Barney Frank Pulls Out The Race Card, Tries To Divert Attention

Barney Frank, once again, is denying any responsibility for our current financial mess and is instead, playing the race card. According to Rep. Frank, any criticism of the financial crisis is a racially motivated attack on poor people. Wow.

Rep. Barney Frank said Monday that Republican criticism of Democrats over the nation's housing crisis is a veiled attack on the poor that's racially motivated.

The Massachusetts Democrat, chairman of the House Financial Services Committee, said the GOP is appealing to its base by blaming the country's mortgage foreclosure problem on efforts to expand affordable housing through the Community Reinvestment Act.

[...] 

"They get to take things out on poor people," Frank said at a mortgage foreclosure symposium in Boston. "Let's be honest: The fact that some of the poor people are black doesn't hurt them either, from their standpoint. This is an effort, I believe, to appeal to a kind of anger in people."

[...]

House Minority Leader John Boehner of Ohio called Frank's remarks "a lame, desperate attempt to divert Americans' attention away from the Democratic party's obstruction of reforms that would have reined in Fannie Mae and Freddie Mac and helped our nation avoid this economic crisis."

"Congressman Frank should retract his ridiculous statements and start taking responsibility for the role he and other top Democrats played in putting Main Street Americans in this mess," Boehner said.

What Happened? Dems And Fannie Mae, Freddie Mac

Um, I think this is what you would call a failed economic policy.

 

Taken from Jawa

Oh and this is just priceless. Barney Franks' "Partner" was a Fannie Mae executive.

Unqualified home buyers were not the only ones who benefited from Massachusetts Rep. Barney Frank’s efforts to deregulate Fannie Mae throughout the 1990s.

So did Frank’s partner, a Fannie Mae executive at the forefront of the agency’s push to relax lending restrictions.

Now that Fannie Mae is at the epicenter of a financial meltdown that threatens the U.S. economy, some are raising new questions about Frank's relationship with Herb Moses, who was Fannie’s assistant director for product initiatives. Moses worked at the government-sponsored enterprise from 1991 to 1998, while Frank was on the House Banking Committee, which had jurisdiction over Fannie.

 

H/T: AOSHQ

FINALLY! Jury Finds O.J. GUILTY!

It's about time this piece of trash goes to jail for something.

O.J. Simpson, the former football star who was famously cleared of murder in the 1990s "Trial of the Century," was found guilty on all charges in his Las Vegas kidnapping and robbery case on Friday.

Simpson, 61, was convicted along with co-defendant Clarence "C.J." Stewart on the 13th anniversary of his controversial 1995 acquittal and immediately ordered jailed by Clark County District Court Judge Jackie Glass.

Both could face up to life in prison.

The star-athlete-turned-actor appeared emotional as the verdict was read late on Friday night, and winced as he was handcuffed by marshals and led from the courtroom into a holding cell.

Dick Morris vs Alan Colmes

I absolutely despise Alan Colmes. I think he's totally incompetent and shouldn't be on the same show with Sean Hannity. There's plenty of other Democrats that do the job better than Colmes.

But anyway, here's Dick Morris lashing Alan Colmes about Democrat talking points.

Bill O'Reilly vs Barney Franks

It was fun to see that crook, Barney Franks, getting yelled at, but it really wasn't constructive. Bill O'Reilly is a blowhard that thinks the more he talks and the louder he gets, the more right he is. By not letting Franks at least respond without O'Reilly talking over him, was pointless. Let him answer, then blast him.

House Passes Corporate Welfare Bill 263-171

Isn't this just terrific. Why is it that the gov't thinks they can make money from this? If that was really the case, don't you think other investors would jump all over this?

 

***UPDATE***

About an hour after approving the bailout, the Dow went from +235 to -60 and still sinking. There's still plenty of time to make up ground, but I think this whole thing is a joke.

Previously: Think The Bail Out Is Supposed To Help Wall St & Main St?

Think The Bail Out Is Supposed To Help Wall St & Main St?

"Hundreds of billions of dollars are going to bail out FOREIGN INVESTORS. They know it, they demanded it, and the bill has been carefully written to make sure that can happen." - Brad Sherman , D-California"

 

Must See Video; The Mortgage Mess Summed Up In 10 Minutes

***I had to bump this, originally posted 9/26/08 2:12PM***

I took this from America is an Obamanation!

 

 

***UPDATE 10/2/08***

The above video was removed by YouTube after Time Warner complained of copyright infringement, who, by the way, donated over $300,000 to Obama's campaign.

Here is the new video:

Dish Network's Obama Channel, All Obama All The Time

Tonight, a friend of mine sent me a picture message of her Dish Network channel guide.

 

Yes, channel 73 is the Obama channel. It's Obama 24/7. I find this extremely disturbing.

House Kills Bailout, Senate Approves It

Thankfully; House Republicans voted down the $700B corporate welfare bill. Wall St tried to tell the government they better give them money by the DOW dropping 700+ points. I lost money in my IRA and my mom lost money in her 401K. I would rather lose everything than give them one friggin penny.

Oh, and Rep. Bob Latta is off my "list", he voted against it and Sen. George Voinovich is back on it, he voted for the new bill.

The Senate passed the bill 74-25, with Obama actually voting something other than "present".

My Thoughts On The Debate

I already know who I'm voting for, but I tried to look at the debate as an undecided voter.

I believe the first three questions about the financial mess were a tie. The rest of the debate, which focused on foreign policy, I think McCain easily won. He had Obama on the defensive the whole night. McCain saved the best for last and had a slam dunk. His comments about his experience, qualifications, and Obama needing on-the-job training really nailed it.

*Watching Fox News contributor Juan Williams take on it, big surprise he thinks Obama took it. I was waiting for Brit Hume to make him his bitch again.

I don't think any debate will have any affect on those who have already picked their candidate. It's geared towards the undecided and those who mildly support either candidate.

Newsbusters has already called out Obama for misrepresenting Kissinger's statement about meeting unfriendly nations.

Henry Kissinger believes Barack Obama misstated his views on diplomacy with US adversaries and is not happy about being mischaracterized. He says: "Senator McCain is right. I would not recommend the next President of the United States engage in talks with Iran at the Presidential level. My views on this issue are entirely compatible with the views of my friend Senator John McCain. We do not agree on everything, but we do agree that any negotiations with Iran must be geared to reality."

I'm sure there will many more tomorrow. Fact Check doesn't have anything up yet because of technical difficulties.

Dems Aren't Spending Enough Money, Want $56 Billion More

In just the last few days, Congress has passed $25B in "loans" for automakers, they're currently negotiating a $700B corporate welfare bill, and now they want $56B for another "stimulus". The Dems are calling it "an economic recovery package that will help middle-class families struggling in the weakening Bush-McCain economy". The economy didn't start going downhill until the Dems took over congress.

Senate Democratic leaders unveiled their $56 billion economic stimulus package on Thursday, less than an hour before leaving to meet President Bush at the White House to continue the fragile negotiations on the financial rescue bill.

Calling it “an economic recovery package that will help middle-class families struggling in the weakening Bush-McCain economy,” Majority Leader Harry Reid (D-Nev.) and Appropriations Committee Chairman Robert Byrd (D-W.Va.) pitched the plan with the familiar mantra of “not forgetting Main Street.” The plan includes a $7.5 billion down payment on $25 billion in loans for the struggling auto industry.

“Democrats believe that we must urgently pass another economic recovery package that will create hundreds of thousands of good-paying American jobs and prevent cuts in critical services for millions of Americans,” Reid said in a statement. “With the economic news only getting worse each day, I call on the president, Sen. McCain and congressional Republicans to join us to quickly get this done for American families.”

Byrd said the plan compensates for “failing to invest in America … the Bush administration has fiddled while Rome has burned.”

I love it when people give me money. I've been looking to purchase a new DSLR camera. However; now is not the time. I would rather that money go to securing the borders & ports, and to the military so they can kill more jihadi's.

A Reply From The Office Of Sen. Voinovich (Corporate Welfare)

I finally received a reply from Sen. Voinovich. I'm sure it's entirely coincidental that I received this today after several hits from the Senate and House.*cough* *cough*

Anyways...

Thank you for contacting my office.  I genuinely appreciate your e-mail and thank you for sharing your thoughts with me.  As with all communications with my office, your views have been recorded.

Every day, I hear from the people of Ohio through their phone calls, letters and faxes to my office.  As you can imagine, I also receive a significant number of e-mails daily.  Mass-generated e-mails sent by a third-party group, which are usually form text, have hindered my ability to respond to the e-mails, phone calls, letters and faxes that I receive.  Due to the increasing number of mass-generated e-mails received by my office, effective March 16, 2007, my office will be implementing changes to the constituent correspondence process.

Consequently, I have established a new system on my website to better serve Ohio constituents.  If you would like a written response to your e-mail, please go to http://voinovich.senate.gov and click on the CONTACT tab to fill out the web CONTACT FORM.  By filling out this form, you will receive a written response from my office.

Thank you for your patience.  Should you experience any problems with my web CONTACT FORM, please call my office at 202-224-3353 and my staff will be happy to guide you through the electronic correspondence process.

Sincerely,

George V. Voinovich
United States Senator

What he's saying is that he doesn't want any petitions, or organized email campaigns by groups such as ConservativeAlerts.com. If he impedes the ability to easily send emails on important issues, he doesn't have to hear about it.

McCain To Put Country First, Obama Puts Campaigning First

As many of you know by now, McCain has suspended his campaign in order to head to Washington and help deal with the financial mess. It's a tremendous risk for him because even if he is instrumental in any result, who's going to report it? If Obama swoops in, changes one word, he will receive all the praise and adulation from the press.

Obama said a president should be able to do two things at the same time. Any decent president would forego any campaign stops or PR events to handle a REAL situation. But it's quite evident that Sen. Obama couldn't even do one thing at the same time. That one thing is being a senator. This Ain't Hell has good write up about this.

I agree with McCain that both candidates for president should be there negotiating and debating the solution to the financial mess. Of course, Obama doesn't. I suppose he will be the only debater at the debate tomorrow, yet, I will bet anything he still makes a fool of himself. I hope the moderator asks Obama about how much Fmr. Fannie Mae & Lehman Brothers executive Jim Johnson had to do with the financial mess. Jim Johnson was chosen to help Obama pick his VP candidate. You can read about how bad Jim Johnson screwed up by reading this (.PDF, skip to page 168 to read the conclusion)

My hope is that McCain goes to Washington and says, "This is ridiculous, we're not bailing out anybody".

While we're on the subject of the corporate welfare bill, The Jawa Report has a post including prominent Conservative and their thoughts on it.

Does anyone really think that corporate welfare will be limited to $700B? We already have $25B for automakers. Once the government gets a hold of this, it will include more businesses for more reasons. Don't forget, there's not a bill passed that doesn't include pork for special interests.

More On The Corporate Welfare

After sending emails to the president, Sen. Voinovich(R), Sen. Brown(D), and Rep. Latta(R), I got one reply. Yes, 1 reply. I received an auto reply from Sen. Brown and then received a detailed email today. Nothing from Voinovich or Latta...Not even a auto reply.

Here's a notice for Sen. Voinovich and Rep. Latta, I hold deep grudges, so I will be campaigning for your Republican challengers.

Rep. Latta took over the seat that was held by Paul Gillmor, who died last year. Rep. Gillmor always replied by email and I even received a reply in the mail a few times. I knew it would be hard to replace Rep. Gillmor, and Rep. Latta surely is not filling that void.

Anyways; I was going to post the reply from Sen. Brown, but deleted it before I thought about posting it.

For anyone interested in reading the Dept of Treasury proposal you can download it from Sen. Browns website, or click here. It's only 6 pages, which is frightening when we're talking about how $1 trillion is going to be spent.

Did anyone happen to notice that automakers are up for $25B in "loans"? This is in addition to the financial bail out package.

When did this become a Communist state where the government funds businesses?