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THIS WEEK’S WINNERS and LOSERS

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With the election results in,  Politics 24/7 presents to you the Winners & Losers, a weekly wrap up of the week’s luckiest and most down trodden, the best and the worst, the top and the bottom.

In this, the innaugural edition of Politics 24/7’s Winners & Losers, we feature the lucky recipeints in the election week  results.

LOSERS

  1. HILLARY CLINTON –The concept of President-elect Barack Obama dashes Hillary’s hopes for  possibly 8 years by which time a presidential run for her will probably not be in the cards.
  2. RICK DAVIS -The man in charge of John McCain’s presidential campaign failed to pull any rabbits out of his hat and looks for others to put the blame on. He sucked and there is no need to look any further to find blame.
  3. THE MEDIA -Since they turned against Hillary during the primaries, they spent the rest of this election proving that they were in the tank for Barack Obama.  They used this election to prove that they are more biased commentators than unbiased newsbreakers.
  4. ELIZABETH DOLE -Despite the anti-republican atmosphere, the North Carolina Senator was one of those few, rare republicans who could have kept her seat.  Complacency and overconfidence while in office, a poorly run campaign and a desperate last minute attempt to win that tried to exploit religion in a harsh tv ad, ended her career on a low note.
  5. PRESIDENT GEORGE W. BUSH -No matter what,  he gets the blame for Republicans losing and for the poor economy that helped put the nail in the coffin of Republicans running throughout the nation. Whether it’s his fault or not, he presided over the events we experienced and the buck ( or in this economy, the 25 cents which is the the equivalent of a buck), stops with him.

 

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WINNERS

  1. PRESIDENT-ELECT BARACK OBAMA -You may disagree with him but he won and he is now our president.  Should he be?  Maybe. Maybe not, that has yet be seen, but he established a campaign that did all the right things, established an exceptional ground game that didn’t just get him elected but won him a special place in history and allowed the United States to thankfully prove that although racism may exist, we can overcome it.
  2. NANCY PELOSI & HARRY REID -As the leaders of the house and senate, they accomplished nothing during the past two years that they were in power.  In fact their lackluster, liberal, leadership only helped hinder the Obama campaign.  But despite it all they are rewarded with increased majorities and now they have one of their own in the White House.  For Reid and Pelosi everyday will be Christmas for at least two years.
  3. THE TWO DAVIDS David Plouffe & David Axelrod, Barack Obama’s campaign manager and media strategists, respectively, orchestrated an effort that avoided landmines, sidelined the Clintons and made history. Their efforts may not have created the greatest and most creative presidential campaign we ever saw but it worked and achieved a first in American politics.  There’s lots of power and money in their futures right now. 
  4. JOE THE BIDENHe wasn’t going anywhere in  his own right and as he approaches the end of his long political career, second banana isn’t the worst way to do it.
  5. JOHN McCAIN & SARAH PALIN -Like him or not, he ran hard for what he believes in, served the nation in many different ways and did so above and beyond the call of duty.  His campaign wasn’t very well run but that’s to be expected from a person who is less interested in politics than he is in getting good things done for the people.  As for Sarah Palin, she can either build upon her fifteen minutes of national fame and re-enter national politics in as few as 4 years or she can just continue holding statewide elected office in Alaska for as long she wants  Can you say Senator Palin?  Either way, her future is bright. 
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CONGRATULATIONS PRESIDENT-ELECT OBAMA AND AMERICA!

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Together, we must offer sincere congratulations to President-Elect Barack Obama.

When, in a few short months, he becomes our 44th President, we must also accord to him the respect and support that an American President deserves from the American people.

Unlike many liberal elitists who have stated their desire to move to another country because a liberal did not win the White House, I do not entertain thoughts of fleeing the land that I love because Senator Obama won this election. I do not lose faith in my nation because of the conclusion that our democratic process reaches. Contrarily, I take pride in my nation’s ability to once again, participate in a peaceful change of power.

On top of that, in this particular case, there is an even greater sense of pride that I feel because of my nation’s ability to overcome long standing, wrongly held, racial biases. Unfortunately Barack Obama’s victory does not mark an end to racism but it does signal our true ability to overcome it.

In that sense, this election was a remarkable confirmation of America’s promise and for this, I am proud.

Admittedly, I may not be pleased with President-Elect Obama’s meteoric rise to power but that is not now, nor has it ever been, based on his color. Although leftists have tried to describe opposition to the Obama candidacy as something rooted in racism, the truth is that my displeasure has been based upon the diverging directions of policies that we have. Those differences will continue to actively fuel my civic duty as a responsible citizen and oppose President-Elect Obama on those initiatives that I feel are mistakes and support him on those that I believe are right and beneficial.

Despite philosophical and policy differences, his actual initiatives are to be judged, individually, and on their individual merits. Yet, regardless of those differences, I proudly embrace President-elect Obama and his future presidency.

On the foreign front, as my President, Barack Obama might be tested, as Vice President-Elect Biden antobvic4mentioned. If that is so, any nation that might try to test him should know this……

Baracak Obama will be President of my nation and as such any threat against him is a threat against me. Neither President-Elect Obama or I take kindly to threats and neither do the rest of the Americans behind our soon to be President. So think carefully, very carefully, because although the face of the US presidency may have changed, the people haven’t. The American people are still the most generous, resourceful, feisty, vibrant, innovative people that you will come across and the materialization of any threat will encounter harsh and lasting consequences, sooner or later, by the American people on the ones responsible for those threats.

Domestically, despite differences on the issues , we must understand that President-Elect Obama is not the enemy and that his best interests are our best interests. The debate on taxes, energy education, immigration, and how best to defend and protect our nation may get rough but we need to recognize that the election is over and that we are one. As such we need to work as one. We should not need a 9/11 crisis to bring us together only in times of crisis. We should tackle all issues with the same unified vigilance that we have always employed during times of crisis. This does not mean we cannot disagree, it just means that we should allow the democratic process to resolve our differences the very same way that this election did, through vigorous debate of the issues and by arguing our approaches to the issues in the most convincing ways possible.

The election is over and no matter what, President-Elect Obama has won. He will be the President not of republicans or democrats, liberals or conservatives but of all of us who proudly call ourselves Americans.

The euphoria of victory for President-Elect Obama, will be short lived. Once the reality of the awesome responsibilities overtake the moment, euphoria will be replaced by burden. As with most Americans who have become President, I am sure that Barck Obama will rise to the occasion and to do so, he could use our good wishes and genuine support. It is the same type of support that one time President-Elect Bush could have used and it should not be denied to this President-Elect.

With that said, let the campaigning to determine who should lead us in the work that lies ahead come to a close and let the democratic process of governance begin.

Excelsior!

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What Is Politics?

A little boy goes to his dad and asks, “What is politics?”

Dad says, “Well son, let me try to explain it this way: I’m the breadwinner of the family, so let’s call me capitalism. Your Mom, she’s the administrator of the money, so we’ll call her the Government. We’re here to take care of your needs, so we’ll call you the people. The nanny, we’ll consider her the Working Class. And your baby brother, we’ll call him the Future. Now, think about that and see if that makes sense,”

So the little boy goes off to bed thinking about what dad had said.

Later that night, he hears his baby brother crying, so he gets up to check on him. He finds that the baby has severely soiled his diaper. So the little boy goes to his parents’ room and finds his mother sound asleep. Not wanting to wake her, he goes to the nanny’s room. Finding the door locked, he peeks in the keyhole and sees his father in bed with the nanny. He gives up and goes back to bed. The next morning, the little boy says to his father, “Dad, I think I understand the concept of politics now.”

The father says, “Good son, tell me in your own words what you think politics is all about.”

The little boy replies, “Well, while Capitalism is screwing the Working Class, the Government is sound asleep, the People are being ignored and the Future is in deep poo.”

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IS INTIMIDATION SHAPING THE ELECTION ?

antpantherj1ACORN offers cigarettes to register the homeless to vote multiple times. Identification is not needed to prove you are who you say you are when voting. New Yorkers register false addresses in Ohio to change that states results. Mickey Mouse is even registered to vote for Obama in Florida. Members of the National Football league are erroneously registered to vote in Nevada ……

These are just some examples of the fraud being used to put Barack Obama over the top in the 2008 and election. Examples like this are widespread. They have sparked countless federal and state investigations but now, during the final hours of our historic quadrennial election, intimidation kicks into high gear.

Confirmed reports have just been released detailing that two Black Panthers have been guarding entranceways into polling places in Philadelphia. One brandished a nightstick. When asked to remove himself from the property the Obama enforcer refused.

Philadelphia police had to escort the Black Panther away.

Random incident?antfists6

Nothing that occurs in the Obama campaign is random. Voter fraud is sponsored by the Obama/Biden campaign through coordinated activities with ACORN and so is their “Give Over Your Vote” effort.

Is there a racial component to all this? Well liberals will accuse the delivery of these facts to be racist propoganda. But when considering the facts in this case, critics of voter intimidation would say that a Black Panther guarding the entrance to a polling site has a racial component to it. The Obama enforcers refusing to leave while shouting “you can’t stop a black man from winning this election” just confirms it.

If Black Panthers with nightsticks are being used as poll workers, I can’t wait to see what type of people will be used to fill out the presidential cabinet of a Barack Obama administration.

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McCAIN DEFEATS OBAMA ?

antpaper1All indications are that by as early as 8:30 pm, on the east coast, we will be having to get accustomed to hearing the words “President-Elect Obama.”

The only question that seems to really remain is whether or not Obama will win by a landslide or not. It won’t make a difference how much he wins by, a win is a win, but having already baptized Barack Obama as the King of Kings, the media needs to create some kind of suspense.

Yet, despite the polls I have a feeling that polls are a bit off.

We know that all the polls have been recalibrated to make up for assumed higher democratic turnout as well as a higher than normal number of first time, younger and African-American voters. In trying to adjust their polling results for these anticipated factors, pollsters have intentionally polled more democrats than usual. That would of course account for more positive results for democrats than for republicans.

Given the current political atmosphere such tweaking of the polls probably does reflect the actual voter turnout and help to make the poll results more accurate. Probably, but not definitely. I have a feeling that many of theses polls, which already have a liberal bend to them, may have been bent toward the left much further than necessary .

If that is the case, it still does not mean that Obama is not favored in this election. He is, but I don’t think by quite as much as the polls would have us believe. I hope not anyway.

In fact “hope” is what I am really going on here. Hope and a sense that not quite everyone is convinced that Barack Obama is the great savior that liberals make him out to be. In fact I do believe that many people see Barack Obama as an unaccomplished blowhard who only has experience with running his mouth.

The hopeful sense of something not being right with the polls and that most people do not trust Obama, leads me to make a hail Mary pass and predict McCain to be the winner. This sense of hope is reached because I do not believe most people trust Obama’s experience and believe him to be sincere. I also think they do not appreciate his promise to spread the wealth through increasing the size and scope of government.

Additionally I believe that Obama has not closed the sale in these final days.

Given the undeniably negative atmosphere for republicans and the undeniable popularity of state and local democrat candidates further down the ballot, Obama should be ahead by a lot more than he actually is. Given the popularity of local democrats, Obama’s poll numbers are much lower than they should be.

So it is with more of a sixth sense than facts that leads me to predict that John McCain will win with 286 electoral votes to

This leap of faith gives McCain the most hotly contested states of Florida, Virginia, North Carolina and antlastmap6Pennsylvania. If he can actually win Pennsylvania and Virginia it would also indicate that other hotly contested battlegrounds states like Missouri and Nevada are also likely to trend towards McCain, so I also call them for him.

Is this likely? If you believe in some of the polls, no, its not. But I believe in miracles. I have made myself believe that even though McCain’s campaign sucked and never properly articulated our case, the right combination of people in the right number of states know that this election is less about personalities and more about ideologies. I believe that enough people know that the differences between Obama and McCain are wide. They understand that on the economy one moves to socialism and the other tries to strengthen our economy. That one wants to raise taxes and spread a small amount of wealth while the other wants to lower taxes and spread the opportunity to achieve greater wealth. I still believe that most Americans prefer the candidate who waves the American flag more than the candidate who wants America to wave the white flag of surrender.

If such sentiments do exist, maybe people are not voting as much for McCain or Obama as they are for the principles that they represent. If that is the case than I truly believe that most people support the American way over the old Soviet way. I believe most people believe more in John McCain’s way than Obama’s way.

All of this causes me to feel that we just might relive a “Dewey Defeats Truman-like episode in history.

ant-trudew7The problem with that thinking though, is that back in 1948 polls were only taken up till the week before the election. The data that the media was basing their projections on did not include the seven days leading up to the election. They did not capture the undecided voters who broke for Truman during the closing days of that election.

Today, polls are being taken and interpreted up to the very last minute. That makes up for the mistakes that were made when The Chicago Tribune erroneously declared that Tom Dewey beat President Harry Truman. But a boy can dream, can’t he? History does repeat itself, occasionally. So maybe, just maybe we can be experiencing a little déjà vu. Maybe the apparent tightening of the polls in these closing days are being undervalued and causing pollsters to underestimate the depth of support for John McCain’s candidacy.

My heart tells me McCain does it. Logic tells me that Obama will be President. But, like millions of Americans who are voting for Obama based on his appealing to their hearts more than their heads, on this one, I am going with my heart and believing that Senator John McCain will win and spare our nation from a costly education in socialism.

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Twas the Night Before Elections . . .

Twas the night before elections
And all through the town
Tempers were flaring
Emotions all up and down!

I, in my bathrobe
With a cat in my lap
Had cut off the TV
Tired of political crap.

When all of a sudden
There arose such a noise
I peered out of my window
Saw Obama and his boys

They had come for my wallet*
They wanted my pay*
To give to the others*
Who had not worked a day!*

He snatched up my money
And quick as a wink
Jumped back on his bandwagon
As I gagged from the stink

He then rallied his henchmen
Who were pulling his cart
I could tell they were out
To tear my country apart!

On Fannie, on Freddie,
On Biden and Ayers!
On Acorn, On Pelosi’
He screamed at the pairs!

They took off for his cause
And as he flew out of sight
I heard him laugh at the nation
Who wouldn’t stand up and fight!

So I leave you to think
On this one final note-
IF YOU DONT WANT SOCIALISM
GET OUT AND VOTE!!!!

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THE VICE PRESIDENTIAL DEBATE AND THE SARATIZATION OF STALE POLITICS

In 1968 the campaign of Hubert Humphrey was the first presidential election to use a television ad attacking the oppositions vice presidential nominee. It was used to make fun of Richard of Nixon’s selection of then Maryland Governor Spiro Agnew.

That election was won by Richard Nixon with 301 electoral votes to 191 electoral votes. Third party candidate, Governor George Wallace won 5 southern states and 46 electoral votes.

The ad on Agnew had little effect.

Today we face a much different electoral map, yet one thing that is not different is the use of Sarah Palin by the opposition in this election. Many private groups have taken it upon themselves to run ads, on behalf of Barack Obama, that focus on Palin.

Governor Palin will Saratize the stale political atmosphere

Governor Palin will Saratize the stale political atmosphere

The great attention on Palin came within days of the boost that her addition to the ticket brought to John McCain’s candidacy. A sort of fear overcame the liberal extremists within the Obama camp and outside of it. They were caught off guard by the selection. They were offended by the presentation of a strong, accomplished woman that was not Hillary Clinton or who married into power.

When she was first announced as McCain’s running mate, the Obamakins stated that her only experience is as a small town mayor. They skipped right over the fact that she is a sitting governor. They immediately wrote off her experience because “some” of it, was rooted in a small town and from their perspective small town America doesn’t matter.

Since than, the left has attacked her family, her education and her religion. They have lied about her decisions and actions and claimed that she banned books that were not even published at the time and that she supported secession from the Union when she simply spoke against secession before groups that did advance that cause.

In other words, the left went nuts. They did not know how to deal with her candidacy and they still don’t.

As the vice presidential debate approaches I am sure that they are still at wits end when it comes to coping with her presence on the stage. They have more lies ready to hit to the stands. They have more distortions that they are ready to perpetuate on the internet and over the airwaves. They have plenty of mud to throw but they have little constructive commentary to replace their mud with.

During the course of the debate, I am confident of one thing, Sarah Palin will be a breath of fresh air in an otherwise stale political environment. I am sure she will provide rational sectors of the electorate, with confidence in her abilities and beyond that she will instill a sense of confidence in her ability to bring about their desire for reform of business as usual, Washington, DC, politics.

You see, Sarah Palin does lack experience. She lacks the experience of Washington, DC and it’s go along to get along mentality. She lacks the experience of putting aside one priority for someone’s political favor. Palin lacks the experience of inaction and double talk. On the other hand she has the experience of standing up to the status quo, eliminating deadweight and defeating obstacles to progress. She has the experience of being able to make government work for the people, not against them.

The left can make all the false charges that they want but the truth of Governor Palin’s record cannot be changed. She has spent her time in public service tackling corruption and standing up to the powers that be, even when they were in her own party. She has developed economic policies that enrichened the pockets of Alaskans, not legislated money out of their pockets.

To the contrary, her debate opponent, Joe Biden, has never once opposed a tax increase, reduced the size of

Biden will use DC doubletalk to poluute the political atmosphere

Biden will use DC doubletalk to poluute the political atmosphere

government or stood up to his party and he is a longtime member of the liberal establishment. He is the type of Washington insider that gets hung up on politics and losses sight of positive progress. Biden is the politician who made the decision to hold a “trial” to determine whether, a decade earlier, Supreme Court nominee Clarence Thomas had committed the outrages of remarking to Anita Hill that dirt on a can of soda looked like pubic hair. Biden is the man who recently touted that the answer to Iraq’s problem was splitting the sovereign nation up into thirds based upon religious sects.

Just as was the case in the 1968 election, this election will not hinge on the vice presidential candidates or their debate and the left’s attacks on Palin will make even less difference. Most people vote for the President, not the Vice President but what people, especially undecided and independent voters, will walk away with is a sense of which ticket is more suited to change the way Washington works. Change in the sense of reform that will take effect from the top down.

I believe that Sarah Palin will Saratize the stale atmosphere of DC politics and that her common sense talk will prevail over Biden’s DC doubletalk.

And for those of you who want to claim that when it comes to the vice presidency, Sarah Palin does not have enough experience but when it comes to the Presidency, Barack Obama does……..I suggest you take a look at this:

 

 

 

Top 10 Signs Your Presidential Candidate is Under-Qualified

1.- Promises to improve foreign relations with Hawaii.

2.- Runs a series of attack ads against Martin Sheen’s character on “The West Wing”.

3.- His #1 choice to work on his cabinet is “That Bob Vila guy”.

4. – Outstanding record as Governor of Rhode Island nullified by the fact that no one cares.

5. – Got his degree in Political Economics by bribing Sally Struthers with a chocolate donut.

6. – Anybody mentions Washington, he asks, “The state or the DC thingie?”

7. – At the debates, answers every question with a snarled, “You wanna wrestle?”

8. – Vows to put an end to the war in Pokemon and free the Pikachu refugees once and for all 

9. – Says the Pledge of Allegiance as quickly as possible, then shouts, “I win!”

                10. -On the very first question of the debate, he attempts to use a lifeline.

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OBAMA and McCAIN NEED TO RESCUE ANY RESCUE PACKAGE

One will be President.  Both need to show us why they should be.

One will be President. Both need to show us why they should be.

Presidents must provide leadership that leads us away from crisis if they see it coming. If they didn’t see it coming, they must get us through it.

The current financial crisis that our nation is being warned of could have been avoided if we acted on some of the preventive measures that would have averted the recent need for a 700 billion dollar rescue package. Not avoiding it is something that I blame President Bush for. Note, I do not blame him for the problem but I do blame him and the administration for not seeing it coming. I blame him for not heading the advice of others who warned us about the mortgage lending practices which have inevitably threatened every other, major, area of the economy. People like John McCain who in 2005 proposed measures to correct our course and avoid the ice field.

Someone was asleep at the wheel on this one. It was akin to being on duty in the watchtower and still not seeing the iceberg that sunk the Titanic.

I will blame the President for allowing the issue to get to this point and requiring an historic, expensive hurried, solution to what should have been avoided, but I will not blame him for creating the problem that he did not acknowledge until it was too late.

Clinton's National Homeowners Strategt led to out national economic unraveling

Nat'l Homeoners Strategy led to crisis

This was a problem created, in part, by the Clinton era.

Under the Clinton administration mandates were created that forced FannieMae and FreddieMac to extend high risks loans to low income and minority applicants. Clinton‘s National Homeowners Strategy was a financial scheme that promoted insanely low down payments and coerced lenders into giving mortgage loans to first-time buyers with unstable financing and incomes. It was a way to increase homeownership. That is an admirable motive but as usual,the  liberal mentality, forced government to do that which it should not have done. Essentially, the Clinton era initiatives that forced government action on private sector interests led to the need for government to take over FannieMae and FreddieMac. This is not to say that private sector greed and bad business practices did not add to the wrong minded government policy, it did, but what happened here is that government solutions to one problem, created another . Now, ironically, the government which helped to create this problem is having to solve it.

There are many lessons that can be learned from this. Whether you refuse to learn those lessons is up to you but the lessons are there. The left , under Nancy Pelosi, want to point fingers at Republicans and blame the entire problem on their tendencies for deregulation. That could almost be plausible if it was true. Unfortunately for liberals, it is not true. Conservatives are not for no regulation. Conservatives are for less regulations. They are against government regulations such as the Clinton era housing initiatives which forced FannieMae and FreddieMac to enter into high risk loans that should never have had the opportunity to be defaulted on. Republicans are against the type of regulations that prevent reasonable growth of our economy that is based upon sound policy and business practices.

Such was the case in 2005 when John McCain sponsored the Federal Housing Enterprise Regulatory Reform Act which was specifically aimed at reeling in the higher than acceptable risk taking of FannieMae and FreddieMac. It was also designed to reign in many of the shady recording practices that both institutions were conducting.

The Federal Housing Enterprise Regulatory Reform Act of 2005 was, as it’s name indicates, a bill of regulatory reform, a bill that would have reformed the regulations which have added to the creation of the current economic crisis. The bill was ignored and denied by Democrats and the Democrat chairmen of the committees responsible for the bill. Congressman Barney frank and senator Chris Dodd did not act on this corrective initiative. Yet today, they join with Nancy Pelosi and Harry Reid in blaming Republicans.

Pelosi’s lack of ability to lead has been clear for many years. During the last two years, as Speaker of the House,her lack of leadership has been profound. It lacked the ability to get her own party in line and pass their own liberal initiatives. That is why this is one of history’s least productive congressional legislative
The most unaccomplished Speaker in history

The most unaccomplished Speaker in history

sessions.

Between President Bush sleeping at the economic wheel and the house Democrat leaders’s lack of ability to accomplish anything, we need a leader to step forward. For me that leadership should come from the next President. It should come from the individual who will be steering our economic ship with whatever the burden of the solution to this crisis is.

Barack Obama and John McCain are incumbent senators. They have a responsibility to live up to in those capacities and they should not use a political campaign as an excuse for avoiding that responsibility.

John McCain was right when last week he suspended normal campaign activity in a stated attempt to deal with the legislative package aimed at rescuing the economy. He was wrong to back away from this original position. In doing so we are back to square one and Nancy Pelosi’s lack of leadership along with that of President Bush and Committee Chairs Dodd and Barney still leaves us crying out for effective leadership.

John McCain is no Nostradamus, but on this issue he has been ahead of the curve and his instincts have been right, at least since 2005 when he proposed measures that would have not allowed things to spiral out of control and bring us to this point. McCain should continue with those instincts and apply them in his capacity as a sitting senator.

Why did he reject the solutions before it bacame a problem?

Why did he reject the solutions before it baecame a problem?

I understand that neither McCain or Obama sit on the House Financial Services Committee or the Senate Banking, Housing & Urban Affairs Committee, which are the primary committees handling the bailout package. However, their involvement on the issue,along, with their colleagues can interject some much needed initiatives and direction into those committees. To believe that since they are not on the committee, they have nothing to do with it or no ability to influence it is absurd.

If either of these two men have the capacity to lead us that their individual campaigns would have us believe than now is their chance to show it.

Too late now to save the process he helped to sink

Too late now to save the process he helped to sink

Now is the time for them to demonstrate their purported abilities to solve problems and unite people together to properly address our national concerns. If either of these men have the answers to our problems, than now is the time to provide those answers. If the economic dangers we are witnessing are truly a crisis, now is the time to answer their calls to duty.

Get off their high horses and get behind their legislative desks of responsibility. Do not politicize the crisis in stump speeches before adoring supporters in Ohio, Pennsylvania or Colorado.  Go to Washington, D.C. and rally the legislative geniuses of Capital Hill together behind appropriate, legitimate legislation that will address the crisis.

I want McCain and Obama to present their rescue packages. A package of legislative measures that:

A. – Produces an acceptable level of fluidity in the credit markets
B. – Prevent the abusive practice of an overextension of risky loans.
C. – Tightens the recording practices of all federal monetary institutions.
D. – Eliminates the Clinton era National Homeownership Strategy policies
E. – Levees a payback with interest on any and all monies invested in bailout packages
F. – Eliminate golden parachutes for executive officers responsible for insolvency

Obama and McCain may not sit on the committees charged with hammering out such a package but they are

Talk is cheap. Action is essential.

Talk is cheap. Action is essential.

charged with the responsibility to create a package that the proper committees must address. Through their leadership they can create a plan that is good enough to garner support and strong enough to rally behind. If they cannot do this than they have no right to comment on the process and use it to advance their candidacies for President.

I want them to demonstrate through deed, not word, how good their abilities are to resolve problems and deal with crisis.

If either McCain or Obama want to demonstrate that they have the ability to accomplish things as President, now is the chance to show it, not just talk about it. The cry for leadership in this crisis is loud and clear and if Obama and/or McCain refuse to answer those cries, than neither one should be asking for the chance to lead our nation for the next four years to come.

Last Wednesday, when McCain embraced the issue and suspended his campaign, he was on track. It was the right thing to do. Since than he has strayed off this track and now we still do not have a rescue package in place. Now, more than ever he needs to get back on track, suspend his campaign and take the lead on the issue. Develop a plan that can win the day and help propel him to the White House.

A campaign is a great forum for ideas to be expressed but a time of crisis is a great forum for leadership to be practiced. McCain and Obama need to practice it now.

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A Guide to U.S. Newspapers 

 

1. The Wall Street Journal is read by the people who run the country.
2. The New York Times is read by people who think they run the country.
3. The Washington Post is read by people who think they should run the country.

4. USA Today is read by people who think they ought to run the country but don’t really understand the Washington Post. They do, however like the smog statistics shown in pie charts.

5. The Los Angeles Times is read by people who wouldn’t mind running the country, if they could spare the time, and if they didn’t have to leave L.A. to do it.

6. The Boston Globe is read by people whose parents used to run the country.

7. The New York Daily News is read by people who aren’t too sure who’s running the country, and don’t really care as long as they can get a seat on the train.

8. The New York Post is read by people who don’t care who’s running the country either, as long as they do something really scandalous, preferably while intoxicated.

9. The San Francisco Chronicle is read by people who aren’t sure there is a country, or that anyone is running it; but whoever it is, they oppose all that they stand for. There are occasional exceptions if the leaders are handicapped minority, feministic atheist dwarfs, who also happen to be illegal aliens from ANY country or galaxy as long as they are democrats.

10. The Miami Herald is read by people who are running another country, but need the baseball scores.

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BE REAL ABOUT THE ECONOMY, STUPID!

The Economy Is Sound Enough To Endure Bursting Bubbles
The Economy Is Sound Enough To Endure Bursting Bubbles

  

 

 

 

 

 

 

 

 

 

As the race for President heats up, issues are sometimes being discussed. At late, the topic of discussion seems to be the economy. As the economy has hit a bump due to the bursting of the bubble in the housing market, several financial institutions have gone or are on the verge of going bankrupt. As result the government is stepping in, in an attempt to head off the ripple effect that these collapses may cause.

It should be noted that the house flipping craze which caused many wide eyed risk takers to enter into over the past 5 years, have found out that they bit off more than could chew. The mortgages taken out on houses that they never intended to live in have come due and they could no longer afford the gambles that they made. The problem is that the housing market turned and after these house flippers invested tons of money into these homes in order to increase there values and sell them for a whopping profit, they find themselves without enough money to pay the mortgages that they used to buy the property in the first place.

Were it not for these risk takers willingness to overextend themselves the lending markets would not have overextended themselves. But because they have the chickens are coming home to roost and as result many innocent people who did not make such gambles are at risk. The lack of return to lenders from bankrupt gamblers have forced lenders to tighten up and the market has shrunk.

Now I do not presume to have the answers, I am not Alan Greenspan and I offer to you that Alan Greenspan did not have the answers either but I will say this, the American people did not enter into the risks that the house flipping, get rich quick, entrepreneurs did and although we are all suffering because of them, we should not be forced to bail them out.

If Joe Blow goes to the Kentucky Derby and places life savings on BushWonFloriduh to win and subsequently loses because Clinton-Lied came in first, should the federal reserve be forced to come in and subsidize Joe Blow?

Now of course the intricacies of the economy go beyond that analogy and there is a need for the government to step in and enact necessary measures that prevent the nation from entering into an economic unraveling due to a collapse that could lead to higher unemployment and a further shrinking of the economy and they are doing so. But this leads us back to this campaign for President.

Barack “America” and John McCain are now tussling over the economy. Obama blames Republicans, the current administration and John McCain for the closing of Lehman Bros., the takeover of FannieMae and Mac and the pending circumstances surrounding A.I.G… He wants more regulation. Given the circumstances I can say that I agree. And so does John McCain who unlike Barack Obama, called for regulations that would leave the national economy at less risk than it has been. The difference is the extent to which that the regulation goes.

I believe Obama’s liberal drive for control will lead to overregulation, which without his realizing or understanding, would lead to an eventual shrinking of the economy, just as it has done in the past when liberal overregulation killed certain market sectors and destroyed economic growth.

On top of this Barack Obama leads his charge by going on a political rant that accuses John McCain of being out of touch. He makes this accusation based on the fact that McCain believes our economy is sound.

Well I have news for Barack, McCain is right. Despite the collapse of a financial institution that overextended itself and a sector of the housing market that saw it’s over inflated market bubble burst , in September, the economy posted a strong gain of 3.3 percent at an annual rate in the second quarter. This was led by growth in consumer spending, exports, and the recent stimulus package. According to the Bureau of Labor Statistics the level of growth demonstrated the “resilience of the economy in the face of high energy prices, a weak housing market, and difficulties in the financial markets“.

On top of that, orders for durable goods have been rising in recent months and productivity growth over the past four quarters has been strong at 3.4 percent – above the averages for each of the past three decades over the course of the Administration.

What this amounts to is the fact that despite recent troubles in certain sectors, the American economy is sound. Sound enough to not fall apart due to crisis in anyone sector.

Unlike the house flippers who helped to bring on the problems that we are seeing unfold, the American economy and it’s people do not put all our eggs in one basket.

According to James Sherk, an analyst and expert in labor economics, macroeconomics, fiscal policy, and economic growth, politicians like Obama, in the case of the economy, “should not get away with spinning gold into straw to score political points. While the economy is not doing as well as it did at the height of the tech bubble, it is still growing strongly”.

In other words the economy is “sound” and over exaggerated claims that the sky is falling should not be made by a politician who has yet to demonstrate that he has the judgment to do what is right.

John McCain warned of the need to regulate against the type of activity that led to the headlines we are reading today, Barack Obama did not. Yet Obama comes before us to say that he can solve the problem and he does so by overreaching and offering the type of regulation that would take the word “free” out of “free markets”. What John McCain has offered are measures that would prevent the type of overextension that is causing the federal government to now step in and share in the burden of.

What John McCain is doing is telling the truth. He is not trying to create a national downturn in the economy so that he can come off as the messianic savior that Barack “America” makes himself out to be. John McCain is not trying to make things seem worse so that he can get elected. He is the telling the truth when he says “the American economy is sound”. Were it not, we would not be able to endure the headlines that we read today.

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