Thursday, September 25, 2008

Obama's Idea Of Presidential Leadership

Obama kept to belief in how he views presidential leadership yesterday when he elected not to join John McCain in returning to Washington, with regards to the financial problems facing America. The idea was for both of them to work on getting some package assembled to get money again flowing in our financial sector. That both parties in congress seemed so split that nothing appeared was going to get done. The risk facing America is far greater then this country has faced since the depression of the 1930’s

Obama has long believed that his underlings would do the work and he would only provide guidance in getting things done. He has often used the word “vision” of providing the underlings of the goal they should strive for.

John McCain believes in giving his underlings a message of how he wants things done but also knows from his career in the Navy and in congress that at times the “boss” needs to get in their and be the leader. That he needs to lead by example.

Every sailor on a ship counts on the captain of ship to be at the helm during a battle. To make the right decisions that protect their lives, as they carry out their duties. That he issues the tough orders to put the few at risk knowing some must be placed in risk to carry out the mission with the least lives lost.

Even in our own families, when a tragedy strikes, we look to a certain member of the family to take a leadership roll. They are the strong person who may bring up the subject of deciding the removal of a family member from life support because there is no hope is something that needs to be addressed. They are the person who sets down with a parent, with other members of the family setting near by, and explains them it is time they no longer can live by themselves.

Leaders are willing to put their neck on the line for the good of all. They do not use others for possible cover if things don’t know perfect. Leaders are willing to take the lumps to see something through to a successful conclusion that maybe lacked total support at the start.

Leaders lead and talkers talk. Obama showed his true sides by doing the dodging of letting others assume all the risk. He could claim victory in the public if things go right and distance himself from everyone if it fails.

Friday, September 19, 2008

Obama vs McCain - World Policy Is Deciding Factor

Obama, by his selection of Joe Biden, that he is not strong in foreign policy. This is somewhat an honorable thing. Like it or not the United States does not and can live in isolation. That has been tried and failed as history clearly shows.

Liking the global economy or not make no difference. It is real and will be real even if some of us plant our heads clearly in the sand. Also the overall global economy and foreign happenings are tied to each other, like it or not. Our domestic economy is tied to foreign policy, like it or not. It is not going to change no matter what unless we wish to become a third world country. Then we can do what we want and no one will care because we no longer matter!

Much like when the United States entered World War II, everyone in the United States and parts of the world where happy. There where protests and even riots in some of our major cities. While this is not reflected in many of our history books but a research of old newspapers clearly shows it did happen.

A President will need the expertise to balance our own economy, our position in the global economy, the global economy, worldwide politics, and lastly what is good for the masses. No easy task for a simple human because regardless to any decision the chances are a vocal group will be opposed to it. Sadly, often history written long after the President is gone from the face of the earth that it becomes clear if their decisions where correct.

LIKE IT OR NOT:

1- Oil is the blood of the world economy. Without it, every major economy will FAIL worldwide.

2- Russia has a failing economy both at that their own stock market and attracting foreign investment. Foreign investment has dropped nearly 50% in the past six months.

3- Russia leadership believes oil is the way back into being a world power broker and sphere of influence.

4- Russia’s leadership is old school in their thought process, that believe in using the military to carry them back into being a world power.

5- Russia invaded Georgia to send multiple messages to neighboring countries including our friends in Europe.

6- Russia leadership has already cut oil to parts of Eastern Europe in showing their power.

7- Iran is developing short range missiles and has some type of nuclear program going on. While public debate is if the nuclear systems are being developed for power generation or weapons use.

8- Iran has an unstable leadership that is not supported by the majority of people living in the country.

9- Iran leadership has recently stated they believe Israel should be wiped off the face of the earth. Iran’s leadership could be short sighted and launch a nuclear attack Israel which Israel would rightfully respond with his own launch of nuclear weapons. Regardless of how “limited” this exchange would be world wide effect from fallout on the health and welfare of people hundreds to thousands of miles away.

10- North Korea has demonstrated they have both a nuclear program and missile program. They are one of the poorest countries in the world to have access to nuclear program and missiles.

11- North Korea is a complex issue of trying to help them become a thriving country without helping them become a military power. China plays a key roll in what happens within North Korea.

12- China is an expanding country that is joining the modern world. They are growing at record pace even though their government has tried to slow this process for solid economic reasons. The United States needs to build relations with them and work within that fame work to provide better human rights, environment issue, and being a peaceful nation. However, it has to be from a fine balance of equal respect, military strength, and cooperation.

13- Venezuela is much more complicated matter that is setting on the backburner. The leadership of Venezuela is only supported the poor from within their country. The remainder of the society has little to no confidence in the leadership.

14- Venezuela leadership is seeking to become a regional power broker in the Western Hemisphere. They have made recent close ties to Russia, which is mostly an arm for oil program. While Venezuela has no natural enemies in the region they are building the largest standing military in South America. This is of concern of many of our South American friends.

15- Africa, as a region, is a troubling area from wars, hunger, illness and human rights. No single country can fix any of the problems by themselves. But this is one issue that a President will need to understand both our friends and enemies in pursuit of attacking these issues.

Voters are going to need to decide a tough decision. Do they want a guy who has nearly zero experience in even being around foreign policy over a guy who has been around it for over 20 years? The new kid would need a “scorecard” to even remember the names of these players, let alone how they thought in the past, which often predicts the future.

Wednesday, September 17, 2008

Alaska Needs Hurricane To Get Bridge

Hurricane Ike gave me some time to think about things and how we spend our money at the federal level. We have a $350 million dollar bridge to so called “nowhere” that was cancelled. We have an entire city sinking by almost an inch a year that we know for a fact. We have an island that got plowed over by the second hurricane in three years and now looks like a bombed out city.

The bridge to “nowhere” would have connected one town to an island of nearly 95 square miles. It had 50 residents there and the area’s only commercial airport. No one wanted to talk about the fact that the bridge was the only area that the neighboring community could grow. No one wanted to talk about this was the “port” most cruise ships visit on their journey to Alaska. No one wanted to talk facts or long term goals.

This is alright if we played the games fair.

Let us look at New Orleans. We spent tens of billions of dollars in emergency help during and right after Hurricane Katrina. This year Hurricane Gustau nearly slammed into New Orleans. But still it will take upwards of a billion dollars to fix this community again. We are spending tens of billions to improve dikes and other things, to make it more “hurricane proof.” By the time all is done, provided no more hurricanes come, the US Government will spend nearly 40 billion dollars.

No one argues that much of the New Orleans area is sinking and will continue to do so at the rate of just under an inch a year. Some studies say the speed of the sinking is growing faster over time.

One would think that a smart government would figure out it would be far cheaper to just buy up much of the lowest areas, pull the dike walls down, and let nature do its’ thing. It would be far cheaper. Plus we all know Mother Nature will win the battle. She always has, and when the perfect storm comes all the dikes, pumps, and sandbags will be scattered in her wake.

Just for giggles think about the global warming factor of our oceans rising three feet from snow and ice melt….. Yep, we will be adding three more feet onto of the tops of the dikes… New Orleans, without question is the biggest money pit in the world!

Now let us move over to Galveston Island, Texas. It is a barrier island that is just about 2/3 the size of the island in Alaska that wanted a bridge. It does have a population of just under 60,000 so that makes it the winner.

In three years it has felt the effects of Hurricane Rita and slammed into by Hurricane Ike. The cost of cleanup and repair will cost a few billion dollars.

Now everyone knows that Interstate 45 goes across a series of small islands to connect to Galveston Island. This includes a number of bridges. One would not have to be too smart to figure out that the bridges cost nearly as much as Alaska’s bridge to “nowhere!” That is if figured at the same “today’s dollar” formula.

Now we will allow people to build back onto a barrier island, commit billions to it, and then watch some hurricane rip it apart again. The cycle will repeat itself over and over, as Mother Nature decides to.

To me it all comes down to “whose backyard is the sandbox in!” The bridge in Alaska would have been there for maybe 50-75 years. Yet in the same time we will spend several hundred times that in rebuilding a barrier island and a sinking city!

Obama - Not Even His Heavyweight Senators Helped Him

The following is a list of the most powerful committees in the US Senate. Listed are the most ranking members of those committees, including the chairman. Also the years the senator has served is noted in years. To the right of that is the name of President who was in office when the senator arrived.

The reason all of this is shown is for the reader to consider that Barack Obama is serving on two of these, equal to John McCain. However, with four years in the senate (only two with him present as he has spent the last two running for President) he has little to no clout to these veterans. A good chance he has little understanding of the fully workings of these committees.

Outside of Senator Ted Kennedy, not one of the senators is as liberal as Obama. Hence, Obama will have a difficult time reaching across his own party to sell his agenda. Reaching into the Republican side of the isle will be impossible!

One has to wonder why Obama could not get any of his changes before these committees when he was even showing up in the Senate? Obama, if he was a real leader, would have gotten some of his things through the senate. But I guess no one was listening, including his fellow Democrats.

Senate Appropriations Committee- Every government agency and those seeking earmarks depend on the Senate Appropriations Committee for annual funding. This committee is the banker of congress as it requires their approval to release funds for spending.
Chairman Sen. Robert Byrd (D) – 50 Yrs – Eisenhower
Member Sen. Daniel Inouve (D) – 46 Yrs - Kennedy
Sen. Pat Leahy (D) – 32 Yrs - Ford

Senate Rules and Administration Committee- This committee has the control the rules of floor debate and contested elections. Senate Rules has oversight over the Federal Election Commission, the agency that regulates campaign financing.
Member Sen. Robert Byrd (D) – 50 Yrs - Eisenhower
Member Sen. Daniel Inouve (D) – 46 Yrs - Kennedy
Member Sen. Chris Dodd (D) – 28 Yrs - Carter


Senate Budget Committee - Member of the Senate Budget Committee has the responsibility of ensuring that government spending levels are in line with federal revenues. That means evaluating the president's annual funding proposals and making sure that both the legislative and executive branches stick to their goals of balancing the budget and reducing the federal deficit.
Chairman Sen. Kent Conrad (D) – 22 Yrs - Reagan
Member Sen. Robert Byrd (D) – 50 Yrs - Eisenhower


Senate Finance Committee - The senate tax-writing committee effects banks, insurance companies, real estate agents, accountants, and securities and investment firms. Decisions by Senate Finance Committee members affect a lot of companies' bottom lines. Senate Finance also has jurisdiction over Medicare, Social Security, health care, and international trade.
Chairman Sen. Max Baucus (D) – 30 Yrs - Carter
Member Sen. John Kerry (D) – 24 Yrs - Reagan

Senate Armed Services Committee – This committee provides senate leadership on new weapons systems and spending.
Chairman Sen. Carl Levin (D) – 30 Yrs - Carter
Member Sen. John McCain (R) – 18 Yrs – Ranking Member – Top Repub. – GHW Bush
Member Sen. Robert Byrd (D) – 50 Yrs - Eisenhower
Member Sen. Ted Kennedy (D) – 46 Yrs - Kennedy


Senate Health, Education, Labor and Pensions Committee - The Senate Labor and Human Resources Committee devotes its time to health, education, and workplace issues. It is the committee that generates proposals to change the health care system, the minimum wage, working conditions and compensation, and welfare and labor laws. The committee is also responsible for how the Food and Drug Administration operates, including the process for approving drugs and medical devices.
Chairman Sen. Ted Kennedy (D) – 46 Yrs - Kennedy
Member Sen. Chris Dodd (D) – 28 Yrs - Carter
Member Sen. Barack Obama – 4 Yrs – GW Bush


Senate Commerce, Science, and Transportation Committee - The Senate Commerce Committee has jurisdiction over some of the country's most powerful industries. These include telephone utilities, broadcast and cable companies, airlines, and tobacco and computer companies.
Chairman Sen. Daniel Inouve (D) – 46 Yrs - Kennedy
Member Sen. John Kerry (D) – 24 Years – GHW Bush
Member Sen. John McCain (R) – 18 Yrs – GHW Bush


Senate Foreign Relations Committee - The Senate Foreign Relations Committee makes decisions on foreign aid and policy. This committee also plays a key role in renewing the trade privileges of other nations and expanding membership to the North Atlantic Treaty Organization
Chairman Sen. Joe Biden (D) – 36 Yrs - Nixon
Member Sen. Chris Dodd (D) – 28 Yrs - Carter
Member Sen. John Kerry (D) – 24 Yrs – GHW Bush
Member Sen. Barack Obama – 4 Yrs – GW Bush


Senate Judiciary Committee - The Senate Judiciary Committee oversee federal court system. Their jurisdiction covers such issues like bankruptcy, immigration, copyright, and antitrust.
Chairman Sen. Pat Leahy (D) – 32 Yrs - Ford
Member Ted Kennedy (D) – 46 Yrs - Kennedy
Member Joe Biden (D) – 36 Yrs - Nixon


Senate Banking, Housing, and Urban Affairs Committee - The Senate Banking Committee has jurisdiction over the nation's financial markets, banks, and insurance companies. The committee also oversees mortgage insurance, credit unions, and housing projects. All of these interests are part of the finance/insurance/real estate sector.
Chairman Sen. Chris Dodd (D) – 28 Yrs – Carter

Obama - On Veterans Affair

Presidential candidate Barack Obama offers in his “Blueprint For Change” a number of things to assist our veterans of our various military organizations. While America, as a country, has not rewarded our brave former military members fairly for their service Obama is hardly one to carrying the banner for them.

In his “Blueprint For Change” the following is reprinted from it.

AT A GLANCE

A Sacred Trust
Barack Obama believes America has a sacred trust with our veterans. He is committed to creating a 21st Century Department of Veterans’ Affairs that provides the care and benefits our nation’s veterans deserve.

Help for Returning Service Members
Obama will improve the quality of health care for veterans, rebuild the VA’s broken benefits system, and combat homelessness among veterans.

Improved Mental Health Treatment
Obama will improve mental health treatment for troops and veterans suffering from combat-related psychological injuries.

THE PROBLEM
Wounded Troops Suffer
The Walter Reed scandal showed that we don’t always provide returning service members with the care they deserve.

Veterans Budget Shortfalls
In 2005, a multi-billion dollar VA funding shortfall required Congress to step in and bail out the system.

Benefits Bureaucracy is Broken
There are currently more than 400,000 claims pending with the Veterans Benefits Administration. VA error rates have grown to more than 100,000 cases a year.

There is a Shortage of Care for PTSD
Veterans are coming home with record levels of combat stress, but we are not adequately providing for them.


These are all noble and warranted commitments, make no doubt about it. However, Obama has served on the Senate’s Veterans' Affairs Committee for nearly four years. This is the very committee that proposes changes to the VA, holds investigation hearings on VA issues, and is the chief congressional proponent on VA issues.

Obama has attended less then 50% of their meetings and has offered nothing to correct any of the issues he claims he cares so deeply about now. This is one more piece of “something for everyone” dribble from Obama.

He had four years to show some kind of leadership on VA issues and showed zero.

Obama Should Ask Sen. Chuck Schumer What Is Going On

Sen. Chuck Schumer, democrat, sets as the Chairman of Banking, Housing, and Urban Affairs. He has been the chairman for the past two years and has been the ranking member for many years before that. This is one of the most powerful committees in congress.

Democrat Sen. Chuck Schumer also sets on the powerful committees of finance, judiciary, and rules and administration. Every one of them has extreme control and power within the walls of the Senate Chambers.

The Senate Banking Committee has jurisdiction over the nation's financial markets, banks, and insurance companies. The committee also oversees mortgage insurance, credit unions, and housing projects. All of these interests are part of the finance/insurance/real estate sector. History shows members of the committee often receive more political donations from areas they oversee.

A seat on the Senate Finance Committee guarantees members that they will attract generous donations from banks, insurance companies, real estate agents, accountants, and securities and investment firms without even asking. This committee writes and proposes tax writing bills so the fore mentioned groups have a great deal in the interest in their work.

The Senate Judiciary Committee members may attract hefty donations from lawyers, whose courtrooms they oversee, they also draw money from other interests that care about the use of the nation's justice system. This includes financial sector which often finds itself at odds with stockholders with regards to mergers and other transactions.

The Senate Rules and Administration Committee in its self does not control much in proposed laws. However they control the rules of floor debate so the very life or death of bills and amendments is held in their hands.

Now we look what companies, via executives have doled out the bucks to Senator Chuck Schumer. Since the start of 2007 Citigroup ($81K) investment banker, UBS ($80K) investment banker, Paul Weiss ($67) lobbyist, Benson Kasowitz ($64K) lobbyist, Met Life ($59K) insurance, Goldman Sachs ($58) investment banker, Morgan Stanley ($57K) investment banker, Lahman Brothers ($54K) investment banker, Merrill Lynch ($50K) investment banker, and JP Morgan ($48K) investment banker have pumped money into Schumer’s coffers. The fore mentioned looks like the “whose who” of banks that are in trouble! Schumer is not up for re-election until 2010.

Just maybe this is a reason there has been no hearings into the banking problems that is affecting every American today. Maybe Obama should be asking Schumer what the heck happened, over yelling it is all President Bush’s fault. Schumer did not and does not need the President’s approval to hold meetings, to investigate the banking industry.

Tuesday, September 16, 2008

Obama - Has No Clue On Fannie or Freddie

While many remember “the good old days” under Bill Clinton they fail to understand it was under his watch and his leadership that started us down the road we set today. What is even more troubling is Obama offering the voters much of the same as Clinton did. Obama shows a lack of leadership by not even knowing the following details with regards to Fannie Mae and Freddie Mac.

1- Bill Clinton proposed the concept of getting “lower income” earners into home ownership. He championed, from the oval office, that Fannie Mae and Freddie Mac purchase and guarantee “subprime” loans. It required Fannie and Freddie to accept these loans as part of their business operation.

2- This caused the start of a “housing boom” that carried into the early 2000’s. House values exploded, by percentage of value that had never been seen in US history.

3- These “subprime” mortgage loans where bundled and sold as securities to nearly ever major banking institution around the world. That is why the damage appears to be so wide spread.

4- In 2004 congress was warned that there were severe accounting problems within Fannie. This was presented to congress by Office of Federal Housing Enterprise Oversight a office under the control of President Bush

5- In September of 2004 the top two executives at Fannie Mae resigned.

6- In February 2005 Office of Federal Housing Enterprise Oversight seeks further investigation into the operation of Fannie Mae.

7- The congressional elections of November 2005 turned control of congress over to the democrats. This put the chairmanships of all committees in the senate under democrat leadership.

8- In June of 2006 the US Securities and Exchange Commission appeared before the senate subcommittee stating the settlement had been reached with regards to accounting problems with Fannie Mae. But noted continued concerns and the senate failed to follow up on those concerns.

9- The subcommittee and the senate as a whole did not pass any additional oversight for Fannie Mae or Freddie Mac

10- In late 2007 Sen. Charles Schumer (NY), and other top Democrats from congress pushed Fannie Mae and Freddie Mac to purchase additional “subprime” mortgage loans to stave off bankruptcies.

11- It started out as a fairytale and has now turned into a living nightmare.

Summary – While it fits Obama to yell that President Bush is at fault the truth is far from it. Former President Bill Clinton opened the “pandora box” and congress REFUSED to close it. Obama has been a member of congress since 2004 and there is zero evidence he ever spoke out about the problems with Fannie Mae or Freddie Mac. As long as they added money to his campaign fund everything was fine.

Here are news stories from various outlets that date back in time before several media outlets added spin to their stories.

9-23-2004 Washington Post - http://www.washingtonpost.com/wp-dyn/articles/A41165-2004Sep22.html

2-24-2005 Washington Post - http://www.washingtonpost.com/wp-dyn/articles/A47843-2005Feb23.html

10-17-2005 AP Wire Story - http://www.freerepublic.com/focus/f-news/1504347/posts

5-23-2006 Los Angles Times - http://www.washingtonpost.com/wp-dyn/articles/A41165-2004Sep22.html

6-15-2006 U.S. Securities & Exchange Commission - http://www.sec.gov/news/testimony/2006/ts061506cc.htm

11-15-2007 CNN Money - http://money.cnn.com/2007/11/15/magazines/fortune/fannie_losses.fortune/index.htm?postversion=2007111509

Obama - Lack Of Knowledge Or Fear Mongering?

It is easy to set on the sidelines and say anything you want to put fear into people is plain wrong! Obama continues to spout that all the problems where created by the Bush administration. It is easy, but for people that really care to understand should set back in their chair and truly reflect on the troubling issues we face.

The Current Crunch Of The Financial Sector –

While Obama claims the failure of Lahman Brothers was due to President Bush is more then far fetched, it is plain stupid. But to be honest would not serve him and his pursuit of the top job in the United States. He refuses to accept that he holds a job in the US Senate that could have investigated this business. He refuses to accept his running mate has served longer time in the senate then his opponent, yet Biden stood by.

In the last two years the Democrats, who have held every senior level position in congress, and they where not interested in any reform. Keep in mind Obama, Joe Biden, and John McCain all where active Senate members. Neither Obama nor Biden, both part of the Democrat majority, failed to offer any proposed laws to correct this. The reason why is the no one knew outside the glass walls of Lahman Brothers.

Keep in mind ONLY CONGRESS can pass laws. They pass the regulations that Lahman Brothers must operate under. The President and any of his officials can not supersede the laws congress passes in monitoring what any business does.

If a person was to check that during the last two years Obama was the NUMBER ONE person, of the 24 people seeking the office of President, in collecting campaign dollars from Lahman Brothers. As of today, Of all the companies that have failed, or are rumored to be in deep trouble, Obama is the NUMBER ONE recipient of campaign dollars. Only Hillary Clinton collected more money from one of these companies over Obama. John McCain drew pennies from these companies when compared to Obama’s dollars.

Think about your 401-K

Everyone that has a 401-k savings account took a hit yesterday. This is a real key to understanding how well Lahman Brothers hid the financial mess they where in. Most people having a 401-k have all or a share of their money dedicated to be invested in “financial investments”, or “banking companies”, or “financial companies.”

Your money is lumped with thousands of all people and is sent to a mutual fund company. They invest the tens of millions of dollars they have come in. Most of their company profits are derived from a small percentage of the profits they make for each of us. Hence, their motive is your motive.

The head of these various mutual funds can nearly destroy a company they have invested in by pulling their funds from that company. Hence these companies CEO, CFO, and other top management are always available to these mutual fund managers. The mutual fund managers have more access to these people then any member of congress or even the President of the United States.

Mutual Fund managers watch minute by minute what these companies are doing. An example would be if they hear about some senior executive may be leaving they are on the phone wanting to know all the details as to why. They then decide if they want to keep the mutual fund money with the company or move some of it out. If they hear about financial problems they are all over it.

Now consider the mess at Layman Brothers. Layman Brothers must have hid their problems very well as to keep it from such great mutual fund managers, who can sniff out problems better then a hound dog on the trail of a raccoon, is clear.

The senior executives of Lahman Brothers have acted in a criminal manner. Sadly there is not way to recover the billions of dollars investors have lost. It does not save the thousands of jobs of people who worked hard and in an honest fashion for them. Besides going to jail these executives should loose every penny they have.

So before everyone buys into the simple garbage Obama is spitting out is to think about how well they hid it from the people that know the business multiple times better then congress and President Bush. Their senior executives purposely hid the truth. If Obama was president he would be setting in the same position as President Bush.

Obama - Call Clinton On Demise Of Fannie, Freddie, and Lahman Brothers

While Obama has proved he was wrong about the crashing of Fannie Mae and Freddie Mac. Had he had is staff research, since we know he doesn’t do his own work they would have learned their idol Bill Clinton set the policy, procedures, and signed the HUD bill that laid to the nightmare we face today. He would also know that government oversight of both Fannie and Freddie is limited by congress.

Clinton can duck, he can run, and he can talk all he wants but the facts are this nightmare was his idea. He pushed congress to enact new laws that provided that marginal credit risks could purchase homes. These became known as subprime. This means they do not meet the standards of normal loan qualification standard. Of course people, on the outside thought the word meant “less then perfect” over “less then normal minimum standards.

We all know the Washington Post is a left leaning newspaper that often curves stories to their political belief. However, on June 10th of this year they wrote a pretty solid story on the subject. There are quotes from people who worked in the HUD department, under Bill Clinton that they blew it.

It appears, by the story that President Bush tried to slow down the nightmare. But because of the way Fannie Mae and Freddie Mac is set up by law, they do not have to directly follow the orders of the President. The law with regards to the operation of the two was set up by President Clinton, and approved by Congress.

While the talking media, print media, and Obama shoot their mouths off that this all belongs on President Bush’s desk are plain wrong. Placing blame on McCain is unfair as it would be unknown to him and congress was what Fannie Mae and Freddie Mac where actually doing behind their closed doors.

Here is the link to the Washington Post. It explains in detail how Fannie and Freddie failed but also provides how banks like Lahman Brothers got wrapped into this mess.

http://www.washingtonpost.com/wp-dyn/content/article/2008/06/09/AR2008060902626.html

Monday, September 15, 2008

Obama - One More Sugar Daddy Bites The Dust

While Democrats are back slapping themselves over the tremendous amount of money Obama is raising they have failed to ask themselves a couple of questions. Where is all this money coming from? Who is really dumping all this cash in this race?

While in the early days the Obama machine relied on appealing to small private donors who chipped in the five, ten, and twenty bucks to start him rolling was noble. While that appeal still continues it just does not add up to over 350 million dollars.

Obama introduced a new angle to the fund raising scene this election. Instead of taking money from companies, via their lobbyist he is taking the checks directly from the executives and their cohorts. This allowed him to embellish the number of contributors and hide where the money was coming from.

So who is this hour’s Obama sugar daddy to bight the dust? Well sadly it looks like Washington Mutual is in deep trouble. It is unknown at this hour if they will survive or not.

To demonstrate how screwed up Washington Mutual is to look who the top brass and the other members of the band mainly supported. Sen. Chris Dodd, a democrat, was in and out of the race almost as fast as Joe Biden.

Now Washington Mutual was not flush with cash, now we know why, they still lined the campaign coffers of the Democrats, the best they could. Dodd hauled down 35% of the $66,000 plus they sent out.

Behind Dodd was Obama with a 25% share and Hillary Clinton scooped up 15%. John McCain managed to make off with less then 2% of the flash money.

I have figured out a new way to play the stock market and win. Find out who did not overload Obama’s and Clinton’s coffers and buy their stock. If Obama and Clinton show up as top picks of political money then you best pass it by.

Councilwoman Goldner - Hello The Real World Is Calling

Fort Wayne City Council member Karen Goldner posted on the Allen County Democratic Party’s official blog a statement that shows she really is out of touch once again. She is showing she is needs to educate herself on the facts or stop passing around unfounded Obama talking points

So here is her post and my comments.

One hates to use the term "meltdown".....
A few random thoughts on our economy:
Does the failure of gynormous financial institutions to exercise any reasonable amount of prudence, leading to their collapse and threatening the entire economy make you MORE or LESS likely to think we should privatize Social Security? I'm just asking.

Are you kidding me… A 3rd grader could take the Social Security funds to the neighborhood bank and do two things. The first would be to put all the money in a savings account and earn more money. The second is the 3rd grader could figure out if they want the money to grow for 30-40 years down the road that they could not dip into the account whenever they felt like it. Of course the kid was not the Democrat who first dipped into the Social Security account and has continued on. The Republicans do not get a pass on it either they as they did not stop it when they could have and even are known to draw down on this cash cow.

If you can remember back that far, you might recall that McCain economic advisor Phil Gramm was the key sponsor of the 1999 law that allowed banks to enter the commercial investment and insurance markets. That law repealed the Glass-Seagel Act which had been enacted during the Great Depression as a response to the collapse of the U.S. banking system. The '99 law worked out nicely for Sen. Gramm, who left the Senate for a lucrative banking job, but perhaps not so well for the rest of us.

First she does not know the Gramm act she is trying to talk about is the Gramm-Leach-Bliley Act. Yes the same Gramm that is now working with John McCain. But she forgot that the Leach is one and only Rep. Jim Leach (R), from Iowa. You know Karen, the one you and your fellow Democrats fell all over yourselves when he spoke before your Democratic convention a few weeks ago. The third was Rep. Tom Bliley (R) from Virginia.

Second, the bill was passed both houses by overwhelming numbers. It sailed through the senate by a 90-8 vote. Which I think means a big bunch of your fellow Democrats jumped on board.

Third, the act was signed by one President Bill Clinton. You remember him being the Democrat who could of have vetoed this BAD law that would have avoided today’s nightmare!


And in case you were wondering, John McCain still thinks our economy's fundamentals are strong. (P.S. If you watch the video you might ask yourself what exactly is McCain going to propose to prevent this from happening again? His economic philosophy is the philosophy that got us here.)
Posted by Karen Goldner at 05:51 PM
Permalink Comments (0)


While many of are hurting but let us look at the big picture that McCain is talking about. McCain has clearly stated we hurting but the sky is not falling. We have problems to address and all of them will not be a quick fix. I am not so sure after today, but let us look at the real facts.

Phil Gramm is really Dr. Phil Gramm – PHD in economics. He taught 12 years at Texas A&M, economic business consultant for 10 years to some of the largest companies in the United States, former VP at UBS. He is highly regarded by many in congress representing both sides of the isle. Those who disagree with him often lack any real credentials to do so, and do it from afar.

He was asked to become an advisor for McCain because of his understating of economics within the United States, the world, and their intertwined relationships. While many economic professionals have a solid understanding of US economics or world economics few have the deep understanding how the two often meet at the hip.

Now let us look at the facts.

Our exports are at near all time record levels. Our exports to Canada, Japan and Europe where at record levels for the first six months of the year.

Foreign investments into the United States at the highest level in decades.

Trade deficits have shrunk despite increasing imports of higher oil prices.

Outside of the financial segment of United States businesses have return moderate to fairly strong returns on investment.

Despite the mortgage crisis and the high prices of fuel the US economy grew 1% in the first half of the year.

Now those are the facts! It does not make many of us feel better when we think about our own little world. I know I don’t feel that warm and fuzzy but the thing is I also see hopes in those things are ticking forward, ever so slowly.

I personally think Gardner either jumped the gun by not doing her research before she typed away, or was just wanted to pass on Democratic talking points sent to her by Obama’s camp, or is clueless. I hope it is not the last one!

Hines - Mayor Henry and Obama Not Held To Same Standard

Before we get to the issue of this post you need to understand where I come from. I am a white male in my late fifties. I was born and raised in the southeast side of Fort Wayne. In my youth I lived in white neighborhood and parent’s house was within a quarter mile of the city limits. The closest I recall any African-Americans living to us was nearly a mile away. I did not know an African-American until I was in high school. African-American issues where something that never came up in our house until the 1960’s. I can not remember my mom or dad saying good or bad things on this subject.

So my education of the plight of the African-Americans came via the black and white television news (when reporters reported the news and did not spin it), the local newspapers, and AM radio (yes, they had real news shows). I remember Life magazine being around the house so I am sure it had some influence on me as well.

I could write a book on my views but let me share this quickly and move on.

Frankly I am tired of anyone who attempts to compare anyone to Dr. King and others like him of the 1960’s. Those people are the only people in my lifetime that “showed up for a gun fight without a gun!” They fought nearly daily battles and lost many. But they never gave up, they never packed it in, and they ended up winning the noble war they declared.

They are in a class of their own and no one, and I mean no one, can even think they are on equal footing with them. Yes, they “talked the talk” but they also “walked the walk” for the millions that have followed. Many have come since that have talked the talk, but could only take a baby step compared to these people.

Now to the focus of this post----

City Council member Glenn Hines ripped Fort Wayne Mayor Tom Henry on the hiring of African-Americans into his staff. While I disagreed with Hines’ as to his timing wrong and even his method of delivery of his message but I will defend him in his right to say it.

Here is quote from his chastising comment to the Mayor.

“I just don’t trust that this administration will do the right thing based on their record in the nine months that they have been in office. They’ve let down the African-American community in not having a single African-American at a department head and there’s been empty promises and I don’t see any commitment like I seen with the Lebamoff administration, even the Helmke administration, Win Moses’ administration, even Graham Richard’s administration.”

However, Hines comes up short and clearly indicates he wished to only to embarrass the Mayor. Hines apparently does not speak out across the board to all those who fail to follow his beliefs. Hines has never made a public statement about the Obama’s so few African-Americans in his campaign operation.

Obama has fewer then three people, in public speaking rolls, which represent his campaign at the national level. Obama has a nearly an all white staff that works out his National Headquarters in Chicago. That his office is located in the highly upscale and high rent district of North Michigan Avenue, just north of the Chicago River. The area is known is Chicago as the “magnificent mile.”

I will again defend Hines right to say what he did about Mayor Henry. But not to do the same to Obama would tend to show Hines lives by a double standard.

In July, Obama appeared before a group of youths at the NAACP convention in Ohio. He talked about the great mach on Washington back in the 60’s that demanded justice and jobs for blacks. Yet, he hardly tries to promote such with in his own campaign.

Why does this concern me? I wonder what really are the motives Hines and Obama? How can I trust them on issues I do not understand because the ones I do I know, they are not true all the time?

Obama Ends Affair With Layman Brothers

It appears Obama’s close ties to Lahman Brothers came to a crashing end today with the announcement of Lahman Brothers bankruptcy filing. Until recent weeks Obama’s door was open to some of Lahman’s most senior executives in discussing banking and investment issues with his most trusted advisors. While the national media seldom, if ever, covered these stories, little tidbits would come and go in trade publicans dealing with financial issues.

The only trail left now is to “follow the money” to see that Obama’s door was wide open to people from Lahman Brothers. So far (as of 7-31-08 federal campaign reports) Layman Brothers had dumped nearly one million dollars on people running for the office United States President. Twenty-four people started the race and two remain.

Joe Biden, Hillary Clinton, and Obama where graced with nearly 60% of Lahman Brother connected money. Obama was bestowed with the second largest share of 27% of the million dollar “pot of gold!” The only person gathering more was Clinton, who was earmarked with more then 30%.

In trying to cover all their bases those connected with Layman Brothers shipped John McCain a tad over 10% of their money. Many financial companies found McCain not their liking as he agreed with their thoughts some times and at others strongly opposed them. He was not a sure bet to protect their interests.

Look at this way when Layman Brother connected people passed their money around. Hillary got a quarter and a nickel out of every dollar, Obama then had a quarter and two pennies set in front of him, and McCain was left with a thin little dime. Even Biden, who lasted only through the Iowa caucus, was handed two cents of every dollar!

Like so many things in life the truth often shows it way by following the money and not the words of the speaker.

One More Of Obama's Supporters Biting The Dust

AIG American General, one of the largest insurance companies today announced they will be restructuring in an effort to survive. The chance of making it is unknown at this time.

What is troubling is “following the money”, that often leads to political influence, lands at the door step of the Democrats, Obama, and Hillary Clinton. In 2000 and 2004 presidential election cycles the fore mentioned decried President Bush from accepting money from AIG.

Based on federal filings, of campaign donations, the Democrats have captured the lion’s share of money being passed around by AIG employees. Of over $250,000 in donations Obama was lavished with nearly 30% of their money, Clinton coffers obtained 18 % of the AIG money, and Joe Biden’s short run for president campaign still obtained a nickel of every dollar AIG passed around. Out of the 24 people seeking the United States’ top elected position these three grabbed over fifty cents of every influencing attempting dollar from AIG.

It appears John McCain was not much of a blip on AIG’s radar as he only captured 14% of their money. It should not be a surprise as McCain is often at odds with the insurance industry on a number of fronts. With today’s announcement by AIG it appears McCain may have been right about the industry.

Saturday, September 13, 2008

Obama's Shine The Light - Very Dim At Best

The text appearing in blue is the direct and complete section from Obama's "Roadmap To Change" platform. No words, sentences, or paragraphs have been left out. Comments are below each section and are in black.

BARACK OBAMA’s -
Shine the Light on Federal Contracts, Tax Breaks and Earmarks

Create a Public “Contracts and Influence” Database: As president, Obama will create a “contracts and influence” database that will disclose how much federal contractors spend on lobbying, and what contracts they are getting and how well they complete them.


Oh, how the words sound so great and produce so little for the public. After studying Obama’s campaign of raising money this is the perfect ticket for nearly NO transparency.

Hard to believe? Then read on!

Lobbyists are tied to “special interest groups” that may represent the auto industry, health care, air transportation industry, AARP, teachers, defense equipment manufactures, some foreign government, and so forth. Did you notice that only one of these groups would even fall under “federal contractors?” The rest are not even in play under Obama’s plan. They get a free pass.

One way Obama has avoided “taking lobbyist money” is to take it directly from the CEO’s and top management. The number one person receiving donations from Fannie Mae and Freddie Mac people is Obama. Yet you do not find the money listed under PACs (Political Action Committee) or lobbyist on his reports.

Obama is also the largest recipient of donations from Blue Cross Blue Shield of California. He is the largest single recipient of donations from four of the largest health care insurance companies in this country. Get the point…. He avoided the “lobbyist” tag and tried to hide the fact from the general public, the best he could. He laundered the donations to make it appear he is something he is not.

Even to carry out this “Contracts and Influence” Database will require the highering a fair number of federal employees to pull the data together, enter it into the database and maintain it. How the contracts are graded, based on completion is unknown, as there is no fixed set of rules, there no grading system, and no system of collecting the data.


Expose Special Interest Tax Breaks to Public Scrutiny: Barack Obama will ensure that any tax breaks for corporate recipients – or tax earmarks – are also publicly available on the Internet in an easily searchable format.

Any special taxing of the business sectors, regardless if good or bad would fall into this. There are a number of Internet web sites that already do this, on a daily basis. They are watchdog groups who do it and it is paid by private funding. This would be a case of duplicating what the someone in the private sector is already doing and would require the highering of more federal employees.



End Abuse of No-Bid Contracts: Barack Obama will end abuse of no-bid contracts by requiring that nearly all contract orders over $25,000 be competitively awarded.

Besides slowing down government response even more, increasing the number of federal employees, and closing out more small business of the process it seems like a good idea. Say What?

If anything the federal government already has an over burdensome system of bidding for most small contract work. Nine out of ten small businesses wishing to do business with the government give up because of just getting qualified is not worth the financial cost.

Bid contracts take some time to write up the specs, a required period of time to accept bids, review the bids, announce the bids, publish bids prior to final award. That should only add a few months to every government purchase.

Most are “screw ups” and not abuse (people carrying this out can be fired) are just that. Hurricane Katrina proved can happen. Did lower level employees of FEMA do it on purpose? I don’t think so. Just like I would not assume if your boss gave you two hours to find and buy six pairs of Sarah Palin style eyeglass rims that you could at the lowest possible price. You could end up paying more then you would have if given a day to search. Plus, if the frame house knew you had only two hours, and most of that time was up, they may gouge you some.

The other time is during war time. Some say President Bush allowed for such abuse during the early part of the Iraq war. It sounded like it to me but you know what? Congress never held any real formal investigations and never even took a letter of censure to the floor of congress. So I think it was posturing by those who opposed the war.

So this entire idea of Obama’s will call for the additions of no less then dozens of people to process and manage such. We may save a million dollars a year by this but spend twenty-five million doing it.




Sunlight Before Signing: Too often bills are rushed through Congress and to the president before the public has the opportunity to review them. As president, Obama will not sign any non-emergency bill without giving the American public an opportunity to review and comment on the White House website for five days.


Here we go again.

There are watchdog groups, depending on what the bill deals with, on the Internet. Most of them offer free access and they review bills and provide insight into what it does.
By the time it would ever get to Obama’s desk would be a little too late. Then again maybe he will let whoever has access to the Internet have a vote on the bill. Who ever gets the most votes will decide if it gets signed or not. Now that will show some real leadership and stepping up to the plate!



Shine Light on Earmarks and Pork Barrel Spending: Obama’s Transparency and Integrity in Earmarks Act will shed light on all earmarks by disclosing the name of the legislator who asked for each earmark, along with a written justification, 72 hours before they can be approved by the full Senate.

A law that has been tried many many times before and rejected by Congress time and time again! The votes are not even close!

This bill does not end or even curtail earmarks. It gives the public notice, but it sure does not say some public access Internet database either. Maybe it will be written on a calk board, just outside the janitor’s room, at the far end of the hall!

You want to stop them then give the President the same rights that governor of Alaska has. The governor can reduce the amount or strike it entirely on a line by line basis. That would stop earmarks because the BUCK STOPS AT THE PRESIDENTS DESK!

Again we will have to hire more people to track and publish this information to some unknown place

Obama's Lobbying Plan - Talk Is Cheap

The text appearing in blue is the direct and complete section from Obama's "Roadmap To Change" platform. No words, sentences, or paragraphs have been left out. Comments are below each section and are in black.

BARACK OBAMA’s Lobbying Plan
Shine Light on Washington Lobbying

"Centralize Ethics and Lobbying Information for Voters: Obama will create a centralized Internet database of lobbying reports, ethics records, and campaign finance filings in a searchable, sortable and downloadable format."

"Require Independent Monitoring of Lobbying Laws and Ethics Rules: Obama will use the power of the presidency to fight for an independent watchdog agency to oversee the investigation of congressional ethics violations so that the public can be assured that ethics complaints will be investigated."

Obama proposed this in the Ethics Law he co-sponsored to the US Congress. This was section was stripped from the proposed law, by his fellow DEMOCRATS. Without a change to the law, only one item from above is under his control. He could have the campaign finance filings listed on the Internet, as they are public information. It would be a waste for the federal government to do so, as several Internet websites already provide it FREE.


"Support Campaign Finance Reform: Obama supports public financing of campaigns combined with free television and radio time as a way to reduce the influence of moneyed special interests. Obama introduced public financing legislation in the Illinois State Senate, and is the only 2008 candidate to have sponsored Senator Russ Feingold’s (D-WI) tough bill to reform the presidential public financing system."

What Obama is proposing with regards to free television and radio time is from the extreme left side of the DEMOCRAT party. In his proposal for every hour some radio or TV show provides a liberal or conservative show the opposite side would be ENTITLED to equal free time on the same station. NOT ONE television network, including cable channels, or radio station have endorsed this. Jointly a majority of Republicans and DEMOCRATS reject this.

Obama started his run for President of the United States saying he would abide by the existing presidential public financing laws. But just a couple of months ago he said he would not take any money through the public financing. This released him from meeting the lower standards of the existing laws., which he claims he wants to make stronger! It would have limited him in the amounts of money he could take from certain groups and how much TV and radio time he could purchase. John McCain agreed to abide by the public financing laws and currently is working within the current public financing law.

In summary, the odds of Obama getting any of this past congress is slightly above zero. If it does, it will not be remotely close to what he is proposing as it will be gutted out again by the DEMOCRATS. Obama opted out of the current public financing law and trying to find support to pass a tought versions will not happen.

Thursday, September 11, 2008

Military Families For Obama - Not

Every person who is connected to someone in the National Guard or a Reserve Unit should think long and hard before they vote. They should shut out the talk from both sides and do their own research because the lives of their beloved military member may be at stake.

When President Clinton was in charge he cut our standing troop level in by nearly half. He cut our military from well over 700,000 strong to less then 400,000. He cut off nearly all purchases of “hardened” Hummers for the army. He cut funding for army choppers, APCs, and everything needed by our “troops on the ground.”

The Navy was gutted of ships that support the Army and Marine segments of our military. The Air Force was gutted. He even gutted the Coast Guard to the point they could not patrol our shores on the same basis as they had before because they could not purchase the fuel.

Some advanced weapons systems still in development stage were mothballed. Other proposed systems where killed before prototypes could be even built. This resulted in the deaths of troops in Iraq because they where not available.

We, the general public never paid attention, as Clinton took this money and more to finance his social projects. Congress, from both sides of the isle went along with this. Enough Republicans joined Democrats to allow this to happen. We made a mistake, but do we want to make it again? There is balance between both but gutting is not the way.

We can argue the point of the Iraq war but the real discussion is do we have a military that can provide our troops the best and afford them to carry out their mission.

While Obama has said he will add fewer then 80,000 full time military, it would not cover our needs of today. We still would be rotating Guard and Reserve units through the Arab world. Maybe each member would serve one less tour of duty, but we still would be ripping them from their homes, families, and jobs. This was never the purpose or design of these support units to be mainline front line full time troops.

Under Obama’s plan he would allow little spending on new advanced weapons to protect our military troops. It would be, what you have is what you get!

Obama’s says he will cancel contracts on “wasteful” weapons systems. Everyone of the new advanced weapon systems can be lumped into such. It all falls on the eyes of the beholder. Obama has no background, concept, or any advisor on his staff that would be qualified to understand such systems. This is life and death and not one of picking something off the shelf that looks nice!

Keep in mind Clinton cut funding for the “predator” unmanned vehicle. Had he not done this, the weapon system would have continued to be advanced and would have been in the hands of our troops when the war started. It saddens me to think of the dozens and maybe hundreds of Americans that would be alive if Clinton had not gutted the spending on just this project.

Obama’s entire message to the voters is social programs. Pick up a copy of his platform or go to his website and read up. Please read it from one end to the other. He promises something to everyone and tells you 5% of the taxpayers is going to pick up the entire price tag. You decide if that is even possible and then vote. Everyone is not going to get something and more then 5% of taxpayers are going to pay for it.

One of the few projects he supports is the new refueling plane. One has to wonder if he supports it so much because Boeing’s office in Chicago, his home district?

Earmarks - Obama vs. Palin - Real Facts About Them

1- Earmarks are financial requests MADE BY SENATORS to the federal budget bills in congress.


2- Earmark requests go DIRECTLY TO A SENATOR from the officials of towns, townships, cities, counties, social programs, and schools. They DO NOT FUNNEL THROUGH A STATE GOVERNOR to the senator!


3- Every educated person knows earmarks are part of the sad game Congress requires lower level government units to play to get federal funding for many projects. It is not if a local government or elected official likes the idea of earmarks because it is the only way and the rules that the SENATORS CONTROL!

4- At the local level every elected official has a moral obligation to seek federal funding when they can, in an attempt to get some of their federal tax dollars returned to the locals. SENATORS FORCE them to do this because of way they run congress.


5- SENATORS REFUSE to change the laws to make the distribution of federal funds more equal to all units of government.

6- SENATORS COLLECT THE REQUESTS that come into their office and submit them to the budget bills.


7- SENATORS USE EARMARKS as a method to attempt to influence voters in upcoming elections.

8- SENATORS VOTE on the spending of federal money on earmarks. They can stop any earmark they want with a simple vote.


9- SENATORS USE EARMARKS as a method as “payback” to some local elected officials for their political support in recent elections.

10- MORE SENATORS have been charged with crimes in their handing out of earmarks then the local officials in requesting them.

In these ten bullet points does anyone see where a GOVERNOR is responsible for earmarks? SENATORS are responsible!

Like all of us are taught by are parents when we where little. Play by the rules. If the rules are wrong, then change them. SENATORS make the rules with regards to earmarks and not some governor!

Wednesday, September 10, 2008

Obama - Blueprint To Nightmare Part 1

Why Obama Scares Me - Part One - About Me

Anyone that knows me knows that I am from the middle with a conservative leaning. I have been passionate about programs/laws that have been brought forth by both parties. Over my life I have even endorsed the concepts forwarded by third party candidates. I am not sure if that makes me a maverick, independent, or some crazy but none the less here are my thoughts.

I honestly believed Hillary Clinton would be carrying the flag for the Democratic Party. I never believed Barack Obama would even be a top contender within his party. My reasoning was he lacked experience in all areas of government. He had zero management time, no time working within a budget, making a budget, and no true leadership rolls in his employment history.

I remember him from the 2004 Democratic Convention. He was good speaker but was not even in same league as John Kennedy, Ronald Ragen, Dr. Martin Luther King, or Bill Clinton. Each of these people had great strengths and weaknesses but each of them had a unique quality Obama lacked. They “talked the talk” but they also “walked the walk.” Because of his lack of experience, Obama could not even “crawl the crawl!”

As I watched the primary races come to past I started to wonder what where these people thinking? This guy comes out of Illinois with little record and was elected to the US Senate four years ago. That he had spent nearly all of the last two years away from the US Senate. He seldom returned to Washington to cast votes on key issues to represent the people of Illinois.

When he ended up with the nod of the Democratic Party I figured he would select Hillary Clinton. I knew it would be difficult, but she afforded a more moderate part of her party, was a woman, and knew her way around congress. Being the wife of former President Bill Clinton gave her eight years of highly insightful observation and sometimes hands on to the workings of our government. She was someone who had been a senator since 2001. Let alone she had a highly active role in Bill Clinton’s holding the office of Governor of Arkansas.

The thing I thought would be a problem for him selecting her was drive. While I do not agree with many, if not most of her ideas, I respect her for being the one out front on the issue. If the issue was going to succeed or fail she was going to be out there. I saw that as a problem for Obama, as she could overshadow him and his desire to be in the limelight would clash.

I believed Bill Clinton could also be a problem for Obama. Bill Clinton likes to speak his mind no matter what. While this trait is often welcome, Clinton’s view points could be possible troublesome for Obama down the road.

When Obama selected Senator Joe Biden from Delaware I first thought what the heck. The only thing he brings to Obama is someone who often makes the news, not so much for his views, but for his verbal attacks on people. Plus, he had a history of making “stupid” comments that played well on the news.

Biden was one that the media seldom went running to when they where looking for view points from key senators. When a group of the “top” democrat senators would appear before the microphone to explain their position Biden was seldom among them. Right or wrong, I had always perceived him as someone with tenure in the senate, but not a shaker.


Then it dawn on me that many in the media was saying that Mitch Romney was going to be McCain’s running mate. Biden could portray being a person of much less means then the often referred to rich Romney. Biden is one of the few that could get into a jousting verbal match with Romney and come close holding his own. So Biden seemed to make sense based on that limited criteria.

Because I did not know much about Obama I started to search the Internet. I first checked out some blogs that portrayed him the greatest thing since “sliced bread” to those that did not put him much higher then squashed ant. Postings on both sides seem so far over the top that they did not warrant further consideration for a source of information.

Then I started to google his name and other key words. I generally kept my looking at postings from mainstream media groups. This included the major television networks, cable news networks, and newspapers. While knowing all of them had their various political agendas, I read everything I could.

Well, I started become very concerned about the makeup of Obama. It was not what took place “on stage” before the public but what went on behind the scenes. I believe accidents happen and people are sometimes in the wrong place at the wrong time. But when a pattern keeps repeating itself and huge holes exist in a highly public life one has to wonder about what is the real makeup of the person. However, I am not going to dwell on that point now but will spell these issues out in later posts.

The next few posts deal with Obama's published “Blueprint For Change.” It can be viewed online at his site at http://www.barackobama.com/pdf/ObamaBlueprintForChange.pdf

What I am going to deal with in the next few posts is WHAT IS MISSING and not so much what is there. The only reason to walk you through this is to show how a carefully crafted document can mislead people.

We all have our hopes and with the condition of our country is working through we all are desperate for a brighter day. So it is natural to be pulled to a person who can deliver a smooth talking speech that sounds like that person has all the answers.

In everyday life situation we would be scared to death if a contractor came to our house to put in some new windows and he said to get your business he will put a new roof on and put up shutters for no extra money. Keep that logic in mind as you follow along.

Monday, September 8, 2008

Knuth Joins Gardner Is Out Of Touch

They always say first impressions are most often right. I should have kept mine of Kevin Knuth once I read some of his postings on the official Allen County Democratic Party blog. But no, I though he had matured to be able to see the big and entire picture. Well, in the last two weeks he shows he is out of touch with the truth and understanding.

It first started when he decided to post a link to the age old hack attack on John McCain. It is the sickening one that shows the deadly fire on the USS Forestall that killed so many brave young Navy sailors. The site tried to blame the fire on McCain, who was a pilot on one of the planes involved.

I emailed Knuth on this subject and I believe ask him for any place in the “real world” where McCain was found to have caused this deadly fire. I am not sure I asked him to remove this crap but one would think he would have, but didn’t.


Now he has shown he is he has no understanding of people talking strait. In his latest post:

Oh yeah....she's ready to lead........
Looks like Sarah Palin
needs to learn about the mortgage business.
Posted by Kevin Knuth at 04:48 PM
Permalink

Link here:
http://allencountydemocrats.typepad.com/allen_county_democratic_p/2008/09/oh-yeahshes-rea.html

He posted a link to ABC News. This starts out with this;

A Confusing Comment on Fannie & Freddie From Gov. Sarah Palin

September 08, 2008 2:56 PM

Natalie Gewargis-->Saturday in Colorado Springs, Colo., Alaska Gov. Sarah Palin said, "The fact is that Fannie Mae and Freddie Mac have gotten too big and too expensive to the taxpayers. The McCain-Palin administration will make them smaller and smarter and more effective for homeowners who need help."

"Too expensive to the taxpayers?"

They're private entities.

Though they're private entities ultimately backed up by the taxpayers.

He is poking fun somehow at Palin’s quoted comment of, "Too expensive to the taxpayers?"

Guess what Knuth? You will make a perfect County Council member of spending tax dollars like they are free and pouring off the printing press. What you missed is she was dead on!!!! If you would have watched Fox News over CNN you would have learned she was so right. Then again, she does not use the twenty minutes to promise the world everything but takes two seconds to say the facts.

By the way read down to the next post to see whose election campaign got the most money from these two “seized” companies.

OBAMA BEST BUDDY OF FANNIE MAE

While Obama has been running a campaign of "for the people" may be soon crashing. Sarah Palin may not even be a factor.

He opened his campaign to millions of people, via the internet, seeking their small donations to fund his “for the people” campaign. He raised untold millions taking the hopes of these people to what he promised "CHANGE." What they are getting today may bring them to their senses that Obama is the typical political hack out of Chicago. Who will say anything and do anything to get their vote. Let alone their hard earned money, if he gets elected.

Most everyone here in the United States has known for a couple of months that the mortgage companies where in deep trouble which includes both Freddie Mac and Fannie Mae. Congress has known for much longer that these two companies where in deep trouble.

Well today Fannie Mae and Freddie Mac where taken over by the government. That the stock holders where left with nothing and US could have slipped into a depression even worse then rocked the US back in the 1930’s. Had the government not stepped in untold US banks would have collapsed within days, weeks, or a few months. There is not enough money is the government bank insurance plan to cover people’s savings. Oil would have been the least of our problems. I know this comes a shock but wait a few weeks as more details come out. Oh, this is not Bush's fault if you look at the Fannie & Freddie are setup with little oversight from the feds.

So how does Obama play into this?

Well out of the nearly two dozen candidates running for president he was number one in the hearts of Fannie Mae. Out of the top 100 contributions Obama received 56 checks for a total of $64,000. Sadly, John McCain’s campaign took 4 checks for $3,300. The top brass over at Freddie Mac did not hand out as much money as of 7-31-08 (last available data available until 9-30-08 for the August figures). Out of 91 listed contributions Obama took down 35 of them for $29,000. McCain received 8 checks for $7,900.

Here is a interesting list of donors Obama collected from before his run for president. Keep in mind he was a freshman senator with no zero influence in the senate.

Goldman Sachs (Investment Bankers) $693,830
JPMorgan Chase & Co (Investment Bankers) $454,921
Lehman Brothers (Investment Brokers) $365,922
Moveon.org (Internet) $347, 483
Morgan Stanley (Investment Banker) $314,638

My guess is Obama, if confronted by media, will say he did not know about it. Then followed by the money is being returned and he will throw one more body under the bus for accepting such.

As for McCain, I think he owes an explanation as well.

Guess who was right behind Obama? Come on and take a wild guess! OK, here is a clue. She is a Democrat. Go figure!

OBAMA Picks McCain - What A Surprise

Oh how Obama changes his speak in a little over four months. He is running around in every major city, small town, and small hall yelling that John McCain is like President Bush. What is funny just four months ago he was saying that McCain, Hillary Clinton, or himself would make a better President of the United States


Keep in mind back in April there was a whole host of Democrats and Republicans still in the race. But he picked John McCain.


Oh, how Obama flips around just to fill the people with what they WANT TO HEAR over what they NEED TO HEAR.


From ABC News 4-20-08


ABC News' Eloise Harper and Sunlen Miller report: Sen. Barack Obama, speaking in Reading, Pa., said that John McCain would be better than President Bush, and Hillary Clinton used the line as an opening to attack both Obama and McCain.


"You have a real choice in this election. You know, either Democrat would be better than John McCain, but, and all three of us would be better than George Bush," Obama said. "What you have to ask yourself is who has the chance to actually really change things in a fundamental way? So that 10 years from now or 20 years from now you can look back say, 'Boy, we really moved in a new direction and we've put the country on a better path.'"

OBAMA - Vote For Me Or You Don't Vote

Obama has shown that following the wishes of the people is only valid if they happen to be his views. As human nature we calulate what a person will do in the future based on what they hve done in the past. Seldom is this wrong!

Read the following and then ask yourself the following question. If the race is close in November will he launch a team of hundreds of laywers to strike thousands of votes across america because someone may have signed their name where it was suppose to be printed and printed where it was suppose to be written? Is this the type person you want to be the next President of the United States?

Keep in mind this is the same person who has often spoken of getting thousands of poor and disadvanaged signed up to vote.


From CNN Politics.com – May 30, 2008

In his first race for office, seeking a state Senate seat on Chicago's gritty South Side in 1996, Obama effectively used election rules to eliminate his Democratic competition.


As a community organizer, he had helped register thousands of voters. But when it came time to run for office, he employed Chicago rules to invalidate the voting petition signatures of three of his challengers.


The move denied each of them, including incumbent Alice Palmer, a longtime Chicago activist, a place on the ballot. It cleared the way for Obama to run unopposed on the Democratic ticket in a heavily Democrat district.


"That was Chicago politics," said John Kass, a veteran Chicago Tribune columnist. "Knock out your opposition, challenge their petitions, destroy your enemy, right? It is how Barack Obama destroyed his enemies back in 1996 that conflicts with his message today. He may have gotten his start registering thousands of voters. But in that first race, he made sure voters had just one choice."


Obama's challenge was perfectly legal, said Jay Stewart of the Chicago's Better Government Association. Although records of the challenges are no longer on file for review with the election board, Stewart said Obama is not the only politician to resort to petition challenges to eliminate the competition.


"He came from Chicago politics," Stewart said. "Politics ain't beanbag, as they say in Chicago. You play with your elbows up, and you're pretty tough and ruthless when you have to be. Sen. Obama felt that's what was necessary at the time, that's what he did. Does it fit in with the rhetoric now? Perhaps not."


The Obama campaign called this report "a hit job." It insisted that CNN talk to a state representative who supports Obama, because, according to an Obama spokesman, she would be objective. But when we called her, she said she can't recall details of petition challenges, who engineered them for the Obama campaign or why all the candidates were challenged.


But Will Burns does. Now running himself for a seat in the Illinois legislature, Burns was a young Obama volunteer during the presidential candidate's first race.


Burns was one of the contingents of volunteers and lawyers who had the tedious task of going over each and every petition submitted by the other candidates, including those of Alice Palmer.
"The rules are there for a reason," Burns said.


He said that challenging petitions is a smart way to avoid having to run a full-blown expensive race.


"One of the first things you do whenever you're in the middle of a primary race, especially in primaries in Chicago, because if you don't have signatures to get on the ballot, you save yourself a lot of time and effort from having to raise money and have a full-blown campaign effort against an incumbent," Burns said.


Burns said he believed that Obama did not enjoy using the tactic to knock off Palmer.
"It was not something he particularly relished," Burns said. "It was not something that I thought he was happy about doing."


But Obama did it anyway, clearing the field of any real competition

Goldner - One More Campaign Payoff

On Tuesday the Fort Wayne City Council will vote to decide to over ride Mayor Henry’s veto of creating a new board exclusively to oversee the Fort Wayne Fire Department.

The new “Fire Board” will take over the work the Board of Safety has done for decades. While this new board was debated before the council there was not one case presented where the Board of Safety made an error. There was no listing of any chronic problems the Board of Safety.

Here is the deal. Currently the Board of Safety is composed of three appointed people by the Mayor. Recently Mayor Henry expanded it to include five members. The additional spots where filled by a retired police officer and retired firemen.

The new “Fire Board” would have five members. Three members would be picked by the Mayor and two remaining spots picked by the firemen. So any time an issue came up if the two union firemen did not agree with the Mayor all they needed to do is sway one of the tree other members to vote with them. In a nut shell, the Mayor no longer had true control over terminations, suspensions, working rules, and so forth. All three of his appointments would need to agree to carry out the wishes of the Mayor or the Fire Chief.

Keep in mind conditions for termination, suspension and work rules is part of the contract the firemen have with the City. The board only agrees if any violation took place.

This is going to add one more layer of government in the way of the new “Fire Board” and give the Mayor and his Fire Chief less control over it. Also this board will need materials, meeting place, someone to type up papers and so forth there is a few thousand dollar annual cost. That is unless the city has to pay the fire fighters when they are at the meetings or doing work for the board. Then we could see this new board costing maybe ten grand a year.

The police still operate under the Board of Safety and one can guess, and rightfully so, they will want a board set up the same way. I would guess it would be called the Police Board. As outlined above the Mayor will loose control and the city is faced with maybe an additional ten grand a year. It would take an unamaious vote on behalf of the Mayor's appoitment to to make sure the Mayor's wishes are carried out.

Coming to the station under the influence, which if I am right, draws a suspension and possibility of being fired. With the new make up the firemen charged by the Chief and is one of the “good old buddies in the union” he may not serve any suspension. The two firemen vote to take care of their buddy and only need one of the Mayor’s three appointments to “protect” the guy.

Goldner was endorsed by the fire fighter’s union when she ran for the 2nd district council spot. I BELIEVE BUT NOT DEAD NUTS SURE that the union also gave her a financial donation. That some firemen may have assisted in her campaign and this may be in kind donation.

I am not sure if any other council members received the fire union endorsement or financial donations to their campaigns. That would be for them state in public over people having to go and retrieve campaign records.

One has to ask the following:

1- If a person receives a campaign donation directly for union or its political action committee would a council person have to excuse them self from voting?

2- Unless there is some legal reason, to which the public has not been told about then why is this being done? There appears to be nothing wrong and there is a binding contract in place that limits what the Board of Safety can do. So what is the problem?

3- Adding two boards with ten members the cost (if officers and firemen are paid) couple approach ten to twenty grand when everything is figured in. In tough times is this what we want to saddle on the public?

4- This action will reduce this mayor’s and all future mayors’ control over these two very public departments. Is that what council wants for now and in the future?

One would hope that after thinking about this that members of council support the Mayor and veto this bill.

Sunday, September 7, 2008

Goldner Needs To Talk To McCain

Here is City Councilwoman Karen Goldner’s post on the Democratic Party of Allen County blog.


September 06, 2008

The "E" Word


We have heard a lot about the Republican convention this week and congratulations to our friends on the other side of the aisle for a nice event.

Predictably, we saw lots of pageantry (nice touch on that backdrop for McCain's speech, but hey - mistakes happen.) We also heard lots of talk about their candidates and lots of criticism of Barack Obama. So far, nothing to be surprised about.


But what did we NOT hear? We did NOT hear about what the Republicans plan to do for working families and to get the American economy back on track. That is too bad, because that is what this election should be about. In a democracy, politican campaigns should be about ideas. Both sides present theirs, and the voters can decide which they like better.

But this year, you don't get to hear about the Republican plan for the economy. I guess when the Republican candidate believes that the economy is fundamentally sound, as John McCain has said, there's no need to worry about it.


If you believe our economy is fundamentally sound, please raise your hand.

I thought so.


Posted by Karen Goldner at 02:47 PM Permalink

Now it seems Mr. Goldner is trying to say the economy is in trouble and people are hurting. I think most of us agree!

I guess there is a difference in the Democrat ranks is that once you are elected to office then there is NO ECONOMIC problems if you are spending other people’s tax money. Because just three weeks ago she was trying to convince fellow council members and Mayor Henry’s officials that it would be a wise investment to spend maybe a million dollars more on an IT contract to support a local company. Then again she did not share with the public that one of the three subcontractor companies involved, included a friend of hers, as reported on the Angry White Boy blog.

“… It should be noted that Stacey Smith, the President of Prairie Quest Consulting is friends with Karen Goldner.”

Oh well, Goldner has shown in recent days integrity and being candid is no longer part of her makeup. If you see her, ask her about using the party’s blog to post a link to an Alaskan blog that was breaking the news via a comment about Sarah Palin’s fifth child was not being hers, but that of her daughter.

After posting a reply on the site and writing her an email of being outraged she said she did not intend for people to see that particular comment. Even though it was located in the top half of the posted comments, she claims it was not her intent! She did not edit her post saying anything about that some information may be in error or unfounded.

There are dozens of blogs in Alaska but somehow she found that particular one, at that very time, to let others know what “friends” in Alaska where saying.

Getting back to the subject is great to know is the economic condition of one of her friends was going to get a great deal better if she could only have swayed the council and the Mayor's officials.

Hay throwing taxpayers under the bus is no problem. Look at the friends, former supporters and voters Obama has tossed under the bus in the last ten plus years. No big deal!

If she had taken off her Donkey Ears maybe she would have heard McCain address the issue. See, McCain can not promise everyone everything (the world is great)! He has to address these complex issues and that takes more time then a ten second sound bite.

One More Scare From The Obama Camp

Let us play the stupid Obama’s extreme leftist idea of what happens if John McCain dies while serving as President. They try to portray a Sarah Palin wondering around the halls of the White House in a state of bewilderment. They want you to believe there would be a fog floating throughout the hollowed halls. That one would only hear is a little shrill little voice going “help, help, help….”

Had Obama’s buddies, in the news media, and his staff would have attended U.S. History over Self Promotion class in high school they would have known that our constitution has this 25th Amendment. See. it provides for the new President to nominate a new Vice President. Then both of houses of congress would need to confirm, by vote, the new Vice President.


One has to wonder why the media want to use age, to defeat a healthy and highly productive political official. You can rest assured every one of them would be in court within hours of their employer telling them it was time to move on, as they where too old!

Then again, maybe this is a sad statement about those on the left.

BTW, I have watched Barracudas and I can tell you one thing is do not provoke them! They don't play very nice, when provoked.

Saturday, September 6, 2008

Obama On BioFuel

Obama has slammed McCain for his stance AGAINST the massive, tax supported increase production of befoul, more commonly known as E85 gasoline. McCain screamed, yelled, and kicked his desk that this wrong. That we needed more grown products to produce E85. That the cost of doing such will cost the Americans billions more then it saved.

While rally crowds are applauding Obama for the comment they forget their wallets are thinner because of this stupid spending. Remember this is case where Obama SUPPORTED President Bush and McCain DID NOT!

As they say, “The proof is in the pudding!”

1- The massive use of corn has resulted in lower production of wheat and soybeans. Two other key farm products to feeding America and the world.

2- Farmers have been forced to cut their production of beef, pork, and poultry because of increased feed prices. This has driven up the price of these meats.

3- Even at current manufacturing rates of E85 fuel we can only produce enough corn to support just a tiny percentage of total US needs for gasoline.

4- To convert most cars to be able to burn E85 will cost well over $1,000

So when you are at an Obama rally when he makes this comment and then flashes that smile of his just remember the following. He is smiling because he just conned you! He told you what you wanted to hear and not the hard truth of an honest and open future leader!

IS OPRAH RIGHT???

While many of us know the real reason Oprah Winfrey will not invite Sarah Palin onto her television show, she does have the right to have whoever she wants to have as a guest. People in Chicago know that Winfrey has been a supporter and a major financial contributor to Obama’s campaigns that go back to at least his run for a US Senate seat.

Winfrey used a closely worded press release to be truthful but being less then honest about her decision. In the statement she said she decided she would not use her show to promote any presidential candidate. That is true. What she failed to tell you is prior to his “announced” presidential run Obama has already started forming a campaign committee, filed the paperwork for such, and raised money within the Chicago community. That Obama had already had meetings with many of Winfrey’s rich fellow Chicago friends.

For her to offer that she did not know Obama was going to run for President if false and she knows it. Then again what would you expect out of anyone connected to the Democratic Party of Chicago. The most corrupt political party of any in the United States.

Winfrey may deny that there is internal problems within her staff one would have to surmise that some knew that Obama’s last appearance was nothing more then a “pre-announcement” promotion for his running for office. See, even people on Winfrey’s production company can see the truth, when they know the truth.