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Friday, November 21st 2008

4:57 PM

Gettin after Lefty Show Nov 21st Should we just go ahead and CASH IN?



Doomsday is it coming?

The Markets react to the Silver Tongue Devil and his accession to the White House

 Analyst all agree we are in for some very if not world ending Times

 Christian leader comments on the end of the world as we now know it

 Where are we all headed

 Store up on canned goods have a good weapon and make sure you buy lots of seeds to grow-this could be the only answer

Good BYE America

The new World powers China and India And we send billions their way

The United States can't produce anything our era of producing large goods has came and went compliments of our Socialist Government

 OBAMA will speak the countries way out of depression/recession

Obama will use his powers of speech and oratory to convince the world we are the greatest

 Obama and his ability to speak will cure all our domestic problems--JUST ASK ALL THOSE SHEEPLE that voted for him they will tell you GOOD (FREE) TIMES ARE A COMIN all because of OBAMA OBAMA OBAMA

 The Gettin after Lefty Show
TOP SECRET Broadcasting from a clandestine location
Gettin after Lefty Show Nov 21st Time cash it ALL in ?
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Tuesday, November 4th 2008

9:56 PM

Under Obama the Internet as we know it will disappear

AT&T to try limits on monthly Internet traffic
 
Nov 4, 11:39 AM (ET)

By PETER SVENSSON

NEW YORK (AP) - AT&T Inc. (ATT), the country's largest Internet service provider, is testing the idea of limiting the amount of data that subscribers can use each month.

AT&T will initially apply the limits in Reno, Nev., and see about extending the practice elsewhere.

Increasingly, Internet providers across the country are placing such limits on the amount of data users can upload and download each month, as a way to curb a small number of "bandwidth hogs" who use a lot of the network capacity. For instance, 5 percent of AT&T's subscribers take up 50 percent of the capacity, spokesman Michael Coe said Tuesday.

But the restrictions that Internet providers are setting are tentative. And the companies differ on what limits to set and whether to charge users for going beyond the caps.

Starting in November, AT&T will limit downloads to 20 gigabytes per month for users of their slowest DSL service, at 768 kilobits per second. The limit increases with the speed of the plan, up to 150 gigabytes per month at the 10 megabits-per-second level.

To exceed the limits, subscribers would need to download constantly at maximum speeds for more than 42 hours, depending on the tier. In practice, use of e-mail and the Web wouldn't take a subscriber anywhere near the limit, but streaming video services like the one Netflix Inc. (NFLX) offers could. For example, subscribers who get downloads of 3 megabits per second have a monthly cap of 60 gigabytes, which allows for the download of about 30 DVD-quality movies.

The limits will initially apply to new customers in the Reno area, AT&T said. Current users will be enrolled if they exceed 150 gigabytes in a month, regardless of their connection speed.

"This is a preliminary step to find the right model to address this trend," Coe said. The company may add another market to the test before the end of the year, he said.

Customers will be able to track their usage on an AT&T Web site. The company will also contact people who reach 80 percent of their limit. After a grace period to get subscribers acquainted with the system, those who exceed their allotment will pay $1 per gigabyte, Coe said.

Comcast Corp. (CMCSA) (CMCSA), the nation's second-largest Internet service provider and AT&T's competitor in Reno, last month officially began a nationwide traffic limit of 250 gigabytes per subscriber. Comcast doesn't charge people extra for going over the limit, but will cancel service after repeated warnings. Previously, it had a secret limit.

Two other ISPs, Time Warner Cable Inc. (TWC) (TWC) and FairPoint Communications Inc. (FRP) (FRP), are planning or testing traffic limits as low as 5 gigabytes per month, which is easily exceeded by watchers of DVD-quality online video.

Among the largest ISPs, Verizon Communications Inc. (VZ) is a holdout, and has said it does not plan to limit downloads.


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Tuesday, September 23rd 2008

7:08 AM

Democrats have raped the American taxpayer

Freddy Mac-Fanny Mae Bracka Hussein Obama Jr Barney Frank Chris Dodd and the Democrat Party have played the American people for fools and the media supports this.

Bracka Hussein Obama Jr says the Private Sector has failed,free market is a no go--let us (Socialist) run it all we can take care of you..

Bush administration attempted over 20 pieces of legislation to overhaul Freddy Mac and Fanny Mae but the Socialist (Democrats) stopped it all.

Big pay outs to Bracka Hussein Obama Jr and other Democrats came from Freddy Mac and Fanny Mae

Go to work America is you work harder send your money to D.C. so the socialist can spend it as they see fit--but they will take care of you from cradle to grave--whittle us all down to the same level of misery---to 3rd world status.

All those that vote for Bracka Hussein Obama Jr the silver tongue devil from the south side of Chicago --hope you tell your children and grand children they will no longer have any input on what they do-how they do it and when they do it-under a Socialist regime--you see those folks will do all that for you..


The Gettin after Lefty Show
Shinning the light of TRUTH on the Liberal/Socialist left



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Saturday, September 20th 2008

1:10 PM

What Democrats are Spending your MONEY

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OBAMA A TOP RECIPIENT IN CONTRIBUTIONS FROM FANNIE MAE, FREDDIE MAC AND LEHMAN BROTHERS

Obama Ranks Second Among Donations From Fannie Mae And Freddie Mac Among All Members Of Congress Since 1989:

In Just Four Years, Obama Has Received More Money From Fannie Mae And Freddie Mac Than Any Other Member Of Congress In The Past Two Decades (Since 1989) Except Senate Banking Committee Chairman Sen. Chris Dodd. (Lindsay Renick Mayer, "Fannie Mae And Freddie Mac Invest In Lawmakers," Center For Responsive Politics' "Capital Eye" Blog, www.opensecrets.org, 9/11/0

Dodd Has Served In Federal Office Since 1975. (The Washington Post Website, www.washingtonpost.com, Accessed 9/15/0

    * Obama Has Served In Federal Office Since 2005. (The Washington Post Website, www.washingtonpost.com, Accessed 9/15/0

Obama Ranks Second Among Donations From Lehman Brothers Among All Members Of Congress Since 1989:

In Just Four Years, Obama Has Received More Money From Lehman Brothers Than Any Other Member Of Congress In The Past Two Decades (Since 1989) Except Sen. Hillary Clinton. (Lindsay Renick Mayer, "Brothers Grim: Is Lehman Next?" Center For Responsive Politics' "Capital Eye" Blog, www.opensecrets.org, 9/12/0

Top Executives At Lehman Brothers Are Obama Bundlers:

Ted Janulis, Head Of Mortgage Capital At Lehman Brothers Until His Retirement In September 2008, Is A Bundler For Obama's Presidential Campaign Committed To Raising $50,000 To $100,000. (Obama For America Website, www.barackobama.com, Accessed 5/19/0

John Rhea, A Managing Director And Co-Head Of Global Consumer And Retail Investment Banking For Lehman Brothers, Is A Bundler For Obama's Presidential Campaign Committed To Raising $50,000 To $100,000. (Obama For America Website, www.barackobama.com, Accessed 5/15/0

" adja Fidelia, Who Is Also A Managing Director At Lehman Brothers, Has Raised At Least $50,000 For Mr. Obama..." (Timothy Williams, "Obama Takes His Campaign to Harlem," New York Times, 11/30/07)

OBAMA ADVISOR JIM JOHNSON FORMER FANNIE MAE AND LEHMAN BROTHERS EXECUTIVES EXPANDED LOBBYING ACTIVITIES AND RECEIVED MILLIONS IN COMPENSATION

Former CEO Of Fannie Mae And Former Obama Advisor Jim Johnson Resigned Under Criticism:

Jim Johnson Is The Former CEO Of Fannie Mae. (David A. Vise, "Fannie Mae Lobbies Hard To Protect Its Tax Break," The Washington Post, 1/16/95)

"Jim Johnson, The Former Chairman Of Fannie Mae Who Was One Of Three Advisors Tapped By Democrat Barack Obama To Vet Vice Presidential Candidates, Resigned Today After Questions Were Raised About Favoritism He May Have Received From Countrywide Financial Corp." (Johanna Neuman, "Barack Obama Advisor Jim Johnson Quits Under Fire," Los Angeles Times, 6/12/0

Johnson Remains A Bundler For Obama's Presidential Campaign And Has Committed To Raising $100,000 To $200,000. (Obama For America Website, www.barackobama.com, Accessed 5/19/0

Johnson Earned Large Bonuses At Fannie Mae Due To An Accounting Manipulation:

In 1998, Fannie Mae's Earnings Were Manipulated, Which Resulted In "Maximum Payouts" To Executives Including CEO Jim Johnson. "As CEO of Fannie Mae, Johnson, a former chief of staff to Vice President Walter F. Mondale and chairman of the board of the Kennedy Center, was the beneficiary of accounting in which Fannie Mae's earnings were manipulated so that executives could earn larger bonuses. The accounting manipulation for 1998 resulted in the maximum payouts to Fannie Mae's senior executives -- $1.9 million in Johnson's case -- when the company's performance that year would have otherwise resulted in no bonuses at all, according to reports in 2004 and 2006 by the Office of Federal Housing Enterprise Oversight." (Jonathan Weisman and David S. Hilzenrath, "Obama 's Choice Of Insider Draws Fire," The Washington Post, 6/11/0

    * The Manipulation Resulted In Johnson Receiving A Bonus Of Over $1.9 Million When He Otherwise Would Not Have Earned A Bonus. "An Office of Federal Housing Enterprise Oversight report in September accused the company of improperly deferring $200 million of estimated expenses in 1998, which allowed management to receive full annual bonuses. Had the expenses been recorded that year, no bonuses would have been paid, the report said. Fannie Mae reported paying bonuses in 1998 to Johnson, who received $1.932 million; Raines, who then was chairman-designate, $1.11 million; Chief Operating Officer Lawrence M. Small, $1.108 million; Vice Chairman Jamie S. Gorelick, a former deputy attorney general, $779,625; Chief Financial Officer J. Timothy Howard, $493,750; and Robert J. Levin, who was executive vice president for housing and community development, $493,750." (Albert B. Crenshaw, "High Pay At Fannie Mae For The Well-Connected," The Washington Post, 12/23/04)   

Johnson Also Received Fees And Compensation From Fannie Mae Worth $3.3 Million Between 2001 And 2006.  "Johnson left the company before it was swept up in an accounting scandal that tarred its reputation, but even during the years of scandal, Johnson was reaping hundreds of thousands of dollars in consulting fees and other compensation, $3.3 million in all between 2001 and 2006." (Jonathan Weisman and David S. Hilzenrath, "Obama's Choice Of Insider Draws Fire," The Washington Post, 6/11/0

Fannie Mae Incorrectly Reported Losses That Allowed Johnson To Receive A Large Bonus For The Year:

In 1998, Fannie Mae Improperly Deferred $200 Million Dollars In Expenses, Which Allowed Johnson To Receive Nearly $2 Million In Bonuses; Johnson Would Not Have Received A Bonus If The Money Had Been Properly Expensed. "An Office of Federal Housing Enterprise Oversight report in September accused the company of improperly deferring $200 million of estimated expenses in 1998, which allowed management to receive full annual bonuses. Had the expenses been recorded that year, no bonuses would have been paid, the report said. Fannie Mae reported paying bonuses in 1998 to Johnson, who received $1.932 million; Raines, who then was chairman-designate, $1.11 million; Chief Operating Officer Lawrence M. Small, $1.108 million; Vice Chairman Jamie S. Gorelick, a former deputy attorney general, $779,625; Chief Financial Officer J. Timothy Howard, $493,750; and Robert J. Levin, who was executive vice president for housing an d community development, $493,750." (Albert B. Crenshaw, "High Pay At Fannie Mae For The Well-Connected," The Washington Post, 12/23/04)

Johnson Engineered An Effort To Lobby Politicians So That Fannie Mae Would Not Have To Pay Local Taxes To Washington, D.C.:

While Johnson Was CEO, Fannie Mae Did Not Have To Pay Washington D.C. Taxes Which Cost The City Hundreds Of Millions Per Year. "While Wall Street benefits from Fannie Mae's prosperity, the District government does not. Fannie Mae, the biggest, most profitable company in Washington, is exempt from local income taxes. That exemption costs the cash-strapped D.C. government hundreds of millions of dollars a year." (David A. Vise, "The Financial Giant That's In Our Midst," The Washington Post, 1/15/95)

    * "If Fannie Mae Were Required To Pay Taxes, It Would Wipe Out The District's Budget Deficit." (David A. Vise, "The Financial Giant That's In Our Midst," The Washington Post, 1/15/95)
    * Johnson Said That Fannie Mae Was "The Most Powerful Financial Firm In America" And He Urged Employees To Oppose Any New Taxes On The Company. "There is no reason they shouldn't be subject to the tax," said former House District Committee chairman Pete Stark. "It is not fair. They make huge profits," the California Democrat said. The tax break is one of numerous congressionally conferred advantages that Fannie Mae officials preserve through a polished political operation directed by Jim Johnson, the company's chairman and chief executive. In a talk with employees, Johnson described Fannie Mae as 'the most powerful financial firm in America.' He wants Fannie Mae employees to oppose forcefully any ne w effort to tax the company." (David A. Vise, "The Financial Giant That's In Our Midst," The Washington Post, 1/15/95)

Johnson Devised A Strategy To Lobby D.C. Politicians So That Fannie Mae Would Not Have To Pay Local Taxes. "Last summer, D.C. Councilman Bill Lightfoot discovered a simple solution to the District's financial crisis: eliminate a $ 300-million-a-year tax break for the city's most profitable company, Fannie Mae. 'I believe Fannie Mae ought to pay local taxes,' Lightfoot said. 'It practically solves the city's financial crisis in one year. There is no public policy reason to exempt them. It is not fair.' Inside Fannie Mae's sprawling Wisconsin Avenue headquarters, Lightfoot's proposal set off alarms. A team of executives led by chief executive Jim Johnson and Vice Chairman Frank Raines gathered around the firm's 34-foot-long boardroom table to dec ide how to respond. They devised a bold strategy: Use the company's considerable resources and political clout to prevent Lightfoot's proposal from being voted on or publicly debated by council members, whom they feared would support the tax if it got on the agenda. 'The task was to keep it from ever seeing the light of day,' said Frederick D. Cooke Jr., one of the highly regarded lobbyists Fannie Mae hired to quash the proposal. 'What we didn't want to do was have a big public debate about this.'" (David A. Vise, "Fannie Mae Lobbies Hard To Protect Its Tax Break," The Washington Post, 1/16/95)

    * "In Addition To Enlisting The Lobbying Help Of The Local Charitable Groups It Supported, Fannie Mae Hired A Team Of Top Lobbyists To Persuade D.C. Politicians To Drop The Tax Proposal Without A Vote." (David A. Vise, "Fannie Mae Lobbies Hard To Protect Its Tax Break," The Washington Post, 1/16/95)

In 1998, Johnson Opened A Lobbying Office For Fannie Mae In Oklahoma:

In 1998, Johnson, Then-CEO Of Fannie Mae, Hosted The Opening Ceremony Of A Lobbying Office In Oklahoma. "The concern is whether such efforts were made to bolster Fannie's business more than to advance philanthropic goals. Critics say the foundation helped to reinforce ties with various congressional groups forged by Fannie's in-house lobbyists. At times the two seemed indistinguishable: They often sponsored events in tandem. Both were big donors to the CBCF's annual awards gala in 2003 and a similar black-tie event for the Congressional Hispanic Caucus Institute in 2002. In 1998, then-CEO Jim Johnson hosted the opening ceremony of a lobbying and public relations office in Oklahoma, an event attended by former Oklahoma Governor Frank Keating and then-Senator Don Nickles (R-Okla.). But wearing his other hat as the foundation's chairman, Johnson al so took the opportunity to announce $125,000 worth of grants to local charities." (Dawn Kopecki, "Philanthropy, Fannie Mae Style," Business Week, 4/2/07)

Johnson Recruited Current Obama Economic Policy Advisor Former Commerce Secretary William Daley As A Lobbyist For Fannie Mae:

Former Commerce Secretary William Daley Serves As An Obama Advisor For Economic Policy. "At his stop in New Mexico, Obama sought to keep the focus almost exclusively on the economy, appearing with a panel of experts that included William Daley, brother of Chicago Mayor Richard Daley and a former U.S. commerce secretary." (John McCormick and Jill Zuckman, "Rivals Spend Day As Frequent Fliers," Chicago Tribune, 2/2/0

Former Fannie Mae CEO Jim Johnson Recruited Former Sec. Daley As A Lobbyist For Fannie Mae. "Fannie's government relations operations dramatically expanded in the mid-1990s, when then-CEO Johnson recruited Washington A-listers Robert Zoellick, who served in the Reagan and Bush administrations; Lawrence M. Small, former secretary of the Smithsonian Institution; and William M. Daley, commerce secretary in the Clinton administration." (Lisa Lerer, "Fannie, Freddie Spent $200M To Buy Influence," The Politico, 7/16/0

From 2002 Through 2005, Daley Was A Registered Lobbyist For Fannie Mae. (U.S. Senate Office Of Public Records Website, soprweb.senate.gov, Accessed 7/27/0

Before Heading Fannie Mae, Johnson Was A Registered Foreign Agent For Lehman Brothers:

In The 1980s, Johnson Worked For Shearson Lehman Brothers. "In the early 1980s Johnson had already started his own Washington consulting company, Public Strategies, with his Carter administration colleague Richard Holbrooke. And now he followed Holbrooke to Wall Street as an investment banker at Shearson Lehman Brothers." (Lloyd Grove, "The Big Chair," The Washington Post, 3/27/9

 

OBAMA ADVISOR FRANK RAINES: FORMER FANNIE MAE CEO INVOLVED IN ACCOUNTING SCANDAL

Obama Has Solicited Advice From Former Fannie Mae CEO Franklin Raines Who Was "Under The Shadow Of A $6.3 Billion Accounting Scandal":

The Obama Campaign Has Solicited Franklin Raines, Who "Stepped Down As Fannie Mae's Chief Executive Under The Shadow Of A $6.3 Billion Accounting Scandal," For Advice On Mortgage And Housing Policy. "In the four years since he stepped down as Fannie Mae's chief executive under the shadow of a $6.3 billion accounting scandal, Franklin D. Raines has been quietly constructing a new life for himself. He has shaved eight points off his golf handicap, taken a corner office in Steve Case's D.C. conglomeration of finance, entertainment and health-care companies and more recently, taken calls from Barack Obama's presidential campaign seeking his advice on mortgage and housing policy matters." (Anita Huslin, "On The Outside Now, Watching Fannie Falter," The Washington Post, 7/16/0

Like Jim Johnson, Raines Received Low-Rate Home Loans From Countrywide, A Major Seller To Fannie Mae. "Fannie Mae's former CEO, Jim Johnson, resigned Wednesday as the leader of likely Democratic presidential nominee Barack Obama's search for a running mate after The Wall Street Journal reported that he and another former CEO, Franklin Raines, received low-rate home loans from troubled mortgage lender Countrywide Financial Corp. a major seller of home loans to Fannie Mae." (Alan Zibel, "Fannie Mae CEO Says Ethics Policy Bans Discounts," The Associated Press, 6/12/0

Former Fannie Mae Chairman Frank Raines Was Accused Of Manipulating The Company's Earnings. "Former Fannie Mae chairman and chief executive Franklin D. Raines, accused of manipulating the housing finance company's earnings, is challenging regulators to make their case against him beginning Feb. 16 instead of waiting until the end of the year." (David S. Hilzenrath, "Fannie Mae's Former Chief Wants Earlier Hearing Date," The Washington Post, 2/6/07)

Raines Was Forced Out As Fannie Mae's CEO In December 2004. "Former chief executive Franklin D. Raines and chief financial officer J. Timothy Howard were forced out Tuesday night after accounting mistakes that could cost Fannie $9 billion in reported profit." (David S. Hilzenrath, "Fannie Mae Exit Packages Face Review," The Washington Post, 12/23/04)

Under Raines' Leadership, Fannie Mae Committed "Extensive Financial Fraud" And Was Forced To Pay A $400 Million Civil Penalty. "In a May report, the Securities and Exchange Commission and the Office of Federal Housing Enterprise Oversight found that Fannie Mae under Raines perpetrated 'extensive financial fraud' so that executives could collect big bonuses. There have been no criminal charges, but the conduct of Raines and other senior Fannie executives 'was inconsistent with the values of responsibility, accountability, and integrity,' the agencies said. Fannie paid a $400 million civil penalty this year to the SEC and OFHEO." (Jay Hancock, Op-Ed, "Raines Claiming Accountability Isn't Enough," The [Baltimore] Sun, 12/10/06)

OBAMA DEMOCRATS BLOCKED REFORM OF FANNIE MAE AND FREDDIE MAC

 Sen. John McCain Urged Action Years Ago To Reform Fannie Mae And Freddie Mac:

 John McCain Urged Action More Than 2 Years Ago, Co-Sponsoring Legislation To Reform Fannie Mae And Freddie Mac Warning: "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." McCain: "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." (Office Of U.S. Senator John McCain, "McCain Statement On Co-Sponsorship Of The Federal Housing Enterprise Regulatory Reform Act Of 2005," Press Release, 5/26/06)

For Years, Obama Supporters In Congressional Oversight Committees Rep. Barney Frank (D-MA) And Sens. Chris Dodd (D-CT) And Chuck Schumer (D-NY) Blocked Efforts To Reform Fannie Mae And Freddie Mac:

"The Powerhouse Democratic Overseers Of The Banking Committees -- Rep. Barney Frank, Sen. Christopher Dodd And Sen. Chuck Schumer -- Protected Fannie And Freddie." (Robert Novak, Op-Ed, "Crony Image Dogs Paulson's Rescue Effort," Chicago Sun-Times, 7/17/0

Frank Blocked Multiple Attempts At Reform Spanning Back To 1992:

"[Frank's] Record Is Close To Perfect As A Stalwart Opponent Of Reforming The Two Companies, Going Back More Than A Decade. The First Concerted Push To Rein In Fan And Fred In Congress Came As Far Back As 1992, And Mr. Frank Was Right There, Standing Athwart. But Things Really Picked Up This Decade, And Barney Was There At Every Turn." (Editorial, "Fannie Mae's Patron Saint," The Wall Street Journal, 9/10/0

"In 2000, Then-Rep. Richard Baker Proposed A Bill To Reform Fannie And Freddie's Oversight. Mr. Frank Dismissed The Idea, Saying Concerns About The Two Were 'Overblown' And That There Was 'No Federal Liability There Whatsoever.'" (Editorial, "Fannie Mae's Patron Saint," The Wall Street Journal, 9/10/0

"Two Years Later, Mr. Frank Was At It Again. 'I Do Not Regard Fannie Mae And Freddie Mac As Problems,' He Said In Response To Another Reform Push. And Then: 'I Regard Them As Great Assets.'" (Editorial, "Fannie Mae's Patron Saint," The Wall Street Journal, 9/10/0

"Again In June 2003, The Favorite Of The Beltway Press Corps Assured The Public That 'There Is No Federal Guarantee' Of Fan And Fred Obligations." (Editorial, "Fannie Mae's Patron Saint," The Wall Street Journal, 9/10/0

"A Month Later, Freddie Mac's Multibillion-Dollar Accounting Scandal Broke Into The Open. But Mr. Frank Was Sanguine. 'I Do Not Think We Are Facing Any Kind Of A Crisis,' He Said At The Time." (Editorial, "Fannie Mae's Patron Saint," The Wall Street Journal, 9/10/0

"Three Months Later He Repeated The Claim That Fannie And Freddie Posed No 'Threat To The Treasury.' Even Suggesting That Heresy, He Added, Could Become 'A Self-Fulfilling Prophecy.'" (Editorial, "Fannie Mae's Patron Saint," The Wall Street Journal, 9/10/0

"In April 2004, Fannie Announced A Multibillion-Dollar Financial 'Misstatement' Of Its Own. Mr. Frank Was Back For The Defense. Fannie And Freddie Posed No Risk To Taxpayers, He Said, Adding That 'I Think Wall Street Will Get Over It' If The Two Collapsed." (Editorial, "Fannie Mae's Patron Saint," The Wall Street Journal, 9/10/0

Dodd Led Efforts To Block Reform Of Fannie Mae And Freddie Mac:

Obama Joined Sen. Dodd, Sen. Kerry, And Sen. Clinton - All Top Recipients Of Fannie And Freddie Contributions In Actively Opposing Reform Measures And Weakening Existing Regulations. "During this period, Sen. Richard Shelby led a small group of legislators favoring reform, including fellow Republican Sens. John Sununu, Chuck Hagel and Elizabeth Dole. Meanwhile, Dodd -- who along with Democratic Sens. John Kerry, Barack Obama and Hillary Clinton were the top four recipients of Fannie and Freddie campaign contributions from 1988 to 2008 -- actively opposed such measures and further weakened existing regulation." (Al Hubbard and Noam Neusner, Op-Ed, "Where Was Sen. Dodd?" The Washington Post, 9/12/0

Sen. Dodd Called The President's  Suggestions For Regulations "Inane" And Recommended The President "Immediately Reconsider His Ill-Advised" Proposals. "As recently as last summer, when housing prices had clearly peaked and the mortgage market had started to seize up, Dodd called on Bush to 'immediately reconsider his ill-advised' reform proposals. Frank, now chairman of the House Financial Services Committee, said that the president's suggestion for a strong, independent regulator of Fannie and Freddie was 'inane.'" (Al Hubbard and Noam Neusner, Op-Ed, "Where Was Sen. Dodd?" The Washington Post, 9/12/0

Dodd Called On The Regulator For Fannie Mae And Freddie Mac To Lift Portfolio Caps. "Both Schumer and Christopher J. Dodd, D-Conn., the chairman of the Senate Banking, Housing and Urban Affairs Committee, have called on Fannie Mae and Freddie Mac's regulator to lift the portfolio caps. They argue that allowing the two firms to buy more mortgages, at least temporarily, would inject much needed liquidity into the market and calm the financial markets." (Michael R. Crittenden, "Schumer Will Seek To Lift Cap On Mortgage Portfolios Of Fannie Mae, Freddie Mac," Congressional Quarterly Today, 8/16/07)

NOTE: Dodd Was The Top Recipient Of Contributions From Fannie Mae And Freddie Mac:

Since 1989, Dodd Has Received At Least $165,400 From Fannie Mae And Freddie Mac: $48,500 From PACs And $116,900 From Individuals, Receiving More Than Any Other Politician. (Lindsay Renick Mayer, "Fannie Mae And Freddie Mac Invest In Lawmakers," Center For Responsive Politics' "Capital Eye" Blog, www.opensecrets.org, 9/11/0

Schumer Led Efforts To Block Reform Of Fannie Mae And Freddie Mac:

Schumer Called On The Regulator For Fannie Mae And Freddie Mac To Lift Portfolio Caps. "Both Schumer and Christopher J. Dodd, D-Conn., the chairman of the Senate Banking, Housing and Urban Affairs Committee, have called on Fannie Mae and Freddie Mac's regulator to lift the portfolio caps. They argue that allowing the two firms to buy more mortgages, at least temporarily, would inject much needed liquidity into the market and calm the financial markets." (Michael R. Crittenden, "Schumer Will Seek To Lift Cap On Mortgage Portfolios Of Fannie Mae, Freddie Mac," Congressional Quarterly Today, 8/16/07)

Rep. Frank And Sens. Schumer And Dodd Protected Fannie Mae And Freddie Mac. "The powerhouse Democratic overseers of the banking committees -- Rep. Barney Frank, Sen. Christopher Dodd and Sen. Chuck Schumer -- protected Fannie and Freddie." (Robert Novak, Op-Ed, "Crony Image Dogs Paulson's Rescue Effort," Chicago Sun-Times, 7/17/0

After The Subprime Housing Crisis Began, Schumer Advocated Raising The Cap On What Fannie Mae And Freddie Mac Could Lend. "Even last September, as the subprime housing crisis began to metastasize and the market was expressing concerns about the pair, Sen. Charles Schumer (D-N.Y.), the powerful chair of the Senate banking subcommittee on housing, had the very bad (and ultimately rejected) idea of raising the cap on what Fannie and Freddie could lend by 10 percent. Since then the companies have reported losses of $11 billion, and there's uncertainty about just how much more damage there will be from future defaults." (Editorial, "We Can't Say No, But We Can Regulate Them," [New York] Newsday, 7/20/0

Despite Reports Of Fraudulent Accounting, Schumer Opposed Creating A Strong Regulator For Fannie Mae And Freddie Mac In 2004. "Even after Freddie Mac was shown to have manipulated earnings, Congress remained deadlocked over legislation to create a stronger regulator. Opposing one such bill in 2004, Sen. Charles E. Schumer (D-N.Y.) argued that a hostile regulator could use the proposed powers to choke the companies." (David S. Hilzenrath, "Fannie, Freddie Deflected Risk Warnings," The Washington Post, 7/14/0
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Friday, September 12th 2008

9:54 PM

A Communist/Marxist Coke Head that is all we need

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CPUSA 2008 Electoral Policy

Communist party backs

Socialist Democrats

 

The Communist Party USA views the 2008 elections as a tremendous opportunity to defeat the policies of the right-wing Republicans and to move our country in a new progressive direction.

The record turnout in the Democratic Presidential primary races shows that millions of voters, including millions of new voters, are using this election to bring about real change. We wholeheartedly agree with them.

While we do not endorse any particular candidates, we do endorse and join in the anti-Bush/anti-right wing sentiments that are driving so many people to activism.

The fact that the Democratic frontrunners are an African American and a woman speaks volumes on how far the country has come. Hillary Clinton’s campaign has attracted large numbers of supporters, especially women. Other Democratic contenders presented some excellent proposals to reverse the devastation caused by the Bush administration’s policies.

Barack Obama’s campaign has so far generated the most excitement, attracted the most votes, most volunteers and the most money. We think the basic reason for this is that his campaign has the clearest message of unity and progressive change, while having a real possibility for victory in November.

As we see it, however, this battle is bigger than the Democrats and Republicans, even though those parties are the main electoral vehicle for most voters today. Our approach is to focus on issues and movements that are influencing candidates and parties.

We will work with others to defeat the Republican nominee and to end right-wing control of the new Congress.

The activism growing out of this election will help guarantee a progressive mandate no matter who is elected. It is critical to our country’s renewal and future.

We think this election is a great opportunity to bring an early withdrawal of US troops from Iraq. It can mean job creation and relief for those who are losing their homes or unable to pay their bills.

This election can set the stage to advance the interests of working people; of those excluded because of race, gender, sexual orientation and immigration status.

This election can begin to turn the tide: it can help bring universal health care, save the environment and start the restoration of our democratic rights. This election can strengthen democracy for all.

In the long run, we see the need for an independent "people’s party" -- an electoral party that will unite labor and all democratic forces. We also are working for a political system and government whose priority is to watch the backs of working families, not fill the pockets of the corporate fat cats. Our slogan, "people before profits" and our goal of "Bill of Rights socialism" say it all.

http://cpusa.org/article/articleview/907/1/4/

 

 

 

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Wednesday, September 10th 2008

6:29 PM

The truth about Democrats and Blacks

Photobucket Image HostingDid you know that Dr. Martin Luther King was a Republican?

I sure didn’t — till I read Ronald Kessler’s arresting column in Newsmax just recently. He was liberally quoting Frances Rice, chairman of the National Black Republican Association, in which she was describing the Democratic Party as the “architect of modern day racism.”

This was just the first of many fascinating and surprising accusations from someone who is certainly in a position to know what she’s talking about. She’s a retired Army lieutenant colonel and lawyer, and she avers that it was Republicans who pushed through much of the ground-breaking civil rights legislation in Congress — and that the GOP still stands for empowering blacks to help them out of poverty, more than the Democrats.

In contrast, she says, the liberal party pushes programs that keep her fellow blacks dependent on government handouts and temporary “fixes,” and encourages them to see themselves as victims.

She even charges that in every election cycle, Democrat operatives fan out into the black communities and preach hatred against the Republican party, to get them to cast protest votes against perceived prejudice. And this activity has succeeded insidiously, convincing several generations of black Americans that the Democratic Party is their only hope. The party strategists’ fear is that “once blacks become prosperous, the Democrats will lose their power base.”

Frances Rice co-founded the NBRA in 2005 with the mission of returning African-Americans to the party of Abraham Lincoln and their more logical roots. The organization has grown quickly, from an initial five members to over a thousand, and counting! It publishes a quarterly glossy magazine, “The Black Republican,” and has a Web site: www.nbra.info. I won’t quote all the charges she makes as a successful and able black woman, because they are, frankly, incendiary. But she backs them up with facts.

One thing she points out is that most black people are completely unaware that from its founding in 1854, as the anti-slavery party, the Republican Party has always been at the “forefront of the struggle for civil rights, which is why Dr. King was himself a Republican.” It was Republicans who fought slavery and amended the Constitution to grant blacks freedom, citizenship, and the right to vote.

They also pushed through much of the ground-breaking civil rights legislation from the 1860s through the 1960s, Rice says.

On the other hand, it was a Democratic public safety commissioner, Eugene “Bull” Connor, in Birmingham, who unleashed vicious dogs and turned fire hoses on black civil rights demonstrators, she reminds us. And Democrat Georgia Gov. Lester Maddox “brandished an ax handle to prevent blacks from patronizing his restaurant. And Democrat Gov. George Wallace stood in front of the Alabama school house in 1963, declaring there would be segregation forever. In 1954, Democrat Arkansas Gov. Faubus tried to prevent desegregation of Little Rock public schools … but Republican President Dwight Eisenhower sent troops into the South to desegregate the schools, and appointed Chief Justice Earl Warren to the Supreme Court, which resulted in the 1954 Brown v. Board of Education decision ” She asks, “Have most black Americans ever been taught any of this? Of course not.”

And neither, she points out, have most blacks ever known that it was Democrats, “fighting to keep blacks in slavery and away from the polls, who started the Ku Klux Klan to terrorize them. And they fought civil rights legislation for years!”

Why am I chronicling all this? Well, this is an extremely crucial election year, unprecedented in its implications. A vast majority of media attention is consistently focused on the Democratic race, with its leading contenders a young black man and a middle aged woman; one will win the nomination, and the predominantly liberal media will pull out all the stops, employing all its biased wiles and influence to push that nominee into the presidency.

Much of the necessary reporting of the Republican campaign will seem dull and perfunctory, with a hoped-for Democrat victory seemingly inevitable.

I’m intrigued, though, by a cross current of political thought and action, also unprecedented, not being reported at all by mainstream media. Like the information above, it’s a growing rejection of Democrat claims by informed

and activist black Americans.

For years, I’ve been aware of this advancing phenomenon. I was an Alan Keyes supporter in his first bid for the Presidency. Before that, in 1976 I was a Reagan delegate to the Republican convention, and was actively stumping for the GOP to find, nurture and put forward black candidates for every elected office! I kept saying, “We’re the party of Lincoln. Why shouldn’t we be the ones that create the opportunities for the best qualified black candidates?” And I fervently hoped Gen. Colin Powell would accept our call, though he declined, not wanting to face the howling opposition and dirty tricks of presidential campaigning.

Another dynamic leader I’ve met is Rev. Wayne Perryman, a black fact-finding investigator, and author of “Unfounded Loyalty: An In-depth Look Into the Love Affair Between Blacks and Whites.”

He’s a dedicated Christian minister, and from his vantage point, just like that of Martin Luther King, he feels that history reveals where black citizens in this country have found their true support. For him and others like J.C. Watts, former congressman from Oklahoma, Jesse Lee Peterson, radio host and publisher, and an array of other influential black leaders like Ward Connelly and Larry Elder, it’s very troubling to see their brothers and sisters being led along like sheep by liberal promises that are tempting but not real answers for their best future.

Next time, I want to focus here on Rev. Perryman’s findings and allegations; that will be worth some space. But for now, my point is that we Americans, all of us, need to step back and take an objective look at our past as well as to the immediate future — to the trends and actions and influences that have brought us to this election year. There are serious differences between the candidates, their ambitions and abilities, and the goals of the two parties

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Wednesday, September 3rd 2008

3:17 PM

Chivalrous Men and the Victim Princess Complex

Chivalrous Men and the Victim-Princess Complex



I recently came across an article sporting the irresistible title, A Nation of Little Princesses. Author Christopher Healy explores the archetype of the princess, which he asserts "is one of the longest-lived in all of literary history."

My first reaction was to think, "Here's some Neanderthal guy trying to peddle outdated gender stereotypes." But Healy points to the fact that the Disney Corporation has assembled a Princess brand consisting of eight animated film heroines including Cinderella, Snow White, Pocahontas, Belle of Beauty of the Beast, and others. In 2003 the Princess line racked up an astonishing $2.5 billion in sales, up from a mere $300 million in 2001.

And that's just for starters. "We've gone beyond the dress-up and toys, and begun to look at the brand as a lifestyle, filling out all the other things girls need in life," according to Mary Beech, Disney's director of franchise management. Things girls need in life?

Healy, proud dad of a three-year-old girl, notes with an equal mix of astonishment and horror, "The ease and rapidity with which a princess obsession can take hold of a young girl's psyche is mind-blowing."

Eventually those little Jennifers and Bethanies grow up, go to college, and enroll in their first Women's Studies course. There they learn that the kiss by their Prince Charming really represents non-consensual sexual assault, that Belle's Beast is a closet bodice-ripper, and that the fable of the Princess talking to the Green Frog at the side of the well is an allegory of serial rape.

But the Women's Studies gurus explain they can still make their dreams of tiaras and sequin-studded dresses come true: "Join the Sisterhood, and we'll turn you into a real princess!"

According to the feminist fable, women were kept under heel for so many millennia that members of the fairer sex need to play "catch-up." So now women should be the beneficiaries of an ever-expanding array of legal protections, government programs, commercial products, and lifestyle options. That's the Victim-Princess Complex.

What princess who has just been betrayed by her Handsome Green Frog could resist that offer?

Before long these Wicked Witches of the North have cast a spell on their Little Pretties. These young women soon graduate from college believing that women are paid less for the same work, that women were routinely excluded from medical research, and a multitude of other tragedies that have befallen womankind. Victimization has become a mainstay of their self-identity.

It's not just the feminist propaganda mill that endlessly replays the woman-as-victim mantra. Chivalrous men, acting out their fantasies of the White Knight in Shining Armor, are guilty as well.

Pick up a copy of your local newspaper and you will see articles – usually written by male reporters and columnists – that reinforce the notion of the downtrodden female. Accounts of women who are stressed-out, undervalued, and abused form the staple of daily news reporting.

Recently I attended a conference where a speaker blandly made the claim that 60 million women around the world had "disappeared." He didn't bother to offer any details or proof. And he certainly didn't say anything about men who were never heard from again.

I imagine that catering to women's insecurities makes these men feel gallant and proud. But chivalry is defined as being "considerate and courteous to women." Slanting and distorting the truth – that's chicanery, not chivalry.

Yet there's a downside to the Princess-Victim Complex.

Myrna Blyth, former editor of Ladies Home Journal, reveals how women's magazines turn female victimization into a hard sell for the latest beauty products or weight control program. Blyth decries how these magazines promote "narcissism as an advanced evolutionary stage of female liberation. Me, me, me, means you're finally free, free, free."

But the problem goes beyond self-absorbed narcissism.

In his Nation of Little Princesses article, Christopher Healy quotes a father who observes, "Well, that's the magic of Disney: It's addictive. It's like crack for 5-year-olds."

So the Victim-Princess Complex begins to resemble a dysfunctional habit in which the negative feelings of being a victim require ever-larger "fixes" for women to feel good about themselves. And those fixes come with a hefty price tag. Princesses "only find true happiness once they're married off with royal expense accounts," Healy laments.

These women are undoubtedly the most prosperous, pampered, and protected group in the history of the world. But they would still have you believe that women aren't getting a fair shake.

What is the truth of feminism? A fairy tale come true, or a royal deception that appeals to the most primitive instincts of men and women alike?

This is what the US male is up against--it has been festering for a long time. We are just as much fault for this as are women. Respecting women is not being a wimp-but letting them dictate your every awake moment is. I thought I would never use this word self-esteem we referring to men--I always connected that word with women. But younger men today--have been told so many things-by the media-school-parents that they don't know how to act.

"Must get in touch with your feminine side" who in the hell came up with that --40 years ago that quote did not exist--your feminine side what the hell does that mean anyway? Not too long ago I opened a door at a grocery store for a young woman, she looked at me and said " I am perfectly capable opening my own doors" well in my mind I said that is it--no more being helpful for the younger females--they want to have it all --------well they got it!!

The Feminist movement has destroyed all respect between males and females-now it is "I can do anything you can do"--and males now believe it!!! I am sorry but there is a difference between males and females--(physically)--mentally you can change that belief in the male mind and the feminist have succeeded in doing just that...

Feminist movement has destroyed the US male--(there are some that have not been influenced by the propaganda taught) and that is because of men who taught their boys to be men--passing down what manhood is from their fathers and grandfathers...

My father held two sometimes three jobs to support his family--never complained or whined

He respected woman-open doors for them-stood up when a woman entered the room. Did not use curse words around woman (females) and as far as that goes around his children. Today the F word is used everywhere-around woman-children who cares

He could repair his own car -did his own repairs on our home-cut the grass-all those tasks that were required to keep our home in good condition.

He taught his three sons to hunt-to fish-to respect woman and to help them when they needed it-to respect our grandparents-older people-our teachers and taught us about our country (he fought in WWII as well as all my uncles) respect the flag, why we have our freedoms-who protected them.

My father always had time for us--when I went to war (Vietnam) how I was raised, by my mother and father how they encouraged me to play football,baseball, how my father taught me how to take pain (through example) how to stand on my own two feet, these all got me through that war and home in one piece.

My mother and father were married 49 years before he died, they stayed together through thick and thin--raised four children on a workers pay.

Today a lot of what I have listed above is missing in our society,divorce and the split up of the American family has contributed to much of the ills our nation suffers from today. American men must revisit those attributes that made American men the envy of the whole world....

Corny you say---well what I am saying is coming from a 62 year old. I have seen the flowering of the feminist movement and its negative impact on the American Male and Female, and as an American Male do not like it.

 

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