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SNAKE OIL BEING SOLD AGAIN

 

OBAMA, THE SNAKE OIL SALES GUY

Remember the old western movies where you saw the guy roaming the west in a wagon that had painted on its side Dr. So and So wonder potions, a cure-all for everything even ingrown toenails. My Father used to call those guys, as well as the ones that came to our door to sell us something, “Snake Oil Salesmen”. I often wondered if he were alive what he would call President Obama.

Do you remember all the promises Obama made while on the campaign trail, far too many to mention in this BLOG. Well in my opinion he has broken 90% of those promises, which were enough to earn him the title of a “Snake Oil Salesman”.

Remember John McCain’s position on taxing employee’s healthcare benefits that Barack Obama was all over. Reporter Jim Geraght, a contributor to National Review On-Line and reported on The Patriot, said that during the 2008 campaign Obama spent $44 million on 16 different television ads hammering John McCain on this idea, according to research by Evan L. Tracey, founder and president of Campaign Media Analysis Group, a TNS Media Intelligence company. This message was a central theme and a significant percentage of the Obama campaign’s advertising in 2008,” Tracey said. His organization estimated last November that Obama’s campaign spent $250 million on television advertising, meaning that about 17 percent of all of Obama’s ads were denouncing McCain for this proposal. This is the advertisement that was all over TV:

John McCain: “I want to give every American a 5,000-dollar refundable tax credit.”

Announcer: Here’s the truth.

Barack Obama: “He says that he’s going to give you a 5,000-dollar tax credit. What he doesn’t tell you is that he is going to tax your employer-based health-care benefits for the first time ever. So what one hand giveth, the other hand taketh away.”

Announcer: John McCain. Instead of fixing health care, he wants to tax it.

Barack Obama: I’m Barack Obama, and I approve this message.

Now Obama is going to do exactly what McCain purposed, except for the rebate part and of course and also that Unions will be exempt. What happened to the promise that we were going to get the same plan as Congress in McCain's???
There is also a Snake Oil Sales Lady in the form of “The Speaker of the House” Nancy Pelosi.

I see these people as the one’s who have nothing to sell but “grief” to the taxpayers and bottle it up in a container as big as the ones used on ships, then at the last hours before the shipment add a little package taped to it adding insult and 15% more injury. These add-ons are the requested amendments or earmarks from some of the dissenters who were going to vote NO and were used as bribes by the President and Speaker to get their YES vote.

But the real reason, and the reason the Speaker got out of Washington, was that she new there was a bullet from a smoking gun ready to find a target, that being an EPA report that was suppressed by the Obama administration and Congress this way she could claim she knew nothing about it.

A summary of that report follows:

Alan Carlin said “that the research that the EPA was relying on was at least three years out of date, and didn’t reflect the current data”.

Since when did liberals ever let facts get in the way of anything? It’s obvious the EPA suppressed this report because of pressure from the Obama administration and democrats on Capitol Hill.

Carlin’s report listed a number of recent developments he said the EPA did not consider, including that global temperatures have declined for 11 years; that new research predicts Atlantic hurricanes will be unaffected; that there’s “little evidence” that Greenland is shedding ice at expected levels; and that solar radiation has the largest single effect on the earth’s temperature. It appears that AL Gore is the Snake Oil Salesperson, making $100 Million. 

Alan Carlin of the EPA, the author of the 98 page report said this to of all places CBS News:

“It was his view that he would either have lost his job or working on something else,” Carlin said. “That was obviously coming from higher levels.”

Carlin was speaking of his boss, Al McGartland who told Carlin by email that the administration and the administrator have decided to move forward and that his [Carlin] comments didn’t help the legal or policy case for their decision to move forward.

Nancy Pelosi Snake Oil Salesperson like our “bunny friend” just kept on going, you know for Jobs, Jobs, Jobs, and more Jobs. In order to get this so called energy bill Aka. Cap and Trade, passed before her going on vacation, she started a campaign of bribery.

Pelosi does not usually meet with Republicans, but she met with at least seven GOP swingers. Five of them (Reps. Michael Castle (Del.), Mark Kirk (Ill.), Leonard Lance (N.J.), Frank LoBiondo (N.J.) and Dave Reichert (Wash.) subsequently backed the bill. Three other Republicans – Reps. Mary Bono Mack (Calif.), John McHugh (N.Y.) and Chris Smith (N.J.) had already backed the bill while still in committee.

Living in Mary Bono Mack’s District for 6 years she most likely got another couple of million to continue the Salton Sea study, which has been a major money sink hole for the last 12 years but is her late husband Sonny’s only claim to political fame. 

The fact of the matter is nobody knew what they were voting for, 300 pages were added in the last hours, except the ones who were bribed. Not one of our elected Democrat Representatives, with the possible exception of Snake Oil Producer Rep. Waxman read the 1,200 pages in this energy” Cap and Trade or Cap N Tax” bill. When any of the Democrats, on the news shows were asked about any specifics or if they read the whole bill the answered was NO while the Republicans answered yes. The Democrats answered specifics using the talking point statement “Millions of Jobs are Going to be Created” after which the Republican countered with “why are there 40 pages in the bill that deals with displace manufacturing and other sector workers, mostly union, who do not have the skills for the so-called “Green Jobs. What about the Coal Miners who would lose their occupation? They are expendable.   

Auto workers who have been laid off or fired will not be rehired by the automakers because their positions will have been eliminated and or replaced by new automation technologies. The recent lower and middle management personnel firings will not be called back because there will be a lot less workers to manage.  

If the Obama-Care plan becomes a government plan and competes with private sector plans we will see a defection from private and employer health care plans to the tune of at least 60,000,000 people right out of the chute (not by choice) which will put the deficit much, much higher than stated by the CBO. (Refer to my Obama-Care posting) It will add about 600,000 union jobs to the Government sector and about 6 million to the ranks of the unemployed. The newly unemployed will drive the benefit unemployment payments up, again adding to the deficit as well.     

I have a prediction for my readers. I predict if the Cap and Tax bill and the Obama-Care bills are passed, with any government control, we will see unemployment of at least 15% and our country’s deficit, over the next 30 years, will be $14,000,000,000.

Start sending your members of Congress E-Mails, Faxes, Letters, call them on the phone and express your concerns with these bills.

We have to defeat these bills or at the least delay them until 2010 so we can vote some of these Socialists nuts out of office.

President Obama is now going door to door selling his Snake Oil Obama-Care plan whatever that is.             

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OBAMA-CARE

 

So we’re getting Universal Health Care are We?

I don’t know about you but why aren’t we involved in the creation or selection of our health care plan. Don’t we have too every October select which options we want and even in some cases we have to decide on new plans altogether. Who are these idiots who think they know more than the general population, we’ve made this far on our own.  

What ever happened to the fact that we were supposed to get the same Health Care that the members of Congress are getting? Only yesterday somebody let the cat out of the bag when he said that members of Congress are not participants in the proposed Obama health care plan. So why should we have to take what they, the Congress, feels is not good enough for them?

I also can’t figure out what the Obama-Care plan really is because whenever members Congress talk about it, it always sounds altogether different, and depending what crowd they are talking to. As I write this, Obama is speaking to the AMA so we will see how he placates this bunch.
An update on 6/23/2009: I just heard that there are 3 different plans now being tossed around in the Senate, so what will we get by the 4th of July?

I know this Obama Health Care plan is really a Ted Kennedy plan which means the document will weigh at least 300 pounds, 800 pages and have more give-aways to all of the different groups, even building playgrounds, lighted sidewalks to run at night, and everything else that will exercise every thing down to your little finger, and don’t forget illegal immigrants, you know the ones Kennedy calls “Undocumented Americans”.

Obama said they will get the biggest bang for the buck by eliminating unnecessary medical testing then he told the lawyers lobby there would be no “CAP” on suing for malpractices. How do the Doctors know if the testing necessary or not until after they test? I know the answer to this one also. The Obama Care testing police will let the doctors know.   

By the way I keep hearing that we will be able to keep our current “Plan” but if it is from our employer they will tax our benefits to pay for the other plan. Isn’t that something special? I wonder if Members of Congress will have to pay tax on their benefits?

How are the plans from the Employers going to be portable? Does each employer you work for have to take on the previous employers plan? I have the answers to the questions, they aren’t portable and you will have to switch to the Obama-Care Government plan when you leave or if you get laid-off or fired.

How are the 95 million who are supposed to be uninsured and don’t pay taxes going to pay their Obama-Care? I know they aren’t. The middle class workers and seniors are.

In order to save Medicare and to pay for Obama-Care seniors will have their benefits severely curtailed because we are now, according to Obama, EXPENDABLE and care should not be given to extend our life, except for the seniors in Congress of course.

 

I think the Obama admistration or Congress should send us all a copy of the entire plan and give us 90 days to ask questions and another 30 days for them to respond with a marked up version.

The bottom line is we will not know what we are getting until it’s too late and believe me there won’t one Congressperson who will have read the whole thing, and just a few who read the summary.

Senator Ted Kennedy submitted the Obama-Care Plan document to the Congressional Budget Office (CBO), by forklift, for a cost estimate. Get a load of this devil in the detail:

CBO

The coverage of an additional 16 million people in the Kennedy plan is a net number. The CBO estimates 39 million people would join a federally-sponsored “gateway” health care plan by 2019, but that 15 million of them would join by leaving their employer-sponsored health plans for the federal program and another 8 million would join by quitting Medicaid and other state-sponsored health insurance plans -- in essence, 23 million people already covered would simply swap one form of coverage for the government’s “gateway” coverage.”

So we are providing health care to people who already have it, only now at a substantial cost to the Taxpayers.

In addition the CBO said, “its analysis did not include the President's proposal to pay for health-care reform in part by cutting government Medicare and Medicaid spending by more than $600 billion over the decade. But the CBO estimates did include $257 billion in tax increases, nearly the amount -- $326 billion -- proposed by the President over the decade.”

Taxes are going up which means us seniors will get less but pay more, not to save Medicare but to pay for Obama-Care   

FOX News analysis:

In the Kennedy plan, nearly all of the costs of providing health insurance to 16 million more people would stem from the subsidies, estimated at $1.3 trillion over 10 years, CBO said.” Just think only 288,000,000 people left to cover and more $18 trillion to spend. Isn’t that special?
 
 My God isn’t it good that the taxpayers pay for 800,000 abortions every year, we can only imagine the savings.

Don’t forget the USPopulation: 303,824,640 (July 2008 est.).

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The Speaker Of The House Pelosi and the CIA

Let us start out with the question who do you trust when it comes to our national security? I tend to lean toward the CIA away from Pelosi. According to her own words she was only brief once but there were 40 such briefings she did not attend.

Pelosi stated:

“Of the 40 CIA briefings to Congress reported recently in the press, I was only briefed once, on September 4, 2002, as I have previously stated”.

The one she did attend she said she had her mind on her most important job of trying to get more Democrats elected in the next election along with a Democrat President so we could get healthcare and the other things the people wanted. Our National Security she had put on the back burner. She also said although she did not attend the other 39 briefings but she had sent an aid (or aids) which she has never named and was not told that interrogation techniques were used or being discussed. This is what is called “plausible deniability” or “throwing the expendable Aid under the bus”. We can only wait until the Aid or Aids get fired or let go if Pelosi gets defeated.

The poor person most likely has a confidentially signed in triplicate. 

The only one she attended she said: (Pelosi’s website)

‘I was briefed on interrogation techniques the Administration was considering using in the future. The Administration advised that legal counsel for both the CIA and the Department of Justice had concluded that the techniques were legal. She said “I had no further briefings on techniques”.  

Next, she tries to validate her “memory fart”, or cover up by thinking the letter sent to Jane Harman on Feb. 23 2008 proves her position: (Pelosi’s website)

‘As we informed both you and the leadership of the Intelligence Committees last September, a number of Executive Branch lawyers including lawyers from the Department of Justice participated in the determination that, in the appropriate circumstances, the use of these techniques is fully consistent with U.S. law.’

Now she had to have the CIA Director tell the Press, I am sure at Obama’s insistence, which Pelosi used as proof the CIA may have not said what it said. 

“As reported in the press, a cover letter from CIA Director Panetta accompanying the briefings memo released this week concedes that the descriptions provided by the CIA may not be accurate”. Key word is “may”.

Now we have a CIA Director who “may” not believe his own people, so we are left with no answer to the question of “who said what to who”?

It appears we are not going find out, I say if in doubt throw her out.

There were other members of Congress at that briefing on Sept. 2, 2004. Guys like Porter Goss who gave their approval, encouragement, and even asked if they were, the CIA, doing enough.

Somebody is lying and I believe it is THE SPEAKER OF THE HOUSE 

I am sorry, this is unacceptable and something has to be done.

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PAY CZAR

 Please go to this link and then wonder what is next?  http://www.gopusa.com/theloft/?p=1579
 
Obama did somthing yesterday which all of the Democrat Congress bought into, I think was in reaction to his spending.  He sent Congerss a Pay as You Go plan for them to act on. You could tell by the look Nancy Pelosi's face that she thought she again put something over on the American people.  Lets face it, Obama has spent the money and we will pay dearly when the Bush tax cuts expire.
 
That in my opinion is " Obama GO then Taxpayers PAY"
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Obama In Cairo

I was prepared to write about the Nancy Pelosi CIA thing but things are happening so fast, to stay current, is really faster than I can write.

I listened to Obama’s Cairo speech and I thought WOW what the heck was he thinking? I have to say Obama is a great speaker, thank God for the teleprompter, and he got some applause form the attendees. But who were the people there? We did not see them, so should we rule out the only ones applauding were the President’s entourage.

I do know there were at least three groups who weren’t there, Israel, Fatah and Hamas. Obama was talking to the people who have heard most of what he was saying before, at least since the Carter administration, however there was no mention of the “Palestinian Authority” (PA) which was defeated in the last Palestinian election by Hamas. The PA set up shop in the West Bank and is still considered by the U.S. and others as the leader of the Palestinian people.

From (IsraelNN.com) Even as U.S. President Barack Obama tells the world there must be a Palestinian state, the residents of such a “state” themselves say this is not a viable possibility.

A poll released this week shows that 51% of Arabs in Judea, Samaria and Gaza believe that unity between the two new Arab entities in the Land of Israel – Hamas-controlled Gaza and Fatah-ruled Judea and Samaria - will happen “only after a long time.” Another 27% says the split is permanent.

These two Palestinian groups, Fatah and Hamas, are at war with one another which equates to the same situation we faced it Iraq, and still face.

I am of the opinion that what the President did with this speech will elevate the tensions between the factions, where as Israel will speed up their expansion of the Gaza and Hamas will start lobbing more missiles into Israel.

In order to solve this problem Israel will have to pursue a SURG strategy much like the US did in Iraq. The possibility of that happening is ZERO since many of the people in the West Bank have relatives in Gaza and the US and international community will side with the Palestinians.

Many times since becoming President, Obama has said things that he has not considered the consequences, whether intended or unintended, by his talk. This is a major one because he essentially implied that if Israel took any offensive actions with Iran or Hamas the US would not support them, although he did say in Germany the Israel is our ally, playing to a different crowd I guess.             

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Obama The Magic Dragon

 
Obama the Magic Dragon:  He makes 401(k) plans, and pensions 90% disapear.

 This is a letter I sent to the Congerssmen who represent my district. Every body who reads this Blog should send one to their Congressmen.  Feel free to copy this one and send it.   

Letter to U.S.Rep.Brown, U.S. Senators Graham, DeMint;

Many mutual funds, 401(k) plans, pensions, and insurance companies contain some automaker’s debt, and will lose up to 90% of its value if Obama's Auto Task Force has its way.

The Administration's Auto Task Force has ignored small bondholders, senior citizens, and (current and future) retirees in discussions over the automaker solvency. With the Administration in the driver's seat, they have offered small bondholders only cents on the dollar, which would impact millions of American's pensions, savings, college funds, and retirement accounts.

Bonds are loans, not speculative stocks, but the Administration is proposing that holders of automaker’s debt will receive $0.10 on the dollar for their holdings while the United Auto Workers (UAW) union and the Federal Government will receive 89% of the equity in the restructuring.

This is just another unintended consequence, or intended, of the Obama Administration, just like the Credit Card bill. The Credit Companies will start charging interest from the day of purchase which will punish the people who pay in full and on time as well as the ones who think they are getting a break. It sounds like the whole Senate and House bought into this one.

Government intervention is getting way out of hand and you guys have to find a way of stopping it. I can only hope the voters across the country understand what is going on and vote accordingly in the mid-term elections.

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The Mess We Are In

 

Just about every economic expert agrees that government intervention causes ciaos in a free market capitalistic system.

They agree just about 100%, this particular down turn in our country’s economy was definitely caused by government intervention, starting back in the Carter Administration’s answer to the “Black Housing” problem with the birth of the “Community Reinvestment Act (CRA)”. Carter didn’t have the time to implement it and the next administration would not. However each President blames the previous administration including the Obama administration, for what they inherited. Let us not forget laws are passed by the congress and may not portray the policy of a President, depending on their makeup.

Have you ever heard a speech by President Obama which he was taking ownership of the problems he inherited? To the contrary all the moves he is making economically is so he can blame the Bush administration if any of it fails

Each administration always accuses the previous one of “lack of oversight” or “non transparency” when a situation such as this happens. Each administration reacts differently because the questions they ask are, “how can we get the most out of this politically”? Another question is “what did I (President) promise during my campaign”? The question that should be asked, after first getting an in-depth understanding of the problem, must be “what is best for the people of this country?” If this question is asked by every politician at every level of Government, we would not be prone to debacles such as we are experiencing now.

There are other inhibitors for government making the right decisions. The politicians usually answering the questions are ones who have never ran a business or had to meet a payroll in their life. Others have been collecting a paycheck from the Congress so long they have been involved in creating these messes and now want to cover their butts.

One root cause of our problems is the extortion of Congress by special interest groups such as the Auto Workers Union (UAW), Steel Workers Union, big financial and Wall Street intuitional lobbies. All of these and more have donated Billions of dollars to the Democrat party and along with the radical left wing PACs and media supporting their causes have the government tied up in knots. This is not to say the Republicans haven’t received some as well, however the amount is about 10 to 1 in favor of the Democrats.

Now that the Democrats have control of both houses of Congress these groups want pay back. By the way this Union thing started screwing things up in 1935 with the enactment of the National Labor Relations Act (NLRA) which made wages much higher causing a higher unit cost of business products and services which had to be passed on to the consumer. Manufactures were caught without the money to expand production and as a result consumers weren’t buying, unemployment rose, and the economic climate was drastically stifled. The NLRA, in my opinion was one of the major players in starting the “Great Depression”.     

I believe answers to the wrong questions, which are slanted because of the above, are disastrous and is what has caused, not only our current situation, but lead us here in the first place. Results of the answers years ago, such as the NLRA are still having affects on the economy and the answers to the wrong questions today will have much longer effects because of problems and associations both foreign and domestic.

Wrong answers leads to government pretending to solve problems by creating new bureaucracies, Government run or sponsored intuitions, and regulations which will over time screw up free market capitalism. Free market is the process based on competition and encourages people to do their best too beat the other guy. If regulations are introduced to provide “safe havens” such as insuring failure, competition will cease to exist. If interest rates are regulated, competition can only go so far. Regulations are usually put in place to level the playing field.

Every president thinks he has political capital which really means he thinks he can get away with political decisions that put him in good favor with particular groups of voters. When he tries to tweak the free market system by interjecting political favoring the country will get screwed up and usually the next president has to pick up the pieces.

This screwing around is not limited to the President. The Congress has too much to say about tweaking the system favoring their voters, in most cases more than the President. I have always said if Congress took off at least nine of the twelve months every year we would be in much better shape.                                 

One really wrong question was asked, by our “first black President Bill Clinton,” to the treasury department was, how can we help the poorest voters experience the “American Dream of owning their own home”? Wasn’t that the same question Carter asked?  

This was not only the wrong question but it was asked for the wrong reason which resulted in the wrong answer. Since the answer was “yes we can” the solutions use in making this happen, revival of the CRA, caused catastrophic results. You have to understand that at this time the housing values were starting to climb. Dot-Com companies started to pay outrages salaries which together put just about everything out of the reach of the lower income families. So the answer was to come up with some real creative lending schemes and have them backed by the Government’s “MAE and MAC” siblings which are essentially the taxpayers. 100% and even 110% mortgages were made available and the lending institutions were told by the Government, they would have to make these loans which would be guaranteed by the Federal Government.

The wrong reason was really not about the “American Dream” but to maintain a lock for the Democrats, on the low income voters. This reasoning also was backed by the notion that the housing market would just keep escalating and every body would make money when selling their home or by refinancing their mortgages.

An unintended consequence was that this became real popular with the people with very good incomes as well. They also got into this market and started buying homes that their dual incomes could cover the monthly payments with no down payments. Some even bought homes with the intent of “flipping” (selling) them in a year or two, and took out low cost 5 year balloon mortgages. Others took out variable rate mortgages at more than reasonable rates.

Contractors and national home builders started building houses as fast as they could and selling them at inflated prices. A large percentage of the houses were purchased by speculators, with 100% mortgages, with the intent of selling them in a few months and making a bundle. Believe me a lot of money was made in a relatively short time, but California and the Country as a whole started to see a housing “glut” around 2007 and all of a sudden people could not sell their house or in some cases houses.

When we sold our last house in California in 2002, the woman who bought it took out a 100% thirty year 1st mortgage (interest rates we very low but I forget how low) as well as a five year balloon for another 10% to cover the closing costs and the down payment on the balloon. In 2007 her balloon came due but at that time housing prices were still going up, and she must have covered it because we were out there February 2009 and she was still in the house.  She most likely refinanced the whole house including the 10%.  However, the bottom dropped of the California housing market in late 2008 and her house is now worth only what we paid for it in 1996 leaving her with an upside down house.

People who had these “creative mortgages” were fore-closings at a staggering rate in 2008 and 2009 which started to affect the banks and the mortgage lenders. And now we all know the rest of the story of how just one stupid answer to a politically motivated wrong question caused the collapse of our entire “Financial System”, but not without help.

The Federal Reserve System is another Government intervention to the free market capitalist system. Adjusting the prime and lending interest rates results in an artificially reflected market. In free market system it is the consumer who determines the terms, conditions and prices. They look for the best prices, discounts and terms.

It seems that every day the “Feds” meet they would come up with new ways and rates to muck up our free market system. The stock market now makes decisions based on the Fed’s rates. By doing this the stock markets are reacting to something that, in the real world, is not happing but since the Fed is dictating the lending rates they have no choice

I guess low Fed rates spur corporations and banks to borrow and high Fed rates slow the borrowing. How novel is that?

What do you think would happen if there were no Federal Reserve? First of all we would save a lot of money by relieving the Government employee count, but my guess would be the free market would react to the consumer demands. The rates would go up until borrowing slowed or stopped then would come down until borrowing started to pick by consumers shopping around looking for the best deals and eventually the market would find a leveling point. Now isn’t that a novel idea?

Our crisis did now happen because the free market system doesn’t work, it happened because the Boneheaded Congress and the Federal Reserve screwed with it for political purposes and because they mucked up our free market system our financial systems are collapsing, and it’s for real. All the interjections of the Bonehead Congress broke the system which took away the power of the consumer. The stock market plunged taking away the savings of the nearly retired and everybody else, people are losing their jobs resulting in home foreclosures and what does our Bonehead Congress and President do?

They start spending money faster than they can print it, which means they have to borrow more. Doesn’t this sound like the 100% mortgage problem that started “The Mess We Are In”? They panic and now are totally asking the wrong questions, or in this case making wrong assumptions, spending based on political reasons and feeding money to organizations that should go into bankruptcy and or reorganize which they will have to anyway.

Their solution was again, to borrow and print more money, like $3.7 Trillion dollars. This will create an interest payment of well over $500 Billion a year which over ten years will be more than the original loan or around $5 Trillion. That leaves the total of the entire bailout worth almost $9 Trillion. We will then have an upside down federal treasury. We should get ready for a 50% income tax for every body starting in 2013.

The reasoning was that during the “Great Depression” not enough money was spent which allow it to go on for almost a decade. Again, the wrong answer to a wrong question!

First, most of the decision makers in the Obama administration have no, nada, association with the “Great Depression” other than hearsay. Most of them were not born until after WWII. I was born in 1938 and live thorough the resulting years and WWII. WWII did not cause the ending of the “Great Depression” which is contrary to what you hear from these “Baby Boomers” who went to liberal colleges and then went work in Government agencies with ideas of creating a new world order. They did not take the time to analyze our past history, in the financial sector, and the resulting effects it had on the economy in the 1930s, 1940s, and even the 1950 time frame.      

Anyway the “bailout” fever spread over the Bush administration and now Obama’s. The rush to save these intuitions in trouble was again the wrong answer to a politically motivated question. The question was how do now we save these financial and auto makers intuitions who in the boneheads mind “there too big to let go bankrupt”.  The politics is in the quote because both of these sectors have paid extortion money to the majority of the congress through campaign financing, again answering the wrong question for the wrong reason. I also should say they did not listen to the overwhelming response of the taxpayers who said to let these sectors go bankrupt with only 2% in favor of bailouts. We have already given GM $31million and they still will, in a short time, go bankrupt leaving the taxpayers holding the money bag.

The taxpayers are right, and usually are, because they are a larger cross section of experience with the free market system, many who are cutting paychecks and running successful enterprises, than what is in the U.S. Congress. By ignoring the taxpayers and giving out worthless paper backed by a bankrupt Government, means the Government will have to take equity shares or common stock, at some time, in all these companies and become voting shareholders. We will have the President with the majority of Congress, who by the way as I said before, never met a payroll or ran a business in their lives, in the position of directing these companies with their bonehead decisions. Does the term Nationalization mean anything to you?

WOW! I was just about to push the publish button when I got an alert from Stratfor.com that Chrysler filed for Chap.11. This post was getting to long so earlier I decided not to include a few lines about my opinion on the Automakers bail out.

I said above that the government would have to take equity shares for the taxpayer money given to the automakers. I was thinking of GM when I wrote that and never gave a thought about Chrysler. We, the taxpayers own 60% of Chrysler now even before the bankruptcy. The Government gave, as one of the conditions, that Fiat of Italy would take a 20% of the equity shares when the deal is signed and controlling ownership by 2016 with the U.S. and Canadian Governments owning another 10%.

Why didn’t the Government let Chrysler, and for that matter GM, go bankrupt when this thing started, instead of putting billions of our dollars up just to keep them afloat for a few months? Because the wrong question that was again asked was, “how do we save the Union voting block”.

I think there is something rotten with this arrangement because Fiat was suppose to buy into GM and that fell through, then Fiat wanted to by Saturn, and that fell through and it was GM that back out  in 2005 when a deal was proposed with Fiat, because Fiat had a major amount of dept in its car division. The Government thinks that Fiat has better small car technology than what is on the Chrysler drawing boards. The Government knows best.

I have a feeling that Chrysler will be looking for another bailout in a few years. This is “The Mess We Are In” and I my opinion we will be in another one just like it eight years from now. 
Please go to the following Web site to gain a more professional opinion about Government intervention:
 
 
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The Tide of Socialism

 

There are many people who believe that Socialism and Democracy can exist with one another. They can, but that’s because Socialism is a threat to Capitalism, at least at first, not Democracy.          

Socialism to Democracy is not the issue in what is going on with our current crisis in the USA. However Socialism, in a democratic society, is now the method used by liberal left leaning elected societies intent on chipping away at individual freedoms and human rights and our free market capitalistic system, resulting in a collective form of Government. It is also the method by which supplying one’s “daily bread” will lead to the control of the people. What the Government gives they can also take away.

Those who think that the WWII era was the time socialism became prevalent in European democracies are dead wrong. In fact it was that time when Communism expanded its hold on Europe, when the powers at the Alta conference decided that most of the free people prior to WWII should fall slaves to the USSR. This didn’t end until the fall of the “Berlin Wall” 40 years later and their Communistic form of government crumbled under its own weight.  Most of the rest of Europe were already Socialistic Democratic States. 

One has to realize that European countries were ruled by Monarchies, Clan leaders, and Warlords, which were collective forms of Government, where nobody owned anything of their own. This is a pure form Socialism, or in today’s world Communism. Therefore Socialism was what they had to start from. Unfortunately the people had no idea what a “Capitalist Democracy” was and were scared because they had been always at the mercy of the Monarchy. Socialistic Democracies Started when the European people decided they had enough with being ruled by appointed Royalty and beheaded or diminished their powers to nothing more than figureheads. Even then Socialism started gaining control in areas of the business ownership, the workforce and religion. Hence the movement to America occurred. The people formed Parliaments and free elections were held. That was before WWII. (Of course this is an accelerated summation, a lot of other stuff happen before they got their freedom.)     

Socialism started in this country in the late 18th century in the form of Unionism as the means to end the exploitation of woman, children, workers coming from the farms and the large influx immigrants. It was a good concept then. Now however, with their sometimes outrages wage demands and extreme lifetime worker benefits, layoff restrictions, no firing clauses, and restrictions on companies to utilize more modern and efficient methods of manufacturing and processing, has led to anti-competitiveness. Union demands have been the major factor in the reduction of jobs or job relocation in unionized companies. If you look at the areas or States in deep trouble you will find a large concentration of unions.

      

Most, if not all, unions have monopoly power, which they can use to raise wages above competitive levels. Unions have the power to fix high prices for their members’ labor rests on legal privileges and immunities that they get from government, both by statute and by non-enforcement of other laws. The purpose of these legal privileges is to restrict others from working for lower wages.
 
These Unions now border on Communism because of their undeterred hold on the Socialistic Democrat Party (SDP) which they have bought with their massive donations to political campaigns, the Socialist Political Action groups and, left wing BLOGS, which wage personal attacks on their opposition.

The Labor Unions now have a strangle hold on the SDP and forcing the insertion of Socialistic demands, such as “card check”, or “Employee Free Choice Act, and demanding that any project using Federal money must us Union workers in their policies.

Now from MoneyNews.com one of the largest labor unions, the Service Employees International Union (SEIU), wants to centralize all retirement plans for under one new “retirement system” including 401(k) plans for the United States. In effect, every one will have a Government Retirement whether they like it or not. Also Union labor must be used on federally funded projects was just introduced in the new “Stimulus Bill.”  

Former Speaker of the House Newt Gingrich explains Card Check:

"Under Card Check, union organizers and their enforcers will be able to go into any small business, hospital or construction site and coerce workers into signing cards. If they get 50 percent plus one, the deal's done, and the workers are forced into a union. And if management and the new union fail to reach a negotiated contract, the federal government will just impose one.

Other Socialistic mandates:

During the “great depression”, Government “Alphabet Soup” work projects, such as WPA, TVA etc. were started by excessive funding and spending by the Federal Government. We put hundreds of thousands of people on the Government payroll.  

On top of that a Government mandated the Social Security System (SSS) that takes a percentage of the workers earned wages, which are taken off the top, or gross, of the workers and was suppose to be set aside in a fund for when workers became sixty five years old and retired.  People of that generation had no idea what was happening or understood that the workers not only had their money taken away for 30 or 40 years, were paid “NO interest” and then the Socialists Democrat Government made us pay income taxes on it when we were qualified to collect. However the Social Security fund money was to inviting and free, not in a locked account, for the Federal Government, and almost right away it started being used it for other things.

The only thing that stopped the spending and the abuse of the Government Treasury in the late 1930s up to the mid 40s was WWII. SSS was an entitlement and once started it could not be discontinued.

Today we have many entitlements and many restrictions that have been forced on or into our lives for the “good of the country”. In all cases, Capitalism and a free market driven society can handle these problems, only big government solutions will, without a doubt, cause recessions and then inflation especially one that favors Socialism. Having said that, many more are be proposed by our Socialist Democrat President and labor controlled Socialist Democrat Party, soon to known as the ”Socialist Democrat Labor Party”. There are three very dangerous ones:

Cap and Trade, or better known at “Cap and Tax”, which taxes everything we manufacture, touch and consume, and is being use to combat “Global Warming”. There is no scientific proof that it is even happening. There is however scientific proof that it is not.

Second, is a mandated “Healthcare system” which we know does not and will not work for this country. How do we know? Well in the European Union there are 27 countries all of which have a different government run Healthcare systems. All these countries are imploding because the amount of people using the systems, and the very high unemployment, are consuming more money than the Governments coffers can support. People in those countries are now paying 50 to 60 percent of their pay to their governments for all the entitlements. This is another entitlement which, if started, can not be discontinued.

From The GOPUSA Eagle:

Now, our dive toward socialism appears to be gaining steam and some elected officials around the country are considering another anti-capitalist move: price controls. That's right... in the good, old U.S.A. you could be the owner of a rental property where the government tells you how much you can charge. Own a grocery store? Better not raise the price of milk unless the government says it's OK.

Third, our new Socialist Democrat President is nationalizing our financial and insurance industries as well as handing the automakers tons of bailout money. These industries have made some bad business decisions and should be allowed to go bankrupt.              

Socialism is the belief that any of the various theories or systems of social organization in which the means of producing and distributing goods and services is owned collectively (includes labor unions) or by a centralized government that often plans and controls the economy. It is the stage in Marxist-Leninist theory intermediate between capitalism and communism, in which collective ownership of the economy under the dictatorship of the proletariat has not yet been successfully achieved.

Our Socialist Democrat President is planning on increasing the Government payroll by 600,000 workers. We currently have 33% of our workforce getting a paycheck from Federal, State and Local Governments. When that reaches 51% we will have become a European Socialist style State and we can officially call our country the “United Socialist States of America.

The Government is handing out more money than what is taking in, and our Government is becoming a “Giant Bernie Madoff Ponzi scheme”, which is a fraudulent investment operation that pays returns to investors (in this case substitute Government employees)  from their own money or money paid by subsequent investors rather than from any actual profit earned.  


”Capitalism is a social system based on the recognition of individual rights, including property rights, in which all property is privately owned. Under capitalism the state is separated from economics (production and trade, just like the state is separated from religion. Capitalism is the system of political freedom”.

Communism is any system of government in which all property and wealth is owned by the state. This is where we could end up. 

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Spend, Spend, Spend

 

On June 17th 2008 I wrote a BLOG post titled Change, Change, Change. I would like the readers of this BLOG Post to read that one before reading this. One thing more, I would never call the Democrat Party, the Democratic Party. If anything I would label them the Socialists Democrat Party.

The Heritage Foundation has come up with the cumulative cost of $8,400,000,000,000.00 for this spending bill for the 8 years, 2010-2017. That is about $28,000 for every man, woman and child in the USA and a family of four, $112,000.

On top of this, since Obama came on board on January 20th 2009 the stock market went plunging from 7949.09 to, on March 5th 6594.44 which amounts to $2.5 trillion in market losses. Even prior to that when it was almost certain he would be the Domocrat nominee the market started heading down from 12,000.

We have lost over 50% of the savings in our 401K accounts leaving retirees relying on their own savings CDs and other out of stock market accounts. Even the Wall Street Journal has said that “the economy actually would be recovering were it not for the anti-growth policies being pursued by the Obama administration”.

Obama has managed to mismanage just about every financial and industrial sector in the nation with his new policies and the articles in his Stimulus Bill and his proposed budget or just by opening is inexperienced mouth.

Obama has talked about the need to nationalize our banking industry, government control over our insurance and a European socialistic universal health care plan.

The Government will mandate the rules of banks when lending money. He has said that even solvent banks have to accept the money so they can lend more. This is so he can get control of all banks. Many solvent banks have sent the money back regardless of his order, saying, they have plenty of loan available money and in fact have not turned down any qualified borrowers.

There goes the HMO, PPO, Blue Cross and God knows how many other Health Insurance Companies. The Government will expand to about 650,000 more employees for oversight, distribution of money, and administration of services. 

Obama’s talking about cutting back our spending on strategic defense systems, raising taxes on large corporations and even on money made off shore by multinational corporations.

Say so long to thousands of defense manufacturing jobs, and also will put the USA’s security at risk.

Just by putting a cap on executive salaries will cost the Government $11billion in tax revenue over a ten year period.  Letting the Bush tax cuts expire in 2010 from would cause large and multinational corporations to relocate their headquarters in other countries, which many companies already have. Obama is saying he supporting small business by cutting their Capitial Gains tax, but 95% of small businesses only pay income tax which will go up because they make above the $250.000 limit.  Remember Joe the Plummer?    

The Government is the taking away the tax deduction on high end home mortgage interest and just recently the Democrats are talking about using the money in our 401K plans to bolster up Social Security.

If you remember this whole downward cycle started with the subprime mortgage debacle. Fannie Mae finally became insolvent and could not take on any more of the bundled mortgages from conventional banks. Of course the Democrat war machine went to work on former President Bush and blamed his administration for lack of over sight. This was a good move by the Dems. who wanted to direct the attention away from their own lack of understanding of the problems that would occur in later years after the Clinton admistration in the 1990s forced banks to take on mortgages from people who could not meet the conventional mortgage terms.

This problem was well documented in a feature article in the New York Times on September 30th 1999. .

This is a summation of the article:

''Fannie Mae has expanded home ownership for millions of families in the 1990's by reducing down payment requirements,'' said Franklin D. Raines, Fannie Mae's chairman and chief executive officer. ''Yet there remain too many borrowers whose credit is just a notch below what our underwriting has required who have been relegated to paying significantly higher mortgage rates in the so-called subprime market.''

Demographic information on these borrowers is sketchy. But at least one study indicates that 18 percent of the loans in the subprime market went to black borrowers, compared to 5 per cent of loans in the conventional loan market.

In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and loan industry in the 1980's.

''From the perspective of many people, including me, this is another thrift industry growing up around us,'' said Peter Wallison a resident fellow at the American Enterprise Institute. ''If they fail, the government will have to step up and bail them out the way it stepped up and bailed out the thrift industry.''

You should also know that Franklin Ranies left Fannie Mae just before the DoDo hit the fan, with millions of bonus dollars. Raines was also the lover of Barney Franks, Democrat and House Financial Services Committee Chairman.

Obama has also just about killed every energy sector with all this talk about Cap and Trade. He is not fully utilizing our own resources, and caving into the environmentalist’s lobby. This will result in a price hike and higher taxes on just about every product and service we consume and use.

Making automobiles more efficient and cheaper is just BS. The Department Of Transportation of the Federal and State’s Governments gets their income from gas tax. With the entrance of gasless motor vehicles how do you think they will come up with that money? They will mandate putting a GPS in all vehicles and tax us on our mileage at the same time they will know our exact location, like On-Star, except we won’t have the choice of purchasing it.   

In my opinion, I don’t think President Obama has the slightest idea what he is doing or how he is affecting our economy by what he is implementing or saying. If he keeps spending under his current plan, there will be less people paying into the tax pool, because of business closings and employee layoffs.  We will be, in effect be pulling a Bernie Madoff on ourselves. Obama might be a Harvard Graduate but he has no practical application in Business or working in the private sector. This is the problem when we elect Senators who have not run any prior form of government. Obama is using this office as his training ground and we will suffer for electing him.

President Obama will be drastically changing the model this country was founded on by converting our Capitalistic form of enterprise to a Socialistic Hugo Chaves Government model. This will never be tolerated in this country and a high tech Boston Tea Party will be waged. In the mean time all sectors of our country will be crippled for many decades.

Let me say, I believe, that Obama has created the deepening of this recession and it started when he was on the campaign trail. All of our business sectors and investors, listening to his proposeed policy statements, were laying the foundations for the time when, or if Obama, got elected. Investors and businesses, large and small, knew that they were his target. They prepared for the cataclysmic events that would occur if he got elected. As soon as they knew he would be President they started selling off. The banks stopped lending, small and large business started laying off employees, thousands even thought it was time close and take their money and run. This was their “Boston Tea Party”

Obama has to stop blaming the former President. All new Presidents inherit something from previous administrations. The sooner Obama takes ownership of these problems and stops acting in a panic mode the sooner this will be over. I am willing to bet though, the Democrats will keep on going until the 2010 Congressional elections and thereafter if they keep wining.

What more does Obama need to be convinced that we have a “supply side economy”. When the Stock market plunges, manufacturing cuts back or closes and the banks stop lending, money goes no where. I am convinced the solutions are sitting on his desk, however he has promised so many people, so many things, he has to spend, big time. His policies are all about politics while people are having some of the worst times in their lives he is serving $100.00 a pound KOBE Beef to guests in the White House and flying around on Air Force One everyday telling people his policies saved 25 jobs.

 “LET THEM EAT CAKE”.                         
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Obama's Cabinet Choices

 

Obama’s Cabinet Choices

As fast as I was researching this BLOG post Obama’s picks were dropping like flies. However not all that should of did. 

Governor Bill Richardson: Commerce Secretary (withdrew)


Bill Richardson on Sunday announced that he was withdrawing his nomination to be President-elect Barack Obama's commerce secretary amid a grand jury investigation into how some of his political donors won a lucrative state contract which is named after him (Governor Richardson Investment Partnership, GRIP).

Eric Holder:   Attorney General (should never have been picked)

(New York Times, George Lardner)

Erick Holder facilitated the Clinton pardon of Mark Rich. In 1983 Marc Rich was indicted along with his partner, Pincus Green, and their companies on 65 counts of defrauding the I.R.S., mail fraud, tax evasion, racketeering, defrauding the Treasury and trading with the enemy. (The last of these was for an oil deal with Iran while it held American hostages.) On hearing that they were about to be prosecuted, they fled to Switzerland. For the next 17 years, Mr. Rich ducked extradition requests as well as attempts by federal marshals to arrest him in France, England, Finland and elsewhere.

Eric Holder, (WSJ.com, Debra Burlingame) also facilitated the Clinton pardon of 16 members of the Armed Forces of National Liberation, FALN (the Spanish acronym), a clandestine terrorist group devoted to bringing about independence for Puerto Rico through violent means. Its members waged war on America with bombings, arson, kidnappings, prison escapes, threats and intimidation. The most gruesome attack was the 1975 Fraunces Tavern bombing in Lower Manhattan. Timed to go off during the lunch-hour rush, the explosion decapitated one of the four people killed and injured another 60.

FALN bragged about the bloodbath, calling the victims "reactionary corporate executives" and threatening: "You have unleashed a storm from which you comfortable Yankees can't escape." By 1996, the FBI had linked FALN to 146 bombings and a string of armed robberies -- a reign of terror that resulted in nine deaths and hundreds of injured victims.

Timothy Geithner: Treasury Secretary (should never have been picked)

 (Politico)

The Wall Street Journal/New York Times reported that Geithner had failed to pay $42,000 in taxes and had employed a housekeeper whose work permit had expired. But minutes after the news broke, the Obama transition team pushed back with talking points -- distributed to Capitol Hill, K Street and congressional reporters -- in which it portrayed the problems as simple mistakes or oversights." He admitted that he had failed to pay tens of thousands of dollars in federal self-employment taxes while working for the International Monetary Fund despite having signed paperwork acknowledging the obligation.

Hillary Clinton: Secretary of State (should never been picked)

Hillary simply cannot tell the truth. Here's her scorecard: (Dick Morris)

Admitted Lies

• Chelsea was jogging around the Trade Center on Sept. 11, 2001. (She was in bed watching it on TV.)
• Hillary was named after Sir Edmund Hillary. (She admitted she was wrong. He climbed Mt. Everest five years after her birth.)
• She was under sniper fire in Bosnia. (A girl presented her with flowers at the foot of the ramp.)
• She learned in The Wall Street Journal how to make a killing in the Futures Market.

                (The WSJ was not reporting on the futures back then)  

Whoppers She Won't Confess To

• She didn't know about the FALN pardons.

By Ron Kolb: Hillary Clinton, Terrorism and the FALN

Despite the Clintons' repeated denials, there is evidence that the pardons were offered to the terrorists with Hillary Clinton's full knowledge. In the Oct. 4, 1999, issue of the New Republic, Jose Rivera, then a New York City Councilman, is quoted as saying that he personally approached Hillary on Aug. 9, 1999. He said he gave her a packet of information about the FALN members along with a personal letter asking her to "speak to the president and ask him to consider granting clemency" to them.

Two days later, on Aug. 11, President Clinton would offer pardons to the terrorists.

(Dick Morris)
• She didn't know that her brothers were being paid to get pardons that Clinton granted.
• Taking the White House gifts was a clerical error.
• She didn't know that her staff would fire the travel office staff after she told them to do so.
• She didn't know that the Peter Paul fundraiser in Hollywood in 2000 cost $700,000 more than she reported it had.
• She opposed NAFTA at the time.
• She was instrumental in the Irish peace process.
• She urged Bill to intervene in Rwanda.
• She played a role in the '90s economic recovery.
• The billing records showed up on their own.
• She thought Bill was innocent when the Monica scandal broke.
• She was always a Yankees fan.
• She negotiated for the release of refugees in Macedonia (who were released the day before she got there).

Tom Daschle: Secretary of Health and Human Services (withdrew)

(Bloomberg.com)

Daschle, who withdrew yesterday as President Barack Obama’s nominee for the cabinet post, spent four years helping friend Leo Hindery Jr. raised cash for purchases including 1970s hit dance show “Soul Train.” The appointment ran into trouble after he amended three years of tax returns for unreported income, including personal use of a car and driver provided by Hindery’s buyout firm. Daschle bowed out of the confirmation process, saying the tax issue had become a distraction.

Make way for Dr. Howard Dean.

Nancy Killefer: Chief Performance Officer (withdrew)

(Michelle Malkin)

Just before the Daschle announcement came the withdrawal of Nancy Killefer. She was tapped to be President Obama's "Chief Performance Officer," overseeing compliance, organizational effectiveness and waste management across every federal agency. But the former Clinton Treasury official and head of the prestigious Washington office of the management consulting firm McKinsey & Company, Inc., couldn't be bothered to manage her own household help effectively. She failed for a year and a half to pay employment taxes and had an outstanding tax lien on her home. The lien was worth less than $1,000.

Janet Napolitano: Secretary of the Department of Homeland Security

Janet Napolitano was confirmed as secretary of the Department of Homeland Security. She previously served as Arizona governor and is not in favor of a closed southern boarder and is against the Real-ID. She is not in favor of current laws calling for the arrest and deportation of illegal immigrants.

We will need to watch out, with her in this position.

Leon Panetta: CIA Director (should not have been picked because of no intelligence background)

(National Review On Line)

Before he was a Democratic congressman, before he was director of the Office of Management and Budget, before he was White House chief of staff, and certainly before he was President Obama’s nominee for CIA director, Leon Panetta was director of the Office of Civil Rights at the Department of Health, Education, and Welfare—the precursor to today’s Department of Health and Human Services. He was also a Republican.

Around the time he left HEW in 1970, Panetta may have been involved in leaking a secret White House document that caused a major embarrassment for the Nixon administration and had policy repercussions for decades.

Nixon, appointed Pat Moynihan—who had served as assistant secretary of labor for policy in the Kennedy and Johnson administrations—as his urban-affairs adviser and all-around White House intellectual.


Moynihan suspected that a staffer at HEW had leaked the memo, and that HEW was responsible for leaking his authorship of the black family report five years earlier. (Decades later, Senator Moynihan would get some measure of revenge by having the Social Security Administration removed from HHS and made into an independent agency.) Although memos leak all the time, and the Leakers are rarely identified, The New Republic’sJohn Osbornereported in a March 1970 profile of Moynihan that Leon Panetta was a prime suspect in the leak.

How cool is it to have someone who suspected of leaking secret documents now ready to head up the CIA.

Hilda Solis: Labor Secretary (should not have been picked by Obama standards)

Hilda Solis was haven sent to Obama. She is one of the authors of the Card-Check Labor bill that she and Pelosi have been tying to get voted on since coming into power in 2004. Labor Unions are one of the major contributors to the campaigns of the Democrats.

What she forgot to tell the President was that she secretly was the non-paid treasure of the labor lobby group who has been funneling big money in their PACs, in other words she is another lobbyists that Obama said he would never have in his administration.

Comments in general

Remember, any Democrat bill that contains the words FREE or FAIR usually means the opposite.       

Obama certainly knows how to pick them, maybe it’s because of his own shady associations, and we will “PAY to PLAY” the price before the he ends the first two years of his first term.

Starting already with the new State Children's Health Insurance Program (SCHIP)

I knew there was a “Stupid University” in Washington now we know the Dean of Admissions. Obama signed into law on Feb. 4th 2009, a bill which will expand SCHIP to children in families of four earning up to $80,000 per year. The Congressional Budget Office reports that 77 percent of such children already have private health insurance. The cool thing is that it will be funded by raising the cigarette tax up to a dollar. Aren’t we trying to convince people not to smoke? How will we pay for this stupid bill if smoking is cut in half?

The National Bureau of Economic Research, economists Jonathan Gruber and Kosali Simon found that, as eligibility expands, "private insurance coverage is reduced by 60 percent as much as public insurance coverage rises." The CBO estimates that the reduction in private coverage is as much as 50 percent -- in other words, for every 100 children enrolled in SCHIP
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Thanks, But Why Thanks

 

I am sure the majority of the people who read the thank-you note from Chrysler, in the Wall Street Journal and other papers, thought how nice it was of them to do so.

Well let me say they spent  around $600,000 is doing so when they are in dire financial straits. This is as bad as the AIG management taking their company paid outing at a resort at $3000.00 a night at the taxpayer’s expense. However; this is more than spending our money.

If you think about the last poll I saw the American people were not in favor of taxpayer’s (85%) money going to the automakers, therefore the Democrat Congress could not get a veto proofed vote, this is their (automakers) and the UAW’s way of putting a knife in our gut and then twisting it.

What they really meant by the statement from Bob Nardelli
Chairman and CEO , Chrysler LLC “
The United States is home to 74% of our employees and over 3300 dealers in communities across this country. Of every dollar we spend, 78% is spent here at home. On behalf of the 1 million people who depend on Chrysler for their livelihoods, thank you for investing in Chrysler, and America”, that they are big enough and powerful enough, they can get what they want when they want it regardless of what the American people want.

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Bailouts = Socialism and a Dictatorship

 

It is time for the Taxpayer/Voters to take back our Country and we can do it by evaluating the type of elected officials we want and exercising our vote accordingly.

We elected our officials in South Carolina who were supposedly conservative Senators and Representatives to stand up for our South Carolina conservative principles. We now have a crisis, and they need to exercise these principles, by voting NO on this bridge/UAW bailout bill.

These loans, bailouts are not required to save the auto industry. What they would be doing by supporting them is give the UAW more time to spend the money on their outlandish benefits plan, and gain a stronger control, it will not change then status of the auto companies. The country can not afford these bailouts and more importantly the vast majority of the Americans do not want them approved.

Every time the liberal congress overrides the people we have gotten in deep trouble. In the last four years there has been a congress that seems to have put in place polices that are totally disconnected from what the people of our State and Country want. Why do you think this is happening? It can be said the Congress has and is being extorted. The Labor Unions are one of the major influencers along with Trial Lawyers Wall Street firms, and Environmentalist who control the way the Democrat party is ignoring the taxpayers. They are using their billions of dollars for campaign donations and demanding a return on their investment, they now have a strangle hold on the Congress.

This time it can not be said, if they vote for these massive bills, that they are doing it for the greater good of the country. This is for the greater good of the big money donor crowd. We, the taxpayers, have been taken out of the process altogether.  

Our forefathers did not come to this land to set up a government which was the same as the socialistic governments they left.

I don’t want any ownership in American Auto companies that can’t understand what to do when their tally sheets don’t look good and let themselves, over a ten year period, get into such a financial state that all of a sudden it’s either go to the taxpayers for money or go “Chapter 11”. I say let them go “Chapter 11”

What do the responsible taxpayers do when things get tough? They cut up credit cards, put off vacations and large purchases. Why aren’t the auto companies biting the bullet by laying- off workers, or cut back hours, or something novel like canceling those big bonuses, cut out the farm banks, and trim down the retirement and health benefits like other companies have done.

It appears to me that nobody, in Congress, has done the math on this and the other bailouts, that is the total they should be looking at. It will be in the Multi Trillions, and nobody alive today, will see these massive bills paid off. It will also be over 40% of our GNP, and my friends this is called Socialism. Hell, they even want an Auto Czar to dictate the use of the funds.

Dictatorship is now the next step for this Government if this bill does not get voted on or does not get passed if voted on. Even though some 78% of the taxpayers are against bailouts or government intervention of any kind the President, and treasury, will take some of the money already appropriated for the “financial sector”, (the $700 billion) which was voted and approved for that purpose, and bail the UAW out. This is an action that overrides the will of the people of a Democracy, and without a congressional vote of approval, which is specifically for this purpose, it constitutes a Dictatorship.

The Government of the United States of America, through the actions of the people that we elected, has committed monumental frauds right before our eyes. They did this by passing laws, approbation bills, and Earmarks favoring special interest groups that supported their reelection campaigns. They have imposed regulations without oversight on companies and institutions, then providing them with government guaranteed insurance covering their abuses.

We the people are the only ones that can put a stop to these types of abuses and the corruption we have been experiencing with this Congress and the last. The people have the power if you we want this to stop. Over the next two years we must evaluate our elected officials and the ones that have been holding this country back by accepting contributions from lobbing groups, special interest Political Action Committees (PAC) political fund raising organizations, or bundlers and earmarking funds for special interests in their State, vote them out of office.

Do you realize, there are elected officials in the Congress of the United States for 30, 40, and 50 years an have links and associations with all the groups mention above. They keep winning because they accumulate massive donations for their reelection campaigns, from all over, and turn loose the money power of the PACs, and other online political organizations, that spend money on radio and television advertising.

The Senators and the House Representatives only represent the people of their State or Congressional District and only the people of that State or District can vote for them. Donations for their campaigns should only come from individuals of the State and the District and not from local special interest groups such as Realtor organizations or local Labor and not from the parties national committees (DNC or RNC),or PACs of any type. These outside interests are what corrupt our election process. Just look at what happen in Alabama, if it weren’t for the determined people of that State ignoring the thousands of TV and Radio advertisings of these outside groups which spent Millions of dollars on, they wouldn’t have gotten the Senator elected that they wanted.    

We as taxpayers and voters should draw a line in the sand decide the number of terms an elected official should serve. In my opinion Senators should serve no more than three terms (18yrs) and the House Representatives no more than four terms (8yrs).

Terms limits for Congress will never become law because the Congress would have to approve a law requiring it.  So we the voters must do it when we vote. Remember, no matter how good you think the people are when you first elect them, the longer they stay in office, the more they will stink.         

   

                                                                                                 

 

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The Powell Initiative


 

The Powell Initiative

Sorry I could not let this pass

I was wondering why Colin Powell did not endorse Obama sooner rather than now.

Well in my opinion he did it for two reasons, both have a common denominator which can only be “Race”.

Colin Powell was a man who got where he was because, by his own admission, of Affirmative Action. He is now against the “Bail-Out” which would help Blacks stay in their homes that they couldn’t afford in the first place.

He was promoted by at least three Presidents over offerings that were way more qualified than him and under extreme pressure for the Black community finally backed the first Black Candidate for President. He now says if Race was the reason he would have done it sooner. He said that McCain’s selection of V.P and Joe the Plummer were the mitigating factors.

We all know that Sarah Palin has a lot more experience than either Obama or Biden in all of the governmental issues this country is facing and certainly has the ability getting things done as far as cleaning out corruption in what ever party it raises its ugly head.

Joe the Plummer hit the nail right on the head and he, Powell, saw the campaign for the first Black President going down the sewer.  

Colin Powell is the man that sat in front of his Nation and the United Nations and making the case to invade Iraq. This is the man who was head of the Joint Chiefs during the first Iraq war, in defense of Kawate, knowing that they weren’t going to cut off the snake’s head which he said they should have done in Viet Nam.

After the decision was made to go to war with Iraq, John McCain was one of the only members of congress who pressed for a bigger invasion force, than was planned which Powell also agreed with but didn’t happen. He even said “if we break it we have to fix it”.

Colin Powell had no bigger supporter than McCain so if he was against the Iraq War why didn’t he resign in a “show” that would have most likely made the powers to be take notice. I know if McCain was in that position at that time he would have put country first, and resigned and told the Country why.

You would have to be a blooming idiot to believe that Sarah and Joe were the main reasons for the endorsement at this time.

Now all of a sudden Powell feels that Obama is getting hit with unfounded racist and religious remarks and he recites a story of an American Soldier, who just happens to be a Muslim by birth. Buy virtue of the story, the Father of the solder would not tell his son he was going to fight against his own religion. Ok, if son did not know he was going to fight Muslims it should be oblivious to everybody that the soldier, or for that matter the Father were not a practicing Muslims. Maybe the Soldier was just an American and was putting his Country first.

Is Colin Powell putting his “Country” first or is he putting his ”Race” first? Powell is seeing the race for President getting tighter and the Black candidate could lose this thing. That’s the reason he jumped in, thinking he would make the difference. It may well do just that because now the Black Community may look at him as “Black” and not the Uncle Tom, he was called by them, when he was the Secretary of State under the “White Bush”.

This is truly the real “Amazing Race”.

 
After looking at the short film on U-Tube you will understand why people are a little jumpy.



Subj: Fw: October Surprise!!! BYEBYE OBAMA!!

GET THIS ONE OUT THERE FAST!!  BEFORE IT GOES MISSING OFF=2 0YOUTUBE.  YOU WILL NOT HEAR THIS ON ANY OF THE NEWS CHANNELS!!  IF YOU CAN'T CLICK ON THE LINK, COPY AND PASTE IT INTO YOUR BROWSER!! 

DON'T LET THIS ONE GET AWAY!!  WATCH IT AND FORWARD IT.  SEND IT TO EVERYBODY.

http://www.youtube.com/watch?v=xyspCRmJv7w
 
Here are some more interesting links:
 
 

RECORD VS. RHETORIC BY THOMAS SOWELL

http://www.realclearpolitics.com/articles/2008/10/record_vs_rhetoric.html
October 18, 2008


http://www.signonsandiego.com/uniontrib/20081018/news_lz1ed18middle.html

The San Diego Union-Tribune
UNION-TRIBUNE EDITORIAL
A genuine threat

ACORN targets a weakness in democracy

October 18, 2008

 
 
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The Man Who Could Become Presient

 

Sitting at home, drinking some homemade coffee, and watching the political polling results I fail to understand why Obama’s pole numbers are surging ahead of McCain. I guess the mantra of a Bush forth term has resonated with the people. Some how they think the McCain will carry on the torch of the Bush admistration. I think the people should be scared of another two years of a Democrat Congressional majority, and one with the possibility of being a veto proof majority, led by Nancy Pelosi and Harry Reid.

I know the Republicans deserved what they got in 2006. Many of the morally incestuous and lobbyist loving spenders were asked to leave or voted out of office for the same reasoning.

So now we look to the future, perhaps of the Republicans losing the Oval Office, and being taken over by a person who has just about all of the characteristics mention above even before being elected and who’s mantra is “Change or will it Cambiare maybe both”.

First if anything I say sounds raciest, just remember Obama is just as “White as he is Black”. 

First I want to direct you to a, Democrat and Republican Party and Presidential Candidate comparison done by the National Black Republican Association.  Take the little test.

Print and distribute our Candidate Comparison Newsletter to family, friends and associates, so they can learn the truth about Obama who does not have the character or judgment to be our president. 

http://www.trustedpartner.com/docs/library/000143/NBRA%20Newsletter.pdf

Democrat Racism has been prevalent throughout this whole campaign and it got really bazaar after a rally because Sarah Palin was wearing a white jacket. Democrat supporters said the Republicans are sending out coded messages of KKK meanings by wearing that white jacket and she might as well put on a white hood. One Obama supporter gave her the title of KKK Grand Princess.

Let’s talk about some real issues: You heard Obama talk many times about some of McCain’s campaign staff being former lobbyist. But he hired them because of their expertise in their specialized fields in both the private and public sectors. And you should also know the Senator McCain has never requested one Earmark the whole time he ahs been in Congress. Obama on the other hand has gotten 1 million dollars of Earmarked money for every day he has been active in the Senate, including voting for the bill that contained the money for the bridge to nowhere.

Another interesting tidbit is that Obama’s wife received a very large salary increase when Obama became Senator. Guess what was included in that same bill as the bridge to nowhere? 1 Million Dollars for the University of Chicago where Michelle Obama worked.

Earmarks are not illegal but they are not constitutional in the way they are introduced into already passed committee funding bills that are certain to pass a full floor vote. In most cases the earmarks, which are monies set aside for members of a particular Congressional District, were used as a bribes to get a Congressional Representative and or Senator to vote for the larger bill. Obama is the Earmark King of the Congress.

Obama was mentored by the methods of Saul Alinsky who was a Communist activist and in turn Obama supported radical activities, with millions of dollars while he was on the Boards of various foundations. Obama taught the members ACORN the radical methods of intimidating Banks to issue loans to people with no income or visible means of support because they were guaranteed by the federal government agencies, Fanny and Freddie, as well as the current Voter Fraud debacle.

The Alinsky extreme radical left belief is that class warfare is the only war worth fighting and that in order to win it the ends always justify the means, any means.                  

I am sure you have heard about the relationship with the bomber Bill Ayers by now. Just think if McCain had a friendship with somebody who bombed an abortion clinic, all hell would break lose.  

So we are near the end of this election cycle. I have sent at least a hundred faxes to Congress, twice as many E-Mails, about 25 letters to individual S.C. Congressional members on many different subjects and started this BLOG stating my views on many different subjects.

I am now going to wait for the outcome of this election and start reading some history books and novels that have been stacking up for the past year. I will wait and see if the new admistration is any better the last and then pick up the Computer and start all over again around the next Presidential election.

I’m sure I will have something to say now and again and I will send you an alert. Please send me your interesting tidbits, my e-mail will always be checked daily.

                                                Thanks for your support and encouragement,

                                                                        Jack      

 

                  

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Biden Palin Debate

 
Joe Biden Needs A Mental Evaluation:
 

I see why John McCain felt sorry for Joe Biden after the debate with Sarah Palin. Joe was playing typical old time politics which he was able to do in his 28 years in the Senate. A major news outlet even call him “A Master Gasbag”

He was totally lost for words or taken by surprise with Gov. Sarah Palin’s style when answering questions. As far as Sarah was concerned Biden was not even in the room and she went directly to the listeners.

Senator Biden had to come up with something to get the attention directed back to him. The approach he took was one of total stupidity and in my opinion old politics, when the people had no way to verify the truth of what politicos say without scurrying to the library and look it up in an encyclopedia.

Two of the statements the Senator made, which I could not believe, a Senator sitting for as long as he, showed such lack knowledge:

  1. After Gov. Palin said she couldn’t wait to sit in the Senate as President and work along with that body. Senator Biden said the only function a Vice President has is to vote when there was a tie.

The Constitution of the United States specifically says “The Vice President of the United States shall be President of the Senate, but shall have no vote, unless they be equally divided.”

It also states that “the Senate shall chuse (chose) their Officers, and also a President pro-tempore, in the absence of the Vice President, or when he (she) shall exercise the Office of the President of the United States.”

Nowhere does the Constitution state what Senator Biden said. It points out that the Senate always has the Vice President or Pro-tempore, and in fact it is the V.P’s most important role, sitting at all times and therefore participating in the Senate’s affairs, unless there is a Senate ruling that says something different I know nothing about.

  1. The other is his dumb statement about Lebanon, when he said:

When we kicked – along with France, we kicked Hezbollah out of Lebanon, I said and Barack said, ‘Move NATO forces in there. Fill the vacuum, because if you don’t know--- if you don’t, Hezbollah will control it.’

“Now what’s happened? Hezbollah is a legitimate part of the government in the country immediately to the north of Israel.” 

 

All those years in the Senate and he has, not only has no understanding of the Constitution but of history. First Lebanon is not part of NATO and they were not attacked by any foreign country nor did they attack any foreign country.

I have no idea what he was talking about, we never forced Hezbollah from Lebanon, maybe the French did, and if so it would have had been done recently, since Obama hasn’t been in the Senate that long. As a matter of fact Hezbollah is still there filling their own vacuum.

I hope the Senator was not talking about the murderous attack of 261 Marines in Oct. 1983 leading to the withdrawal of U.S. Troops, if so, Obama was only 22 years old, and no French Troops were involved.

Could he have meant Syria’s departure from Lebanon in 2002 and 2003, again to my knowledge there were no French troops helping them with that either. They may have been part of some U.N. Peace Keeping force.

I have a feeling Senator Biden’s mouth goes faster than his brain, which again is the old politics when things didn’t get a fact check.

In that Debate he said many things that were not true or stretched some of which follows and researched by Amanda Carpenter of Townhall.com:


1. AHMEDINIJAD MEETING: Joe Biden lied when he said that Barack Obama never said that he would sit down unconditionally with Mahmoud Ahmedinijad of Iran. Barack Obama did say specifically, and Joe Biden attacked him for it during the primary.

2. OFFSHORE OIL DRILLING: Biden said, “Drill we must.” But Biden has opposed offshore drilling and even compared offshore drilling to “raping” the Outer Continental Shelf.”

3. TROOP FUNDING: Joe Biden lied when he indicated that John McCain and Barack Obama voted the same way against funding the troops in the field. John McCain opposed a bill that included a timeline with an end date, (guess he never played football) that the President of the United States had already said he would veto regardless of its passage.

4. OPPOSING CLEAN COAL: Biden says he’s always been for clean coal, but he just told a voter that he is against clean coal and any new coal plants in America and has a record of voting against clean coal and coal in the U.S. Senate.


5. HEALTH INSURANCE: Biden falsely said McCain will raise taxes on people's health insurance coverage -- they get a tax credit to offset any tax hike. Independent fact checkers have confirmed this attack is false

6. OIL TAXES: Biden falsely said Palin supported a windfall profits tax in Alaska -- she reformed the state tax and revenue system, it's not a windfall profits tax. (The State of Alaska owns all natural resources and the reform calls for a tax based on the price per barrel or per pound depending on what resource was extracted from the State and given directly to the taxpayers in the form of a check.)  


7. REGULATION: Biden falsely said McCain weakened regulation -- he actually called for more regulation on Fannie and Freddie.

8. IRAQ: When Joe Biden lied when he said that John McCain was “dead wrong on Iraq”, because Joe Biden shared the same vote to authorize the war and differed on the surge strategy where John McCain has been proven right.

I think Senator Biden should be checked for chronic cognitive and intellectual deterioration. Please Joe, have it done now because you could be the Vice President of the United States and a heartbeat away from being President.

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