Stopping the Formation of the (USSA) United Socialist States of America
Every economist agrees that the current financial crisis is a direct result of the melt down related to the bursting of the “housing bubble”. A bubble fueled by Fannie Mae, Freddie Mac by making highly risky “government backed loans” to people with low paying and even no jobs at all with virtually no chance of paying them back. Mortgage money was flowing free like water thanks to the combination of low interest rates and government give away institutions like Fannie and Freddie.
Here you can listen to Democrats in their own words dismissing the alarms raised by the regulators of the now FAILED Fannie Mae and Freddie Mac. These hearing took place in2004 (remember this when you watch the video) and CLEARLY Republicans were warning that MORE CONTROLS were needed and that the corruption and free for all housing give away to so called “low income” housing was headed for a crisis. Listen and see the words straight from the horses mouth.
This CSPAN2 video is a bit long but after about 50% of it you will clearly get the picture of the facts that the Democrats DON’T want you to hear !!!
Mr. Franklin Raines, mentioned in the video, by the way is alleged to be one of Obama’s economic advisers. He is the now ex-CEO of Fannie Mae who was making in excess of $90M / year and was also the subject of scrutiny of regulatory investigator being questioned in Congress. Now of course there is admission of a “lack of oversight” and Dems want to blame Republicans! (Fannie and Freddie were created under the Carter Administration) — even Clinton said at the end of the video that HE should have done more to regulate them. But the fact remains, they were protected by the most socialist Dems and that fact points the finger in the opposite direction my friends.
Not only do Democrats now want a quick fix to get this behind them but they also want to dump more good money after bad into these same agencies and other “social welfare” programs like ACORN and La Razza. They want the taxpayers to pay for it. In my book that’s Socialism in its purest form!!
The cat is out of this bag and taxpayers should not be footing the bill and end up indirectly turning America into a socialist state. Democrats WILL INCREASE ALL OUR TAXES (not just the “wealthy”) TO FUND THIS BAIL OUT and we will never see a dime of so called “potential profit” from all these bad mortgage loans. YOu can take THAT to the bank!
Stop Democrat (quickly becoming the Socialist Party) in Congress from”CHANGING” America into a socialist state. Stop the formation of the (USSA) United Socialist States of America without us even realizing it.
Call Congress NOW! Congressional Switchboard (you will be connected to your representative’s and senator’s office) and say no to set aside for ACORN and LaRaza. No pork barrel. No earmarks. No bailout moneys to ACORN and LaRaza and other Democrat social programs that have created this mess.
FOOT NOTES and REFERENCES to still un-confirmed allegations of Obama and Raines ties:
On September 18, 2008, John McCain’s Campaign, published a campaign ad that quoted the Washington Post’s claim that Franklin Raines advises Barack Obama on economic matters. The ad also notes that “Raines made millions and then left Fannie Mae while it was under investigation for accounting irregularities”. Both Raines and the Obama Campaign claim that Raines is not an Obama advisor and has never advised Senator Obama. When the claim that Raines was an Obama advisor appeared multiple times in the Washington Post (first July 16th) months before the McCain ad, the Obama campaign didn’t seek a correction. However, they did seek a correction from the Post after the ad appeared. – References
Seems like Joe Biden at least has a conscience regarding some of the tactics being used by the Obama campaign. Could it be that the venue he was speaking to, the National Guard, prompted his remarks? You be the judge…
WASHINGTON (AP) - Barack Obama’s running mate says a campaign ad that mocked Republican presidential candidate John McCain as an out-of-touch, out-of-date computer illiterate was “terrible” and would not have been done had he known about it.
Obama, McCain’s Democratic rival, launched the ad earlier this month, part of an aggressive push to slow McCain’s rise in the polls after he chose Alaska Gov. Sarah Palin to be his running mate. It included unflattering footage of Sen. McCain at a hearing in the early ’80s, wearing giant glasses and an out-of-style suit, interspersed with shots of a disco ball, a clunky phone, an outdated computer and a Rubik’s Cube.
“He admits he still doesn’t know how to use a computer, can’t send an e-mail, still doesn’t understand the economy, and favors $200 billion in new tax cuts for corporations, but almost nothing for the middle class,” the ad says.
Asked about the negative tone of the campaign, and this ad in particular, during an interview broadcast Monday by the “CBS Evening News,” Obama’s running mate, Sen. Joe Biden, said he disapproved of it. [We found and embedded the video below - .ed]
“I thought that was terrible, by the way,” Biden said.
Asked why it was done, he said: “I didn’t know we did it and if I had anything to do with it, we’d have never done it.” — Associated Press
Do you think we may hear this before or after the next Obama campaign ad….? “I’m Joe Biden and I didn’t approve this message”. Seems like that’s what Joe is saying now loud and clear. Listen to the shot interview below.
The McCain campaign should resurrect every conceivable issue that questions Obama’s readiness and judgment, not look back! Take the gloves off after this last crude ad. Clearly Biden, although probably pandering a bit to his audience, thought the ad was tasteless and you can see that it sincerely disturbed him.
YOU BE THE JUDGE — Biden repeats his perspective in this Katie Kouric interview below. Clearly he is unhappy with how Obama’s henchmen are treating his once good friend of many years, John McCain.
Sort of puts a whole new perspective on America’s Dirtiest Jobs, NAFTA and Wall Street’s passion for free and open world trade all rolled up into one. How would you rate it ?
Gianna Jessen is the powerfully eloquent survivor of abortion who recently appeared in the ad below challenging Barack Obama’s opposition as state senator to the Illinois Born Alive Infants Protection Act.
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Since the desperate Obama campaign has been scrapping the bottom of the barrel to find just about anything to demean John McCain, including mocking him as being so “old fashioned” that he doesn’t use a computer or does eMail. Scott Ott has released his update to the now infamous 1982 ad throwing it right back into the Obama campaign’s face:
Don’t expect Hillary and Bill to be campaigning too hard… Hillary knows she and Bill will have 4 years to regain control of the Democratic party if Obama loses placing her solidly in opposition of McCain and (Palin especially) in 2012. She would have had to wait 8 years if she were Obama’s VP. In the ensuing four years she will gain additional centrist support as a result and can still claim to be the first female President if she defeats the McCain - Palin administration. Genius…. Obama is falling right into Bill Clinton’s trap !!! – scotty777
Did Barack Obama bungle his first most important decision?? You bet he did. This comment from Biden shows signs of disarray in the Democrat camp and may hint of even stranger things to come. Is it the first sign of Obama’s buyer’s remorse which may have been private but now, thanks to Joe, is leaking out?
How can anyone trust Obama’s credibility if he indeed dumps Biden now as we are speculating after the DNC convention rhetoric and puts the Clinton(s) on their ticket? That’s right, I said the Clintons, plural. They will both drive him nuts in the White House. If this happens what does this say about Obama’s judgment to be this country’s top executive and Commander in Chief? Do you think he will be able to play decision making musical chairs with the likes of Ahmadiejad and Putin? What a sophomore! If he risks looking like and idiot and makes a change how will he square all the rhetoric praising Biden? (Bottom line is he really doesn’t care. It’s all about him. If he does what I think he might be thinking about doing he will look even less credible to the American people. That is, flips on VP choices. You screwed the pooch Obama. Why not admit it!
Joe Biden said Wednesday that Hillary Clinton “might have been a better pick than me” to be Barack Obama’s running mate.
The Delaware senator was responding to an audience member at a town hall meeting in Nashua, N.H., who criticized Clinton and said it’s a good thing Obama chose Biden over her.
“Make no mistake about this, Hillary Clinton is as qualified or more qualified than I am to be vice president of the United States of America. Lets get that straight,” Biden said in Clinton’s defense.
“She’s easily qualified to be vice president … and quite frankly, might have been a better pick than me. But she’s first rate. I mean that sincerely. She is first rate. So let’s get that straight,” he said.
The comment comes after Clinton tried to assuage tensions last month at the Democratic National Convention between the Obama campaign and her supporters — disenchanted over her primary loss and her absence on the Democratic ticket.
John McCain spokesman Ben Porritt within minutes sent around an e-mail saying the choice of Biden was Obama’s “most important decision of this election.” The e-mail then skewers Biden for suggesting “that he wasn’t the right man for the job and that Hillary Clinton would have been a better choice.” — Fox and Associated Press
What does this say about Obama’s decision making process after throwing stones at McCain’s choice? Recall the ridicules directed at McCain when his VP selection was first announced? Barack’s EGO got in the way of asking Hillary Clinton to be vetted for VP for 100% selfish reasons. Do you want someone with a personality like that as President? Elitist to the core? His speeches if you listen to them careful are always about “I”. I will do this, and I will do that. That speaks volumes about his character regardless of what actions he takes going forward to try and stop the political hemorrhaging. What also does this say about all the criticism he has been making regarding the decision making astuteness of John McCain’s decision for VP?
Anyway you slice and dice it, Joe Biden has some explaining to do. Is he saying he is not up to the job of VP or is he saying WE ARE DESPERATE???
Don’t be surprised if there isn’t a “CHANGE” from Obama coming up and we’ll see Hillary on the ticket as part of some breaking news event in the next several days. However…. if Hillary is really smart, she would decline and wait to run “against” VP Sarah Palin and McCain in 4 years. She could spend her time during the next four years demonstrating with ACTIONS her readiness to be President and isolate herself from the radical left side of her party in the meantime to capture the center. This would set herself up as a “maverick” herself by shifting to the political center and then being openly proud of it dividing and conquering the Democrat party and wrenching control away from the far left. It would be a piece of cake for her to pull off. Obama will drag her down if she ties her political future to his wagon! It will be interesting to see what happens next!
What more evidence is necessary to convince us that we need to Drill Now here at home – in addition to — exploring additional energy sources? John McCain and Sarah Palin have it right! OPEC will now put the squeeze to us. The Middle Eastern sheiks and their Venezuelan friends will bring us to our knees exerting control over our economy using oil as weapon unless we begin to buffer their unilateral control of petroleum by recovering more of the natural resources we have here at home !!! Open your eyes people !!
This just came across the wires — courtesy MarketWatch:
OPEC ORDERS PRODUCTION CUT !!!
OPEC members agree to roll back output to September 07 level
By Chris Oliver / MarketWatch
Last update: 10:16 p.m. EDT Sept. 9, 2008
(HONG KONG) — OPEC members (at a meeting in Hong Kong) have agreed to roll back oil production to quotas agreed in September 2007, a level that will cut output by about 500,000 barrels a day. An OPEC statement issued at the conclusion of its meeting Wednesday said the organization agreed to produce 28.8 million barrels a day. An Associated Press report cited OPEC President Chakib Khelil as saying the quota meant that member countries agreed cut back production by 530,000 barrels a per day. End of Story — (that’s an understatement! - ed.)
The majority of nations on this planet wish they had a tenth of the petroleum and gas deposits we have here at home yet we have become blind to using the modern technological advances that have been made during the last two decades due to political agendas between the two dysfunctional parties in Washington. Oil can be recovered safely from our domestic deposits while at the same time we are exploring alternative energy sources and more efficient use of fossil fuels. McCain has it right in our opinion. Obama has been taking a no drill, inflate your tires and conserve approach while latest polls indicate >70% of Americans believe we are being too conservative with over protecting our natural resources when there are responsible harvesting alternatives available.
This issue is rapidly becoming a national security issue. It has gone well beyond a theoretical discussion of global warming and over-protecting a mosquito infested no-mans land (which by the way CAN be protected) where less than .001% of the world’s population will ever set foot.
The longer we wait, the more we risk a more serious military conflict just to get the energy we need to keep our economy afloat. Democrats, just how do you like being held hostage by the Middle East ??? Just how do you all feel about this OPEC decision?
[+5 rating, 5 votes]
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WASHINGTON (AP) - Barack Obama’s running mate says a campaign ad that mocked Republican presidential candidate John McCain as an out-of-touch, out-of-date computer illiterate was “terrible” and would not have been done had he known about it.
First we would just like to say: Thank you for taking the time to register on our site either recently or anytime during our past four years of active publishing!
Joe Biden said Wednesday that Hillary Clinton “might have been a better pick than me” to be Barack Obama’s running mate.
(HONG KONG) — OPEC members (at a meeting in Hong Kong) have agreed to roll back oil production to quotas agreed in September 2007, a level that will cut output by about 500,000 barrels a day. An OPEC statement issued at the conclusion of its meeting Wednesday said the organization agreed to produce 28.8 million barrels a day. An Associated Press report cited OPEC President Chakib Khelil as saying the quota meant that member countries agreed cut back production by 530,000 barrels a per day. End of Story — (that’s an understatement! - ed.)
