Pretty Damning Video

Republicans call for reform of Fannie Mae and Freddie Mac in 2004 warning that a bailout could cost taxpayers dearly. Democrats say nothing is wrong.

Barack's Right Hand Man Wants More Pub

This is hilarious - a bit vulgar in places though so be warned. You tell him Tele.

When Warnings Fall on Deaf Ears

The mainstream media would have you believe that President George Bush is responsible for the economic crisis. The Republicans point fingers at the Democratic Congress. Regardless of which party you are aligned with, you are certainly tiring of the finger pointing. So who is correct?

In law school 101 they teach you to look through the static to find the facts and build your case around them. While members on both sides of the aisle are partly to blame, it would be disingenuine to claim that no one warned of Fannie Mae and Freddie Mac. Numerous warnings by President Bush and high ranking officials inside his cabinet fell on deaf ears, often being pushed to the background by Democratic Senators and Representatives who were, when viewed in the light most complimentary to them, trying to make sure low income families could be approved for home mortgages. In fact John McCain even sponsored legislation on May 25, 2006 to reform Fannie Mae and Freddie Mac, but the Democratic controlled Congress, including Barack Obama, voted it down.

The Republicans are not without fault in this fiasco. President Bush should have taken a page from Ronald Reagan's book...when all else fails - address the people. The bully-pulpit could have been used to raise attention and cause citizens to put pressure on their respective Senators and Representatives if he was that convinced of the cause.

So now America finds itself in a financial pickle because it's government has put it there. Now the taxpayers face a ominous decision of $700 billion of taxes or economic crisis. And now the same people that screwed the pooch are asking to babysit the kids. Thank goodness for the House Republicans and the 95 or so House Democrats who did something novel for a change - LISTENED.

Science vs. Survival

People are S T U P I D. Fox is reporting that the atom smasher will go back online in the spring and MOST scientist do not believe it has the ability to destroy the earth. It's the MOST thing that disturbs me. I don't know, maybe it's just me, but when I am creating a machine that is as powerful as this one appears to be I may want 100 % assurance that it's not going to end the world someday. Perhaps nukes in Iran are the least of our worries.

Too Easy to Make This Hard.

After watching the debates Friday evening I was fuming. I wasn't angered by Obama, but rather by McCain's ineptitude. John McCain needs to go on the offensive with Obama, not be his friend. Obama has so many skeletons in his closet that he could start an army of the undead, yet, McCain seemed to take the high ground and not mention them. John McCain needs to reach back for that soldier's attitude. He needs to go after Obama.

With a law degree under my belt, and having been in debates for the better part of my life, it was easy to see that Obama is a skilled debater. McCain is not. McCain should have addressed the bailout by explaining why he needed to go to Washington. He should have explained that before spending $700 billion in taxpayer money, he wanted to see if there was an alternative way of raising the money. He should have said that he is the one that has a history of reaching across the aisle to bring the sides together and this was needed. He should have also said that Obama probably was not needed since he has no history of bipartisan politics and then mentioned his 97% party line voting record.

McCain also should have had folded in his coat pocket a copy of his failed bill from 2005 which called for reform of Fannie Mae and Freddie Mac. When Obama made his quip about Obama having warned about FM and FM, McCain could have pulled that out and said, "Senator Obama warned, but took no action. I took action and Senator Obama voted against it." The election would have been over right there.

McCain should have used Obama's quote about US soldiers bombing and killing innocent civilians against him. He should have drawn on Obama's relationships with persons of questionable character. As Glenn Reynolds said on Instapundit, "its a target rich environment."

So Senator McCain, if you want to win this election, you need to be much better prepared. You need to be more aggressive. You need to harp on the negatives of Obama and make people affraid of him. I know I am affraid of him, it should be like shooting fish in a barrel.

I blew it - because McCain did.

Ok, so I blew it. I thought John McCain had this debate setup for success by being able to play the "Obama was gonna fund the $700 billion bailout with taxpayer dollars and I want to fund it with private money in the form of insurance payment" argument. He didn't. It was a mistake. Watching the debate with my wife last night I was fuming mad that he did not take advantage of what I viewed as a chance to turn the entire election in his favor. He should have described the proposed House Republican package in detail and how it is much more advantageous to taxpayers than the $700 billion bailout that Obama supported. This would have made McCain the advocate for the "common guy." It would have justified his going to Washington in the first place. Instead, he didn't even mention it. I agree with Dick Morris who said that McCain really blew it and needs to be more aggressive and less "honorable." Rudy Giuliani said that McCain didn't want to be seen as making political hay on the Washington trip, but it seems to me when you have a game changer like he would have had with the taxpayer bailout versus private bailout you play that card. Its akin to playing game seven of the World Series and not pitching your top pitcher despite his being well rested. You only get so many chances at this, I hope McCain didn't just blow the election.

Brilliant Simply Brilliant!

If this comes to fruition, then I get another "told you so." I would gladly forgo that boastful celebratory gesture however because if this happens, I think it wins the election for John McCain. I believe that John McCain and the House Republicans are working on trying to find a way to finance this $700 billion bailout largely or entirely with private money by giving sweetheart deals to investors. If this happens the Democrats will buck it at first forcing John McCain to figure out an alternative way of getting this passed - the court of public opinion. All polling data shows that Americans are overwhelmingly against this bailout because we do not wish to be on the hook for $700 billion in tax revenue. If McCain can boast of changing the bill to rid the people of this taxation bailout I believe he will vault to the Presidency. I also believe that he can attend the debates one way or the other tonight. He will either be able to boast of his accomplishments, or rally support from the public with an anti-taxation solution. IF - IF - IF this is what happens, either scenario is a win win for McCain.

More on Clinton praising McCain.

Clinton Lavishes Praise on McCain

TOLD YOU SO!

I have been trumpeting my gut feeling that Hillary Clinton and Bill Clinton were working beneath the scenes to secretly try to undermine Barack Obama. My reasons for believing this is because Hillary is a very ambitious lady. She wants to be president. She knows that if John McCain is elected she is in position to run as the Democrat front-runner in 2012 against likely Sarah Palin. She also knows that if Barack Obama is elected she must wait 8 years because she would not be able to oust an incumbent president.

Today Bill Clinton told Chris Cuomo of ABC News that the Democrats bear responsibility in the economic crisis because they "resisted any (and all) efforts by the Republican Congress and himself to tighten up the standards on Fannie Mae and Freddie Mac." (attached video around the 2:30 mark).

You should know by now that I have well documented Hillary's refusal to go after Sarah Palin despite Obama's plees for her to do so. I have well documented her "less than aggressive" attitude. I said when she pulled her name from the anti-Iran protest due to Sarah Palin's presence that it was a dumb political move for Obama, but not necessarily for her. New polls have shown that Hillary supporters have not fallen in the Obama camp since she left the race, but are still undecided because they are smart enough to know that she is tanking it.

The reality is that Hillary was mistreated by Barack Obama. He was sexist to her just as he has been to Palin. She also felt the wrath of the media and its' smear merchants. Hillary is bitter, but she is smart. She realizes her best way to get back at those who mistreated her is to win the presidency. This would kill two birds with one stone. It would satisfy her aspirations and it would put her in position to avenge those who mistreated her. Hell hath no fury like a woman scorned.

Hillary was not the only Clinton that the media and the Democratic Party angered. Bill Clinton was hammered on two sides of the aisle during the primaries. He was encouraged by Hillary supporters to stay away from her campaign. He was smeared by the Obama campaign. I also think former President Clinton was hurt by the media's coverage of Hillary and the overall sexist treatment she received. Now, the media has focused that attention on Palin.

One thing is becoming more apparent every day - the Clintons are NOT "all in" with the Obama campaign and the Democratic Party at the moment. Whether it's Hillary dogging it a bit, or Bill chastising the Democratic Party about the economy, the Clintons realize that in order to get a chance at national prominence again they must dispatch of their most dangerous opponent and his name is Barack Obama and not John McCain.

Bill Clinton: McCain did NOT do this for politics.

Bill Clinton said this morning in an interview with Matt Lauer that he does not believe that John McCain is playing politics over his refusal to attend the debate if the bailout is not finished. Clinton went on to say that he knows McCain isn't scared of the debate since he originally suggested many more debates that Barack Obama would not agree to. Clinton also admitted in retrospect that legislation passed during his administration which forced banks to give subprime loans to minority groups does not seem as prudent today as it did during his presidency. He said times were different then, but viewing it through the situation at hand changes things.

McCain Should Shout this from the Rooftops!

This is John McCain's speach in sponsoring a bill on May 25, 2006 in the U.S. Senate. He warns of the economic risks of Fannie Mae and Freddie Mac. Obama joined Democrats in killing the bill and now we face a $700 billion bailout as a result.

For years I have been concerned about the regulatory structure that governs Fannie Mae and Freddie Mac--known as Government-sponsored entities or GSEs--and the sheer magnitude of these companies and the role they play in the housing market. OFHEO's report this week does nothing to ease these concerns. In fact, the report does quite the contrary. OFHEO's report solidifies my view that the GSEs need to be reformed without delay.

I join as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190, to underscore my support for quick passage of GSE regulatory reform legislation. 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, the overall financial system, and the economy as a whole.

I urge my colleagues to support swift action on this GSE reform legislation.

Obama Cheating on Taxes or Just Making a Mistake?

This from Wilmette, "Earth Hour interfered with income tax preparation at our house last night, but we are pleased to report that we won't be attempting to characterize political contributions as charitable contributions on our US-1040. Barack and Michelle Obama did just that a couple of years ago when they deducted a $13, 107 political contribution to the Congressional Black Caucus as charitable contribution on their 2006 tax return."

Wall Street Journal says Deal could make Trillions for US

Contrary to most beliefs that the next president may not have enough money in the cauffer to do much of anything in the way of programs, there are some predicting this "bailout" will be very lucrative for the USA and give the next president a great windfall to work with.

The United States is Becoming Communistic

As a Tennessean I was extremely excited that the Presidential debates would be coming to the bright red state of Tennessee. I was even more excited at the thought that finally some "REAL" people would get to ask questions of the candidates. This time the Obama-backing media would have a counterbalance. Indeed, this time, this time John McCain would have a homecourt advantage so to speak. John McCain would be in the state that supports him most. Whats more, the McCain friendly crowd would get to ask some questions. I told my wife to arrange for someone to watch my beautiful baby twins because we are going to Nashville. I got the checkbook out, ready to pay whatever it took to be in attendance. I anxiously dialed the number to Belmont University in Nashville, only to be informed that the GALLUP ORGANIZATION controlled all tickets and would be distributing them as they saw fit. It was then that this dawned on me, I have been so worried that Barack Obama would bring communism or socialism to the United States, in reality, in this election year - the media already has.

Perfect Palinisms

I will admit that I love all the Chuck Norrisms floating around out there. With all due respect for Chuck Norris, and I believe the right-leaning actor will agree, it's time for some Sarah Palinisms. After all Sarah Palin's legend has grown faster than Davey Crockett's after the Alamo. So let's look at some of these.

* Before the Boogie-Man goes to bed, he checks under his bed and in his closet for Sarah Palin.

* Sarah Palin is the reason a compass points North.

* Confucius say, "Sarah Palin know true age of Chinese gymnasts."

* The moose population in Alaska is at an all time high because Sarah Palin is out on the campaign trail.

* Sarah Palin is the reason for the Great Northern Lights.

* When Sarah Palin turns off her bedroom light to go to bed at night, all of Russia collectively exhales.

* Sarah Palin gives Warren Buffett investing tips.

* Sarah Palin knows if Elvis is truly dead.

* Sarah Palin could change a diaper with one hand and field-dress Barack Obama with the other.

* Sarah Palin keeps her eyes open when she sneezes.

* Sarah Palin knows which came first the chicken or the egg.

* Sarah Palin can find good in Michael Moore and Nancy Pelosi.

* The North Star is Sarah Palin's night-light.

* If A+B=C then C-B=Palin.

* It takes Sarah Palin 20 minutes to watch 60 Minutes.

* Sarah Palin can eat just one Lays Potato Chip.

* Sarah Palin doesn't need a foreign policy plan, just access to her rifle and buck-knife when meeting with foreign leaders.

* Sarah Palin can divide by zero.

* As a child Sarah Palin ended the Cold War with Russia simply by staring across the water at them.

* Sarah Palin is more certain than death or taxes.

* Sarah Palin taught Michael Phelps to swim.

* Sarah Palin can win a game of Connect 4 with only 3 moves.

If America knows what is good for us, we will pick Sarah Palin to be our next Vice President. Isn't that obvious?

Interesting Choice of Words

For all those people who believe Barack Obama is the Anti-Christ, he did nothing but add to your fuel. In an interview with Brian Williams Barack Obama was asked about the vast majority of Americans feeling he was the riskier choice for President than John McCain. Obama's response was interesting. He said he understands why people think he is the riskier choice because after all "its the devil you know versus the devil you don't know." I am sure this will make all the Obama = Anti-Christ talk subside.

Enough Is Enough - Biden Calls Obama's Ad Against McCain "TERRIBLE."

A nation divided against itself cannot stand, so how about a party ticket? From CNN - Democratic Vice President Candidate Joe Biden called an television ad produced by his own campaign "terrible" and said he would not have ran the ad if he had anything to do with it. The ad tries to draw concern about McCain's age by quoting McCain when he said he doesn't know how to use a computer. In reality, McCain has difficulty using a computer because of injuries he suffered during the Vietnam War.

The Wall Street Journal Links Obama to Communistic Terrorist

Finally someone is looking in to the relationship between Barack Obama and radical "small 'c' communist" William Ayers. Ayers, among other things, bombed the Pentagon. The Obama campaign has been oddly quite on this bit of experience that Obama has, considering that Obama was the Chairman of the Chicago Annenburg Challenge under Ayers, you would have expected that he would have flaunted this bit of leadership experience. The problem is that he is scared to death of his association with the terrorist Ayers and its implications to his political success. Don't take my word for it, read it yourself.

And for more information look here.

The Embarrassment of Tennessee

For many people it takes a lifetime to build up a reputation that precedes them. For others, it takes just one moment in time. With a football program falling apart faster than Barack Obama's support from the Jewish community, Tennessee has been in the news this week for all the wrong reasons. David Kernell, a University of Tennessee student and the son of State Representative Mike Kernell of Memphis has been accused of hacking into Sarah Palin's personal Yahoo email account. The younger Kernell seems to be flaunting his "accomplishment" and appears oblivious to the fact that the FBI is investigating him. Regardless young man, congratulations, you have embarrassed the state of Tennessee by putting us in the news for all the wrong reasons. I am sure you are a fine young man just like your attorney suggests. Here is to hoping your next few years of study come in a prison library.

Jewish gathering turns into anti-Obama protest

Last week I informed you that Hillary Clinton had purposely pulled out of an anti-Iran rally being held by several Jewish organizations in New York City due to Sarah Palin having been invited too. Palin for the record accepted the invitation and was set to speak. As I mentioned last week, I think this is Hillary working to undermine Barack Obama in a very subtle way (also know that she still refuses to attack Palin, despite Obama's please for her to do so). When Hillary pulled out, several of the Jewish organizations threatened to pull out if Palin was allowed to participate. This was in large part because Democratic Congressmen put pressure on the rally organizers to have a bipartisan event, even threatening to pull tax exempt status if the organizations participated in a rally attended by Palin. Palin, needless to say, was disinvited and in so doing, the rally drew far fewer people than it would have otherwise. Many of the Jewish people that did show up were furious with Obama, the Democratic Party, and the rally organizers and openly protested Obama in addition to Iran. "Republicans benefitted more than the Democrats did," political consultant Hank Sheinkopf said. "Why? Sarah Palin wanted to be there, but it looks like she was purposely told not to and rejected. It gives her standing, particularly among those people who are thinking about voting Republican anyway."