Tag Archive: economy


Because he’s a crackpot? A nutjob? A patriot? Not shiny and polished as our current president-elect? A true upholder of the Constitution? Since when does serving 10 terms in office, delivering babies, and having a lock on why the economy is in the crapper somethinng to be frowned upon that’s not worthy of assigning him the task of fixing the current state of affairs with this great nation? After all, that’s why so many American’s voted for BO. First order of business is to fix the economy, right? That is what all of you wanted, right?

Why does the media love to get sound bites and interviews with him? Why did so many people contribute so much money is so little time to help this man’s presidential campaign? Why were they silenced after he wasn’t nominated? Why did Ron Paul refuse to run as an independent? The answers are out there if you know where to look.

In the meantime, CNN is featuring RP again on his views and thoughts about our economy and state of the G.O.P. Why is he the only one with the clarity to not only explain the problems of this country but to offer the paths towards reaching solutions? Talk about a massive FACEPALM!

(taken from CNN)

During the debates in the Republican Presidential primary, even though I am a 10-term sitting Representative Member of Congress, I was challenged more than once on my Republican credentials. The fact that I was repeatedly asked how I could be a Republican when I was talking a different language than the other candidates answers the question of how the Republican Party can slip so far so fast.

My rhetorical answer at the time was simple: Why should one be excluded from the Republican Party for believing and always voting for:

• Limited government power

• A balanced budget

• Personal liberty

• Strict adherence to the Constitution

• Sound money

• A strong defense while avoiding all undeclared wars

• No nation-building and no policing the world

How can a party that still pretends to be the party of limited government distance itself outright from these views and expect to maintain credibility? Since the credibility of the Republican Party has now been lost, how can it regain credibility without embracing these views, or at least showing respect for them?

I concluded my answer by simply stating the Republican Party had lost its way and must reassess its values. And that is what needs to be done in a hurry.

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I never thought I would see this again in my lifetime. I guess we’ll enjoy it while it lasts. The car wash is located at 7000 North Point Parkway, Alpharetta GA.

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Well, at least it was a good idea to buy Apple!

Well, at least it was a good idea to buy Apple and RIM!

This isn’t news to me but in case you just came crawling out from under your latest Gossip Girl, the buzz is finally spreading further out. Talk about your perfect storm. What’s the one thing that makes the world go around? And if we grab them by the purse strings, we’ll get what we want!

singleglobalcurrency.org

So 9/11 scared you into believing we had to fight a war with no end in sight.

Cervical cancer scared you in believing that you need to have a vaccine shot for your pre-teenage girl.

And now the current state of the financial markets are scaring you into believing that we need a central world bank. It’s gone far enough, people! (Why didn’t we take Ron Paul to the White House?!)

$71.3 billion bailout for Germany

$25.6 billion bailout for Belgium

$90.12 billion bailout for Britain

$441 billion bailout for Greece

$12.4 billion bailout for Switzerland

$5.2 billion bailout for Denmark

$14 billion bailout for Iceland

$561 billion bailout for Ireland

$100 billion bailout for Russia

All numbers are approximate but when you are talking in increments of billions, does it make much of a difference if you are off by a couple of billion? These are the bailouts that have occurred in the last 12 months (technically last several months). While some of the bailouts are being covered by private investors, the majority of them are being covered by their respective governments. Are we witnessing the collapse of capitalism or can the world economy regain from its drunken composure?

Published: September 30, 1999

In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders.

The action, which will begin as a pilot program involving 24 banks in 15 markets — including the New York metropolitan region — will encourage those banks to extend home mortgages to individuals whose credit is generally not good enough to qualify for conventional loans. Fannie Mae officials say they hope to make it a nationwide program by next spring.

Fannie Mae, the nation’s biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits.

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Franklin Raines

Franklin Raines

This is an attempt to follow the bread crumbs and see where they lead to. Right now, there really isn’t a lot being talked about Obama’s economic advisors: Franklin Raines, Tim Howard, and Jim Johnson: Former Obama Financial Advisor, head of VP Search Committee and Speech Writer. I’m curious as to the reasons why? Understandably, because of Obama’s lack of experience on economy, he has to surround himself with those who can build up his credibility. But these individuals raise my eyebrows because this is the equivalent of seeking advice from bank robbers on how well the bank’s security has been maintained – and then asking them to build a better bank! I try to give Obama the benefit of the doubt but can this be overlooked and ignored by the mainstream media? Wasilla and Alaska’s effects were contained to one little corner of this country. Raines, Howard, and Johnson’s effects were felt nationwide. I hope I don’t have to hear their names again should there be an Obama administration staff. But I digress, let’s keep talking about dinosaurs again because if it wasn’t for them, Palin wouldn’t get her hands on the nuclear codes! This was a 6,000 year old conspiracy in the making!

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OK, now that you are kinda surprised by the comments, don’t be surprised because the man who coined the phrase, “politics of personal destruction” was seeing things from the other side. Whodathunkit? CNN wants to credit Karl Rove’s Wall Street Journal article for telling Obama to back off, but honestly, the vibe against Palin was so ridiculously stretched out, that it was starting to make the Dems look like a bunch of desperate bullies. I know I was not the only one saying this. This country is in such sad shape, do we really want the rest of the world noticing that we’re falling over each other trying to place blame and pointing out each other’s faults? (Whoops, too late!) McCain needs to back off as well. Those ads were the biggest wastes of Rep money (which are no longer on the McCain website). Spend it on an economist that can best explain the economy and how we can get back in black!

Link to article

Forget McCain and his lack of knowledge about the economy. It appears that no one in Washington wants to comment on all the bailouts. Is it that hard to piece together? I’m understanding that we’re now starting to bailout some non-US banks. What?!!

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Of course, I’m always able to hear the voice of reason – Ron Paul! Oh, but everyone else thinks he’s a crackpot. Well color me crackpot as well!