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Choosing who to vote for... (LONG)
I know there are supposed to be many in this country who have not yet made their decision on who to vote for the office of President of the USA, but I doubt there are many that frequent this board who have not yet made up their mind.
But in the event your choice is NOT Senator John McCain, I would like to share this letter that was shared with me. If you choose to respond to this posting, please do so with LOGIC, not rants... not name calling... failure to follow the forum decorum rules about attacks on members will not be tolerated and I will nuke (not censor) your post. Respond with logic, and your post will be left for all to read. If we are nothing else on this forum, we have a reputation for being well mannered, and civilized... step out of that definition, and the moderator hammer will fall swiftly... Speak your mind honestly, and with good manners and you have to opportunity to share your political beliefs where hundreds if not thousands can read them. Here is the letter I am sharing with you... the facts speak for themselves... ======================================= (This is an impassioned letter from a 'nobody.' But he gives his personal information at the end.) Dear Friends: My name is Joe Porter. I live in Champaign, Illinois. I'm 46 years old, a born-again Christian, a husband, a father, a small business owner, a veteran, and a homeowner. I don't consider myself to be either conservative or liberal, and I vote for the person, not Republican or Democrat. I don't believe there are 'two Americaâ??s ' - but that every person in this country can be whomever and whatever they want to be if they'll just work to get there - and nowhere else on earth can they find such opportunities. I believe our government should help those who are legitimately downtrodden, and should always put the interests of America first. The purpose of this message is that I'm concerned about the future of this great nation. I'm worried that the silent majority of honest, hard-working, tax-paying people in this country have been passive for too long. Most folks I know choose not to involve themselves in politics. They go about their daily lives, paying their bills, raising their kids, and doing what they can to maintain the good life. They vote and consider doing so to be a sacred trust. They shake their heads at the political pundits and so-called 'news', thinking that what they hear is always spun by whom ever is reporting it. They can't understand how elected officials can regularly violate the public trust with pork barrel spending We are in the unique position in this country of electing our leaders. It's a privilege to do so. I've never found a candidate in any election with whom I agreed on everything. I'll wager that most of us don't even agree with our families or spouses 100% of the time. So when I step into that voting booth, I always try to look at the big picture and cast my vote for the man or woman who is best qualified for the job. I've hired a lot of people in my lifetime, and essentially that's what an election is - a hiring process. Who has the credentials? Whom do I want working for me? Whom can I trust to do the job right? I'm concerned that a growing number of voters in this country simply don't get it. They are caught up in a fervor they can't explain, and calling it 'change.' 'Change what?' I ask. 'Well, we're going to change America' they say. 'In what way?' I query. 'We want someone new and fresh in the White House', they exclaim. 'So, someone who's not a politician?' I ask. 'Uh, well, no, we just want a lot of stuff changed, so we're voting for Obama', they state. 'So the current system, the system of freedom and democracy that has enabled a man to grow up in this great country, get a fine education, raise incredible amounts of money and dominate the news and win his party's nomination for the White House - that system's all wrong?' 'No, no, that part of the system's okay - we just need a lot of change.' And so it goes. 'Change we can believe in.' Quite frankly, I don't believe that vague proclamations of change hold any promise for me. In recent months, I've been asking virtually everyone I encounter how they're voting. I live in Illinois, so most folks tell me they're voting for Barack Obama. But no one can really tell me why - only that he's going to change a lot of stuff. 'Change, change, change.' I have yet to find one single person who can tell me distinctly and convincingly why this man is qualified to be President and Commander-in-Chief of the most powerful nation on earth - other than the fact that he claims he's going to implement a lot of change. We've all seen the emails about Obama's genealogy, his upbringing, his Muslim background, and his church affiliations. Let's ignore this for a moment. Put it all aside. Then ask yourself, 'What qualifies this man to be my president? That he's a brilliant orator and talks about change?' CHANGE WHAT? Friends, I'll be forthright with you - I believe the American voters who are supporting Barack Obama don't have a clue what they're doing, as evidenced by the fact that not one of them - NOT ONE of them I've spoken to can spell out his qualifications. Not even the most liberal media can explain why he should be elected. Political experience? Negligible. Foreign relations? Non-existent. Achievements? Name one. Someone who wants to unite the country? If you haven't read his wife's thesis from Princeton, look it up on the web. This is who is lining up to be our next First Lady? The only thing I can glean from Obama's constant harping about change is that we're in for a lot of new taxes. For me, the choice is clear. I've looked carefully at the two leading applicants for the job, and I've made my choice. Here's a question - 'Where were you five and a half years ago? Around Christmas 2002. You've had five or six birthdays in that time. My son has grown from a sixth grade child to a high school graduate. Five and a half years is a good chunk of time. About 2,000 days. 2,000 nights of sleep. 6, 000 meals, give or take.' John McCain spent that amount of time, from 1967 to 1973, in a North Vietnamese prisoner-of-war camp. When offered early release, he refused it. He considered this offer to be a public relations stunt by his captors, and insisted that those held longer than he should be released first. Did you get that part? He was offered his freedom, and he turned it down. A regimen of beatings and torture began. Do you possess such strength of character? Locked in a filthy cell in a foreign country, would you turn down your own freedom in favor of your fellow man? I submit that's a quality of character that is rarely found, and for me, this singular act defines John McCain. Unlike several presidential candidates in recent years whose military service is questionable or non-existent, you will not find anyone to denigrate the integrity and moral courage of this man. A graduate of Annapolis, during his Naval service he received the Silver Star, Bronze Star, Purple Heart and Distinguished Flying Cross. His own son is now serving in the Marine Corps in Iraq . Barack Obama is fond of saying 'We honor John McCain's service...BUT...', ...which to me is condescending and offensive - because what I hear is, 'Let's forget this man's sacrifice for his country and his proven leadership abilities, and talk some more about change.' I don't agree with John McCain on everything - but I am utterly convinced that he is qualified to be our next President, and I trust him to do what's right. I know in my heart that he has the best interests of our country in mind. He doesn't simply want to be President - he wants to lead America, and there's a huge difference. Factually, there is simply no comparison between the two candidates. A man of questionable background and motives who prattles on about change can't hold a candle to a man who has devoted his life in public service to this nation, retiring from the Navy in1981 and elected to the Senate in1982. Perhaps Obama's supporters are taking a stance between old and new. Maybe they don't care about McCain's service or his strength of character, or his unblemished qualifications to be President. Maybe 'likeability' is a higher priority for them than 'trust'. Being a prisoner of war is not what qualifies John McCain to be President of the United States of America - but his demonstrated leadership certainly DOES. Dear friends, it is time for us to stand. It is time for thinking Americans to say, 'Enough.' It is time for people of all parties to stop following the party line. It is time for anyone who wants to keep America first, who wants the right man leading their nation, to start a dialogue with all their friends and neighbors and ask who they're voting for, and why. There's a lot of evil in this world. That should be readily apparent to all of us by now. And when faced with that evil as we are now, I want a man who knows the cost of war on his troops and on his citizens. I want a man who puts my family's interests before any foreign country. I want a President who's qualified to lead. I want my country back, and I'm voting for John McCain. Phone: 760.434.1395 ===================== ladies and gentlemen, ... the floor is open for civilized discussion. |
No argument here.....
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Amen.....
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McCain!
My wife and I voted for Sen. McCain yesterday. He was not my first choice, but I beleive he is the only choice now!
Mike and Ruthie:grr: |
There's not really a choice here. You want your GUNS AND YOUR GUN RIGHTS, to be able to keep your collection and its value . There is only ONE CHOICE McCain. Not saying he's right on all issues . BUT HE"S ON OUR SIDE. Hate to say what I really feel but I would be removed from this wonderful forum. Its truly amazing that we really can't say what's on our minds . Because now everything is politalical in correct like my spelling.
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Well, below is an open letter from the Executive Director of the Illinois State Rifle Association. Since Obama is the Senator from Illinois, one would suspect the author of this letter knows what he is talking about.
Mauser720 - Ron ************************************* Illinois State Rifle Association Executive Director Richard Pearson Issues Open Letter to Nation's Sportsmen Regarding Obama's History in the Illinois Senate CHICAGO, Oct 15, 2008 /PRNewswire-USNewswire via COMTEX/ -- The following is the text of an open letter to the nation's hunters and sportsmen issued today by Illinois State Rifle Association Executive Director Richard Pearson: Fellow Sportsman, Hello, my name is Rich Pearson and I have been active in the firearm rights movement for over 40 years. For the past 15 years, I have served in the Illinois state capitol as the chief lobbyist for the Illinois State Rifle Association. I lobbied Barack Obama extensively while he was an Illinois State Senator. As a result of that experience, I know Obama's attitudes toward guns and gun owners better than anyone. The truth be told, in all my years in the Capitol I have never met a legislator who harbors more contempt for the law-abiding firearm owner than does Barack Obama. Although Obama claims to be an advocate for the 2nd Amendment, his voting record in the Illinois Senate paints a very different picture. While a state senator, Obama voted for a bill that would ban nearly every hunting rifle, shotgun and target rifle owned by Illinois citizens. That same bill would authorize the state police to raid homes of gun owners to forcibly confiscate banned guns. Obama supported a bill that would shut down law-abiding firearm manufacturers including Springfield Armory, Armalite, Rock River Arms and Les Baer. Obama also voted for a bill that would prohibit law-abiding citizens from purchasing more than one gun per month. Without a doubt, Barack Obama has proven himself to be an enemy of the law abiding firearm owner. At the same time, Obama has proven himself to be a friend to the hardened criminal. While a state senator, Obama voted 4 times against legislation that would allow a homeowner to use a firearm in defense of home and family. Does Barack Obama still sound to you like a "friend" of the law-abiding gun owner? And speaking of friends, you can always tell a person by the company they keep. Obama counts among his friends the Rev. Michael Pfleger - a renegade Chicago priest who has openly called for the murder of gun shop owners and pro-gun legislators. Then there is his buddy Richard Daley, the mayor of Chicago who has declared that if it were up to him, nobody would be allowed to own a gun. And let's not forget Obama's pal George Soros - the guy who has pumped millions of dollars into the UN's international effort to disarm law-abiding citizens. Obama has shown that he is more than willing to use other people's money to fund his campaign to take your guns away from you. While a board member of the leftist Joyce Foundation, Barack Obama wrote checks for tens of millions of dollars to extremist gun control organizations such as the Illinois Council Against Handgun Violence and the Violence Policy Center. Does Barack Obama still sound to you like a "friend" of the law-abiding gun owner? By now, I'm sure that many of you have received mailings from an organization called "American Hunters and Shooters Association(AHSA)" talking about what a swell fellow Obama is and how he honors the 2nd Amendment and how you will never have to worry about Obama coming to take your guns. Let me make it perfectly clear - everything the AHSA says about Obama is pure hogwash. The AHSA is headed by a group of left-wing elitists who subscribe to the British view of hunting and shooting. That is, a state of affairs where hunting and shooting are reserved for the wealthy upper-crust who can afford guided hunts on exclusive private reserves. The AHSA is not your friend, never will be. In closing, I'd like to remind you that I'm a guy who has actually gone nose to nose with Obama on gun rights issues. The Obama I know cannot even begin to identify with this nation's outdoor traditions. The Obama I know sees you, the law abiding gun owner, as nothing but a low-class lummox who is easily swayed by the flash of a smile and a ration of rosy rhetoric. The Obama I know is a stony-faced liar who has honed his skill at getting what he wants - so long as people are willing to give it to him. That's the Barack Obama I know. The ISRA is the state's leading advocate of safe, lawful and responsible firearms ownership. Founded in 1903, the ISRA has represented the interests of millions of law-abiding Illinois firearm owners. This press release was posted on PRnewswire. |
BOGEYB.....come on over, put about 500 pounds of moose in the freezer last month......
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John, I voted against NoBama. John McCain is not the BEST choice..He is the only choice we have at present. Frankly, all politicians are liars and crooks. The Republicans have squandered the last 8 years, spent money that makes drunken Sailors look conservative an in gereral made a mockery of what true Repubilcans stand for. Sarah Palin is the only breath of fresh air to come out of this dismal campaign. Actually the whole affair disgusts me.
I honestly do not believe NoBama can get enough votes to prevail to the Presidency. It takes much more than young idiots and black people to elect a President. I still firmly believe Americans have not been dumbed down far enough...YET. NoBama is an empty suit..bought and paid for. A pretty face, a puppet on a string that is looking for a mandate to destroy America and remold it in his image, or the image of his handlers. Kick back and relax. It won't happen this time. Jerry Burney |
I wish I were that confident.
Here in So. Fla. the number of middle aged whites with Obama paraphenalia on their cars is truly shocking. The libs are amazingly easy to manipulate since they have no core values or beliefs to anchor themselves with and will blow whichever way their beloved media and hollywood tells them to. (Who can forget the hilarious if it weren't so sad internet clip were this group went around to all the typical lib/green gatherings and conventions and amassed thousands of signatures on a petition to ban AIR or oxigen?)! The country's media has overwhelmingly suported the left, running never-ending harrasing stories trying to destroy Sarah Palin and our party when they should have concentrated on the disturbing issues being proposed by their pet party and the disturbing past of many of its members. I believe there is more than one member of this board who currently plan to vote for obama, as hard as this is to believe. Believe me, they are among us!! I've spoken to a number of people I though I knew who plan to do the same. The media have SUCCESSFULLY managed to get the majority of the population to believe that the current economic situation is ALL George Bush's fault, when any thinking person knows it derives from easy spending and easy credit plus PC social programs that date back to the Carter administration and culminate with today's shameful congressional lineup. Make no mistake, we are in serious danger right now and a complacent attitude is not what I can personally allow myself. Get out and help campaign. Hand out flyers, go to your nearest McCain HQ and ask how you can help. It is the only way to counter the millions pouring into obama coffers from the middle east and elsewhere. Believe me, enough people have been educated in our leftist public school system and indoctrinated by our leftist media to turn this thing on us. We have not lost our country yet, but we are right on the brink of a precipise and it is only a matter of time unless we all DO something!!!! |
There is one thing that I have not figured out yet. Both candidates claim lower or same tax. Well, this country is running under trillions of deficit, losing billions in "free trade" every month. Grandfathers are spending grandsons money. What will be their magic? Just print green legal tender and export debt?
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John Thanks for posting this. I think that it is a very good eye opener...
Russ |
The media had Reagan down in the polls right up to election day we all know what happen he won by a land slide.
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Just like the Busch - Kerry election. The libs had Kerry everything but declared the winner on election day, until after 5PM when the Republicans, who all WORK for a living were able to get to the polls.
I am amazed by the film of the early voting lines here. Overwhelmingly welfare cases or young ignorants who don't have a job to report to. |
John, thank you. An excellent post
Alvin, first, the President does NOT set the taxes, Congress does. The President can recommend a bill or veto one he does not like, but he does not have the power to levy taxes. That detail aside you make an excellent point. Someone must pay the piper. Usually it's the corporations who just pass it on; the rich who often can pass it on; and the middle class who pay the taxes and the passed on costs. Also the taking the hit are lower income groups who may pay little taxes but who the passed on costs hit the hardest. |
I think most folks are middle ground and going to either extreme, well, I just don't get it; the world isn't black and white to me.... My neighbor has a McCain sign in his yard and a hand written sign that says "no monkey buisness"..... If thats not racially motivated than I am unsure what else is. He's a nice guy, but its also one reason that many blacks want to see a man of color in charge. That said, looking at the facts, Bush has messed up our economy and I don't agree with the war, but as a MAN, he has my admiration, I have heard he treats military and secret service with honor and he has always had respect for people of color and women. I think he has done more for that in his 8 years than any other president by appointmenting folks on their MERITS, not their color or gender IMHO. ed |
Ed -
Well said. Here's something I received from Brownell's, the gunsmith supplies company: ******************************* A Gun Owner's Political Backup Plan It's barely a week before the election that determines the direction of our country for the next four years. If you believe the polls, the presidential race appears to favor an anti-gun candidate, and gun owners have good reason to be concerned. What's our backup plan? As head of the federal government, the President has a lot of power, but remember that Congress actually makes the laws we live by. The outcomes of critical U.S. House and Senate races on Nov. 4 will be as important for the future of our Second Amendment rights as who wins the White House. Our votes-and our dollars-make a much larger impact in these races than the run for President. Even if the Presidential race doesn't go the way you want, you can still have plenty of influence on how our country is governed in the coming years. This also means that a crucial Congressional race in a different state may also have a huge impact on your Second Amendment rights. A great example of a candidate who will vigorously represent gun owners everywhere is Jim Gilmore, running for U.S. Senate from Virginia. From his deep commitment to the NRA and fantastic service on its Board, we can tell you Jim will be a strong Second Amendment Senator. If Jim gets elected, we all win, regardless of where we live. We need people like Jim Gilmore in Congress - regardless of who wins the White House. Many other good pro-gun House and Senate candidates are fighting tough races, as they put on a full-court press this week into the late hours of next Monday. They need our help. Something you can do today is make small donations to some of these Senate and House candidates (up to $2,300 for federal races). Pick the ones that represent your values and the way of life you want protected. They can accept donations from anyone anywhere in the country, and all of them have websites, like Jim Gilmore's www.jimgilmoreforsenate.com, where you can make your donation today. This is how we do it: 1. Review the Electoral Vote website to find close races. a. Senate Races b. House Races 2. Check the NRA's ranking of the candidates at www.NRAPVF.org 3. Find Senate and House candidates who will represent our firearms rights, and donate to their campaigns. Please join us in taking positive action right now, while there's still time, before next Tuesday. Support pro-gun candidates for Congress, and help defend our gun-owning rights against possible negative fallout from the Presidential election. Frank & Pete Brownell *************************** Mauser720 - Ron |
As for "Bush has messed up our economy..." this is probably correct in the limited context of his past unwillingness to veto outrageous spending by both parties. He must also be given credit for having been the only American politician over the past seven years to actually take steps to kick the economy in the ass and get it going. Sadly in his attempts at this he was successful only in the tax cuts. His attempts early on to reign-in Freddie Mac and Fannie May as well as really reform social security met with ridicule and demagoguery from the democrats and indifference from the Republicans.
Since democrats never change, it is my opinion that all the mess we are dealing with today one can lay square at the feet of the past Republican majority in both houses of Congress. They had the ability to curb and control Bill Clinton for six years and did a fairly decent job of it. When their party took the Whitehouse they acted like a bunch of fraternity boys on an endless drunken weekend. They got what they deserved in '06 and it had nothing to do with Bush and Iraq. |
If I could vote in the US, I would vote Obama. My collection is important to me, and I do not think that the current firearm regulations will worsen after Obama wins. Maybe laws will be tightened for modern firearms which could be used in crimes, but there is no reason to change regulations for curio and relics.
For the sake of the people of the US and the entire world, I believe that an Obama administration would do a better job than compared to a McCain administration. That 'cowboy' Bush made a major mistake invading Iraq based on false and misleading intelligence and the reason of the invasion has has nothing to do with freedom and other wrong excuses - in my opinion, America does not need another cowboy or somebody with a Rambo attitude and a 'pig wearing lipstick' without knowing how to deal with international issues - Paline does not have the strength and intelligence of other female politicians in the world and I doubt that she will be respected in the international community - she is all mouth and no substance. I acknowledge that Rice is a woman, however, she is Bush's parrot on international affairs. If she had followed a similar path taken by General Powell, I would have supported her role in government. Sadly, the Bush administration has spoiled the reputation and creditability of the US which explains why many countries now dislike the US. Furthermore, look at the mess of the US economy which was created by the Bush's administration lose and careless economic policies and I do not see a bright future ahead with McCain in the drivers seat. I might receive many negative remarks, but this is the fact at the moment. You are paying the price of a previous terrible administration. Albert |
Albert, I vigorously disagree with you on almost all of your points, although I respect your rights to your opinion.
We have not had a major terrorist attack on US soil since 9/11/2001. I propose that is largely due to President Bush chosing to fight them in Iraq and Afganistan. Govenor Palin has the highest approval rating in her home state of any sitting govenor, 70% I believe. And that is among the people who know her best. Referring to her as a "pig wearing lipstick" is out of character for you. Having watched gun owners rights erode in this country under one liberal democratic administration after another, I think the premise that collectors rights would not be affected is seriosly flawed. Gun shows and C&R lcenses would be among the first things to go. You need to review Mr. Obama's actual record in the gun control area. He holds no exceptions for "curios and relics." He is opposed to all military style firearms. |
With Obama as President, Nancy Pelosi as Speaker of the House, Harry Reid as Senate majority leader, the 3 of them Liberal without doubt and wanting to ban guns, I can assure you, guns will be banned (that is to include Curios and Relics, single shot rifles and shotguns, all handguns and black powder firearms).
Harry Reid may be a gun owner but he will tow the Party line. The choice is clear for me. |
Albert, as do the French, Americans typically vote the interests of their own country rather than the interests of the international community as a whole.
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Truer Words were never spoken...........
http://www.miamiherald.com/opinion/l...ry/723792.html ADMIN: This is from the opinion pages. |
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An Item from Cnet.news to help you make up your mind (if you haven't already):
(reference: http://news.cnet.com/8301-13578_3-10075746-38.html ) Govt. data on 'Joe the Plumber' illegally accessed? Government computers in Ohio may been used to illegally access personal information about Samuel Joseph Wurzelbacher, otherwise known as "Joe the Plumber," according to the Columbus Dispatch. During their October 15 debate, presidential candidates Barack Obama and John McCain referred to "Joe the Plumber" constantly. In the days following the debate, information on Wurzelbacher's driver's license or his sport utility vehicle was retrieved from the Ohio Bureau of Motor Vehicles database three times, the Dispatch reported. With access to such information limited to legitimate law enforcement and government business, state and local officials are now investigating whether the information was obtained illegally. The information was retrieved using accounts assigned to the Ohio attorney general's office, a county child support enforcement agency, and the Toledo Police Department, according to the report. An Ohio spokesman for the McCain campaign told the Dispatch that the information breach may have been politically motivated. "It's outrageous to see how quickly Barack Obama's allies would abuse government power in an attempt to smear a private citizen who dared to ask a legitimate question," Paul Lindsay told the Dispatch. The Obama campaign refuted those claims. "Invasions of privacy should not be tolerated," Isaac Baker, an Obama spokesman, told the Dispatch. "If these records were accessed inappropriately, it had nothing to do with our campaign and should be investigated fully." ======================= Yeah let's just get this investigation done before Nov. 4th! Guess which party the current Ohio Attorney General is a member of... |
Albert. Listen to what Ron Wood has to say. He just scratched the surface. Look at who has reaped the benafits of deregulateing the banking system and Fanni may and freddy mac. Done by the clinton administration.
Russ |
Here is a little more reading if you are intrested in why we are in this mess.....
-------------------------------------------------------------------------------- Subject: HOW WE GOT INTO THIS MESS HAVE YOU EVER WONDERED HOW THE CURRENT MORTGAGE AND FINANCIAL CRISIS DEVELOPED? JUST SCROLL DOWN AND READ THE FOLLOWING ARTICLE. IT REALLY MAKES YOU SICK ABOUT UNCONTROLLED POLITICS. . . . AND TO THINK THAT SOME PEOPLE WERE ABLE TO ENRICH THEMSELVES TREMENDOUSLY. . .AND OTHERS WHO WERE THE SUPPOSED BENEFICIARIES OF GOVERNMENT LARGESS, ULTIMATELY, ARE MADE TO SUFFER EVEN MORE. . NOT TO MENTION THE RIPPLING EFFECTS ON THE FINANCIAL STRUCTURES OF OTHER COUNTRIES. AND WE TAXPAYER CITIZENS AND OUR CHILDREN AND OUR GRANDCHILDREN HAVE TO PAY FOR THIS WHOLE MESSY AND EXHORBITANTLY EXPENSIVE BUSINESS. WHERE IS THE JUSTICE IN THIS SITUATION? Check out the videos at the end! 1977: Pres. Jimmy Carter signs the Community Reinvestment Act (CRA) into Law. The law pressured financial institutions to extend home loans to those who would otherwise not qualify. The Premise: Home ownership would improve poor and crime-ridden communities and neighborhoods in terms of crime, investment, jobs, etc. RESULTS: Statistics bear out that it did not help. How did the government get so deeply involved in the housing market? Answer: Bill Clinton wanted it that way. 1992: Republican representative Jim Leach (IO) warned of the danger that Fannie and Freddie were changing from being agencies of the public at large to money machines for the principals and the stockholding few. 1993: Clinton extensively rewrote Fannie Mae and Freddie Mac's rules, turning the quasi-private mortgage-funding firms into semi-nationalized monopolies dispensing cash and loans to large Democratic voting blocks and handing favors, jobs, and contributions to political allies. This potent mix led inevitably to corruption and now to the collapse of Freddie and Fannie. 1994: Despite warnings, Clinton unveiled his National Home-Ownership Strategy which broadened the Community Reinvestment Act (CRA) in ways congress had never intended. 1995: When Congress about to change from a Democrat majority to Republican, Clinton ordered Robert Rubin's Treasury Dept to rewrite the rules. Robt. Rubin's Treasury reworked rules, forcing banks to satisfy quotas for sub-prime and minority loans in order to get a satisfactory CRA rating. The rating was key to expansion or mergers for banks. Loans began to be made on the basis of race and little else. 1997 - 1999: Clinton, bypassing Republicans, enlisted Andrew Cuomo, then Secretary of Housing and Urban Development, allowing Freddie and Fannie to get into the sub-prime market in a BIG way. Led by Rep.Barney Frank and Sen. Chris Dodd, congress doubled down on the risk by easing capital limits and allowing them to hold just 2.5% of capital to back their investments vs.10% for banks. Since Freddie and Fannie could borrow at lower rates than banks, their enterprises boomed. With incentives in place, banks poured billions in loans into poor communities, often "no doc", "no income", requiring no money down and no verification of income. Worse still was the cronyism: Fannie and Freddie became home to out-of work-politicians, mostly Clinton Democrats. 384 politicians got big campaign donations from Fannie and Freddie. Over $200 million had been spent on lobbying and political activities. During the 1990's Fannie and Freddie enjoyed a subsidy of as much as $182 Billion, most of it going to principals and shareholders, not to poor borrowers, as claimed. Did it work? Minorities made up 49% of the 12.5 million new homeowners, but many of those loans have gone bad and the minority homeownership rates are shrinking fast. 1999: New Treasury Secretary, Lawrence Summers, became alarmed at Fannie and Freddie's excesses. Congress held hearings the ensuing year but nothing was done because Fannie and Freddie had donated millions to key congressmen and radical groups, ensuring no meaningful changes would take place. "We manage our political risk with the same intensity that we manage our credit and interest rate risks," Fannie CEO Franklin Raines, a former Clinton official and current Barack Obama advisor, bragged to investors in 1999. 2000: Secretary Summers sent Undersecretary Gary Gensler to Congress seeking an end to the "special status". Democrats raised a ruckus as did Fannie and Freddie, headed by politically connected CEO's who knew how to reward and punish "We think that the statements evidence a contempt for the nation's housing and mortgage markets" Freddie spokesperson Sharon McHale said. It was the last chance during the Clinton era for reform. 2001: Republicans try repeatedly to bring fiscal sanity to Fannie and Freddie but Democrats blocked any attempt at reform; especially Rep. Barney Frank and Sen Chris Dodd who now run key banking committees and were huge beneficiaries of campaign contributions from the mortgage giants. 2003: Bush proposes what the NY Times called "the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago". Even after having discovered a scheme by Fannie and Freddie to overstate earnings by $10.6 billion (in order to boost their bonuses), the Democrats killed the attempt to reform. 2005: Then Fed chairman Alan Greenspan warned Congress: "We are placing the total financial system at substantial risk". (His warning proved to be true.) With two others, Sen.McCain co-sponsored a Fannie/Freddie reform bill and said, "If congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, to the overall financial system and to the economy as a whole". Sen. Harry Reid accused the GOP of trying to "cripple the ability of Fannie and Freddie to carry out their mission of expanding homeownership" The bill went nowhere. 2007: By this time Fannie and Freddie owned or guaranteed over HALF of the $12 trillion US mortgage market. These mortgage giants, whose executive suites were top-heavy with former Democratic officials, had been working with Wall St. to repackage the bad loans and sell them to investors. As the housing market fell in '07, subprime mortgage portfolios suffered major losses. The crisis, which took 15 years in the making, was on. 2008: McCain had repeatedly called for reforming the behemoths, Bush had urged reform 17 times. Still the media have continued to repeat the Democrats' talking points about this being a "Republican" disaster. True that a few Republicans are complicit, but the long and the short of it is that Fannie and Freddie were: Created by Democrats, regulated by Democrats, largely run by Democrats, and protected by Democrats And now taxpayers are being asked for $700 billion!! For whom? For Wall Street? For Mortgage insurance companies? For poor home owners? Or to protect culpable government officials? If you doubt any of this, just click the links below and listen to your lawmakers own words. They are self-condemning! http://www.youtube.com/watch?v=68D9X...eature=related http://www.youtube.com/watch?v=68D9X...eature=related http://www.youtubecom/watch?v=pIgqfM5C8lY http://www.youtube.com/watch?v=pIgqfM5C8lY http://www.youtube.com/watch?v=H9juJ...eature=related http://www.youtube.com/watch?v=H9juJ...eature=related POSTCRIPT: ACORN is one of the principle beneficiaries of Fannie/Freddie's slush funds. Both funds are currently under indictment or investigation in many states. Barack Obama served as their legal counsel, defending their activities for several years. Feel free to share this with everyone you know. Send it. Print it. Talk about it. America needs to know!!! Below is the link to the IDB editorial that the author of the above article used to develop the chronological dates leading to where we are today. http://www.ibdeditorial.com/IBDArtic...7149667289804_ http://www.ibdeditorial.com/IBDArtic...07149667289804) |
Russ, the story about Obama and the flag is not true, and has come out in several variations;
http://www.truthorfiction.com/rumors/o/obama-pin.htm http://www.snopes.com/politics/obama/stance.asp |
Sorry Russ, but your posting about disarming America from Dale Lindsborg ,
at the washington post has been proven to be false by Snopes. com because Obama did not appear on Meet the Press on that September Sunday. http://www.snopes.com/politics/obama/stance.asp Please verify your facts before you post them. As much as I don't want the Democrats to win this election, we have to be sure that our arguments are valid. I guess that Fast Ed Tinker must have been typing while I was researching the facts for this post... :D |
I guess I should of not jumped the gun ...I will delete it..
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Without offending anybody's beliefs or religion, 'it is a bitter pill to swallow' to recognize that the 911 tragedy was the result of the long term support (politically and military) to the Jews by the previous American administrations allowing the Jewish government the free hand to seize lands from the Palestine people and making them into poor refugees. If the next administration continues on the same course without trying to solve this central problem, it is my opinion that somebody will learn what it means 'to be out touch' and the US will continue to be a target for another attack on the mainland or overseas. This is an escalating fact and not to be 'sugar coated' with other wrong opinions. If McCain keeps a closed door policy on this matter and reckons that the problem is in Iraq where a battle ground was created on Arab land, the infection will continue to grow. We westerners do not feel the pain of those thousands of (innocent) people who have been killed or seriously wounded because of America's wrong decisions and policies. During the Cold War, Israel was America's nearest ally against the Russians, but this period had pasted - now it is returning again as a result of excessive NATO expansion. Let the people of each country set their course without the US becoming to involved in other foreign matters.
Most people on forums discuss this topic with their hobby in mind and they do not want to look at the wider issues in a neutral manner. If this world could ever become a peaceful place, I would gladly reduce the attention that I place on my collection and direct it to the people who need more care and consideration instead of wasting money on bombs and bullets. McCain is a politican who carries a 'loaded gun' because he wants to continue the war in Iraq and I believe that this is a dangerous game which could back-fire. As a team effort, I believe that Obama-Biden will be a much better team than compared to McCain-Paline. I believe that credit should be given to Bill Clinton for nearly reaching an agreement for a road map to the Middle East situation, and also giving the US a strong economy when he was in office. I do not believe that it took eight years for the bubble to finally burst without putting any blame on the Bush administration. Albert |
Ah yes it's the Jews of course who are behind all the world's problems. Now Albert's position is much more clear.
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How exactly do the Israelis reach an agreement with a group that has Israel's utter destruction as part of its "constitution"?
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Don't misunderstand me that I have a dislike for the Jews, but I do recognize that the israeli-Palestinian conflict is the main issue which must be resolved and not continue to use Iraq and Iran a distraction. In fact, one of my best friends is half Jewish and we respect each others views/opinions.
The Iranians will never use a nuclear bomb on Isaeli causing the death of thousands/millions of Arabs in neigbouring countries. Before the American administration becomes too worried about Iran, with many US politicians repeatedly bringing up the same old motivation of Iran wanting to destroy Israel, the US administration should first finish their negotations with the North Koreans who were much closer to building a nuclear bomb who could threaten to use it against the US or South Korea. I am surprised that the American administration do not do a damn thing against the Russians who are helping the Iranians to build their nuclear plants. I wonder why? Albert |
Let me see if I understand this argument. The UN sets up a country for Israel and a country for the Arabs over 50 years ago. The Palestinians do not like the idea of Israel being a country so they immediately try to destroy it. The are unsuccessful time after time, starting wars and losing the war and teritory to Israel. Russia begins to support the Palestinians and the US supports the Israelis. The Palestinians and alimited coalition of other Arab countries and the Russians lose again.
Having demonstrated a renowned lack of prowess at organized warfare the Palestinian/Arabs place more and more reliance on terrrorism, a tactic that had been used early on by the Israelis. Terrorism does not acheive much against the Israelis so a subgroup of the Arabs (NOT all of the Arabs) make this a religious war and focus on the US as the great patron of Christianity, or the great Satan or whatever. Well then, Albert, if that is the kind of realpolitik you support then I would offer that Iraq and Afaganistan are exactly the appropriate retribution from the US to those countries who chose to defy the US. They should be thankful we did not react in the way Al Queda or Sadam Hussein would have reacted toward Israel if they had the power. The US is the leading power in the world. The current economic crisis reinforces that. If we stumble, the world shakes. Europe should get used to the fact they could handle niether the Germans nor the Russians on their own. The Soviet Union was defeated by the US, not the common market. They want Obama because he would level the playing field by strapping the US with "wealth redistribution." |
A Headline today on Yahoo News:
"North Korea's military threatened on Tuesday to use everything in its arsenal to reduce South Korea to rubble unless Seoul stops civic groups from sending anti-Pyongyang leaflets into the communist state." Do I hear destruction or saber-rattling? What is the difference between this threat from the North Koreans and the so-called threat from the Iranians who call for the destruction of Israel? I suppose that the North Korean threat is more serious, except it is not in an area where the American's have today a large national interest - OIL (Black Gold)!! America will be dependent on oil for a long, long time while the Russians are becoming a main supplier of oil (to Europe). The US is indeed the leading power of the world, but have you ever heard of 'abuse of power'? Eventually, the Chinese will become the world economic power (and maybe military power as well) because the Americans are seen as greedy and arrogant. I do not support any form of politics (I prefer to be independent), but I am able to understand how wrong policies can bring about terrible situations. I reckon that Israel and the Palestinians can live side-by-side, but somebody needs to use their weight and stop this sh** in a diplomatic way. However, I guess that the Americans do not want peace in the Middle East because they prefer to label some countries as terrorist-supporting states without making any attempt to start a dialogue to bring about peace. The American government is always demanding for the 3C's - "conditions, conditions, conditons" before any dialogue begins!! (I do not mean conditions as regards to 'condition i.e. near mint'!) Albert |
Albert, I am unsure why you "call" America home (you list "Florida"), as you don't sound very happy about it, let alone you stated you can't vote; thus are not an American?
Why should America do ANYTHING about North Korea? They aren't our neighbor and why don't you say (from whatever country you do call home and where you can vote in your own country); that YOUR country should go to the Middle East or Korea? Not sure why folks think its the USA's problem, then raise hell about how we do it. It is very convienent of other countries to ask us to risk life and limb for them.... Ed |
Why do all foreigners bring up the US's "National Interest" as if it were a dirty word?
I have news for you, Albert, ALL countries act out of national Interest, including wherever you originate from. As far as North Korea is concerned, (aside from our legitimate NATIONAL INTEREST in being more concerned over our oil supplies), we are less concerned about North Korea because its track record has always been one of chest pounding and saber rattling within its own borders. Today it poses no real threat to its neighbors simply because it knows China (forget the US or UN), would crush it should it upset the global apple cart, (and North Korea knows China, unlike the rest of the world, could not care less about world opinion should it invade). Iran, on the other hand, is ruled by religious zealots who have actively called for our and Israel's destruction and who have repeatedly crossed its borders or funded surrogates to do harm abroad. They are unstable and are ruled by religious passion rather than common sense, and have proved this repeatedly. They are willing to risk self-destruction to strike out at the infidels. This tenet alone makes them infinitely more dangerous than North Korea, who IS interested in self-preservation and worthy of a preemptive nuclear strike from the US at some time in the future. You really need to study world politics more thoroughly |
Alberet,
Let me expand further on your comments; "The US is indeed the leading power of the world, but have you ever heard of 'abuse of power'? Eventually, the Chinese will become the world economic power (and maybe military power as well) because the Americans are seen as greedy and arrogant." Gee, I never hear these comments when we are pouring millions into their country after a natural disaster or to shore up their economy or defend them against an aggressive neighbor! Any foreigner who thinks we are greedy and arrogant is an ungrateful, envious ass. We are the most generous people in the world, who have shared more with others than all other countries combined. Let's see if you have the stones to answer a few simple questions; Where were you born? If you are foreign born, how long have you been in the US? Have you served in our military or in any capacity while a guest here? How have you contributed to the US's growth? My family has served the US in every war dating back to the war of 1812 I have two senators and one congressman in my family tree As Irish, we overcame vast distrimination upon our arrival, but built a useful place in society I am currently active in a number of civic associations and have involved my son as well. Families like mine built this country If you can't point to similar achievements, then you are one of the thousands who are here to merely exploit this country. And you still have the gall to bad mouth it? I wonder how similar comments directed at your homeland would be received back in your native land? |
Hello Ed,
I should have updated my profile to indicate that I now reside in El Salvador, Central America, but I shall be relocating to Europe in the Spring. Actually, I am German which means that I cannot vote in the US. Is Iraq your 'neighbour', or only after it was invaded by the US? Was Iraq an IMMINENT THREAT to the US while meetings were occurring at the United Nations Security Council regarding WMD's (do not include Israel who are quite capable of defending for themselves)? For your information, Iraq did not even have a missile system to fire WMD's at the US, unless we identify the US and Israel as 'one nation'. If the Bush administration could have waited another 30 days to allow the inspection process to continue, this war could have been avoided. Instead, the US could not wait any longer to allow the inspection process to be finally completed about Iraq having WMD's which they never found any stockpiles. During WWI and WWII, Imperial and Nazi Germany became evil, however, after the war, the civilian population knew the meaning of freedom and accepted it. With regards to the Arabs, they are a completely difficult culture which most Americans do not understand including their religion, faith, values and principles. American 'freedoms' are incompatible with those of the Arabs and America cannot impose themselves on other countries and religions. It is ironic how the US is the main force behind NATO, however, when it comes to Israel, the US will do everything to protect that country. For example, if the Russia decided to invade the Czech Republic because of the missile defence system that the US wants to station in that country, would the US come to their rescue or instead request other NATO European countries to repel an attack? It is obvious that the Bush administration plays its own 'card game' using the 'Bush Doctrine' which Paline could not properly answer during an interview! Was any of the 911 attackers from Iraq or Iran? NOPE! Most were from the other 'neighbour' named Saudi Arabia. The American people should accept the fact that the Bush administration seriously screwed up and tried to make all these lame excuses afterwards why they invaded a sovereign country! It was wise for Germany and many other European countries not be involved in the invasion of Iraq because Germany has no reason to be involved in the occupation of Iraq. If the Germany and any other European country needs oil from Iraq, they should buy it or trade something for it! Albert |
blah, blah.... I am always amazed at how I hear the same dribble from some europeans about how "americans" don't know this or that, like they do.
THIS POST IS CLOSED; AND PLEASE LET SLEEPING DOGS LIE.... IF IT GETS BROUGHT UP AGAIN, I WILL DELETE IT. |
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