Tuesday, September 23, 2008

It's NOT Wall Street, It's Main Street DUMMY

The recent economic crisis here in the United States has had leftists in this country trying to blame entire Republican Party and implying it was the greed and fat cats of big business that got us in this situation.

I say – nonsense! Barney Frank who is another one of those Socialist Massachusetts, self-hating Jew, elitist, and Kennedy loving congressman has had the absolute Gall to come out against the bailout due to not enough provisions. Frank is the one that stood in the way of regulatory oversight of the Mae programs. Frank was warned that this is a situation that could happen, and it did.

This isn’t about big business; this is about Main Street acquiring loans through the Mae/Mac programs that they knew they wouldn’t be able to afford once the variable went higher than their income. This was a construction of the Clinton White House in order to appease the minority vote. Franklin Raines who as in charge of the Mae/Mac programs profited tens of millions of dollars – where did this money go? I can assure you that a significant amount went to Obama’s campaign. Ever wonder why Obama has negated from using public funds for his campaign? He doesn’t have to – with people like Raines giving him money for his campaign, as well as Hollywood celebrities, why would he use public funds. Trust me; these people will look for pay back if this character is elected.

Franklin Raines is also one of Obama’s key economic advisors – do you believe this? His key economic advisor is a central figure on who got us into this mess in the first place, and now he is giving Obama financial advice for his plans that will affect the country. Obama and his decision making process – priceless.

Agreed, Paulson should not be the only one with oversight in the bail out – this is a good place to start and show the country that Republicans are not hypocrites as their Democrat counter-parts. The suggestion by McCain is to use a panel of three men for the oversight – one Republican, one Democrat, and one Independent - Warren Buffett, Mitt Romney or Michael Bloomberg, respectively. This was a suggestion by McCain – where are the suggestions by Obama? (Cricket Sounds).

For the record – here is a list of the campaign contributions made by Fannie Mae and Freddie Mac – now keep in mind, Obama has only been in the senate less than four years:
Top Recipients of Fannie Mae and Freddie Mac since 1989:

Campaign Contributions, 1989-2008

Name Office Party/State Total

1. Dodd, Christopher J S D-CT $133,900
2. Kerry, John S D-MA $111,000
3. Obama, Barack S D-IL $105,849
4. Clinton, Hillary S D-NY $75,550
5. Kanjorski, Paul E H D-PA $65,500
6. Bennett, Robert F S R-UT $61,499
7. Johnson, Tim S D-SD $61,000
8. Conrad, Kent S D-ND $58,991
9. Davis, Tom H R-VA $55,499
10. Bond, Christopher S 'Kit' S R-MO $55,400
11. Bachus, Spencer H R-AL $55,300
12. Shelby, Richard C S R-AL $55,000
13. Emanuel, Rahm H D-IL $51,750
14. Reed, Jack S D-RI $50,750
15. Carper, Tom S D-DE $44,389
16. Frank, Barney H D-MA $40,100
17. Maloney, Carolyn B H D-NY $38,750
18. Bean, Melissa H D-IL $37,249
19. Blunt, Roy H R-MO $36,500
20. Pryce, Deborah H R-OH $34,750
21. Miller, Gary H R-CA $33,000
22. Pelosi, Nancy H D-CA $32,750
23. Reynolds, Tom H R-NY $32,700
24. Hoyer, Steny H H D-MD $30,500
25. Hooley, Darlene H D-OR $28,750

Includes contributions from PACs and individuals.
2008 cycle totals based on data downloaded from the
Federal Election Commission on June 30, 2008.

Sixteen of the 25 are Democrats – the first Republican isn’t until number six, and he is still $40K less that his highness Obama. And who is number one? Chris Dodd who is the primary obstructionist in getting the country on the right track.

How much is Obama going to owe his contributors if elected in favors – here is a comparison of Obama and McCain as posted on Opnesecrets.org

Barack Obama (D)

Individual contributions $426,902,991
PAC contributions $450
Candidate self-financing $0
Federal Funds $0
Other $27,152,882
Report Date 09/21/2008

John McCain (R)

Individual contributions $184,758,250
PAC contributions $1,346,385
Candidate self-financing $0
Federal Funds $0
Other $43,935,187
Report Date 09/21/2008

This is over a 2:1 ratio with Obama generating HUNDREDS of millions more than McCain WOW!
Let’s get back to the story at hand. Obama still doesn’t have a plan to help the economy within our economic woes, other than RASING TAXES. You can’t get blood from a stone you knucklehead. As of today it was reported that Obama may be rethinking his future policy – 40+ days before the election and now Obama wants to flip-flop his entire economic plans. So where are the leftists now to defend his policy that it looks like he is going to abandon?

As I have said before – the 5% who will be carrying the load of the country with the Obama plan, are now losing their pants – so I’ll reiterate this – WE ARE GOING TO PAY THE LOAD – the working 47.5% of the country will be strapped down because Obama will make us pay the tab for those around us who foreclosed on their homes. And now the government will be the landlords.
Disagree with me if you will – nevertheless it does not take away the fact that the crisis we are in now has the potentiality of turning this country on its ear without the proper leadership.

If Obama comes into office the assuredly is there that the common worker will have to support everyone, whether they work or not – and in a leveled manner. That my friend is Socialism – it is an ideology that makes the people slaves to the government. The free-market will be destroyed because there will be no different classes of the populace – those if you are uneducated and lazy beyond any loafer, you will have the same benefits as me – my sweat, blood, tears – while you sit on your ass.

Wake-up leftists – your free speech will be taken away from you if Obama is elected, your free-market gone, and freedom of expression – POOF!

No comments: