Really? Since when should a presidential candidate have to be compelled by court order to turn over his birth certificate? If I were being sued over this, I would simply turn over my birth certificate and have the case dropped. I would not spend money on lawyers to prevent me from having to produce my own birth certificate, and file motions to prevent discovery…of my birth certificate! Does this make sense to anyone? This simply doesn’t pass the smell test. It would be to his benefit to simply put the issue to rest by producing the damn birth certificate. He would be doing himself a favor…that is IF he has a valid birth certificate. His own suspicious actions lead me to believe he doesn’t have one and is not a U.S. citizen.

On the citizenship issue, Obama has a passport. To get it, he had to submit a birth certificate that established that he was born in Hawaii. So the US Government has already established that he is a US citizen and that he was born in Hawaii. (And I know people who have had their birth certificates challenged in this process. The passport people know how to spot fakes and alterations.) For a suit to prevail, the burden of proof would be on the plaintiff to demonstrate that the government made a mistake. It’s not Obama’s issue to prove. Someone with standing needs to demonstrate to a court that the facts already approved in his passport application are false. Innuendo on websites doesn’t cut it.

i am in agreement with you. this year i became an independent and have begun for the first time to actually question dems and liberate myself from demonizing repubs. i find myself in a strange place of hybrid, and educating myself like mad to play catch up with history. having a wide open mind is very heady. i can actually agree with some of the conservative writing that i had always shunned because some liberal dem didn’t say or write it.

this election cycle, and the broad corruption engaged in by the dem elite leadership, the obamacan lean towards Socialist/Marxist agenda, and so much more, stepping back for a more birds eye view has re-tooled my thinking.

the new species of political hybrid that i find here in cyberspace invigorates and encourages independent thinking, and offers an in depth truth in reportage not found in the uber liberal msm media .

what a trip it is. thank you NoQuarter for the work you do.

World markets are collapsing because buyers worldwide bought them, too many have been cashing them in, there isn’t cash to pay them off and no one knows how many more are out there waiting to be paid off.

Current policy amounts to trying to sandbag a blackhole. And, bingo:

They’re more geared to increasing the wealth of his silent backers, which is what we’ve seen for the past eight years under the Bush administration.

For the past year, there have been many articles forecasting the crash we’ve seen in the world stock markets. It has nothing to do with the possibility of moving 401ks out of the stock market. Looking at Senator Obama’s share the wealth plan as the culprit is like swatting at a mosquito on your arm when a grizzly bear is mauling your other arm.

The financial stocks began sliding earlier this year and have brought down the entire market. The Royal Bank of Scotland warned of a global market crash months ago. Not many people were listening.

http://seekingalpha.com/article/82182-high-likelihood-of-a-market-crash

http://www.nytimes.com/2008/02/22/business/22norris.html?_r=2&ref=business&oref=slogin&oref=slogin

Financial stocks aren’t crashing because Senator Obama might be elected president and start sharing the wealth. There is no wealth out there to share. Wall Street gambled it away.

The Panic of 1907 was a result of the credit markets drying up. Very similar to what we’re seeing now. One of the reasons the credit markets dried up was because of the bucket shops, which were faux mini stock exchanges. The bucket shops didn’t sell stock, people instead bet on whether a stock would go up or down. JP Morgan came to the rescue of Wall Street in 1907 by infusing the market with millions. Which is what Paulson is trying to do now. It worked then, however, the rest of the world didn’t have a hand in the betting pie in 1907. The SEC banned bucket shops after the 1929 stock market crash.

In 1994, the firm of JP Morgan realized it had given hundreds of millions in loans and was required to keep capital on hand in case the loans went south. All that money doing nothing. They came up with this great idea of getting a third company to insure the loans, which would free up their reserve capital. They hired a bunch of experts to value the insurance policies which were called Credit Default Swaps so they weren’t regulated by insurance laws and created a new market for them. It sounded like such a great idea. At first, maybe it was.

In 2000, Congress enacted the Commodity Futures Modernization Act and included in the act:

SEC. 117. PREEMPTION. HR 5660
`(2) This Act shall supersede and preempt the application of any State or local law that prohibits or regulates gaming or the operation of
bucket shops (other than antifraud provisions of general applicability) in the case of–

`(A) an electronic trading facility excluded under section 2(e) of this Act; and

`(B) an agreement, contract, or transaction that is excluded from this Act under section 2(c), 2(d), 2(f), or 2(g) of this Act or title IV of
the Commodity Futures Modernization Act of 2000, or exempted under section 2(h) or 4(c) of this Act (regardless of whether any
such agreement, contract, or transaction is otherwise subject to this Act).’.

All state laws that banned bucket shops or prevented third parties from betting on the market, interest rates, etc… through Credit Default Swaps were wiped out. The $500 billion dollar market of Credit Default Swaps in the 1990′s grew to a market of $62 trillion in eight years.

Wall Street went crazy selling CDS’s. Let’s say General Electric was selling bonds and you decided they wouldn’t be able to pay those bonds off. You could buy a CDS based on the GE bonds, you didn’t have to actually own a bond. Then you waited to see if your bet would pay off.

Wall Street sold trillions of CDS’s to insure the mortgage securities with, they sold them worldwide. Buyers of mortgage securities bought the CDS. Buyers who had no financial interest in mortgage securities also bought the CDS’s, betting that mortgage securities would fail and they would rake in the cash with their CDS. People bought CDS’s to bet on interest rates, on whether X corporation or Y City could pay off it’s bonds, etc….

AIG sold over $400 billion CDS. Because CDS’s aren’t regulated, AIG didn’t have to keep a reserve capital to pay them off. AIG had lots of fun selling CDS’s to back the mortgage securities that Lehman Brothers were selling. Until recently, they were all having lots and lots fun, until the buyers of the CDS that insured mortgage securities began cashing in their policies. AIG and everyone else who sold the CDS’s didn’t have the capital to pay off the policies. The financial stocks began to fall and the credit markets dried up.

Adding to the crisis is that risky securities and bonds that should have been rated far lower than AAA, were rated AAA because the CDS’s backing them were sold by a company rated AAA. But all those AAA companies who sold the CDS’s are no longer AAA companies because of the risky business of insuring mortgage securities. Their stock prices began to fall and keep falling.

http://www.trendsimwatching.com/2008/01/thoughts-from-t.html

The CDS market isn’t regulated. No one really has any idea who owns the CDS, who was selling them or how many of them are out there. China could hold CDS’s valued in the trillions. Your neighbor down the street could hold them. They were inexpensive to buy and everyone from major corporations to tiny towns in Sweden bought them. World markets are collapsing because buyers worldwide bought them, too many have been cashing them in, there isn’t cash to pay them off and no one knows how many more are out there waiting to be paid off.

We can lay blame at Senator Obama’s feet for being a supporter of ACORN which eagerly coerced banks into giving risky loans. But only 6% of mortgages are failing and wouldn’t cause the mess we’re seeing in global markets. The declines are more related to the CDS.

While I’m sure Senator Obama’s ego would love the stroking of believing his economic policies are shaking up the markets, they’re not. What we’re seeing now was set in motion long before Senator Obama had the chance to vote present on any bill, train any ACORN activists in the art of bank coercion, announce he was going to tax the well off for having more money than the rest of us or Congress started thinking about raiding the 401ks.

http://www.newsweek.com/id/161199

I think Senator Obama’s economic policies backed by a Democratic led Congress that thinks he can do no wrong would be devastating. We don’t have the wealth to do what he wants to do – Wall Street gambled it away. Until we clean up the CDS mess, clean up the mortgage mess and lower the deficit, we will not be creating jobs in the U.S. If we’re not creating jobs, taxing the affluent and corporations isn’t going to have a positive effect. His plan to lower taxes for the middle and lower classes will probably have less of a positive effect on the economy than the $600 stimulus checks had six months ago. We don’t have an economic climate where sharing the wealth to fund whatever programs he has in mind is viable. From what I can tell, his programs and policies wouldn’t benefit us all that much if he could fund them. They’re more geared to increasing the wealth of his silent backers, which is what we’ve seen for the past eight years under the Bush administration.

He fought in WWII he worked in a mine most of his life. He has done what he should and now he should rest and enjoy.

Michell and Barack need to go straight to hell.

Lots and lots of decimals in our acct’s!

Excepting of course that our money will become absolutely WORTHLESS!

These economic proposals are scaring the crap out of the world’s markets. With these MORONS in congress talking this way, they are dragging the planet into a GLOBAL depression!

All for the sake of power.

AF catfish, I was wondering what the deal was. But I guess it cannot be repeated to often.

Obama is authoritarin left!

Amen brother.