AMERICA VOTES - VOTING HAS CONSEQUENCES READ, LEARN, GET EDUCATED, GET READY
Obama to propose strict new regulation of financial industry President Obama is expected to unveil a plan that would give the government new powers to seize key companies whose failure jeopardizes the financial system. The plan would give the government new powers to seize key companies whose failure jeopardizes the financial system, as well as creation of a watchdog agency to look out for consumers' interests.
Reporting from Washington -- The Obama administration this week will propose the most significant new regulation of the financial industry since the Great Depression, including a new watchdog agency to look out for consumers' interests.
Under the plan, expected to be released Wednesday, the government would have new powers to seize key companies -- such as insurance giant American International Group Inc. -- whose failure jeopardizes the financial system. Currently, the government's authority to seize companies is mostly limited to banks. read more...
Senior Democrat Says Obama's Czars Unconstitutional
Last week President Obama appointed yet another “czar” with massive government power, answering only to him. Even before this latest appointment, the top-ranking Democrat in the Senate wrote President Obama a letter saying that these czars are unconstitutional. President Obama’s “czar strategy” is an unprecedented power grab centralizing authority in the White House, outside congressional oversight and in violation of the Constitution.
As of last week, Czar Kenneth Feinberg has the authority to set the pay scale for executives at any company receiving government money (and how many aren’t, these days?). Czar Feinberg has the power to say that someone’s pay is excessive, and to make companies cut that pay until the czar is pleased.
Congress did not give Czar Feinberg this authority. For that matter, Congress has not authorized any of the czars that President Barack Obama has created. read more...
Privacy May Be a Victim in Cyberdefense Plan
A plan to create a new Pentagon cybercommand is raising significant privacy and diplomatic concerns, as the Obama administration moves ahead on efforts to protect the nation from cyberattack and to prepare for possible offensive operations against adversaries’ computer networks.
...there may be a need to intercept and examine some e-mail messages sent from other countries to guard against computer viruses or potential terrorist action. Advocates say the process could ultimately be accepted as the digital equivalent of customs inspections, in which passengers arriving from overseas consent to have their luggage opened for security, tax and health reasons. read more...
The Media Reached New Lows:
Evan Thomas of Newsweek:
"I mean in a way Obama’s standing above the country, above – above the world, he’s sort of God..."
... Reagan was all about America, and you talked about it. Obama is ‘we are above that now.’ We're not just parochial, we're not just chauvinistic, we're not just provincial." read more...
Who Is Barak Obama?
Obama in a revealing 2001 Chicago Public Radio Interview:
"Constraints put by the Founding Fathers in the Constitution... the Constitution is a charter of negative liberties; says what the state can't do to you, says what the federal government can't do to you, but does not say what the federal government or the state government must do on your behalf..."
"The Supreme Court never ventured into the issues of redistribution of wealth, and of more basic issues such as political and economic justice in society... "
"One of the tragedies of the civil rights movement was, um, because the civil rights movement became so court focused I think there was a tendency to lose track of the political and community organizing and activities on the ground that are able to put together the actual coalition of powers through which you bring about redistributive change. In some ways we still suffer from that..."
Meet The Supporters: Millions just like her expect the government to take from the productive and redistribute...
BRAINWASHED OBAMA Supporter...
"It was the most memorable time of my life. It was a touching moment because I
never thought this day would ever happen. I won't have to worry about putting
gas in my car. I won't have to worry about paying my mortgage. You know, if I
help him, he's gonna help me."
I am Janet Contreras, a concerned, home-grown American citizen. I am 53, and I have been a registered Democrat all of my adult life. Before the last Presidential election, I registered Republican because I no longer feel the Democratic Party represents my views or works to pursue issues important to me. I now no longer feel the Republican Party represents my views or works to pursue issues important to me. The fact is I no longer feel any political party or representative in Washington represents my views or works to pursue issues important to me.
There must be someone. Please tell me who you are. Please stand up and tell me that you are there and that you're willing to fight for our Constitution as it was written. Please stand up now. You might ask yourself what my views and issues are that I would horribly feel so disenfranchised by both major political parties. What kind of nut job am I? Will you please tell me?
Well, these are briefly my views and issues for which I seek representation:
One, ILLEGAL IMMIGRATION. I want you to stop coddling illegal immigrants and secure our borders. Close the underground tunnels. Stop the violence and the trafficking in drugs and people. No amnesty, not again. Been there, done that, no resolution. P.S., I'm not a racist. This isn't to be confused with LEGAL Immigration.
Two, the TARP Bill, I want it repealed and I want no further funding supplied to it. We told you no, but you did it anyway. I want the remaining unfunded 95% repealed. Freeze, repeal.
Three, Czars, I want the circumvention of our checks and balances stopped immediately. Fire the czars. No more czars. Government officials answer to the process, not to the president. Stop trampling on our Constitution and honor it.
Four, Cap and Trade. The debate on global warming is NOT over. There is more to say.
Five, Universal Healthcare. I will not be rushed into another expensive decision. Don't you dare try to pass this in the middle of the night and then go on break. Slow down!
Six, growing government control. I want states rights and sovereignty fully restored. I want less government in my life, not more. Shrink it down. Mind your own business. You have enough to take care of with your real obligations. Why don't you start there.
Seven, ACORN. I do not want ACORN and its affiliates in charge of our 2010 census. I want them investigated. I also do not want mandatory escrow fees contributed to them every time on every real estate deal that closes. Stop the funding to ACORN and its affiliates pending impartial audits and investigations. I do not trust them with taking the census over with our taxpayer money. I don't trust them with our taxpayer money. Face up to the allegations against them and get it resolved before taxpayers get any more involved with them. If it walks like a duck and talks like a duck, hello. Stop protecting your political buddies. You work for us, the people. Investigate.
Eight, redistribution of wealth. No, no, no. I work for my money. It is mine. I have always worked for people with more money than I have because they gave me jobs. That is the only redistribution of wealth that I will support. I never got a job from a poor person. Why do you want me to hate my employers? Why - what do you have against shareholders making a profit?
Nine, charitable contributions. Although I never got a job from a poor person, I have helped many in need. Charity belongs in our local communities, where we know our needs best and can use our local talent and our local resources. Butt out, please. We want to do it ourselves.
Ten, corporate bailouts. Knock it off. Sink or swim like the rest of us. If there are hard times ahead, we'll be better off just getting into it and letting the strong survive. Quick and painful. Have you ever ripped off a Band Aid? We will pull together. Great things happen in America under great hardship. Give us the chance to innovate. We cannot disappoint you more than you have disappointed us.
Eleven, transparency and accountability. How about it? No, really, how about it? Let's have it. Let's say we give the buzzwords a rest and have some straight honest talk. Please try please stop manipulating and trying to appease me with clever wording. I am not the idiot you obviously take me for. Stop sneaking around and meeting in back rooms making deals with your friends. It will only be a prelude to your criminal investigation. Stop hiding things from me.
Twelve, Unprecedented Quick Spending. Stop it now.
Take a breath. Listen to the people. Let's just slow down and get some input from some nonpoliticians on the subject. Stop making everything an emergency. Stop speed reading our bills into law. I am not an activist. I am not a community organizer. Nor am I a terrorist, a militant or a violent person. I am a parent and a grandparent. I work. I'm busy. I'm busy. I am busy, and I am tired. I thought we elected competent people to take care of the business of government so that we could work, raise our families, pay our bills, have a little recreation, complain about taxes, endure our hardships, pursue our personal goals, cut our lawn, wash our cars on the weekends and be responsible contributing members of society and teach our children to be the same all while living in the home of the free and land of the brave.
I entrusted you with upholding the Constitution. I believed in the checks and balances to keep from getting far off course. What happened? You are very far off course. Do you really think I find humor in the hiring of a speed reader to unintelligently ramble all through a bill that you signed into law without knowing what it contained? I do not. It is a mockery of the responsibility I have entrusted to you. It is a slap in the face. I am not laughing at your arrogance. Why is it that I feel as if you would not trust me to make a single decision about my own life and how I would live it but you should expect that I should trust you with the debt that you have laid on all of us and our children. We did not want the TARP bill. We said no. We would repeal it if we could. I am sure that we still cannot. There is such urgency and recklessness in all of the recent spending.
From my perspective, it seems that all of you have gone insane. I also know that I am far from alone in these feelings. Do you honestly feel that your current pursuits have merit to patriotic Americans? We want it to stop. We want to put the brakes on everything that is being rushed by us and forced upon us. We want our voice back. You have forced us to put our lives on hold to straighten out the mess that you are making. We will have to give up our vacations, our time spent with our children, any relaxation time we may have had and money we cannot afford to spend on you to bring our concerns to Washington. Our president often knows all the right buzzword is unsustainable. Well, no kidding. How many tens of thousands of dollars did the focus group cost to come up with that word? We don't want your overpriced words. Stop treating us like we're morons.
We want all of you to stop focusing on your reelection and do the job we want done, not the job you want done or the job your party wants done. You work for us and at this rate I guarantee you not for long because we are coming. We will be heard and we will be represented. You think we're so busy with our lives that we will never come for you? We are the formerly silent majority, all of us who quietly work , pay taxes, obey the law, vote, save money, keep our noses to the grindstone and we are now looking up at you. You have awakened us, the patriotic spirit so strong and so powerful that it had been sleeping too long. You have pushed us too far. Our numbers are great. They may surprise you. For every one of us who will be there, there will be hundreds more that could not come. Unlike you, we have their trust. We will represent them honestly, rest assured. They will be at the polls on voting day to usher you out of office. We have cancelled vacations. We will use our last few dollars saved. We will find the representation among us and a grassroots campaign will flourish. We didn't ask for this fight. But the gloves are coming off. We do not come in violence, but we are angry. You will represent us or you will be replaced with someone who will. There are candidates among us when hewill rise like a Phoenix from the ashes that you have made of our constitution.
Democrat, Republican, independent, libertarian. Understand this. We don't care. Political parties are meaningless to us. Patriotic Americans are willing to do right by us and our Constitution and that is all that matters to us now. We are going to fire all of you who abuse power and seek more. It is not your power. It is ours and we want it back. We entrusted you with it and you abused it. You are dishonorable. You are dishonest. As Americans we are ashamed of you. You have brought shame to us. If you are not representing the wants and needs of your constituency loudly and consistently, in spite of the objections of your party, you will be fired. Did you hear? We no longer care about your political parties. You need to be loyal to us, not to them. Because we will get you fired and they will not save you. If you do or can represent me, my issues, my views, please stand up. Make your identity known. You need to make some noise about it. Speak up. I need to know who you are. If you do not speak up, you will be herded out with the rest of the sheep and we will replace the whole damn congress if need be one by one. We are coming. Are we coming for you? Who do you represent? What do you represent? Listen. Because we are coming. We the people are coming.
BARACK OBAMA and the Cause of the Financial Crisis
Housing Secretary Andrew Cuomo spoke of forcing banks to make bad loans.
And Barack Obama's is tied to all of it!
Listen to Andrew Cuomo Housing & Urban Develpment Secretary 6 april 1998 on C-Span
[@2:12] [@05:39:45 into the original C-Span clip]:
CUOMO To take a greater risk on these mortgages, yes. To give families mortgages that they would not have given otherwise, yes.
Question... that they would not have given the loans at all? CUOMO They would not have qualified but for this affirmative action on the part of the bank, yes. Question Are minorities represented in that low and moderate income group? CUOMO It is by income, and is it also by minorities? Yes. CUOMO With the 2.1 billion, lending that amount in mortgages — which will be a higher risk, and I’m sure there will be a higher default rate on those mortgages than on the rest of the portfolio ... Obama 2008 ... [@6:25] Subprime lending started out as a good idea, helping Americans buy homes who previously could not afford to. Financial
institutions created new financial instruments that could securitize these loans, slice them into finer and finer risk categories and spread them out among investors and the country and around the world. In theory this should have allowed mortgage lending be less risky and more diversified... [ ... SPREAD THE RISK ... ]
BARACK OBAMA and the Cause of the Financial Crisis (continued) Late 2004 - Republicans warned of upcoming crisis - Excerpts from the hearing to investigate Fannie Mae and Freddie Mac's illegal book keeping.
Republican Richard Baker predicted the fallout from a Fannie Mae failure like we
have today. Democrat Clay calling the investigation that found illegal activity
by Fannie Mae CEO Rrank raines a lynching.
Democrat Frank saying all along that nothing was wrong, and seeing nothing
wrong.
Republican Manzullo calling out the executive bonus scheme. Republican
Shays questioning Frank Raines. The democrats covered up and killed the
legislation to protect Fannie Mae and Freddie Mac - their cash cows. McCain and
the republicans tried to stop it over and over again.
Boxer Chides Brigadier General
During a hearing of the Environment and Public Works Committee, the committee chair Democratic Senator Barbara Boxer interrupted Brigadier General
Michael Walsh’s report... "Do me a favor," she said, "could say 'senator' instead of 'ma'am?' It's just a thing, I worked so hard to get that title, so I'd appreciate it, yes,
thank you."
George Will Tells Dirty Little Secrets of Universal Healthcare
On Sunday, George Will during the panel discussion on ABC's "This Week," exposed some inconvenient truths about this controversial subject that would likely change much of the public's view if they were regularly made aware of them. After host George Stephanopoulos opened the roundtable segment, Will marvelously cut to the chase.
GEORGE WILL, ABC NEWS ANALYST: [T] this is now a single issue argument about whether or not we’re on a slippery slope to a single-payer system. That is, it’s about the so-called public option. And the president has said, “If you are starting from scratch” -- he said this very recently -- he would go to a single payer. That is, government as the single provider of health care.
Now, there are four arguments for the public option. One is, in the president’s words, it will keep them honest. To try to preserve the government as a lagoon of honesty, you can argue, refuted by anybody who reads any budget of any administration.
Bullseye, for all one need do is look at the totally absurd economic assumptions in Obama's 2010 budget, and one would have to agree with Will. But I digress
WILL: Second, he says, it will play by the same rules as the private insurers, and therefore, won’t drive them out of business. If you play by the same rules, as you said to the secretary, what’s the point?
Exactly. If the rules of the private insurers are sound enough to be adopted by government, why change things?
WILL: Third, it’s necessary to give what Secretary Sebelius said a choice to the consumers. There are 1,300 entities offering healthcare plans in this country. Another one isn’t going to change that.
Precisely. Taking this a step further, many of these 1,300 entities will likely cease to exist if government gets involved. As such, Americans will have far fewer options.
WILL: Finally, there’s the argument that the American people are not smart enough to handle something as complicated as healthcare and have a competitive market. They’ve done rather well in computers.
Yes, but a common liberal meme is that people aren't smart enough to figure things out, and that's why government needs do it for them.
Fortunately, Will wasn't done, for he later dispelled another media myth about this issue:
WILL: Donna [Brazile], you talk about the 46, 47 million uninsured. Fourteen million of them are already eligible for other government programs and haven’t signed up. Ten million are in households with household incomes of $75,000 a year and could afford it if they wanted to.
Furthermore, an enormous number in that 47 million are not American citizens. Sixty percent of the uninsured in San Francisco are not citizens.
Bingo. So, this 47 million uninsured number the media always throw around is totally disingenuous and largely irrelevant.
That said, it was awfully nice hearing somebody say it this morning. read the article, watch the video.
The smothering embrace of nanny government
When President Barack Obama tells you he's "reforming" health care to "control costs," the point to remember is that the only way to "control costs" in health care is to have less of it. In a government system, the doctor, the nurse, the janitor and the Assistant Deputy Associate Director of Cost-Control System Management all have to be paid every Friday, so the sole means of "controlling costs" is to restrict the patient's access to treatment.
...More importantly, there is a cost to governmentalizing every responsibility of adulthood... read more...
Ruin Your Health With the Obama Stimulus Plan: Betsy McCaughey
... No one from either party is objecting to the health provisions slipped in without discussion... The bill’s health rules will affect “every individual in the United States” (H.R.1EH pages 445, 454, 479). Your medical treatments will be tracked electronically by a federal system. Having electronic medical records at your fingertips, easily transferred to a hospital, is beneficial...
One new bureaucracy, the National Coordinator of Health Information Technology, will monitor treatments to make sure your doctor is doing what the federal government deems appropriate and cost effective. The goal is to reduce costs and “guide” your doctor’s decisions (H.R.1EH pages 442, 446)...
Read more..Search H.R.1EH
