Obama Votes “Present” On Mortgage Reform
By Ani on October 17, 2008 at 6:15 AM in Barack Obama, Bill Clinton, Current Affairs, Economy, Franklin Raines, John McCain
In the Wall St. Journal,, Peter J. Wallison, a senior fellow at the American Enterprise Institute, argues that Senator Obama voted “Present” on mortgage reform when it counted:
In each of the first two presidential debates, Barack Obama claimed that “Republican deregulation” is responsible for the financial crisis. Most viewers probably accepted this idea, especially because Republicans generally do favor deregulation.
But one essential fact was missing from the senator’s narrative: While there has been significant deregulation in the U.S. economy during the last 30 years, none of it has occurred in the financial sector…
If Sen. Obama had been asked for an example of “Republican deregulation,” he would probably have cited the Gramm-Leach-Bliley Act of 1999 (GLBA), which has become a popular target for Democrats searching for something to pin on the GOP. This is puzzling. The bill’s key sponsors were indeed Republicans, but the bill was supported by the Clinton administration and signed by President Clinton. The GLBA’s “repeal” of a portion of the Glass-Steagall Act of 1933 is said to have somehow contributed to the current financial meltdown. Nonsense.
Adopted early in the New Deal, the Glass-Steagall Act separated investment and commercial banking. It prohibited commercial banks from underwriting or dealing in securities, and from affiliating with firms that engaged principally in that business. The GLBA repealed only the second of these provisions, allowing banks and securities firms to be affiliated under the same holding company. Thus J.P. Morgan Chase was able to acquire Bear Stearns, and Bank of America could acquire Merrill Lynch. Nevertheless, banks themselves were and still are prohibited from underwriting or dealing in securities.
Our resident economics expert, LD* agrees:
The repeal of Glass-Steagall (GLBA) is a total non-event in the midst of the current economic turmoil. What this repeal did was allow commercial banks to get more deeply involved with investment banking activities. Thus, JP Morgan, Citigroup, Bank of America were able to utilize their significant balance sheets and capital bases to become a force on Wall St. Fast forward ten years and it is those institutions that are now thankfully supporting and bailing out our system.
I asked Mr. Doyle to elaborate, to help make sense of the current situation regarding Fannie Mae and Freddie Mac (“F/F”). This also serves to clarify Senator Obama’s ‘non-role’ in working to get us out of this mess and makes clear that John McCain actually stood up when he said he did:
Throughout the 90s and into the early part of this century, F/F were utilizing their significant lobbying power to gain an ever increasing portion of the overall U.S. mortgage market. They had the enormous advantage of being able to borrow at just marginally over U.S, government rates given the “implied” but not explicit backing of Uncle Sam. I mean come on that worst case scenario could never come to pass!!
While F/F were designed to provide liquidity to the market in the form of bundling mortgages into securities, charging a guarantee fee for return of principal to the investors in these Mortgage Backed Securities (“MBS”), and then selling the MBS into the private market, they decided to take a different path. What path was that? Given their ability to borrow at very cheap rates they decided to effectively grow their own internal portfolios. This business model was nothing more than a massively levered hedge fund under the guise of “helping the homeowner”.
In order to grow these portfolios, though, they needed more mortgages. Thus they went directly to the mortgage originators and worked with them to increase the mortgage terms and types that they would buy.
As Freddie and Fannie were executing this strategy, there were 3 groups that stood up and said that this activity was getting out of control. Who were they?? On Capitol Hill, Senator Richard Baker (R-LA) carried the torch. There were actually a number of large banks including Chase and Citi that formed a group called FM Watch that complained that Freddie and Fannie were taking market share from them in their own mortgage origination business. This group was conflicted because the investment banking arms of these institutions were pressured by Freddie and Fannie to quell their complaints or they would refrain from doing business with them. Lastly, the Wall St. Journal was vociferous in their complaints that these entities were getting out of control. Freddie and Fannie responded that they were merely trying to fulfill their mission of providing affordable rates to potential homeowners.
Well how was the impact of Freddie and Fannie on the overall mortgage rates that passed through to the consumer? A number of private studies put the “benefit” of Freddie and Fannie to the American homeowner at between 2 and 4 basis points. In layman’s terms, if a homeowner would have gotten a 6.75% rate then having Fannie/Freddie on the scene helped them get a 6.72% rate.
Now wait a minute, you mean the system was taking all that risk and F/F grew their internal “hedge fund” portfolios of north of 1.5 trillion for a benefit of 3bps. How does that work? Well, the benefits accrued to the shareholders and the executives including Franklin Raines and Jim Johnson.
And as we know, these two gentlemen have been linked to Barack Obama. More good judgment?
As this scenario played out, Senator Baker and then Senator McCain and other Republicans started to get up in arms about the enormous “systemic” risk that was developing. To be fair, Freddie Mac did work to root out the most egregious “predatory lending” that had been undertaken. That said, Freddie was the buyer of the bulk of sub-prime product in the market and without their bid the “overly aggressive” lending would not have taken place to the extent that it did. Fannie was the buyer primarily of Alt-A product which included a lot of the loans without full documentation.
Both F/F were effectively cooking their books. Freddie actually made more money than they were reporting (putting revenue away for future years) while Fannie had truly pathetic risk management and grossly overstated earnings. Both firms reporting of earnings were totally driven by “maximizing” executive bonus packages. Very simply, heads I win, tails you (meaning Uncle Sam and taxpayers) LOSE!!
Even in the midst of this, while Baker, McCain, the WSJ and others were railing on how these agencies were managed, regrettably the necessary regulations and oversights never got out of committee because the Democrats, primarily Sen. Chris Dodd, Sen. Chuck Schumer, and Rep. Barney Frank crushed it.
At this juncture, Barack Obama votes present. He was not willing to stand up to his party because he was in bed with Fannie/Freddie and was well on his way to being the second greatest beneficiary of their largesse only after Chris Dodd. To think that this crowd is now going to hold hearings to “review” this crisis is akin to the “inmates running the asylum!!
While Franklin Raines, Jim Johnson, and Tim Howard were ushered out at Fannie and Leland Brendsel was pushed out at Freddie there were no real dramatic changes. Their regulator OFHEO was given some greater oversights but F/F knew that they had their “friends on the Hill” in their back pocket to stymie real regulation.
The American homeowner got their 3bps but is now stuck with a multiple hundred billion dollar price tag along with the price of the systemic risk that went along with it.
One may ask, why did this happen at F/F and not Ginnie Mae? Well, Ginnie does not run a big internal hedge fund and merely bundles FHA and VA insured mortgages, takes a guarantee fee for return of principal to the investor and then lets the securities go into the private market. It works just fine.
Mr. Wallison of WSJ concurs:
Allowing banks and securities firms to affiliate under the same holding company has had no effect on the current financial crisis. None of the investment banks that have gotten into trouble — Bear, Lehman, Merrill, Goldman or Morgan Stanley — were affiliated with commercial banks. And none of the banks that have major securities affiliates — Citibank, Bank of America, and J.P. Morgan Chase, to name a few — are among the banks that have thus far encountered serious financial problems. Indeed, the ability of these banks to diversify into non-banking activities has been a source of their strength.
Most important, the banks that have succumbed to financial problems — Wachovia, Washington Mutual and IndyMac, among others — got into trouble by investing in bad mortgages or mortgage-backed securities, not because of the securities activities of an affiliated securities firm. Federal Reserve regulations significantly restrict transactions between banks and their affiliates.
Most significantly,
[O]n the matter of deregulation and the financial crisis, Sen. Obama should consider his own complicity in the failure of Congress to adopt legislation that might have prevented the subprime meltdown.
In the summer of 2005, a bill emerged from the Senate Banking Committee that considerably tightened regulations on Fannie and Freddie, including controls over their capital and their ability to hold portfolios of mortgages or mortgage-backed securities. All the Republicans voted for the bill in committee; all the Democrats voted against it. To get the bill to a vote in the Senate, a few Democratic votes were necessary to limit debate. This was a time for the leadership Sen. Obama says he can offer, but neither he nor any other Democrat stepped forward.
Instead, by his own account, Mr. Obama wrote a letter to the Treasury Secretary, allegedly putting himself on record that subprime loans were dangerous and had to be dealt with. This is revealing; if true, it indicates Sen. Obama knew there was a problem with subprime lending — but was unwilling to confront his own party by pressing for legislation to control it.
As a demonstration of character and leadership capacity, it bears a strong resemblance to something else in Sen. Obama’s past: voting present.
Once again Senator Obama uses an effective sound bite in the debates without the facts to back it up. We have seen consistently that Rep. Barney Frank, Senator Chris Dodd, Rep. Maxine Waters, et al, were shouting that no tighter regulations were needed.
Since Obama seems so eager to promise he will build consensus and reach across the aisle, and that Republicans are the party of good ideas – where was his leadership when we needed him? What has he done to show anyone that he has the spine and willingness to make the tough decisions or take a stand? Or the knowledge to lead this nation in a crisis such as the ones we now face both at home and abroad?
Senator Obama once again votes “present.”
Both Mr. Wallison and Mr. Doyle called this one exactly right.
[*LD was an institutional trader of mortgage securities at First Boston and Bear Stearns for 15 yrs in the ’80s and ’90s and then was the national sales manager for mortgage products at JP Morgan Chase from 2000-2006. He is currently a private investor and involved in a variety of not-for-profit activities.]
(Release: November 13)
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I would not worry to much about Obama. If he was so confident that he is going to win then why are they spending all their time in PA. He suppose to be up by 12 points there. He went to NH. Why would he go there. Is he not way ahead in the polls there as well. Something fishy is going on here and McCain is working it beautifully. He attacks just enough to keep his base happy and takes the heigh road on just about everything else. He actually wants to get something done for this country and that is very hard to do if you destroy the guy from the other party.
that’s a great analysis. While many have questioned McCain’s strategy, I felt that he and his campaign had something up their sleeve.
Hmmmm…Hope MacDaddy’s team has read this…Aaaand they use it…
http://globallabor.blogspot.com/2008/10/1964-redux-will-financial-crisis-lead.html
Actually these are better analyses than this. Deregulation did play a role – a big one. In 2004 the SEC was convinced by the big investment banks, after only a 55 minute meeting, to drop the requirement that they hold a specified ratio of capital to debt. The media did not even bother to report on this drastic, risky change. The financial wizards at Bear Stearns then went to a 33 to 1 debt to capital ratio – basically lending everything they had. It is no coincidence that they were the first to melt down:
http://www.nytimes.com/2008/10/03/business/03sec.html?em=&pagewanted=print
And while Fannie and Freddie should have been better controlled THEY DID NOT CAUSE THIS MESS, private banks and other financial institutions did. (Even Jack Welch has said this and he is no fan of Fannie and Freddie.)
http://www.mcclatchydc.com/251/v-print/story/53802.html
(I trust McClatchy more than most. After all they were the only major print newspaper outlet to get the prewar WMD story. These guys still practice journalism.
Bernie…..You are somewhat correct about the SEC. The fact is they did not PERFORM and did not properly monitor the investment banks’ balance sheets. I view that as performance not deregulation. Former SEC chair Arthur levitt concurs.
In regard to who and how to direct blame. F/F was the hub and many spokes came out from there. Those spokes included 1. mortgage originators 2. rating agencies 3. investment banks. Without F/F and their leverage though the originators would not have been able to “push” these products to the extent they did. The rating agencies were largely incompetent but were necessary to rate the structured deals that the street punped out. The IBs sold a LOT of paper into F/F and then also pumped out CDOs like there was no tomorrow. The equity (first loss) piece oftentimes went overseas, the subordinated classes went into insurance companies, the senior classes went to banks and money managers and the IBs retained what were known as the super senior classes (AAA+). Those classes were priced at Libor + 10 on average. These were the bonds that the street put on in SIZE. The IBs viewed them as virtually no risk but these are the bonds that have taken them all down. Lesson learned. As much as you think you can make chicken salad from chicken s**t, you can’t. Garbage in ….garbage out.
No one has ever said that investment banks don’t share the blame – there’s plenty blame to go around. But what is true, and what McClatchy distorts, is F/F held a monumental share of the risk and by having such an enormous share of the risk they put the whole credit market at risk. And what is also true, is Democrats (and I am a Democrat – or used to be), ignored that risk and are now running around blaming everyone else for this crisis and not taking responsibility for their role.
And that’s troubling on many levels.
At two campaign stops in New Hampshire Biden “crowds” averaged 600 people, Sarah shows up in the same area and draws crowds averaging 3500 people. This is not uncommon, her average per event is in excess of 8000 people. Old Democrats, Conservatives and Independents identify with her and show up to listen to what she has to say and they come away impressed. Many, myself included, are less than thrilled with McCain but are willing to take him to get her. When elected, she’s going to be a hands on, get involved vice-president that learns the office of the Presidency. OJT? Definitely, but when you find an exceptional candidate for any job you hire them and allow them the time to learn the position. She’ll make a very good VP and an even better President.
Is Bambi worried? He should be. Joe the plumber came out of the woodwork and slapped him up side his head with a plunger, exposing for all to see that Bambi is a socialist and intends to kill the “American dream”. The “Joe six packs” of the country have heard Joe and seen the attacks on him by the Obama Thugocracy and do not like it!
I would love to see her show up in Michigan – hah! So the folks there that they are not forgotten and maybe make a play for the state. I was surprised they pulled out of there and I heard her say she was suprised too and wanted to go back with Todd to give it a shot. I love her for he never give up style.
I heard this morning that Michelle Obama was staying at the Waldorf Astoria (wonder if this is why Barry made the pseudo joke about it last night) and ran up a huge room service bill. On caviar and lobster. Yeah – they are just normal folks like you and I. Guess they have lots of illegal campaign money to spend since it appears the gig is up on ACORN.
Also wanted to add that some of the McCain signs in my neighborhood in Philly burbs have been stolen. There was one big sign where you could clearly see the slice marks from where the sign was and the poles that remain. Another yard sign was stolen and coincidently enough, a few more blocks up the road and spanking new handmade Obama sign popped up. The Bots are too cheap to buy their own signs (read Barry doesn’t give them away) so they have to steal someone’s McCain sign to make an Obama sign. Another example of sharing the wealth, I guess.
http://www.myfoxorlando.com/myfox/pages/News/Politics/Detail;jsessionid=6EA8C62AC543C2A177C32B0029F539A7?contentId=7664724&version=7&locale=EN-US&layoutCode=TSTY&pageId=3.14.1&sflg=1
7th grader called a racist because of her McCain Palin shirt
my 7th grade daughter & her friend were called racists yesterday for supporting McCain. The other kids were Obama supporters, and the two sides were debating the two candidates on a bus to a x-country run! (should i call FOX?!)
my daughter (an over-the-shoulder-NQ reader)was able to say: no, i supported clinton, but when she “lost” & decided obama just wasn’t experienced enough. plus he smokes! plus, are you sure he’s even eligible?
excellent post and very informative. More good talking points to pass along to others as well. Unfortunately this is very likely over the heads of those who would benefit most from knowing this information. Facts are a distraction to Obama supporters.
Isn’t that the truth. Obama supporters can’t be bothered with facts. It’s astonishing how far out of their way they go to preserve their ignorance of the facts.
I agree except for this. JMc could make an excellent 30-second ad by highlighting the snippet from the debate, in which BO said he wrote a letter to Paulson warning about this mess; at the same time he ‘voted’ along wiht his fellow Democrats to stifle oversight of the rogue GSE’s. In fact, during this last debate, JMc made good points listing those times that BO in a lower forum expressed one opinion; but then, when the rubber met the road, for example, in a floor vote or the like, he chickened out.
Xcellent Ani…You Rock!
Mundus vult decepi…
The world wants to be deceived…
Oblahma luvs hedge funds….
Barack Obama, Hedge-fund Candidate
Clay Risen – The New Republic
May 11, 2007
Excerpt –
http://www.tnr.com/doc.mhtml?i=w070507&s=risen051107
But, even as Obama plays the people’s choice by building his war chest in two- and three-figure increments, he is also relying on a growing cadre of young, eye-poppingly rich hedge-fund and private-equity managers to keep him at the head of the money primary.
During the first quarter he nearly doubled Clinton’s take from private-equity firms–$85,350 against $47,900, according to the magazine Private Equity Hub–and, with $479,209, he placed first among candidates from both parties in giving from investment banks, many of which run their own hedge funds and private-equity operations (Rudy Giuliani, the runner-up, got $473,442).
These stars–what New York magazine calls the “baby bundlers”–are helping Obama tap into Wall Street’s fabulously rich elite. His most recent catch is the relatively gray-haired Paul Tudor Jones II (he’s 53). Head of the $15 billion Tudor Management hedge fund, Jones is holding a 500-guest event for the candidate at his Greenwich, Connecticut, mansion later this month.
The event will mark Obama’s entry into the hedge-fund winners’ circle: Greenwich, the toniest of New York exurbs, is home to more than 100 hedge funds–and, as one observer told the Financial Times, “The whole of Greenwich is backing Obama.”
http://atlasshrugs2000.typepad.com/atlas_shrugs/2008/10/felonious-junk.html
this on felons voting…
C2008/10/16/voting-experts-bobby-kennedy-and-greg-palast-on-how-to-steal-back-your-vote/
this on stealing back your vote…I like the comic book cover m’self…
http://truthisgold.blogspot.com/2008/10/knee-deep-in-creeps.html
Good follow up to Ani’s article…
Democrats are already preparing to accuse GOP of vote stealing this election…hmmmm…After ACORN and the Democratic primary hornswaggle…they are doin this with a straight face?
YOU’RE KIDDING RIGHT?? They are going to try to accuse Republicans of vote stealing?? OMG….
No i’m not kidding…lol…sputter and a guffaw!….check out the commik book by Comrade Kennedy and Comrade Palast…Rolling Stone has it…
http://themountainsage.wordpress.com/
I got it off Mountain sage blog…Funny huh?…sheeesh!
That’s like Camp Obama screaming “racism” every other day, while they are the ones race baiting.
Frauds. Absolute lying frauds.
Like the republicans have never stolen votes before, eh?
They have been working on this project for a long time….Palast started after the 2000 election.
Do you really believe the Republicans have turned over a new leaf?
BOTH sides are trying to skew the vote…the Democrats and ACORN with fraud and the Republicans with voter caging and voter suppression.
Yes Obama is the Hedge Fund Candidate, their hedge against any real meaningful reform of Wall Street and the IMF looting system. This is why at the top of the list is Goldman Sachs and top hedge fund pirate George Soros who grew his vampire’s teeth working with the Nazi’s.
Soros and his Open Society use the same methods as the Nazi, choreographed mass movements with impelling visual reinforcement, as swastika’s turn into O’s, plenty propagandistic slogans,change & hope, along with a new twist on racial identification that now takes on a politically correct cover as Obama becomes the new Uber-man put forth by the gods (hedge funds & Wall Street & MSNBC, etc) such that a reverse racism can be used to help steal the election.
The key is that the wealth will not be spread around, but it will be stolen from hard working Americans and it will be funneled to Wall Street.
Obviously, media corporations and their Wall Street sponsors have promoted Obama 24/7 because they want corporate and capital gains taxes to increase.
ha!
I’d give Obama to Feb. to announce his “new” tax policy – “we just have no other choice” – everyone taxed with incomes under $50K.
lol
http://hillbuzz.wordpress.com/
So the best part of this article is the title…
” It’s Friday and Obama is lying about taxes again…in other news water’s wet…”…lol…check it out
Strategy Idea
It is not that Obama just be President, it is that Pelosi, Reed, Dodd, Barney Frank, Leahy will have unprecedented power to continue to do the dirty workd for the Hedge Funds. That is what really needs to scare the hell out of people, because these people are traitors, who went right along with Bush for 8 years.
They, Democrats, bought the 9/11 big lie, used to cover up the fact that Wall Street was going to crash in the fall of 2001 or in 2002 due to the same derivatives crisis that we are now in. Competent analysts saw this crash coming and warned of a Reichstag fire event to usher martial law conditions in the USA, the Patriot Act I & II, military Commissions Act, etc to then go to unending war in Asia for forced Keynsian spending that the Democrats and Republicans, except for a few like Ron Paul, went for.
Ron Paul though knew that 9/11 attacks were an inside job as he directly told former Senate Candidate from Vermont Craig Hill. Paul knew the blackmail threat to shut up (the Anthrax letters)
This is why Leahy shut down the 603 impeachment drive in Vermont. To protect his own ass and not uphold his Oath of office.
Now the Democrats hope their ‘boy’ Obama wins, and then he will have all the powers of Bush-(wire tapping, executive orders for martial law, signing statements, etc) to put forth his new world order
socialist wealth redistribution plans, a commie/fascist dictat that will utterly destroy the USA and any hope for progress and freedom in the world.
This is off topic. But this will give you a good indication how Obama used ACORN to steal the primaries.
http://caucuscheating.blogspot.com/
I have no doubt that it was Acorn that corrupted the caucuses. Those of us who were there on the ground helping HRC saw it first hand. They came in, and lied, cheated and stole delegates; corrupting the entire democratic process as they did so. They were well trained, organized, militant and aggressive. They knew what they were doing.
I also suspect, that if someone took the time to investigate, they would find that Acorn = NOI (Nation of Islam).
That’s why they received that $825,000.000 payment by Barry.
…they delivered for the primary.
Make that last initial an “A”
Nation of A******s.
The war on Joe the Plumber is the war on us, the not-for-Obama voters
http://edgeoforever.wordpress.com/2008/10/17/the-war-on-voters/
http://hillbuzz.wordpress.com/2008/10/17/democrats-hate-the-middle-class/
Yeah…We got that message during the primary hornswaggle…from Commissar Donna Brazeal…and Comrade Dean the UberPutz…
Making fun of ordinary Americans because they speak their mind is not a very smart thing to do. This guy is genuine article. He reminds me of my brother. My brother spent 15 year building up his business and he still works 60 to 70 hours a week. This will not go over well with the public. Is one thing attacking Gov. Palin but is a a whole different story trying to tare down someone who is not even in public office just because he spoke his mind.
This week will be turning point in this campaign. It will be known for ever as the day the democrats and the MSM turned on America.
You. Are. Right!
This weekend I am going to put a toilet plunger upside down (the big O at the end of the plunger is reminiscent of the big Zero Obama) and put a sign next to it that says “Joe the Plumber for Freedom – NOBAMA!”
HOORAY! UNCLOG GOVERNMENT WASTE NOW!!!
You. Are. Right!
This weekend I am going to put a toilet plunger upside down in my lawn (the big O at the end of the plunger is reminiscent of the big Zero Obama) and put a sign next to it that says “Joe the Plumber for Freedom – NOBAMA!”
I agree and we need to get Joe’s plight out there to all the people. I made 1000 leaflets with the story of what the Obamanites and MSM are doing to Joe.
It isn’t much but I think it will make a difference here in Virginia.
Enroned:
Making a market
Goldman’s mortgage department underwrote collateralized debt obligations, or CDOs, complex securities created from pools of subprime mortgages and other debt. When those securities plunged in value this year, Goldman’s customers suffered major losses, as did units within Goldman itself, due to their CDO holdings.
The question now being raised: Why did Goldman continue to peddle CDOs to customers early this year while its own traders were betting that CDO values would fall? A spokesman for Goldman Sachs declined to comment on the issue.
articles.moneycentral.msn.com/Investing/Extra/HowGoldmanProfitedFromSubprimeMeltdown.aspx
Obama interviewed by Brokaw at private Goldman Sachs dinner last year.
WASHINGTON–On May 3, 2007, Barack Obama attended an event at the Museum of Modern Art in Manhattan that was not on his public schedule and is only now surfacing–a private dinner for Goldman Sachs traders with a discussion on issues moderated for the Wall Street firm by NBC’s Tom Brokaw.
Brokaw is the moderator of Tuesday’s second presidential debate between Obama and John McCain at Belmont University in Nashville, Tenn.
…
The employees of Goldman Sachs collectively would go on to become the top contributors to the Obama campaign.
Bundled together, by Sept. 28, 2008, the latest figures available, Goldman Sachs members or their families contributed $739,521 to Obama, making the firm number one source of donors to the Obama campaign, according to the Center for Responsive Politics. To be clear–Goldman Sachs did not make any contributions (that’s not allowed by federal law)– the money was from individuals connected to the firm. The CRP analysis is of contributions of $200 and more.
The sum does not include money raised by two major Obama fund-raisers: Bruce Heyman, an executive at the firm and James Johnson, a Goldman Sachs board member and former chairman and CEO of Fannie Mae, the failed mortgage giant in the news because of the subprime mortgage crisis that led to the economic collapse.
blogs.suntimes.com/sweet/2008/10/obama_interviewed_by_brokaw_at.html
While Goldman Sachs, whose employees as a group were one of obama’s largest contributors, were busy cheating investors presidential candidate obama was at a private dinner being interviewed by the same guy that would moderate the second debate.
As far as I can find none of this was ever mentioned by the national “liberal media.” Disgusting.
Headlines on Drudge to preserve for all posterity:
I`m so mad I could spit.
This what your campaign has become?
Obama….you disgust me!!!
http://hotair.com/archives/2008/10/17/obama-supporters-steal-vote-from-disabled-man/
Harp…maybe this will cheer you up…those nuts at peoplescube are at it again…
http://www.thepeoplescube.com/red/viewtopic.php?p=45166#45166
As soon as I can afford it, I have to get one of their “Marxism” T-shirts.
wapo endorses obama:
Barack Obama for President
THE NOMINATING process this year produced two unusually talented and qualified presidential candidates. There are few public figures we have respected more over the years than Sen. John McCain. Yet it is without ambivalence that we endorse Sen. Barack Obama for president.
The choice is made easy in part by Mr. McCain’s disappointing campaign, above all his irresponsible selection of a running mate who is not ready to be president. It is made easy in larger part, though, because of our admiration for Mr. Obama and the impressive qualities he has shown during this long race. Yes, we have reservations and concerns, almost inevitably, given Mr. Obama’s relatively brief experience in national politics. But we also have enormous hopes.
http://www.washingtonpost.com/wp-dyn/content/article/2008/10/16/AR2008101603436.html
According to wapo mccain picking someone that wapo feels is not qualified to be VP pushed wapo to endrose the candidate for president that is certainly no more qualified than the current Gov. of Alaska to be VP than he is president. But wapo hopes obama works out OK. This is the craziest election I have ever seen.
WAPO has been in the tank for Obama forever so this is nothing new.
Yup. At least now its offical.
Agreed, I am glad they finally came out and said it.
Yesterday, the Tanning Bed Media discovered unpaid tax liens against Joe Wurzelbacher. Two days ago, we would have said, “Who?” He’s better known this week as Joe the Plumber after his impromptu dialogue with Barack Obama produced a blatantly redistributionist answer from the Democratic presidential candidate.
In their haste to pillory Joe for the audacity of asking a tough question of Obama, the Tanning Bed Media missed a couple of other interesting tax liens. Patterico does the work of the TBM:
Oh — I almost forgot to mention: Martin Nesbitt, the treasurer of Obama’s campaign, has tax liens. So do his companies.
You’d think that matters more than the tax liens of Joe the Plumber, wouldn’t you? But good luck finding a Big Media story about Nesbitt’s liens.
http://hotair.com/archives/2008/10/17/guess-who-else-has-tax-liens/
Hmmmmm….Has Meeechelle paid the taxes on the chi-town rezko crib yet?
Who owes more in back taxes – Joe or Rangel?
maybe we should vote for Joe the plumber for President!
Thanks for the heads-up HARP. I have been posting this info EVERYWHERE since I read this.
Wow – The real internal polls must be freaking out the 0bamamedia – their signal to go all Orwellian. This headline is on Yahoo right now:
Huge Drop in Popularity. Since September, people’s regard for John McCain has fallen, according to new poll
Who cares, after what the MSM is doing to Joe many will no longer pay any attention to them anymore. Obama making fun of Joe will be just an other mark against him. He is loosing this election. I don’t believe he was ever really ahead unless one assumes that only 5% of the electorate will be republicans.
This election has really gotten ugly though.
Forget Joe the Plumber. Obama’s Treasurer has Tax Liens! And where’s Rangel, while we’re at it?
I want to send money to Joe the plumber. He has been a game changer and his story needs to be kept alive. Best way to do that it with a groundswell of support for him. Surely someone is trying to do something like that already? If not why can’t NQ?
Well he could buy his business faster.
And he does speak for many of us out here
I think that’s an excellent idea. Maybe he can pay off that lien. He has been an excellent voice for us and the crap they are now doing to him has got to hurt. I’m in if someone can suggest how we can pass the can around.
If someone setup something I put in a few dollars.
I will pony up if we pass the hat here on NQ….
I’ll put in some dollars.
What if we make it hit the news and all put in enough money to help Joe the Plumber pay his taxes; get his license and buy his company and then we can all watch the company grow when Obama doesn’t win.
Me to I’m if for $50 f Larry can set up an account.
What about a Pay Pal?
http://www.paxparabellum.com/2008/10/joe-plumber-loses-job-obama-behind-it.html
Something to look forward to with Barky and his fascist thugs…Hey! this tactic worked for Hitler…
I just called the Lucas County Ohio Republican Party about sending donations to Joe the Plumber. They said they will get back to me. I think a barrage of calls would help. I also suggested that people should get together and patrol around his home to prevent vandalism which I’m sure is coming. Here are two phone numbers – do it – spread it!
Lucas County 419-482-0506
Ohio Republican Party 614-228-2481
Nice Shiloh, very nice. Thanks.
Shiloh,
I just called the 419-482-0506 number again and they are setting up a fund for “Joe the Plumber.” If you call them they will take you name and number and call you back with the fund name to write your checks to.
hmm…based on the frantics of the OBama people, I’d say most of America is not ready for socialiZm and wealth distribution….
I tried to call the numbers but I could not get through.
they are overwhelmed by the # of calls about Joe.
I think a fund to help Joe is probably the best thing we can do right now.
How about it Larry? I’m in for $50 and I bet just here and NQ we can wipe out that lein.
Screw Obama and Nesbit.
Their phones are ringing off the hook from folks like us.
So how ’bout it Larry?
Screw Obama. We can redistribute out “wealth” on our own to much better causes!
Do you have an email contact also?
or maybe a web link contact?
I just called this number below also and ask them to set up a hot line number for Joe the Plumber so that I could donate money to pay off his taxes. I live in Illinois and my state has no chance of winning for McCain but I can sure help win Ohio.
Ohio Headquarters
240 N Fifth St.
Suite 340
Columbus, OH 43215
Office number is 614-441-8097
Email Ohio staff at ohio@johnmccain.com
Never count out the possibility of Mccain winning in any state.
Obama is a fraud and his persona is all a fantasy, made up by Ofrauda and the MSM.
I just spoke to 2 people from the McCain campaign and gave them my call back.
I begged them to set something up to help keep Joe in the Know.
They said they would look into it.
Everyone keep calling.
I called the main line also at this number:
(703) 418-2008
This was another outstanding post from NQ. I love this site.
Thank you.
And thank you all for coming here.
LD did a great job of explaining the F/F situation — I certainly found it very helpful. Glad you did, too.
Just days before wapo announced their endorsement of obama they tried to ginned up a phoney cell tower scandal. wapo ‘reported’ that two cell companys were providing tens of thousnads of dollars of free service to mccain by putting a cell tower on his ranch. All BS. The temporary cell tower went up after the secret service requested the tower:
“But Verizon spokesman Nelson said it has no plans to build the permanent cell site and instead has installed a temporary cell site on wheels following a request in May from the Secret Service. ‘We have no plans to build a permanent cell site on this property, but are keeping the permit active as a prudent business planning measure, in the event the Secret Service’s needs change over time,’ Nelson said.”
firstread.msnbc.msn.com/archive/2008/10/17/1560305.aspx
Many of us in the DC area refer to the WAPO as the WA Compost. It is such a crappy newspaper.
Has anyone here been following the Michelle Obama/African Press International story(API).
API said that they did tape the phone call that Michelle Obama made to them..They did not tell her they were taping the call but say they will be releasing the tape, after they use legal maneuvers to avoid a law suit by Obama.
I read an update on Google today saying they stand by their story.
You can imagine the pressure the API is under. There has been much intimidation by Obama supporters…
After what the Obama squad did the Joe the Plumber, you can imagine.
Larry and Sue what do you think of this story??
Did Michelle really make her own whitey tape now?
This story is bunk and should not be spread. IF and when there is a tape THEN it can be revisited but until then it should be regarded as bunk and perhaps an Obama plant.
Hey Shiloh.
I think it safe to say they are aware of the story and are being smart not to touch it.
Overzealous PUMAs and GOP need to chill out on this one and stop spreading the story. A report of a conversation is not proven by a report of a recording of a conversation. The story would have to be acknowledged by Michelle herself that it is her voice or voice print analyzed. It is always possible someone is trying to do what they did to Dan Rather.
I read the WND report claiming the API was consulting lawyers about releasing the alleged recording. How would they get sued in Norway by an American? And even if they could get sued the cat would be out of the bag. The suit would be pointless. I also read the original API story and find it highly unlikely this late in the game she would say what they reported.
I will keep batting of that story with a point head stick until there is non-laughable real confirmation other than WND reporting on a alleged conversation backed up by an alleged recording held up from release by alleged fears of a lawsuit.
The story is a hoax. Ignore it.
I’d love to. But people keep bringing it up.
LMAO at this:
It looks pretty obvious what they have been up to: put a story out there with no proof so they can accuse Americans who use it of racism. Here we go again, falsely accusing people for breathing of being racists. That makes the accuser the racist in my book.
Why would they release the story to begin with since we are all racists and would use it against Obama?
This is laughable shit. Well I guess its a global problem now of “news organizations” interfering with elections.
And someone is waiting for the AP to verify that story????
“The AP Take A Business Hit
Lee Cary
The Associated Press (AP) is being dumped by the Tribune Company.”
Serves them right, biased news.The AP has been an Obama blow horn.
You know we are fucked when even the wire services are spewing out propaganda.
There’s more to that story…involves AP charges to papers.
So O did poorly in the diner in all general terms. Did he cared that he poorly?
I don’t think so.
So if O does poorly as President, will he care at all?
But no one is asking. No one is thinking. This whole world is a lost cause now. Irresponsible people have taken hold of the leadership role and they are wonderfully well suited to represent the majority of irresponsible people living throughout the country.
Irresponsibles representing irresponsibles.
Non thinkers representing non thinkers.
Why would anyone with any clout associate with Obama? Howard Dean couldn’t win. John Kerry couldn’t win. Bill Ayers couldn’t run.
Lets face it O gives people something. He is an appeaser. He calms peoples consciences. He makes people comfortable with themselves. Not us, in this blog of course, but many of those elites who follow him.
But precisely for reason such as this one, the Clinton Administration is not hailed by Democrats as exactly a rubric to hold up as a marquee.
That in itself proves to anyone interested that Democrats are inherently now – 100 percent bent towards Socialism. And it is no wonder O is their hero. Democrats motto now is Socialism or death.
I’m a real Democrat. I do not support Obama. You are not helping by tarring us all with that brush. What’s next? Are you going to run around squawking “Liberal!Liberal!Liberal!”? Again, that sort of thing is not useful in trying to pull center Democrats to the McCain ticket. It’s bad enough having “Racist” yelled at you– let’s not add more nonsense to the mix.
Hmmmm…Churl…I was a real democrat for 30 years…and this is not the party I knew…
Democratofacists might gain 60 seats this season + a Barky POTUS = GOODBYE THE USA I KNEW!
I am not talking about you, but about Democrats in Congress. Congressional representatives. And what I said is that there is a reason that Democrats do not take a liking to Bill Clinton’s policies when he was President. They don’t take a liking because there is a substantial difference between Democrats today and Democrats of 1992-2000. Substantial. And maybe that’s why Hillary lost the support of the Dem party. Because there is a substantial difference between Hillary’s agenda and the agenda of today’s Democratic party. And the difference is “socialism.”
And ’socialism’ is not the same as ‘liberalism.’ Both words to not necessarily merge.
Churl has a point. Keep in mind that Obamacrats are not Democrats. They are their own disgusting selves.
The Democrats are split. Did you forget us PUMAs? I’ve always voted Democrat until now and I am not a socialist. And the GOP practices its own brand of corporate socialism. I see no difference in the parties, one slants towards giving money to corporations, the other to the people. And I am not talking about tax breaks given to corporations: I an talking about stealing from the treasury directly, our treasury. Defense contracts for staged wars. Money down the crapper for “drug wars” they not only know they can’t win, but want to continue so money can flow to lucrative government contracts.
Two things in summary:
The GOP is just as guilty of wealth re-distribution, perhaps even more so. I’ll let you figure that out.
Remember, the GOP needs us PUMAs and we are not all
socialists. In fact I’d guess almost all of us are not. And PUMAs are still Democrats. We want to reform our party to the middle. You can comment almost anything you want here but maybe think about what your real goal is. Is it scoring some points against an ideology you dislike or is it trying to elect Mac? Perhaps try a smaller brush than the broad one?
There has always been a thin line between the democratic party and socialism. Now the thin line has disappeared.
As above, the GOP practices corporate socialism. I don’t want money going down the crapper to theft from either party.
Then what choice(s) in a candidate do you have?
You pick the lesser of two evils. In this election it is the GOP.
I have heard that for years. Even a certain preacher once told me he would vote for the lesser of two evils. I could only say to him , evil is evil any way you cut it, there is no lesser. I don’t think McCain is evil. And I have my doubts if Obama is an American citizen. I am voting for the one I know is an American–J. McCain. Hence, I will be breaking a 50 year habit of voting for the democratic party.
Whatever, as long as you vote for Mac.
Maybe its wishful thinking but I find McCain much less a typical corporate- whore Republican.
I agree, he seems better.
I believe the bill was also veto proof because of the majority of votes signing on in both houses. This is not able blaming Bill Clinton.
Dear Barky, Show us your birth certificate, the full one. Kenya? Kenya please do that?
LMAO Kenya!!! Ha! ROTFL
Don’t you think it’s time for the BIG WEAPONS???
Part 2–Independent Thinking: THE DEMOCRATIC PARTY/LATRINE NEEDS THE TY-D-BOL MAN
http://insightanalytical.wordpress.com/2008/10/17/part-2-independent-thinking-the-democratic-partylatrine-needs-the-ty-d-bol-man/
The whole list of the crappy things the Democratic Party and their pick Obama should be dealt with immediately!!!
(Includes pic and video)
I think that’s what I am talking about today.
Thanks for that.
The question she poses is answered by one word, “responsibility.”
And by the way, that’s one of McCain’s columns in his platform of “REFORM.”
Ani
Someone posted yesterday that 5 percent of the population owns 74 percent of assets. But how much 1 percent of the population holds.
The problem we have is related to leverage and nothing more. He accepted or bought into the notion that one can own as much property as one can acquire without actually paying a penny or just paying a very little percentage of it. And instruments granting those forms of ownership flourished. And people that went into financial careers were able to take advantage of that and own large amounts of property without having not only cash to back up their purchases but personal interests in them (the Rezco syndrome).
OT, but check this story out from Barky’s NH visit yesterday. No time for the National Anthem.
http://www.wmur.com/news/17737383/detail.html?taf=man
Shameful……………this is the kind of story that should be plaster all over Fox——-are you listening Fox? Now, the hand over the heart is becoming apparent that Obama really is unpatriotic and all his minions too.
I read this but, this makes no sense. Singing the Star-Spangled Banner might take what, as much as 60 seconds? Getting the crowd to stand before and quiet down after might take up another minute. So, total time for national anthem-related activities, 2 minutes. It seems that, cutting 30 seconds from each of 4 speakers; or 1 minute from each of 2, would have done the trick.
If the story is true that he snubbed a 17-year-old scheduled to sing the national anthem at a campaign stop in order to give more time to the scheduled speakers then, BO is not the master campaigner he claims to be.
The fallout from this will be huge.
Oh my gosh! How long would it have taken them to sing the Anthem!!!
What a crock.
I feel like I’m living a nightmare. A life long DEM I am now voting for REP. and the fact that someone like this could make it so far as to possibly be President is mind boggling.
I checked it out and seems legitimate so I sent it to Fox News.
Ani
Yes, Ani but you cannot blame F/F executives for that. Everyone accepted that those forms of “ownership” were good forms of ownership in spite of the perils they posed. Why?
Because our whole society from Bill Gates down to the poorest of the poor are conditioned to accept ‘immorality’ and ‘irresponsibility’ as norms. We like our immoral ways.
That’s why we are so averse to the specter of ‘Sharia’ laws.
What happened is that financiers all of a sudden found themselves with total trash in exchange for a piece of paper. It didn’t jive that well.
We sell trash. We put it out as recyclables. And that’s what the ‘derivatives’ of MBS had become. But suddenly even that trash was not recyclable anymore.
But make no mistake. We love trash. Take a look at many of our pop culture products. Trash is good. Even a lot of the food we buy at the supermarkets is trash to begin with. Trash packaged neatly. Okay.
Yeah Ani but here is where you fail. Here is where we all fail. Here is where the church in America fails. Here is where the problems in America lie at the feet of pastors and priest. Here is why ‘Sharia’ law may not be that bad after all.
It is not saying that things are getting out of control that is the responsible thing. It is not allowing immorality and irresponsibility to begin at all. You need to have morals from the moment you wake up in the morning, not at 10 pm. at night.
We delude ourselves by believing that somehow things will get better later. That people will reason their delinquency and find ways to convert themselves by their own free will into righteousness.
Not sure what you’re getting at with this. Are you trying to establish an ultimate “morality” that everyone should share and adhere to? No room for diverse belief? What about learning from mistakes? Are some people just more “righteous” than others? What about grace? I don’t think I agree with you.
I think all of those things you speak off enter into the picture I was painting. I don’t think I am saying you begin from perfection and stay there. But I think that sinking to immorality and staying there will not bring any good results.
Pastors and Priests will always DICTATE LAW. Just one example out of thousands– ABORTION–for or against.
Pastors and priest dictate law but have a preference for being gainfully employed.
There is a rumor that Joe the Plumber lost his job. Can anybody confirm this.
LOL..Guess Barky is in real trouble in OHIO with his “bad” votes…just saw on FOX NEWS..Hillary is going there to make 2 appearances for him…aw he needs bailing out by Hillary again…too funny!
McCain/Palin NOW!
John- If Joe lost his job from this..we need to BOMBARD the media about it and to shame OBama/Biden campaigne…GRRRRRRRR!!!
Come On People we need to help this man.
Larry what can we DO?????
Tell Joe that under Obama’s
taxwealth redistribution plan, he will get checks from the government for doing nothing.Here is an important post there are some things we can do in a coordinated effort http://donedems.com/2008/10/17/436/
Make a Difference To
day– Help Stop Media Witch Hunt Against Joe the Plumber and His
Son
. Write Politico, which 24 hours after the debate had no less than three articles attacking Joe. The authors of those articles can be reached at 1) jmartin@politico.com (Jonathan Martin) and 2) bsmith@politico.com (Ben Smith).
The authors of the other attack article can be contacted through these forms:
1) Carrie Budoff Brown: http://www.politico.com/reporters/CarrieBudoffBrown.html
2) Amie Parnes: http://www.politico.com/reporters/AmieParnes.html
2. Write ABC news, which had a front page article on its website attacking Joe for being less than $1,200 behind in his taxes – like that’s a crime in this economy. The smear artists at ABC can be reached through Peter Salinger, who is in charge of NBC’s election coverage, by phone at 212-456-5105 or by email at peter.salinger@abc.com. You can also use this form: http://abcnews.go.com/Site/page?id=3271346.
3. Write NBC, whose article attacking Joe might cause him to lose his job because Joe is an unlicensed plumber (had NBC bothered to reveal that Obama hung out with terrorist and radicals as quickly as they invested Joe, Obama would have lost his job too). You can complain by phone at 212-664-4444 or by email to letters@msnbc.com or steve.capus@msnbc.com (Steve Capus, President of NBC News).
4. There are three voices in the media sympathetic to Joe the Plumbers who can help stop this witch hunt. You can write Lou Dobbs at lou.dobbs@turner.com or through this feedback form: http://www.cnn.com/feedback/forms/form5.html?9. You can contact Sean Hannity at hannity@foxnews.com or through this feedback form: http://www.hannity.com/contactus.asp.
5. The Daily Kos published Joe’s address, putting Joe’s son’s life in danger. Let your Congressperson know you are disgusted by the way Joe the Plumber is being treated by the media and far left bloggers like Kos. You can contact them by visiting this site and entering your zip code: http://www.visi.com/juan/congress/.
VERY IMPORTANT: Using the same form, enter Joe’s zip code (43615) and contact his Senators (Sherrod Brown-D; George Voinovich-R) and his representative (Mary Kaptur-D) and ask them why they are not helping Joe fight these smears and protect
his son.
6. Lastly, we need to flood the McCain campaign with support and emails, assuring them that McCain won the debate by turning up the heat on ACORN, Ayers, irresponsible spending, “spreading the wealth around,” and fines on those without health care. But let them know that having thrust Joe the Plumber into the spotlight, they need protect him from attack. The McCain camp can be emailed at ecampaign@johnmccain.com or info@johnmccain.com.
Together, we can prevent the media from taking this election from the voters.
Admin: I did post this under Joe the Plumber but was concerned that as an older post fewer people would notice. Thanks for any support that is allowed.
Just saw on FOX…Joe the plumber will be on HUCKABEE’S show on Sat. nite..cool!
I didn’t know Huckabee had a show . . . where?
FOXNEWS channel
go to Foxnews.com and you can find it
I will be seeing one of the lawyers for McCain’s campaign this afternoon over our kids school activities.
I will print this blog’s concerns about Joe and his family and give it to him. I know it will get top level attention.
We’ll see.
We need to help this regular American.
He has trouble paying his taxes right now imagine how awful it will be for him and us if Obama gets his way?!?!?!
http://votebitter.com/
great shirt
sent an E-Mail to MacCain for JOE!!! Hope all do the same!!
McCain/Palin NOW!
HUCKABEE’s show is on FOX Sat. nites at 8pm..E.T.
Great show!
What’s the best contact for Hillary? I want to write to her about this harassment of Joe.
I’m sorry to say but Hillary is lost in the echo chamber.
I really hate to say but this voter fraud needs to be stopped asap. In Fact I think it would only be fair, if all registrations turned in by Acorn was thrown out, if they are found to be cheating. Do you know what is like to wake up one day and realize you can stand the people in your party? A party that you use to be proud of no less. I’ms sorry but they are working with people who are doing and unforgivable thing. Playing with our votes, playing with our rights, and the right to choose our government. There is not excuse for this behavior. One day we will wake up and have no rights if we keep allowing people regardless of party to get away with. Voter fraud should felony. You take someone votes away you should never be able to vote again. And not only that it should be a required incarceration and you should have to pay. pay unbelievably high fines illegal. this is the 3 election we have been cheated, If its a fair i don’t care who wins. oh yeah and on hill buzz they have 7th grader who was called racist because she wore a palin mccain tshirt to school.
The state just need to charge ACORN for the expense of checking any bogus and fraudulent registration. That’ll do it.
I know, but some times you have to make it hurt. if they loose their right to vote they may not be so willing to deprive other people of the same right. Not just that Acorn paying fines is a short term solution to the problem. I’m talking about something that will stop this behavior in the future. Voting is an extention of the first amendment. When you pick your leaders you are voicing your opinion. Just because people don’t neccessarily repond in the way you want them to, you still have a right oth peopl in other countries would die for, infact From the founding fathers so we could have a voice, to MLK, JFK, RFK, people have died for it. Our biggest problem is that we take our blood earned right for granted. Do not think people are not watching and waiting to deprive you ove them. what we said in 2000 and 2004 is that we think fraud is exceptable, and i do believe who ever sent obama took note of that fact, and if they don’t get away with it this time. They will be back.
not too far off-topic. another story about stolen Obama votes.
ALBANY, GA (WALB) – There are allegations of voter fraud, as a Dougherty County family claims the vote of a mentally challenged relative was stolen. [and cast for Obama — here’s the link: http://www.walb.com/Global/story.asp?s=9177991
and in the honor of the plunger
a dance moment from tsai ming liang’s movie
wayward cloud
the music is “Sixteen Tons” by T. Earnie Ford but the lyrics r different
ATTN: very sexy/?!!!!!!!!!!!!! not for all taste. erotic?! for some maybe pornographic. NR …….
http://www.youtube.com/watch?v=cfE0jgMUQrc
enjoy
My fantasy is that OB gets knocked out of the race
Hillary gets the nod, and
when all the early votes for Obama are awarded to her -
then and only then will the Michigan delegate theft be avenged.
I’ve had this dream since the primaries.
Unfortunately I do not dream it anymore. Just pray everyday that Senator McCain pulls this off. Or I’m taking my family and 20 or so animals and moving somewhere far away!
Washington Post. ‘I am a typical Obamabot voter’ (my words).
So for the WP it doesn’t matter a little bit of lying. A little bit of lying is good as long as the lies are lies that support a good cause.
This is an interesting Video.
I do not agree with his views but he does make some interesting points about Obama and his advisors. I like that he is discussing the subprime mess back in the summer.
http://uhurunews.com/feature-obama.epl
Suspicion mounts that on Sunday Meet The Press Colin Powell will endorse Obama. That would be very damaging, let’s hope it doesn’t happen.
I see on Drudge it’s any minute. Exactly who is Powell going to sway? Republican aren’t going to care, Dems had issues with him because of his infamous UN appearance, and so many in the AA community already support Obienokenobe. So, who is left? His wife? Who? Colin Powell is pissed he got holding the bag on Iraq at the UN. More sour grapes.
There may be fence sitters leaning toward Obama but hesitant about his foreign policy knowledge and toughness. Some of those might think – if he’s OK with Powell he’s ok with me. I don’t think it would be a huge impact, maybe good for a point or two. If it does it I think it is also too early, in 2 more weeks people will have forgotten about what Colin said even though it made an impact on them at the time. Unless he goes out and campaigns for him which I doubt. Still, this would be a bummer and something that needs to be countered with an Oct surprise from our side.
McCain has been holding off on Wright because of Powell…maybe he’ll be free to attack now!
Colin Powell lost his credibility also. But hey, today no credibility amounts to lots of credibility.
it’s a disgrace. complete and utter.
was there any doubt??
Washington Post.
Oh, okay. Whatever they said before and after as their reasons for supporting O is canceled now. Creating parity and equality no longer is important for this issue, but is important for other issues. I get it. Obama lies but is okay. Obama lies and lies but is okay. Obama’s health plan just sounds better. Hurray. Lets endorse Obama.
Learn more about the effects of the plans at
http://www.hsinetwork.com
If it happens I will lose all respect for a man I have admired for years.
Well, that would Powell second biggest mistake…
There are so many potential down stories for BO right now…
I think we should find a way to help Joe the Plumber…
I like the idea of putting plungers out in our yards in a unified way this coming week???
If Condi Rice did it I think it might be a bigger slap. Nothing surprises me at the end. I think Joe the Plumber has more potential sway than either of them.
to Powell’s credit he did max out his contribution to John McCain’s campaign
Washington Post.
That editorial, supporting Obama is outright insane. How can we get to be this way? How can a newspaper be capable of writing this kind of garbage? The reasons they use to support Obama contradict the statements they use to support him. ‘He is better because what he proposes is questionable.’ WTF.
GRSRRASjsjaldfl;asfshl;sh;ls
That is about right. Gotta love the Compost.
It makes no sense and it is written on the 3rd grade level.
I can barely stand to read it most days.
Please Please Please read:
“Liberal Fascism” by Jonah Goldberg….all will become much clearer to all.
Many of you think that Bush was a conservative….he certainly was not and that’s why conservative hate him. The reality he is part of a 120-year toxic Fascist “Progressive” movement who’s goals are not to help the people but to acheive full control over them through mega industry (eg. the media, the Hi tech industries/information industries) and war.
Your eyeballs will pop out…….you will feel sick at how brainwashed we’ve all been for a century…even the GOP.
Unless you understand it……..there is no way to beat it. Our constitution has been ravaged by these fascists for a century….they infact disdain it and think it is a petty/silly/unsophisticated group of words.
No I’m not a paranoiac…..I come from the former Communist country and its obvious to me what coming down the tracks! I’m afraid as you should be…because once it comes, there’s no way back.
PALIN RALLY STARTING SHORTLY
I can’t find a computer link for the rally? Where are you seeing this please?
Foxnews.com Strategyroom.
well shut my mouth. it works.
I”m sorry it’s in Ohio (westchester)
and Palin just said the best line I’;ve heard YET
let’s not turn the buckeye state into the acorn state!
(this was after she thoroughly threw obama under the acorn bus)
LMAO
GO SARAH YOU ROCK!!
CNN.com
And the thing is that the computer communications have reinforced these institutional players by adding their collusion. Thus the people are vulnerable to ‘monopolistics’ (although that word is not good to define it) practices, (which are really oligarchic processes).
The next step will be the alliance between China, Russia and the U.S. (You could call it the Northern Alliance.) Europe will probably connect with Northern Africa and the Middle East as an axis and Australia and South America and south Africa would remain adrift. (The Southern hemisphere always looses.)
You know 1984? Well its not a description of what could be….but what has already occured under Pres. Wilson….The West’s first rabid fascist- openly against freedom and the constition. He had hit squads, moles within families and communities etc. He shut down papaers that criticized him etc. He was admired by Hitler and Mussolini and Stalin…mmm.
The book above discusses this and quotes his own words and those of his “progressive” sophisticated intellectual/academic peers. These same idiots later admired and touted Stalin, Hitler, and Mussolini…openly until war broke out.
The book is excellently referenced. The most critical read of a lifetime. It is the only thing that can save us from destruction. Get it soon because they will burn it shorty.
Oceania, Eurasia and Eastasia
LOL Obeinokinobe!
Good explanation of this mess. Thanks. I don’t believe, frankly, that many members of Congress actually understood what was going on. That is becoming clear.
The campaign messages frankly make Joe the Plumber look like an intellect. It’s hard to believe that the candidates are resorting to distortions to manipulate people right now.
Mostly what I hear from people is that they are sick of the entire election and cannot wait to get this over.
Just read this from Huffington post,
“William Ayers is a HERO and a PATRIOT who took DIRECT ACTION against a CRIMMINAL Pentagon who was waging a CRIMMINAL WAR against South East Asia to support a succesion of CRIMMINAL DICTATORS.
Like 9-11, the gradual escalation in Viet Nam, the Christmas bombing of Cambodia, the invasion of Laos were CRIMMINAL ACTS.”
here is another from huffington post,
“Let McCain keep assuming that the American people are as out of touch with reality as he is. He is doing grave damage to his party, let him keep twisting the knife.”
-Wow the coolaid is strong over there
You’d think if someone was going to go to all the trouble of putting CRIMINAL is caps four times, they would spell it right. Oh sorry, I forgot… it’s an obot post from HuffandPuff.
Attacking Joe the Plumber will go down in history as one of the biggest mistakes Obama ever made.
For Joe the Plumber, you could also get a hold of Neal Boortz who’s online now:
Neal Boortz Contact Form
or call in to his live show at (877)310-2100 or(404) 872-0750 in Atlanta.
Sarah Palin was on his show about a half hour ago! They’ll be replaying it at 12:35 EST.
Hey GREAT thanks!
[ADMIN: This comment was DELETED and USER BANNED. It is critical to note that the Obamabot who posed as our own familiar "Puget Sound Island Girl" is a misogynist of the worst sort. THIS is the e-mail address, obviously made-up, that this disgusting sexist sub-human posted under the invariably decent and respectable REAL "Puget Sound Island Girl": dumb@tw-t.com
WHY is sexism and misogyny so RAMPANT among male Obama supporters? I am gravely worried about this. The misogyny even extends to self-loathing female Obama supporters.
What is wrong with these people, usually young people? Do these young women have NO CLUE about the incredible sacrifices and countless hours, over decades and decades, before women even got the right to vote in this country, let alone any other progress we've made?
And don't these young women realize that they are abetting the loss of the rights to fair treatment and respect that we fought so very hard to attain?
I am sick at heart about this -- SusanUnPC, Administrator]
F-You Obamabot!
You are one sick little man. I know this for a fact. Get a life and quit impersonating ME!!!!
Obamabots are in a panic and they should be
“And don’t these young women realize that they are abetting the loss of the rights to fair treatment and respect that we fought so very hard to attain?”
Unfortunately it is rampant in the youth culture, its like we’ve actually gone backwards. Just look at most of the rap videos and see how woman are portrayed.
Central Florida 7th grader called racist for wearing Palin t-shirt
http://www.myfoxorlando.com/myfox/pages/News/Politics/Detail;jsessionid=F818A3C30C820DA90F8ABBC84E23E731?contentId=7664724&version=7&locale=EN-US&layoutCode=TSTY&pageId=3.14.1&sflg=1
Well she’s still going to wear it. Good for her.
NEVER BE BULLYED
US communists say their time has come
2 days ago (October 15, 2008)
NEW YORK (AFP) — A rare bird in the political world, the US Communist Party is feeling rather smug in these days of capitalist turmoil.
At the party’s New York headquarters on 23rd Street in Manhattan, regional party chairman Libero Della Piana, 36, laid out why he thinks Marxist-Leninism’s time has finally come.
“We are very excited, we feel that we are at a turning point,” Della Piana, an imposing half-Italian, half-African American with a pony tail, told AFP.
“We can afford to be less on the defensive for the first time since Ronald Reagan, and we can say our word in rebuilding America on a new basis, rebuilding a better world, instead of one based on the greed of the few.”
The US Communist Party was founded in 1919 and never really took off. It was ostracized during the Cold War and members faced discrimination, even firing from their work, during the anti-Communist drive of the 1950s.
Today, the party claims to have 3,000 to 3,500 members — seemingly not a threat to the giant Democratic and Republican parties contesting next month’s White House election.
But American communists think that the collapse of Wall Street and huge disillusionment among the public with the economy has put them on a roll.
“We receive more and more phone calls, we have more inquiries from people, we see an increase in interest,” Della Piana said. “We hope to be part of the discussion. I can see a role for the Communist Party in this next period.”
“The crisis’ number one lesson: the market cannot regulate itself,” he said. “Otherwise it goes out of control.”
Communist youth coordinator Erica Smiley, 28, said “the major issues for the young are: peace, jobs, health care, education, and we provide them with answers.”
Whether the communists will be able to deliver remains open to question.
One plus is that their recently renovated New York headquarters, featuring the obligatory tomes of Lenin and Marx, is prime real estate — a serious and very capitalist nest egg.
But few people were about during a visit by AFP on Monday and the atmosphere was collegial and slightly sleepy, rather than revolutionary.
“They are all out working to get people to vote,” explained Bill Davis, 65, who has been a faithful member for 37 years.
There is no communist running for the White House and the Communist Party does not endorse Democrat Barack Obama.
Yet many staff here wore his picture on lapel buttons, while Republican John McCain was relegated to a box of tissues — the tissues being pulled through his mouth.
Sure, help The Precious but don’t help him too much. Who are they kidding.
New Yahoo/AP poll has 44% obama 42% McCain.
http://www.drudgereport.com
NOW MORE THAN EVER
WE MUST SAVE AMERICA!
MCCAIN/PALIN 2008
I just got this from a friend. This is the
BANNED SNL SKIT
http://patdollard.com/2008/10/it-is-here-the-banned-snl-skit-cannot-hide-from-louie/
Application info: Ohio ACORN GOTV effort for Obama is hiring canvassers now
AP/YAHOO POLL: OBAMA 44, MCCAIN 42
Wooooohooooooooooooo! Go McCain/Palin!
What gets me is the headline to this on Yahoo. “Poll: Voter’s Souring on McCain, Obama stays steady”. Give me a freakin break!
The break down was the following.
AP/YAHOO Poll of 873 Democrats; 650 Republicans shows OBAMA 44%, MCCAIN 42%…
I don’t understand how they can poll a disproportionate amount of Repubs and say BO is ahead.
What if they polled even amounts of Dems and Repubs it would bring up JMac’s numbers?
Because that would be inaccurate. There are more Democrats than Republicans.
High turn-out favors Democrats…..
There are more Dems than Repubs but the difference is a few percentage points — not 10 or 15.
FOX NEWS REPORT…Sec of State Brunner wins HER case…doersn’t have to comply with repubs request on questionable ballots…WTF!!!!!!!!!
This is wrong, they should not have done this. America loses, She needs to be removed from office.
I guess Mickey Mouse wins in OHIO for BAMBI!
Yes and too, we cannot forget him vote when it came time to limiting predatory lending and gauging by the Financial institutions when he voted AGAINST capping interest rates to a maximum 30 percent.
Truth is in ones actions and his actions SUCK.
I am going to be mad about the Ohio decision all day, maybe for the rest of my life. We already know voter fraud is going on there and the police are on it and the SC gives it to the dems. 200,000 fraudulent forms that she hid, she is breaking the law and the SC is helping her.
I read the specifics of the suit.
The RNC was asking that the names on the ballots be made public. That cannot happen.
But the need to verify every vote is still aburden that Burnner has to meet.
Interesting….
Thank you for that clarification, Jackie.
Here is a WSJ Article providing a historical perspective on Freddie and Fannie from their point of origination up through the ’80s.
Interesting quote from Larry Kudlow, a memebr of the reagan administration at the time who was lobbying to fully privatize these entities…..”they beat us politically…”
http://online.wsj.com/article/SB122411519496138607.html#articleTabs%3Darticle
I don’t know if anyone is watching Fox. BO is on and I think he is Virginia but I can’t be sure. But all of a sudden he has this folksy Southern style speech.
Talking about pie, I like sweet potato and he actually said ain’t. It’s not the way he normally speaks.
And it always bothers me when he says Mac wants to give breaks to oil co. when it was he who voted for the Bush oil subsidies. Mac and Hillary voted against it.
Now they’re chanting OBAMA OBAMA not USA like at McCain rallies!
do you wonder what senator obama is reading??? check out this link….its crazy…
http://www.snopes.com/politics/obama/postamerican.asp
The Video that could cost Obama the election:
http://www.nextgenerationcorp.com/NextGenBlog/?p=68
Poll finds American reject redistribution of wealth as suggested by Barack Hussein Obama.
PRINCETON, NJ — When given a choice about how government should address the numerous economic difficulties facing today’s consumer, Americans overwhelmingly — by 84% to 13% — prefer that the government focus on improving overall economic conditions and the jobs situation in the United States as opposed to taking steps to distribute wealth more evenly among Americans.
Read: http://www.gallup.com/poll/108445/Americans-Oppose-Income-Redistribution-Fix-Economy.aspx
Americans Oppose Income Redistribution to Fix Economy
[Note: Elect John McCain for a free America and economic growth.]
I see that Mr. Wallison is Peter J> Wallison with the WSJ.
Are we to assume “LD” is “Mr. Doyle”?
I see no other reference to Mr. Doyle.
2nd lawsuit challenges Obama’s citizenship
Man demands state verify birth records or remove senator from ballots
Note: It is incumbent on ALL Secretaries of State in all of the United States to BOTH accurately verify Voters AND candidates. Barack Hussein Obama has sealed his “Hawaiian” birth records and also records in Kenya.
Failure to verify and certify qualification for ALL candidates in a general election by any Secretary of State may be a cause of action (dereliction of duty) and criminal charges may be filed.
http://www.wnd.com/index.php?fa=PAGE.view&pageId=78111
Also:
The Video that could cost Obama the election
http://www.nextgenerationcorp.com/NextGenBlog/?p=68
Nonsense?
Is it mere coincidence that investment banks were the first big dominos to fall? Would such have even existedwithout the republican Gramm-Leach-Bliley Act of 1999?
Denying the significance of the repeal of Glass-Steagall to the current financial crisis makes about as much sense as denying the significance of the Enron Loophole with regard to another earlier republican-engineered deregulatory economic debacle. Have we forgotten Enron already?
Mr. Anon…or may I call you Scoop. You have to do some homework before running off like this.
“Would the investment banks have even existed without the GBLA of 1999?”
Well, let’s see Bear Stearns was founded in the 1920s. Lehman Brothers was founded back in the 1850s. Merrill Lynch was founded in 1914.
The impact that the repeal of the GBLA had was twofold. It provided greater competition and transparency on Wall St.. It also shifted the balance of power from the investment banks to the commercial banks. The investment banks responded by aligning htemselves with origination pipelines in an attempt to source product. They took too much risk in the process. The SEC did not PERFORM in monitoring the risk.
Got it??!!
Hope this clarifies things for you.
Just the headline sounds like the seed of a great thirty second campaign commercial!!!
The Ever Present Barack votes PRESENT once again…
How unsurprising…