Senator Levin hauled in executives from Goldman-Sachs this past week to “scold” them and to try to suggest that they were the cause of the financial melt-down in the housing market. This is a joke and just more political posturing trying to vilify the rich and to try and boost the sagging democratic congressional poll numbers in an election year.
The financial meltdown began with Fannie Mae and Freddie Mac under the “expert tutelage” of Franklin Raines as he and others smoked the books and siphoned off billions of tax payer dollars as bonuses.
Most of all the home mortgages in the U.S. were covered by these 2 democratic controlled lending institutions. You can thank Barney Frank and Chris Dodd for the mortgage meltdown. They both are the chairman of the banking mortgage committees in the house and the senate and both voted against regulating Fannie and Freddie in 2005. Under guidance and control of the federal government Fannie and Freddie were told to keep buying up troubled mortgages, all this while bad mortgages were still being issued.
Janet Reno and several other former employees of Bill Clinton worked and were in charge of Fannie and Freddie. Also, you can thank ex-president and elitist Jimmy Carter for enacting the “Fair Housing Act”. That act forced lending institutions to give mortgages to poor people who could not afford a house. This act was expanded under Clinton in authority by Housing Secretary Cisneros and later Andrew Cuomo; all while being monitored by Barney Frank and Christ Dodd.
All these people mentioned orchestrated this by forcing banks and lending institutions to lend money to poor people that could not afford houses.
Under Housing Secretary Cisneros the law was that every dollar that was lent out by any lending institution had to lend an additional $0.35 to poor people in impoverished areas. Under Housing Secretary Cuomo, that rate was increased to $0.50 for every dollar that was lent out.
When problems started showing up with the mortgage meltdown, Fannie and Freddie were told to start buying up the risky mortgages. To hide this they cooked the books to keep this problem under lock and key. Hence, the mortgage meltdown was created because the “haves” must give to the “have-nots”.
This is socialism at its best. Stop blaming bankers and Wall Street for our problems. Mr. Levin needs to start blaming his liberal socialist agenda that has kidnapped the Democratic Party that believes the money will never run out. When it does, their motto is to borrow more. And when they can’t borrow anymore and they have no answers to solve this collapse of our economy, so they blame the evil capitalist that are wealthy. They make them villains only because they have a lot of money. It must be the rich that caused this problem.
Well, I got news for you; it is the liberal socialist movement that encourages people to be lazy, to become dependent on the government for everything, to hate anyone that is successful, and to become dedicated democratic voters.
Hard working tax payers of America need to wake up. We may have different beliefs, but the one thing we have in common is that we pay far too much in taxes. Taxes that encourage people to be lazy and taxes that allow politicians to spend our money with no consequences. I am sick and tired of my hard earned tax dollars going to people that whine, complain, and people with low or no self-esteem, no dignity and I object to my tax dollars being wasted going to lazy people in this country.
And I am fed up with politicians raising taxes on everything they can think of in order to continue their out of control spending.
Common sense tells the average American families that during hard times to control spending, cut the waste, and work with a budget, the politicians answer to this crisis is to spend more and increase entitlement programs for the lazy. The people that truly need a hand up should get it, but the hand-outs have to stop.
Thursday, April 29, 2010
Wednesday, April 28, 2010
Fiscal Responsibility Summit?
Today Barack Obama’s summit on fiscal responsibility (National Commission on Fiscal Responsibility and Reform) will convene for the first time at the White House. The job at hand or should I say hand job is to make recommendations to Congress to balance the budget by 2015 and to improve our long-term fiscal outlook. This commission is meeting when just a little over a month after Congress approved a new $2.5 trillion health care entitlement that the Obama administration now confirms will increase our nation’s total health care spending.
This is a common pattern for the White House; first enact record breaking levels of deficit spending, then turn right around and make a promise of strict spending sometime in the future.
After signing the largest single-year increase in domestic federal spending since World War II , Obama held a “fiscal responsibility” summit designed to “send a signal that we are serious” about putting the nation on sounder financial footing. The Washington Post’s Dana Milbank penned at the time: “Holding a ‘fiscal responsibility summit’ at the White House in the middle of a government spending spree is a bit like having an Alcoholics Anonymous meeting at a frat house on homecoming weekend.”
Congress has now missed its April 15 deadline for enacting a budget resolution, which is one of the few pieces of legislation that Congress must pass annually. If Nancy Pelosi (D-CA) fails to pass a budget it will be the first time since the 1974 Congressional Budget Act that the House has failed to do so. Americans around the country, beaten down by this recession are looking at their budgets to see how they can get by and where they can cut back more to save a few dollars. Yet Congress—despite a $1.5 trillion deficit in 2010 and historic deficits as far as the eye can see—cannot manage to set any budget framework for the next few years.
Last week, Pew Research Center released a survey showing just 22% of respondents said they trust the federal government almost always or most of the time. Last March Pew found by 54% to 37%, people favored the government exerting more control over the economy. Now, by 51% to 40%, a majority of Americans say they want less government control. If President Obama’s fiscal responsibility commission is to have any credibility with the American people, the first item on its agenda must be the full repeal of the President’s $2.5 trillion health care entitlement.
Data collected from the Heritage Foundation.
This is a common pattern for the White House; first enact record breaking levels of deficit spending, then turn right around and make a promise of strict spending sometime in the future.
After signing the largest single-year increase in domestic federal spending since World War II , Obama held a “fiscal responsibility” summit designed to “send a signal that we are serious” about putting the nation on sounder financial footing. The Washington Post’s Dana Milbank penned at the time: “Holding a ‘fiscal responsibility summit’ at the White House in the middle of a government spending spree is a bit like having an Alcoholics Anonymous meeting at a frat house on homecoming weekend.”
Congress has now missed its April 15 deadline for enacting a budget resolution, which is one of the few pieces of legislation that Congress must pass annually. If Nancy Pelosi (D-CA) fails to pass a budget it will be the first time since the 1974 Congressional Budget Act that the House has failed to do so. Americans around the country, beaten down by this recession are looking at their budgets to see how they can get by and where they can cut back more to save a few dollars. Yet Congress—despite a $1.5 trillion deficit in 2010 and historic deficits as far as the eye can see—cannot manage to set any budget framework for the next few years.
Last week, Pew Research Center released a survey showing just 22% of respondents said they trust the federal government almost always or most of the time. Last March Pew found by 54% to 37%, people favored the government exerting more control over the economy. Now, by 51% to 40%, a majority of Americans say they want less government control. If President Obama’s fiscal responsibility commission is to have any credibility with the American people, the first item on its agenda must be the full repeal of the President’s $2.5 trillion health care entitlement.
Data collected from the Heritage Foundation.
Tuesday, April 27, 2010
California v/s McDonalds
As the California legislature is looking into forcing the McDonald’s fast-food chain to drop the toy in the Kid’s Meal package they sell if an effort to curb kids away from fatty foods, I for one would like to know; who are these kids driving themselves to McDonald’s and buying these meals?
McDonald’s has over 450 restaurants in California and each location employs around 60 workers, that’s 27,000 jobs for this state which is a drop in the bucket to the top 6 largest employers in Los Angeles County, all of which are government agencies.
This county alone employs over 95,000, no wonder the state is broke.
Now they are threatening private businesses with socialistic laws. The last thing this state needs or this country for that matter is more laws, specifically laws that will cut more jobs.
The toy may be made out of the country but there are still many jobs along the way that would be eliminated if this toy is removed and what if McDonald’s decided it was no longer in their best interest to do business in California – 27,000 employees’ plus at least that many more that support the restaurants such as food suppliers, cleaning companies and landscaping services.
If these kids are getting too much fat and calories in their diets, I wouldn’t point the finger at McDonald’s as the problem. Maybe we should also outlaw videos games and computers.
If the parents of these kids would grow some stones and set the record straight instead of catering to and coddling them they’d have a better diet outlook and most likely we’d have much more respectable group of children in this world.
Can California afford to lose another 50,000+ jobs?
McDonald’s has over 450 restaurants in California and each location employs around 60 workers, that’s 27,000 jobs for this state which is a drop in the bucket to the top 6 largest employers in Los Angeles County, all of which are government agencies.
This county alone employs over 95,000, no wonder the state is broke.
Now they are threatening private businesses with socialistic laws. The last thing this state needs or this country for that matter is more laws, specifically laws that will cut more jobs.
The toy may be made out of the country but there are still many jobs along the way that would be eliminated if this toy is removed and what if McDonald’s decided it was no longer in their best interest to do business in California – 27,000 employees’ plus at least that many more that support the restaurants such as food suppliers, cleaning companies and landscaping services.
If these kids are getting too much fat and calories in their diets, I wouldn’t point the finger at McDonald’s as the problem. Maybe we should also outlaw videos games and computers.
If the parents of these kids would grow some stones and set the record straight instead of catering to and coddling them they’d have a better diet outlook and most likely we’d have much more respectable group of children in this world.
Can California afford to lose another 50,000+ jobs?
Monday, April 26, 2010
Geoffrey Fieger
I listened to Paul W. Smith on WJR Radio Show this morning as he interviewed Geoffrey Fieger.
Mr. Fieger was on talking about the death of his brother, the singer for the band “The Knack” who had passed away recently after a 6 year battle with cancer, his recent movie about his life and times with Dr. Jack Kevorkian that just aired on HBO over the weekend.
Mr. Fieger then moved the topic to his election as the democratic candidate against then sitting Governor John Engler. Governor Engler won a third term by a landslide.
Mr. Fieger still believes that taxes must be raised in this state, even though we have lost nearly a million residents. Michigan’s annual budget bottom line they must have to stay in business is around $33 billion but for some reason, the legislators in Lansing are working with budget in $47 billion range. This is $14 billion above what is needed to cover operating expenses for the year.
We as citizens and residents of this state have had to take it on the chin and pear down on what we spend. Prices for everything have gone up; food, gas, electricity, insurance and our government still wants to raise taxes. Our salaries, dollar for dollar are what they were in 1998 yet the cost of living has more than doubled.
Mr. Fieger wants to know where the funds will come from if taxes are cut even more. Well, if we lost a million residents, wouldn’t one assume we have fewer expenses now? If was feeding 2 kids and they moved out to be on their own, my costs would certainly go down.
His thinking and his party are what is wrong in this state. The demise of Detroit and some surrounding suburbs comes from the destruction of family values by substituting a welfare check to replace the father in the family and embedding the idea that people are “owed” something.
Nothing is ever free and everybody needs to contribute their part.
Republicans are always accused of supporting the rich while the democrats are support the poor.
My take is that the rich provide jobs to those that want to work while the democrats supply welfare checks for those that don’t.
Liberals always want to give away money as long as it is not their own, that’s why they support Democrats; they take from the middle class to give to the poor while the rich hide behind tax shelters that the democrats create.
They make these rules and laws so complicated that only the rich can afford to hire the accountants and attorneys to navigate through them.
Mr. Fieger also believes that a republican will win the Governor’s race no matter who is running this November, I can only hope he is right on this note.
Mr. Fieger was on talking about the death of his brother, the singer for the band “The Knack” who had passed away recently after a 6 year battle with cancer, his recent movie about his life and times with Dr. Jack Kevorkian that just aired on HBO over the weekend.
Mr. Fieger then moved the topic to his election as the democratic candidate against then sitting Governor John Engler. Governor Engler won a third term by a landslide.
Mr. Fieger still believes that taxes must be raised in this state, even though we have lost nearly a million residents. Michigan’s annual budget bottom line they must have to stay in business is around $33 billion but for some reason, the legislators in Lansing are working with budget in $47 billion range. This is $14 billion above what is needed to cover operating expenses for the year.
We as citizens and residents of this state have had to take it on the chin and pear down on what we spend. Prices for everything have gone up; food, gas, electricity, insurance and our government still wants to raise taxes. Our salaries, dollar for dollar are what they were in 1998 yet the cost of living has more than doubled.
Mr. Fieger wants to know where the funds will come from if taxes are cut even more. Well, if we lost a million residents, wouldn’t one assume we have fewer expenses now? If was feeding 2 kids and they moved out to be on their own, my costs would certainly go down.
His thinking and his party are what is wrong in this state. The demise of Detroit and some surrounding suburbs comes from the destruction of family values by substituting a welfare check to replace the father in the family and embedding the idea that people are “owed” something.
Nothing is ever free and everybody needs to contribute their part.
Republicans are always accused of supporting the rich while the democrats are support the poor.
My take is that the rich provide jobs to those that want to work while the democrats supply welfare checks for those that don’t.
Liberals always want to give away money as long as it is not their own, that’s why they support Democrats; they take from the middle class to give to the poor while the rich hide behind tax shelters that the democrats create.
They make these rules and laws so complicated that only the rich can afford to hire the accountants and attorneys to navigate through them.
Mr. Fieger also believes that a republican will win the Governor’s race no matter who is running this November, I can only hope he is right on this note.
Barack Hussein Alinsky
Why is it that Barrack Obama taught from Saul Alinsky’s book “Rules for Radicals” gave it as a gift to foreign dictators like the Kim Jong IL of North Korea and yet half of the people in this country don’t believe he is a radical himself nor has Marxists tendencies?
What will it take for these people to wake up and see what this man is doing to our country? Don’t “listen” to what he says, watch what he does.
The number one step to dismantling a country like ours is to drive a wedge in between our intelligence agencies like the CIA and FBI. In doing so Obama has made our nation incapable of defending its interests or its allies around the world by requiring all prisoners “of war” to be Mirandized in the field as they are captured.
His attorney general Eric Holder went on the attack trying to criminally charge intelligence officers and others that followed out the Bush administrations directives to garner info from captured terrorists. The method that was seen as inhumane -- water-boarding was approved by all of the people that now said they were against, like Hillary Clinton and Nancy Pelosi.
Obama and the democrats knew this would go nowhere but by causing these people a great deal of financial loss and effectively destroying their careers would surely detour other agents from effectively carrying out their work on new suspects.
Al Sharpton commented on Obama and stated that he didn’t know why the people of this country were surprised at Obama’s socialist politics; after all “they voted for a socialist”
Obama and the democrats against the will of the people (nearly 80% by all polls) voted in a socialist health care plan that will raise taxes on all Americans contrary to Obama’s promise not to. He also is not renewing the Bush tax cuts which raise taxes even further.
Obama thinks we should be on the same line as Western Europe and how is that working for them?
It’s not. Crime is rampant, unemployment has sky-rocketed and spending is out of control. They are looking to bring capitalism and free markets back because socialism does not work.
So what is your definition of a radical?
What will it take for these people to wake up and see what this man is doing to our country? Don’t “listen” to what he says, watch what he does.
The number one step to dismantling a country like ours is to drive a wedge in between our intelligence agencies like the CIA and FBI. In doing so Obama has made our nation incapable of defending its interests or its allies around the world by requiring all prisoners “of war” to be Mirandized in the field as they are captured.
His attorney general Eric Holder went on the attack trying to criminally charge intelligence officers and others that followed out the Bush administrations directives to garner info from captured terrorists. The method that was seen as inhumane -- water-boarding was approved by all of the people that now said they were against, like Hillary Clinton and Nancy Pelosi.
Obama and the democrats knew this would go nowhere but by causing these people a great deal of financial loss and effectively destroying their careers would surely detour other agents from effectively carrying out their work on new suspects.
Al Sharpton commented on Obama and stated that he didn’t know why the people of this country were surprised at Obama’s socialist politics; after all “they voted for a socialist”
Obama and the democrats against the will of the people (nearly 80% by all polls) voted in a socialist health care plan that will raise taxes on all Americans contrary to Obama’s promise not to. He also is not renewing the Bush tax cuts which raise taxes even further.
Obama thinks we should be on the same line as Western Europe and how is that working for them?
It’s not. Crime is rampant, unemployment has sky-rocketed and spending is out of control. They are looking to bring capitalism and free markets back because socialism does not work.
So what is your definition of a radical?
Friday, April 23, 2010
Governor Granholm
Michigan governor; Jenny “No Jobs” Granholm is one of Obama’s list of ten possibilities for the open Supreme Court seat.
Just a few weeks ago, Ms. Granholm was red faced when it was discovered that she had been on-stage in a photo-op congratulating a businessman for securing a state tax credit of $9.1 billion dollars to create 765 jobs in Flint by converting an old chassis plant into renewable energy plant.
Flint resident Richard Short the recipient of the tax credit did 6 years in prison for embezzling from a Muskegon battery maker and was convicted of bank fraud.
Greg Main head of the Michigan Economic Development Corporation should have been fired over this boondoggle. He was the one that approved the tax credit and worked with Mr. Shot for months setting up the plan. A five minute check on Google would have alerted the agency of this man’s background.
In November of 2006, Michigan residents approved a proposal to prohibit discrimination or preferential treatment based on race or gender in the operation of public employment, public education or public contracting in the State. Ms. Granholm, against the will of the people is still fighting to over-turn this amendment going all the way to the Supreme Court if necessary, yet another waste of tax payer dollars.
Ms. Granholm has raised or tried to raise taxes in 2006, 2007, 2008, 2009, 2010 included in the 2007 increase was the largest tax increase in Michigan’s history.
New York should take a look at Michigan, because this is what they are going to look like after Governor David Paterson gets through with them.
I think Ms. Granholm would fit right in with the Obama regimes plan to do to this country what she has done to Michigan, tax us out of prosperity and destroy our jobs.
We definitely should not reward her with a life-time job after the destruction she has caused here.
Just a few weeks ago, Ms. Granholm was red faced when it was discovered that she had been on-stage in a photo-op congratulating a businessman for securing a state tax credit of $9.1 billion dollars to create 765 jobs in Flint by converting an old chassis plant into renewable energy plant.
Flint resident Richard Short the recipient of the tax credit did 6 years in prison for embezzling from a Muskegon battery maker and was convicted of bank fraud.
Greg Main head of the Michigan Economic Development Corporation should have been fired over this boondoggle. He was the one that approved the tax credit and worked with Mr. Shot for months setting up the plan. A five minute check on Google would have alerted the agency of this man’s background.
In November of 2006, Michigan residents approved a proposal to prohibit discrimination or preferential treatment based on race or gender in the operation of public employment, public education or public contracting in the State. Ms. Granholm, against the will of the people is still fighting to over-turn this amendment going all the way to the Supreme Court if necessary, yet another waste of tax payer dollars.
Ms. Granholm has raised or tried to raise taxes in 2006, 2007, 2008, 2009, 2010 included in the 2007 increase was the largest tax increase in Michigan’s history.
New York should take a look at Michigan, because this is what they are going to look like after Governor David Paterson gets through with them.
I think Ms. Granholm would fit right in with the Obama regimes plan to do to this country what she has done to Michigan, tax us out of prosperity and destroy our jobs.
We definitely should not reward her with a life-time job after the destruction she has caused here.
Thursday, April 22, 2010
28th Amendment
Here are a few points as to why 76% of the American people do not trust their government
* They voted to NOT give you a Social Security Cost of living raise in 2010 and 2011.
* You will not get the 3% COLA: $660/year.
* Your Medicare premiums will go up $285.60 for the 2-years.
* Your total 2-yr loss and cost is -$1,600 or -$3,200 for husband and wife.
* U.S. House & Senate have accepted a salary increase of $4,700 and $5,300 respectively.
* Over these same 2-years each Congress person will get $10,000.
* Congress passed health care while more than 60% of the people were against it.
* Congress exempted themselves from this plan.
This past year has shown us that there are no “moderate democrats” in DC. They all voted to increase spending at every opportunity.
This year, you will have a chance to get rid of these pork patrons; that’s one-third of the Senate and 100% of the House.
Make sure you stay engaged and in November we will replace them and this will also remind the replacements of what can happen to them.
Additionally, we need to ensure that any law written spells out the language in the constitution that gives specific power for government to pass that law, if it does not -- it goes down in flames.
I think it’s time we added a 28th amendment to our Constitution. "Congress shall make no law that applies to the citizens of the United States that does not apply equally to the Senators or Representatives, and Congress shall make no law that applies to the Senators or Representatives that does not apply equally to the citizens of the United States"
* They voted to NOT give you a Social Security Cost of living raise in 2010 and 2011.
* You will not get the 3% COLA: $660/year.
* Your Medicare premiums will go up $285.60 for the 2-years.
* Your total 2-yr loss and cost is -$1,600 or -$3,200 for husband and wife.
* U.S. House & Senate have accepted a salary increase of $4,700 and $5,300 respectively.
* Over these same 2-years each Congress person will get $10,000.
* Congress passed health care while more than 60% of the people were against it.
* Congress exempted themselves from this plan.
This past year has shown us that there are no “moderate democrats” in DC. They all voted to increase spending at every opportunity.
This year, you will have a chance to get rid of these pork patrons; that’s one-third of the Senate and 100% of the House.
Make sure you stay engaged and in November we will replace them and this will also remind the replacements of what can happen to them.
Additionally, we need to ensure that any law written spells out the language in the constitution that gives specific power for government to pass that law, if it does not -- it goes down in flames.
I think it’s time we added a 28th amendment to our Constitution. "Congress shall make no law that applies to the citizens of the United States that does not apply equally to the Senators or Representatives, and Congress shall make no law that applies to the Senators or Representatives that does not apply equally to the citizens of the United States"
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