Tuesday, October 7, 2008

Lawmaker's son indicted in Palin e-mail hacking

"A federal grand jury has indicted the son of a Democratic Tennessee state lawmaker in connection with the hacking of the e-mail account of Republican vice presidential candidate Sarah Palin."

GOOD

Obama commandos' teacher disciplined

"A middle school teacher has been suspended for posting a video of his Barack Obama-slogan chanting, arm-waving drill team on YouTube."

The manufactured crisis

"The reason lenders stopped requiring down payments in the last part of the 20th century was a series of Democrat-supported enactments, including the Community Reinvestment Act (under Carter), which was strengthened under Clinton and Bush, whose HUDs required Fanny Mae to drop or weaken all the safeguards enumerated above (down payment requirements, documentation of employment, etc). To pass this dangerous legislation, the Democrats claimed that minorities were being denied mortgages on the basis of race, when in fact, the minority communities statistically simply did not have enough people with good credit, good jobs and jobs to justify as many mortgages as the Democrats called for. It was — and is — politically incorrect to mention these inconvenient truths. People who now demand fairness in lending are called racists. Community organizers like ACORN, a group that worked hand-in-hand with Barack Obama, used strong-arm tactics to shake down banks and force them to give mortgages to people who could not afford them and then when the loans were, inevitably, foreclosed, the same people who caused the crisis blamed the banks. That way, they could blame the free market and make gullible people believe that America needs socialism, when in fact what we desperately need is less socialism."

The Obama Youth

"As for me, I don't have to wonder. I know that leftists don't even believe in Truth, let alone think that what they disgorge happens to be it. This is one of the reasons they have authored hate-speech laws all over the western world and speech codes in colleges and workplaces. Oh, they may say their goal is to protect others from offensive and hurtful speech, and, admittedly, man's nature is complex and people often have multiple motivations. Yet there is another reason. It's not so much that they find politically-incorrect dissent offensive; it's just that they don't happen to like it. It makes them angry and uncomfortable, and for good reason."

Obama: wolf in sheep's clothing

"The reason Barack Obama is able to make such remarks in Germany is because voters are largely ignorant to what changes may occur if Obama were to be voted in as president of the United States."

Democrats destroy economy--blame Republicans

"But, until then, let's take another realistic look at why we are in the current financial mess. Beginning with the Democrats and President Clinton's push to force banks and mortgage companies to lend to low-income home buyers — coupled with the Democrats running Fannie Mae and Freddie Mac — the process that has placed us in the position of heading toward the current financial debacle was put into place. Then, with Clinton's signing of the American Home Ownership and Economic Opportunity Act of 2000, the dye was cast. Institutions that did not want to lend monies to those who could not afford to buy homes were advised that they would be investigated by the government. Thus, the ARM (adjustable rate mortgage) came into being in full force. Huge balloon payments were the norm for the ARM and when they came due — equally huge foreclosure numbers for those who couldn't pay them were the result.

"As foreclosures increased, a domino effect began that took down mortgage companies and publicly exposed the corruptions inherent within the Democrats' personal slush funds — Fannie Mae and Freddie Mac. Then, the commercial banks — the ones who had initially been forced to carry the bad-paper mortgages "or else" began to fail. After that, other banks and lending institutions started to experience problems and then — as the world's banks are now connected — European and Asian financial institutions have begun to crash. What was put in place by US Democrats as at its best 'good intentions' for poor folk and at its worst another way to scam the system has now caused world-wide panic in financial institutions. Note: Elected Congressional Republicans — including Sen. John McCain — have tried for years to pass legislation that would provide oversight on both Fannie and Freddie. Democrats blocked each and every attempt."