Redistribution of Wealth

I'm all for voluntary redistribution of wealth. I think people ought to be kind to those in need. To make it mandatory is not what I'm interested in. Redistribution of wealth sounds a lot like communism. This polotical system rewards the lazy and obviously effects the motivation of those who may be inclined to work hard. Please consider who you vote for this November.

Listen carefully to the video below.

The Real Story Behind the "Bail Out"

In 1977 President Jimmy Carter sold the "Community Reinvestment Act" to Congress. This bill would require, by law, lending institutions to make low interest, no down payment loans to people in their local communities who where not likely to be able to pay them back. This laid the foundation for the crisis that we are seeing today. Maybe I should say this was the beginning of the destruction of our financial foundation. Government, in doing this, would begin to impose itself in the business of our financial institution. This was the biggest move toward socialism in this country since the"New Deal".



During the Reagan and Bush 41 years, the CRA, in the interest of reducing government interference in free market lending, was loosely enforced by those administrations. A dramatically lower number of high risk loans were made. Enter "Slick Willie". The Clinton Administration stiffened regulation and began strict enforcement of the "CRA". New regulation would make lending institution compliance less subjective and more numerical. Banks could no longer score an A for effort. They had to produce loans. A quota was enforced. This encouraged the involvement of Socialist leaning, foundation-funded, community "Watch-Dog" complaint groups like the "National Community Reinvestment Coalition". To keep the "NCRC' happy, banks like, "The Bank of New York" Pledged hundreds of millions of dollars to left leaning radical community activist groups like ACORN Housing. Interestingly enough this group was largely organized by a community organizer named "Barak Hussein Obama". This amounted to a sort of lending market extortion. If lenders didn't make a quota of these high risk loans and payoffs "NCRC" would blow the whistle and they would be penalized by the administration or perhaps even prosecuted in certain instances by the United States Justice Department. Remember that recently Obama tried to slip ACORN a little more cash in the first version of the "Constitution Extermination Act of 2008" AKA the "bailout" bill.



The pressure put on by laws and regs enforced by the Clinton administration drove lending institutions to make BAD LOANS. That's not "Wall Street Greed" that's "Socialism".



During the latter part of the Clinton administration and the early part of the Bush administration some recognizable names had taken the helm of Freddie, Fannie, and Leahman Bros., names like Franklin Reigns, Jimmie Johnson, and Robert Rubin. Sound familiar? Yep! These guys are now economic advisers to Obama.



By early 2003 these companies had spent years engaged in irresponsible lending and pay off of special interest groups. It had become necessary to hide the damage that such abuse and mismanagement had caused. The Bush administration called for a Congressional investigation into allegations of "Cooking The Books". This was dismissed quite speedily by Congressional Democrats such as future "Finance Committee Leader", Bernie Frank , senator Chuck Shumar and others who said that these institutions were solid. Interesting that the activist group, "ACORN" that is being investigated for fraudulent registration of Democrat voters, was receiving millions from these companies.



In 2005 , as I wrote in a previous editorial, McCain sponsored a bill that would reform regulation on these lending institutions which would relieve demands on these Lenders to make "High Risk" loans and provide oversight as to interaction with special interest groups such as ACORN. The Democrat party killed this bill. Imagine that. They weren't going to surrender their cash cow until they had drained it dry, and taken every dime of political extortion money they could wring out of its dying corps. They'd blame it's death on the current Republican administration,(remember the one who asked for the investigation), and set their party up for the presidency. They could complete their scheme by removing the last traces of "Free Market Capitalism" from it through regulation, and slip a few more bucks to ACORN in the process. At least Barak tried to. Voila'! Socialism! Complete governmental control!



The Democrat Party is in this up-to-their-neck. Their government regulation of this industry has caused this catastrophe and NOT "WALL STREET GREED !" Nice deflection huh? They've blamed it on Bush. It is disgraceful that the Democrats did this right under the Republican's nose. The fault of the Republican party in this whole thing is that their ignorance allowed this to go on. This loan machine was building the Democrat Party by buying Democrat votes and funding Democrat activist groups. This is the same kind of machine Clinton built in Arkansas with the"Arkansas Finance Developement Authority". Look it up. It's Deja vu but on a larger scale. Bill just built the same machine in Washington. Obama is riding Bill's machine. Now with this "bailout" the machine is about to be funded by the American tax payer. The "Constitution Extermination Act of 2008" is the "Perfect Storm" for the Democrat Socialist Party.



McCain can't vote against it. It will look like he's against the little guy. He can't vote against government control. That's what they say we've lacked under Bush. In truth it is extreme Democratic policy and government control established by Carter and Clinton that created the problem.



Government needs to get out of the way with its capital gains and windfall profits tax, put money back into the consumers hands, and let the free market solve this thing! It will hurt but there must not be a "Bail Out". Free Markets left alone will work!

Enjoy the video below!

Michelle Obama's Thesis on Racial Divide in America

In her senior thesis at Princeton , Michele LaVaughn Robinson, the woman who would later marry Barack Obama stated that America was a nation founded on 'crime and hatred'. Moreover, she stated that whites in America were 'ineradicably (incapable of being eradicated or pulled up by the roots) racist'. As a voting resident of Batesville Arkansas you may want to take a glimpse into the past and perhaps present ideology of our potential next first lady. Michelle Obama's senior year thesis at Princeton University had been off limits until after the November 5th election. Her thesis shows a document written by a young woman grappling with a society in which a black Princeton alumnus might only be allowed to remain on the periphery of a society predominantly controlled by people with less melanin in their skin. Part 1 Part 2 Part 3 Part 4

The Presidential Race

I Hope everyone is keeping up with this presidential election. I feel there is more at stake this time possibly than ever before. The choice really seems very clear to me. Sometimes we have to take a close look at History to see where we really are now. Let's review!From 1992 until 2000 we had a president who basically took credit for anything that worked, disowned his failures, and covered up his improprieties...if he could, or should I say until he was caught red handed. Thanks to a "free market" thinking congress however, the economy was good. This president had cut back defense spending and our military/intelligence community to dangerously low levels, and allowed a Terrorist named "Osahma Bin Ladin", who had claimed responsibility for a failed bombing of the "World Trade Center", to escape justice after being targeted no less than 10 times by a CIA task force. During the Clinton administration Americans were attacked by the same terrorist organization approximately five times both on American soil and in various other locations around the world, including at American embassies. Other than this it was a pretty peaceful time.

In 2001 we got a new president. Thank God! Thank God for George Bush! We needed him in September of that same year. Well. You know what happened. I'm thankful that in that dangerous hour we had someone of courage, conviction, and resolve at the helm.He could have chosen as Clinton did, when our fellow citizens and military personnel were attacked during his watch. He could have basically ignored the attacks or merely “rattle sabers by ordering another "Largely Symbolic" bombing run on a suspected terrorist hosting country like Afghanistan. Some say he only did this to distract us from hurricane Monica.

Perhaps the enemy had been testing the waters with the previous smaller attacks. Maybe he assumed that the weakness exhibited by the Clinton administration was indicative of the American frame. Perhaps this enemy was not a student of our history. He might have believed some of the left wing revisionist history which is being largely taught in our schools, particularly in institutions of higher learning. Well, that's a subject for another blog.

George Bush understood this people called America. Though the military had been weakened by budget cuts and closed military bases, he understood that our armed forces were still the greatest on the face of the earth. Bush knew that we the American people could never ignore such an attack against our citizens and indeed our very way of life.

Regardless of what the left says now, "Bush was wrong! Bush was wrong!” a large majority of THEM having the same intelligence voted for the same war and rightly so! After 9/11 Intelligence agencies around the world said that another attack within the next thirteen months was inevitable! Time was of the essence! Hit them fast, and hit them where it hurts! Take out the immediate threat! The past seven years without an attack on American soil proves that this task was accomplished due to the deliberate and decisive actions of the Bush administration, and the great strength and courage of our fierce warriors in uniform.

A good leader understands that fear is the real enemy and in any conflict, "you never let'em see ya sweat." He knew that if the will of the people was broken they would be defeated. It was important that we show the enemy that he had failed! IT MUST BE BUSINESS AS USUAL! Bush is widely criticized particularly by the left during this presidential election, for telling the people to "go shopping or take a trip". This was a morale issue. The people needed to hear it. The left doesn't understand that this attitude, along with the Bush tax cuts and other economic stimuli, is what helped our economy to recover as quickly as it did.

The Democrats realized after George Bush was elected to his second term that it was time for change. Changing the facts that is, or at least the public perception of the facts. The economy was doing great considering the war we were now in. The Democrats and the liberal media had to focus on another issue...the war itself. If they were to take control of congress, they were going to have to continue to exploit our troop's losses and fail to show our enemy and his atrocities in their true light. Instead Democratic Senators like John Mirtha and John Kerry would began accusing and yes even convicting our troops of Horrific Wartime Atrocities before there were even hearings on them. Our soldiers were later exonerated by the way, in case you haven't kept up. They would have to convince the public that, this war, this unjust and even criminal act perpetrated by George Bush was, in the words of Democratic Senator Harry Reid, " lost". They had to make the case that George Bush's party was the party of an unjust and lost war.

This strategy was pretty successful. The republicans lost 30 seats in congress that year. In January of 07 Nancy Pelosi and the Dems took power with promises to tax and penalize the productive, and break the backs of the oil companies. The economy has gotten steadily worse since the Democrats took control. Their threats against the oil companies and productive members of our society in the form of added tax and regulation have caused the markets to wince. These are the things that cause industry to leave. The Bush tax cuts were largely responsible for saving our economy after 9/11 and Democrats have threatened to discontinue them. If the people have more money, they spend more money, imagine that. I think Democrats were absent the day "Supply and Demand" were taught in economics class.

Just in the past few days we've seen the toll that greed and the "democratic socialist" economic philosophy, has had on several big lending institutions. Led by John McCain, the Republicans introduced to the house and senate, the "Federal Housing Enterprise Regulatory Reform Act of 2005", and the Democrats KILLED it. This legislation would have imposed stricter oversight on Sub-Prime mortgage lenders and possibly averted this recent financial catastrophe. The Dems, of course, say that the whole thing is Bush's fault. The giveaway mentality of "Rights without Responsibility" does not work! Health care is a good example. If government provides the health care then they can dictate not only what care you get, but how you should live and take care of yourself.

The God-given rights listed by the Constitution are not "Life, Liberty, and Happiness", but they are, "Life , Liberty, and the Pursuit of Happiness". The gift giver reserves complete power and authority over the size, type, and nature of the gift. The next logical step in this downward spiraling staircase is for the government to get into the house building business on an even larger scale than it is, although I realize that there are already myriads of government housing programs.

To be continued....