The Socialist States of America… or worse

“Only Renelique didn’t arrive in time. According to Williams and the Florida Department of Health, she went into labor and delivered a live baby girl.

What Williams and the Health Department say happened next has shocked people on both sides of the abortion debate: One of the clinic’s owners, who has no medical license, cut the infant’s umbilical cord. Williams says the woman placed the baby in a plastic biohazard bag and threw it out…” MORE

This story, while disturbing should not be surprising to us in the current environment of greed, irresponsibility, and lack of accountability. A young girl doesn’t want the responsibility of taking care of the child that she and her partner created, or the bother of carrying the baby to term and placing it up for adoption; so it’s simple… kill it.

Members of Congress do not want to own up to the responsibility of the financial crisis that they created through poor legislation in the housing and lending markets; so it’s simple have the taxpayers’ bail out the financial markets.

Wall Street and big businesses, such as the auto industry and insurance industry have enjoyed being fat and happy for decades, but as soon as their golden parachutes are threatened, and their bonuses are shrinking, they to look to move the yoke of responsibility from their shoulders to the federal government and ultimately to the next few generation of taxpayers.

We now have a President that is pushing a so-called stimulus package on the country that promises more pork than a South Carolina BBQ and more Government control of the private sector than we have ever seen in the short history if the United States of America. What would John Adams and Thomas Jefferson think about the direction we are allowing our elected officials to move us in?

Healthy children murdered, calls to limit the size of families, Government ownership of the Financial sector and the housing markets… it is begin to sound kind of familiar isn’t it?

It is called China.

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Get the facts before you cast a vote… read this great article.

Do Facts Matter?
by Thomas Sowell

Abraham Lincoln said, “You can fool all the people some of the time and some of the people all the time, but you can’t fool all the people all the time.”

Unfortunately, the future of this country, as well as the fate of the Western world, depends on how many people can be fooled on election day, just a few weeks from now.

Right now, the polls indicate that a whole lot of the people are being fooled a whole lot of the time.

The current financial bailout crisis has propelled Barack Obama back into a substantial lead over John McCain– which is astonishing in view of which man and which party has had the most to do with bringing on this crisis.

It raises the question: Do facts matter? Or is Obama’s rhetoric and the media’s spin enough to make facts irrelevant?

Fact Number One: It was liberal Democrats, led by Senator Christopher Dodd and Congressman Barney Frank, who for years– including the present year– denied that Fannie Mae and Freddie Mac were taking big risks that could lead to a financial crisis.

It was Senator Dodd, Congressman Frank and other liberal Democrats who for years refused requests from the Bush administration to set up an agency to regulate Fannie Mae and Freddie Mac.

It was liberal Democrats, again led by Dodd and Frank, who for years pushed for Fannie Mae and Freddie Mac to go even further in promoting subprime mortgage loans, which are at the heart of today’s financial crisis.

Alan Greenspan warned them four years ago. So did the Chairman of the Council of Economic Advisers to the President. So did Bush’s Secretary of the Treasury, five years ago.

Yet, today, what are we hearing? That it was the Bush administration “right-wing ideology” of “de-regulation” that set the stage for the financial crisis. Do facts matter?

We also hear that it is the free market that is to blame. But the facts show that it was the government that pressured financial institutions in general to lend to subprime borrowers, with such things as the Community Reinvestment Act and, later, threats of legal action by then Attorney General Janet Reno if the feds did not like the statistics on who was getting loans and who wasn’t.

Is that the free market? Or do facts not matter?

Then there is the question of being against the “greed” of CEOs and for “the people.” Franklin Raines made $90 million while he was head of Fannie Mae and mismanaging that institution into crisis.

Who in Congress defended Franklin Raines? Liberal Democrats, including Maxine Waters and the Congressional Black Caucus, at least one of whom referred to the “lynching” of Raines, as if it was racist to hold him to the same standard as white CEOs.

Even after he was deposed as head of Fannie Mae, Franklin Raines was consulted this year by the Obama campaign for his advice on housing!

The Washington Post criticized the McCain campaign for calling Raines an adviser to Obama, even though that fact was reported in the Washington Post itself on July 16th. The technicality and the spin here is that Raines is not officially listed as an adviser. But someone who advises is an adviser, whether or not his name appears on a letterhead.

The tie between Barack Obama and Franklin Raines is not all one-way. Obama has been the second-largest recipient of Fannie Mae’s financial contributions, right after Senator Christopher Dodd.

But ties between Obama and Raines? Not if you read the mainstream media.

Facts don’t matter much politically if they are not reported.

The media alone are not alone in keeping the facts from the public. Republicans, for reasons unknown, don’t seem to know what it is to counter-attack. They deserve to lose.

But the country does not deserve to be put in the hands of a glib and cocky know-it-all, who has accomplished absolutely nothing beyond the advancement of his own career with rhetoric, and who has for years allied himself with a succession of people who have openly expressed their hatred of America.

Should we judge people by the company they keep?

It can be unfair to someone to pass judgment on someone for the company they have kept in their past. Barrack Obama, much like Oprah Winfrey was a member of the Trinity United Church of Christ church that is lead by the controversial Reverend Jeremiah Wright. Reverend Wright is an outspoken, rhetoric monger who has made statements such as: blacks should not sing “God Bless America” but “God damn America,” and that the United States brought on the 9/11 attacks with its own “terrorism.”

Obama has distanced himself form the Rev. Wright. Obama said Wright “is like an old uncle who says things I don’t always agree with.” However, Wright married Obama and his wife, baptized their two daughters and is credited by Obama for the title of his book. Obama should have been questioned about his relationship with the Reverend Wright, and should have been given the opportunity to respond. As we have seen Obama has distanced himself from him. So does the company one keeps shed light on their judgment or lack of judgment?

Let’s look at a few other members of Obama’s company.

Franklin Raines was a Chairman and Chief Executive Officer at Fannie Mae.
Raines was forced out his position with Fannie Mae when auditing discovered severe irregularities in Fannie Mae’s accounting activities. Fannie Mae had to reduce its surplus by $9 billion. Raines left with a ‘golden parachute valued at $240 Million in benefits.
The Government filed suit against Raines when the depth of the accounting scandal became clear.
Raines was also Bill Clinton’s Director of the Office of Management and Budget.
http://housingdoom.com/2006/12/18/fannie-charges/
http://www.ofheo.gov/media/pdf/RainesNOC121806.pdf

Raines currently works for the Obama Campaign as an Economic Advisor

Tim Howard – Was the Chief Financial Officer of Fannie Mae.
The Government Investigation determined that, ‘Chief Financial Officer, Tim Howard, failed to provide adequate oversight to key control and reporting functions within Fannie
Mae,’

Howard resigned under pressure in late 2004, with a Golden Parachute was estimated at $20 Million!

Howard is also a Chief Economic Advisor to Obama

Jim Johnson – A former executive at Lehman Brothers and who was later forced from his position as Fannie Mae CEO.
Investigators found that Fannie Mae had hidden a substantial amount of Johnson’s 1998 compensation from the public, reporting that it was between $6 million and $7 million when it fact it was $21 million.’ Johnson is currently under investigation for taking illegal loans from Countrywide while serving as CEO of Fannie Mae. Johnson’s Golden Parachute was estimated at $28 Million.

Johnson hired as a Senior Obama Finance Advisor and was selected to run Obama’s Vice Presidential Search Committee.

This would make in interesting dinner party… I wonder who would pick up the bill.

tjb