Do Facts Matter? by Thomas Sowell

"It was Senator Dodd, Congressman Frank and other liberal Democrats who for years refused requests from the Bush administration to set up an agency to regulate Fannie Mae and Freddie Mac."

O'S DANGEROUS PALS: BARACK'S 'ORGANIZER' BUDS PUSHED FOR BAD MORTGAGES

"In the name of fairness to minorities, community organizers occupy private offices, chant inside bank lobbies, and confront executives at their homes - and thereby force financial institutions to direct hundreds of millions of dollars in mortgages to low-credit customers.

"In other words, community organizers help to undermine the US economy by pushing the banking system into a sinkhole of bad loans. And Obama has spent years training and funding the organizers who do it."

TRAINING A SOCIALIST ARMY OF WORLD SERVERS

"Obama's plan is radically different. Aimed at socialist change, it would raise 'religious' boundaries, limit free speech, and ban divisive truths. It must be tolerant of today's amoral values and militantly intolerant toward traditional values. And -- like the tactics outlined in Saul Alinsky's 'Rules for Radicals' -- it would use deception and "agitation" to create conflict, and the Hegelian/Marxist dialectic process to manipulate minds and establish the planned solidarity."

U.S. ARMY TROOPS TO SERVE AS U.S. POLICEMEN?

"One of America's most sacred principles has always been that the U.S. military was never to be used for domestic law enforcement. The fear of standing armies ran very deep in the hearts and minds of America's founders. The tyranny and misery inflicted upon the colonies by British troops weighed heavily upon those who drafted our Constitution and Bill of Rights. In their minds, the American people would never again be subjected to the heavy weight of army boots. Furthermore, they insisted that America would have a civilian--not military--government."

THE SAD ROAD TO SOCIALISM

"Socialism is the mechanism which transforms government from its noble role as a protector into a predator and, since the citizens of our fine country seem determined to plow through socialism to its bitter end, we should examine the territory through which these three sad steps lead. The core result of socialism is the destruction of private property and wealth.

"The events described in this piece are a composite of the ravages of socialism experienced in other countries. While each country does experience all the events portrayed, all socialist countries follow the same miserable path. The U.S. doesn’t have to go down this path, but it seems determines to do so."

THE SPEAKER, THE CANDIDATE AND THE WINDBAG

"Do you see the problem here? Biden admitted that the abortion procedure terminates a new human life. So how can he, in good conscience, defend a 'woman’s right to choose' to kill her unborn child? We’re talking murder here! And we’re talking a large number of murders. Approximately 1.3 million abortions are performed in the U.S. each year and only about 1-2 percent is for the 'hard cases': rape, incest, life of the mother. According to the Guttmacher Institute: 'Nearly half of pregnancies among American women are unintended, and four in 10 of these are terminated by abortion. Twenty-two percent of all pregnancies (excluding miscarriages) end in abortion.' This is the inconvenient truth about why a large number of women have abortions!"

Are We Going To Hand Our Nation To Propagandists?

"It is a pathetic crumbling of what was once journalism. Journalists are now part of the problem in America’s government. They are a key element of the Political Industrial Complex which has strangle hold on the levers of power and are barring any of 'We The People' from getting to those levers. You can see it in how they have reacted to Sarah Palin, being just a commoner from the backwoods."

Obama: Folks Tricked Into Buying Homes

Obama: "Think about it. The top mortgage lenders spend $185 million lobbying Congress, and we wonder why Washington looked the other way when they were tricking families into buying homes they couldn’t afford…"

A Democratic-controlled Congress looked the other way.

Video: Fox News hammers Democrats again for Fannie/Freddie mess

Watch....

Timeline shows Bush, McCain warning Dems of financial mess

Watch the video....

HOW TO TURN A FREE PEOPLE INTO SLAVES

"It is not difficult to see that this is a highly unhealthy system to have in a free society. In fact, the logic is reminiscent of another system of domestic dictatorship that once tried unsuccessfully to co-exist with free civil government. Politically, the most powerful argument against slavery – and what eventually did more than any other to bring about the realization of how threatening it was to democratic freedom – was less its physical cruelty than its moral degeneracy: the tyrannical habits it encouraged in the slaveholder, the servile ones it fostered in the slave, and the moral degradation it engendered in both. Such dispositions were said to be incompatible with the kind of republican virtue required for free self-government."

NY Inner City School: Why We Love Obama

"One day before class started, one of the mostly Dominican students explained to the rest of the class why Obama should be the next president:

"1. He’s gonna legalize pot.

"2. He’s gonna get back at white people.

"3. He’s gonna give us lots of money.

"So there you have it. Essentially the Democratic platform in a nutshell, and why you should vote for Barack Obama."

Fannie Mae Eases Credit To Aid Mortgage Lending

We're gonna party like it's 1999....

"Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits."

Published this day in 1999.

The Democrat Record On Fannie Mae & Freddie Mac (2003-2007) - Updated!

"First of all, Fannie Mae Freddie Mac, these are two companies, that have been closely tied to the Democratic Party. I think is the best way to put it. And they’ve been under a regulatory cloud. That may be lifted." -- Congressman Barney Frank (D-MA)

Joseph Goebbels Rises Up From The Dead And Leads Liberal Media To Their Messiah

"I know the liberals want revenge. There are liberals in my own family who cannot wait to shove something in smug conservative faces and make us feel the pain of being rejected. That is why this thing is running on hate and it seems Obama is only speaking to the Kos Kids. But is that America?"

Obama Using Alinsky's Marxist Tactics: Tells Supporters To Crash McCain Palin Events

"Interestingly, I have a friend that is an avowed socialist and communist (nice guy, good friend, great sense of humor, but we're absolute opposites socially and politically), and who supports Obama, tells me that Obama has always been a Marxist and he thinks it's funny that so many Americans are supporting him. This guy's a hard worker but he just told me today that if Obama wins he's going to quit work and just live off welfare and Obama's socialist programs."

Penny-Wise Politics by Thomas Sowell

"People who say that they cannot understand how CEOs in general get so many millions of dollars seem not to realize what a trivial thing they are saying. Most people do not understand most things. But that is no reason to have national policy guided by their ignorance."

An ACORN Falls from the Tree by Ken Blackwell

"And there’s an unexpected twist. One of the organizations accused of pushing banks into making many of the unwise loans at the heart of the current crisis is … ACORN. Now that’s ironic. An organization that possibly contributed to our current financial profits is now being considered to make money off of it. And by 'money,' I’m referring to your tax money.

"Twice already this year Congress has funneled money to ACORN. Some report that February’s economic stimulus included funds for ACORN, as did the bill to help people struggling with mortgages passed this April."

How the Democrats Created the Financial Crisis: Kevin Hassett

"The clear gravity of the situation pushed the legislation forward. Some might say the current mess couldn't be foreseen, yet in 2005 Alan Greenspan told Congress how urgent it was for it to act in the clearest possible terms: If Fannie and Freddie 'continue to grow, continue to have the low capital that they have, continue to engage in the dynamic hedging of their portfolios, which they need to do for interest rate risk aversion, they potentially create ever-growing potential systemic risk down the road,' he said. 'We are placing the total financial system of the future at a substantial risk.'

"What happened next was extraordinary. For the first time in history, a serious Fannie and Freddie reform bill was passed by the Senate Banking Committee. The bill gave a regulator power to crack down, and would have required the companies to eliminate their investments in risky assets.

"If that bill had become law, then the world today would be different. In 2005, 2006 and 2007, a blizzard of terrible mortgage paper fluttered out of the Fannie and Freddie clouds, burying many of our oldest and most venerable institutions. Without their checkbooks keeping the market liquid and buying up excess supply, the market would likely have not existed.

"But the bill didn't become law, for a simple reason: Democrats opposed it on a party-line vote in the committee, signaling that this would be a partisan issue. Republicans, tied in knots by the tight Democratic opposition, couldn't even get the Senate to vote on the matter.

"That such a reckless political stand could have been taken by the Democrats was obscene even then. Wallison wrote at the time: 'It is a classic case of socializing the risk while privatizing the profit. The Democrats and the few Republicans who oppose portfolio limitations could not possibly do so if their constituents understood what they were doing.'''

Burning Down The House: What Caused Our Economic Crisis?

Watch this 11-minute music video that explains everything.

In IRS Protest, Pastors Back Candidates

"'The basic thrust was this was not a matter of endorsing, it's a First Amendment issue,' Hice said. 'To say the church can't deal with moral and societal issues if it enters into the political arena is just wrong, it's unconstitutional.'"

Text of Speaker Pelosi's floor statement

"The American people did not decide to dangerously weaken our regulatory and oversight policies. They did not make unwise and risky financial deals. They did not jeopardize the economic security of the nation. And they must not pay the cost of this emergency recovery and stabilization bill."

Watch Dems Defend Fannie/Freddie Scam

"Some more inconvenient truths, via YouTube...."

House Hearings On ACORN’s Voter Fraud

"WASHINGTON, Sept 25, 2008 /PRNewswire-USNewswire via COMTEX/ — James Terry, Chief Public Advocate for the Consumers Rights League, today testified at a joint House Administration and House Judiciary Committee oversight hearing on 'Federal, State and Local Efforts to Prepare for the General 2008 Election,' where he highlighted 'corruption at every level of ACORN including embezzlement, cover-ups, misuse of taxpayer funds and voter fraud.'”

The Nearly Smoking Letters

"'But Steve Diamond has unearthed correspondence prior to the formation of the Chicago Annenberg Challenge documenting some key points...."

Obama: Why Black America Should Have Doubts

"As a Black American, I have developed serious doubts about Senator Barack Obama. Based on what I have seen, read and heard, I have come to view him as potentially dangerous – for our country and in particular for Black Americans.

"Obama’s handsome features, physical stature, and eloquence combine to make him a charismatic politician. You must admit this can be a deadly combination for us as Black Americans. In my view, we tend to have an addiction to 'feeling good.' We are easily satisfied with goose bumps that go no deeper than our first layer of skin. We are often afraid to look deeper – beyond the obvious – because then we would have to be responsible for our choices and refute the belief that a person who looks like us will automatically 'take care of us.' It is the Black mindset that presses upon us to say, 'Give the brother a chance.'”

Media Mum on Barney Frank's Fannie Mae Love Connection

"The news media have covered the relationship in the past, but there have been no mentions since 2005, according to Nexis and despite the collapse of Fannie Mae. The July 3, 1998, Reliable Source column in The Washington Post reported Frank, who is openly gay, had a relationship with Herb Moses, an executive for the now-government controlled Fannie Mae. The column revealed the two had split up at the time but also said Frank was referring to Moses as his 'spouse.' Another Washington Post report said Frank called Moses his 'lover' and that the two were 'still friends' after the breakup.

Lawmaker Accused of Fannie Mae Conflict of Interest

"'It’s absolutely a conflict," said Dan Gainor, vice president of the Business & Media Institute. "He was voting on Fannie Mae at a time when he was involved with a Fannie Mae executive. How is that not germane?

"'If this had been his ex-wife and he was Republican, I would bet every penny I have - or at least what’s not in the stock market - that this would be considered germane,' added Gainor, a T. Boone Pickens Fellow. 'But everybody wants to avoid it because he’s gay. It’s the quintessential double standard.'"

O’Reilly smacks down Barney Frank

Watch the video....

Blast from the Past: Bernanke Calls for Stronger Regulation of Fannie, Freddie

From March 7, 2007:

"Federal Reserve Chairman Ben S. Bernanke said yesterday that the scale of Fannie Mae's and Freddie Mac's mortgage investments could pose risks to the financial system, and he called for them to limit their holdings almost exclusively to loans for affordable housing."

Blame Fannie Mae and Congress For the Credit Mess

"The strategy of presenting themselves to Congress as the champions of affordable housing appears to have worked. Fannie and Freddie retained the support of many in Congress, particularly Democrats, and they were allowed to continue unrestrained. Rep. Barney Frank (D., Mass), for example, now the chair of the House Financial Services Committee, openly described the 'arrangement' with the GSEs at a committee hearing on GSE reform in 2003: 'Fannie Mae and Freddie Mac have played a very useful role in helping to make housing more affordable . . . a mission that this Congress has given them in return for some of the arrangements which are of some benefit to them to focus on affordable housing.' The hint to Fannie and Freddie was obvious: Concentrate on affordable housing and, despite your problems, your congressional support is secure."

How Freddie Mac Bribed House Committee

From April 2006:

"WASHINGTON - The home loan giant Freddie Mac has agreed to pay a record $3.8 million fine to settle allegations it made illegal campaign contributions.

"The fine announced Tuesday is by far the biggest ever levied by the Federal Election Commission. Because the Federal Home Loan Mortgage Corporation, widely known as Freddie Mac, agreed to pay the fine and stop breaking the law, the FEC said it would not take further action against corporate officials."

Obama Campaign Is Modeled On Alinsky

"And I think Barack Obama and his community of organizers are ready to shake up the world!"

Obama’s Missouri Goon Squad plays the victim

"They thought they could get away with it."

Gov. Blunt Statement on Obama Campaign's Abusive Use of Missouri Law Enforcement

FOR IMMEDIATE RELEASE
Saturday, September 27, 2008
Contact: Jessica Robinson, 573-751-0290

Gov. Blunt Statement on Obama Campaign's Abusive Use of Missouri Law Enforcement

JEFFERSON CITY - Gov. Matt Blunt today issued the following statement on news reports that have exposed plans by U.S. Senator Barack Obama to use Missouri law enforcement to threaten and intimidate his critics.

"St. Louis County Circuit Attorney Bob McCulloch, St. Louis City Circuit Attorney Jennifer Joyce, Jefferson County Sheriff Glenn Boyer, and Obama and the leader of his Missouri campaign Senator Claire McCaskill have attached the stench of police state tactics to the Obama-Biden campaign.

"What Senator Obama and his helpers are doing is scandalous beyond words, the party that claims to be the party of Thomas Jefferson is abusing the justice system and offices of public trust to silence political criticism with threats of prosecution and criminal punishment.

"This abuse of the law for intimidation insults the most sacred principles and ideals of Jefferson. I can think of nothing more offensive to Jefferson's thinking than using the power of the state to deprive Americans of their civil rights. The only conceivable purpose of Messrs. McCulloch, Obama and the others is to frighten people away from expressing themselves, to chill free and open debate, to suppress support and donations to conservative organizations targeted by this anti-civil rights, to strangle criticism of Mr. Obama, to suppress ads about his support of higher taxes, and to choke out criticism on television, radio, the Internet, blogs, e-mail and daily conversation about the election.

"Barack Obama needs to grow up. Leftist blogs and others in the press constantly say false things about me and my family. Usually, we ignore false and scurrilous accusations because the purveyors have no credibility. When necessary, we refute them. Enlisting Missouri law enforcement to intimidate people and kill free debate is reminiscent of the Sedition Acts - not a free society."