Tuesday, September 30, 2008
Current mood: relieved
Category: News and Politics
I love how the Democrats trying to blame the Republicans for not supporting the $700 billion bailout bill. So what! Majority of America opposes an unfair and unjust bill. If you want to put some spin on this, the Democrat leaders should put blame on the 95 Democrats who voted against the bill and sided with the Republicans. In fact, I congratulate those 95 Democrats who stood against and didn't fill prey to House Speaker Nancy Pelosi. I'm glad there are state representatives who have the moral judgement to understand that socialism is wrong.
This is a great day. In today's market, we saw a reversal downward trend to more positive territory. From a 777-point drop to a 485-point upswing, it shows that the market is base on fictional emotional fears and excitement. It tells me that the market is resilient against major catastrophes of our times. It also tells me that the market is warning us that if the problem is not solved, a 777-point drop is considered small potatoes to what devastating revelations the market could really show.
Now, the Senate is showing their proposal, which differs to the House $700 billion bailout. The Senate is proposing to raise the FDIC, which is $100,000 per account, to $250,000. That is an excellent move to bring confidence to the American people. Also, they want to suspend the AMT (Alternative Minimum Tax) to help those 20 million people who may be affected. Even though the Senate gave their best shot in the solution, it is not enough.
To solve this mess, I do support raising the FDIC standards and suspending the AMT, but I really feel that suspending or ending the tax on capital gains will cause an influx of capital into the system. I would support allowing the SEC chairman to suspend the policy for mark to market evaluation and implement fair market value on homes. This is something that can be done without Congress approval, but I still have no idea why the SEC chairman is sitting on his fanny and not do what is right. The main problem is a mark-to-market accounting, where all assets are required to be valued at current market prices. If the market is temporarily depressed, it can cause an artificial crisis, and that is what we are currently seeing. By suspending the mark to market evaluation, we can see an improvement with the banking system. Finally, the Congress must repeal an old law from 1977 called the Community Reinvestment Act, which mandated that all banks must give loans or not to deny a loan to any person seeking to purchase a mortgage or obtain credit. The act prohibits any banking institution from targeting only rich neighborhoods; thereby preventing those not from that class to move into the neighborhood, which is called redlining. By eliminating this awful Act, it is the beginning to the road to recovery with the banking system. It will prevent those who are unable to pay back the loan not to get that loan. It is basic economic 101.
I can 't understand why we are in a dire need to jump the gun and allow the government to grow exponentially. It is bad enough that we dabble in many socialist programs and I really hate to see power given to someone who can abuse the system. Secretary of the Treasury Paulson is asking Congress to give himself unlimited power to do what he pleases with the $700 billion bailout. There is no accountability and to allow a former Goldman Sach executive full reign of this economy to treat it like his business is very risky. I rather like what I outline above and increase domestic oil and gas production in our country. That would definitely alleviate the high cost of gas and it would give the American people a concrete tax break.
It is important to note that it won't cost the taxpayer any money and some of the provision can be done without approval from Congress. My only advice to everybody is not to panic and make haste or rash decision. Let the market correct itself. This market has withstood turbulent times and this is not the end all final solution. The Democrats are to be blamed on our woes. From Jimmy Carter and his Community Reinvestment Act to corruption of Senators Chris Dodd, Barney Frank, Hillary Clinton, and Barack Obama with Fannie Mae and Freddie Mac, there is plenty of blame to go around. It is time to put McCain/Palin into the White House to do their best to get rid of the tumor that is spreading through Washington, D.C.
Monday, September 29, 2008
Current mood: bitchy
Category: News and Politics
I am so happy that the $700 billion bailout package failed, but I am so disgusted how the Democrats put their own self political interest over the American people. It is very transparent to see how the Democrats have been playing politics on this economy from day one! Before McCain suspended his campaign to return to Washington, Democrat Majority leader Harry Reid had gone on record to say, "Where is John McCain and why isn't he here to help solve this problem." Then, McCain publically stated he will suspend his campaign and the Democrats stated that McCain shouldn't come back because a tentative agreement has been reached, which was a blatant lie.
If matters weren't so contentious, after a bipartisan agreement has been reached between Democrats and Republicans in the wee hours of Sunday morning, a glimmer of hope shined upon this present Congress showing that they care about the American people, but it would be foolish to believe in such a myth. Then, Pelosi felt to insult the GOP and blaming them on this economic mess before the actual vote on this bailout.
It turns out that the majority of GOP realized that the bailout was not to the best interest of the American people. Also, Pelosi thought she had the votes to pass this bill, but 40% of her own caucus sided with the Republican. The result was saving us from a socialist controlling government. I believe in the principle that there is another alternative route that won't bite us in the pocket. I have heard many different solutions to this mess without dumping a band-aid of $700 billion. Can anyone tell me what government program was a success under that control of the Federal Government? Well, I know that there are more failures than successes in these governments run programs. The Federal Government is not in the business in running a mortgage industry. We have seen the Democrats forcing failure in order to have the government run the show. In fact, democrats have gone on record to say that we need to "socialize" the oil companies. Recently, the Federal Government took back Fannie Mae and Freddie Mac and nationalized it. In the past several months, the Federal Government had their hands on the pulse of the economy.
I really blame all this on the Democrats. Since their rise in power in 2006, they have done nothing to improve the way of life for the American people. From the energy crisis to the credit crisis, Democrats rather want to play politics than to find solutions to the problems that we face.
Today, the market tanked 777 points from the DOW and people are starting to panic, but I believe in this resilient market. It will bounce back once again because it's an election year and these idiots that are representing us are force to show that they have our best interest.
I really would like to see criminal charges given to Senators and Congressmen who are involved with this credit crisis. Senator Dodds and Frank need to go. House Speaker Nancy Pelosi needs to go. Senator Chuck Schumer needs to go. Senator Barack Obama needs to go. These idiots I have mentioned have direct links to the corruption in the sub-prime mortgage debacle. Republicans came to the floor back in 2004 saying that there are unaccountable shenanigans in Fannie Mae and Freddie Mac. In 2005, McCain presented a bill to reform regulations in these quasi-government agencies, but that failed. Even in the mid-1990's, President Bill Clinton express concern over Fannie Mae and Freddie Mac and wanted firmer regulation, but Democrats express that there wasn't a problem.
Now it is 2008, the past has caught up with us with a vengeance. This is why we need to stop the problem before it escalates. Because of the stupidity of what the Democrats did in the past, it seems illogical to have the same people representing the Democratic party solve the problem. Case in point, look what happened today. We need change and we need to see it now, but I really do not want to see the Democrat taking any part of it. They have done enough!
Sunday, September 28, 2008
Current mood: sleepy
Category: News and Politics
I have no idea who actually won the debate. Both sides are claiming victory, but honestly, I only see one and that is John McCain. I am not only basing it on substance, but the level of maturity by McCain not to stoop at the same level to Obamas cheap shot is honorable. If you haven't noticed, Obama took aim to be condescending to John McCain by calling the Senator of Arizona by his first name.
There is one pet peeve I detest most of all is when children call their elders by their first name. I also go off the deep end when I hear children call their parents by their first name too. I would love to grab the kid by the arm and give some tough love with the back of my hand. Society has taught our kids not to respect authority. This is one example of that and such practice need to cease.
Sorry to digress, but when I see Obama, who is 47 years of age, calls John McCain by his first name, I just want to cringe. That is a sign of showing disrespect to a man whose credentials exceed any experience the junior senator from Illinois could ever bestow. I like how McCain keep is head focus toward the moderator without ever glancing toward Obamas direction.
I was also annoyed by Obama interrupting McCain as he spoked and raising his hand to get the moderator's attention like he needed to go to the bathroom. I had to roll my eyes when Obama kept looking at his watch like he had to be somewhere. I had to laugh out loud when Obama had to interject after McCain mention he was wearing a color bracelet that Obama wore one too. In fact, Obama didn't know the soldier's name that the bracelet represented until he took a glance at it. I just wish that Obama keep his mouth shut because his stammering and stuttering got increasing apparent as the questions got harder.
I just don't understand why people like Obama. He surely doesn't fit the roll of a leader. Heck, he practically agreed on many stances that McCain took. Throughout the debate, I counted at least eight times that Obama agreed with McCain. Obama said:
"I think Senator McCain's absolutely right that we need more responsibility…"
"Senator McCain is absolutely right that the earmarks process has been abused…"
"He's also right that oftentimes lobbyists and special interests are the ones that are introducing these…requests…"
"John mentioned the fact that business taxes on paper are high in this country, and he's absolutely right…"
"John is right we have to make cuts…"
"Senator McCain is absolutely right that the violence has been reduced as a consequence of the extraordinary sacrifice of our troops and our military families…"
"John — you're absolutely right that presidents have to be prudent in what they say…"
"Senator McCain is absolutely right, we cannot tolerate a nuclear Iran…"
So, the questions should be posed in the manner what Fred Thompson said, "Do you know everything about the man you are voting for and can you trust that person to lead the USA?" The answer is not that hard to figure out because it is not above your pay grade.
Wednesday, September 24, 2008
Current mood: ecstatic
Category: News and Politics
Leadership is the ability to back up words with action. That is what John McCain has done by suspending his campaign and head to Washington to work with his colleagues to fix this financial crisis. Obama, on the other hand, says that Washington can call him if they need him, while being insistent that Friday's debate will continue on. I guess Obama forgot he is a Senator and is needed in Washington to help fix this mess. I see his priorities are still skewed.
Anyway, there is a bright light this week that the MSM has not made any headway to report to the American people. Today, Democrats in Congress will allow the moratorium on offshore drilling to expire on Oct 1, 2008, without any resistance. This is significant in ending a 26-year-old ban that was in effect since 1982.
It was revealed that both Democrat Majority Lead Reid and House Speaker Pelosi realized that they do not have enough votes to overturn a veto by the President. Therefore, thanks to the grassroots of Newt Gingrich and his "Drill Here, Drill Now, and Pay Less at the Pump" movement, the GOP has won the fight. In fact, the recently passed energy bill from the House of Representatives and the energy proposal from the "Gang of 20" was dropped allowing the ban to expire next week without a hitch.
This ending to the ban will forbid the US Minerals Management Service from spending tax payers money on anything related to offshore oil and gas leasing. Their primary role now will be only conducting environmental studies and introducing new leasing plans for oil and gas. Critics say that any new leasing will not produce anything in 5-10 years, but the markets will react differently. Mainly, the price of oil is base on future contracts. Therefore, if the price of future contracts on the purchase of a barrel of oil is low, then it will reflect positively at the pumps. In other words, we will see lower prices at the gas pumps.
This will not mean seeing oil rigs popping up everywhere, but it will allow oil rigs that were shut down a quarter century ago to restart production once again.
Tuesday, September 23, 2008
Current mood: amused
Category: News and Politics
I love Joe Biden. From the moment when Obama announced that Biden will be his running mate, I grinned from cheek to cheek. I couldn't believe that Obama pass over Hillary Clinton, who garnered 18 million votes, for a pompous elitist like Joe Biden.
My anticipation to hear Joe Biden gaffes was satisfied on the first night when Joe introduced Obama to begin the campaign the Obama/Biden ticket. Biden said, "Let I introduce you to Barack AMERICA!" LOL. What an idiot, but that doesn't stop there. Just today, Biden opened his mouth to say the idiotic as he tried to give his version of history about FDR and the Great Depression on CBS Evening News. During the interview, I'm quite surprise that nobody corrected his multiple inaccuracies on American history.
Then later in Ohio, Biden was caught saying that "NO COAL PLANTS HERE IN AMERICA." Biden said that he supports clean coal for China, but not for the USA. Of course trying to pander to a group of antipollution supporters, Biden said, "No coal plants here in America," he said. "Build them, if they're going to build them, over there. Make them clean." Ironically, just three days ago, in Castlewood, Virginia to a crowd of United Mine Worker's of America annual fish fry, absentminded Joe said that he praised the possibilities of the usage of coal. Biden said, "You know we have enough coal in the United States of America to meet out needs domestically for the better part of the next hundred to 200 years."
I will not deny that Biden, as once told to a reporter, that he is the most educated man alive with a higher IQ than the average man. Well, I cannot dispute that because it is well beyond my pay grade. At least one thing is for certain, one may be the most intelligent man alive, but surely can say the stupidest thing.
So, I guess Pennsylvania and other coal mining states will side with the McCain/Palin ticket, since Biden seems adamant that coal is going to kill us. With Pennsylvania as one of the battleground states very important to this election, Obama gaffes about "small town America clinging to their guns and Bible," and Biden gaffes about "no coal plants in America" will cost them dearly and most possible the White House! YAY!
Monday, September 22, 2008
Current mood: happy
On Sunday, September 21, 2008, we can enjoy two exciting historical events. On this day, the New York Yankees defeated Baltimore Orioles 7-3 on the last game to be played at the stadium that Ruth built - Yankee Stadium.
Another remarkable day is that the United States defeated Europe 16 ½ to 11 ½ at the Ryder Cup. It has been eight years to see this day realized that America has the stomach to win for pride and honor. It also shows that Tiger was not an issue in this victorious romping against the Europeans. This contest was not decided on one hole nor one particular match, but it was the first time I actually saw teamwork than individuals trying to outshine another.
Paul Azinger should be commended in putting a team that successfully work cohesively and harmoniously together. This USA team representing the 2008 Ryder cup is mostly rookies and four captains pick. Each USA golfers are talented in their own right, but their desire winning for a greater purpose than their own self interest is an example that we all should emulate. That is the meaning of Patriotism and that is love of country.
As Tiger sits at home watching the USA winning the Ryder Cup without him, I hope he realizes that being a great individual golfer is not a perfect ingredient winning something greater than his own self interest. I bet deep down this will be a stigma for Tiger Woods and he knows it. To be the greatest player in the world, one needs to be a great individual player and a great team player. Nichalus, Palmer, Hogan, Jones, Nelson, and Hagen are great golfers, who have a strong affinity as a team player. That is something Tiger needs to develop if he wants to be the greatest golfer of all time.
The problem with Tiger Woods is that he is an individual player, whose "selfish" need is to never depend on another player to win. Such idealism prevents Tiger to be a team player in situations that he would not be comfortable or be within his comfort zone. We have seen in past Ryder cups the frustration in Tiger Woods to put up with a partner who may bring him down. Since it's me, me, me golf game, Tiger will never be happy if his partner doesn't put in a 150% performance that Tiger expects upon him.
Another problem is thinking how the partner of Tiger Wood's feel. Imagine how demanding Tiger expects him to perform. It would be such a pressure that would be overwhelming added upon the fact that Tiger's partner is playing an intense event like the Ryder Cup.
Lastly, it's the camaraderie. It is a historical fact that these Europeans play many events together on a weekly base and the camaraderie is family like compare that to the USA team. The USA team is a group is guys who play purely on an individuality. Many USA golfers use the I-pod to escape into their own private world and the locker room has a very stoic atmosphere. This is a major contrast to the Europeans, who drink beer together, eat dinner together, and hang out together on a regular base. This closeness was the ingredient that made them successful for all these years.
In this year Ryder Cup, Paul Azinger was able to capture the right chemistry between players. Not so much with complementing each others game, Azinger assigned the USA team base on friendship and comfort level. By leaving their egos outside the golf course, the USA team took honor and pride for the USA as their number one priority above everything else. To lose in defeat is humiliating, and while others think it may define their career, to win the Ryder Cup is a career achievement.
Congrats USA! Listen up Tiger! If you want to be regarded as one of the greatest player to play this game, you also need to demonstrate as a team player and also a team leader to show your greatness, which I have my serve doubts.
Wednesday, September 17, 2008
Your analysis is breathtaking... I am stunned that ANYONE could believe something so counter-intuitive and delusional. To call this a "distortion" would be a major understatement.
To begin with, the actions you attribute to Clinton were primarily the responsibility of the Republican-dominated Congress during that era, and nothing was done during the last 8 years (under the watch of Dubya) to restrain the greed of Wall Street or address any regulatory concerns you allude to. Bush also stood by while the most reckless and un-Republican pork-barrel spending spree of all time occurred (again, at the hands of a Republican-controlled Congress), unmatched by any liberal Democratic administration in our nation's history. And don't forget the federal trade deficit was eliminated under Clinton (Ronald Reagan would have been proud), which then ballooned explosively under Bush. Dubya's monetary and fiscal policies are the most irresponsible and non-conservative ever conceived by a Republican president. So, the mortgage and stock market meltdowns today are the DIRECT responsibility of the disastrous policies of the Bush administration - conservatives who can't see this are in a state of total denial!
You use the terms "ignorant and stupid" twice here ( I won't even bring up your grammatical errors), and that precisely describes your conclusions. I not only question your willingness to believe the most far-fetched and implausible rationalizations, but I also have to question your intelligence. I see that you don't descibe your educational background (I have a BBA in General Business and an MBA in Finance with an emphasis on securites analysis, by the way). I also see that you describe yourself as a "consultant" - what is it you consult on? Pottery design, maybe? You certainly don't seem to have much understanding of politics or economics, except through the grossly distorted lens of your self-proclaimed "conservatism".
Next time, find out what your talking about before you blog on something so far beyond your comprehension.
September 18, 2008 11:06 AM
Alas, another liberal, base on his education as a BBA in Gereral Business and an MBA in Finance with emphasis on securities analysis, commented on my blog and I would like to share it with you. I will agree on two things. I never said that I am a journalist nor a writer. I enjoy blogging and learning each day to improve my writing. If my writing is convoluted or incoherent, I will accept criticism. Second, I agree that during the Bush Administration spent like a fish, but I do believe in spending for the future for America like the Department of Homeland Security while curtailing wasteful earmarks or pork. This is why I do not support a 3-tier Majority party with the Presidency, Senate, and the House of Representatives. It leaves room for corruption. So far this Majority in Congress hasn’t done anything for the American people. I could imagine what would it be like if Obama was elected. If you want to really see a depression, vote for Obama.
For an educated individual, you lent yourself to be jumping on the bandwagon to criticize without providing solutions or corrections. Your tirade is the making of the Left talking view points and extremely inaccurate with half-truths. I didn’t distort any facts. You may “Goggle” the information I stated to back of my premise. Your Liberal mind-set to attack first with accusations base on assumptions is very typical of ignorant people not willing to LISTEN! You may have all these accolades in the academia in business, but you know nothing about politics. Leave those like myself to educate those like you how politics is played in America. I live, eat, and sleep politics and you have no right to interject rhetoric provided by the DNC because they provide no factual bases.
Let me educated to you something. You did not rebuke my statement when this mortgage crisis stated. You should know, since you are in the field of business, when the start of the mortgage crisis took place. You should have been familiar with Andrew Cuomo and his dealings as Secretary of HUD. Instead, of criticizing of my premise, you went off into a tangent that opens you to criticism. You need to read my latest blog for you to understand and tie the information with this particular blog. Under the Clinton Administration, the Republican Majority curtailed his wanted spending. We need to give credit to Speaker of House Newt Gingrich and his contract with America.
You mention Clinton had eliminated the Federal Trade Deficit and Bush allowed it to balloon is confusing. Are you talking about the budget deficit? The Federal Trade Deficit was not eliminated during the Clinton Administration. George Bush monetary policy, which I am not eligible to explain due it is above my pay grade, saved America from going into a faster recession. I thought you are an MBA-EDUCATED person because you would realize that by making good cheaper to buy would improve our GDP. My making our goods cheaper for other countries to buy, it increased jobs in America to make these goods and services. It made us more competitive in the global market.
Prove to me that the meltdown in the financial sector is attributed by President Bush. You cannot find me a smoking gun proof of an answer. Let me educated you that during the Republican Majority during the Clinton Administration, the Democrat Minority filibustered and sided with President Clinton in order to prevent any bills to get passed through.
Blame on the 9% approval rating of the current Democrat Majority that had screw up this economy. Lets go back to the Democrat Minority during the Clinton Administration one more time. They killed the bill that was cosponsored by John McCain to reform the Federal Mortgage industry because corruption is blatantly abused. That is because Senator Chris Dodd (D-Conn), Barack Obama (D-Il), Hillary Clinton (D-NY) and John Kerry (D-Mass) was all paid off with many other politician to turn a blind eye to the Fannie Mae and Freddie Mac “cooking of the books.” The four Senators of question are the top four who were the highest payoffs from Fannie Mae and Freddie Mac. It was John McCain who had the foresight to try to reform a broken system.
Because by allowing Fannie Mae and Freddie Mac to continue their corrupted “cooking of the books,” this ultimately leads to the financial meltdown. Combine this with Secretary of HUD Andrew Cuomo unscrupulous unregulated business decision, Democrats can be rest assured that their incompetents will not go unnoticed.
So, next time, find out what your talking about before you comment on something so far beyond your comprehension. I question your education and your level of intelligence in the field of politics. I recommend you read up on current events once in a while. I will help in developing a nice reasonable debate.
Current mood: mad
Category: News and Politics
Biden calls paying higher taxes a patriotic act...
STRAIGHT FROM DRUDGE.
Biden is an idiot. This is coming from a man who made $2.5 million in the past 10 years and contributed only $3600.00 towards charity. It seems he is overly generous with your money instead of his. What a great guy!
Current mood: bitchy
Category: News and Politics
I mentioned yesterday that the beginning root that started the cascade effect of the mortgage crisis stems back during the Clinton Administration with HUD Secretary Andrew Cuomo.
Today, the market saw another lost and both presidential candidates are positioning themselves in this dramatic turn of events. Obama claims that he is a reformer and points out that McCain has lost his way with lobbyist influencing McCain's decision. That is hogwash!
If I can recall, Obama has 300 foreign policy advisor and has kicked out a handful of advisors for making an ass out of themselves. But it seems that while Obama is using this weak market report, he insists that he can fix it. Well, my friends, he won't and he can't.
Obama has a problem with his unacceptable association with corrupt people. In his own camp, Obama has two economic advisors who were once former Fannie Mae executives. Jimmy Johnson, who was also a former executive of the bankrupt Lehman Brothers, and Franky Raines are part of the Obama camp. Obama, who has been in the US Senator for three years, has pocketed money from the executives of Fannie Mae to turn his eye away from the corrupt accounting scandals that have been taking place. This is very similar to the Enron scandal with the cooking up the books. In fact, in those three years as a Senator, Obama was the 2nd most paid off politician next to Senator Chris Dodd, who both benefitted by handsome contributions from Fannie Mae.
Don't blame Bush for dropping the ball on the sub-prime mortgage/credit crisis. Congress knew about it and was paid off to keep their mouth shut. Only McCain knew what was occurring and cosponsored a bill to reform the federal mortgage industry. If you are interested in the bill, it is S.190 and to let you know that Obama is not one of the cosponsors of the bill. Even McCain made a statement on the Senate Floor with a warning three year ago by stating:
'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.'
But alas, the bill was killed by the Democrats and never seen the light. How funny is it now that the inaction of the past has caught up to us to bite us in the ass? This is why we need leaders who can foresee a problem and get something done. That is what McCain has done and demonstrated during his career in politics. Unlike Obama, he reacts to a problem by panicking and making haste judgements. What do you expect from a rookie?
Tuesday, September 16, 2008
Current mood: ashamed
Category: News and Politics
I have always believed that if you are a gifted speaker you do not need assistance to help deliver your speech. In other words, there is no using note cards, cheat sheets, or Teleprompter. I am bewildered to understand why the media brainwashed the American people that Obama is a great orator and a gifted speaker. Well, if you have a Teleprompter in front of you, it isn't that hard to give out a smashing speech.
Take that Teleprompter away, Obama is nothing, but a mediocre politician that stutters and stammers his words and phrases.
On the campaign trail, the Illinois senator used a Teleprompter at two events in Colorado yesterday. At an event in Pueblo, Colorado, Obama was giving a speech in the middle of a rodeo ring the Teleprompter set up right in front of him.
I know that his gaffes is renowned during regular campaign rallies and town hall events, but having to resort the use of an aid to get his point across is very embarrassing.
Monday, September 15, 2008
Current mood: angry
Category: News and Politics
In today's financial market meltdown, I have kept hearing that it is all Bush's fault. I am getting sick and tired of that political rhetoric, which is base on ignorance and stupidity. Let us get the facts before jumping into erroneous conclusion.
The problem stems that these financial institutions have made bad investments with the sub-prime markets. For the past many months, these banks have been writing off bad debt and it has come to a point that they are unable to stop the bleeding. Today, Bank of America bought out Merrill Lynch and Lehman Brothers are going under bankruptcy proceedings. I'm glad Lehman Brothers is not being bailed out by the Feds and they're setting an example to those other companies that enough is enough. Why should the American tax dollars be used to offset a mistake of another? Take it on the chin and take it like a man.
It is not the Bush Administration fault. There are many factors that lead to this meltdown. From Greenspan "cheap money" policies to Democrats pressuring bank lobbyists to allow loans to be given to anybody with bad credit or not, there are too many factors that couldn't be President Bush fault. It is also difficult to fix the problem that was left by the last sitting president. Yes, if you want to blame on a president, you need to blame on the Clinton Administration.
This mortgage meltdown started during the latter years of the Clinton Administration and the appointment of an INEXPERIENCE man with no banking nor real estate experience to run and regulate the major home mortgage brokers' Fannie Mae and Freddie Mac.
Andrew Cuomo was the youngest appointee to run as secretary for HUD (Housing and Urban Development). During the period from 1997 to 2001, Cuomo made a series of bad decision that lead to this current crisis. He allowed Fannie Mae and Freddie Mac delved into the sub-prime markets without any regulatory mechanism because of its risky investments. Then he allowed the FHA mortgage program to give out outrageous loans with no money down. Cuomo made it legal to have brokers get a kickback for these loans, which lent us to predatory lending. Then Cuomo decided to provide unrealistic flexible loans to low-income families and minorities with little to no money down. These are the reasons why we are in this mess today. You can blame Bill Clinton for putting an INEXPERIENCE fool to run a huge operation, which now caused more than three million families into foreclosure.
To blame Bush is ignorant and stupid. The regulations of the banking system are as outdated like the IRS code. No one knew that this was going to occur. The signs were there, but no one knew it was going to happen now. It took more than 10 years to see this nightmare come as a reality. So, to say that this is Bush's fault is going over the line. Since 2001, Bush had other things to do and that is protecting this country from terrorism. Besides, once the sub-prime market took roots, it was almost impossible to stop its progression. It had a life of its own. Let me put it another way. You try to have sex all the way to climax and stop before ejaculation. It is impossible and so is this.
For those who are not into the graphics, here is an easier picture to grasp. Each mortgage is a commodity that could be sold again and again from the brokers to the bankers to the securities market. If, at the bottom of this pyramid, the borrower is unable to obligate their responsibility to pay the terms of the loan, the home could be repackaged a second or a third time and either refinanced or dumped on a new victim. This is an ongoing ugly process by passing the buck to the next person until the whole charade falls apart.
We have seen similar scandals of unregulated banking go amuck like the Saving and Loan Scandal of the1980's. In time, the market will correct itself. It's called survival of the fittest. Those banks unable to withstand their own stupid mistake will wither away, while the strong will continue to prosper.
This is a small setback that will heal in time. By looking at the conditions of this market, it is a great opportunity to buy. Do not fall prey into the notion that we are heading to a depression. This market has been resilient for the past seven years because our market fundamentals are strong and valid.
Sunday, September 14, 2008
Current mood: sleepy
Category: News and Politics
Whatever happened to the post-partisan uniter that galvanized the country and excited many of us to the point in naming him the "messiah?" I recalled Obama stressing his vision for America with hope and change throughout the Democrat primaries. What happened?
It seems that Obamas decision to do a 180-degree turn was due to the fact he is desperate in clinging to any ounce of respect he has in himself. It is apparent that Obama's slide in the poll numbers started after the Super Tuesday Democratic Primaries. People are starting to notice a bad appeal in Obama, but that is being covered up by the MSM. None-the-less, the voice of the people prevailed with stunning wins in Texas, Ohio, West Virginia, and Kentucky for Hillary Clinton. Obama won the nomination by crawling across the finish line. If all the dirt on Obama was revealed before the Iowa caucus, I think the Democrat primaries would reveal a different result.
Now with Sarah Palin as the newest sensation in this election season, Obama has decided to dig himself deeper in the hole, harder and faster. By going to the voters and equate McCain as for more years of George Bush, Obama vows to go after McCain with vicious tenacity. But alas, Obama's message is not resonating well to the American people. They are not buying into those frivolous claims by Obama. Now, the man, who originally started this election for change, is changing course and attack the vice-presidential running mate for McCain.
Even though the efforts aren't giving positive results Obama wanted, it is clearly that the American people are starting to distance from him. The "lipstick on a pig" comment is a blunder that reminded many Americans the time when Kerry said, "if you don't complete college, you will get stuck in Iraq." I think this is the turning point of this election and we haven't gotten to the debates yet. Heck, I watched Late Night with Letterman this past week to see Obama trying to explain that comment. It is he who is keeping this issue alive. I have watched the video of that comment and it was deliberate. The audience understood what he meant and so did he.
This vicious attack to McCain may resonate well to the Liberal establishment, but not with the independent swing voter Obama is trying to court. It is historically known that negative campaigning will hurt anyone bid to win an election. Since Obama picked an elitist as his running mate, the American people are labeling Obama as an empty Washington suit. The only real independent candidate left is John McCain. By picking Palin as the "WOW" factor to excite the GOP base, McCain has secured his brand as a maverick willing to cross party line. It seems Obama has conceded the position for change to revert doing anything to get elected.
I must give Obama credit by outlasting his mythical persona to the American people up to this point. It was enough to defeat the Clintons by appealing that he was the candidate for change. But everything can't last forever and Obama has demonstrated that. Since winning the Democratic nomination for the presidency, Obama has habitually made many miscues and gaffes, which will eventually hurt his campaign.
With the media on Obama sides, the Obama campaign is doubling down on an approach that he can defeat a beatable McCain, but Obama won't. Why? It is because Obama is unable to seal the deal, barely defeated the Clintons, and the American people are now aware that the media is pushing for an Obama presidency.
You can forget the issues. Obama is intent to bring down the surge of the McCain/Palin ticket. With less than 50 days til election, Obama doesn't have the luxury to go in full detail of his economic plan with the American people. He is so fixated and startled that a woman has stolen his spotlight. My guess is that Obama doesn't have a clue how to explain any of his plans at all, and this is his excuse by playing attack dog on a vice-presidential candidate.
To those who support Obama, this is your candidate for change and hope. Obama is changing his tactics to go more negative in hope he can get away with it and win the presidency. I think that is a good game plan for me to see a McCain/Palin victory.
Category: News and Politics
In today's Rasmussen survey, John McCain reaches the 50% threshold for the first time, while maintaining his three-point lead over Obama. In another interesting finding, more people now expect McCain to win the Presidency than Obama. Even though the percentage was close, I think it there is a general consensus that Obama's campaign is sinking. From the beginning, Obama's rise has relied more on a bandwagon effect of a rock star 'messiah' than on any substantive accomplishments on his part. With the wheels coming loose, Obama's standing in the polls could fall quickly.
Such feeling has transended abroad as well. Like the jailer who once tortured Sen. McCain are lining up to offer their endorsements for his presidential candidacy.
"If I had a vote in the U.S., I would choose McCain," beams retired Col. Tran Trong Duyet, the [Hanoi Hilton prison] camp's former commander. "I want him in the White House."
Obama is doomed!
Current mood: jubilant
Category: News and Politics
By watching John McCain running mate Sarah Palin acceptance speech at the RNC and her first interview with Charlie Gibson, it is so uncanny how she reminds me of a couple prominent strong women, who I truly admire, with regalness, amazing stature, and deserving respect in the likes of Queen Elizabeth and the former Prime Minister Margaret "Iron Lady" Thatcher. Even though people are comparing Palin's style of talk between FDR and Reagan, I see her in the true mode of the "Iron Lady" Margaret Thatcher.
Just like Margaret Thatcher, Palin utilizes humor and biting satire to mock the opposition. Unlike Hillary Clinton inconsistent attack mode, Palin demonstrates a Thatcher-esque range of rhetoric, emotion and language that combine patriotism, witty irony, and of course, common sense. I would have to say that her sassiness and witty sarcasm, which is sincere, with her strength and courage is what is emboldening her embrace by the American people. This is a definition of a strong woman or an Iron Lady. Sarah Palin has shown to be the new modern political woman.
Unlike Hillary Clintons method, which looks bad, when she attacks her opponents is often taken to be too strident and shrill, Palin's Thatcher-esque approach is funny with a biting wit that she relishes and it is captivating to watch. Palin has that mocking attack like a Margaret Thatcher and a rhetoric style of an FDR and Reagan. There are a few out there who would disagree with me, but listen to her speak and compare it to the other candidates. She is probably the one of the best orators in public office that we are witnessing in today's politics.
This is why Democrats are besides themselves and treading on thin ice. Since her announcement as McCain's running mate, the Liberal Democratic establishment has demeaned, patronized and smeared this fine woman. As they continue to attack her, Palin becomes very popular. Her speeches create legions of fans like the way Obama has done in the past. As more and more smears are created by the Obama camp, the more legion of enemies against Obama will be seen.
We are already seeing this with the women in America. Whether Republican, Democrat, or Independent, I have notice that women always stick together no matter what political affiliation they belong to. Once a woman is attacked, you will see a cohesiveness of women stand by the victim because there are a nurturing qualities and bond that they all genetically share. In other words, "I can talk about my mother how I please, but you can't. If you do, consider it a war." That is how I perceive women to be because I have witnessed it myself up close. LOL.
Now, I cannot, in the life of me, understand why Obama has dedicated a good portion of his resources to stop a woman to be president and now having to stop another to be a vice-president. Obama belittled Hillary Clinton during the primaries, and for the next two months will be smearing Sarah Palin. I am assuming that Obama is scared and resent strong women. I'm not surprise. He was abandoned by his father and mother. Yes, Obamas mother keeps shipping him from one grandparent to another as a child while she can have a life of her own. I guess that resentment as scarred him emotionally. Instead of taking on Hillary and Palin on experience and policies, Obama is resorting to tactics that will only accomplish one thing and that is angering many voting women to stand against him.
I say, "keep it up Obama." Unlike the 1996 soccer moms and the 2004 security moms, this election season is the single mom, who are unmarried with children. They will be the determining force that will dictate the outcome of this election. Unlike the political elitism in Washington, whether Democrat or Republican, Palin is a woman of the people, whose life isn't far different from their own and whose priorities mirror theirs.
Look how the campaign contributions between Obama and McCain. Since Obama decline to take public financing, he is having a difficult time garnering cash on his own. In the next two months, he needs to take in $100 million a month to keep afloat and to complete against McCain. There has been a shift of financial support by the American people and they are donating more to the McCain/Palin camp.
What does that say? Obama is in trouble. All I can say, "Dude, pack it up!"
Friday, September 12, 2008
I am going out on the limb to say that Obama can use the race card to energize the African-American base, but Sarah Palin will use the gender card to energize the women of America, who are the dominant voters in any election season.
The Democrats have always maintained certain groups that represented the minorities in America, and it scares the living daylight out of them knowing that they are losing that base to Republicans. The only solid core of the Democrat party is Liberals and Feminist. And it is the Feminist movement that is pissed off at Sarah Palin because she doesn’t fit the mold of a true Feminist. They are saying “how dare that Palin to be pro-life with traditional values!” The Feminist movement is in fear of losing it’s base because they see a woman, who don’t share the Feminist ideology, can have a family, hold conservative values, and have a full time career.
This is the existential threat that Sarah Palin brings to the election and the Democrat Party will have none of it. We see the Obama campaign and his surrogates launching vicious sexist attacks at her and all this time I thought Obama was for change. It is understandable that Palin is the cause of a renewed spirit in the Republican party and throughout America, and I can premise that Obama needs to extinguish her flame before continuing this election campaign.
The latest Fox News poll shows Palin with a 54-27 favorable/unfavorable ratio, which compares well with Barack Obama's 57-36, John McCain's 60-33 and Joe Biden's 51-29. (Of the four, she's the most popular).
Everybody needs to understand what is occurring. The Democrat party core base is women. That is plain and simple. Palin has threatened that core element of the Democrat party. We have already seen many African-American rises in greatness as Republicans like Derek Jeter, Colin Powell, A-Rod, Condi Rice, Kobe Bryant, and Tiger Woods. Since more and more African-Americans see the Republican light, the core base that the Democrats cannot lose is women. This is why the Democrat party is intending to obliterate Palin, lest her popularity will eat away at the Democrat core base. To have a Republican woman as vice-president will open a new door of opportunity for Republicans to welcome them in. This is so perfect that you cannot make this up.
Just look how foolish the Democrats are behaving. You got a South Carolina Democrat chairwoman who said yesterday that the only qualification Palin had for the vice-president was that she didn’t have an abortion. You have 30 lawyers working for Obama in Alaska trying to find dirt on Palin. Then you have liberal bloggers creating rumors against Palin. Not to out match any of these tactics, Obama is planning to wait til weeks before the election to spring his secret weapon. It is the same tactic that gave him victory as an Illinois State Senate and the US Senate. Obama is going to exploit a scandal that Palin fired the police commissioner because he wouldn’t fire a state trooper that was Palin’s brother-in-law. I caught onto this rumor throughout the blogosphere. This is Obamas cowardliness to resort to such blatant sexism to show his desperation.
Another concern for Obama came upon Fox News poll this past week. The question that was surveyed is which of the four candidates best understands what day to day life is like in America. Palin finished first, with 34%, and Obama with 31%. It is clear that Palin understands what it’s like to be a modern day woman living in ths current environment in America. She is not an elitist nor graduated from an ivy league college. She wasn’t born with a silver spoon in her mouth and she is outside of the mainstream Washington politics.
Palin is just like one of us and that is something Democrats, Feminist, and Liberals are actually burning up inside because they fear her so much. I have always thought that this will be a nonnegative campaign election. It seems that Obama is out to win this election any way he can. His obsession to trounce Palin will only backfire on him. The American people are showing a very unfavorable view on him already. He is not the “messiah” as the media portrays him, but instead as a disgruntled community organizer.
Thursday, September 11, 2008
September 11, 2001, was etched into America's memory when 19 terrorists attacked us with barbarity unequaled in our history. On Patriot Day, we cherish the memory of the thousands of innocent victims lost, extend our thoughts and prayers to their families, and honor the heroic men and women who risked and sacrificed their lives so others might survive.
Since 9/11, we have recognized the threat posed by terrorists to the safety of the American people and worked to protect our homeland by fighting terrorists abroad. We are confronting terrorism by advancing freedom, liberty, and prosperity as an alternative to the ideologies of hatred and repression. Our Nation pays tribute to our courageous men and women in uniform serving around the world and the devoted members of our law enforcement, public safety, and intelligence communities at home who work night and day to protect us from harm and preserve the freedom of this great Nation.
Seven years ago, ordinary citizens rose to the challenge, united in prayer, and responded with extraordinary acts of courage, with some giving their lives for the country they loved. On Patriot Day, we remember all those who were taken from us in an instant and seek their lasting memorial in a safer and more hopeful world. We must not allow our resolve to be weakened by the passage of time. We will meet the test that history has given us and continue to fight to rid the world of terrorism and promote liberty around the globe.
By a joint resolution approved December 18, 2001 (Public Law 107-89), the Congress has designated September 11 of each year as "Patriot Day."
NOW, THEREFORE, I, GEORGE W. BUSH, President of the United States of America, do hereby proclaim September 11, 2008, as Patriot Day. I call upon the Governors of the United States and the Commonwealth of Puerto Rico, as well as appropriate officials of all units of government, to direct that the flag be flown at half-staff on Patriot Day. I also call upon the people of the United States to observe Patriot Day with appropriate ceremonies, activities, and remembrance services, to display the flag at half-staff from their homes on that day, and to observe a moment of silence beginning at 8:46 a.m. eastern daylight time to honor the innocent Americans and people from around the world who lost their lives as a result of the terrorist attacks of September 11, 2001.
IN WITNESS WHEREOF, I have hereunto set my hand this eighth day of September, in the year of our Lord two thousand eight, and of the Independence of the United States of America the two hundred and thirty-third.
GEORGE W. BUSH
Wednesday, September 10, 2008
It seems the Democrat machine has lost couple major screws and it is leaking oil in a severe way and there seems no way to stop it. It is affecting every spectrum of this political race, and the Democrats have no idea how to contain it. You got Obama trying to clarify his idiotic statement of “pigs and lipstick” to mean something totally different from what he originally meant, and Biden saying today that Hillary should have been the vice-presidential choice instead of him. If you want to kill a campaign, just watch how Obama and Biden are doing it. I am hearing that Obama may drop Biden for Hillary, but I am almost certain that it would be political suicide. With 50 plus days to go till the election, I think there wouldn’t be enough time to make the transition go smoothly without chaos. Besides, in the next three to four weeks, we will see the vice-presidential debates. I don’t think Hillary would be ready. I don’t think America would be ready for another addition to this soap opera.
Not only Obama and Biden are leading the way to certain defeat. You have Democrat political pundits, politicians, and strategists fueling the fire of stupidity. For instance, you have the South Carolinian Democratic Chairwomen Fowler saying that Palin primary qualification is that she hasn’t had an abortion to a Democratic Congressman saying that Obama is a community organizer just like Jesus Christ and Pontius Pilate was a governor. That Congressman was not the only one who said this. There were several political strategists supporting this idiotic view. I heard one of them spoke on CNN today. I think this is one of the absurd game plans to get the attention of the religious Christian voters. I would say that such comparison is idiotic. To compare Obama to our Savior is obscene. I know for sure the Jesus Christ wouldn’t tolerate associating with the likes of Rev. Jeremiah Wright, Bill Ayers, and Father Phleger.
Can you see the insanity that Sarah Palin caused? She has created a level of panic to Obama and the Democrats, who thought they got this election all sewn up. I have heard on the Sean Hannity talk radio show there are talk within the Obama camp that Barack Obama is panicking. Well, he should be restless and be deeply concerned. This is not like running for the Illinois State Senate and tossing out the opponents off the ballot by a technicality. This is big time stuff and it has been a rude awakening for the community organizer.
Tuesday, September 9, 2008
Barack Obama is very dangerous without a Teleprompter because he stutters, stammers, and has episodes of Tourettes. Obama said, "You know, you can put lipstick on a pig, but it's still a pig." For those who haven’t caught Sarah Palin acceptance speech, she used this trademark line, "What's the difference between a hockey mom and a pit bull? Lipstick." It absolute seems that Obama was making that reference to Sarah Palin. As I have always said, it is the Democrats that always uses demeaning and derogatory statements to embarrass their opponent. It is just simply cruel and without merit.
Of course, we cannot forget Obamas sidekick Joe Biden. Joe Biden said today that people who support unlimited stem cell research care more about special needs children than those who don't. Even for Joe Biden, this is an all time low. I have been telling people not to worry about the vice-presidential debates because we can count on Joe Biden to say the most idiotic remark. It is almost a guarantee that he won’t disappoint us.
With these two buffoons end their political White House bid by attacking the Republican vice-presidential nominee, I cannot see how the Democrats are ever going to recover. It seems every Liberal is attacking Sarah Palin. She is the Achilles heel of the Democrat party. Forget trying to soften the blow as the Democrats done with Hillary Clinton. They are going for the jugular. The Liberal establishment is throwing everything against the wall and sees what sticks.
I cannot believe that the Liberal establishment is reaching deep because they see the White House slip away. I say, “keep it up.” I want to see these Liberals derange and completely lose their ability to cope just like those still recovering when Bush won in 2000. LOL.
Monday, September 8, 2008
VP Nominee Palin'
As posted Saturday on the Late Show with David Letterman Web site, last week's winning "Top Ten Contest" entries for the "Top Ten Little-Known Facts About Republican V.P. Nominee Sarah Palin."
10. Won the governorship from a scratch off lottery ticket (Michael S, South Bend)
9. Every year wrestles a polar bear at the Alaska State Fair (Paul L, Sandy, UT)
8. Commutes to her office with a hybrid-powered dog sled (Bill C, Palm Beach Gardens)
7. Hottest vice presidential candidate since Joe Lieberman (Clint W, Cedar Falls, IA)
6. She invented the Internet (Marty M, Bassett, VA)
5. Three words: raised by Huskies (Zach E, Chappaqua, NY)
4. That thing on her head is related to that thing on Donald Trump's head (Tom P, Fort Myers, FL)
3. First V.P. to wear pumps since Mondale (Nelson S, Torrance, CA)
2. Frequently gets 3am phone calls from Bill Clinton (Joanne P, Johnston, RI)
1. David Duchovny's addicted to her (Bob J, St. Paul, MN)
Sunday, September 7, 2008
As I said yesterday how Obama tries to us spin to put his opponents on the defensive, it turns out that on an exchange with ABC's George Stephanolpoulos on "This Week" Barack Obama gaffed that he is of the Muslim faith.
It must be hard to keep facts from fiction straight. Barack Obama is a Muslim, taught as a child as a Muslim, and will forever will be a Muslim as long it is politically expedient. If he isn't a Muslim, why does Barack Obama keep his Muslim name instead of his Christian name Barry Soetero? Like I said, whatever is politically expedient.
Read the article: Obama Slips on TV: "My Muslim faith."
Saturday, September 6, 2008
Another Unpatriotic Miscue from Barack Obama
Current mood: infuriated
Category: News and Politics
This article is a must read. It exposes the hypocrisy of Obamas so-called patriotism. With all his faults that have been documented and videoed, it is clear without reasonable doubt that Barack Obama has some patriotic issues. To trash these used 12,000 or so miniature flags after the Obama coronation as regular trash is horrible. We have established laws in the US Code in how we dispose the American flag properly. The Obama camp is calling this as a political stunt. Well, if they did what they were suppose to do, this wouldn't be an issue.
Obama tried to turn the tables around, but instead, he made himself look like a victim of a race card. Yesterday Barack said,
"....the Republicans are trying to make the election a personality contest, and that what they're really saying is we're going to try to scare people about Barack. So we're going to say that you know, Maybe he's got Muslim connections or we're going to say that, you know, he hangs out with radicals or he's not patriotic."
I still don't get it. Can you name a Republican from the McCain camp or wherever calling Obama a Muslim? Obama also tried to case doubt by pointing out the facts. He DOES hang out with radicals and we have video that shows him to be unpatriotic. Therefore, I have no idea why he keeps putting himself into a tight corner. I call it very stupid. I really think Obama is trying to blow this election because Barack knows he is unqualified to lead this country. Like Duh!
Friday, September 5, 2008
Current mood: excited
Category: News and Politics
If the Democrat Party tries to portray celebrity status with Barack Obama, the GOP has one of their own and that is Sarah Palin. It has been only one week and the Democrat Liberal establishment has gone unhinged. Surprise by McCain's announcement of his running mate, it is funny to see the disarray and bewilderment among the minions of Obama, which are all rookies including the 300 foreign advisors, to get a firm footing.
The articulateness of a Reagan style orator Sarah Palin stunned the Liberal establishment into chaos. It comes to the point where Obama is stuttering and stammering his words and over using of the words "aaahhh," and "ummmm" in showing his nervousness that his coronation will soon be overturned.
I am loving every minute of it. Obama has asked Hillary Clinton and strong-willed female feminist politicians to help and quell Sarah Palin's popularity. Obama should be nervous. I bet Hillary is laughing within to see Obama beg for her help. The recent polls from CBS showed that Obama and McCain are tied and that is not counting Sarah Palin's brilliant speech from Wednesday night and McCain's acceptance speech from last night.
The whole country is yelling for Sarah Palin. I think a new rage has come into town. Feminism, which was the popular thing years ago, gave a pass to a new movement. It's the modern-day woman and Sarah Palin is an example of it. The modern-day woman is the strong woman who is able to work long days and come home and multitask multitudes of chores to keep the household cohesive. The modern-day woman is a "soccer mom" and has extracurricular activities outside of the home. Unlike the Feminist, the modern-day woman works well in a workplace without a chip on her shoulder. She likes to be romanced and hold intelligent conversation with the person in front of her. I would call this a watered down Feminist movement, but a movement that has been building for decades.
I have noticed many Feminist and pompous elitist males from journalist to politicians trying to bring down Sarah Palin, but it's not working. Instead, it is catapulting the popularity of Sarah Palin by pissing the Conservative grassroots, independents, and the modern-day women's movement. The magazine, US, has lost a lot of subscriptions in one day when they attacked Sarah Palin. Ophra Winfrey is having a hard time deciding to put Sarah Palin on the show or not. It is widely known that she supports Obama and this would be total hypocrisy. Now, her dilemma is between keeping her support for Obama or her television ratings. I would have to say it's too close to call. LOL. Many blogs and articles from the mainstream media aren't able to articulate a case against Sarah Palin. It is making them look totally foolish with their nonsense.
It seems that the Obama campaign is in deep waters. I think McCain's new campaign motto is "Change and Reform." Both McCain and Palin have established themselves as reformers and by example it is obvious that they would take that view into the White House when elected. It was described that this ticket is populist, reformist, anti-establishment, grass roots and anti-corruption.
I love when McCain said at the RNC last night, "Let me offer an advance warning to the old, big-spending, do-nothing, me-first-country-second Washington crowd: Change is coming." The message is very clear and the American people understand it. I am certain that 40 million American, which is a few million less Americans who watched Obama's acceptance speech, got the point when Sarah Palin echoed McCain's ideology.
It is now evident that the Democratic Liberal establishment is sexist by their assault on a woman vice-presidential running mate for John McCain. I am assuming these Liberals are sore that the Obama campaign cannot deliberately decide to name a female Democrat as vice-president and are crying foul that the Republicans stole their idea. LOL. And to see the media and the Democratic pundits ganging up on Sarah Palin is the most horrible act of "Liberal's gone wild."
The sad fact is that this is not going to end anytime soon. I can guarantee that by next week these idiots of the mainstream media will attack Sarah Palin's religion. This is going to be another ugly election season. I want to prove once and for all that it is the DEMOCRATS who is the party that uses these ugly tactics to smear their way to victory. If you don't believe me, you need to read the blogs on the internet, the newspapers, and the ads you see on television to prove my point.
The race is on for McCain/Palin to send a message on the campaign trail that they will change the dynamics of Washington by reforming Congress. In other words, they are going to kick some butt and make some heads roll. They will also emphasize Barack Obama's inexperience and failure to grasp that a community organizer cannot change Washington.
Thursday, September 4, 2008
Current mood: inspired
Category: News and Politics
I love the candor of Sarah Palin. Her speech is a similar remnant in the spirit of Ronald Reagan as a brilliant orator. For the past five days after the announcement as the vice-presidential candidate for John McCain, she returned full force and attack the critics and the Obama camp. She looked very smooth and comfortable in addressing a huge dynamic crowd. This was her night and she made the most out of it. In fact, as of today, the 6-8 point bump from Obama's DNC convention has taken a nose dive backwards. Because of Sarah Palin's speech last night, she was able to knock down Obamas lead back to even with John McCain.
I want to share some of the highlights of her speech.
Introducing her 4-month year old Trig with special needs and her empathy to families, who can share the Palin's situation.
"And in April, my husband Todd and I welcomed our littlest one into the world, a perfectly beautiful baby boy named Trig. From the inside, no family ever seems typical. That's how it is with us. Our family has the same ups and downs as any other . . . the same challenges and the same joys. Sometimes even the greatest joys bring challenge. And children with special needs inspire a special love. To the families of special-needs children all across this country, I have a message: For years, you sought to make America a more welcoming place for your sons and daughters. I pledge to you that if we are elected, you will have a friend and advocate in the White House."
The lessons taught as a child
"And among the many things I owe them (her parents) is one simple lesson: that this is America, and every woman can walk through every door of opportunity . . . We grow good people in our small towns, with honesty, sincerity, and dignity. I grew up with those people. They are the ones who do some of the hardest work in America . . . who grow our food, run our factories, and fight our wars. They love their country, in good times and bad, and they're always proud of America. I had the privilege of living most of my life in a small town."
Palin's comment from her critics on experience
"And since our opponents in this presidential election seem to look down on that experience, let me explain to them what the job involves. I guess a small-town mayor is sort of like a 'community organizer,' except that you have actual responsibilities."
Palin's attack on the hypocrisy of Barack Obama elitism
"I might add that in small towns, we don't quite know what to make of a candidate who lavishes praise on working people when they are listening, and then talks about how bitterly they cling to their religion and guns when those people aren't listening. We tend to prefer candidates who don't talk about us one way in Scranton and another way in San Francisco."
Palin's comment on the Mainstream Media
"And I've learned quickly, these past few days, that if you're not a member in good standing of the Washington elite, then some in the media consider a candidate unqualified for that reason alone.
But here's a little news flash for all those reporters and commentators: I'm not going to Washington to seek their good opinion - I'm going to Washington to serve the people of this country. Americans expect us to go to Washington for the right reasons, and not just to mingle with the right people."
Palin's promise to the American people
"I pledge to all Americans that I will carry myself in this spirit as vice president of the United States. This was the spirit that brought me to the governor's office, when I took on the old politics as usual in Juneau . . . when I stood up to the special interests, the lobbyists, big oil companies, and the good-ol' boys network . . . And in short order we put the government of our state back on the side of the people. I came to office promising major ethics reform, to end the culture of self-dealing. And today, that ethics reform is the law."
Palin's biggest executive decision
"I fought to bring about the largest private-sector infrastructure project in North American history. And when that deal was struck, we began a nearly forty billion dollar natural gas pipeline to help lead America to energy independence. That pipeline, when the last section is laid and its valves are opened, will lead America one step farther away from dependence on dangerous foreign powers that do not have our interests at heart."
Palin understands the importance of foreign and energy policy
"When a hurricane strikes in the Gulf of Mexico, this country should not be so dependent on imported oil that we are forced to draw from our Strategic Petroleum Reserve. And families cannot throw away more and more of their paychecks on gas and heating oil. With Russia wanting to control a vital pipeline in the Caucasus, and to divide and intimidate our European allies by using energy as a weapon, we cannot leave ourselves at the mercy of foreign suppliers. To confront the threat that Iran might seek to cut off nearly a fifth of world energy supplies . . . or that terrorists might strike again at the Abqaiq facility in Saudi Arabia . . . or that Venezuela might shut off its oil deliveries . . . we Americans need to produce more of our own oil and gas. And take it from a gal who knows the North Slope of Alaska: we've got lots of both. Our opponents say, again and again, that drilling will not solve all of America's energy problems - as if we all didn't know that already. But the fact that drilling won't solve every problem is no excuse to do nothing at all. Starting in January, in a McCain-Palin administration, we're going to lay more pipelines . . . build more nuclear plants . . . create jobs with clean coal . . . and move forward on solar, wind, geothermal, and other alternative sources. We need American energy resources, brought to you by American ingenuity, and produced by American workers."
Palin's attack on Obamas achievements
"But listening to him (Obama) speak, it's easy to forget that this is a man who has authored two memoirs but not a single major law or reform - not even in the state senate."
Palin's attack on Obamas plan for America
"This is a man who can give an entire speech about the wars America is fighting, and never use the word 'victory' except when he's talking about his own campaign. But when the cloud of rhetoric has passed . . . when the roar of the crowd fades away . . . when the stadium lights go out, and those Styrofoam Greek columns are hauled back to some studio lot - what exactly is our opponent's plan? What does he actually seek to accomplish, after he's done turning back the waters and healing the planet? The answer is to make government bigger . . . take more of your money . . . give you more orders from Washington . . . and to reduce the strength of America in a dangerous world. America needs more energy . . . our opponent is against producing it."
Palin's attack on Obama stances on Iraq and Terrorism
"Victory in Iraq is finally in sight . . . he wants to forfeit. Terrorist states are seeking nuclear weapons without delay . . . he wants to meet them without preconditions. Al Qaeda terrorists still plot to inflict catastrophic harm on America . . . he's worried that someone won't read them their rights?"
Palin sets the difference between Obama and McCain
"In politics, there are some candidates who use change to promote their careers. And then there are those, like John McCain, who use their careers to promote change. John McCain doesn't run with the Washington herd. He is a man who's there to serve his country, and not just his party."
Wednesday, September 3, 2008
Current mood: angry
Category: News and Politics
This is the day that journalism and the media have died. Liberalism has shown its ugly face for all to see and it took a maverick in picking a woman as his vice-president to accomplish this. For the past five days, the media created and ran on dangerous grounds stories that are full of untruth, slander, and demeaning to all women, who worked so hard in making themselves known and not hidden behind a while male corporate world.
From rumors of her 4-month year old baby with special needs is really her grandchild to exploiting her 17-year-old daughter's pregnancy, how low can the media be and still be credible. Well, that has died many years ago and this is the breaking point of their existence. The National Inquire has already got their tabloid minions out to create an incredulous slander on Governor Palin. This tabloid trash, within days, got a story from the ex-brother-in-law of Sarah Palin on false rumors of infidelity between Palin and another man. In the case for John Edwards, the National Inquire had the story, but waited to get pictures and proof of Edwards infidelity. This is an attack on women in general and not being the first to break a story into the mainstream.
I thought feminism is a Liberal ideology. In today's society, it is normal to see a strong will women put in a 40-hour week, come home and take care of family, and do it all over again the next day. That is the women's movement for the past several decades. And to see this being degraded by hostile attacks on Palin is unjust.
I put a plea to every woman reading this blog and to stay to yourself, "is it worth it to allow a white-male dominated world to diminish the accomplishments of what the women's movement has created for the past quarter century." It is so obvious to see how degrading and humiliation the media and the Liberal establishment are treating to Palin. They did the same thing to Hillary Clinton in her quest to the presidency, but the act was more subtle. This, on the other hand, is a blatant attack on the accomplishment of a hard-working woman.
Sarah Palin has five children and she works for a living. She wants to create an environment for her children to have a chance to grow into respectable citizens. She went after powerful corrupt government officials and won. And now, she wants to do the right thing and make a mark that was left by Hillary Clinton and her predecessors to break that barrier that has plague the equality and empowerment of every woman from the very young to the elderly. I think it is time that we all stand together and put a McCain and Palin into the White House in order that these reformers can do the job that the American people desires.
With a very low approval rating in Congress and every American being disgusted by the corruption of interest groups and lobbyist controlling every Congressmen and Senators, the only ticket in town to make a difference is a McCain/Palin ticket than the standard Washington elitist of Obama/Biden. If you elect an Obama/Biden ticket, be prepared to see a setback in the women's movement. Obama who said that he understands middle America is frustrated and they show it by clinging to their guns and Bible is someone who has no idea what middle America is going through. He has no idea what a normal American family does in a typical day. Biden is just like Obama. He, who lost his wife and daughter in a car accident, went on to raise his boys while being a Senator. This is no different in Palin's case where she governs a huge state and comes home and helps her husband take care of the home and the children. Like Obama, Biden has shown that stereotyping people is considered the norm. For us, we call this being an ignorant racist and a bigot.
This horrible display of journalism has shown that they are only for their own special interest. They don't represent the American people. They rather smear a governor, who has an 86% approval rating in her state, and try to portray her as a bad mother.
All I can say is that to keep it up! The Liberal establishment has gone past the point of no return. There will be backlash by every single woman, who are the majority that votes. Just remember, if McCain/Palin ticket becomes a reality, not only they will clean house in Washington, they will take on the corruption of the left wing media.
Monday, September 1, 2008
The Beast-Killer McCain Slayed the Evil Barack With The Sword of Palin
Doesn't matter what bump the DNC convention gave to the "messiah." The beast-killer McCain slayed once again the evil with his secret weapon- "The Sword of Palin." The contest is deemed even with McCain/Palin with the advantage. This whole election race is "3 moves to checkmate" in favor for McCain.
It doesn't help that the left keeps attacking Palin and her family. To say that the newest child with special needs is one of her childs kid is a digusting rumor ever to be created by idiots.
The newest is Palin 17-year-old daughter expecting to be a mother. Why does the left make it seems bad? Palin's daughter said that she is keeping the baby and is planning to wed the father of the child. Isn't that want responsible individuals do? Unlike Obama when he said, "I will teach my 9 and 6 year old daughters good moral value, but if they make a mistake, I don't want them to be punish with a baby..."
Seems Obama, who supports abortion, would use the coat hanger method or any other means to end the life of that unborn child.
That is what the left wing idiots understand. Since when does the children of any candidate becomes the target of a campaign? It seems only Liberals and the Democrats enjoy using this horrible tactic. Like I said, that is the only thing they know how.