Posts

McCain finally slams Obama on Freddie Mac, Fannie Mae

When you see this post, immediately send it to everyone in your e-mail list. I’m not a big McCain fan, but certainly you’re going to find me voting for the most conservative of the bunch – who is able to win – in four weeks.

Today in New Mexico, McCain brought up the fact that the GSEs failure is the root cause of the current economic situation. Some say he took the gloves off… finally.

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Your local bank is in fine shape, thank you

Earlier today, Chris Dodd – senator from Connecticut and Senate Banking Committee chairman – stopped by the Sheraton Hotel at Bradley Airport to meet with Connecticut business and labor leaders. He hoped the market would react positively to the federal government taking over a good chunk of the U.S. housing market.

As of noon ET, it’s not working out too well. But something mentioned at the bottom of an AP article in the Hartford Courant should be highlighted.

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Bailout legislation impossible to read

I don’t have a law degree. I don’t have 12 hours to read the full text of the bailout bill that the Senate is debating right now. The average person should be able to read this crap – or at least use the Ctrl+f key to do a keyword search in the damn thing.

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Questions about the bailout? Look no further

I can’t even comprehend how many people have given up trying to figure out what is going on with the economy. What the common folk have decided is simply “government knows best” – and they seem to be willing to put their lives and fortunes into the hands of the political elites.

We can argue whether or not this government bailout will or will not work, but one thing is for certain. It will continue to empower people to buy houses, cars and other crap that they can not afford.

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Populism is alive and well – the economy and the Constitution

Let’s discuss the conservative viewpoint of the populist nightmare. Listen to any stump speech by your local, state and national politicians who are running for office and count the number of times he or she makes a promise to deliver something of value to you.

What should be the role of the federal government – or any government agency – be when it comes to ‘driving’ the economy? The preamble of the Constitution tasks government with promoting the general welfare, not providing the general welfare. Pull out a dictionary and look up the difference.

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Fox News slams Democrats on FM/FM – two days in a row

On Tuesday, I provided links to Jim Angle’s report with solid information and reporting on the Democrat congressional involvement – almost exclusively – on creating the current financial issues.

Last night, Bret Baier from Fox News took stock of specific non-action by the Senate Banking Committee. Quite a few “see, I told you so” moments. Barney Frank is an idiot. Will he claim that he was deceived by Fannie Mae and Freddie Mac when someone finally asks him about his statements?

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Pelosi displays she is not a leader

Talk about throwing a hissy fit and showing zero leadership. According to Nancy Pelosi (D-Calif.), none of the current financial problems are the fault of Democrats. None. Is she kidding me? This is like the coach of the team loosing a game and saying that the offensive coaching staff had nothing to do with the loss – putting all of the blame on the defense.

Wah, wah, wah. … Take your damn game ball and go home Pelosi.

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