Tag: mccain

Senator McCain Warned Americans Of The Pending Fannie/Freddie Financial Fiasco

I heard Democratic supporters blasting away against John McCain for his “Bush” like financial policies and how only Barack Obama has the answers to the current economic crisis facing us due to the collapse of financial giants like Freddie Mac, Fannnie Mae, Bear Sterns, and AIG .

In his speech, which I have included below, McCain somehow managed to predict the entire collapse that has forced the government to bail out (with tax-payer money) Fannie Mae and Freddie Mac and now, AIG.

McCain pointed out the falsification of financial records to benefit executives, including Franklin Raines and Jim Johnson, both of whom are now financial advisers to Barack Obama.

Senator McCain also pointed out the power of their lobbying efforts to forestall oversight over their business practices. He finishes with the warning that proved all too prescient over the past few days and weeks.

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. The report of financial misconduct at Fannie Mae echoes the deeply troubling $5 billion profit restatement at Freddie Mac.

The OFHEO report also states that Fannie Mae used its political power to lobby Congress in an effort to interfere with the regulator’s examination of the company’s accounting problems. This report comes some weeks after Freddie Mac paid a record $3.8 million fine in a settlement with the Federal Election Commission and restated lobbying disclosure reports from 2004 to 2005. These are entities that have demonstrated over and over again that they are deeply in need of reform.

For years I have been concerned about the regulatory structure that governs Fannie Mae and Freddie Mac–known as Government-sponsored entities or GSEs–and the sheer magnitude of these companies and the role they play in the housing market. OFHEO’s report this week does nothing to ease these concerns. In fact, the report does quite the contrary. OFHEO’s report solidifies my view that the GSEs need to be reformed without delay.

I join as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190, to underscore my support for quick passage of GSE regulatory reform legislation. If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole.

I urge my colleagues to support swift action on this GSE reform legislation.

Now I ask you … who is more intuned to the financial pulse of the nation and the problems it is having. Senator John McCain, who warned us five years ago, of this disaster … or, Barack Obama, the Messiah who will step down from his Greek Temple and turn us all into truly holistic, enlightened, spiritual beings singing Kumbaya and chanting, “Hooooopppppeeeee …. Chhhhhaaaaannnngggeee …. Hooooopppppeeeee … Chhhhaaaannnngggeee!

P.S.

Oh Yeah … About TrooperGate … Folks, this is a non-issue. If that Alaskan State Trooper tasered a 10-year old, he should have been fired. More importantly, the governor should have been pushing for it because the troopers work for, and represents, the governor. Regardless of whether the said trooper was a relative, in-law, or a total stranger … he should have been fired

Barack Obama: God’s Chosen Candidate

Nancy Pelosi has announced that Barack Obama is a leader that God has blessed us with!

Maybe Nancy Pelosi actually meant to say … Allah?

Not too long ago, the Global Muslim Brotherhood Daily Report inadvertently disclosed the ties of Mazen Asbahi, a close adviser to Barack Obama, to several Muslim Brotherhood (MB) affiliated groups. This led to Asbahi’s immediate resignation as an adviser to the Obama campaign.

This should cause some alarm among real Americans because of the Muslim Brotherhood’s historical ties to radical Islamic terrorist organizations such as Al Qaeda. Other MB affiliated groups in the United States have been connected to multiple terrorist cases, investigations and convictions.

It is important to point out that this is not simply bashing Barack Obama. The revelation would have been just as serious had Mazen Asbahi surfaced as a member of the McCain camp, Clinton Camp, or any other major political campaign organization.

Typically, the left is already hard at work portraying the entire thing as anti-Muslim bash-fest by the far right (you can read this wildly inaccurate and deceptive piece by James Zogby in the Huffington Post) and, just as typically, are failing to address ANY of the troublesome issues this associations has raised.

The most gut-wrenching decision Obama had to make was to not support the War in Iraq? He wasn’t even a Senator at that time! He didn’t even have to make that decision. That pales in comparison to John McCain’s painful decision to stay in the Hanoi Hilton despite the North Vietnamese offer of early release due to his father Admiral status, because of his sense of duty to his fellow POWs.

At least Obama agrees that there is “evil” in this world, or at least in Darfur and on American city streets. But, according to Obama, we should not confront that evil … because that might make that “evil” more angry … which would, of course, then be our fault. Why are our American streets evil, but the radical Islamists that murdered 3000 Americans not evil? Because, like his Pastor of 20-years … Obama blames America first … he hates America … and wants to change it into something unAmerican …. a socialist, multicultural, globalized non-Nation.

Right now … Kobe Bryant is my hero! He, at least, understands what our country stands for!

In an interview Friday on NBC, the world’s most famous basketball player told Chris Collinsworth how he got “goosebumps” when he received his Olympics uniform. “I actually just looked at it for a while. I just held it there and I laid it across my bed and I just stared at it for a few minutes; just because as a kid growing up this is the ultimate, ultimate in basketball.” The Los Angeles Laker went on to call the U.S. “the greatest country in the world. It has given us so many great opportunities, and it’s just a sense of pride that you have; that you say, ‘You know what? Our country is the best.'”

Mr. Collinsworth seemed either startled or impressed by such sentiment, and asked, “Is that a cool thing to say in this day and age? That you love your country, and that you’re fighting for the red, white and blue? It seems sort of like a day gone by.”

To which Mr. Bryant replied: “No, it’s a cool thing for me to say. I feel great about it, and I’m not ashamed to say it. I mean, this is a tremendous honor.”

Cynics will claim that this is merely about marketing, with Mr. Bryant hoping to use the Games to burnish his public image. On the other hand, he and his rich teammates on the basketball squad are giving up their offseason to play for nothing save possible medals. Mr. Bryant has also been an enthusiastic spectator for other U.S. Olympians, waving the Stars and Stripes at various events.

To the kind of Americans who consider themselves primarily “citizens of the world,” nationalism at the Olympics is déclassé, even embarrassing. We’re with Kobe.

America Has Lost A True Hero!

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Charlton Heston, the actor who played such memorable roles as Moses in “The Ten Commandments” and who met Jesus Christ face-to-face as a Jewish slave in the 1959 film, “Ben Hur,” a role which earned him an Oscar for best actor, died Saturday night at his Beverly Hills home. He was 84-years-old.

Heston “was seen by the world as larger than life,” his family said in a statement.

The actor is also remembered for his political activism, including his involvement in the civil-rights movement and his stand for the right to bear arms. He was at one time a Democrat (before the democratic party took a hard left turn) having campaigned for John F. Kennedy. During the 1972 American presidential election, Heston declared his support for Richard Nixon, the Republican candidate … and later, became a strong Reagan Republican. Charlton Heston marched with civil rights leader Martin Luther King against segregation. And, like Ronald Reagan, served as president of the Screen Actors Guild.

Charlton Heston had a prolific second career as a strong gun-rights activist, and helped to legitimize gun issues in the national conscience.

“He put a good, honest, legitimate face on the great majority of legal gun owners in this country,” said Bob Baumann, a Long Island regional director of the New York State Rifle and Pistol Association.

Heston led the National Rifle Association from 1998 to 2003. In one speech, Heston famously would say that the only way his gun would be taken away is “from my cold, dead hands.

“It put it in those simple terms, ‘You’re not taking this from me,'” said Brian Pemberton, president of the Matinecock Gun Club in Glen Cove. “It put a lot of weight into that feeling. His legacy is that; that he’s a man that stood firm.”

Heston often defended the NRA against attacks from gun control advocates.

Senator John McCain stated that, “Off-the-screen, Charlton Heston was also a real-life leader. He served his country and proudly gave his voice in support of some of our most basic rights.”

Frank Sinatra once remarked that Charlton Heston had better watch out … if he’s not careful, he’ll give actors a good name.

Heston stood opposed to abortion and appeared in the introduction to a 1987 pro-life documentary on late-term abortions.

Charlton Heston also spoke frequently of the culture war waged by liberals. In a speech in 1997, Heston charged that a generation of liberal media, educators, entertainers, and politicians were waging a war against “the God-fearing, law-abiding, Caucasian, middle-class Protestant, or even worse, evangelical Christian, Midwestern or Southern, or even worse, rural, apparently straight, or even worse, admitted heterosexual, gun-owning, or even worse, NRA card-carrying, average working stiff, or even worse, male, working stiff because, not only don’t you count, you are a downright obstacle to social progress,” according to The Times Online.

President Bush, who presented the Presidential Medal of Freedom to Heston in 2003, praised Heston as “one of the most successful actors in movie history and a strong advocate for liberty.”

“He was a man of character and integrity, with a big heart,” Bush said.

I say Charlton Heston was a patriot warrior!

What Is Wrong With America?

Not a damn thing!

… except that we are creating a nations of sissies!

God Bless America

America is an idea … it is a social environment where men and women have the opportunity to go just as far as their intellect and ability will take them. It is a land of equal opportunity for all … not a land of guaranteed equal results for all. In America you have the freedom to succeed … and the freedom to fail.

The problem is not America … it is that we are becoming a society of selfish sissies! The pilgrims who came here had no guarantee of success, nor did the Irish, the Italians, or the Germans; nor did the Poles, the Japanese, the Chinese, or the Indians. They came here and worked hard at their dreams … some of them made it … and some of them did not! That was life!

But if they experienced some hard times, they didn’t whine … and cry … and ask the government to bail them out. Neighbors, family, and friends would chip in and help where they could … shirkers, con-men, and free-loaders would soon be discovered and then sent packing.

However, today we have a growing population of left-wing liberal numbskulls who feel it is somehow the government’s job to provide everybody who is born here, and everybody who crosses our borders, legally or illegally, with a lifestyle of ease and guaranteed happiness.

Well, my friends, that is nonsense. Contrary to what secular-progressive liberal democrats would have you believe, the government cannot guarantee your happiness … or even a life of ease. Life grants us no exemptions! With life comes success, failure, heartache, happiness, tragedy, sunshine, rain, bad times, and good times … for each one of us. That is life! You don’t get to enjoy all the good things in life and simply “take a pass” on all the bad.

But, this seems to be a growing phenomenon in American society. There is a desire by too many members of our society to take all they can get of the “good life” America offers … and simply “take a pass” on anything bad that comes along. It is a phenomenon rooted in the unwillingness by many to accept personal responsibility for their life choices … and then try to shift the blame for their troubles on anyone or everyone else!

mortgage

Here are a few examples of what I mean:

  • If you are facing foreclosure or bankruptcy because you signed a sub-prime mortgage note knowing full well you could not afford the payments in three-years, and you still have a cable bill …. you are part of the problem!
  • If you can’t pay your bills, and you still have lawn service … you are part of the problem!
  • If you just can’t seem to pay your rent, and you have a $250 a month cell phone bill because your kid wants to text his or her friends …. you are part of the problem!
  • If driving a car without air conditioning is somehow beneath you … you are part of the problem!
  • If you are more than 50 lb. overweight, and griping about the high cost of health care, and you don’t mow your own lawn … you are part of the problem!

It is time for Americans to “Man Up,” to “Woman Up,” Your life is your responsibility!

Is McCain America’s Conservative Choice?

McCain - Kerry

Is the republican party dead? If McCain is the candidate of choice for Republicans … then it might as well be! Why do you suppose many left-wing, secular-progressive liberals have said McCain is the one Republican they could actually respect?

Folks, that is not a compliment!

Republicans have become so lost and demoralized by the success of the leftist liberals’ “We Hate All Things Bush” campaign, that they hope to sneak by republican voters with an open-borders, anti-tax cut, anti-free speech, global-warming hysteric, pro-human experimentation … “Republican.”

Do you know what … McCain sounds an awful lot like a liberal Democrat to me.

Remember, being hawkish and supporting the War on Terror does not make McCain a conservative. Recent history show that leftists can be militaristic too (see Stalin, Mao, & Castro).

Looking at the critical issues of our time, and excluding his strong stance in favor of the War on Terror, John McCain is, in reality, a liberal residing a little to the left of John Kerry.

If you ignore his posturing and rhetoric, and look at John McCain’s stance on key issues, you will find that he:

  • denounced Justice Samuel Alito as being too “conservative.”
  • denounced key religious leaders, calling them “agents of intolerance.”
  • supported amnesty for 20 million illegal immigrants.
  • trampled on our right to free speech with McCain-Feingold.
  • opposes water boarding terrorists to save American lives.
  • wants to shut down the facility at Guantanamo and move the terrorists onto U.S. soil.
  • denounced the Swift Boat Veterans for Truth.
  • opposes ANWR and supports the global warming cult.
  • voted in favor of using taxpayer funds to harvest stem cells from human embryos.
  • worried that if Roe v. Wade were overruled, women’s lives would be endangered.
  • attempted to trample on our Second Amendment rights with McCain-Lieberman.
  • voted for an amendment by the notoriously anti-gun Sen. Charles Schumer that would have restricted the legitimate transfer of firearms over the internet.
  • voted to extend the restrictions of the Brady bill to pawn shops and gun repair shops.
  • voted AGAINST efforts to kill the Clinton gun control package during the last Congress.

One of the most important issue for pro-lifers is the Supreme Court. As long as Roe v. Wade remains the law of the land, it doesn’t matter what Americans think. So it is telling that John McCain feels Justice Samuel Alito is too conservative.

John McCain uses the same language all Republicans use when he says that he will only appoint “strict constructionists.” But if he’s going to actually choose strict constructionists, won’t he be choosing judges who will overturn McCain-Feingold …

because … if you actually read the Constitution, you will realize McCain-Feingold is unconstitutional.

In 2004, John McCain spoke out against the proposed federal marriage amendment, saying, it was “antithetical in every way to the core philosophy of Republicans.” How is stopping secular-progressive liberals from redefining a 10,000-year-old institution not part of the core philosophy of being a Republican!

Sorry John, I just don’t see it your way!

Republicans were simply proposing to amend the Constitution, a process the Constitution specifically allows. And most Republicans … other than the ones who supported McCain-Feingold … support the Constitution. You just might say it’s part of their core philosophy.

I bet most of you have forgotten that, back in 2004, John McCain considered running on a presidential ticket with John Kerry! However, once he realized this would probably not help his chances to run as a Republican in 2008, he quickly dropped the idea.

If Hillary Clinton is elected president, we will have a four-year disaster, with Republicans ferociously opposing her, followed by a Republican surge back into power, as we did in 1980, 1994, and 2000.

If John McCain is elected president, we will still have the four-year disaster, but with the Republican opposition in Congress nullified by “our” president. This will then be followed by 30 years of Democratic rule …. because the Republican Party will be, for all practical purposes, dead!

McCain’s liberal stance on many issues is plain to see … if you just look!

Senator Lindsey Graham, another liberal in disguise, stated that the present is a defining moment for the Republican Party … and he is right!

The defining moment is a choice is between a party of McCain’s vision, a party that is virtually indistinguishable from the Democratic Party … or a party that at least tries to maintain a modicum of conservatism.

If McCain loses, hopefully he will switch sides and join the Democratic Party (where he belongs); but if he wins, we can expect to see a mass exodus of conservative voters from the GOP, probably to a third party.