As I recently pointed out (click here and here), now that McCain and Obama have done their duty for their real masters, Wall Street; John McCain can now afford to name names.

For the record: while it may seem like many middle Americans are only to happy to respond to this ploy; what they really are responding to is the realization that someone has finally heard their voices in this election -- that free-market, fiscal conservatism is not dead -- that once their true leader is found, these ideals will rise to political dominance again and right the wrongs that are presently being undertaken in their name.

ex animo

 

 

davidfarrar 

MR.L’s TAVERN 23 this Saturday night at 9:30pm EST. on ChimpsyRadio. www.chimpsyradio.com/ctl.html http://mrltavern.podomatic.com

I thought McCain did well in the second debate last night, especially on the economic issues. I have a feeling McCain is waiting to really pounce on Obama in the third debate. Brit Hume claimed that McCain lost. I’d personally like to cancel Brit Hume like a subscription of Newsweek for such an absurd analysis.
Laddies and Lasses, I caught one major LIE that Obama told last night. I don’t know if you did either. Here it is from the transcript where McCain and Obama responded to a question regarding the bailout. Laddies and Lasses, anyone with a one half of a brain knows that all roads that to this economic crisis begin with Fannie and Freddie. Here’s what Obama said:
“I wrote to Secretary Paulson, I wrote to Federal Reserve Chairman Bernanke, and told them this is something we have to deal with, and nobody did anything about it. A year ago, I went to Wall Street and said we've got to re-regulate, and nothing happened.”
When I looked further into the matter, I found that he claims he wrote the letter on October 17th 2007. In past press releases, Obama has stated that he wrote the FTC and asked them to “investigate subprime lenders to determine whether minority borrowers have been victims of discrimination.”
First of all, I wish we could all SEE the letter. Wouldn’t you like to see it? But, even if it does exist, why it would mean that he lied about it last night. If he did write it, just a year ago when the bubble was about to burst, it would mean that he wanted more minorities to get mortgages just on the principle that they are minorities.
Why, if we looked at what Obama said last night and then read the so-called letter that he wrote, we would need to ask ourselves what does regulation mean to Obama? Does it actually mean DE-regulate to him?
On June 28, 2008, Obama told the National Association of Latino Elected and Appointed Officials, "We have to stabilize the housing market. And the Latino community as well as the African-American community was particularly hard hit when it comes to foreclosures.”

It’s as clear as the blue sky that Obama wasn’t talking about regulating banks because they were lending out too much money to people who couldn’t afford the mortgages. Or, that perhaps banks shouldn’t have been lending 120% and engaging in poor due diligence. No…

The only issue that mattered to Obama (which is hard to detect in all of his double speak) was whether or not minority borrowers were being discriminated against and if Latino or black home owners were going through “unfair” foreclosure. Perhaps he wanted to give them more of a break than they already got? Perhaps if he was president, he would let some of these buyers, some who were living well out of their means, too stupid to read the note or have a lawyer present when signing, off the hook and have us pay their debt for them.

I will remind you that there was a clause in the first bailout bill that wanted to grant amnesty to over 500,000 illegal immigrants who up and left their distressed homes and went back to where ever the fuck they came from.

On this issue alone, Obama exposes his far left ideology that wants to keep giving more to the deadbeats and let the sucker, the hard-working responsible taxpayer, to pick up the check.

He’s no moderate.

He’s a stealth liberal.

He’s an economic dunce.

It is always important to honor those who did the right thing. So I humbly ask all those here at TNR to help create a cyber "State Honor Roll" of  House members from each state who had the right stuff, who did the right thing, and to distribute their list to its widest limits on the boundless public stage of the internet.

I hope by doing so, all those other politicians who didn't measure up, who didn't see their way through to do the right thing,  will understand we will not forget come election time. It is very imporant that we do this.

I will start with my own State delegation from Georgia, who numbered an amazing nine(9) Representatives who voted against the Wall Street bailout give away-- God bless them all!

1. Rep.   John Barrow           (D GA 12th District)        

 2. Rep.   Hank Johnson       (D GA 4th District)           

  3. Rep.  Paul Broun            (R GA 10th District)       

 4. Rep. Nathan Deal            (R-GA 9th District)          

5. Rep. Phil Gingrey              (R-GA 11th District)        

6. Rep. Rep. Jack Kingston  (R-GA 1st District)           

 7. Rep. John Linder               (R-GA 7th District)         

8.Rep. Tom Price                  (R-GA 6th District)          

9.Rep. Lynn Westmoreland  (R-GA 3rd District)            

Please create your own "State Honor Roll", or I will work with anyone who would like help in creating their own for their House Reps who did the right thing. Positive re-enforcement is a very powerful tool yet seldom used in politics. It is time we used it in conjunction with the power of the Internet do demonstrate to all those who didn't do the right thing their mistake in a positive way.

So I would ask all those who can post these "State Honor Rolls" to do so one their own websites, or where ever and when ever you can on the vast public stage of the Internet. 

ex animo

davidfarrar

A posting from the "Politico":

Member Since: Oct. 3, 2008

Party: Republican

Last Visited: Oct. 3, 2008 - 12:52 PM EST

#70Oct. 3, 2008 - 12:48 PM EST

McCain lost my vote when he supported this bail-out. he couldn't even wait to be elected before sticking it to the conservatives and if elected he'd have 4 years to give us heart-burn, i'm not going for it. how can he call himself a reformer and vote for socialism like he just did. obviously the republicans didn't learn the lesson we tried to send em in 2006. maybe 4 years of democratic rule will bring SOMEBODY we can vote for.

ex animo

davidfarrar

Oh, I get it...the Senate is now asking the House to approve a pork laden bailout bill to solve a credit crunch that was caused by too much government credit in the first place.   You can't stop a problem of too much spending, too much deficits and too much inflation with more of the same -- you can only delay the inevitable. There is something else afoot here, and it has nothing to do with the state of our economy.

Make no mistake about it, this bailout bill was never about the money, but all about the consolidation of power. The Senate deal has now been reduced to adding a few barrels of pork in return for fundamentally restructuring the division of power from the Congress to the executive branch.

Sure, the Senate made a few provisions to address this issue, but those provisions really didn't change the fact that after this vote, it will be the executive branch that determines what to spend the nation's wealth upon, not the Congress. I hope every House Rep who votes for this bailout bill enjoys their pork because the 110th Congress will live in infamy as the Congress that gave away its power and our liberty.

ex animo

davidfarrar

The National Online Party

Fascism has arrived with a smiley face as a result of the Senate's vote tonight. With the passage of its companion bill in the House, it will no longer matter who wins the upcoming debate, or who wins the presidential election. Elections themselves will no longer be relevant, simply an illusion for the people's' consumption and entertainment, like the Circus Maximus of old Rome.

The real leader of this country now resides in the Office of the Treasury Secretary.  And make no mistake about it, the moneyed class know exactly what happened. This is, in fact, the answer to Ron Paul's own question as to why the government would even want to go through a Congressional vote on the motion of a bailout when the government already had all of the necessary power to allocate the $700 billion, and more (click here) (1:50-2:14). The answer is, it was never about the money, it was all about the consolidation of power -- the fascist state being legally brought into being through an act of Congress.  American history will record this date as the date we, the People, lost our sovereignty and placed it in the hands of the moneyed class.  

 As long as the moneyed class can successfully keep bread in the people's stomach and their attention focused on the circus maximus of public elections, the people will never notice nor care that their liberty has been replaced by a

                               

                              smiley face.

 Welcome.

ex animo

davidfarrar

The Senate tonight is again ready to authorize the Fed to pump in even more billions of unneeded credit and dollars into the marketplace, all in an attempt, as they see it, "To save the taxpayer." You hear this refrain from Congress, the President, Obama and McCain over and over again.  Nothing could be further from the truth.

Make no mistake about it;  Congress is engaged in nothing more than damage control from their own incompetency at the expense of the taxpayer.

Here are two very short  (2:26, 4:46) Ron Paul, Ron Paul summaries on the "Bailout" crisis. And, although, Congress has stop calling this a "Bailout", it is still a "Bailout", a bailout of Congress.

ex animo

davidfarrar

 Thank you House of Representatives for doing the right thing.

It is very, very important that all of us re-contact our Congressional representatives who stepped up to the plate and did the right thing and thank them for their courage. It's the proper thing to do.

 US Treasury Secretary                                 Chairman of the Federal Reserve

                                                                       

   Henry Paulson                                                            Ben    Bernanke 

I intend to also suggest to them that along with taking off the table spending $700 billion of taxpayer's money on bailing out Wall Street as a step towards a compromise bill, calling for the resignation of Treasury Secretary, Henry Paulson  and Fed Chairmen, Ben Bernanke must be included.

If these men had any real professional integrity, they should have resigned prior to the House vote today. The bill they were responsible for drafting was outrageously unprofessional and amateurish -- and believe me, I am being reserved here when I describe these two gentlemen's efforts. I could easily say criminally negligent as well.

ex animo

davidfarrar

I, Mr.L, subscribe to the Newt Gingrich philosophy regarding the bailout plan. That is, simply, I think it sucks. The main reason that I'm against this bill is because there's no proof that the billions will actually solve the problem. A friend of mine recently reminded me of the old saying which applies to this economic problem at hand.

"I'm from the government and I'm here to help"

The punch line to that is, if anyone says that to you, run and don't walk from them.

Help? It's a four letter word.  It is how we got here. The "I gotta help" mentality of liberalism. Jimmy Carter and the Community Reinvestment Act. Bill Clinton and the so called Clinton "changes" in his administration in 1995 which advocated for subprime loans. Liberals like Barack Obama who worked for law firms Miner, Barnhill & Galland who were hell-bent for leather trying to get minorities in homes. These firms "helped" by suing the banks with discrimination charges if they didn't lend money to unqualified black or Hispanic buyers.  You know, the mentality of giving them the home due to the color of their skin and not the color green in their wallets!

The same liberals, Obama, Pelosi, Boxer, Frank, Reid, who wanted to CUT AND RUN in Iraq are now trying to CUT AND RUN from their own irresponsibly horrid ideologies and economic policies. They want to CUT AND RUN from the blame and pawn it off on Bush, Republicans and Wall Street Tycoons. Now, I'm not saying that the Wall Street money honeys and daddies don't deserve the blame, but what about the ordinary irresponsible average asshole? They are not immune from being corrupt. They are just as much to blame for running the country's economy into the ground. They did so by taking bad loans, buying "McMansions", not understanding the terms of loans, having bad credit and then, for some close to 1 million illegal immigrants, literally walked away from their responsibilities and went back to "their country".

None of them are mentioning the average citizen. They keep saying "rich bankers", "wall street tycoons" etc. They're actually advocating for more bad lending practices and offering MORE HELP to distressed homeowners.

Do you personally know anyone who has been forclosed on? I don't. Not only do I not know anyone but, I don't know ANYONE who knows anyone who has.

It's liberals & even Bush who are using fear and leaving behind reason by bascially claiming that, if this bill doesn't pass, the four horsemen of the apocalypse ride up on America. According to them, business won't be able to make payroll, people won't be able to buy cars and home prices will drop. Bullshit!

I would think that actions could be taken to help small business owners make their payroll if need be. I think most will agree with me when I say that home prices NEED to come down. Currently, in the suburbs of New York, a two bedroom co-apt or condo in an good area goes for roughly a cool 300k. That's absurd. And a homeowner can't come and cry to me that they want to sell and "can't get what they want for it" . There's a owner on my block who bought his 2 family house in 1970 for 50k and wants 800k for it. Wake up! The days of "flipping" are over.

And what about liberals like Barney Frank and Nancy Pelosi who, all of a sudden, care about the automotive industry and whether or not you can buy a car? I would think that liberal greenies wouldn't give a crap whether or not the auto industry could go under. After all, that would mean less cars on the road would help global warming, right?

What exactly did people do before credit when they wanted to buy a car or a house? They had to save money. Put their own money into the deal. You know, something called a down payment. It might be that Americans will have to be introduced to an old concept that they don't quite like and that is, fiscal conservatism. You want a car? Well, you're going to have to save for it. If you can't make a down payment, well, you're going to have to buy a shabanger instead of a Lexus and fix that baby up until you can buy a better car.

It's clear that fiscal liberalism has run a muck. Fiscal conservatism will save the nation. It's going to take time. But just like this crisis began took over ten years to come to a head, it will take that long to fix it. No quick fixes. No easy solutions.

No more help.

http://mrltavern.podomatic.com

 I will gladly offer you credit tomorrow for a handout today.

The fact of the matter is, Obama is not so much surging ahead in the polls, as John McCain is falling in the polls. He is falling in the polls because he has failed not only his base in the $700 billion give away to Wall Street, but also a large number of Independents who also are opposed to the bailout.

Just think how much better it would have been for McCain's presidential efforts if he had left the campaign trail and raced back to Washington to oppose the bailout, or at least fight to slow it down, and to fight to rid the ultimate bill of its raising ear-marks and special-interests political backroom dealings that are now surrounding this legislation.  He could have emerged as the champion of the taxpayer, beyond what any Democrat operative could have possibly asserted. He could have emerged as the only leader in this crisis.  But what did he do? He raced back to Washington to prove himself just another socialist senator, with no new ideas, no leadership other than to simply following the script.

        Yes, my friends, we need to give Wall Street all of your hard earned tax dollars, 'cause if we don't...well, where will all my campaign contributions come from?

John McCain is falling in the polls because he has failed to support his own constituency, and they, in turn, are failing to support him. It's just that simple.

Because of this failure, and if this bailout succeeds, I don't see how McCain can win this election.

ex animo

davidfarrar