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Observing my upside down America

Posts Tagged ‘Nancy Pelosi

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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Nancy Pelosi – What a piece of work

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It is obvious this lady has been elevated to a position requiring more intellect than she is able to bring forth to enable her to do the right thing.

Hopefully there will be those around her who will gently guide her to the nearest exit and deposit her back home into her kitchen where she would, without doubt, excel.

But something tells me that when she got there, she would hand you a plate of cookies and tell you they’re pancakes.

This lady is an inept pathological liar and needs to be removed from office immediately.

Written by Ben

May 14, 2009 at 9:44 pm

Who benefits from this meltdown?

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Since 1989, Rep. Frank has received $42,350 from Fannie Mae and Freddie Mac. (Lindsay Renick Mayer, “Fannie Mae And Freddie Mac Invest In Lawmakers,” Center For Responsive Politics’ “Capital Eye” Blog, www.opensecrets.org)

Since 1989, Senator Reid has received $77,000 from Fannie Mae and Freddie Mac. (Lindsay Renick Mayer, “Fannie Mae And Freddie Mac Invest In Lawmakers,” Center For Responsive Politics’ “Capital Eye” Blog, www.opensecrets.org)

Since 1989, Sen. Dodd has received $165,400 from Fannie Mae and Freddie Mac, more than any other Member of Congress. (Lindsay Renick Mayer, “Fannie Mae And Freddie Mac Invest In Lawmakers,” Center For Responsive Politics’ “Capital Eye” Blog, www.opensecrets.org)

Since 1989, Sen. Carper has received $55,889 from Fannie Mae and Freddie Mac. (Lindsay Renick Mayer, “Fannie Mae And Freddie Mac Invest In Lawmakers,” Center For Responsive Politics’ “Capital Eye” Blog, www.opensecrets.org)

In just four years, Sen. Barack Obama (D-IL) has received $126,349 from Fannie Mae and Freddie Mac, more than any Member of Congress except for Sen. Dodd. (Lindsay Renick Mayer, “Fannie Mae And Freddie Mac Invest In Lawmakers,” Center For Responsive Politics’ “Capital Eye” Blog, www.opensecrets.org)

Since 1989, Sen. John Kerry (D-MA) has received $111,000 from Fannie Mae and Freddie Mac. (Lindsay Renick Mayer, “Fannie Mae And Freddie Mac Invest In Lawmakers,” Center For Responsive Politics’ “Capital Eye” Blog, www.opensecrets.org)

Since 1989, Sen. Hillary Clinton (D-NY) has received $76,050 from Fannie Mae and Freddie Mac. (Lindsay Renick Mayer, “Fannie Mae And Freddie Mac Invest In Lawmakers,” Center For Responsive Politics’ “Capital Eye” Blog, www.opensecrets.org)

Since 1989, House Speaker Nancy Pelosi (D-CA) has received $56,250 from Fannie Mae and Freddie Mac. (Lindsay Renick Mayer, “Fannie Mae And Freddie Mac Invest In Lawmakers,” Center For Responsive Politics’ “Capital Eye” Blog, www.opensecrets.org)

Since 1989, Rep. Rahm Emanuel (D-IL) has received $51,750 from Fannie Mae and Freddie Mac. (Lindsay Renick Mayer, “Fannie Mae And Freddie Mac Invest In Lawmakers,” Center For Responsive Politics’ “Capital Eye” Blog, www.opensecrets.org)

Comparing the Candidates platform and the role of a V.P.

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As a voting American I am faced with a choice between the candidates which our two-party system has presented.  If I want a stake in the course my country takes I have to decide to vote for one or the other.  Staying home on November 4 is also an option, but then I will have no right to complain about the things I disagree with.  In the meantime I will compare the  accomplishments of one candidate against the accomplishments of the other. When I do, the merits of each become self-evident.

If I leave the emotion out of it and examine the policies of each candidate based solely upon their own words and not the words of political analysts or pundits or the opinions of others on the street then I believe I will be using the right process to make the best possible choice – not for me, but for my country.  If I can believe that my country provides the best possible economic environment and adopts policies which allows for its economy to thrive and to endure the bad times by enabling its people then the rest should take care of itself.

There are some people who were going to vote for McCain but then decided not to strictly because McCain chose Sarah Palin as a running mate.  It is difficult for me to fathom the decision making process behind it.  In the final analysis I believe such a decision is driven by emotion.  If it’s driven by intellect it either ignores the established role of the V.P. or is a failure to understand it.  It also ignores history. For some reason there is a belief the V.P. choice makes all the difference in the world when it comes to making policy and deciding America’s course.

Let’s look at the history.  What is the legacy of Carter’s V.P. choice which we still contend with today?  Do you even know the name of who he/she was? What is the legacy of Gore, Quayle, Bush Sr., Mondale, etc. which we can examine to help us determine if, in the end, it actually matters?  What will be the lagacy of Dick Cheney which America will feel the effects of years after he leaves office? What will be his lasting impact?

If we are going to be concerned with people whose decisions will impact America then we only have to look to another female for a proper perspective. By comparison she not only has more chance of changing our country than Sarah Palin ever will – Nancy Pelosi will make a lasting impact.  As Speaker of the House, Nancy Pelosi determines which issues Congress will focus upon and then vote on.  She decides the content and schedule.  If she disagrees with a bill – for any reason, petty or otherwise – it will not see the light of day.  Good or bad, we will be dealing with Nancy Pelosi’s legacy for many, many years.

I have to admit, getting people to fret over and to focus upon John McCain’s choice for V.P. is a clever ruse which diverts us from the real issues.

Sort of like that ol’ Jedi mind trick.

Who’s fooling who?

Written by Ben

November 1, 2008 at 3:40 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

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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