All The News That Fits

Archive for September, 2008

News Flash! Chicken Little Still Okay

Posted by Nancy on September 30, 2008

“The sky will fall if we don’t get a $700 billion bailout bill passed by Monday,” cried Chicken Little.

The miscreants in the Senate were agreeable, but the House defeated it by 12 votes, bless their souls (only the souls of those who voted against it – the others may just possibly not own souls to bless).

The stock market tanked 780 points and the television pundits went crazy.  The sky truly had fallen and the world as we knew it had come ot an end!

Today the stock market gained back more than 400 points, the sun shone again, and there is still no $700 billion bailout.  Meanwhile, back at the House:

Today we have the absurdity of former Goldman Sachs CEO, Treasury Secretary Hank Paulson, with the urging of former Goldman Sachs CEO, Clinton Administration Treasury Secretary Bob Rubin, and former Goldman Sachs CEO, former New Jersey Senator, now New Jersey Governor, John Corzine, former CEO of Goldman and head of the World Bank, Steve Friedman, former Goldman CEO John Whitehead, and former Goldman alum White House Chief of Staff, Josh Bolten, urging the Federal government to write a check for $700 billion in order to secure financial stability for Wall Street firms like Goldman Sachs.

Hang in there, Chicken Little.  We may just survive this yet, if the politicians will keep on getting nothing accomplished.  I don’t have much faith in that happening, though.  They always think they have to “do something,” even if that something means socializing the nation’s economic system.

Unrelated, I found a good video on my favorite PUMA website today.  I can’t get it to embed so you will have to follow the link – it is only a 30 second spot. Would you buy a used car from this man?

In the real world, happy birthday to two of my favorite grandchildren, one turning nine today and the other eleven.

I spent a few more hours cleaning up downed limbs in the park this morning, attended a county-wide township dinner this evening, and fought a headache all day. 

The headache is winning.  Bummer.

Posted in Life, Politics | Tagged: , , | 1 Comment »

The Great Crash of 2008

Posted by Nancy on September 29, 2008

The stock market plunged almost 280 points today on word that Congress failed to pass a bailout plan for troubled financial markets.

While we personally lost money in retirement accounts, I still say  “Good for the House Republicans” on this one.  Finally, – finally! – someone stood up and said enough.  If there has to be a bailout package, let the Democrats pass it themselves and take the blame.  Maybe the Fates will shine upon us and they will also get “credit” for their part in causing the financial meltdown.

It did my heart good to see pictures on television of people picketing, carrying signs, and in general demanding that government listen to them and not pass this bill.  The proposed legislation is obnoxious and deserves to die an ignominious death.

I do not claim to understand all that is going on, but I do understand that you do not reward greed and incompetence by bailing it out.  Let it die a natural death, and deregulate the markets and let them recover on their own. 

Over regulation is what caused the mess in the first place, requiring banks to give loans to people who were not credit worthy and making it a FEDERAL CRIME to refuse them.  Good grief!!!  Dare I say this was tantamount to economic affirmative action?  They even forced banks to consider unemployment compensation and welfare payments as income to qualify for purchasing a house.

And we wonder why so many houses are in foreclosure with people not able to pay their mortgages?

And what has happened to the traditional roles of Democrats and Republicans?  It used to be that Republicans were the party of big business and Democrats were for the less privileged, but now the Wall Street fat cats are supporting Obama and other Democrats with hundreds of thousands of dollars in donations.  Incestuous payoff schemes that hurt us all. 

I still don’t understand how people can vote for someone who has no past, or at least no friends to vouch for him and no paper trail for years of his life.  Isn’t that suspicious?  At least a little?  I mean, who “loses” their college transcript, thesis, client lists, records of meetings, and written papers; who has no friends from their youth or career to talk about what a fun guy they were to hang out with or what a royal pain they were?  How can anyone have scrubbed the history of their life so clean that only their wife remains as a person who has known them for a long time? 

How can all of Obama’s connections with unsavory characters through the years be all over the internet, yet the media totally ignores it and acts as if it is not there.  Sort of like putting their fingers in their ears and humming really loudly while saying “I can’t he-e-a-r you!”

And how about that prosecutor in Missouri being indicted on grounds of political intimidation for being part of an Obama “Truth Squad” and threatening to prosecute anyone who makes public statements contrary to Obama’s official policies?  Whoa!!!  What country are we living in? 

Meanwhile in the real world I spent hours today picking up downed limbs in the park, where I found a seat broken off the teeter totter and a slide destroyed by vandalism.  Things like that make you question whether it’s worth the effort to buy nice playground equipment.

Then I saw a little girl playing nearby and knew it was definitely worth it all.

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Presidential Debate + Pundits = So Much Spin I’m Dizzy

Posted by Nancy on September 27, 2008

We watched the first presidential debate last night, then turned off the TV. We wanted to let it sink in without hearing someone else tell us what we saw.

We decided no one landed a knockout blow, but McCain came across as very knowledgeable and Obama came across as someone who can memorize very well. They both did well, but the decision definitely has to go to McCain.  He obviously knew what he was talking about and remained calm throughout, while Obama seemed to be in over his head and grew increasingly  peevish as the time wore on.  His eyebrows sank lower and lower, he scowled, he interrupted McCain repeatedly, etc.

Obama avoided direct answers to some questions, and repeatedly said he would adapt his presidency to the current financial crisis by – ta da! – still planning to spend boatloads of our money on his pet new projects.  And that bit about “I have a bracelet too” when John McCain spoke about wearing a bracelet to honor a soldier killed in Iraq, given to him by the soldier’s mother.  McCain spoke poignantly about the mother not wanting her son’s death to have been in vain.  Then Obama read his bracelet.

So today I have seen a few opinions of who won last night. 

Did the “journalists” in the main stream media watch the same debate we did last night?  I know they support Obama, but aren’t they still supposed to report the facts?  I realize that partisanship informs everyone’s determination of how well each candidate did, but…

Some of them are REALLY stretching to declare him the winner.  CNN’s online story carries this headline:

Round 1 in Debates Goes to Obama, Poll Says

Okay, tell me more about your poll, I say.  The next to last paragraph of this long story (you know, so far down almost no one reads it) does just that, and here is their amazing statement: 

The results may be favoring Obama simply because more Democrats than Republicans tuned in to the debate. Of the debate-watchers questioned in this poll, 41 percent of the respondents identified themselves as Democrats, 27 percent as Republicans and 30 percent as independents. 
The text of the story also contains this equally amazing comment:

“It can be reasonably concluded, especially after accounting for the slight Democratic bias in the survey, that we witnessed a tie in Mississippi tonight,” CNN Senior Political Researcher Alan Silverleib said. “But given the direction of the campaign over the last couple of weeks, a tie translates to a win for Obama.”

Wait, wait!  I’m having trouble processing here!!!!

Let me see if I have this straight.  Their senior political researcher says the debate was a tie; then he says a tie translates to a win for Obama; then they admit their poll is weighted toward Democrat voters; then they put a headline over it saying Obama won according to that same biased poll. 

Oh, and I would say 41-27% is not a “slight Democratic bias” as they do, but a significant bias.  And I also wonder who their “undecided” voters were.

In my humble opinion, several times during the debate Obama had that deer in the headlights look – such as when McCain spoke in depth on Ukraine and Georgia.  Obama looked like he was afraid someone would ask him what JM had just talked about, but covered the moment by saying “I agree with what John McCain just said.”

As a matter of fact he agreed with McCain many times.

Yes, McCain clearly was the winner.  Too bad the networks don’t run that debate over and over so those who missed it have the opportunity to see it.  We all need to judge for ourselves. 

If we listen to the “journalists” we will get dizzy from all the spinning.

Posted in Life, Politics | Tagged: , , , , | 4 Comments »

The Housing Crisis Explained In Double Time

Posted by Nancy on September 26, 2008

This video goes about two time too fast and is hard to follow if you are not already familiar with the information.  Hover over the slider on the bottom and click the button to pause it when you need more time on a slide.

Now you know the time line and the major players.  So, whose fault is it?

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Some Things I’d Like The Media To Address

Posted by Nancy on September 26, 2008

With gale force winds and driving rain in the area yesterday we spent most of the day in, going out only to catch a movie.  It was easily the most execrable movie of my entire life, reinforcing my aversion to almost anything Hollywood puts out.  That will teach me to ask what we’re going to see ahead of time.

And no, I’m not going to mention the name of the movie.  I don’t want to give it any publicity, even bad publicity.

Still, even on vacation I can’t disconnect from politics.  With the economy teetering on the brink and election day nearing quickly, it becomes clearer every day how important this election cycle is.  I am appalled at how virulently partisan network news and some entertainment shows (Letterman!) have become, and how few facts they dissseminate.  It is an obscene perversion of journalistic integrity. 

Is it asking too much to see some in depth reporting on the housing crisis, which would show where the blame for this mess lies?  (Hint: not with the Bush administration)  It is our financial future we are talking about, so why aren’t the news shows digging deep and talking about the truth as we go into an election?  (Oh, I forgot – they might have to say bad things about some Democrats.) 

Name names of those who got large campaign donations from Fannie and Freddie (Hint: Obama is near the top), as well as others who received political or financial favors to fight reining in this mess over the years.  This election isn’t just about the next president; we are also deciding whether we want to keep the Congress that brought us to this awful place.  Put the blame where it belongs.

I would also like to see some mention on the news of the Berg lawsuit against Obama, which is trying to make him produce a genuine birth certificate to prove he is eligible for the presidency.  There very well may be nothing amiss there, but if so why is Obama spending money on attorneys fighting it in court instead of just producing it and getting it over with?  Such a simple solution, yet…  Why aren’t the media asking why he doesn’t produce it?

So, I surf the internet in my down time, and find gems like some of these below.

Clinton era rule change led to current financial crisis  No one can explain it like Investor’s Business Daily can, but there is more information worth reading here.  Meanwhile, Clinton goes on television and acts like the wise senior politician who had nothing to do with getting us into this mess and can guide us out of it.

Understanding slavery  What an interesting article about America’s slave history and Islam.  Fascinating information I never knew, and that is not “politically correct” to mention.

Other people’s money  Good insight into where Obama got some of his political money, and who got paid what (in grants, not his own money) in return.

The housing crisis villain  Obama can find one of the guilty parties in the mirror.

Biden shows his ignorance  Hee-hee.  Can you imagine the outcry on the news shows if Sarah Palin had said this?  In an interview with Katie Couric, Joe Biden said: “Part of what a leader does is to instill confidence, to demonstrate that he or she knows what they’re (sic) talking about …. stock market crash, Franklin Roosevelt got on television and didn’t just talk about, you know, the princes of greed, he said, “Look, here’s what happened…” 

Really?  I see two big problems here:

  • The stock market crashed in 1929; Roosevelt became president in 1932.
  • I’ll bet people in 1929 would have been fascinated with television.  Unfortunately, it hadn’t been invented.  In fact, it still wasn’t in use when Roosevelt died in 1945; Roosevelt  never went on television to talk about anything.  He was famous for his “fireside chats” on the radio.

8 million Clinton supporters reject Obama  This is a PUMA website (you know, those Hillary supporters who are saying “Party Unity My A**).  I read a regular news account of the poll elsewhere, but it is interesting to see the reactions from these women.  Obama is finding out that sometimes there are consequences to your actions.

In real life, there is more rain in the forecast for today.  So, other than some (inside) flea market shopping it may be another indoor day.  It’s good we went to the gardens and the beach early in the week, as those are highlights of a visit.  I got souvenir shopping out of my system in Vietnam in April, so shopping this time is mainly wandering and enjoying being out with good company.

It is so relaxing here; going out when we feel like it, taking time to read, talking and catching up, just taking life easy.  Scherrol is such a tremendous cook and Dave is a great host.  I’m going to hate to see this week end.

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Ohio News Poll Internals Revealing

Posted by Nancy on September 22, 2008

Yesterday my local newspaper carried the full Ohio News Organization poll, which was commissioned by the state’s eight largest daily newspapers.  It carried all the questions and all the answers, plus commentary “explaining” it to readers.

If you only read the articles, you saw that McCain leads in Ohio 48-42%, and that “there’s a lot of prejudiced [white] people out there.”  The article said “several Obama supporters predicted that the Illinois senator’s race will be an impossible obstacle for many voters.”

I am angry.  If Obama loses, it will be because of racism? 

If you look inside the poll, which breaks down responses by age, income, education level, region of the state, and race, you see something entirely different.

White support for McCain and Obama splits 55-34%.  Does that show racism or philisophical and political differences?  That’s hard to say, but there’s probably both in there.

Black support favors Obama 98-0% (Nader gets 1% and the other percentage is unaccounted for).  Apparently NO black respondents plan on voting for McCain.  That is a lot more obvious indication of racism.

Studying it further: only 3% of blacks think McCain is qualified to be president, 0% think he has higher personal and ethical standards than Obama, 2% think he has a better plan for the country, 6% think he would use good judgment in a crisis, and 0% think he is personally likeable. 

It looks to me like if Obama wins in November black racism will contribute to his victory.  It may not make the difference in Ohio, but there are states where it will.

I tire of reading stories about Obama facing white racism when poll after poll shows blacks planning to vote for him in the 98-99% range and not identifying that as racist.  Racism is racism, and it is odious either way.  Even more disgusting is the media’s attempt to guilt people into voting for an ill-prepared candidate espousing a far left agenda, based solely on the color of his skin.

More than ever this year we need to study the issues, learn about the candidates, and own our own votes. 

To those who have moved and not yet registered to vote (you know who you are), there is little time left.  Get out there and register this week!

Now for my second outrage of the day I present this cartoon from Oliphant in the Washington Post.

This is the same Washington Post that several years ago refused to print the Mohammed cartoons that caused such an uproar in Denmark.  Here was their explanation then:

“It would violate our standards for taste to publish them. We keep many things out of the paper on those grounds, including gratuitous nudity, violence, obscenity and racial, ethnic and religious slurs.”

Where are those “standards of taste” now?  Once again the main stream media shows no respect for Christians, especially evangelicals and others who actually take their religion seriously.

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Obama’s War Room Advisors

Posted by Nancy on September 19, 2008

 

This is just too funny.  A little rough language in the subtitles.

 

But if he wins, what can we expect? 

Youth indoctrination camps  Utterly depraved.

Beyond abortion to infanticide  No, no, this one is utterly depraved.

Obamanopoly  OH MY GOSH!!!.  Print this one out for help when trying to explain the current financial mess to friends.

 

Locally, there are still tens of thousands in the area without electricity.  One resident came into the township office and told me the electric company TURNED OFF the power on his street yesterday so they could work on other lines in the area.  Then they left without working on anything.  And they haven’t come back.  And they have no idea when they will be back (I called them today and that is what they told me).  With all the people getting upset over how long this is taking, they are turning off power.  Unbelievable.

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I’ll Believe It When I See It * (see last item)

Posted by Nancy on September 18, 2008

Our area is still recovering from hurricane-force winds Sunday, with about 100,000 residences and businesses still without power.  The township’s phones are ringing off the hook with people asking for pickup of downed limbs.  That’s usually a scheduled service but this time we will pick up whatever is out there.  Which is a lot.  And that’s a major understatement.

Meanwhile, I had  the opportunity to talk with about 50 local residents yesterday.  We joked, we shared “war stories” of life without electricity and running water, we speculated on how long it will take to get back to normal (the power companies are saying maybe by Saturday), etc.  I was able to direct them to our fire stations to get water for drinking or to flush toilets, also to a place to take a shower (what a great local YMCA we have!).

I’ve been scheduled for months to address a local group about the state of the township this evening.  Good timing.

It’s back to work this afternoon, but first I pick Drew and Kelli up from the airport.  He spent two days at BYU recruting for his employer, while I spent two days babysitting the world’s most pleasant toddler.  I wll miss K~ when she goes home.

Meanwhile, politics on the national front brings this tidbit of information about John McCain.  From The Corner on National Review:

John McCain. 25 May 2005, speaking to the Senate:

Mr. President, this week Fannie Mae’s regulator reported that the company’s quarterly reports of profit growth over the past few years were “illusions deliberately and systematically created” by the company’s senior management, which resulted in a $10.6 billion accounting scandal.

The Office of Federal Housing Enterprise Oversight’s report goes on to say that Fannie Mae employees deliberately and intentionally manipulated financial reports to hit earnings targets in order to trigger bonuses for senior executives. In the case of Franklin Raines, Fannie Mae’s former chief executive officer, OFHEO’s report shows that over half of Mr. Raines’ compensation for the 6 years through 2003 was directly tied to meeting earnings targets.

Franklin Raines is currently an Obama senior advisor, as is James Johnson, another former CEO from Fannie.  The following video illustrates the problem.

 

Then there’s the Fordham Institute’s take on what to do with the nation’s failing schools, some of which are in as much trouble as Wall Street.  You can read the whole article here

The Detroit Public Schools is the AIG of education. It’s big, it’s bad, and it’s broken.
[snip]

What’s needed is a fresh start, a do-over, a clean slate for Detroit. Simply put, the state should declare Detroit Public Schools bankrupt.

Some of the day’s other interesting headlines:

 http://elections.foxnews.com/2008/09/18/palins-e-mail-hacked/  No wonder it’s hard getting good people to run for public office.

http://www.cnsnews.com/public/content/article.aspx?RsrcID=35838  Hope this comes back to bite them.  Drill here, drill now.

http://article.nationalreview.com/?q=YzhlZGMyYjJjZjcwNGQ1MjY3ZGQ2ZjEyMGNmNTFlN2Y    WHAT??!!???!!!  Hollywood is making a movie poking fun at the LEFT???!!!???!  And it will be out before the election??!!??!!?  Get me the smelling salts I’m having a heart attack!

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Will The Media’s Bias Benefit Sarah Palin?

Posted by Nancy on September 13, 2008

The following is excerpted from an interview with Mark Penn, a former top strategist to both Bill and Hillary Clinton.  The entire article can be found here.

CBSNews.com: Your former colleague Howard Wolfson argued that you all unintentionally paved the way for Palin by exposing some of the unfair media coverage that Hillary Clinton received. And, therefore, a lot of the media may now be treating Sarah Palin with kid gloves. Do you agree with that?

Mark Penn: Well, no, I think the people themselves saw unfair media coverage of Senator Clinton. I think if you go back, the polls reflected very clearly what “Saturday Night Live” crystallized in one of their mock debates about what was happening with the press.

I think here the media is on very dangerous ground. I think that when you see them going through every single expense report that Governor Palin ever filed, if they don’t do that for all four of the candidates, they’re on very dangerous ground. I think the media so far has been the biggest loser in this race. And they continue to have growing credibility problems.

And I think that that’s a real problem growing out of this election. The media now, all of the media — not just Fox News, that was perceived as highly partisan — but all of the media is now being viewed as partisan in one way or another. And that is an unfortunate development.

CBSNews.com: So you think the media is being uniquely tough on Palin now?

Mark Penn: Well, I think that the media is doing the kinds of stories on Palin that they’re not doing on the other candidates. And that’s going to subject them to people concluding that they’re giving her a tougher time. Now, the media defense would be, “Yeah, we looked at these other candidates who have been in public life at an earlier time.”

What happened here very clearly is that the controversy over Palin led to 37 million Americans tuning into a vice-presidential speech, something that is unprecedented, because they wanted to see for themselves. This is an election in which the voters are going to decide for themselves. The media has lost credibility with them. [emphasis added]

ABC grilled Palin hard, but it may Backfire  Here’s an excerpt from that UPI story:

Charles Gibson of ABC News was out for blood and inherently applied a double-standard compared with the kid gloves George Stephanopoulos used on Democratic presidential nominee Sen. Barack Obama of Illinois on Sunday night.

Gibson was out to embarrass Palin and expose her presumed ignorance from the word go. By contrast, when Obama referred to his “Muslim faith” on Sunday and did not correct himself, Stephanopoulos rushed in at once to help him and emphasize that the senator had really meant to say his Christian faith.   (snip)

The double-standard Gibson applied to Palin, compared with the uncritical media platforms repeatedly offered to Obama, who has had zero executive experience running anything, was especially striking. ABC and Gibson focused on Palin as if she were running right now for the presidency rather than the vice presidency.

Obama attack on McCain computer usage revealing  If Obama is so good at the internet, why didn’t anyone in his camp find this information from May 2000 before they ran their ad?  The man can’t type due to prisoner-of-war injuries.

http://riverdaughter.wordpress.com has become one of my favorite sites.  PUMA power. 

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I Love My Job

Posted by Nancy on September 10, 2008

“And what do you do?” 

“Oh, I’m a politician.”

Eyes roll, furtive glances are exchanged, nervous smiles, suppressed sniggering…

Ah, but I love it anyway.  I have met so many wonderful people doing this and made so many friends.  And, it is never the same from one day to the next.

I am just a grassroots politician holding a local position.  You know, one of the people you can call any time of day or night if you have a problem.

I got a call and spent part of this evening with residents who were working on a drainage problem on their property.  She had accidentally snagged a drainage pipe with the backhoe (yes, she – she’s an experienced heavy equipment operator), which has definitely created a problem.  It also brought to light apparent existing problems with the pipe under the road. Tomorrow’s work is already lined up, sorting it all out and figuring out what needs to be done.  Expert advice will be needed.

I met more neighbors.  I got input on how the speed bumps are working in front of the beach, what they think of the proposed fire station, where speeding is bad in the area, what they think of park improvements that will be going in soon, etc.  Very productive evening.

While attention is focused on those seeking powerful office, don’t forget the many grassroots politicians working to keep government functioning on the local level.  They’re the ones you may actually meet, and who will come out to your house when there’s a problem.

Yep, it’s not a bad life.

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