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Is the GOP Elephant Right for the U.S.?

with 12 comments

1920 Election

Until the economy tanked in 2008, I was far too busy working 50-plus hours a week to pay a great deal of attention to politics. It was a secondary avocation, my first being my job. I listened and read relevant information and data to stay informed and developed my own opinions. I learned that most of what politicians say is spin and has about as much truth as a fairy tale.

However, since the Great Recession (does anyone believe it’s not been another depression?), I’ve spent a lot of time devoted to economic research, politics and political foreplay. To say I don’t like what I’ve seen and read mildly puts what I think.

After watching the GOP debates these last several weeks, I really wonder what happened to the thinking person’s party – also known as the Grand Old Party (GOP) of Lincoln and Eisenhower. When did the GOP lose it’s grasp on reality and choose to promote political and economic fantasies. Even Reagan’s top economic advisers excoriate the current GOP.

I spend a fair amount of time reading Frum Forum and find I agree with the economic policies of David Frum far more often than with current GOP politicians. It seems long time Republicans are deserting the GOP in droves because the current coalitions no longer represent them or their traditional conservative views.

Frum, and other traditional conservatives, suggest the GOP has gone off the rails because they cannot admit they were wrong on the economy throughout the 2000s: that unregulated free markets are always self-correcting; that tax policies that favored investors over labor (work) would always provide greater tax revenues; that supply side economics always works in all economic situations, regardless of data to the contrary; that educated immigration harms the economy rather than helps it; that even though the US spends more on health care (currently 17% of GDP while our OECD competitors spend no more than 11% with no better – and often worse- results and causes domestic product pricing disadvantages), it should in no way, via government efforts, be revamped to provide lower costs and improve quality; and that massively cutting government spending during the midst of a deep recession, when unemployment is high, will somehow reduce unemployment.

So, here’s the question for the American people: why do all of the GOP presidential candidates advocate for policies which are proven to be unworkable in the current “lack of demand” economy? How will cutting spending (austerity) that creates more unemployment increase consumer spending and create more demand and employment?

Frum, Bruce Bartlett, and most economists have it right. But the GOP and its base fail to listen. My question is why…and will the economically illiterate, low information voters and diehard tribal Republican coalition require every GOP presidential candidate to follow policies that will harm the economy even further? Moreover, will American voters continue to be deceived by political spin that will further harm their economic status?

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Written by Valerie Curl

November 11, 2011 at 9:37 AM

12 Responses

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  1. You’ve asked some very good questions. What are the answers…? Sometimes a *shrug* is all one can respond with as nothing else seems to make sense.
    There is so much evidence that contradicts the logic of the Republican Party’s economic proposals yet it tends to be dismissed out of hand as biased since it does fit into a particualr mold or pledge.

    Hopefully, before too long we can all come to our senses and realize moderation is a quality we need in our leaders. Hopefully, the loudest voices cancel themselves out as pragmatisim begins to prevail.

    mpbulletin

    November 11, 2011 at 10:51 AM

  2. Your problem is that your questions are based on false premises.

    “Frum, and other traditional conservatives, suggest the GOP has gone off the rails because they cannot admit they were wrong on the economy throughout the 2000s: that unregulated free markets are always self-correcting; ”

    “Unregulated free markets” ?

    Where?

    How can a market be free if the government can force it to make high risk, money losing transactions for political reasons? Take a good long look at the Community Reinvestment Act (CRA), and then ask the question again.

    The failures of the so called “Unregulated free markets” you refer to were in fact due to the governments improper, irrational, and unconstitutional interventions into our economy.

    Since the beginning of the progressive movement in this country, with Teddy Roosevelt, Woodrow WIlson, all the way through to FDR, Carter, Clinton & Obama, intervention based on socialist / Marxist ideology has been screwing up our economy, and each and every time capitalism has taken the blame.

    The GOP’s biggest problem is that it has never been able to communicate with the public the way the democrats have. Its second biggest problem is that many of its leaders are progressives themselves.

    fs

    Swemson

    November 11, 2011 at 6:05 PM

  3. Here’s a more thorough history of the Community Reinvestment Act of 1977. Some areas of criticism as there always is with anything but most certainly not the evil “socialist / Marxist ideology” that has screwed up the economy.
    http://en.wikipedia.org/wiki/Community_Reinvestment_Act

    One interesting thing to note about this piece of legislation is that it has been supported by and evolved through Democratic AND Republican administrations.
    And from the same link above; ” Economists, including those from the Federal Reserve and the FDIC, dispute this contention. The Federal Reserve, having examined the evidence, holds that empirical research has not validated any relationship between the CRA and the 2008 financial crisis. At the FDIC, Chair Sheila Bair delivered remarks noting that the majority of subprime loans originated from lenders not regulated by the CRA, calling it a “scapegoat” and declaring it “NOT guilty.””

    And before criticizing Wikipedia as a source, please review the references cited at the end of the page.

    mpbulletin

    November 12, 2011 at 10:23 AM

  4. Considering the FACT, that lying is an essential part of the progressive’s MO (read Alinsky & Cloward-Piven) the fact that they deny that the CRA is not to blame for the collapse of the Real Estate market is to be expected. It’s no different that the IPCC’s own investigation and subsequent whitewashing of the Climate-gate eMails that clearly demonstrated what a hoax the entire global warming / climate change movement is.

    So you can deny it all you want, but the facts speak for themselves. It started with Carter, but didn’t pick up steam until Clinton got in and strengthened it substantially. The GOP administrations during the time since it was passed didn’t nurture and grow the CRA, but neither did they abolish it. Of course Bush was a progressive himself, so it’s doubtful if he would have, even if he hadn’t been totally preoccupied after 9/11 trying to protect the country from the threats caused by Clinton’s traitorous failure to do his job.

    You probably don’t know HOW the CRA screwed the country, so here’s the details from a paper I wrote on the matter previously:

    Everything about the CRA was wrong. To begin with, it was implemented in a criminal manner. Banks that wanted to be able to offer their depositors the security of the FDIC systemʼs guarantee of their deposits, had to play ball with congress and offer what were basically unsound mortgages to individuals who did not have good enough credit to qualify for them on their own. It was a clear case of extortion because the government basically said give the loans or we’ll pull your FDIC membership, and no bank could survive that.

    During the Clinton administration, a large number of liberal democrats in the congress, led by Barney Frank and Maxine Waters amongst others decided that the federal government had to do even more in order to help lower income people have a chance at home ownership. On the surface, to some observers this seemed a laudable goal. Clearly, if the residents of our inner cities owned rather than rented their homes, they would take a more active role in insuring that these neighborhoods were well maintained, safe and attractive places to live.

    In early 1993 Bill Clinton ordered new regulations for the CRA that would increase access to mortgage credit for inner city and distressed rural communities. The new rules went into effect on January 31, 1995 and featured the following provisions:

    1: Federal home-loan data was to be broken down by neighborhood, income group, and race.
    2: Community groups (like Acorn) were granted the opportunity to complain when banks were not loaning enough to specified neighborhood, income group, and race.
    3: Community groups (like Acorn) that marketed loans to targeted groups could collect fees from the banks.

    According to a Treasury Dept. study of lending trends in 305 U.S. cities between 1993 and 1998 467 billion dollars in mortgage credit flowed from CRA-covered lenders to eligible borrowers. The number of CRA mortgage loans increased by 39 percent. Other loans increased by only 17 percent.

    This artificial (outside of the free market) lowering of the requirements for obtaining mortgage financing of course was not, and could not be made available, only to the poor, as that would have smacked of reverse racism and would clearly have been unfair. These “easy” loans therefore had to be offered to any and all who qualified and wanted to apply.

    In the years that followed, (1998 to 2005), spurred on by Greenspan & the Federal Reserve lowering interest rates to unprecedented levels, thereby making so much money so readily available, a huge number of investors and speculators, who had become wary of investing in the stock market after the dot-com bust and 9/11, decided that the real estate market was the safest place to put their money.

    As real estate prices had already been on a strong & steady rise for several years, when given the opportunity to buy homes, not to live in, but rather as investments to be “flipped” at a profit, for little or no money down, with “teaser” mortgages (ARMʼs) offering as little as 1% & 2% interest for the first several years, speculative investors saw an easy way to make lots of money, with little to no apparent risk and they jumped into the market en masse. As a result, during that period, the real estate market experienced an artificially greater amount of growth due to this new demand for residential properties strictly as investment vehicles. Residential properties in the Phoenix / Scottsdale AZ area were actually appreciating at about 3% per month in the 2 years prior to the beginning of the crash in late 2005.

    In order to meet this incredible demand for product, the builders produced a housing inventory so far in excess of the “real” demand (by real I’m referring to the demand generated by new buyers who were purchasing homes to occupy as opposed to those buying on spec for re-sale), that in Oct 2008, in Ft Lauderdale FL, there were 47,000 condo units sitting unoccupied.

    Similar excess inventory was created in many other locales around the country. Since the quasi governmental agencies, Fannie Mae & Freddie Mac, were obligated to purchase all of these questionable mortgages, the banks and mortgage companies, knowing that they could sell all of the paper they were generating, while earning a huge amount of fee income (from the points & fees associated with purchasing homes), in order to earn even more money from these mortgage generation fees, bent the rules even further, making even more questionable loans to individuals buying homes on speculation.

    Weʼve all heard about people buying homes with no money down, but it went further than that. Unscrupulous members of the industry arranged exaggerated appraisals on some of the homes they were selling so that some buyers even got cash back at the close of escrow. The way they did that was to write contracts at higher than the actual sales prices so that the buyers could borrow more than the actual purchase price of the property, and then receive cash kickbacks at close of escrow.

    Speculators were literally making money on the actual purchase of the property. With no equity in the property, and artificially low adjustable rate mortgages, as long as the market kept going up, everything was fine, and the speculators made money.

    Although originally spurred on by what seems like a noble motivation (helping poor people buy their homes) this experiment in social engineering, for which the left wing of the democratic party bears sole responsibility, led directly to the creation of one of the greatest real estate “bubbles” of all times. Unfortunately all bubbles eventually must burst.

    The thing that started the market moving in the opposite direction was the resetting of all of those adjustable rate mortgages. All of a sudden, speculators who had bought one or more homes strictly as investments, as well as many purchasers of owner occupied properties who were lured into buying more expensive homes than they could really afford by those low teaser interest rates, realized that they needed to sell these properties fast since they could no longer afford the monthly cost of ownership once they had to pay market rate interest on their mortgages… The selling spree began.

    Of course, at that point, it didnʼt take long for the market to realize that there was in fact far more inventory available on the market than real actual home buyers could possibly absorb. Shortly thereafter, the foreclosures started to occur en masse. It was an easy decision for many of these people who had bought these homes as speculative investments. The value of these homes quickly fell below the amount of their underlying mortgages. Since many of these buyers had little or no equity invested in these properties, walking away was easy… At this point, the free-fall of the market really began.

    To pass off the risk, some clever folks on Wall St. got the idea of selling these bad mortgages to investors by securitizing them (packaging groups of mortgages together & selling them as debentures). Since they were hi-risk however, they got the bright idea of selling these “securities” along with “insurance” policies in order to achieve higher ratings and make them easier to sell. The government stepped in again to facilitate this by changing the rules about insurance. The “insurance” policies were therefore phony. The government, complicit in the entire scam, allowed them to call it a “credit-swap” instead of “insurance”, and as a result, they were not required to be secured by adequate capitalization, as called for under insurance industry regulations. This is what caused the collapse of the insurance company AIG, which underwrote the majority of those instruments.

    The financial institutions holding these “securities” (also known as “derivatives”), who HAD to know that their house of cards was bound to collapse sooner or later, were thus able to pass their risk off to others. Spurred on to no small degree, by what we now know was an epidemic of misleading and fraudulent accounting practices by the executives running Fannie & Freddie, most of whom were former members of the Clinton administration, and many of whom became senior economic advisors & fund raisers for Obama, the amount of bad paper that entered the market over the last several years prior to the collapse was truly staggering.

    Just as Obama demonized doctors and medical insurance companies in his efforts to nationalize our health care industry, now, through his surrogates (all the Soros supported propaganda factories, and the Occupy Wall Street gang) he’s blaming all of our economic woes on the big banks and Wall Street. In fact the ONLY big bank that really should be blamed is the Federal Reserve, which also caused the great depression in 1929.

    Every single word we hear, blaming capitalism and the free market system for our problems is a lie. In their defense, some well meaning but naïve individuals on the left believe it, but it’s untrue nevertheless.

    All of our economic woes are caused by our government’s constant interventions into the working of the free market mechanism. To bring this full circle:

    “Frum, and other traditional conservatives, suggest the GOP has gone off the rails because they cannot admit they were wrong on the economy throughout the 2000s: that unregulated free markets are always self-correcting”

    It can be clearly seen that to say the free market “failed to self-correct” is absurd, because the market wasn’t free in the first place. For more insight into why the bankers & Wall St isn’t truly to blame, see my article at American Thinker:

    http://www.americanthinker.com/2011/09/dont_blame_the_bankers.html

    fs

    Swemson

    November 12, 2011 at 3:56 PM

    • Okay Swemson, when you can find an unbiased source for your information please get back to us. “americnathinker” is highly partisan, highly biased blog that has a long history of skewing the reality of situations. I read one piece about how Obama was the worst president since the pre-civil war period. Many holes in that idea were found discrediting its entire premise.
      Once you’re able to find a MUCH more credible source we can continue with this discussion.

      mpbulletin

      November 12, 2011 at 6:45 PM

  5. I just explained in detail how and why the CRA is the direct cause of the collapse of the RE market, which lefties like you blame on capitalism, but you haven’t refuted anything I said or presented one bit of evidence that contradicts it. Instead you reject it on the grounds that AmericanThinker.com is a highly partisan, highly biased blog that has a long history of skewing the reality of situations.

    That’s a pile of crap and you know it. Accusations like that with nothing backing them up are no different than name calling. This doesn’t surprise me one bit, because there is no factual or rational way to support your far left ideology with any intellectually honest argument.

    Besides, AmericanThinker.com isn’t my source. I WRITE FOR THEM, as well as CanadaFreePress.com, FrontPageMag.com, and several other conservative blogs, all of which tell the truth about the progressive left and the charlatan currently occupying the White House, and all of the corrupt and unconstitutional garbage he and his band of Chicago thugs and thieves have been bringing down on our heads.

    Anyone who’s studied Alinsky and Cloward-Piven knows that Obama is deliberately trying to tear down this country and deliver us into the control of the single global government that his pal Soros and the other elitists and sociopaths at the UN are trying to create.

    Nobody even knows who this Marxist community organizer even is. Everything we’ve been fed about him is a lie. He’s clearly never been eligible for the presidency, not because of WHERE he was born (although that too is a mystery since his most recent birth certificate is a proven forgery), but because his father wasn’t an American Citizen. (See Article 1 Sect 2 of The Constitution which requires our president to be a “Natural Born Citizen”, i.e., born here of citizen parents). He uses somebody’s else’s social security number, and has never produced any valid selective service records. His college transcripts are all sealed, and he’s done nothing but lie to the American people from the moment, at his inauguration when he said “I Do” when asked if he swore to protect and defend The Constitution of the U.S… When he did that he committed the felony of perjury btw.

    The truth about the crooked way in which he’s won elections is just starting to come out, and the day to day corruption of his administration is already being laid out in the open for everyone to see.

    As to the political philosophy behind his administration, there’s really no debate. Socialism in its various forms has only failed EVERY time it’s been tried. We’ve seen what happened to the “National Socialists” (NAZI’s) in Germany, in the Union of Soviet Socialist Republics” in Russia, in China, North Korea & Cuba, and we’re seeing Europe’s socialist welfare states collapsing right in front of our eyes today.

    The communists from the cold war are now working against us disguised as (extreme) environmentalists. Their entire program is a hoax based on a series of brazen lies, which Obama still swears by.

    So if you have something to say to support your premise, be specific, and quote facts that back up what you have to say, otherwise you’re just like the “useful idiots” demonstrating on Wall Street.

    fs

    Swemson

    November 12, 2011 at 8:12 PM

    • If for no other reason your inability to make your case without the typical political rhetoric, name calling and adherence to conspiracy theory significantly reduces your intepretations. You actually evoked the glen beck Soros conspiracy. Wow! It is that reason, among others, that prompts me to place MUCH more validity to the wikipedia link I posted earlier along with;
      http://www.businessweek.com/investing/insights/blog/archives/2008/09/community_reinvestment_act_had_nothing_to_do_with_subprime_crisis.html

      http://blogs.wsj.com/economics/2009/02/16/feds-duke-community-reinvestment-act-not-to-blame-for-crisis/

      http://articles.cnn.com/2011-11-10/politics/politics_truth-squad-romney_1_fannie-mae-freddie-mac-fannie-and-freddie?_s=PM:POLITICS

      mpbulletin

      November 12, 2011 at 9:56 PM

    • Additionally,
      http://www.washingtonpost.com/politics/republican-debate-live-fact-checking-the-candidates/2011/10/11/gIQA89skdL_story.html

      “The Topic: The Economy/Jobs

      The Claim: Rep. Michele Bachmann of Minnesota, blamed federal government housing policies like the Community Reinvestment Act and the implicit backing of mortgage firms Fannie Mae and Freddie Mac for the 2008 financial crisis. S lso noted that the Dodd-Frank Act “institutionalized all of these problems hat were put into effect by federal government.’’

      The Background: In 2008 the U.S. financial system was on the brink of failure in the wake of he subprime mortgage crisis. A $700 billion bank bailout was required and awmakers, economists, academics and federal regulators spent much of the next three years attempting to identify the causes of the crisis, which accelerate

      The Facts: While Fannie Mae and Freddie Mac, which were seized in 2008 by the federal government, played a large role in the mortgage crisis due to the volume of loans they purchased that went sour, the nine of 10 commissioners on the Financial Crisis Inquiry Commission agreed that the two mortgage firms were not the cause of the crisis. The majority FCIC report, signed by six Democratic appointees, blamed banks and federal regulators for the crisis. A dissent by three Republican members blamed the crisis on ten factors, with the inflation of the credit bubble by the Federal Reserve serving as the leading catalyst. Fannie and Freddie were not a primary cause, the three Republicans said.

      Research published by the Federal Reserve Banks of San Francisco and Richmond noted that the Community Reinvestment Act, a 1977 law aimed at increasing mortgage loans to lower-income Americans, had little to do with fueling the subprime mortgage crisis.

      The Dodd-Frank Act, enacted by President Barack Obama in 2010, did nothing to institutionalize a government guarantee in the mortgage market. The law largely ignored the mortgage giants.”

      mpbulletin

      November 12, 2011 at 10:03 PM

  6. That’s pretty funny…

    From your source, The Washington Post:

    “The Background: The Fed stretched its emergency powers during the financial panic of 2008 to rescue Bear Stearns Cos. and American International Group Inc. It also created unprecedented lending tools to provide funds to banks, mutual funds and large corporations.”

    The Fed’s so called emergency powers are unconstitutional crap. And creating “unprecedented lending tools” is progressive double speak for “printing money”. They also call it “Quantitive Easing” when in truth it’s merely “devaluation” of our currency. Everything in that article is a lie:

    “The Facts: While Fannie Mae and Freddie Mac, which were seized in 2008 by the federal government, played a large role in the mortgage crisis due to the volume of loans they purchased that went sour…”

    Fanny & Freddie were already under the control of the govt in 2008.. specifically, they were controlled by Franklin Raines, Jim Johnson, and other cronies of the Clintons who raped both entities through various corrupt practices. One thing they did, was restructure their executive compensation rules so that they were paid bonuses based on the number of loans they bought, with no regard to whether they were any good or not… and we now know that far too many were not good.

    IN OTHER WORDS: We had government appointed thieves and liars running those GSE’s (Government Supported Entities) at the same time that socialist legislators like Frank & Dodd were deciding who got the loans in the first place. And CAPITALISM gets the blame for what happened?

    BTW: Did you know that the executive at Fanny who created the actual loan packages & terms was Herb Moses, Bawney Fwank’s live in lover?

    “The Facts: The Fed made loans — it didn’t spend any money, and has said it has incurred no losses. ”

    If you believe lies like that, then I’ve got a bridge I’d like to sell you…

    BTW: If you believe ANYTHING that’s written in the Washington Post, or the New York Times, then you’re not getting an unbiased and objective view of what’s going on….

    Remember, it was the NY Times that said that the record cold temperatures during 2009 were caused by global warming!

    fs

    Swemson

    November 13, 2011 at 1:49 PM

  7. Note:

    (Just in case this is being read by anyone other than Mr. Potato and Ms Curl..)

    Everything you’ve been taught relative to politics, the social sciences and modern history is a lie! Even what you think you know about the civil rights movement is a lie. It wasn’t started by the liberal left, it was started by the Republicans. Do your own homework, and look up who passed the first civil rights laws, and who fought tooth & nail against them…. Get ready for a surprise.

    Everything you’ve been told about the environment is a lie or a gross exaggeration. While there are real environmental problems, like GE’s poisoning of the Hudson River with PCB’s from its upstate NY plants, and like Chevron / Texaco’s massive destruction of the Equadorian rain forest, the vast majority of everything you think you know is a lie:

    1: CO2 is plant food. It’s NOT a pollutant!
    2: Climate change is caused by changes in solar cycles. Man does have a small “local” effect on climate, but human activities both heat and cool the atmosphere, & nobody knows whether our net signature is warming or cooling.
    3: Warming is good. Extreme cooling is the only kind of climate change that’s dangerous to life.
    4: Our fossil fuel resources are the greatest in the world, not very low as the govt tells you, and since burning coal etc doesn’t harm the environment, there’s no reason for us to be playing with solar & wind both of which are far too expensive & unreliable.
    5: The vast majority of air pollution that we experienced in the earlier days of the industrial revolution has already been eliminated. The sulphur dioxide coming from volcanoes is far worse than anything man creates.

    The ONLY road to prosperity is through freedom. If man is left free to pursue his own rational self interest, the wealth he can produce is staggering. Government creates nothing

    “The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary.”
    H.L. Mencken

    The history of the last 200 years demonstrates clearly that the American “Republic’s” system of laws along with the free enterprise system was responsible for the greatest period of wealth production in human history. The key to making it work was personal, individual freedom.

    “You cannot legislate the poor into freedom by legislating the wealthy out of freedom. What one person receives without working for, another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is about the end of any nation. You cannot multiply wealth by dividing it.” Dr. Adrian Rogers, 1931 – 2005

    fs

    Swemson

    November 13, 2011 at 2:18 PM

  8. Well I’ll tell ya Swemson, your diatribes have become, if nothing else, amusing but I’m sorry you have lost complete credibility with statements like, “Everything you’ve been taught relative to politics, the social sciences and modern history is a lie! Even what you think you know about the civil rights movement is a lie.”

    It’s quite apparent you have bought yourself a ticket on the wild and crazy conspiracy theory train. There is a reason why your writings only appear on the conservative websites you mentioned…because their is little demand for validity in their content. Their only requirement is that you sing to the choir and it’s obvious you’ve created a voice for yourself there but it’s not one that is up to the standards of the “big time” arena of credible news/commentary.

    I’ve posted valid news, fact check and well supported commentary sources. I did not post a NY Times piece…not sure where you got that from, perhaps a piece of imagination. I put more weight on those, including the wikipedia piece, because they are able to stick with real world supported facts. Having said that, it is quite apparent you believe in the conspiracy theories you’ve present in the same manner as a deeply religious person believes in god. Presenting you with anymore factual articles would be like debating evolution with that religious person. It will go nowhere due to this stalwart belief despite all the evidence to the contrary. There is no way to break through the wall of faith.

    So I wish you luck on your train trip down the conspiracy line, I’m sure it’ll never disappoint. The rest of us will leave you at this point and head back to reality.

    mpbulletin

    November 13, 2011 at 5:02 PM

  9. Again you do not disappoint, and stick to the standard progressive play book.

    Since you can’t refute anything I’ve written, you resort to ridicule, accusing me of being a believer in conspiracy theories etc… I’ve said lots of specific things in the postings above, and yet you haven’t even attempted to refute one of them. C’mon, give it a shot… it won’t hurt for long…

    Why don’t you address my comments about the first civil rights bills…? How about explaining why the American media never reported that a lawsuit against Al Gore’s sci-fi horror thriller in the UK was successful, because British law prohibits the political indoctrination of school children, and the British High Court found that Gore’s environmental claims were a bunch of lies and gross exaggerations.

    http://scienceandpublicpolicy.org/monckton/goreerrors.html

    How about explaining why your political gods exempted themselves from insider trading laws… It was one of the stories on tonight’s 60 Minutes. Pelosi made an ass of herself lying on camera once again.

    All of the major media outlets are totally in the bag for Obama, & daily display their far left bias. How come there was no coverage of Friday’s Veteran’s Day Rally to Restore the Constitution in DC, for which thousands of veterans from around the country showed up, and why is it that in all of these conservative events, the area is left immaculate, whereas your liberal demonstrators trash every area they set foot in….

    BTW, while we’re on the subject, why is it that the Occupy Wall Street crowd’s first demand was for everyone in the world to pay a transaction tax to the UN? When it became obvious that their BS demonstrations were being orchestrated by George Soros, they started demanding that their student loans be forgiven.. How come that wasn’t their first demand?

    Tell me why the Obama administration was acting legally when it GAVE a 30% stake in General Motors to the United Auto Worker’s Union after ripping off GM’s bondholders.

    And tell me why the Justice Dept under Eric Holder dropped all charges against the 2 Black Panthers who were caught RED-handed on tape intimidating voters in Philadelphia in Nov 2008 when Obama stole the presidency?

    And on that subject, please explain why all of Obama’s political opponents on the road to the White House, including his opponent in the Democratic Primary for Senator in 2006, and his republican opponent in that election, both got hit with sexual misconduct allegations from The Chicago Tribune (Axelrod’s former employer) just before those ballots were cast… and even though Herman Cain never lived or worked in Chicago, how come all of the charges made against him in the last few weeks emanated from Chicago?… Oh, what’s the problem? Didn’t you know that his latest accuser Sharon Bialek, lived in David Axelrod’s apartment bldg in Chicago? I’ll just assume that you didn’t know that Mayor Daley’s former chief of staff was the one who released Cain’s confidential personnel files from the NRA in the first place.

    Maybe you can tell me why Obama’s wife requires 22 personal servants on the White House staff. Laura Bush only had 3 or 4.

    Did you know that it was revealed 2 weeks ago that another solar energy company that got an even bigger loan than Solyndra was backed by Nancy Pelosi’s brother, and that Biden’s son is the attorney for another one of those sham solar “investments” that those crooks made with OUR money?

    How come Obama has spent several million dollars on attorneys in his efforts to prevent the American public from learning anything about his past?

    Did you know that a group sued Occidental College for disclosure of Obama’s records while a student there? If you didn’t hear about that, you may be interested to learn that the plaintiff’s won, and that the transcript Occidental College released indicates that Obama, under the name Barry Soetoro, received financial aid as a foreign student from Indonesia as an undergraduate at the school. The transcript was released by Occidental College in compliance with the court order, and shows that Obama (Soetoro) applied for financial aid and was awarded a fellowship for foreign students from the Fulbright Foundation Scholarship program. To qualify, for the scholarship, a student must claim foreign citizenship. Any of this sound familiar to you?

    Did you know that on his latest “long form” birth certificate, the hospital he was born at was listed under under its current name, one that it didn’t adopt until years after Obama’s alleged birth there. Oh, and did you know that on that document his father’s country of birth was listed as Kenya, even though it was at the time a British colony, known as British East Africa and didn’t become known as Kenya until well after Obama was born. Obama was born in August 1961, the Republic of Kenya was born in December of 1964. Got an explanation for that ?

    There’s plenty of facts here for you to refute. Why not give it a try rather than just making B$ accusations about conservatives drinking the Kool Aid, when it’s really the far left that’s been awash in Kool Aid for decades?

    Obama IS INDEED the worst president in our history, assuming that you even recognize him to be a legitimately elected one. He’s a radical Marxist revolutionary as evidenced by his personal associations with people like Bill Aires, and his boyhood mentor Frank Marshall Davis, a communist pornographer and admitted pedophile who many believe is actually his real father. Take a look at his photo and tell me what you think:

    http://www.theblogmocracy.com/tag/frank-marshall-davis/

    BTW: Do you have anything to say about his mentor’s (Soros) little operation called The Secretary of State Project:

    http://www.facebook.com/secstateproject

    Ever hear of it? It’s goal is to get democrats elected to the position of Secretary of State in as many states as possible, especially in selected swing, or battleground, states, specifically those whose margin of victory in the 2004 presidential election contest was 120,000 votes or less. Remember what Joe Stalin said:

    “It’s not the people who vote that count. It’s the people who count the votes.”

    Everything you think you know about politics, economics and modern American history is a LIE, and unless you’re willing to deal with my statements in an honest way, by offering real facts as evidence to support your claims, then you’re either a brainwashed child, or a liar yourself.

    Take your pick!

    fs

    Swemson

    November 13, 2011 at 7:16 PM


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