Barack Obama: Bernie Madoff V 2.0

In The Obamessiah We Trust!

In The Obamessiah We Trust!

Bernie Madoff ripped off $50 Billion dollars from hundreds of unsuspecting people, Chairman Obama, Nancy Pelosi, and Harry Reid have put together their own Ponzi scheme that will end up as a mulit trillion dollar ripoff of Million of taxpayers.   Bernie Madoff has nothing on Obama!

From Sultan Knish:

Trickle Down Economics isn’t simply a conservative theory, it’s also a liberal one. The difference is that the liberal version of Trickle Down Economics involves taxing the public to death, and having Congress trickle down some of the money back to the public, in between massive doses of pork and waste. Obama’s Stimulus Plan is a perfect example of Liberal Trickle Down Economics.

And what is Obama’s deficit spending spree motivated by? By the liberal theory of Trickle Down Economics which claims that rolling out hundreds of billions for every congressman’s pork project, including protecting endangered mice, encouraging energy efficiency and giving millions in NEA grants will somehow trickle down to the average American and stimulate the economy.

If conservative Trickle Down Economics was challenged as delusional and an excuse to stuff the pockets of fatcats, liberal Trickle Down Economics is even worse. If giving business a break improves the odds that the economy will get a boost, expanding government projects only takes more money out of the economy to fund the endless spendathon of Washington D.C. politicians.

Corruption just doesn’t get any more corrupt, and derilicition of duty doesn’t get any more criminal, than a government faced with a recession, indulging its worst appetite for pork and graft, and trying to pass the whole thing off as a way to save the economy. Bernie Madoff has nothing on Barack Obama and Nancy Pelosi. At least Madoff had a working pyramid scheme going, the Obama government is destroying the one working pyramid scheme the government has, Social Security, carrying out a massive generational theft in order to give kickbacks to every scumbag who put Barry Hussein and the Congress of Corruption into office.

It’s a bitter irony that the same twenty-somethings who frantically cheered Obama and worked to stick him into office, can kiss any chance of seeing a penny from social security goodbye. By the time the 4 years of Obama are done, we’ll be lucky if there’s enough left to cover a few anacin.

Being the crook that he is, I’m surprised Madoff was not appointed to one of Obama’s cabinet positions given the track record of our Commander in Thief and his appointees tax history.

Michelle Malkin also has several blog postings about the biggest taxpayer funded ripoff in history.

Pelosi’s “No Child In The Womb” Program Is Thrown Under The Bus

President Bush and Ted “hic” Kennedy brought us the “No Child Left Behind” program that utterly failed due to lack of funding, and now San Fran Freako’s own Freak in Congress who dreamed up the idea of funding Contraception as part of the economic stimulus because as we all know, Children can be such a burden on the economy with education and medical expenses.

Well it appears that House Democrats who are suffering approval ratings worse then President George W. Bush have grown a brain and it sounds like they may be tossing Pelosi’s plan under the bus.

From Michelle Malkin:

House Democrats are likely to jettison family planning funds for the low-income from an $825 billion economic stimulus bill, officials said late Monday, following a personal appeal from President Barack Obama at a time the administration is courting Republican critics of the legislation.

Several officials said a final decision was expected on Tuesday, coinciding with Obama’s scheduled visit to the Capitol for separate meetings with House and Senate Republicans.

The provision has emerged as a point of contention among Republicans, who criticize it as an example of wasteful spending that would neither create jobs nor otherwise improve the economy.

Under the provision, states no longer would be required to obtain federal permission to offer family planning services — including contraceptives — under Medicaid, the health program for the low-income.

Democrats considered the politically-potent change as congressional budget experts estimated it would take slightly longer for the overall legislation to achieve an impact on the economy than the administration projects…

…Several Democrats said Monday night that Obama had spoken personally with Rep. Henry Waxman, D-Calif., about removing the provision. Waxman is chairman of the committee with jurisdiction over Medicaid and a close ally of Speaker Nancy Pelosi, D-Calif.

The Democrats who described the likely reversal did so on condition of anonymity, saying they were not authorized to disclose developments not yet made public.

Obama’s request to House Democrats underscores the administration’s desire to signal a spirit of bipartisanship, a recurring theme for the president in his first week in office.

I would think that Pelosi was only following the marching orders of her Messiah who during the election stated that he will educate his young daughters but “if they make a mistake, I don’t want them punished with a baby. I don’t want them punished with an STD at the age of 16.”

Besides, who needs contraception in San Fran Freako?  Not much in the line of normal sexual behavior going on there anyway.

Next show coming will be Nancy Pelosi being ex communicated from the Catholic Church by a Former Nazi Youth who reinstated a Holocaust Denier….Film at 11!!!

Change: Tax Evader Becomes Chief Tax Collector

The House Republicans are proving more and more every day why they keep getting their asses handed to them.  They are letting the Moonbat Messiah’s cabinet choices just simply fly through without so much as a fight.

Tax cheat Timothy Geithner sailed through the senate hearings to become the Nations Chief Tax collector which says to me that the Moonbat Messiah, Obama will be a “Do as I say, not as I do” President.

From Michelle Malkin:

Timothy Geithner won confirmation as U.S. Treasury secretary on Monday as the U.S. Senate set aside misgivings about his past income tax problems in light of his experience battling the financial crisis.

Geithner, 47, was expected to be sworn in quickly to help lead President Barack Obama’s efforts to stabilize a worsening economy. The Senate approved his nomination on a 60-34 vote.

With the U.S. economy in full-blown crisis, Geithner’s experience in dealing with the past year’s rapid-fire rescues of key financial firms trumped the taint from his late payment of $34,000 in self-employment taxes when he worked at the International Monetary Fund earlier this decade.

At this point, I’m just waiting for John McCain to give up his membership to the GOP and go over to the Dark Side vowing his full allegiance to the Sith Lord Darth Obama.

American Express: “I cn hz a baleout?”

The Federal Reserve wants to know….What’s In Your Wallet?

icanhazabailout

Oops, wrong bank!  Anyway, are you feeling the “Change” yet?  As in, the change leaving your pocket and being redistributed to the pockets of someone, or something else?  American Express’ new motto is, “Don’t Leave Home Without Your Bailout” as they hop aboard the Obama Express leading to destinations unknown.

From Michelle Malkin:

 

Cha-ching. Does your wallet feel lighter?

Just across the news wire: The Federal Reserve has agreed to a request by American Express to “become bank holding company.”

 

This move allows American Express to secure funds from deposits, which could be cheaper than borrowing in bond markets.

 

“In light of the unusual and exigent circumstances affecting the financial markets … the Board has determined that emergency conditions exist that justify expeditious action on this proposal,” as stated by the Federal Reserve in their statement.

Apparently us the tax payers are becoming the Bank for corporation that wants in on the bailout which was a huge mistake to begin with.  Who’s going to bail me out when pockets are cleaned out and there is no “Change” left?  Oh that’s right, I’ll get the re-distributed scraps that the Obamessiah throws me.

Economic Collapse Planned Or Coincidence?

I don’t want to be called a truther or a conspiracy nut, but I do find it strange that this whole economic collapse was predicted by McCain and the Republicans back as early as 2006 and the Democrats kept saying everything was ok, nothing is wrong, just keep walking.  Nothing to see here folks, show’s over!  

If it hadn’t been for this whole debacle with Fannie Mae & Freddie Mac, which I must add was enabled and nurtured by Barack Obama and Barney Frank, I believe that John McCain could have easily have won the election, but of course we all know how it all played out.

I have to say, it would not surprise me one bit that the Democrats planned this all along know full well that President Bush would be blamed and anyone associated with him and the Republican party would be held responsible and would have a snowballs chance in hell of getting elected.  The Democrats only hope was a failing economy to come along.  How could they have not known this was coming?  

For Democrats to have power, they require an electorate that will vote with their hand out.  They NEED voters to have a need to be rescued by a big government.  Remember Huricane Katrina and the idiots that waited and waited for the Gubmit to come rescue them rather then packing up and getting the hell out of dodge?  That is the welfare mentallity created by a welfare state governed by Democrats.

I would like to think that my own government would not stoop to such a low level of depravity in the name of Power, but after watching the Democrats over the last 8 yrs in their deranged state of mind, I have to admit that it would not surprise me at all.

That’s just my opinion, I could be wrong…..but I doubt it!

The Three Stooges Of Economics: Dumb, Dumber & WTF Were We As A Nation Thinking?!?

 

Dumb, Dumber & What The Fuck Were We Thinking?!?

Dumb, Dumber & What The Fuck Were We Thinking?!?

Look, it’s the Three Stooges of Economics.  This shit is like a bad comedy & more closely resembles Larry, Moe & Curley trying to add 2+2 and coming up with 1.

What do you get when you add 1 incompetent Governor from Michigan + 1 Senator with a shotgun mouth and a bb gun ass + 1 Empty Headed Empty Suit with a Messiah Complex?  It equals total disaster and will prove to be a EPIC FAILURE!

Thank you, thank you….I’m here for the next four years. Try the veal!

Obama Supporter Votes With Her Hand Out: “I cn Haz a Bailout?”

One Obama supporter anxiously waiting for the Messiah to take from my wallet and put it in her gas tank and to pay her mortgage.  She won’t have to do it anymore because Obama will make damn sure that you and I do it for her.

Marxism Makes A Come Back: Obama Admits He Wants To Redistribute Wealth

A  plumber asks Obama what he’s going to do to help the economy out.  Obama  responds by saying he’s going to give people like him money that other people worked hard to earn.

Re-Distribution of wealth.  Buying of votes.  That my friends is how Democrats play this game.

From Flopping Aces:

One man in particular questioned Obama’s tax plan, telling him that he is about to buy a company that makes more than $250,000 a year.

“Your new tax plan is going to tax me more, isn’t it?” the man asked.

Obama responded by telling the voter that his business would get a 50% tax credit for health care, but that his taxes will go up from 36% to 39%.

“I want to give all these folks who are bus drivers, teachers, auto workers who make less, I want to give them a tax cut,” Obama explained.

The man wasn’t convinced, telling Obama that he has been a plumber for 15 years and doesn’t believe that he should be taxed more.

After explaining that the tax rate would be the same as under Bill Clinton and that 95% of Americans make less than $250,000, Obama made one last pitch to the voter.

“I’m gonna cut taxes a little bit more for the folks who are most in need and for the 5% of the folks who are doing very well – even though they’ve been working hard and I appreciate that – I just want to make sure they’re paying a little bit more in order to pay for those other tax cuts,” Obama said.

It’s not that I want to punish your success – I just want to make sure that everybody who is behind you – that they’ve got a chance at success too.

I don’t care how much lipstick you put on that pig, it’s still a pig and it stinks!  You get hosed under Obama’s tax plan for being successful.  Why even work hard anymore?  Just be like all the other losers that smoke crack, have a bajillion babies out of wedlock, and drop out of school.  But alas, fear not, the Obamessiah will rescue you and pay you for being a loser, afterall it is patriotic according to Joe Biden to pay taxes. (sarc)

How A Community Organizer From Chicago Helped Create A Global Economic Crisis

 

In Obama We Trust?

In Obama We Trust?

 

 

Presidential Wannabe Barack Obama is galavanting around the country telling anyone who will listen that the housing mortgage market collapsed primarily because of “Deregulation” that took place under George W. Bush and Bill Clinton.

From The Jawa Report v3.0:

 

The reality is that the housing market collapsed in large part because a coalition of race-baiting bullies brought very heavy pressure to bear on the banks to make more subprime loans on properties in low-income communities. Those who didn’t approve the risky subprime loans were accused of “redlining”–i.e., refusing to make loans on properties in those neighborhoods.

Who were these bullies?

Some of the bullies were out in Washington pounding the tables and screaming at bank executives about “redlining”.

At the same time, other bullies were stalking big city courthouses, filing frivolous and extortinate lawsuits against banks based on novel “disparate impact” theories of what might be held to constitute “redlining.” In other words, even banks which were making lots of loansin low-income communities were being sued if they weren’t approving just as many loans in low-income communities as they were in high-income communities.

Who were these mortgage extortionists?

Ragnar Danneskjold, Typical Bitter Gun-Clinger at the Jawa Report v3.0 has the rest of this fascinating story that outlines Obama’s role in this debacle and you can bet dollars to bagels that this story will never be reported by the Obamabots over at MSNBC.

 

The Soprano’s: Barack Obama’s In The Pocket Of The Mob?

October Surprise? 

Huge Story could be breaking soon on The Obamessia.

Wow, this just keeps getting better and better.  It’s looking like  Tony Rezko, an American political fundraiser, restaurateur, and real estate developer in Chicago, Illinois convicted on several counts of fraud and bribery in 2008. Rezko has been involved in fundraising for local Illinois Democratic and Barack Obama just recently had his sentencing delayed so he could roll over on some big names.  One of them appears to be the Democratic Messiah, Barack Obama who may be going down with Rezko and it’s looking like Obama may have to take back his “Hussein” moniker when he joins the Nation of Islam in whatever prison he goes to.

From Hillbuzz:

The Sun Times today gave a major clue that Barack Obama will indeed go down with Tony Rezko, sooner rather than later.  It looks as though Rezko is about to turn on Alexi Giannoulias, the 30-year old State Treasurer of Illinois (who was elected only because Obama backed him).

Here’s where all the clues are…and then we’ll walk you through the local Chicago politics on how today’s hint by the Sun Times has us convinced, for the first time ever, that prosecutor Patrick Fitzgerald could indeed send Barack Obama to jail.

We need to repeat that: we never believed, until now, that Obama would go to jail for anything related to Rezko. Today, this breaking news about what Rezko is singing to the Feds about makes us reconsider all of that.

Barack Obama will serve a prison sentence in the next few years — because knowing Fitzgerald, there is no reason he would be going through all of this if that was not the targeted goal in the long term.

The Chosen One has never said where that home loan came from, has he?  This is truly giving me hope.

From Ace of Spades HQ:

(3) So, Rezko is singing about the Giannoulias family and its longtime “business dealings” in Chicago, which would interest someone like Fitzgerald and the Justice Department, who have had a long ambition to crack Soprano-style business dealings in Chicago (the city known for Al Capone hasn’t changed much, really). The next plate to drop in this will be Fitzgerald then leaning on the Giannoulias family to give up someone bigger than them, who Fitzgerald once discussed in terms of hoping “he has the morals to do the right thing”, to paraphrase. We now believe that person Fitz was talking about is Barack Obama.

(4) The Giannoulias family was involved with Obama as far back as his first state senate campaign in 1996. It has been long rumored here in Chicago that Obama obtained a sweetheart deal on his first town home here in Chicago — which he could not have afforded otherwise — and guess who the financing came from for that house? We’ve been told it was Broadway Bank, the Giannoulias bank. Now, this sets up a scenario where the Giannoulias family helps Obama with his campaign finances and gets him deeper in their pocket with his sweetheart mortgage deal (for the first home he owned that he could not afford) – all in exchange for quid pro quo to be determined later.

(5) One favor political Chicago claims Obama did for the Giannoulias family was in 2006 when, out of the blue, 29 year old Alexi Giannoulias, with no experience, and without ever having voted before, decides to run for State Treasurer of Illinois. Also out of the blue, Barack Obama endorses Alexi Giannoulias for State Treasurer. This was a SHOCK to everyone in Chicago — and Giannoulias would have never become State Treasurer without Obama’s help. In political circles here, it has always been believed that this endorsement was bought years ago with that sweetheart mortgage deal Broadway Bank arranged for Obama to buy his town house.

Barack Obama: Hypocrit

I think it’s funny that when Obama lies on his ad’s the Obamedia and Zombies slurping koolaid at the Fountain of O simply ignore his lies and take his word as Gospel, But when McCain exposes Obama for what he really is he is called a Racist. Fact- the Democrats are the leading the Nation with the most corrupt Congress ever led by Nancy Pelosi and her Gang of Idiots. Our economy is in the toilet because of of their inaction with Fannie Mae and Freddie Mac because King Bunghole Barney Frank and Soros’ puppet Obama were too busy lining their pockets with cash from these now failed organizations and now we taxpayers have to pay for it out of our pockets. Fact- John Mccain WARNED that they would bring about problems, but the Democrats threw up every road block possible to stop any action from stopping this runaway train.

SNL Rewrites Banned Bailout Skit: Could It Be George Soros Didn’t Approve?

Reports are out that the writers at Saturday Night Live are rewriting their Banned Bailout Skit because it didn’t meet their standards.  I can only imagine that the real reason was that it didn’t meet the approval of Barack Obama’s puppetmaster, George Soros who was one of the targets of the now banned skit.

From Michelle Malkin:

A “Saturday Night Live” skit that skewered President Bush, Democrats, homebuyers and subprime lenders for their roles in the mortgage meltdown was removed from the program’s website because it “didn’t meet out standards,” a spokesman for the show said Tuesday. An edited version of the skit will be re-posted online soon, the spokesman said.

The skit, a parody of a C-SPAN news conference, ridiculed subprime borrowers, housing speculators and Herbert and Marion Sandler, the real-life couple who built Golden West Financial into a subprime lending powerhouse and sold it to Wachovia before the subprime collapse. At one point in the skit, the Herb Sandler character says he made $24 billion off the subprime boom. Graphics then appear labeling the Sandlers as “People who should be shot.”

“Upon review, we caught certain elements in the sketch that didn’t meet our standards,” a spokesman for the program said in an E-mail message Tuesday. “We took it down and made some minor changes and it will be back online soon.”

 

Obama's Puppetmaster George Soros

Obama

I and many other Conservative Blogger who are concerned about the fact that the Liberal Left is doing everything possible to block Constitutionally guaranteed Free Speech in order to usher in their Messianic Era and have the Chosen One Barack Obama elected posted a blog entries including a link to view the Banned Video.  CLICK HERE to read that post and to find the link to the video.

Censorship by another name is Barack Obama!

Message to George Soros…..Consider yourself PWND Biotch!

It’s up and running for now, till the Obamedia manages to get it removed from YOUTUBE, here it is…

Pass it on to every person you know….Viral is where it’s at in 2008!

McCain Finally Puts His Boot Up Obama’s Fannie

After hemming and hawing over it, John McCain finally found his testicles and decided to join his running mate, Gov. Sarah Palin in attacking Obama on his involvement with the Fannie Mae/Freddie Mac debacle that tax payers are now having a gun held to our heads by the Democrats to pay for their stupidity.

From Michelle Malkin:

Our current economic crisis is a good case in point. What was his actual record in the years before the great economic crisis of our lifetimes?

This crisis started in our housing market in the form of subprime loans that were pushed on people who could not afford them. Bad mortgages were being backed by Fannie Mae and Freddie Mac, and it was only a matter of time before a contagion of unsustainable debt began to spread. This corruption was encouraged by Democrats in Congress, and abetted by Senator Obama.

Senator Obama has accused me of opposing regulation to avert this crisis. I guess he believes if a lie is big enough and repeated often enough it will be believed. But the truth is I was the one who called at the time for tighter restrictions on Fannie Mae and Freddie Mac that could have helped prevent this crisis from happening in the first place.

Senator Obama was silent on the regulation of Fannie Mae and Freddie Mac, and his Democratic allies in Congress opposed every effort to rein them in. As recently as September of last year he said that subprime loans had been, quote, “a good idea.” Well, Senator Obama, that “good idea” has now plunged this country into the worst financial crisis since the Great Depression.

To hear him talk now, you’d think he’d always opposed the dangerous practices at these institutions. But there is absolutely nothing in his record to suggest he did. He was surely familiar with the people who were creating this problem. The executives of Fannie Mae and Freddie Mac have advised him, and he has taken their money for his campaign. He has received more money from Fannie Mae and Freddie Mac than any other senator in history, with the exception of the chairman of the committee overseeing them.

Did he ever talk to the executives at Fannie and Freddie about these reckless loans? Did he ever discuss with them the stronger oversight I proposed? If Senator Obama is such a champion of financial regulation, why didn’t he support these regulations that could have prevented this crisis in the first place? He won’t tell you, but you deserve an answer.

I have to wonder just how badly does McCain want to win this?  I’ve heard rumors that he refuses to make the Obama’s pastor Jeremiah Wright an issue out of fear of being called a racist.  He needs to realize that no matter what he says and does, that is all the Obama campaign has to fall back on is his race.  They cannot fight the fact that Obama was associated with Terrorists who bombed the Pentagon, his obvious racist views of America as depicted to him for over 20 years as a member of a congregation that Preached racial hatred, or simply the fact that Obama has no record to run on, no leadership background in government.  The thinnest presidential resume in history!

My mother use to have a saying when I was young….”Behind every good man stands a good woman, telling him what to do”  I have a feeling that good woman is Sarah Palin.

Democrats Duck Responsibility Thanks To MSM

The Democrats dominant role in this whole financial boondoggle is being covered up by none other then the Mainstream Media now known as “The Obamedia” for their obvious bias and dedication to their Lord & Savior Barack Obama.

From Michelle Malkin:

On Sunday, October 5th, the St. Louis Post-Dispatch ran a front page article attacking Missouir’s senior Republican senator, titled “Bond’s tough talk on Fannie, Freddie rings hollow to some.” The article was authored by Deirdre Shesgreen, of the Post-Dispatch’s Washington Bureau. (Title’s been changed. Article is here.) The article takes Missouri Republican Senator Christopher “Kit” Bond to task for having a cozy relationship with Fannie Mae and Freddie Mac.

In a hit piece that should not come as much of a surprise to anyone who reads the St. Louis newspaper, the article does allude to possible wrong doing of one Democrat, but focuses their ire on Bond, by stating;

“Sen. Christopher Dodd, D-Conn., chairman of the Senate Banking Committee, which oversees the two firms, ranks No. 1, collecting more than $165,000.Bond is No. 8; his campaign committee has taken in more than $95,000 since 1989, the center’s tally shows. Bond said the donations never influenced his decisions.”

The Post-Dispatch didn’t feel it was necessary for its readers to know that the No. 2 recipient of donations was one Senator Barack Obama, who brought in $126,349, or that John Kerry was No. 3, bringing in a total of $111,000.

The weekend Post also carried a Business section column by David Nicklause, on “Economy drowns in seas of excess liquidity and cronyism,” stating that “Republicans, meanwhile, have favorite myths of their own. One is to blame the subprime mortgage crisis on speculators, those greedy folks who flipped Florida condos for profit or took out “liar loans” on houses they knew they couldn’t afford.”

The column continues on a back page, under the heading; “Don’t forget that capitalism is based on greed.”

It would have been nice if they had told us what socialism was based on, as well.

Barack Obama, Barney Frank and their Liberal Friends in Congress have benefited greatly from this whole mess.  Not only have Fannie Mae and Freddie Mac executives lined their pockets with generous amounts of cash, and this whole fiasco is something Obama and his campaign have been praying for.  They are hoping that this crisis will payoff for them politically.  This bailout is a Socialists dream come true and a tanking economy not only gives the image of defeat to our enemies but give hope to them that Obama will win in November.  Execs from these failed companies are advising Obama on his campaign. 

A Democrat accept responsibility for wrong doing?  We’re still waiting for Ted Kennedy to come clean on his vehicular manslaughter of a innocent woman one drunken evening, so I don’t suspect it will happen soon.

 

 

The Democrats Form Their Own Nigerian Scam

The loons call it a bailout, I call it a scam, similar to the Nigerian 411 scam that everyone with an email address has received one of the letters at one time or another.  Out of greed or stupidity, some people have actually responded to these letters and lost their personal fortunes.  The most un-ethical congress is now scamming the American people and out of greed our stupidity, we fell for it!

From Doug Ross:

SUBJECT: REQUEST FOR URGENT BUSINESS RELATIONSHIP

DEAR AMERICAN:

I NEED TO ASK YOU TO SUPPORT AN URGENT SECRET BUSINESS RELATIONSHIP WITH A TRANSFER OF FUNDS OF GREAT MAGNITUDE.

I AM MINISTRY OF THE TREASURY OF THE REPUBLIC OF AMERICA. MY COUNTRY HAS HAD CRISIS THAT HAS CAUSED THE NEED FOR LARGE TRANSFER OF FUNDS OF 800 BILLION DOLLARS US. IF YOU WOULD ASSIST ME IN THIS TRANSFER, IT WOULD BE MOST PROFITABLE TO YOU.

I AM WORKING WITH MR. CHRISTOPHER DODD, MILLIONAIRE SENATOR, WHO WILL BE MY REPLACEMENT AS MINISTRY OF THE TREASURY IN JANUARY. AS A SENATOR, YOU MAY KNOW HIM AS LEADER OF THE AMERICAN BANKING DEREGULATION MOVEMENT IN THE NINETIES. THIS TRANSACTION IS 100% SAFE.

THIS IS A MATTER OF GREAT URGENCY. WE NEED A BLANK CHECK. WE NEED THE FUNDS AS QUICKLY AS POSSIBLE. WE CANNOT DIRECTLY TRANSFER THESE FUNDS IN THE NAMES OF OUR CLOSE FRIENDS BECAUSE WE ARE CONSTANTLY UNDER SURVEILLANCE. MY FAMILY LAWYER ADVISED ME THAT I SHOULD LOOK FOR A RELIABLE AND TRUSTWORTHY PERSON WHO WILL ACT AS A NEXT OF KIN SO THE FUNDS CAN BE TRANSFERRED.

PLEASE REPLY WITH ALL OF YOUR BANK ACCOUNT, IRA AND COLLEGE FUND ACCOUNT NUMBERS AND THOSE OF YOUR CHILDREN AND GRANDCHILDREN TO WALLSTREETBAILOUT@TREASURY.GOV SO THAT WE MAY TRANSFER YOUR COMMISSION FOR THIS TRANSACTION. AFTER I RECEIVE THAT INFORMATION, I WILL RESPOND WITH DETAILED INFORMATION ABOUT SAFEGUARDS THAT WILL BE USED TO PROTECT THE FUNDS.

YOURS FAITHFULLY MINISTER OF TREASURY PAULSON

I really don’t know whether to laugh or cry about this…

Lipstick On A Pig…Nevermind, It’s Just Barney Frank!

Well, they up and did it!  Congress passed a Pork Barrel Bail Out that rewards stupid people for making bad decisions, and we get to pay for it…All courtesy of Barack Obama, Barney Frank and the Dumbocratic Party.  Much like most of Barney Frank’s boyfriends, he screwed us without so much as a kiss.  (Thank G-d)

From Michelle Malkin:

They put a gun to our heads. They ate Crap Sandwich 2.0. Washington’s pork-stuffed panic mob forked over $700billion/$850billion/$1 trillion-plus of our money over to the Chicken Littles, who handed it over to Foxy Loxy at the Treasury Department.

Last night though, I was surprised to see Bill O’Reilly strap on his nuts and take Congressman Barney Frank (D) to task for his part in all this mess.  Granted it turned into quite a shouting match, I only wish O’Reilly had given Obama the same treatment when he interviewed him.

Here’s the video of the Fannie Whoopin O’Reilly gave Barney Frank….(Frank probably enjoyed it)

Burning Down The House: What Caused Our Economic Crisis?

Wanna see who really started this financial mess our nation is in?  The Dumbocrats are going to have a hard time rewriting history on this fiasco.

I hear the moonbats are in vapor lock over this video and are hoping the MSM will completely ignore where the responsibility lies in this mess.

Republican Landslide?

Despite the books he’s written and the rockstar personality, it looks like that Obama just may have his ass handed to him on a platter come November 4th.

From Democrat & Chronicle:

The presidential election might be a tight race now, but one of the country’s top pollsters thinks the race will end in an electoral landslide. 

John Zogby, president of Zogby International, told a group of businesspeople today that it’s up to Democratic Sen. Barack Obama to convince voters to go with him. If he’s not successful, the country will likely vote for “a comfortable old shoe”, that being Republican Sen. John McCain

Despite the books Obama has written, Americans are still asking, “Who are you, where are you from?,” Zogby said. 

Zogby spoke at the College at Brockport’s Business Briefings breakfast series at the college’s MetroCenter campus on St. Paul Street. He was promoting his new book, The Way We’ll Be: The Zogby Report of the Transformation of the American Dream. 

I personally think that the American people despite the lies and propaganda of the Mainstream Media, are going to wake up and realize that the Financial Crisis we currently face was largely the responsibility of the Democrats who threw up road blocks to every Republican attempt to rein this in back in 2005 in order to satisfy their elitist friend’s lust for greed at Freddie Mac and Fannie Mae.

I also think that the main reason Obama is steering clear of Washington during this Crisis is because he realizes the culpability that lies on him and his fellow democrats and that is a political liability for him and the democrats.

Obama Advisor Franklin Raines Throws Himself Under The Bus

Former Fannie Mae CEO and Financial advisor to Presidential wannabe Barack Obama has thrown himself under the bus, thus joining the ever growing number of people who have proven themselves to be political liabilities to Obama in his attempt to seize power.

From The Politico:

The campaign puts out a statement from former Fannie Mae chief Franklin Raines, disowning ties to Obama, after a McCain ad attacked him for the ties.

The Washington Post reported — with the kind of blind sourcing that suggests the source was Raines — that Raines had “taken calls from Barack Obama’s presidential campaign seeking his advice on mortgage and housing policy matters.”

Raines said in the statement through the campaign, “I am not an advisor to Barack Obama, nor have I provided his campaign with advice on housing or economic matters.”

From the Washington Post:

“In the four years since he stepped down as Fannie Mae’s chief executive under the shadow of a $6.3 billion accounting scandal, Franklin D. Raines has been quietly constructing a new life for himself. He has shaved eight points off his golf handicap, taken a corner office in Steve Case’s D.C. conglomeration of finance, entertainment and health-care companies and more recently, taken calls from Barack Obama’s presidential campaign seeking his advice on mortgage and housing policy matters.” Washinton Post, 16 July.

I’m sure it’s just a case of the Obama bumping into Raines at Trader Joe’s while picking up some arugula and spanish ham…….Yeah, right!

Sorry Comrade  Obama, but Raines was in fact on your list of economic advisors, and Freddie Mac did donate $165,000 to your campaign over the last four years.

Barack Obama Has His Fannie Handed To Him By McCain

Looks like Obama is having his “Fannie” handed to him by Team McCain.  

Here is a new ad by the McCain/Palin campaign that points out Obama’s connections to Fannie Mae CEO’s and his utter ignorance in Financial Policy.

Obama has no background in economics. Who advises him? The Post says it’s Franklin Raines, for “advice on mortgage and housing policy.”

Shocking.

Under Raines, Fannie Mae committed “extensive financial fraud.” Raines made millions. Fannie Mae collapsed.

Taxpayers? Stuck with the bill.

Barack Obama. Bad advice. Bad instincts. Not ready to lead.

From Hot Air:

Team McCain knows that this will be a big problem for voters looking for a change in Washington.  Raines, and Obama’s other Fannie Mae advisor Jim Johnson, are exactly the kind of CEOs and big shots that Obama usually demonizes on the campaign trail.  They took exorbitant salaries and ran Fannie into the ground.

Here are a few articles of interest about Raines from the Washington Post:

  • March 2005: Perverse executive pay forced Raines out of his job.
  • May 2006: Extensive fraud at Fannie Mae under Raines’ direction, generating over $50 million in bonuses for nonexistent growth.
  • April 2008: Raines gives up $24 million in future payouts to avoid criminal charges in Fannie Mae fraud, although most of that was in worthless options; he pays $2 million in cash.
  •  McCain/Palin needs to keep up the momentum on this issue and continue to hit Obama & the Democrats hard, fast & frequently on the collapse of Fannie & Freddie.