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NYT: Public relations department for Democratic Party?

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It’s the day after Nancy Pelosi calls the CIA a bunch of liars over whether she was briefed about water-boarding.

This is The Hill’s front page….
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This is the Washington Post’s story on A1…
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This is the front page of the NYT for Friday, May 15, 2009.
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The story “Pelosi Says She Knew of Waterboarding by 2003 ” is buried on page A20.

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Written by Ben

May 15, 2009 at 8:31 pm

Posted in Uncategorized

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Democrats have long history of stone-walling Republican efforts to regulate Fannie Mae and Freddie Mac

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You’re gonna love this. It’s enough to make you want to throw up. If Voting America had a brain they would get off their McDonald’s fed fat ass an vote every fricking Democrat out of office. But they won’t. They fear that if they do, their entitlements (read as government teat) will dry up.

We are heading down the road to a socialist country. Read about the GSE meltdown time line here.

Written by Ben

October 3, 2008 at 5:12 pm

How Did Your Senators Vote?

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TOTAL: Yea: 74
Nay: 25
NAME VOTE VOTE
Akaka (D-HI) Y
Alexander (R-TN) Y
Allard (R-CO) N
Barrasso (R-WY) N
Baucus (D-MT) Y
Bayh (D-IN) Y
Bennett (R-UT) Y
Biden (D-DE) Y
Bingaman (D-NM) Y
Bond (R-MO) Y
Boxer (D-CA) Y
Brown (D-OH) Y
Brownback (R-KS) N
Bunning (R-KY) N
Burr (R-NC) Y
Byrd (D-WV) Y
Cantwell (D-WA) N
Cardin (D-MD) Y
Carper (D-DE) Y
Casey (D-PA) Y
Chambliss (R-GA) Y
Clinton (D-NY) Y
Coburn (R-OK) Y
Cochran (R-MS) N
Coleman (R-MN) Y
Collins (R-ME) Y
Conrad (D-ND) Y
Corker (R-TN) Y
Cornyn (R-TX) Y
Craig (R-ID) Y
Crapo (R-ID) N
DeMint (R-SC) N
Dodd (D-CT) Y
Dole (R-NC) N
Domenici (R-NM) Y
Dorgan (D-ND) N
Durbin (D-IL) Y
Ensign (R-NV) Y
Enzi (R-WY) N
Feingold (D-WI) N
Feinstein (D-CA) Y
Graham (R-SC) Y
Grassley (R-IA) Y
Gregg (R-NH) Y
Hagel (R-NE) Y
Harkin (D-IA) Y
Hatch (R-UT) Y
Hutchison (R-TX) Y
Inhofe (R-OK) N
Inouye (D-HI) Y
Isakson (R-GA) Y
Johnson (D-SD) N
Kennedy (D-MA)
Kerry (D-MA) Y
Klobuchar (D-MN) Y
Kohl (D-WI) Y
Kyl (R-AZ) Y
Landrieu (D-LA) N
Lautenberg (D-NJ) Y
Leahy (D-VT) Y
Levin (D-MI) Y
Lieberman (ID-CT) Y
Lincoln (D-AR) Y
Lugar (R-IN) Y
Martinez (R-FL) Y
McCain (R-AZ) Y
McCaskill (D-MO) Y
McConnell (R-KY) Y
Menendez (D-NJ) Y
Mikulski (D-MD) Y
Murkowski (R-AK) Y
Murray (D-WA) Y
Nelson (D-FL) Y
Nelson (D-NE) N
Obama (D-IL) Y
Pryor (D-AR) Y
Reed (D-RI) Y
Reid (D-NV) Y
Roberts (R-KS) N
Rockefeller (D-WV) Y
Salazar (D-CO) Y
Sanders (I-VT) N
Schumer (D-NY) Y
Sessions (R-AL) N
Shelby (R-AL) N
Smith (R-OR) Y
Snowe (R-ME) Y
Specter (R-PA) Y
Stabenow (D-MI) N
Stevens (R-AK) Y
Sununu (R-NH) Y
Tester (D-MT) N
Thune (R-SD) Y
Vitter (R-LA) N
Voinovich (R-OH) Y
Warner (R-VA) Y
Webb (D-VA) Y
Whitehouse (D-RI) Y
Wicker (R-MS) N
Wyden (D-OR) N

Written by Ben

October 1, 2008 at 10:40 pm

The New Citizenship Test

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The Citizenship and Immigration Services has re-designed the citizenship test for immigrants who want to become naturalized Americans, revamping the questions for the first time since 1986.

The exam — designed with the input of adult educators, English teachers and community organizations that work with immigrants — asks questions about American history, the U.S. government, the rights of citizens and geography. Immigrants must also pass an English writing test.

10 Questions from the test and their answers are listed below:

1. What does the Constitution do?
2. What do we call the first 10 amendments to the Constitution?
3. Name one branch or part of the government.
4. We elect a U.S. representative for how many years?
5. How many justices are on the Supreme Court?
6. How old do citizens have to be to vote for President?
7. When is the last day you can send in federal income tax forms?
8. There were 13 original states. Name three.
9. Who was president during World War I?
10. Name one U.S. territory.

The Answers:

1. Sets up the government, Defines the government, Protects basic rights of Americans
2. Bill of Rights
3. Legislative, Executive, Judicial, Congress, the President, the courts
4. 2 years
5. 9
6. 18
7. April 15
8. New Hampshire, Massachusetts, Rhode Island, Connecticut, New York, New Jersey, Pennsylvania, Delaware, Maryland, Virginia, North Carolina, South Carolina, Georgia
9. Woodrow Wilson
10. Puerto Rico, U.S. Virgin Islands, American Samoa, Northern Mariana Islands, Guam

Written by Ben

October 1, 2008 at 8:26 pm

House Speaker Pelosi Used Political Donations to Pay Husband’s Firm

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Wednesday, October 01, 2008

WASHINGTON —  House Speaker Nancy Pelosi paid her husband’s real estate and investment firm nearly $100,000 from her political action committee over the past decade, a practice that she voted to ban last year and that her party condemned as part of the “culture of corruption” when Republicans did it.

The Washington Times is reporting that the California Democrat’s husband, Paul F. Pelosi, owns Financial Leasing Services Inc., which has received $99,000 in rent, utilities and accounting fees from the speaker’s “PAC to the Future” over the PAC’s nine-year history.

Last year, Pelosi supported a bill that would have banned members of Congress from putting spouses on their campaign staffs. The bill banned not only direct payments by congressional campaign committees and PACs to spouses for services including consulting and furndraising, but also “indirect compensation,” such as payments to companies that employ spouses.

The bill passed the House in a voice vote but died in a Senate committee.

Last week, Pelosi’s office defended the payments, saying they were legal because she is compensating her husband at fair market value for the work his firm has performed for the PAC.

Ethical watchdogs called Pelosi’s arrangement “problematic.”

Click here to read entire story

Written by Ben

October 1, 2008 at 6:17 pm

Posted in Uncategorized

Tagged with , ,

Nancy Pelosi shows her ass on the eve of America’s most important moment.

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Nancy Pelosi, a clinical liberal, allows her emotions to eclipse what little intellect she has.

She would have served herself and this country very well if she had read the information provided to her on the Fannie Mae-Freddie Mac-AIG meltdown beginning in 2001 which has been published at the link provided above. Instead, she chose to ignore the calls for reforms of Fannie Mae and Freddie Mac, Government Sponsored Enterprises directed by Democrat Barney Frank and chose to direct her attention and energy to criticize President Bush while mentioning wispy, nebulous and unquantified “failed economic policies”.  Some say her putrid comments soured the deal.

In my opinion, the Democrats, recognizing Pelosi’s gaff and wishing to spin it to their advantage, point to her speech as the reason many Republicans (ignoring the many Democrats) who rejected the so-called bailout bill.

The fact is, the bill as it was written was bad for the country and deserved to be thrown out for the trash it was.

Nancy Pelosi would have done herself a favor by studying the following facts before allowing her ass to override her brain.

2001

April: The Administration’s FY02 budget declares that the size of Fannie Mae and Freddie Mac is “a potential problem,” because “financial trouble of a large GSE could cause strong repercussions in financial markets, affecting Federally insured entities and economic activity.”

2002

May: The President calls for the disclosure and corporate governance principles contained in his 10-point plan for corporate responsibility to apply to Fannie Mae and Freddie Mac.  (OMB Prompt Letter to OFHEO, 5/29/02)

2003

January: Freddie Mac announces it has to restate financial results for the previous three years.

February: The Office of Federal Housing Enterprise Oversight (OFHEO) releases a report explaining that “although investors perceive an implicit Federal guarantee of [GSE] obligations,” “the government has provided no explicit legal backing for them.”  As a consequence, unexpected problems at a GSE could immediately spread into financial sectors beyond the housing market.  (“Systemic Risk: Fannie Mae, Freddie Mac and the Role of OFHEO,” OFHEO Report, 2/4/03)

September: Fannie Mae discloses SEC investigation and acknowledges OFHEO’s review found earnings manipulations.

September: Treasury Secretary John Snow testifies before the House Financial Services Committee to recommend that Congress enact “legislation to create a new Federal agency to regulate and supervise the financial activities of our housing-related government sponsored enterprises” and set prudent and appropriate minimum capital adequacy requirements.

October: Fannie Mae discloses $1.2 billion accounting error.

November: Council of the Economic Advisers (CEA) Chairman Greg Mankiw explains that any “legislation to reform GSE regulation should empower the new regulator with sufficient strength and credibility to reduce systemic risk.”  To reduce the potential for systemic instability, the regulator would have “broad authority to set both risk-based and minimum capital standards” and “receivership powers necessary to wind down the affairs of a troubled GSE.”  (N. Gregory Mankiw, Remarks At The Conference Of State Bank Supervisors State Banking Summit And Leadership, 11/6/03)

Source:   http://www.whitehouse.gov/news/releases/2008/09/20080919-15.html

Written by Ben

October 1, 2008 at 5:43 pm

Barney Frank should step down as Chairman of the House Financial Services Committee

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Mr. Frank is perhaps the most guilty of all of those who have worked hard to prevent efforts – beginning as far back as 2003 – to address the flawed policies of Fannie Mae and Freddie Mac which Mr. Frank oversees as Chairman of the House Financial Services Committee.

In 2003, Frank opposed Bush administration and Congressional Republican efforts for the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis. Under the plan a new agency would have been created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry. “These two entities, Fannie Mae and Freddie Mac, are not facing any kind of financial crisis,” Frank said. He added, “The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.”

You can read about the GSE meltdown time line here. Try not to blow a gasket or bleed out of your eyeballs when you read what Mr. Frank and his ilk have to say about their management skills and their expert opinions on the matter. They basically tell us to butt-out and to mind our own business.

Written by Ben

September 29, 2008 at 8:10 pm