Monday, October 27, 2008
Sunday, October 26, 2008
How the Mortgage Crisis Happened
The “American Thinker” has published an excellent history of the mortgage crisis and how it happened, going all the way back to the 1930’s FDR New Deal thinking, then weaving through creation of mortgage-backed securities and expansion of the government sponsored enterprises which eventually became the purchasers of high risk mortgage loans. Both my husband and I worked in the banking and mortgage industries during much of this time and watched it all happen. It is a long read but a lesson on the seeds of socialism, spread over decades and is well worth the time to read it. We should take it as a warning against the furthering of more socialist programs. Here’s the link:What really happened
Thursday, October 23, 2008
Message from McCain Campaign
We're now 12 days out from Election Day and I wanted to give you an important campaign update.
An Associated Press headline said yesterday that this race is "All even in the homestretch." All indicators point to this race coming down to the wire, so it's extremely important to reach out to undecided voters - the key to winning this election. The election is in your hands and I'm asking you to make the case to undecided voters for John McCain and Sarah Palin. Here's what you should tell them...
Instead of spreading wealth around, John McCain and Sarah Palin will spread opportunity.
Recently in Ohio, Senator Obama finally broke down and famously told "Joe the Plumber" that his economic plan is to, "spread the wealth around." Joe is working hard to realize the American dream, as are millions of other people who work hard, pay taxes and dream of owning a small business one day. Barack Obama will raise taxes on hardworking Americans to give a government handout to the 40% of Americans who pay no income taxes.
Thanks to "Joe the Plumber," voters are starting to see the clear difference between John McCain and Barack Obama on taxes. Joe's story is your story ... the story of hard work and the American dream. "Joe the Plumber" isn't just one man in Ohio ... it's every person in America with hopes, dreams and the desire to work hard with the opportunity to succeed.
John McCain and Sarah Palin have an economic plan that celebrates the American dream of opportunity, not government giveaways. In this country, we believe in spreading opportunity, for those who need jobs and those who create them. That's why their economic plan - Jobs for America - is so important for the American people in this time of economic crisis.
While Barack Obama is ready to "spread the wealth around," John McCain has a plan to get our economy moving so everyone has access to good jobs, a quality education and the opportunity to succeed.
John McCain and Sarah Palin don't just talk about change ... they deliver.
This election is certainly about change - there's no doubt about it. But that's why we're talking to voters about the difference between lower taxes and the opportunity to work hard for the American dream ... or higher taxes and government giveaways with Barack Obama and Joe Biden.
You can trust John McCain and Sarah Palin because they are the real deal; reformers with a record who stand by their words and will always put their country first.
Time and time again this team of mavericks has stood up, taken on tough issues and delivered. They're the real deal. They have a clear record that can deliver results, not just rhetoric that delivers votes.
In the last 12 days of this campaign, we want voters to hear the story of "Joe the Plumber" to understand the important differences between John McCain and Barack Obama. Please take a minute today to watch videos submitted to our "I'm Joe the Plumber" video contest to see how people all across America recognize that they too are Joe the Plumber. Then forward this message to your friends with a personal message about why you're like Joe the Plumber and why you are supporting John McCain and Sarah Palin on Election Day.
Thanks,
Rick Davis
Campaign Manager, McCain-Palin 2008
An Associated Press headline said yesterday that this race is "All even in the homestretch." All indicators point to this race coming down to the wire, so it's extremely important to reach out to undecided voters - the key to winning this election. The election is in your hands and I'm asking you to make the case to undecided voters for John McCain and Sarah Palin. Here's what you should tell them...
Instead of spreading wealth around, John McCain and Sarah Palin will spread opportunity.
Recently in Ohio, Senator Obama finally broke down and famously told "Joe the Plumber" that his economic plan is to, "spread the wealth around." Joe is working hard to realize the American dream, as are millions of other people who work hard, pay taxes and dream of owning a small business one day. Barack Obama will raise taxes on hardworking Americans to give a government handout to the 40% of Americans who pay no income taxes.
Thanks to "Joe the Plumber," voters are starting to see the clear difference between John McCain and Barack Obama on taxes. Joe's story is your story ... the story of hard work and the American dream. "Joe the Plumber" isn't just one man in Ohio ... it's every person in America with hopes, dreams and the desire to work hard with the opportunity to succeed.
John McCain and Sarah Palin have an economic plan that celebrates the American dream of opportunity, not government giveaways. In this country, we believe in spreading opportunity, for those who need jobs and those who create them. That's why their economic plan - Jobs for America - is so important for the American people in this time of economic crisis.
While Barack Obama is ready to "spread the wealth around," John McCain has a plan to get our economy moving so everyone has access to good jobs, a quality education and the opportunity to succeed.
John McCain and Sarah Palin don't just talk about change ... they deliver.
This election is certainly about change - there's no doubt about it. But that's why we're talking to voters about the difference between lower taxes and the opportunity to work hard for the American dream ... or higher taxes and government giveaways with Barack Obama and Joe Biden.
You can trust John McCain and Sarah Palin because they are the real deal; reformers with a record who stand by their words and will always put their country first.
Time and time again this team of mavericks has stood up, taken on tough issues and delivered. They're the real deal. They have a clear record that can deliver results, not just rhetoric that delivers votes.
In the last 12 days of this campaign, we want voters to hear the story of "Joe the Plumber" to understand the important differences between John McCain and Barack Obama. Please take a minute today to watch videos submitted to our "I'm Joe the Plumber" video contest to see how people all across America recognize that they too are Joe the Plumber. Then forward this message to your friends with a personal message about why you're like Joe the Plumber and why you are supporting John McCain and Sarah Palin on Election Day.
Thanks,
Rick Davis
Campaign Manager, McCain-Palin 2008
| Paid for by McCain-Palin 2008 |
Truth in Advertising
The Aiken Standard published an editorial criticizing negative politics and compared Republican ads about unrepentant terrorist William Ayres to Democrat ads about Bush ( and by extension McCain). The Obama Ayres association is the awful truth and much of the Bush bashing that has been a steady drumbeat from the liberal left for several years is in no way a moral equivalent. It is also true that Bush is not running for President. The following video from a documentary will give everyone the shivers.To read more follow this link Confederate Yankee
Government Money Grab
The Wall Street article published an opinion story today about “Argentina’s Property Grab” – how the Argentine president has announced that her government will seize the country private pension system to resolve its financial crisis. Here is an excerpt:
"If Congress approves this property grab, $30 billion in individually held retirement accounts -- think 401(k)s -- managed by private pension funds will become government property.
That the state could seize retirement savings no doubt seems outrageous to Americans. But it is a predictable development in a country where government intervention in the financial system is the norm. With Washington now expanding its role as guarantor in American banking, that's something to think about."
Many analyses of Obama’s financial proposals conclude that proposed new taxes will not cover the new expenditures. A democrat congress would support his money grab for pension dollars – which, by the way, the Clinton administration thought of doing via a “one-time”15% tax on IRAs. At this point, the only protection we would have is the Supreme Court who might rule that assets are not income. Thus taxing them would be unconstitutional, but that’s a big maybe. Here’s the article
http://online.wsj.com/article/SB122471757680560465.html
"If Congress approves this property grab, $30 billion in individually held retirement accounts -- think 401(k)s -- managed by private pension funds will become government property.
That the state could seize retirement savings no doubt seems outrageous to Americans. But it is a predictable development in a country where government intervention in the financial system is the norm. With Washington now expanding its role as guarantor in American banking, that's something to think about."
Many analyses of Obama’s financial proposals conclude that proposed new taxes will not cover the new expenditures. A democrat congress would support his money grab for pension dollars – which, by the way, the Clinton administration thought of doing via a “one-time”15% tax on IRAs. At this point, the only protection we would have is the Supreme Court who might rule that assets are not income. Thus taxing them would be unconstitutional, but that’s a big maybe. Here’s the article
http://online.wsj.com/article/SB122471757680560465.html
Wednesday, October 22, 2008
'Change' Can Lead to Catastrophe
The following article by Thomas Sowell is well worth your time.Click on the title above to read this article and other articles at NEWSMAX.COM
Tuesday, October 21, 2008 12:33 PM
By: Thomas Sowell
Telling a friend that the love of his life is a phony and dangerous is not likely to get him to change his mind. But it may cost you a friend.
It is much the same story with true believers in Barack Obama. They have made up their minds and not only don't want to be confused by the facts, they resent being told the facts.
An e-mail from a reader mentioned trying to tell his sister why he was voting against Obama but, when he tried to argue some facts, she cut him short: "You don't like him and I do!" she said. End of discussion.
When one thinks of all the men who have put their lives on the line in battle to defend and preserve this country, it is especially painful to think that there are people living in the safety and comfort of civilian life who cannot be bothered to find out the facts about candidates before voting to put the fate of this nation, and of generations yet to come, in the hands of someone chosen because they like his words or style.
Of the four people running for president and vice president on the Republican and Democratic tickets, the one we know the least about is the one leading in the polls — Barack Obama.
Some of Sen. Obama's most fervent supporters could not tell you what he has actually done on such issues as crime, education, or financial institutions like Fannie Mae and Freddie Mac, much less what he plans to do to stop Iran from becoming a nuclear nation supplying nuclear weapons to the international terrorist networks that it has supplied with other weapons.
The magic word "change" makes specifics unnecessary. If things are going bad, some think that what is needed is blank-check "change." But history shows any number of countries in crises worse than ours, where "change" turned problems into catastrophes.
In czarist Russia, for example, the economy was worse than ours is today and World War I was going far worse for the Russians than anything we have faced in Iraq. Moreover, Russians had nothing like the rights of Americans today. So they went for "change."
That "change" brought on a totalitarian regime that made the czars' despotism look like child's play. The communists killed more people in one year than the czars killed in more than 90 years, not counting the millions who died in a government-created famine in the 1930s.
Other despotic regimes in China, Cuba, and Iran were similarly replaced by people who promised "change" that turned out to be even worse than what went before.
Yet, many today seem to assume that if things are bad, "change" will make them better. Specifics don't interest them nearly as much as inspiring rhetoric and a confident style. But many 20th century leaders with inspiring rhetoric and great self-confidence led their followers or their countries into utter disasters.
These ranged from Jim Jones who led hundreds to their deaths in Jonestown to Hitler and Mao who led millions to their deaths.
What specifics do we know about Barack Obama's track record that might give us some clue as to what kinds of "changes" to expect if he is elected?
We know that he opposed the practice of putting violent young felons on trial as adults. We know that he was against a law forbidding physicians to kill a baby that was born alive despite an attempt to abort it.
We know that Obama opposed attempts to put stricter regulations on Fannie Mae — and that he was the second largest recipient of campaign contributions from Fannie Mae. We know that this very year his campaign sought the advice of disgraced former Fannie Mae CEO Franklin Raines.
Fannie Mae and Raines were at the heart of "the mess in Washington" that Barack Obama claims he is going to clean up under the banner of "change."
The public has been told very little about what this man with the wonderful rhetoric has actually done. What we know is enough to make us wonder about what we don't know. Or it ought to. For the true believers — which includes many in the media — it is just a question of whether you like him or not.
© 2008 Creator's Syndicate Inc.
Tuesday, October 21, 2008 12:33 PM
By: Thomas Sowell
Telling a friend that the love of his life is a phony and dangerous is not likely to get him to change his mind. But it may cost you a friend.
It is much the same story with true believers in Barack Obama. They have made up their minds and not only don't want to be confused by the facts, they resent being told the facts.
An e-mail from a reader mentioned trying to tell his sister why he was voting against Obama but, when he tried to argue some facts, she cut him short: "You don't like him and I do!" she said. End of discussion.
When one thinks of all the men who have put their lives on the line in battle to defend and preserve this country, it is especially painful to think that there are people living in the safety and comfort of civilian life who cannot be bothered to find out the facts about candidates before voting to put the fate of this nation, and of generations yet to come, in the hands of someone chosen because they like his words or style.
Of the four people running for president and vice president on the Republican and Democratic tickets, the one we know the least about is the one leading in the polls — Barack Obama.
Some of Sen. Obama's most fervent supporters could not tell you what he has actually done on such issues as crime, education, or financial institutions like Fannie Mae and Freddie Mac, much less what he plans to do to stop Iran from becoming a nuclear nation supplying nuclear weapons to the international terrorist networks that it has supplied with other weapons.
The magic word "change" makes specifics unnecessary. If things are going bad, some think that what is needed is blank-check "change." But history shows any number of countries in crises worse than ours, where "change" turned problems into catastrophes.
In czarist Russia, for example, the economy was worse than ours is today and World War I was going far worse for the Russians than anything we have faced in Iraq. Moreover, Russians had nothing like the rights of Americans today. So they went for "change."
That "change" brought on a totalitarian regime that made the czars' despotism look like child's play. The communists killed more people in one year than the czars killed in more than 90 years, not counting the millions who died in a government-created famine in the 1930s.
Other despotic regimes in China, Cuba, and Iran were similarly replaced by people who promised "change" that turned out to be even worse than what went before.
Yet, many today seem to assume that if things are bad, "change" will make them better. Specifics don't interest them nearly as much as inspiring rhetoric and a confident style. But many 20th century leaders with inspiring rhetoric and great self-confidence led their followers or their countries into utter disasters.
These ranged from Jim Jones who led hundreds to their deaths in Jonestown to Hitler and Mao who led millions to their deaths.
What specifics do we know about Barack Obama's track record that might give us some clue as to what kinds of "changes" to expect if he is elected?
We know that he opposed the practice of putting violent young felons on trial as adults. We know that he was against a law forbidding physicians to kill a baby that was born alive despite an attempt to abort it.
We know that Obama opposed attempts to put stricter regulations on Fannie Mae — and that he was the second largest recipient of campaign contributions from Fannie Mae. We know that this very year his campaign sought the advice of disgraced former Fannie Mae CEO Franklin Raines.
Fannie Mae and Raines were at the heart of "the mess in Washington" that Barack Obama claims he is going to clean up under the banner of "change."
The public has been told very little about what this man with the wonderful rhetoric has actually done. What we know is enough to make us wonder about what we don't know. Or it ought to. For the true believers — which includes many in the media — it is just a question of whether you like him or not.
© 2008 Creator's Syndicate Inc.
Tuesday, October 21, 2008
Obama Campaign Volunteer Email
A good Republican member of the Boy Scouts of America Fraternity (Alpha Phi Omega) at the University of Washington was "livid" when he received an email.from an Obama group.He sent the email and his comments to his Dad who lives in Aiken.
I'm Kady Dodds,Border State Washington University 's Alpha Phi Omega chapter because we desperately need more team members on the ground here in Colorado Colorado is ripe for turning blue: While George Bush won Colorado
"I am absolutely livid, yet at the same time excited that Obama’s supporters are so desperate! In the state where the Dem’s had their convention, they are trying to bring in students from other states to bolster their efforts because they think they’ll lose. (The part that makes me livid is that they used a non-profit, a-political organization’s email contact list to do this. I also have to laugh because they didn’t even get the name of the university correct!!!) It’s hard to say if they are endangering one more non-profit’s status because they didn’t learn from the big to-do over Obama’s church or if they just don’t care. Either way it makes me livid!
Thought you might like yet another example of how Obama’s supporters feel that the ends justify the means. Heard recently that Obama is preemptively playing the race card. Fred may have been my first choice, but attacking McCain’s integrity in this way doesn’t just cross the line, it obliterates it! This is just one more reason that Obama is just plain wrong for the Presidency!
Go McCain & Palin!
-Franklin
flloyd@alumni.washington.edu"
From: Come To Colorado [mailto:cometocolorado@gmail.com]
Sent: Monday, October 20, 2008 5:55 PM
To: apo@u.washington.edu; flloyd@alumni.washington.edu
Subject: Colorado's Campaign for Change Needs Student Volunteers!
Sent: Monday, October 20, 2008 5:55 PM
To: apo@u.washington.edu; flloyd@alumni.washington.edu
Subject: Colorado's Campaign for Change Needs Student Volunteers!
Hi,
I'm Kady Dodds,
With only 15 days left before election day, the race between Obama and McCain is dead even in Colorado
I would really appreciate it if you would forward this email to your members, and let them know that I am happy to answer any questions they may have about traveling out here to volunteer. Volunteers can sign up directly at ComeToColorado@gmail.com, or I can be reached by phone at 720-366-8906. **FREE HOUSING IS PROVIDED FOR EVERYONE COMING TO COLORADO** The deadline to sign up is this Friday, October 24th.
To get a feel for our operation here, please see our recruiting video at http://my.barackobama.com/page/s/oosco
Looking forward to hearing from you.
Sincerely,
Kady Dodds
--
Colorado Border States
Barack Obama's Campaign for Change
1355 S. Colorado Blvd. Denver , CO 80222
w. 720.982.3365 | c. 720.304.5328
I would really appreciate it if you would forward this email to your members, and let them know that I am happy to answer any questions they may have about traveling out here to volunteer. Volunteers can sign up directly at ComeToColorado@gmail.com, or I can be reached by phone at 720-366-8906. **FREE HOUSING IS PROVIDED FOR EVERYONE COMING TO COLORADO** The deadline to sign up is this Friday, October 24th.
To get a feel for our operation here, please see our recruiting video at http://my.barackobama.com/page/s/oosco
Looking forward to hearing from you.
Sincerely,
Kady Dodds
--
Barack Obama's Campaign for Change
w. 720.982.3365 | c. 720.304.5328
Subscribe to:
Posts (Atom)