Lindy’s Blog: Where Mom is Always Right

October 7, 2008

We want some accountability, please.

Is that so much to ask?  This is where political correctness has gotten us. 

Read this editorial.  http://www.ibdeditorials.com/IBDArticles.aspx?id=308185654524278  Barney Frank’s Bankrupt Ideas 

This is INSANE.  What is the definition of insanity?  Doing the same thing over and over again while expecting different results.  By that definition,  Barack Obama and Barney Frank are lunatics.

An anonymous learned individual had this to say regarding this editorial on the housing crisis:

“Please read this essay (above) on the housing and world financial crisis, noting the following facts:
 
‘Those paying their mortgages on time don’t get that break.
 
Rep. Elijah Cummings said Obama told him that, if elected president, he would direct a Treasury Department official to work with homeowners in foreclosure to restructure their loans. Cummings said Obama also told him he’d seek changes in bankruptcy laws allowing judges to reduce what borrowers owe on their home loans.
 
Section 110 of the rescue legislation has the Orwellian title of “Assistance to Homeowners” — but only for the deadbeats.’
 
Think what that would do to the value of mortgage-backed securities.  Your pension fund or insurance company holds these securities.  If a judge in Arlington, Nebraska, could arbitrarily reduce the interest rate that the mortgagee owes, there would be a corresponding drop in the value of the bonds.  Even worse, a judge in Brooklyn, or Los Angeles, could decide to reduce the principal value of the mortgage.  That reduction in principal would be deducted from your pension or the invested value of your insurance.
 
Remember, this program would not be available to people who pay their mortgages on time, or who do not have mortgages.
 
Banks and investors are suffering from these mistakes.  But, the people who caused this problem, Congress, have not suffered, nor does it appear that they have learned anything from their mistakes.  I hope that we have.”
Well, according to the DOW so far this week, the bailout worked with flying colors.  Oh, wait, I guess it’s BAD when the DOW plunges 500 points. 
In case you were wondering, I’m so mad I’m typing through the pain in my finger.   
Some more thoughts on Obama’s poor choice in friends:
“What do Barack Obama and Osama bin Laden have in common? They both have friends who bombed the Pentagon.”
More:
“This Ayers situation is another example of Barack Obama’s morality-optional approach to government. To promote his political career, he was willing to look past Bill Ayers’ domestic terrorism. There’s no right and wrong for Obama, only things that are advantageous or disadvantageous to him and his career.”   Amen to that.
Dr. Thomas Sowell:  
The Real Obama. Basic Facts
This is an important election.  We will either have a leader who is committed to preserving the institutions and freedoms upon which this country was founded, or we will have a leader whose agenda it is to undermine and destroy them.  Socialism is not freedom.  Remember:

“Freedom is never more than one generation away from extinction. We didn’t pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same, or one day we will spend our sunset years telling our children and our children’s children what it was once like in the United States where men were free.” –Ronald Reagan 

  

 

 

   
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7 Comments »

  1. I just wanted to say great web site and posts, ill be back!

    Comment by kayla — October 8, 2008 @ 12:01 am |Reply

  2. Lindy, I think its interesting to note Mccain was the one last night bragging to the American public that it was HIS plan, not Bush’s or Obama’s that would allow judges to lower priciple balances aswell as interest rates for “deadbeat” homeowners. Aswell, I’d caution using the word deadbeat as a desciptor of people loosing thier houses, as the number of people doing so will be growing in this “Economy Burp”….I think thats what you might of called it in a previous post. Those so called deadbeats may be people you know…Just because we may not be in that class of poverty yet, give Mccain a chance, he’ll get us there.
    Just a classic example of how disconnected he is….did he actually say to an “average joe six pack” last night, “you probably dont even know what Fannie Mae or Freddie Mac is.” Unbelievable!! well, actually it is, from him….

    Lucas

    Lucas

    Comment by Lucas — October 8, 2008 @ 8:13 am |Reply

  3. Luke: I didn’t describe the current economic state as a “burp”. The person I quoted stated this about the first economic quarter of 2008, when we were not in a recession.

    If, in fact, McCain did express the desire to allow judges to restructure loans, I DISAGREE with McCain! It’s a poor way to deal with the mortgage problem. Do you think that judges should arbitrarily be allowed to restructure loans? If so, then you AGREE with McCain (and Obama.) I think it’s disastrous.

    I personally did not call anyone a “deadbeat.” But, the reality is that many of the people who were the recipients of these subprime loans had no business receiving them in the first place. A lot of them overreached, and traditionally, there are consequences to such actions. (i.e., “I’d better make sure I pay my loans instead of buying a big screen TV or I might lose my house.”) Is there something wrong with bemoaning the fact that irresponsible people might essentially be bailed out? Where’s the incentive to act responsibly? If I were someone who acted responsibly and did not overreach, I’d be angry.

    And, like I said in my post, this was the result of a Democrat formed and backed policy, the Community Reinvestment Act. So, if you’re angry about the housing crisis, I would be directing it at the people (Barney Frank, Chris Dodd, etc…) who not only looked the other way (while romancing a top official in Fannie Mae) but CHAMPIONED these loans and denied that they might need to be regulated.

    But be comforted. If Comrade Obama wins the election in November, we’ll all be equally poor and equally dependent upon the government to bail us out of all of our social and economic woes. (Something they’re quite effective at, ahem.) While I do not agree with McCain a lot of the time (as I have continually stated in past posts), I would rather support him than a blazing Socialist who will bring democracy and the free market system in the United States to an end.

    Comment by lindyborer — October 8, 2008 @ 9:30 am |Reply

  4. I dont have time to reply, however I wanted to leave a post to the most disturbing article I’ve read in a long time…I dare all Americans to read it before voting….

    http://www.rollingstone.com/news/story/23316912/makebelieve_maverick/print

    Comment by Lucas — October 8, 2008 @ 8:03 pm |Reply

  5. Well, I dared. Wow, that IS disturbing. McCain voting no to even more federal entitlements? McCain voting against abortion? McCain voting to confirm Clarence Thomas? McCain voting to slash federal social programs? McCain’s “anti-government” fervor? I am QUAKING.

    I generally tend to shy away from getting “hard-hitting” political analyses from…entertainment magazines…, but I suffered through the long snore-fest and waded through the profanity, (McCain is described as a “mean little FU_ _ ER”), and insults to our military. And you know what? McCain, for all his imperfections, is an open book, and I’d much rather know of his faults than know absolutely nothing about Barack Obama, who is keeping his past a deep secret. I wonder what else he has to hide from America? Even more associations with known terrorists who hate our country?

    This article was basically no more than a vicious attack piece that utilizes a lot of immature name-calling while diminishing bravery, integrity and patriotism in nearly every paragraph. I’ve read reviews of the article by Dickinson that call it “a bilious crapfest.”

    I quote:

    “This is all pretty interesting seeing as how Rolling Stone was 100% in John McCain’s corner in 2000. In fact, far from denigrating him like Dickinson does, the Rolling Stone’s David Foster Wallace was wowed at what a ‘cool guy’ McCain was.”

    Here is an excerpt of the rave reviews in Rolling Stone regarding John McCain in 2000 (pardon the profanity):

    “One reason a lot of the media on the Trail like John McCain is simply that he’s a cool guy. Nondweeby. In school, Clinton was in Student Government and Band, whereas McCain was a Varsity wrestler and a hellraiser whose talents for partying and getting laid are still spoken of with awe by former classmates. At 63, he’s funny, and smart, and he’ll make fun of himself and his wife and his staff and other pols and the Trail, and he’ll tease the press and give them sh_t in a way they don’t ever mind because it’s the sort of sh_t that makes you feel like here’s this very cool, important guy who’s noticing you and liking you enough to give you sh _t.”

    Funny, in 2000 the Rolling Stone didn’t denigrate McCain’s military career. Then, they claimed it made him even more authentic:

    “But there’s something underneath politics in the way you have to hear McCain, something riveting and unSpinnable and true. It has to do with McCain’s military background and Vietnam combat and the five-plus years he spent in a North Vietnamese prison, mostly in solitary, in a box, getting tortured and starved. And the unbelievable honor and balls he showed there. It’s very easy to gloss over the POW thing, partly because we’ve all heard so much about it and partly because it’s so off-the-charts dramatic, like something in a movie instead of a man’s life. But it’s worth considering for a minute, because it’s what makes McCain’s ’causes greater than self-interest’ line easier to hear.”

    The reviewer of “Make-Believe Maverick” concludes with this:

    “The Rolling Stone spent no time on McCain’s ‘fake’ military record then, yet, now it features just such an attack? It all seems more like a partisan ploy than journalistic integrity at this point. Back in 2000 all the Rolling Stone wanted to do was destroy George W. Bush. Today they’ve about faced on McCain in order to help Barack Obama. But whatever the case, this 180 on McCain seems less than genuine and more like a convenient, insincere turnaround.

    I could go on with this new McCain piece, but it is so repetitively excoriating that it becomes but one long, boring blur of vituperation. The entire article is filled with quotes from every person that hates John McCain (and none that like him) and takes the most dismissive and hateful position on every aspect of his life. It is so filled with acid and hatred that one finds oneself aghast at its vehemence.

    Go read the thing for yourself if you want, but I submit that there is only one use for this article. It is quite useful as a thesaural resource for the word ‘bad.’ Other than that, this harangue is practically valueless.”

    I heartily concur.

    Comment by lindyborer — October 9, 2008 @ 10:10 am |Reply

  6. Well stated, Lindy.

    As seen above, the Rolling Stone article is obviously very biased, and sometimes downright un-patriotic in tone. Leave it to this author to criticize McCain for using profanity and have a temper, and then to riddle his own prose with profanity and angry intent.

    The author really went over the top in my opinion, almost seemingly denegrating POW’s service and downplaying their punishment and our military men and women’s service and sacrifice. “McCain was nothing but just another POW”. Maybe, but that sure is a hell of a lot more than Obama has done for his country. And man, he really got him with the bad pilot bit. So what if he crashed a few planes? What does this have to do with his Presidential candidacy?

    What Obama has managed is to be an associate and friend with a domestic terrorist in Ayers, and have a “GD America” Spiritual Advisor/Pastor Wright for 20 years, and have one of the most, if not the most, liberal and partisan voting record in Congress (when he actually did vote). Obama’s assocations speak for themselves, to me, and should for all voters. At least McCain admits his mistakes and that he was a hell-raiser. At least he admits when he is wrong, unlike Obama. Looking at his voting record and close confidants, spiritual advisors, and associates, Obama reeks of Socialism, anti-Americanism, and anti-Capitalism.

    I simply don’t trust Obama.

    Sure, McCain has a temper. So he was a hell-raiser. But I will take a man who has served his country and knows the leadership required to keep America safe, and who has sense enough not to associate with unrepentant terrorists, and aid them in espousing Socialistic Rebellious philosophies to impressionable Chicago school children, and who does not sit and listen to his Spiritual Advisor pastor drone racially charged anti-American sentiment for 20 years.

    I’ll tike a fire-spitting, don’t tread on me, don’t mess with America, Capitalist Patriot over a liberal, pro-abortionist, terrorist-associating, Reverend Wright-loving, Socialist-bent candidate any day.

    I can’t help but wonder what will happen to our economic crisis if Obama is elected, and walks in and raises taxes on small businesses and those over 200k. What happened to the “don’t raise taxes entering a recession” philosophy? I know I’m no economist, but seems like a pretty BAD idea to me.

    Comment by JD Hart — October 9, 2008 @ 2:26 pm |Reply

  7. Even if Obama denounces publicly people like Ayars, Rev. Wright, Farrakhan, Hamas or Chavez, one must ask: WHY DO THEY LIKE HIM?

    Comment by Dee — October 10, 2008 @ 6:41 am |Reply


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