsteady hand with his foreign policy gaffes already(e.g. wrong on the surge, 3 different answers on the Georgia situation, talking with dictators “without preconditions”---like we’re really going to persuade a guy who denies the Holocaust exists to abandon his jihad ideology, invading Pakistan, alliances with Rashid Khalidi and CAIR sympathizers). And, more recently, Biden said Obama would experience an international crisis if elected because he’s so inexperienced and that “America hang with us because our response won’t seem to be the right one”. There’s no evidence therefore Obama is capable of handling foreign policy crises better than McCain.9. PALIN MOST EXPERIENCED ON ENERGY ISSUES, PALIN AT LEAST AS EXPERIENCED AS OBAMA In terms of Palin, Palin has at least as much experience as Obama and more Executive experience. And on the critical energy issues, it is Palin who arguably has the most experience and knowledge of ALL the candidates on energy issues(because Palin was an oil and gas regulator, her husband has worked in the oil business, Palin negotiated the natural gas pipeline deal in Alaska, and Palin has lectured and given speeches on energy issues). Palin also hasn’t been given a fair shake by the media so if you’re relying on CNN, ABC, CBS, MSNBC, or the New York Times for your information on Palin, you are not, in my view, getting a fair picture of her. You should know that in the ABC interview Palin had, portions of it were edited out and were not shown to the public(these edited out portions would have made her answers appear more complete).10. OBAMA’S ALLIANCES RAISE CRITICAL DOUBTS ABOUT HIS JUDGMENT AND SHOW HE LIKELY HAS RADICAL POLITICAL LEANINGS. And I haven’t even discussed Obama’s numerous alliances with radicals, Chicago machine politicians or individuals of dubious character such as a) Reverend Wright b) Bill Ayers/ACORNc) Tony Rezkod) Rashid Khalidi(LA Times currently suppressing damaging Obama video)e) Khalid al Monsourf) Strogerg) Richard Daleyh) Father Pfleger
Are we really seriously to believe all these parties or groups are just “guys in the neighborhood?
Ten compelling reasons to vote McCain over Obama.
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