Monday, September 29, 2008

The Truth Hurts don't it

Damned if we do

The bottom line, this economic bailout is wrong. Both parties at the best aren't telling us the truth. At the worst and honestly viewed they are out and out lying to us.

The damage that the GOVERNMENT has caused in the financial markets has brought us to a crises. Now the same Government that poisoned the waters are now going to purify them. BULLSHIT!

With or without this bailout the system is collapsing. The urgency in rushing this "fix" into place is pure politics. Bush is in a panic, the Democrats see an opportunity to seize control of more of the countries economy, and power and the Republicans are deaf dumb and stupid.

This problem was caused by Governmental policy, NOT Free Markets, Not Capitalism and NOT Greed on Wall Street.

The Government has finally reached a point of largess that the support beams can't handle it and they are collapsing. The system was designed for minimum power and control at the top. The pyramid of power has now and this bailout clinches it has completely flipped.

The question is what is left and what is right. The writers on political philosophy measure various issues in the term of parties instead of political power. This is not how the system was designed. To define our government system in the terms of parties is a fraud. The far left communism and the far right fascism are not opposite extremes but identical twins. They are complete government control just by different philosophies.

The founding fathers viewed it differently, they viewed it as the extreme left being tyranny and the extreme right being anarchy. The Founders concluded that at one extreme Anarchy no government, no law, no systematic control. Tyranny on the other is too much control, too much political oppression, too much government.

We are reaching the point of Tyranny.

From The Founders' Unchanging Principles of Liberty

Principle 13 - A Constitution should protect the people from the frailties of their rulers.

"If angels were to govern men, neither external nor internal controls on government would be necessary.... [But lacking these] you must first enable the government to control the governed; and in the next place oblige it to control itself." - James Madison

Principle 15 - The highest level of prosperity occurs when there is a free-market economy and a minimum of government regulations.

Prosperity depends upon a climate of wholesome stimulation with four basic freedoms in operation:

The Freedom to try.
The Freedom to buy.
The Freedom to sell.
The Freedom to fail.

This bailout and this government is violating the very founding principals of our republic. Our leaders should also remember the 11th Principle

Principle 11 - The majority of the people may alter or abolish a government which has become tyrannical.

"Prudence, indeed, will dictate that governments long established should not be changed for light and transient causes ... but when a long train of abuses and usurpations ... evinces a design to reduce them under absolute despotism, it is their right, it is their duty, to throw off such government, and to provide new guards for their future security." - Thomas Jefferson in the Declaration of Independence

It is reaching that time. This seizure of power and violation of who and what we are is being contrived for a purely political power grab. All dictates and rules of the constitution are being tossed aside.

And it is no coincidence that this false crises is occurring right before an election.

Preamble to the constitution

We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.

Preamble to the bailout

To provide authority for the Federal Government to purchase certain types of troubled assets for the purpose of providing stability to and preventing disruption in the economy and financial system and protecting taxpayers, and for other purposes.

This is a seizure of power to empower pure government socialism.

Ha Ha Ha the Bill FAILED in the house!

'Un-American' Bailout, Paulson Should Have Quit, Gingrich Says

September 28, 2008 12:46 PM

ABC News' Tahman Bradley and Arnab Datta Report: Former House Speaker Newt Gingrich, R-Ga., on Sunday described Treasury Secretary Henry Paulson's request for billions of dollars to buy debt from struggling Wall Street financial firms as "un-American" and said the secretary should have stepped down.

Gingrich even expressed concern with Paulson's connections to Wall Street. The treasury secretary served as the chairman of a major global investment banking and securities firm before joining the Bush administration.

"You have the former Chairman of Goldman Sachs asking for 700 billion dollars, and in his initial request, asking for it in such an un-American way that I think he should have resigned," said Gingrich. "I think Paulson has terminally misunderstood the nature of the American system. Not just no review, no judicial review, no congressional accountability. Give me 700 billion dollars, 700 BILLION dollars! 'I'll be glad to spend it for you.' That's a centralization of power that is totally un-American."

Watch Gingrich's remarks

Watch "This Week's Sunday Sound" webcast

Early Sunday, congressional leaders and the Bush administration reached a tentative agreement on the $700 billion Wall Street bailout proposal. The bill is expected to come up for a vote in the House on Monday.

Gingrich, who made his remarks on the "This Week with George Stephanopoulos" roundtable, conceded that he would probably vote for the plan if he were still in the U.S. House because Congress was left with little choice.

Last week, Gingrich described the bailout plan as a "dead loser on Election Day" and urged Republican presidential candidate Sen. John McCain of Arizona to speak out against the plan. McCain, who appeared as the headliner on "This Week", signaled he's likely to vote for the bill in its present form.

Sunday, September 28, 2008


When a business makes good decisions, it prospers. When it makes bad decisions, it suffers. Sometime that can even mean it going out of business or being taken over by a more successful business. That is not a nice thing but it is a necessary thing since it is how the market regulates poor performance. (Obviously such a system disturbs those in the State sector who are most often accustomed to poor performance being rewarded and even promoted.) So why are we supposed to feel so concerned about those companies in the finance sector who have been shown to have made very poor management decisions? The fact that so many have over-exposed themselves (and their share-holders and customers) to bad risk is proof those companies need to suffer. It is vital that poor decision making is punished otherwise the problems gets worse. That's why I cry no tears for those institutions now going under, one by one. It may be seismic but it is timely.

Of course we should all understand that the origins of the sub-prime disaster lies directly with former US President Bill Clinton and I offer you this video as a little overdue historical context setting. I am not saying that Clinton and the Democrats carry ALL the blame however since it is obvious that far too many in senior management in the money markets went along with the farce and made it worse. The FREE market works - but when government intervenes it works less well. The Bail Out in the States is NOT the end of our problems, it may just be the beginning.

Posted on Sunday, September 28, 2008 at 09:31AM
by David Vance

Saturday, September 27, 2008

The Death of The Constitution

Congress does not have the power to nationalize the private sector.

from the National Review
The Paulson proposal, and the several congressional proposals based upon it, raise substantial constitutional questions regarding: (1) Congress’s enumerated power—or lack thereof—to intervene with private markets in the manner contemplated, (2) the lack of meaningful standards to guide the extremely broad grant of discretion to the Treasury secretary (the “legislative delegation” problem), (3) limitations on judicial review over the exercise of that almost limitless discretion, and (4) related separation of powers concerns.

From a constitutional standpoint, the current versions of the legislation are different in scope, and especially in kind, from almost any federal legislation that has come before. Many analogies to past emergency economic powers, such as those exercised in response to the thrift failures of the 1980s, are not on point with regard to these central constitutional concerns.

And these concerns are serious, regardless of how the courts might resolve them. Some would treat the Constitution merely as a legalistic contract and employ narrow legalistic arguments to circumvent its strictures and protections. The substance of this debate, however, should not turn on what provisions might or might not pass muster with the courts under a pinched conception of our fundamental law. Rather, it is the principles the Constitution embodies, which have served us well through so many crises, that should be the focus of debate. In short, Americans should take little comfort that [this or that provision] might barely pass muster in the courts if the legislation does serious damage to the underlying constitutional principles that were designed to protect our individual rights against governmental usurpations.

[T]hose who argue that we need to suspend the fundamental charter in order to save it (or the economy) have it backward. Our fundamental charter has always been a bulwark for the free market. [Addressing these] constitutional concerns should not only improve the short-term value of any emergency legislation; it should also support the long-term viability of free markets and, ultimately, free people.

This 700Billion Dollar rip off of the treasury is a violation of the very founding building blocks of America. Congress are the very people that caused this problem with the CRA and Fannie Mae and Freddie Mac and Mark to Market.

Have you noticed not one hearing has been held by Congress to find out where the problem originated or who benefited from the fraud committed in the financial markets. No we must rush this bailout through before Monday.

The reason is, the problem is the Government not free enterprise, and all the main pieces were put in place and run by Democrats. Two of the biggest comiters of fraud in this are Johnson and Raims both swindled over 100 million out of fannie and freddie and are the financial advisers of Barack Obama.

It is time to do away with the CRA and Mark to Market. The CRA is the community reinvestment act it is a government mandate that forces banks to lend money to people and neighborhoods that have a proven history of not paying the money back. Mark to Market is another law that forces value controls on commodities. If a bank fails and say has gold or real estate as assets, and due to it's failure sells them at 20cents on the dollar. Well Market to Market forces every other bank that has these same assets to value them at that price. So if your bank was solid before the other bank failed it is now in trouble because it also has to price it's gold and real estate at 20% of there worth. This is a recipe for financial disaster.

The solution to this problem is simple. Repeal those laws, and Allow those with the bad investments to fail.

The second step is to reinvigorate our economy and the strengthen the dollar. To achieve this you also only have to do a couple basic things.

American Corporate tax rate is 35% this must be cut to a maximum of 15%. Capital gains needs to be cut to ZERO. and the we must drill our own oil.

We are sending 700billion a year to nations that are our enemies for a resource that we have more of than they do. The cut in the corporate rate will keep business in this country, the capital gains cut will cause a flood of reinvestment and release the entrepreneurs, and the drilling of our own oil will create 100s of thousands of jobs and as a side benefit drop the price of gas while cutting off funds from our enemies

Wednesday, September 17, 2008

Zero Accountability, Social Engineering, and Corruption

In other words Democrat and liberal Policy.

Social Security in debt, Medicare in debt, Medicaid in debt, all to the tune of 54Trillion Dollars.

Fannie Mae and Freddie mack two company that violate the laws of what makes our country work. Both were the joining of a private company run by government rules and worst of all dealing in what else but the financial sector.

In Private Enterprise you run things ethically and soundly to make a profit. If you don't the consequences are failure and loss. Government on the other hand is you run a program to achieve a social goal that you deem fit no matter the cost. The cost of failure never fracture's into it because if it fails it will still grow and be paid for by taxes.

In 1995 the social engineering project of house ownership for everyone got kicked on steroids by the Clinton administration. Through legislation and regulation they removed the rules as to who and what was a viable risk in the housing market. The also removed the rules that bar certain industries from cross investing in high risk loan capital.

Basically what this did was force lending institutions to loan money to people with proven records that they don't pay their depts. It also penalized banks that wouldn't invest in geographical areas proven to be failures. Mostly big Democrat cities. And they backed it up with Freddie and Fannie.

Now Freddie and Fannie have been cooking the books for years. By falsifying returns Franklin Raines paid himself in bonuses over 100 million dollars and well known Democrat Hack Jamie Gorelick (the author of the intelligence wall) also managed to skim over 20 million from these institutions during the same period.

Result complete collapse of the mortgage industry, and the government bailing it out to the tune of Trillions of tax payer dollars.

Each of these industries should be allowed to fail. It will strengthen the system and in the short and long run cost less.

It should also be noted that knowing of this corruption has resulted in not one congressional hearing and Franklin Rains is Obamas financial advisor for his campaign.

Government has proven again and again that it is corrupt, irresponsible and totally inept at running anything. Yet those that will vote for Obamma and any Democrats will be voting for expansion of such good business sense to take further control of our economy.

Saturday, September 13, 2008

Is a Perfect Storm forming to Hit the Entire US?

Tensions in the Middle East between Israel and Iran are coming to a head. It is very likely that Israel will attack Iran sometime after Nov, 4th. That will cause a major jump in the price of oil alone, ad to that this little problem from Venezuela.

From Reuters
The United States on Friday imposed sanctions on Venezuelan officials it accused of helping Colombian rebels smuggle drugs, deepening a diplomatic crisis that raised the specter of an oil supply cutoff.

The sanctions were announced in Washington a day after Venezuelan President Hugo Chavez threatened to stop crude sales to the United States and expelled the U.S. ambassador, plunging relations to the lowest point in years.

Chavez acted after his ally Bolivian President Evo Morales threw out the U.S. ambassador, accusing him of stirring up protests against the leftist government.

Chavez ejected the U.S. ambassador to Venezuela in an expletive-laden tirade against "Yankees" on Thursday. Honduras weighed in on Friday, blocking a U.S. envoy from immediately taking up his post as ambassador.

Chavez is also a new close ally to Iran. When the Jews bomb Iran he will likely aid them by actually cutting us off.

The Democrat Congress is aggravating the situation on several fronts. Pelosi and her allies are aiding the anti-american Chavez with support. The Treasury Department accused ex-Interior Minister Ramon Rodriguez of being was Venezuela's main weapons contact for the Revolutionary Armed Forces of Colombia, or FARC, and had tried "to facilitate a $250 million dollar loan from the Venezuelan government to the rebels in late 2007." It accused him and Venezuela's two top intelligence chiefs of "materially assisting the narcotics trafficking activities" of FARC.

Washington considers the FARC, which uses drug money to fight Colombia's U.S.-allied government, a terrorist organization. This year, laptops found by Colombia in a rebel camp were seized on by Washington as evidence of cooperation between Venezuelan officials and Colombian rebels. On those laptops were the names and contact information of several Democrats and their aids.

Then there is our problem with oil imports. The US imports from a total of 42 different countries. The top 5 importing countries were Canada (16.34%), Mexico (15.42%), Saudi Arabia (14.30%), Venezuela (12.24%), and Nigeria (10.54%), for a total of 68.84% of all American imports. In contrast, imports from countries 6 through 10 (Iraq, Angola, Ecuador, Algeria and the United Kingdom) make up only 16.84% of the total, with countries 11 through 42 making up the remaining 14.33%.

To make it clearer we import 1,483 Thousand barrels a day from Saudi Arabia. In comparison we import 1,339 Thousand barrels a day from Venezuela. Almost an equal amount.

And we still have the Democrat congress refusing to allow us to drill for our own oil.

The Storm that is about to hit us will do more damage to our economy and way of life than any physical attack on our country ever could.

Monday, September 08, 2008

Why Martin Luther King Was Republican

It should come as no surprise that Dr. Martin Luther King, Jr. was a Republican. In that era, almost all black Americans were Republicans. Why? From its founding in 1854 as the anti-slavery party until today, the Republican Party has championed freedom and civil rights for blacks. And as one pundit so succinctly stated, the Democrat Party is as it always has been, the party of the four S's: slavery, secession, segregation and now socialism.

It was the Democrats who fought to keep blacks in slavery and passed the discriminatory Black Codes and Jim Crow laws. The Democrats started the Ku Klux Klan to lynch and terrorize blacks. The Democrats fought to prevent the passage of every civil rights law beginning with the civil rights laws of the 1860s, and continuing with the civil rights laws of the 1950s and 1960s.

During the civil rights era of the 1960s, Dr. King was fighting the Democrats who stood in the school house doors, turned skin-burning fire hoses on blacks and let loose vicious dogs. It was Republican President Dwight Eisenhower who pushed to pass the Civil Rights Act of 1957 and sent troops to Arkansas to desegregate schools. President Eisenhower also appointed Chief Justice Earl Warren to the U.S. Supreme Court, which resulted in the 1954 Brown v. Board of Education decision ending school segregation. Much is made of Democrat President Harry Truman's issuing an Executive Order in 1948 to desegregate the military. Not mentioned is the fact that it was Eisenhower who actually took action to effectively end segregation in the military.

Democrat President John F. Kennedy is lauded as a proponent of civil rights. However, Kennedy voted against the 1957 Civil Rights Act while he was a senator, as did Democrat Sen. Al Gore Sr. And after he became President, Kennedy was opposed to the 1963 March on Washington by Dr. King that was organized by A. Phillip Randolph, who was a black Republican. President Kennedy, through his brother Atty. Gen. Robert Kennedy, had Dr. King wiretapped and investigated by the FBI on suspicion of being a Communist in order to undermine Dr. King.

In March of 1968, while referring to Dr. King's leaving Memphis, Tenn., after riots broke out where a teenager was killed, Democrat Sen. Robert Byrd (W.Va.), a former member of the Ku Klux Klan, called Dr. King a "trouble-maker" who starts trouble, but runs like a coward after trouble is ignited. A few weeks later, Dr. King returned to Memphis and was assassinated on April 4, 1968.

Given the circumstances of that era, it is understandable why Dr. King was a Republican. It was the Republicans who fought to free blacks from slavery and amended the Constitution to grant blacks freedom (13th Amendment), citizenship (14th Amendment) and the right to vote (15th Amendment). Republicans passed the civil rights laws of the 1860s, including the Civil Rights Act of 1866 and the Reconstruction Act of 1867 that was designed to establish a new government system in the Democrat-controlled South, one that was fair to blacks. Republicans also started the NAACP and affirmative action with Republican President Richard Nixon's 1969 Philadelphia Plan (crafted by black Republican Art Fletcher) that set the nation's fist goals and timetables. Although affirmative action now has been turned by the Democrats into an unfair quota system, affirmative action was begun by Nixon to counter the harm caused to blacks when Democrat President Woodrow Wilson in 1912 kicked all of the blacks out of federal government jobs.

Few black Americans know that it was Republicans who founded the Historically Black Colleges and Universities. Unknown also is the fact that Republican Sen. Everett Dirksen from Illinois was key to the passage of civil rights legislation in 1957, 1960, 1964 and 1965. Not mentioned in recent media stories about extension of the 1965 Voting Rights Act is the fact that Dirksen wrote the language for the bill. Dirksen also crafted the language for the Civil Rights Act of 1968 which prohibited discrimination in housing. President Lyndon Johnson could not have achieved passage of civil rights legislation without the support of Republicans.

Critics of Republican Sen. Barry Goldwater, who ran for President against Johnson in 1964, ignore the fact that Goldwater wanted to force the Democrats in the South to stop passing discriminatory laws and thus end the need to continuously enact federal civil rights legislation.

Those who wrongly criticize Goldwater also ignore the fact that Johnson, in his 4,500 State of the Union Address delivered on Jan. 4, 1965, mentioned scores of topics for federal action, but only 35 words were devoted to civil rights. He did not mention one word about voting rights. Then in 1967, showing his anger with Dr. King's protest against the Vietnam War, Johnson referred to Dr. King as "that Nigger preacher."

Contrary to the false assertions by Democrats, the racist "Dixiecrats" did not all migrate to the Republican Party. "Dixiecrats" declared that they would rather vote for a "yellow dog" than vote for a Republican because the Republican Party was know as the party for blacks. Today, some of those "Dixiecrats" continue their political careers as Democrats, including Robert Byrd, who is well known for having been a "Keagle" in the Ku Klux Klan.

Another former "Dixiecrat" is former Democrat Sen. Ernest Hollings, who put up the Confederate flag over the state Capitol when he was the governor of South Carolina. There was no public outcry when Democrat Sen. Christopher Dodd praised Byrd as someone who would have been "a great senator for any moment," including the Civil War. Yet Democrats denounced then-Senate GOP leader Trent Lott for his remarks about Sen. Strom Thurmond (R.-S.C.). Thurmond was never in the Ku Klux Klan and defended blacks against lynching and the discriminatory poll taxes imposed on blacks by Democrats. If Byrd and Thurmond were alive during the Civil War, and Byrd had his way, Thurmond would have been lynched.

The 30-year odyssey of the South switching to the Republican Party began in the 1970s with President Richard Nixon's "Southern Strategy," which was an effort on the part of Nixon to get Christians in the South to stop voting for Democrats who did not share their values and were still discriminating against their fellow Christians who happened to be black. Georgia did not switch until 2002, and some Southern states, including Louisiana, are still controlled by Democrats.

Today, Democrats, in pursuit of their socialist agenda, are fighting to keep blacks poor, angry and voting for Democrats. Examples of how egregiously Democrats act to keep blacks in poverty are numerous.

After wrongly convincing black Americans that a minimum wage increase was a good thing, the Democrats on August 3 kept their promise and killed the minimum wage bill passed by House Republicans on July 29. The blockage of the minimum wage bill was the second time in as many years that Democrats stuck a legislative finger in the eye of black Americans. Senate Democrats on April 1, 2004, blocked passage of a bill to renew the 1996 welfare reform law that was pushed by Republicans and vetoed twice by President Clinton before he finally signed it. Since the welfare reform law expired in September 2002, Congress had passed six extensions, and the latest expired on June 30, 2004. Opposed by the Democrats are school choice opportunity scholarships that would help black children get out of failing schools and Social Security reform, even though blacks on average lose $10,000 in the current system because of a shorter life expectancy than whites (72.2 years for blacks vs. 77.5 years for whites).

Democrats have been running our inner-cities for the past 30 to 40 years, and blacks are still complaining about the same problems. More than $7 trillion dollars have been spent on poverty programs since Lyndon Johnson's War on Poverty with little, if any, impact on poverty. Diabolically, every election cycle, Democrats blame Republicans for the deplorable conditions in the inner-cities, then incite blacks to cast a protest vote against Republicans.

In order to break the Democrats' stranglehold on the black vote and free black Americans from the Democrat Party's economic plantation, we must shed the light of truth on the Democrats. We must demonstrate that the Democrat Party policies of socialism and dependency on government handouts offer the pathway to poverty, while Republican Party principles of hard work, personal responsibility, getting a good education and ownership of homes and small businesses offer the pathway to prosperity.

Ms. Rice is chairman of the National Black Republican Association (NBRA) and may be contacted at

Saturday, September 06, 2008

A True Fascist

The real problem with Barry Obama is that he is a fascist, plain and simple. What an Obama administration would mean to an American public is an abuse of power unlike any that has ever been experienced in any western government. This man is the culmination of everything that is truly anti-american.

Whether or not Obama's affiliation with a known terrorist bothers you or not, the tactics that he is employing to stifle even any questions about the relationship should scare the crap out of you. The way the Obama campaign has gone after the American Issues Project is nothing but the actions of an unashamed fascist. He has sent 4 letters that should be being screamed about from the highest hills.

The first letter went to the broadcast stations threatening to sue any station that aired the ad. Now every statement in this ad was verified and vetted. A 132 page document stating where the sources of the information in the ad came from was published first and the facts were undeniable. In the letter to the broadcast stations Obama states that they will refute the document later, but if you run the add we will sue.

The next two letters went to the Criminal investigations division of the Justice dept. During this investigation it has also come out that this is not the first time the Obama campaign has demanded this division start an investigation apparently they also sent letters demanding they investigate the Clinton campaign earlier in the race.

In the second letter to the Justice Dept they demand that the individual donor and anyone associated with this ad including volunteers be prosecuted criminally. This ad was paid for by an individual American citizen. The Obama campaign is using the GOVERNMENT to try and silence the free speech of an American citizen. A total dismissal and disregard of the first amendment. They have also demanded the tax records of this organization for an IRS investigation. In the lawyers response to the second letter she listed several individual donors to the Obama campaign that have spent more money individually than this donor in the same time period. Including one George Soros who had spent triple the amount in this time on Obama Ads.

Obama's resistance to answer these accusations and his behavior to stop the questions from being asked should raise an even bigger red flag, but the MSM just sits on their hands. William Ayers and his wife Bernadine Dorn are are a small part of a circle of Obama's immediate associates that have a lifetime of work in anti-american activities attacking the very fabric of what America is based on. Yet no questions can be asked. What makes this even more important is this man is applying for the job of running this country. Don't you think the beliefs of his closest associates might shape his view of how he sees the US and it's role in the world.

The Idea that the US Government be used as a tool to silence free political speech is a violation of the very fabric of what America is.