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Miscellaneous

Final 2008 Presidential Debate Notes

October 15, 2008 by Daniel

McCain hammers Obama on what he talked about to Joe the plumber.
Obama falls back to talking points about his “95% tax cut”. He tries to spin what he said to Joe the plumber.
McCain discusses Obama’s plan about spreading the wealth.
Obama falls back on “95% tax cut”. Says that the rich can afford to pay a little more in taxes.
McCain wants to cut taxes to encourage businesses.

Obama says that he would make “adjustments” to the bailout bill. (Why didn’t he press for changes when it was debated before it was passed?) Wants to cut programs, but invest more in others.
McCain wants energy independence that would also create jobs. Govn’t spending has gotten out of control. Discusses and lists some programs that would get cut, and discusses how he would fight for line item veto and earmarks.
Obama wants to work on earmarks now too.
McCain says he can fix the budget. Tells Obama that if he wanted to run against Bush, then he should have run for office four years ago. Talks about what Obama voted for that himself voted against. McCain lays it out against Obama about the differences with Bush.
Obama talks about things he supports. Tries to go back to Bush.
McCain talks about some things he voted for.

McCain hammers Obama about how he wanted to do town hall meetings and Obama said anytime and anywhere but never did. Talks about how Obama doesn’t repudiate any remarks made about McCain/Palin. Talks about how Obama wanted certain campaign funds if McCain would but didn’t do what he said.
Obama tries to say that 100% of McCain’s ads have been negative. Talks about how we should only talk about what is pressing right now, and then says that he wants to talk about a long list of things in the next three weeks.
McCain talks about Obama’s attack ads and how much he spends on ads.
Obama talks about comments made at Palin rallies. Talks about how cynical the people are.
McCain says that we need to know about Ayers, ACORN.
Obama runs around the issue trying to talk about Ayers. Talks about ACORN trying to say that he has had nothing to do with them. Tries to talk about who advises him.
McCain still hammering Obama about Ayers and ACORN.

Obama talks about Biden saying how good he is and how hard he has worked his whole life.
McCain talks about Palin and how she is a reformer who will help clean out the good ‘ol boys in Washington.
Obama doesn’t answer whether she is ready to take over the presidency.
McCain says he thinks Biden would be capable but talks about their differences. Hammers Obama about how much he would spend.

McCain says can eliminate dependancy from Middle Eastern and Venezuala oil in first term. Talks about energy independence.
Obama thinks he can do it in ten years. Falls back on talking points. Says is for free trade.
McCain talks about how Obama talks about looking at drilling but doesn’t say he would drill. Talks about how free trade with Columbia is a no brainer and that they are trying to help us.
Obama stutters his way through how we should stand up to other countries. Talks about auto industry and thier tough times. Talks about how govn’t should help auto industry.

Obama gives talking points about health care. Says health care will cost on the front end.
McCain lays out points that he would do to help prevent high costs. Still wants to know what the fine is for not having health care under Obama plan.
Obama says fine is 0 with small businesses and will give tax credits but doesn’t talk about big businesses.
McCain hammers Obama’s plan. Talks about how he wants the people to have the power and choice in picking their health care plan, not the govn’t.

McCain thinks Roe v. Wade was a bad call and should be left to the states. Pick judges based on their qualifications and not their ideologies.
Obama says that Roe v. Wade was a good call. Says abortion is something that is okay and should be a private issue.
McCain talks about how Obama voted about abortion issues.
Obama tries to back pedal.

Obama thinks our education system is behind all other coutries because of economy. Says we should spend more on education. (But we spend more than any other country already!) Give students a tuition credit, if you volunteer for peace corps, etc.
McCain says that throwing money at eduacation isn’t working, but there must be improvements.
Obama thinks the govn’t should step in and help. Then says that he agrees with McCain on some points.
McCain talks about voucher program and how it puts control in the hand of the parents.

Filed Under: Miscellaneous

Time to Get to Work

October 14, 2008 by Daniel

There is a time to get to work, and that time is now. With so much corruption surrounding one party in this election, and one who just won’t do what is asked of him by the people, there is a great need to do this work.

What is this work that needs to be done? Find the common sense conservative. Who or what is that?

NO TIES! This means that whomever it is, they need not have any ties at all. Absolutely no friends with special interest groups that will do anything for their views to be. The only tie permitted would be THE PEOPLE. Someone tied closely with the cause of the people.

VALUES! This means that they are strong with their values, and that their values are intertwined with those of THE PEOPLE. They would hold traditional values equal to or exceeding that of the founding fathers of this great nation.

FISCALLY RESPONSIBLE! This means that the nation would be a model to the people. For the people to know that the nation is not working to get out of debt, but working to contain financial security.

BORDERS! This means that they would understand the responsibility of our borders. Knowing the breaching of our borders has too many impacts on THE PEOPLE. The effects being but not limited to: the education level in the schools, the medical burden of the illnesses, and making sure that jobs are for the Americans here and not sold to the lowest bidding illegal border jumper.

CULTURE! This means that they would understand the American Dream and what it really is. That Dream being that no matter how hard you work, how much courage you have, and without limits on social classes, one can get a better way of life. That it takes the work of THE PEOPLE and not with or by the government.

LANGUAGE! This means that they would understand that the language of this nation is ENGLISH. That other languages may be used to communicate, but that the English language must be needed in the order to conduct all official business at ALL levels, whether on the street or in the rooms of the courts and halls of the government.

NATIONAL SECURITY! This means that they would understand the need and importance of the security of this nation. That the security of THE PEOPLE and what they are, come at any cost. That there is NO limit to cost for American Freedom, and the security of the nation.

FOREIGN POLICY! This means that they would understand the importance of relating to foreign nations as they relate to America and what it stands for.

TAXES! This means that they understand the importance and meaning of taxes. That they should be fair, and not used to redistribute wealth.

Now, it is important to note that this in no way is a total list. There are more issues that many Americans deem important, however, this list contains some of the most pressing that common sense conservatives hold close to them.

A common sense conservative know that words do have meaning.

A common sense conservative is what is needed for America, and THE PEOPLE.

Now; it’s time to get to work!

Filed Under: Miscellaneous

What is Wrong Here?

October 13, 2008 by Daniel


Today, House Speaker Nancy Pelosi is out trying to push another stimulus package. What does this mean? Is this the next “fix-all” step?

First, it is important to remember what happened earlier this year. The Economic Stimulus Act of 2008. This was enacted on February 13 and had a projected cost at over $150 billion. More importantly was their rationale for this act. They touted this Act as something that would stimulate businesses and consumers to spend. They were in the hopes that it would boost consumer spending and that targeted tax incentives would boost business spending.

This piece of legislation was presented to the American people as a way that would add confidence to the markets, and take a lot of the fear away.

Second, it is important not to forget what happened most recently. Most are saying that the Emergency Economic Stabilization Act of 2008 is the largest movement towards a socialist state that this country has ever seen. Enacted on October 3, and with an estimated cost hovering at the heights of $850 billion and beyond, it was pressed to stabilize the economy and to improve liquidity for investor confidence.

What type of confidence did it invest? NONE. The DOW has made record drops, leaving many to wonder and speculate to the point that many of those same people pulled their money out of the market.

So, what was next? The G7 met over the weekend, and together agreed that action was to be taken and to be acted on quickly. Their quick actions led the investment markets to make incredible gains. Today, the DOW gained 936.42 pts. to close at 9387.61. The biggest single gain in history.

Which brings us back to what Nancy Pelosi brought up today, and that being yet another “stimulus package.” Where does she think this money would come from? Our national debt is SO large, it now does not fit on the debt calculator in NYC. With the government already having spent more than $1 trillion ($1,000,000,000,000) this year, what would lead anyone to think that any more would fix it? That is pure INSANITY! Insanity is doing the same thing over and over again and expecting different results.

How many times will they try a stimulus package or any other type of emergency economic act? When will they realize that what they are doing is insane? According to House Speaker Nancy Pelosi, maybe just one more time.

Filed Under: Miscellaneous

Did Washington Act Too Soon?

October 12, 2008 by Daniel

More than two weeks ago, politicians began talk about a bailout plan. While they were in their respected offices, the voice of the people was loud and clear about not wanting the bill passed. However, Washington did not agree and further pushed it along with the end result of having it pass within just a week of the very first draft.

Well, the people were still in opposition of the bailout plan and with due respect. As they watched gas prices drop, they also watched the markets drop in record time. With growing frustration, and little to no retirement left in their IRA or 401k accounts, many wondered what or who was next.

Time has now shown this weekend, that this was not limited to only here in America. It has also shown that the initial $700b+ wasn’t enough. Those voices on the street with enough common sense, knew that this was a global problem. This because of the ever increasing global economy.

With most markets trading lower and lower than ever, it put a strain on many governments to act with haste. This weekend, the G7 met to discuss what measures would need to be taken by the respective countries in order to stabilize the trading markets. So, what was discussed? More importantly, what was agreed on?

Here is the G7 Plan of Action:

The G7 agrees today that the current situation calls for urgent and exceptional action. We commit to continue working together to stabilize financial markets and restore the flow of credit, to support global economic growth. We agree to:

1) Take decisive action and use all available tools to support systemically important financial institutions and prevent their failure.

2) Take all necessary steps to unfreeze credit and money markets and ensure that banks and other financial institutions have broad access to liquidity and funding.

3) Ensure that our banks and other major financial intermediaries, as needed, can raise capital from public as well as private sources, in sufficient amounts to re-establish confidence and permit them to continue lending to households and businesses.

4) Ensure that our respective national deposit insurance and guarantee programs are robust and consistent so that our retail depositors will continue to have confidence in the safety of their deposits.

5) Take action, where appropriate, to restart the secondary markets for mortgages and other securitized assets. Accurate valuation and transparent disclosure of assets and consistent implementation of high quality accounting standards are necessary.

The actions should be taken in ways that protect taxpayers and avoid potentially damaging effects on other countries. We will use macroeconomic policy tools as necessary and appropriate. We strongly support the IMF’s critical role in assisting countries affected by this turmoil. We will accelerate full implementation of the Financial Stability Forum recommendations and we are committed to the pressing need for reform of the financial system. We will strengthen further our cooperation and work with others to accomplish this plan.

With this plan in action, it causes many to ponder whether Washington acted too soon. Certainly, it makes more sense to take a step back when trying to enact such a broad bill, and meet with these countries to come up with a global plan. Global economics is not limited to only Americans, but is open to all.

Many in Washington seem to be left scratching their heads at how they couldn’t have come up with this plan. Many people are left wondering why Washington tried to act so fast versus taking their time and coming up with such a plan.

Filed Under: Miscellaneous

General Motors Merger Talks?

October 11, 2008 by Daniel

Right now, General Motors is in possible merger talks with Chrysler after first approaching Ford. Ford dismissed the idea of a merger, but Chrysler seems to be somewhat interested. This is not to say that all of this talk is nothing more than just that, all talk. But, with all three of the US auto manufacturers hurting for sales, one must wonder.

GM’s problem, and possibly the whole reason they are searching for a partner, is GMAC. What is GMAC? GMAC Financial Services is a diversified, global financial services company that operates in approximately 40 countries in automotive finance, real estate finance, insurance and commercial finance businesses. With so many financial service companies in turmoil, it is no wonder that these talks could ultimately lead to a merger.

So, who could be leading these talks? Cerberus Capital Management, L.P. Who is that? They invest primarily in companies which are near bankruptcy. Cerberus owns around 80% of Chrysler, and 51% of GMAC when GM sold it to them on November 30, 2006. Owning the majority of both GM and Chrysler, it only makes sense that they would want to merge the two to maintain their investment return opportunity.

While all of this is still just talk, it certainly looms in the back of millions of those minds who are employed by either of these two auto giants. These employees need to be reassured, and only for one simple fact. The CEO’s are acting in the best interest of the employees and the companies, and NOT letting the government step in and socialize the auto industry.

Filed Under: Miscellaneous

Henry Paulson: Timeline for Fraud

October 9, 2008 by Daniel

Henry Paulson, the Secretary of Treasury, could go down in history as the biggest fraud this nation has ever witnessed. Many would argue that he has and is robbing BILLIONS of money from not only Americans, but all accross the world. Millions and millions of people are seeing thier money disapear at an alarming rate.

So, here is a little of the history of Paulson and his scam.

Prior to May 2006: Employed as the CEO of Goldman Sachs.

May 2006: Left GS to serve as US Treasury Secretary.

Spring 2007: Told an audience at the Shanghai Futures that “An open, competitive, and liberalized financial market can effectively llocate scarce resources in a manner that promotes stability and prosperity far better than governmental intervention.”

August 2007: Explained that US subprime mortgage fallout remained largely contained due to the strongest global economy in decades.

July 20, 2008: After the failure of one bank, he reassured the public by saying, “it’s a safe banking system, a sound banking system. Our regulators are on top of it. This is a very manageable situation.”

August 10, 2008: Told NBC’s Meet the Press that he had no plans to inject any capital into Fannie Mae or Freddie Mac.
September 7, 2008: Fannie Mae and Freddie Mac went into conservatorship.

September 21, 2008: GS received Federal Reserve approval to transition from an investment bank to a bank holding company.

October 3, 2008: US Government passes “Bailout Bill”

Now it’s time to ask a few questions!

What is next?
What is the REAL plan?
What is the REAL motive behind Henry Paulson?

If anything should be added to this timeline for fraud, please feel free to comment.
http://en.wikipedia.org/wiki/Henry_Paulson
http://en.wikipedia.org/wiki/Goldman_Sachs

Filed Under: Miscellaneous

Town Hall Presidential Debate

October 8, 2008 by Daniel

In case you missed the debate.

Filed Under: Miscellaneous

Town Hall Presidential Debate Notes

October 7, 2008 by Daniel

Who would appoint to Sec. of Treasury?
M – Warren Buffet, Meg Whittman(sp), someone who inspires trust and confidence
O – Warren Buffet, someone who helps the middle-class, McCain is right

What in the bailout will help the people?
M – attacks Obama and his “cronies” for lending and getting contributions from Fannie and Freddie
O – says that credit markets are frozen, problem was deregulation, says he tried to re-regulate over the last two years, THIS IS THE BEGINNING OF THE PROCESS AND NOT THE END

Will it get worse?
O – says that we need to coordinate with other countries
M – the workers are the best and effective

How can we trust either when both parties got us here?
O – Washington is different from the way things are done in the home, talks about the increase of the debt, SPEND MORE MONEY ON THINGS, make spending cuts
M – has worked on reform against things like this, look at records and not the rhetoric, Obama proposes $800b in more spending, look at the records

What are highest priorities?
M – all can be worked on at the same time, build nuclear plants and create more jobs
O – energy first, health care second, education third

What sacrifices will you ask of Americans?
M – eliminate all that isn’t working, ELIMINATE EARMARKS, cut key spending, establish priorities
O – (talks about Bush right after 9-11) save energy, CALL TO SERVICE

Wall street got drunk, how break bad habits?
O – show that Washington has good habits, share the burden
M – Obama wants to raise taxes, compares Obama to H. Hoover, Obama will raise taxes on small companies, attacks Obama on saying he wouldn’t raise taxes if economy is bad, offers tax credits

Social Security, Medicare – date to reform?
O – take on entitlements, can’t work on it in two years but wants to work on it in first term, tries to explain his tax proposal
M – says it isn’t hard to fix it because it has been done before, TOO much special interests, Obama voted 94 times to increase taxes or against tax breaks, RECORDS OR RHETORIC

What would you do in first two years to move fast?
M – energy and economy
O – energy and economy but would have to SPEND and INVEST, agrees with McCain

Should we fund a group on nuclear energy or invest in the garages of the people?
M – attacks Obama on voting, attacks

Health care coverage?
O – it is breaking household budgets, socialize it
M – offer a tax credit across state lines, give the choice to the people

Health care a right or responsibility?
M – both, attacks Obama
O – tries to answer attack from McCain, MANDATE CHILD HEALTH CARE

How will economic stress effect foreign relations?
M – we are the greatest and will continue to be that way, attacks Obama
O – tries to answer attack but shifts to Bush and Iraq, talks about how much being spent in Iraq, agrees with McCain that we are the greatest

Use of combat services if not national security?
O – we have a moral obligation, can’t be everywhere at once, INCREASE INTERNATIONAL COMMUNITY
M – attacks Obama on withdrawl plan, we are the greatest force for good, must be able to beneficially effect situation

Pakistan or Al-Queda in Afghanistan?
O – move from Iraq to Afghanistan and change ways with Pakistan
M – says Obama wants to announce military attacks, speak softly and responsibly
O – if Pakistan won’t help then we’ll do it, agrees with McCain
M – would not telegraph his attack

How would you reorganize effort with Afghanistan?
O – Afghanistan wants our help
M – build up Afghan army, work with Pakistani government

Russia?
M – talks about Putin, work with Russia using international efforts, take time
O – give financial help to countries around Russia like Georgia, work with Russia using international efforts, take time

Is Russia evil empire under Putin?
O – does not really answer but leans more toward yes answer
M – maybe but does not want to answer

Iran attacks Israel, send troop support for Israel without okay from UN?
M – yes, keep eye on Iran and nuclear weapons, attacks Obama on sitting down without pre-conditions, but would also need to use allies with Iran, cannot allow a second holocaust
O – cannot allow Iran nuclear weapons, Israel one of strongest allies, do everything to prevent it diplomatically, one-on-one talks with enemy

What don’t you know and how will you learn it?
O – the challenges of the presidency
M – what will happen here and abroad

Filed Under: Miscellaneous

America’s Change in Democracy

October 5, 2008 by Daniel

America could now be described as a totalitarian democracy. That isn’t a term many people are familiar with. It may be important to start with defining the term: totalitarianism.

Totalitarianism can be defined as: The principle of absolute control and unrestricted domination by a government. Using this definition, one can easily understand what a totalitarian democracy is. It is a system of government which elected representatives are to maintain the integrity of a nation whose citizens, while granted the right to vote, have little or no participation in the decision-making process. It is also noted that it is said to control the lives of its people, using a dual rationale of “public good” and majority rule. This rationale is usually interpreted by the economic and political elite to suit their own interests.

One might also argue that totalitarian regimes or movements maintain themselves in political power by means of an official all-embracing ideology and propaganda disseminated through the state-controlled mass media, central state-controlled economy, and widespread use of terror tactics.

So, what does this have to with the recent government bailout?

Or should one ask, “Did your elected official vote the way you wanted them to?”

Taking a look at the percentage of people who were opposed to any form of a bailout, one would be hard pressed to answer the previous question with a resounding, “Yes.” So lets take a little deeper look into the idea of labeling America a totalitarian democracy.

The government presented this bailout, not as a bailout but a buy-in. And that is exactly what it was for every tax paying citizen, a buy-in. The citizens were forced to buy into the failing institutions with the “idea” that it would “stabilize the market” and allow banks to freely lend money again. But, isn’t that what originally got these companies into a free fall in the first place? Were they not told by the government, in the ’90’s under the Clinton administration, to open up and more leniently loan money to those that could not honestly afford it? Is that the only place to focus our blame, on the failed presidencies of then and now?

Under the direction of the government, saying that everyone should be able to live the American dream of owning a house, the lending companies freely lent out money to those who knowing could not afford it. These individuals were not asked to prove what they could afford, but simply said they were living the American dream. That is not all. One need also look to the Federal Reserve for consistently dropping the interest rate to attract those looking for home-ownership.

What about the people? Do they not take some blame? Most certainly does the blame fall on them. The government did not force them to sign the papers. The lending companies did not force them to sign either. The individual made the choice to knowingly get themselves into trouble and sign papers for what they could not afford. However, many if not all these people pointing fingers at the lending banks for offering a detrimental Adjustable Rate Mortgage(ARM).

The first clue to this “economic crisis”, was offering something that was adjustable. Because, in the end, it will adjust itself to make up for what it lost at the start of the loan. But that isn’t all.

People began to quickly loose their homes and the lending companies began to panic, as well did the government. The economy began to slow, almost to a halt, and speedily the government stepped in and offered a proposal to the people that they would be sending out a “stimulus check.” The government tried to sell this idea to the people saying that it will put money into their hands to freely spend. However, like always, the government was a ways past being late. The people were already past due on their mortgages, overdrawn on their bank accounts, and in an abundance of credit card debt. The government wanted people to go out and spend this money on frivolous things, but the people knew better. They spent it catching up so as not to loose their homes or even their cars.

This is when Americas shift to a totalitarian democracy became very prominent. Without any regard to the opinion of the people, the elected officials went against what the people wished. The people knew that this was too good to be true, and that it would cost them even more because they, the people, would be paying for it with their taxes. Months went by, and the economy was still in turmoil. The little trust the people had in their government, would soon cease to exist when their elected officials went against their wishes and voted yes to the bailout bill.

This $700 billion bailout of the banks, and the takeover of Fannie Mae and Freddie Mac is arguably the largest communistic socialist movement that America has ever witnessed. With referral to The Communist Manifesto, the movement in question is the centralization of credit in the banks of the state, by means of a national bank with state capital and an exclusive monopoly. With the bailing out of these industries, and amounting the socializing of their loses to the American people through the government, one is forced to take a hard look at the previous statement. Even more alarming, is what Cleon Skousen, in The Naked Communist, raised on the floor of the House on January 10, 1963 saying that the goals of the Communist Party included, but not limited to infiltrate and gain control of big business. Another goal was to infiltrate the press and get control of editorial writing, and policy-making positions.

Does any of this sound familiar?

Our big businesses have, and are being controlled by the government.
The “free” press and their editorial writing is controlled by scare tactics against the people.
A centralized state of credit by means of a nationally backed bank.

So, take a look at what totalitarianism is again. Did your voice matter in this recent government interaction? Where you properly represented by your elected officials? Are those elected officials suiting their interests or yours? Is the media using scare tactics to change the way you think? Is the integrity of this great nation still in tact? Is this the start of a new America?

Remember the Declaration of Independence:

We hold the truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.–That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed,–That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety an Happiness.

Filed Under: Miscellaneous

House approves Bailout Bill

October 3, 2008 by Daniel

How did your Representatives vote today on the bailout bill?

http://clerk.house.gov/evs/2008/roll681.xml

Did they vote the way you wanted them to?

Are you happy with the way they voted?

What do you want to see happen now?

Filed Under: Miscellaneous

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