If the supposed financial crisis on Wall Street is soooooooo severe, then why hasn't a bill passed? Democrats hold the majority in the House. If they really wanted to pass some GOOD legislation, they could. They don't need a single GOP vote to get things done.
The U.S. House voted no and defeated a $700 billion emergency rescue for the nation's financial system on Monday, putting a stop to what some have termed a socialist takeover of the markets.
The vote was 228-205 to reject the bill, with Speaker Pelosi, a Democrat, blaming a baker's dozen number of Republicans for the defeat. What Pelosi intentionally omitted in her post vote comments, is that 94 Democrats also voted no.
The Democrats also hold a majority in the Senate. The Senate has yet to conduct a vote on the financial bailout. They could hold this vote at any time. Remember now, every elected official has been crying about how urgent passage is needed. Many wanted something passed last week. So why then is the Senate, led by Harry Reid, a Democrat, waiting to conduct their vote? It's an election year, they wanted to wait and see how the House vote would turn out.
Bailout crisis? What bailout crisis? Why all this political manuevering if there is such a crisis?
The bottom line is the House bill was a bad bill. The country will go through some pain if no bill is passed. But the dirty little secret is - the country will still go through some pain even if a revised bill passes. Legislation is of no consequence, there will be pain with or without a bill.
The truth is we need to let capitalism do it's thing. We're in this deep of a mess to begin with because government tinkered with capitalism. Government decisions and tinkering inflated housing prices, government twisted the arms of mortgage lenders to get them to reduce loan qualification requirements, government promised to back loans when it really wasn't in a position to do so.
KUDOS: To the gentleman opening the door for the lady at the Coralville library. It's good to see those kind of nice gestures.
COMPLAINT: To late arriving people pushing their way to be curbside, standing in front of people and obstructing their view and access at the U of I Homecoming parade. Many parade go'ers, took the time to prepare, arrived early, found a nice place to sit, brought their folding chairs, some drinks and snacks to enjoy the parade curbside. Their eight-year-old kids for example were there to enjoy not only the floats and other parade entries, but to participate in the tradition of candy tossing. Rude people, young adult age, ruined that pre-planning, by pushing themselves ahead of those seated curbside, and standing in front three/four deep, obstructing views and preventing kids from enjoying candy tosses.
In a recent appearance on Larry King is still alive, Bill Clinton tells CNN's Larry about his plans to help Obama win Florida:
"You know, they think that because of who I am and where my political base has traditionally been, they may want me to go sort of hustle up what Lawton Chiles used to call the 'cracker vote' there."
Hustle up the cracker vote? Clinton referenced Lawton Chiles, another Democrat, who did use the word "cracker" during a campaign event with Clinton in 1996 according to a Hearst newspapers story:
"I know this fella from Arkansas," boasted Florida Gov. Lawton Chiles as he introduced Bill Clinton to a Democratic fund-raising reception in this GOP stronghold. "And I can tell you he knows how to speak cracker."
There's been accusations by some in the drive by media and by Obama himself that some in the GOP are playing the race card. Obama's 'they're afraid' statement that he doesn't look like the other presidents on the dollar bills comes to mind....... The GOP isn't playing the race card, they're not playing class warfare, the Democrats are. Clinton's usage is the latest evidence that it's the Democrats who are the race-obsessed. Obama's statements about working-class voters getting bitter and clinging to their guns and religion is evidence of just who is playing class resentment games.
This is the stuff of positive change?
A Collection Of Some Of The Better Biden Moments From The Past Week
Biden Said That His Own Campaign Ad Criticizing John McCain's Computer Use Was "Terrible." CBS' Katie Couric: "Are you disappointed with the tone of the campaign -- the lipstick on the pig stuff and some of the ads? And you guys haven't been completely guilt-free, making fun of John McCain's inability to use a computer?" Biden: "I thought that was terrible, by the way." Couric: "Why'd you do it then?" Biden: "I didn't know we did it, and if I'd had anything to do with it, we would have never done it. I don't think Barack ... you know, I just think that was..." Couric: "Did Barack Obama approve that ad? He said he did, right?" Biden: "I don't think anything was intentional about that. They were trying to make another point." (CBS' "Evening News," 9/22/08)
Biden Said "We're Not Supporting 'Clean Coal'":
Biden Said That He Didn't Support Clean Coal And Said "No Coal Plants Here In America." Person: "Senator, Senator, wind and solar are flourishing here in Ohio, so why are you supporting clean coal?" Biden: "Say ... I didn't hear what you said." Person: "Wind and solar are flourishing here in Ohio, so why are you supporting clean coal?" Biden: "We're not supporting 'clean coal.' Guess what. China's building two every week. Two dirty coal plants. And it's polluting the United States. It's causing people to die." Person: "So will you support wind and solar?" Biden: "Absolutely. Before anybody did. The first guy to introduce a global warming bill was me, 22 years ago. The first guy to support solar energy was me, 26 years ago. It came out of Delaware. But guess what. China is gonna burn three hundred years of bad coal unless we figure out how to clean their coal up. Because it's going to ruin your lungs and there's nothing we can do about it. No coal plants here in America. Build them, if they're going to build them over there make 'em clean because they're killing you." (Joe Biden, Remarks, Maumee, OH, 9/17/08)
And One More Whopper:
Biden Said "It's Time To Be Patriotic" And Pay Higher Taxes.
Biden: "We want to take money and put it back in the pocket of middle-class people." ABC's Kate Snow: "Anybody making over $250,000..." Biden: "Is gonna pay more." Snow: "Is going to pay more." Biden: "You got it. It's time to be patriotic, Kate. Time to jump in. Time to be part of the deal. Time to help get America out of the rut." (ABC's "Good Morning America," 9/18/08)
“While the American taxpayer’s hard-earned money was corrupted by a government-backed mortgage business in Washington, Barack Obama took record amount of their campaign cash, and did absolutely nothing to regulate their books. Just like he did over two years ago, Barack Obama chooses to ignore John McCain’s calls to regulate and reform Fannie and Freddie, while defending his own affiliations with their corrupted corporate executives and his stockpile of campaign cash.
“One question remains. Did Barack Obama provide Fannie Mae special access when he appointed Fannie Mae’s embattled former CEO Jim Johnson to lead his vice presidential search committee while Mr. Johnson was still receiving $71,000 a month from Fannie Mae?” ---Tucker Bounds, spokesman McCain-Palin 2008
Three Key Facts:
1. John McCain introduced reforms and regulation for Fannie and Freddie over two years ago.
2. While taking $120,000 in campaign cash in just 3 years, Barack Obama has maintained Fannie Mae’s and Freddie Mac’s broken business model.
3. Barack Obama appointed embattled former Fannie Mae CEO Jim Johnson to lead his Vice Presidential search. At that same time Jim Johnson was receiving a $71,000 per month in pension benefits from Fannie Mae. Johnson also received millions in compensation due to accounting manipulation at Fannie Mae.
The Republican Party of Iowa is looking for individuals to serve as poll watchers for the general election, November 4, 2008. Poll Watching is an incredibly rewarding experience that enables individuals to see the election process in action.
For further information or to sign up please contact Director of Election Day Operations Danny McNamara at email@example.com or by phone at (515) 864-6127.
RPI: Iowa Business and Government Leaders Highlight McCain-Palin Economic Plan & Why it’s Best for Iowans
ANKENY, IA. -- Several state and local elected officials met Wednesday with leaders at Accumold, a plastics manufacturing firm based in Ankeny, to discuss the benefits of the McCain-Palin economic plan and why it is the best choice for Iowa taxpayers.
State Representative Carmine Boal of Ankeny, State Senators Brad Zaun of Urbandale and Larry Noble of Ankeny, and Polk County Supervisor E.J. Giovannetti toured the Accumold facility and then held a press conference with CFO Steve Boal to show support for the McCain-Palin plan. The conference also touched on concerns with the Obama-Biden economic plan that calls for raising taxes on many Americans and the businesses that employ them.
Steve Boal is uniquely aware of how increased taxes and regulations can adversely affect both families and businesses. As the chief financial officer for Accumold, he is the first to see how new taxes and red tape can strain his company’s budget making it harder for them to expand and create new jobs.
“I believe Obama’s ideas for change are taking America down the wrong path,” Boal said. “We need less government, not more, because more government translates to higher taxes.”
Boal also knows the negative effects higher taxes have on families across Iowa. His wife is State Rep. Carmine Boal of Ankeny who also attended the conference.
“Obama has said repeatedly that he’s going to ‘tax the rich’ more in order to help the middle class, but his record doesn’t show that,” Rep. Boal said. “He has already voted to raise taxes on Americans making $42,000 a year, why wouldn’t he do it again?”
State Sen. Brad Zaun’s district does not include the Accumold facility, but called it a, “great success story for Ankeny,” and cited it as an example of smart economic growth.
“Tax breaks always help stimulate new investment and development, no matter where they come from,” Sen. Zaun said. “It’s that investment that enables lawmakers to then keep taxes down.”
State Sen. Larry Noble said that the McCain-Palin plan would be more productive in helping the small businesses that employ the majority of Iowans.
“Bureaucracy and taxes don’t make us stronger, it just drags us down.” Sen. Noble said.
Steve Boal summed up the discussion saying, “John McCain’s philosophy supports smaller government and lower taxes while Obama’s plans include more government. More government is not what Accumold needs.”
Congressman Dave Loebsack, a Democrat, has been taking a lot of heat from people in the district about how slow he has been to bring federal relief dollars to those in need here in Iowa. It's Loebsack's job as our Congressman to see that the approved funds get here as quickly as possible. He simply hasn't done that. Congress quickly approved the $2.65 billion in flood relief back in June, shortly after the flood waters receded and flood damage was assessed. Loebsack was NOT quick in getting that money here to be used as intended, it's now late September. Here is what Do Nothing Dave Loebsack, a Democrat, had to say in response to his lack of effort:
“The communities, residents, and businesses of Iowa have been struggling ever since the floods hit, they need assistance as they travel down the long road to recovery. Much of the $2.65 billion passed in the days following the floods is only getting delivered now to the Second District. This Administration must take steps to eliminate this type of bureaucratic slow down once and for all when this new disaster assistance package gets signed into law because the people of Iowa need this funding, not more red tape.”
Loebsack is trying to blame George Bush! It's a sorry excuse and not even remotely true. Do Nothing Dave Loebsack, a Democrat, is trying to cover his do nothing loafer butt and is blatantly misleading voters about his flood relief efforts. The President signed his name approving funding, now it's Congressman Dave Loebsack's job to see that it gets delivered. Do Nothing Dave, a Democrat, is simply not doing his job.
FEMA by all accounts has done a great job in getting funding out to those in need. In fact, FEMA felt that the city of Cedar Rapids for example wasn't moving FAST ENOUGH in getting their proverbial ducks in a row, so they released $77 million of approved funds to Cedar Rapids.
Another example is HUD. HUD had $85 million dollars allocated for Iowa flood relief. HUD waived the normal 30 day public comment period required by law in developing an action plan for the allocated funds. HUD reduced that period to seven days. But the state of Iowa still dragged its feet in putting plans together. Governor Culver, a Democrat and Loebsack cohort tried blaming HUD for not moving fast enough.
The HUD secretary publically refuted Culver's claims:
Don't believe what Dave Loebsack says, don't believe what Chet Culver says. These two Democrats are choosing to play political games with relief efforts and they don't deserve to remain in office.
The RNC has put together a webpage highlighting the many Joe Biden gaffes. It's being done out of necessity, because the drive by media isn't covering gaffes Democrats make. It's a blatant double standard, as we all know what the drive by media does with GOP gaffes, they play "gotcha."
Imagine what the drive by media would do if George Bush mispronounced Dick Cheney's name?