Sunday, December 20, 2009
Friday, November 6, 2009
While I'm at it. There is all of this talk about how illegal immigrants won't be covered, therefore they are not accounted for in any cost projections by the CBO. So the $1 Trillion does not account for illegals. Then, what happens to the cost and budget projections when the Democrats pass an AMNESTY bill next year and they are then added to the balance sheet after the fact? How high does the cost go when you add an additional 30 million illegal immigrants to the plan? Would you still vote for it knowing that were to happen? We all know amnesty is in the cards for the Dems, as they see it as another dependant voting block they can take advantage of by keeping them at the mercy of the government trough.
Scrap it all. Start over. Address the major issues plaguing the process. Start undoing all that the gov't has done over the years to screw it up to this point (You know it was the government that forced employer based insurance). It won't ever be successful though if your true intentions are not to fix the process but to control it.
Thursday, June 4, 2009
.....why Obama can tell the world that Iran is "allowed" to have Nuclear power and should do so to solve their energy needs, but yet we can't generate more Nuclear power in America to solve OUR energy needs.
.....why we no longer have a President and somehow elected a dictator that fires corporate executives, tells car companies what cars they can build and the people what kind of cars they can buy, takes over banks, tells the credit card companies what to do with their business, and does nothing but bad mouths our country every time he sets foot on foreign shores. (We used to protest that kind of thing, just ask the Dixie Chicks)
.....how Obama makes a speech saying no country is so great that they should tell another how to run their country, then gets applauded and called brilliant by every hack journalist, and then proceeds to put an ultimatum to Israel on what they need to do with THEIR country regarding "Palestine".
.....why we aren't staying out of the entire Middle East problem by drilling for Oil in our own country that will service our needs while we continue to develop additional energy resources such as CNG, wind, solar, clean coal, Nuclear and any others. We need energy independence from other naions run by despots and rogue leaders. For those of you that don't know, China has agreements with Cuba to drill for oil of the shores of Florida getting oil resources in the Gulf of Mexico that should be extracted by American companies. Just think of the economic engine that would be created by such a decision to do so, the problem is that Obama knows it would be prosperity at the private market level and not the governement controlling it. I wonder if the government is concerned about losing control and power so they won't allow it. Is that crazy to think so?
I could go on but it will only make me more frustrated. Someday I'll tell you how the government plans on controlling every aspect of your life from what you eat, to how much you drive, to how much power you use in your own house, to what you are able to read, to how much medical care you are allowed to receive, and how much money you are allowed to make (oh wait, that last one already happened, SCARY!)
Thursday, April 9, 2009
Click here to take the test....
Thursday, April 2, 2009
Everyone agrees that the housing bubble burst and the sub-prime lending industry, bolstered by Fannie Mae and Freddie Mac, created a ripple effect through out the entire banking industry. As assets plummeted, all credit was frozen and the legs were knocked out from under the economy. I have included various articles, from numerous sources, and videos of politicians in their own words to document the players involved in this issue over the years and how they played a part in the collapse of Fannie Mae and Freddie Mac.
First you need to watch the following video that is a summary of the discussions that went on during the debate "TO PASS FURTHER REGULATION ON FANNIE MAE AND FREDDIE MAC". This was called THE FEDERAL HOUSING ENTERPRISE REGULATORY REFORM ACT OF 2005. This Act was based of the findings of the The Office of Federal Housing Enterprise Oversight that is the regulator for Fannie and Freddie. YES, that is correct, there was already a regulator of these entities, and they revealed serious issues that necessitated the creation of this Act.
Take note of the politicians and who said what during the debate. You'll notice the Republicans saying there is a problem that needs to be addressed and the Democrats saying there is not a problem, including Barney Frank. At one point the Democrat Congresswomen praises the CEO of Fannie Mae, Franklin Raines. You'll read more about him later. So watch this video a few times if you have to, but realize what is being said and by whom...
Read all of the following articles, I mean ALL of the article, to see how the sub-prime lending companies, like Fannie, Freddie and Countrywide, are tied to the Democrats.
Read to learn about "sweetheart" deals top Democrats were getting from Countrywide.
Read about how Jim Johnson, former CEO of Freddie Mac, was one Obama's advisors and also received "sweetheart" Countrywide deals.
Read about how Rahm Emanuel, Obama's Chief of Staff, served on the board of Fannie Mae while some the worst offenses discovered by the regulator were taking place.
Read about how the CEO of Fannie Mae, Franklin Raines, was a former Clinton staffer and an Obama advisor, and the issues he had a Fannie.
Now read what John McCain had to say about all of this during the debate, "
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.
That is why I bang my head on the wall when I hear someone say, "it's because Republicans didn't want any regulation!