Category Archives: politics

Quote of the day – Maureen Dowd

Obama is still suffering from the Speech Illusion, the idea that he can come down from the mountain, read from a Teleprompter, cast a magic spell with his words and climb back up the mountain, while we scurry around and do what he proclaimed.  Maureen Dowd


Let the lawsuits begin!

It’s almost so ridiculous it’s not believable. The federal government is suing the same banks that we bailed out. The same banks that were forced  by the government – via the Community Reinvestment Act – to make bad loans that customers (who had no business even getting) defaulted on.

So once again, it appears that we will be bailing out Fannie and Freddie, to the tune of over $30 billion. At the same time, they are suing these mega banks which will make the financial sector even more unstable – if that’s even possible.

Fannie and Freddie had other reasons to buy the [bad] securities, Mr. Rood added. For starters, they carried higher yields at a time [before 2007] when the two mortgage giants could buy them using money borrowed at rock-bottom rates, thanks to the implicit federal guarantee they enjoyed.

In addition, by law Fannie and Freddie were required to back loans to low-to-moderate income and minority borrowers, and the private-label securities were counted toward those goals.

“Competitive pressures and onerous housing goals compelled them to operate more like hedge funds than government-sponsored guarantors, ” Mr. Rood said.

In fact, Freddie was warned by regulators in 2006 that its purchases of subprime securities had outpaced its risk management abilities, but the company continued to load up on debt that ultimately soured.

As of June 30, Freddie Mac holds more than $80 billion in mortgage securities backed by more shaky home loans like subprime mortgages, Option ARM and Alt-A loans. Freddie estimates its total gross losses stand at roughly $19 billion. Fannie Mae holds $38 billion of securities backed by Alt-A and subprime loans, with losses standing at nearly $14 billion. NYT

Emphasis mine.


The atheists obsession with Christians

[I]t’s odd that they [atheists] will condemn politicians like Bachmann for bringing God into a political discussion, yet they throw their support behind leaders like President Barack Obama, a Christian who says that he is opposed to gay marriage because “God is in the mix”. (A weak attempt at making his Christianity sound cool).

Hmm, Michele Bachmann is crazy for thinking that there is a God who backs her political agenda but President Obama is just fine even though he’s against letting consenting adults who love each other marry because the same God says no?

Why is it that so many atheists who feel that anyone who believes in God is delusional and should seek help support leaders like President Obama? If believing in God is a sign of mental illness, would you really want a man who is suffering from this delusion to have a nuclear arsenal at his disposal?

One reason is that, like many Republicans, they don’t really believe that Obama is a Christian. Not surprising, considering that this is the man who said that guns and God were something for bitter, small town Americans to fall back on when he said that “they get bitter, they cling to guns or religion or antipathy to people who aren’t like them.” – Daniel James Hayden IV


Quote of the day – George Clooney

Gotta love this guy:

“As for running for president, look, there’s a guy in office right now who is smarter than almost anyone you know, who’s nicer and who has more compassion than almost anyone you know. And he’s having an almost impossible time governing. Why would anybody volunteer for that job?” Mr. Clooney told a news conference.

With geniuses like this guy on his side, Obama’s a sure thing to win in ’12.


We have the same goal. Let’s focus on it.

The goal is to replace Obama next November and at this point there is not one GOP candidate who can do nearly as bad or worse than Obama has done for this nation.

There is no perfect candidate for any one of us. For me, Paul fails hugely on foreign policy; Perry’s immigration policy is hardly what I would agree with; Romney has that suitcase on his back called RomneyCare; Bachmann is just a little too strident. But I’ll take any one of them over Obama, any day. And I’m betting that most Conservatives agree with me – no matter what differences we might have with these candidates, they are head and shoulders better than the man in the Oval right now.

Right now, the democrats (now known as Marxists) are targeting the Tea party and from polling results, it appears it’s working for them.  Fewer people are viewing the Tea party in favorable terms. Fewer people agree with the Tea party message.  This is old news to most of you. But the fact is that the message is being stolen and perverted by the Marxists (once known as democrats) and we need to get that back.  The Tea party are the freedom fighters for all and we have to make that message known. Concentrating on the differences between candidates and not on the president and his Marxist party is to our peril.

I want to see the GOP candidates stop beating each other up and start showing us what they will do differently than Obama. They need to stop sniping at each other and focus on Obama’s failed administration.   We’ve got to be unified against the creeping socialism that is overtaking us or we will be doomed after November ’12.


New stamps that don’t work

The Postal Services created a stamp with a picture of President Obama on it. The Postal Service noticed that the stamp was not sticking to envelopes. This enraged the President, who demanded a full investigation. After a month of testing and $1.73 million in congressional spending, a special Presidential commission presented the following findings:

1.The stamp is in perfect order.
2.There is nothing wrong with the glue.
3.People are spitting on the wrong side.

H/t to my best friend in Georgia!


The Doorbell. Something to ponder.

From the powerline blog:


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