Did you know the $700 billion bail out bill was really about $850 billion after all the pork was added? That is how they changed votes. They bribed each vote with pork. We are seeing today how good the bailout did, as of this writing the stock market is down about 10 percent since the great rescue bill was signed a few days ago. Guess what? Our champions of fiscal responsibility running for President signed the bill with $112 billion of pork added. In the last debate they were arguing about saving some of the $16 billion in earmark spending. However, they just signed a bill that contained $112 Billion in pork in one shot and our dumb president signed it without even reading it. Someone might think that they all need to take some Zanax or were being blackmailed. Who knows, those who hold our dollars like China and the oil rich states may have given them an ultimatum. Pass the bail-out bill or the dollar goes down the toilet. That’s about the only thing that explains the panic.

If McCain or Obama still have the gall to lie in our face about cutting pork everyone should turn off their TV’s or walk out of there rallies. Why enable liars? What good will it be to try to save me a pork chop in the future when you just proved to America that you will vote for a huge pork feast.

Believe me, the bail-outs are not over. The FDIC will now need $200 billion to bail out the failing banks, State governments will need bailing out, Unemployment insurance will need bailing out and many more taxpayer bailouts will come in the future. Tax revenues will also fall and taxes are likely to be cut to stimulate the economy. By the time we get through this crises (if we do) we could easily be $15 trillion in debt. Those nations who are bailing us out now with low interest rate loans are not likely to do so after this crises is past for the world. But we will still have $15 trillion of debt to service at a interest rate given to a nation that spends way beyond its means. Think about what that means to this nation in the future.

The bail-a-holics

The truth is most lawmakers voted to pass the bill but don’t have a clue what is in this 500-plus page legislation, which was birthed in the White House just two weeks ago as an infant of only three pages. It was then voted down at the Capitol a week later in its adolescent-sized 100 pages. And of course, in good bureaucratic fashion, it passed mature criteria when it was more than five times the size and packed with governmental goodies. And the president signed it just an hour after receiving it from Capitol Hill on Friday – I guess that speed reading course paid off.

In the fine print, inserted between the lines of that 500-plus page bill, are loads of fiscal additives and more financial toxic relief. Yes, the rumors are true. H.R. 1424 – Emergency Economic Stabilization Act of 2008, which has now been signed into law, officially includes more than $112 billion in political hors d’oeuvres and pork barrel additives that have absolutely no direct relation to the Wall Street bailout. Among them are:

* $6 million in tax breaks for wooden arrow manufacturers in Oregon;
* $148 million in tax breaks for wool-producing companies,
* $128 million in tax breaks for the manufacturers of car racing tracks;
* $10 million in tax breaks to small television and film producers;
* $223 million in tax breaks for Alaskan fisherman;
* $33 million for corporations operating in American Samoa;
* $192 million in tax breaks for rum producers in the Puerto Rico and the Virgin Islands.

What the &^%$#@?! And that’s just a drop in the bailout bucket. And We the Taxpayers are just supposed to sit back and take it in the arrears?

All is not lost, yet. We still have a voice in this bailout – it’s in the ballot box in November’s elections. The remedy for our country is clear: Congress doesn’t need another bailout, but a roundhouse kick right out the door. I plead with you to join me and millions of others in a voter revolution – to oust political and congressional corruption and stalemate. If representatives from your state and districts voted to pass this bailout bill and gamble nearly $1 trillion of our children’s and grandchildren’s taxpaying money, in addition to showing the reckless fiscal behavior of stuffing such a bill with perks and pork, you must not re-elect any such wayward incumbent.

Full article

Youth are pledging allegiance to the greatness of Obama in para-military garb. Small school children are forced to sing songs about Obama by their teachers. People are being intimated by Law enforcement if they do not like what you say about Obama. Obama is being preached in some churches. We hear Slogan’s right out of the Saul Alinsky socalist handbook. Anyone see a problem here? Next some will soon be calling Obama “Dear Leader” It is simply amazing how fast we are moving from freedom toward socialist fascism. God help this nation if Obama gets in power. Don’t think this is all being done by Obama he is just the mouthpiece of Far Left radicals. There is a Far Left fascist and black raciest movement rising in America and they have taking control of the Democratic party.

Of course you should have a good idea what is going to happen in the inner cities and among the Liberals if their Black Messiah does not get elected. The Far Left has itself make that statement in order to intimate you to vote for him. Americans better wake up or your going to see insurrection in this nation.

YouTube - Obama Youth - Junior Fraternity Regiment

http://www.youtube.com/watch?v=F7-wZaBuY_A&NR=1

http://www.youtube.com/watch?v=cdPSqL9_mfM&feature=related

http://www.youtube.com/watch?v=gH-2Fwx5RU0&feature=related

http://www.youtube.com/watch?v=iXBbCn2K7bE&feature=related

A Frontpage Interview with co-author Brian Anderson on the new book “A Manifesto for Media Freedom”. Brian Anderson tells us how the prospect of an Obama presidency and a Democratic Congress threaten all conservative media.

FrontPage Magazine

Frontpage Interview’s guest today is Brian Anderson, author of South Park Conservatives, Democratic Capitalism and its Discontents, and co-author with the Progress and Freedom Foundation’s Adam Thierer of the new book, A Manifesto for Media Freedom.

FP: What inspired you to write this book?

Anderson: A sense of growing concern that the Left—with some help from a handful of Republicans—is keen on shushing right-of-center political speech. America in 2008 enjoys a remarkable, historically unprecedented abundance of new and old media outlets for obtaining news, information, and entertainment—something we celebrate as “the media cornucopia.” Think about it: newspapers (still) and magazines (more in existence than ever before); radio and television both broadcast and cable and satellite; DVDs; and of course the wild, dazzling, endlessly mutating Internet. As I argued in an earlier book, South Park Conservatives, this cornucopia has allowed viewpoints long downplayed or excluded in the mainstream, including conservative and libertarian ideas, to get a much wider public hearing, especially via political talk radio and the blogosphere.

Many people—incumbent politicians in general, but above all the political Left—hate this profusion and are keen to contain it, pare it back, get rid of it. Our book documents the most dangerous regulatory measures being brewed up in Washington, or already in place, to do this: a new Fairness Doctrine, or regulatory analogue; “network neutrality”; and the extension of campaign finance restrictions to cover media. The book tries to alert Americans to a danger to their political liberties and explain, in a clear a way as possible, the way complex media regulations work in practice in ways that have profound political implications.

FP: Overall, what do you think is new and fresh about your book and what do you hope it will achieve?

Anderson: I think our book is the first to explain, in as clear and systematic a way as possible, the extent of the threat to political speech being cooked up in Washington as we do this interview—and with the prospect of an Obama presidency and a Democratic Congress, the time is now to understand what’s at stake and fight back. It is also encourages conservatives to embrace media freedom rather than pursue their own regulatory crusades on things like cleaning up cable television. The Right has benefited hugely from the proliferation of outlets and media in recent years and should recognize that fact.

Full interview

You learn something everyday. I did not know Baum wrote “Oz” as a spoof to expose the forces conspiring to gain control of the economy. I guess what applied then even more so applies today. This article by Dave Daubenmire should be food for thought.

Dave Daubenmire — Follow the Yellow Brick Road

Back to The Wonderful Wizard of Oz. L. Frank Baum wrote this spoof on the late 1890’s attempt to reform America’s monetary policy. Even back then the “bankers” were attempting to take the American dollar off of the gold standard. Baum wrote “Oz” to expose the forces conspiring to gain control of the economy.

“Oz is short for ounce, the measure for gold and silver.

Dorothy, hailing from Kansas, represents the commoner.

The Tin Woodsman is the industrial worker, rusted solid as the factories shut down in the 1893 depression. The Scarecrow is the farmer who apparently doesn’t have the wit to understand his situation or his political interests. The Cowardly Lion is William Jennings Bryan; (Ron Paul) who had a loud roar but little political power as he fought the political powers of his day.

The Good Witches represent the magical potential of the people of the Midwest and the South (red states).

After vanquishing the Wicked Witch of the East (the Eastern bankers) Dorothy frees The Munchkins (the little people). With the witch’s silver slippers (the silver standard), (they change to ruby red in the movie) Dorothy sets out on the Yellow Brick Road (the gold standard) to the Emerald City (Washington), where they meet the Wizard (the President), who appears powerful, but is ultimately revealed as an illusion; the real Wizard being just a little man who pulls levers behind a curtain” (printing presses).

“Pay no attention to the man behind the curtain…” We must once again come to the realization that WE hold all of the power. The Scarecrow, the Tin Man and the Cowardly Lion are us.

The Scarecrow was looking for a brain, all of the time convinced he needed “experts” to think for him. The Tin Man was looking for a heart, feeling he needed the “great and powerful Oz” to restore his broken spirit through government handouts. And the Cowardly Lion needed only the courage to fight.

Full Article

Joe Farah gives a book review in this article on “Black Belt Patriotism: How to Reawaken America”, by Chuck Norris. It sounds like a greatly needed and timely book by a very astute Christian champion. I hope many will read it, get educated and join the cultural revolution to reawaken America. Then in 2012 maybe we need to put an American patriot like Chuck Norris in the White House instead of the usual politician.

I’m with Chuck Norris

Don’t even think for a moment you won’t learn anything in a book by “an actor” or a “martial arts master.”

He sets out with a clear vision of the problems besetting us:

* Americans have forgotten their heritage, their history, the uniqueness of the founding documents that set the country apart;

* Americans have lost their sense of fiscal responsibility, resulting in mountains of debt – both public and private; (What a timely lesson this is!)

* Americans have permitted their borders to get out of control, allowed their elected officials to get away with non-enforcement of immigration laws, and tolerated a breakdown in national sovereignty that is leading to “the possible creation of a North American Union”;

* Americans have lost their moral compass;

* Americans no longer believe in the sanctity of human life;

* Americans are robbing their children of their innocence and their futures;

* Americans have participated in the destruction of the family;

* Americans are getting fat and lazy.

Chuck Norris also recognizes the solutions to these problems and restoration of America’s greatness will not come in the political arena alone – not by a long shot. It won’t come because we elect the right politician to be president. It won’t even come by electing a good Congress.

He sees a long battle ahead – a cultural revolution.

Full Article

The unexpected happened today the 700 billion dollar bailout plan failed in the House. The main reason it failed is Speaker Nancy Pelosi’s big mouth. She knew they had a close vote in the House but she just could not resist the temptation to use the biggest financial crises in modern times to rail in front of the whole House against the Bush administration and the Republicans just before the all important vote. Thus she lost the vote from some republicans. Leaders should know when to speak and when to keep their mouths shut but not Nancy “I am trying to save the world” Pelosi. She is not even in control of herself.

So a bill that would have brought us on a path to state socialism failed today but you can be certain they will try to bring it back by the end of the week. Now we will probably see a huge sell off in the markets and that will be all that it takes to get the votes. Nevertheless, in the next few days firms are going to fail and many are likely to lose entire fortunes.

A rescue of some sort is probably necessary or the whole world will go into a great depression very quickly but I will tell you why I think any short delay is good.

Everything has been way overvalued for quite some time now. The Stock Market is still almost double where it should be. People say we lost over a trillion dollars in the stock market today and while that is true on paper the wealth really was never there to start with. Overvalued paper is not wealth. So yeah, the government could have propped up the overvalued paper for awhile but that is only a short term fix. The only real fix is to let the overvalued paper go to the value it is really worth. Sure, that will take away over half of peoples retirement savings etc. but I am telling you much of your wealth was an illusion to start with, you never really had it. You cannot get double digit returns for decades when the economy is going nowhere and not expect a crash to come eventually.

A nation cannot keep spending much more than they have anymore than you can. Lets face it Ron Paul was right on our economic situation. The wealth they claimed was there was never there. It was a con game and a pyramid scheme that they they used to gamble with. So the more things drop to the real value of all that paper we are holding before the government steps in the sooner we can return to anything close to fiscal sanity. A prop up by the government at artificially high levels will only work until the next financial shock. This crises will not be over even with a massive bailout.

It is not all about the United States either. Global markets are also in panic and not just because of what is happening in the United States. Britain is entering a housing crises similar to ours and Spain’s housing and debt situation is even worse. Inflation is high in most countries of the world and a world recession is almost a certainty. That will bring rapidly falling oil prices and the oil rich nations that were buying debt will get very tight very quickly. That means interest rates will soar to service our debt before long and that is another crises coming for us. Russia’s economy is based almost entirely on energy exports and Europe is dependent on Russia’s energy so what blackmail will they try to pull on Europe this winter?

In any case, welcomed to the worst economic collapse of our time and it really does not matter much in the long term what our government does to try to shore up the dike. It can be a slow collapse or a fast collapse but things here are going to collapse much like in the old Soviet Union. And that’s probably the good news. Stay tuned for the bad news.

I just read two articles today Sept 30th by Jimmy De Young and Garry Kah that make a lot of sense and add to what I said here yesterday. De Young points out that many bankers are Jewish and this could bring Jewish persecution. I basically said the same thing on a comment on another blog because guess who economic losers always blame in the final analysis?

Garry Kah’s article makes several good points about our banking crises and where it might lead and I agree with most of his points. He also said the world finnancal crises is likely to help bring persecution to the Jews they have a history of becoming the scapegoats. You can read Kah’s excellent insights here wall street in crises.

Here is also another link that fully explains why the confused free marketer’s are really bringing about its own distruction by embracing the ideas of Marxism.

This accusation is being made by a governor of a soverign U.S. state. It is not being made by some obscure figure. Just think of what Obama’s people will do if he ever gets into the Presidency. If you think it will not happen you do not understand the fascist Far Left that is once again taking control of many nations of the world including ours. If you think you can get the Far Left out of power once they control everything you are very naive. We know the Left media will not report this but where is the Attorney General of the U.S. ?

State of Missouri-Governor’s Press Announcements - 2008

JEFFERSON CITY - Gov. Matt Blunt today issued the following statement on news reports that have exposed plans by U.S. Senator Barack Obama to use Missouri law enforcement to threaten and intimidate his critics.

“This abuse of the law for intimidation insults the most sacred principles and ideals of Jefferson. I can think of nothing more offensive to Jefferson’s thinking than using the power of the state to deprive Americans of their civil rights. The only conceivable purpose of Messrs. McCulloch, Obama and the others is to frighten people away from expressing themselves, to chill free and open debate, to suppress support and donations to conservative organizations targeted by this anti-civil rights, to strangle criticism of Mr. Obama, to suppress ads about his support of higher taxes, and to choke out criticism on television, radio, the Internet, blogs, e-mail and daily conversation about the election.

Full statement of Governor Blunt of Missouri

I think Ann Coulter, Pat Buchanan and Harry Lamb wrote a couple of good articles that might tell you a few things about the root cause of the day of reckoning that is upon America and how it will also bring the next day of reckoning due to our massive deficit spending. I am not saying there were not other factors. This day would have come anyway due to the greed of many and the socialism of others but what Coulter, Buchanan and Lamb write about is a good part of the reason why this economic shock is now playing out before your very eyes.

They Gave Your Mortgage to a Less Qualified Minority, by Ann Coulter

Here are a few points in the article by Ann Coulter:

Under Clinton, the entire federal government put massive pressure on banks to grant more mortgages to the poor and minorities. Clinton’s secretary of Housing and Urban Development, Andrew Cuomo, investigated Fannie Mae for racial discrimination and proposed that 50 percent of Fannie Mae’s and Freddie Mac’s portfolio be made up of loans to low- to moderate-income borrowers by the year 2001.

Instead of looking at “outdated criteria,” such as the mortgage applicant’s credit history and ability to make a down payment, banks were encouraged to consider nontraditional measures of credit-worthiness, such as having a good jump shot or having a missing child named “Caylee.”

Threatening lawsuits, Clinton’s Federal Reserve demanded that banks treat welfare payments and unemployment benefits as valid income sources to qualify for a mortgage. That isn’t a joke — it’s a fact.

In 1999, liberals were bragging about extending affirmative action to the financial sector. Los Angeles Times reporter Ron Brownstein hailed the Clinton administration’s affirmative action lending policies as one of the “hidden success stories” of the Clinton administration, saying that “black and Latino homeownership has surged to the highest level ever recorded.”

Meanwhile, economists were screaming from the rooftops that the Democrats were forcing mortgage lenders to issue loans that would fail the moment the housing market slowed and deadbeat borrowers couldn’t get out of their loans by selling their houses.

Now, at a cost of hundreds of billions of dollars, middle-class taxpayers are going to be forced to bail out the Democrats’ two most important constituent groups: rich Wall Street bankers and welfare recipients.

Political correctness had already ruined education, sports, science and entertainment. But it took a Democratic president with a Democratic congress for political correctness to wreck the financial industry.

So it was not all about greedy lenders it is about Democratic Party socialist liberals pushing affirmative action lending plans and regulations that forced the lenders to make them lend to the unqualified.

Day of Reckoning, by Pat Buchanan

Here is a bit of what Pat Buchanan has to say on this issue and some of it is the same except Pat blames the liberal in both parties:

Had there not been a steady and constant infusion of easy money and credit into the U.S. economy by the Fed, for years on end, a housing bubble of the magnitude of the one that has just exploded could never have been created.

Had the politicians of both parties not coerced and pressured banks, S&Ls, Fannie Mae and Freddie Mac to make all those sub-prime mortgages, then to tie this rotten paper to good paper, convert it into securities and sell to banks all over the world, there would have been no global financial crisis.

Had they seen this coming and acted sooner, the Federal Reserve and U.S. Treasury would not today, like Henny Penny, be crying, “The sky is falling!” and the end times are at hand, unless we give them 5 percent of our gross domestic product to buy up suspect securities backed by sub-prime mortgages.

Looking at all the money being ladled out by the U.S. government to prevent a collapse, and the diminished revenue coming in, it is hard to see how America avoids future deficits that reach $1 trillion a year. These will imperil both the dollar itself and the ability of the United States, which saves nothing, to borrow from the rest of the world. The downsizing of America is at hand.

Yes, indeed, we have arrived at the Day of Reckoning for Uncle Sam.

Soviet-Style collapse in America’s future article by Harry Lamb

The meltdown in the financial markets has caused the finger of blame to spin like a weathervane in a hurricane. The underlying cause of the debacle, however, has been largely ignored. Driven by “progressive” Democrats and Republicans, the cause is the relentless shift from a free market economy to a socialist economy.

The piper must be paid. The question is whether to do it now – and let the chips fall where they may, or, to kick the can down the road and pay the piper later. The answer, of course, is to kick the can into the next generation, with another leap toward socialism. The bailout plan – whatever the particulars – is nothing short of a government takeover of the financial industry. The next president will have to sort it out and build the road toward future recovery or final disaster.

Barack Obama’s incessant drumbeat about the failure of the economic policies of the last eight years is either gross ignorance or, more likely, political blame shifting. The cause of the current meltdown is clearly the Democrat’s insistence upon giving federally guaranteed mortgages to people who could not afford them. Even now, Democrats insist, not on the minimum government involvement possible, but on adding all sorts of give-away ornaments on the bailout Christmas tree. Obama is also promising to take over the energy industry, the health industry, and to give tax credits and even refunds to some people with money he shamelessly takes from others. This is redistribution of wealth – pure socialism.

McCain may be only marginally better, but any deterrent to the Democrats’ determined transformation of America to unabashed socialism should be welcomed. Despite the U.N.’s declaration to the contrary, no person has a “right” to housing. If Democrats prevail and continue their pursuit of the U.N’.s goal of universal socialism, America can expect to experience the same total collapse experienced by the Soviet Union.

I said in a prior post that future budget deficits were going to go way up and It matters not who becomes President, the deficits will happen as sure as night follows day and if foreigners ever stop buying our debt this present crises will be nothing compared to the time when we can no longer sell our debt to the world. In the future we will have to do the bidding of the lenders (China & Oil rich nations) or face complete economic collapse.

I suppose you have heard about the trillion dollar bailout of bad debt and now hear the politicians on TV telling people that lack of government oversight and greed is to blame for the problem and how we now need bailouts and more federal government regulation to cure the problem.

Most of the same politicians talking today are the same politicians that supported the oversight conditions that created this crises in the first place. They were the ones who put the pressure on lending institutions to ease their rules so that just about any bad risk could get a loan.

They put great pressure on the mortgage lenders to establish easy lending programs for the poor and for  poor risks. But they are now passing the buck and saying the lenders were irresponsible and greedy. Sure, there was fraud and greed by the leaders but when you have government officials who are supposed to be in a position of oversight being the enablers of the greedy and making their practices the norm what should we expect?

It was government that eased the regulations on banks and brokers so that would not have to keep funds in reserve to weather a storm such as this and government allowed them to take those funds to the derivative casinos thanks to the policies of former Fed Chairman Greenspan.

These falsely optimistic idealistic liberals thought everything would just keep getting better and that there would be no more major downturns. These are the same people in government and business who never plan for recessions in their out year budgets. They live in some fantasyland or else they want to deceive the public that the out years will be better than any person living in reality could expect.

Some fools even thought we were post recessions because they thought the government now knew how to keep the economy expanding indefinitely. Ha ha. Nevertheless, we always had recessions and will again. These “financial wizards” are a good part of the reason why we always have budget deficits because they never plan for future economic downturns in their long term budgets. Most multinational corporations and local governments are doing the same thing and that is why when a down cycle comes they are in crises and need taxpayer bailouts.

Here are a couple of articles that explain some of what is going on.

The first article by David Limbaugh, talks about how the liberal politicians got us into the mess that we find ourselves in. They now think more of the same of the liberal big government polices will get us out of it. Ha ha.

The second article is by Pat Buchanan It gets into the stupidity of foolish and incompetent financiers and politicians. Pat gives some some history of past bailouts and our nation’s increasing debt burden in the future partly because of bailouts and partly because government and everyone else keeps spending more than they have.

Its getting close to Halloween and I know you all want to read a good scare story. Well learn what the banks and investment firms have been doing with your money and you will know why Washington and the banks are in a cold sweat panic and saying if the government does not bring stability the whole house of cards is going to come crashing down into the second great depression.

For a house of cards to fall it has to be a house of cards to begin with and this article about derivatives will take you on a tour of the house. After you read this article you will not only know everything you need to know about derivatives. You will also know why everyone in the know is turning white with fear long before Halloween.

There simply is no reason why a sub-prime crises would cause all these investment bank failures unless they have been doing something with your money that is very risky. Turns out they have. Instead of making sound investments with your money they have been gambling at the Derivatives Casinos. All these firms are now so leveraged on their next bet that any loss at the wheel of fortune makes them unable to pay their bills and if they cannot pay their bills other banks that are levered to the teeth because of their own gambling habits also cannot pay their bills and if they cannot pay their bills none of the others can pay their bills either and if none of the others can pay their bills there is no money to borrow for anyone in the nation.

Read about it for yourself but anyone who thinks the crises is over is not paying attention. Also take note that the following article was written before the announcement of the really frighting government bailout that was announced today to bail out all the derivative gamblers bad debts. Yeah, the government has to do this taxpayer bailout because all the gamblers were not gambling with their own money they were gambling with your retirement, insurance and investment incomes and everything else.

Next years Halloween fright night will be about the coming rapid hyperinflation that will bring you green toilet paper.

OpEdNews » It’s the Derivatives, Stupid! Why Fannie, Freddie and AIG Had to Be Bailed Out

Until recently, most people had never even heard of derivatives; but in terms of money traded, these investments represent the biggest financial market in the world. Derivatives are financial instruments that have no intrinsic value but derive their value from something else. Basically, they are just bets. You can “hedge your bet” that something you own will go up by placing a side bet that it will go down. “Hedge funds” hedge bets in the derivatives market. Bets can be placed on anything, from the price of tea in China to the movements of specific markets.

“The point everyone misses,” wrote economist Robert Chapman a decade ago, “is that buying derivatives is not investing. It is gambling, insurance and high stakes bookmaking. Derivatives create nothing.”1 They not only create nothing, but they serve to enrich non-producers at the expense of the people who do create real goods and services. In congressional hearings in the early 1990s, derivatives trading was challenged as being an illegal form of gambling. But the practice was legitimized by Fed Chairman Alan Greenspan, who not only lent legal and regulatory support to the trade but actively promoted derivatives as a way to improve “risk management.” Partly, this was to boost the flagging profits of the banks; and at the larger banks and dealers, it worked. But the cost was an increase in risk to the financial system as a whole.2

Since then, derivative trades have grown exponentially, until now they are larger than the entire global economy. The Bank for International Settlements recently reported that total derivatives trades exceeded one quadrillion dollars – that’s 1,000 trillion dollars.3 How is that figure even possible? The gross domestic product of all the countries in the world is only about 60 trillion dollars. The answer is that gamblers can bet as much as they want. They can bet money they don’t have, and that is where the huge increase in risk comes in.

Credit default swaps (CDS) are the most widely traded form of credit derivative. CDS are bets between two parties on whether or not a company will default on its bonds. In a typical default swap, the “protection buyer” gets a large payoff from the “protection seller” if the company defaults within a certain period of time, while the “protection seller” collects periodic payments from the “protection buyer” for assuming the risk of default. CDS thus resemble insurance policies, but there is no requirement to actually hold any asset or suffer any loss, so CDS are widely used just to increase profits by gambling on market changes. In one blogger’s example, a hedge fund could sit back and collect $320,000 a year in premiums just for selling “protection” on a risky BBB junk bond. The premiums are “free” money – free until the bond actually goes into default, when the hedge fund could be on the hook for $100 million in claims.

And there’s the catch: what if the hedge fund doesn’t have the $100 million? The fund’s corporate shell or limited partnership is put into bankruptcy; but both parties are claiming the derivative as an asset on their books, which they now have to write down. Players who have “hedged their bets” by betting both ways cannot collect on their winning bets; and that means they cannot afford to pay their losing bets, causing other players to also default on their bets.

The dominos go down in a cascade of cross-defaults that infects the whole banking industry and jeopardizes the global pyramid scheme. The potential for this sort of nuclear reaction was what prompted billionaire investor Warren Buffett to call derivatives “weapons of financial mass destruction.” It is also why the banking system cannot let a major derivatives player go down, and it is the banking system that calls the shots. The Federal Reserve is literally owned by a conglomerate of banks; and Hank Paulson, who heads the U.S. Treasury, entered that position through the revolving door of investment bank Goldman Sachs, where he was formerly CEO.

Full Article

This book by  Larry Schweikart sounds like a great piece of work that needs to be told to the American people. This interview gets into some of the liberal lies about American History and they are well worth the reading. Just think your children are reading the lies in their schools as if it were the truth.

FrontPage Magazine

48 Liberal Lies About American History
By Jamie Glazov
FrontPageMagazine.com | Friday, September 12, 2008

Frontpage Interview’s guest today is Larry Schweikart, a professor of history at the University of Dayton. He is the co-author with Michael Allen of the best-selling book, A Patriot’s History of the United States. His follow-up book, America’s Victories, led President Bush to invite him to the Oval Office for a discussion of history. His new book is 48 Liberal Lies About American History.

FP: What do you hope your book will help achieve?

Schweikart: I hope parents will at least look at their kids’ books, and I hope students will think about some of the junk they are getting from their books. Oh, and I hope they also buy a real U.S. history textbook, A Patriot’s History of the United States.

Full article

This article reviews a book that Chuck Norris wrote about American patriotism and Christian values. Norris is now becoming a major champion of American patriotism and religious freedoms. We need to get back to the root values and Judeo-Christian principles of the founders of our nation. Chuck Norris is now obviously a champion fighting for America.

Book Review: Chuck Norris’ ‘Black Belt Patriotism’ - HUMAN EVENTS

Whether discussing the war on terrorism, fiscal discipline or the removal of God from the public square, Norris makes it clear that re-embracing, promoting and and respecting the Judeo-Christian principles that guided our founders is indispensable to America becoming as great as she can be. Far from advocating any sort of theocracy, Norris asserts that the very Constitution we now adhere to functions best when the moral foundations of our republic are championed. In defense of that position, he quotes Thomas Paine, who said, “Spiritual freedom is the root of political freedom…As the union between spiritual freedom and political liberty seems nearly inseparable, it is our duty to defend both.” John Adams added, “Our Constitution was made only for a moral and religious people. It is wholly inadequate to to the government of any other.” Norris also cites George Washington, who argued against the notion that a nation can remain moral “in exclusion of religious principle”.

He also fights back against the argument that Thomas Jefferson argued for the “separation of church and state,” by using the very letter of Jefferson’s to the Danbury Baptists that contains that phrase. In context, Norris observes that Jefferson’s point was not to slam the door on religious expression “but to prohibit the domination and even legislation of religious sectarianism.” He also adds that Jefferson attended church services at the U.S. Capitol just two days after writing the letter — hardly a sign he wanted no intermingling of government and religion. In another nice touch, Norris prints the Declaration of Independence, the Constitution and the Ten Commandments at the end of the book, just to remind readers what each of them contains.

Norris quotes The Founders not only with respect to the key social issues of the day but also with respect to our nation’s mounting debt. He blasts the government for its wasteful ways, pointing out that the cost of minting pennies and nickels exceeds the values of those coins. The IRS is also a major target of his when it comes to the nation’s taxes. Norris says our Founders would be “horrified” to see the bloated bureaucracies and heavy tax burdens — which were, after all, one of the major reasons for the revolution. He pounds home the point with the words of Patrick Henry, who asserted that unless properly restricted, tax collectors will “go into your cellars and rooms and search, ransack, and measure, everything you eat, drink, and wear.”

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There never was a consensus of climate scientists saying that global warming was man caused. It was all made up by the world power elite controlled bureaucrats and their media.

Read the real story and read about the real consensus of scientists that agree that global warming is not any danger to this planet. In fact, there is now more danger from what now appears to be a global cooling trend.

The liars now have society so brainwashed that now even when the earth is cooling and likely heading toward a dangerously long term cold trend all you still hear in the media and from the politicians is the global warming danger and the CO2 threat.

These greedy power brokers and socialist fascist control freak idiots are putting the world in economic danger and the danger of real energy shortages at a time when the absence of sun spot activity seems to be indicating that we are heading toward a long term global cooling. This energy shortage and cooling could bring energy crises worse than any you can imagine along with world crop failures and famine.

It is time to get these wacko environmentalists off of our back and to put leaders into place that will develop all energy sources regardless of the release of beneficial CO2.

Michael Coffman — Consensus? What Consensus?

CONSENSUS? WHAT CONSENSUS?

By Dr. Michael S. Coffman Ph. D.
September 10, 2008
NewsWithViews.com

We have all heard the litany in the news that 2,500 scientists working in conjunction with the United Nations Intergovernmental Panel on Climate Change (IPCC) agree with a 90 percent certainty that man is causing potentially catastrophic global warming. They even received the Nobel Peace Prize, along with Al Gore, for their exemplary work in the field. This, we are told, is a solid consensus having very few dissenters. The problem is that this so-called consensus is a myth – it never existed. Ever!

Outraged with the sheer duplicity of the press and warming alarmists, OISM launched the same petition again in 2008. They used a subset of the mailing list of American Men and Women of Science, a who’s who of Science, to mail the petition requesting the recipient to sign the petition if agreed that Kyoto was a danger to humanity.

The results, reported last May showed that 31,072 scientists, 9,021 of whom were Ph.D.s, signed the petition. Every signature has been vetted for authenticity.

Ironically, using the Freedom of Information Act, it has been proven that the so-called 2500 scientists the IPCC claims make up their “consensus,” are really not scientists at all. Of that total, only 308 scientists reviewed the 2007 IPCC report. Many of them disagreed, some strongly so. Not surprisingly, all of their comments were rejected and not included in the report. The remaining 2192 so-called scientists came from all walks of life; politicians, government bureaucrats, social workers, and apparently even a hotel manager. Less than 40 of the 308 scientists were generally supportive of the hypothesis, and less than 5 actually endorsed the report. Yet, the report was hailed by the media as the consensus of thousands of scientists.

Putting this into perspective, for every 1 scientist who even slightly favored the IPCC conclusions, 792 signed the petition saying there was no convincing evidence that there is man-made catastrophic global warming. For every Ph.D. that endorsed the IPCC report, 1800 signed the petition. If anything, there is a scientific consensus that man is not responsible for global warming. What did the media do with this potentially explosive story? They ignored it, as usual. A few, like Fox News, were gracious enough to have a byline on their website. Only the conservative media highlighted this phenomenal story.

It would seem the media, and by extension, the people who depend on it for accurate news, would rather believe a lie than the truth. This realization led Dr. Ross McKittrick, who discredited the hockey stick theory of the 2001 IPCC report, to lament, “We are now at the stage where mere facts, reason, and truth are powerless in the face of the global warming propaganda.” It is a scary thought, but he is correct. Ignorance and propaganda now form the basis of our policy on climate change (and many other environmental issues). We are treading a dangerous path.

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James Lewis understands what is driving the Baby Boomer permissive movement of the Far Left. They are mentally ill people, some even say insane. They are the products of overly permissive parents who thought love meant using no discipline. Instead they produced a generation of rebels that attack everything good in America and in Christianity.

We continually see the product of their not being brought up properly in all their irrational actions, the drugs, and the amoral life choices they make. They pick leaders that are much more radical and insane than they are. I noticed that trend back in the 60’s it was always the most insane in the group that actually led them in their drug gatherings. The rest just followed directions like the brainless zombies that they were - nothing has changed. Of course all the Baby Boomers did not take this path especially in the Christian areas of the country where parents, God, and country are still respected and honored. Thus, there is the difference we still see between those living in rural areas of the nation and those living in most cities.

Boomer zombies were easily brainwashed by media and the left controlled education system and they readily embraced post-modernism. This insanity would redefine all truth to fit their own pragmatism. Since the times of late 60’s these mentally ill have been trying to break down American society to replace the good with what they think is fit in their own amoral demented minds.

The results can now be seen in their pick of leadership for the national Democratic party. They plan to change America into the irrational idealism of socialism that their new guru and change agent promises them. These people do not live in a real world they live on some planet where mom and dad and government takes care of all their wants and needs. On the individual level many are still dependents, they never grew up. On the national security level they hide behind mom’s skirt hoping that the bullies that mom just lectured will see the error of their ways and leave them alone. Did it ever work? It does not work with world bullies either.

In comes Sarah Palin who scares them to death because she represents the good values of America that they long ago rejected for their postmodern “do whatever is right in my own eyes insanity”. You would think that the feminists would embrace her because she will do more to advance the cause of woman in the work force and America than anyone in modern times but they won’t accept her because radical feminism was never about equal rights, it was all about insanity and rebellion against God and men.

Sarah Palin has five children, one with Downs Syndrome so the feminists now say she should be at home taking care of them. Huh? The hypocrites were saying just the oppose before Sarah Palin came on the scene. Who would say that to a man? Sarah has a husband who will spend a lot of time being with the Children. The children will do just fine and you can be sure that will have the best of professional help in raising them. So her being a mother is really not the issue that is just their hypocrisy speaking. They are really scared to death that a woman can by a strong Christian, a strong leader and a mother of five children all at the same time. In feminazies eyes a woman can only become a strong leader if she were not stupid enough to also be a Christian or insane enough to be burdened by becoming a Mother of five. That is why most feminists have few children and why they hate Sarah Palin.

So now the question in the election comes down to are there more sane Americans who want a change back to what America was before the Far Left mentally ill hippie generation subverted it, or is America now filled with mostly insane people who would choose the socialist system of the Far Left loons?

One of the problems with the future of the Far Left America is that the spoiled boomers will want to just take from others and give nothing worthwhile back. However, the home piggy bank that they love to pilferage is now empty.

American Thinker: The End of Boomer Weirdness?

The Western world went from rational thinking to the Planet of the Weird. It’s been slip-slidin’ away ever since. Normal people watch it happening everywhere, and they feel utterly helpless to stem this epidemic weirdness, often rising to the level of criminality.

Our Leftist politicians are all kind of weird. From Howard Dean’s Scream to Obama’s uncontrollable God Complex, from Hillary Who Must be Queen to Bill’s sly seductions, all the way to John Kerry’s delusions of Swiftboat heroics, and Algore’s weird idea that NASA should launch a hundred-million dollar satellite specifically to beam TV pictures of a rotating Planet Earth back to all of us — these people are not planted on terra firma. They have little planetoids going around their heads.

Nancy Pelosi’s bubblehead response to questions about oil drilling is “I’m trying to Save the Planet.” Don’t tell me that’s normal. It’s not even normal in the hare-brained precincts of San Francisco. This is the woman who took it upon herself to negotiate with Bashir Assad as soon as she was elected Speaker, while her sidekick Steney Hoyer went to the Muslim Brotherhood in Cairo, to the distress of the Egyptian government. Barack Obama even sent Zbig Brzezinski over to Damascus — to do what? Negotiate with Bashir Assad? Tell him that help was on the way?

The Boomer Left even gave its weirdness a pretentious name: Post-Modernism. Old-fashioned Modernism, according to this tale, is the height of rationality. The ideal of Modernism is good sense, objectivity, reason, logic, and tolerance for competing ideas. Its symbol is the Empire State Building, square, tall, and built to minimize real estate costs on Manhattan.

The US Constitution was built as a bulwark against untrammeled lust for power. The Founders didn’t know Nancy and Harry in person, but they were pretty sure that power-mad demagogues would show up some time. They had studied history and understood human nature. As we can plainly see, they were right.

Post-Modernism leaves all that rational thinking far behind, like Alice tumbling through the looking-glass. The weirdness of the Left is not an accident; our hebephrenic media folk were taught flashy Po-Mo nonsense in their Ivy League classrooms, and they were dumb enough to fall for it. That is why they deliberately abandoned all those old-fashioned newspaper ideals of truth, objectivity and fairness. (And that’s why the Old Media are finally going bankrupt today. Hooray!)

Count Alfred Korzybski is not a household name, but he is relevant here. Korzybski was one of those eccentric Polish geniuses who come along every now and then. His useful contribution to this topic is one word: Unsanity. For Korzybski a society could be unsane without being insane

Our national conversation has become polluted, sabotaged by media weirdness.

This is where the McCain/Palin ticket may be of historic importance, because both the Senator and the Governor are quite sane folks. You can’t survive five years in the Hanoi Hilton if you don’t have a pretty firm handle on concrete reality. You don’t grow up hunting moose in Alaska if you confuse polar bears with teddy bears, as our eco-freaks seem to. Alaska is the polar opposite (so to speak) of Marin County.

If McCain and Palin win this election, we may be able to push the culture back to a level of sanity we haven’t seen for thirty years. Our colleges could start teaching reason and logic again. That would be wonderful.

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Listen to the words of Chuck Norris about the loose change that jingles in the head of Barack Obama. The problem with Obama’s change is that all it will buy is socialistic big government bondage.

Puff, the magic Obama!

As I listened to Obama’s speech, which mentioned “change” roughly 15 times, I thought, “I wonder how many of those 80,000 in attendance (and millions more watching by television) realize what type of change is really coming with Obama?” I’m not saying change isn’t needed. It is.

I want change in government, but not the type that will increase its role in our lives. I want change for our government to better adhere to and follow the Constitution, but not the type that appoints liberal judges and justices who legislate from the bench. I want change with America’s relationships with the rest of the world, but not the type that further compromises our national security. I want change with America’s role in the Middle East, but not the type that creates instability and gives al-Qaida the upper hand again. I want changes in our medical care, but I don’t want more big government and billions of dollars in new taxes. I want change with America’s deficit, but not the type that increases it. I want change at America’s borders, but not the type that creates more holes for terrorists and other illegal transport. I desperately want change in the tax code, but not one that ultimately raises taxes (only a Fair Tax eliminates most).

But all those types of changes are exactly what Americans will experience if we elect Barack Obama as president: More government, more taxes, more fluid borders and boundaries, more globalization and more risks with terrorism. Let there be no doubt about it – we will have change with Obama, but, America, I assure you it is not the type of change we need or want.

Hillary Clinton once mocked and ridiculed the depth of Obama’s experience and message. Bill Clinton called Barack’s candidacy the “biggest fairy tale” and even recently still couldn’t tell an ABC News correspondent that Obama was yet qualified or ready. Even Obama’s own VP choice, Joe Biden, echoed the same sentiment just a short time ago by saying about Obama: “The presidency is not something that lends itself to on the job training.” Biden and the Clintons are still correct. Obama is in reality nothing more than an inexperienced, liberal radical. He can trumpet a campaign of change, but all the political pomp and circumstance can’t change his insides or lack of leadership experience.

As with so many of you, I realized months ago Obama could unfortunately get away with just about anything because too many Americans seem to care only about charisma and the term “change.” It doesn’t matter if Obama plagiarizes speeches, who his pastor and spiritual mentor is for 20 years, that he’s got the most liberal voting record in the Senate, that he refused to wear the American flag as a pin, that he didn’t place his hand over his heart during the national anthem, that his wife has just recently become proud of her country or that he is sympathetic to Muslim terrorist groups, etc. Even a decade ago most could have never imagined appointing such a person to be county supervisor, let alone the president of the United States.

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Pat Buchanan brings up a very good question that I have not thought about before. The Liberal and Black expectations are that America must elect Barack Obama. So what will they do if they actually lose the election? After thinking about it I think I can already tell you.

This is not a request by the Far Left, the Blacks and the immoral special interest groups. It is a demand that we elect Barack Obama. Should Obama lose the election they will be claiming racism and election fraud and burning the cities and looting because they were disrespected and the national media will justify their actions.

Understand, that this is not a presidential election it is a coronation of the choosen King of the Liberals, Blacks and all the immoral special interest groups who wants Obama to take change out of your pocket and morality out of your mind in order to bring in a demented socialist utopia of delusion.

The Far Left elite are playing the racist card in order to put into power all their immoral programs through their chosen elitist half black man counting on the fact that race sensitive America would not dare reject a black man. If the nation does not elect Obama on a close election they will say the election was unfair so let the white controlled party and nation be dammed. If the nation does not elect him and the vote is not close they will say let this white racist nation be damned. If the nation elects him and he brings in the wealth transfer and Far Left socialist agenda that Obama stands for, the nation will be damned. So we are damned if we do and damned if we don’t elect Barack Obama.

So what will happen is that should Obama lose you will see Far Left instigation of massive civil disobedience making it necessary for McCain to either appease the Far Left and bring in the same agendas or McCain will move toward a police state, or both. The outcome might be determined by the depth of the civil disobedience.

Make no mistake, white America and all those who oppose Barack Obama’s moral positions are now being held hostage and should we choose not be black mailed the instigated civil unrest might become the biggest issues in this nation. So this election is not all about change or Iraq. There is a hidden agenda coming from the Far left controlled media, secular humanists, radical environmentalists, race baiting black leaders and all the immoral special interest groups that are forcing their agenda and perversions on this nation. They think they cannot lose no matter how this falls out and they are probably right since the moral majority is now a moral minority.

And if Obama loses?

Questions arise. With this immense moral and emotional investment in a Barack victory – by 94 to 1 in one poll black America is behind him — what happens if the nation decides he is too radical, too inexperienced, too callow, too risky to be president?

What happens if the American people reject their marching orders and say no to Barack and black America? What happens if all the hopes and dreams, hype and hoopla, end in disillusionment?

Would the defeat of Barack Obama be taken as an affront to black America? Could we be in for a time of deepening racial division rather than healing? Could we be in for a long, hot autumn like the long, hot summers some of us recall from 40 years ago?

One black preacher here suggested as much to me.

No candidate has ever been nominated by a major party with fewer credentials or a weaker claim to the presidency, or more doubts as to his core beliefs. If Obama wins, the country could be in real trouble. And if he loses, the country could be in real trouble.

What the media celebrate today, they may rue tomorrow.

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I have more than once said that this would happen. North Korea has been getting freebies from America for 15 years to stop their nuclear development and has done nothing but make nukes. You cannot deal with madmen. If you read this article you will see even after the 11 disablement measures are actually taken (they have been halted) it would only take North Korea only about a year to start the facilities up again (what a great deal!). Not to even mention the secret uranium project that North Korea has that is still making nuclear material that no one is talking about or the nuclear bombs it already has made for export. So the North Koreans found ways to backed out of all the deals and have make fools out of both the Clinton Administration and the Bush Administration. North Korea now hopes to take on what they know will even be a more foolish Obama Administration.

The U.S. State Department continues to be run by liberals and is in denial all over the world. They are just as loony with Iran. There is an old saying. Fool me once and shame on you, fool me twice and shame on me, fool me three times and I should get the Olympic gold metal for foolishness. Does anyone in our government know that North Korea has EMP capabilities? Does anyone care? And Rice thinks Russia will take anything we say on George or elsewhere seriously?

Maybe the world should reward the North Koreans with the Olympics and just pretend that they are such a wonderful free nation like they did with Communist China. I notice the North Koreans waited to after the Olympics to do this. Does anyone really think that was not coordinated with China? Sure, and China’s 14 year old woman gymnasts were 16 years old. You know one of these days this whole foolish appeasement thing is going to unravel worldwide and we are going to be in a world of hurt.

North Korea says it halts nuclear reactor disablement | International | Jerusalem Post

The North’s announcement marks the emergence of the biggest hurdle yet to the communist nation’s denuclearization process under a landmark deal last year and is expected to escalate tension in the nuclear talks involving China, Japan, the two Koreas, the US and Russia.

Pyongyang’s Foreign Ministry said it suspended the disablement work at the reactor and other facilities at its Yongbyon nuclear complex as of August 14 because the US did not keep its promise to delist Pyongyang as a terror sponsor under last year’s deal.

The ministry also said the country will “consider soon a step to restore” the Yongbyon nuclear facilities, but did not elaborate.

Yang Moo-jin, a professor at Seoul’s University of North Korean Studies, called Tuesday’s statement “very serious” and said that it could mean Pyongyang may have decided not to deal with the administration of US President George W. Bush.

South Korean and US officials have said eight of the 11 disablement measures have been finished and that when the entire disablement is completed, it would take at least a year for the North to restart the facilities.

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From what I know a determined enemy would not have great difficulty in taking down the whole Internet. It probably could even be done by a well trained coordinated terrorist group. I have come to the conclusion that any website or any target can be brought down fairly easily. To bring down the whole system would just take a larger more sophisticated effort and that is very likely in a war.

We need to realize that the Internet is not reliable or secure and we should not be controlling our critical infrastructures and just-in-time-inventories solely relying on the Internet as it is designed now. One of these days we are going to wake up and the whole Internet system will be down and it is not going to come back up anytime soon. Then what is the back up plan? Going back to the 50’s without inventories or electronics? How will you even get your money out of the bank? Try buying something at a store with a charge card when the Internet is down.

The Internet needs to be completely redesigned from the ground up making security the primary issue. Either that or just use the internet for fun and games and information but don’t ever think it will be there for corporations, finance and government to communicate after a sophisticated attack by an enemy. Like the EMP threat our society is betting it’s whole future on access to those 1’s and 0’s. There is no access to those databases of 1’s and 0’s if the electricity is out or communications between electronic devices are no longer there.

Revealed: The Internet’s Biggest Security Hole | Threat Level from Wired.com

Two security researchers have demonstrated a new technique to stealthily intercept internet traffic on a scale previously presumed to be unavailable to anyone outside of intelligence agencies like the National Security Agency.

The tactic exploits the internet routing protocol BGP (Border Gateway Protocol) to let an attacker surreptitiously monitor unencrypted internet traffic anywhere in the world, and even modify it before it reaches its destination.

The demonstration is only the latest attack to highlight fundamental security weaknesses in some of the internet’s core protocols. Those protocols were largely developed in the 1970s with the assumption that every node on the then-nascent network would be trustworthy. The world was reminded of the quaintness of that assumption in July, when researcher Dan Kaminsky disclosed a serious vulnerability in the DNS system. Experts say the new demonstration targets a potentially larger weakness.

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A Democratic Party President, a Democratic House and a filibuster proof Democratic Senate would be the end of this nation as we know it. When are people going to realize that this secular humanist amoral Democratic party is not the Democratic party of our fathers? The national party is now controlled by radical left wing elitist power brokers. It is a fifth column of elite that wants to force the U.S. to conform to the socialist globalist rules of the UN and the EU.

We would be a Left wing Fascist socialist nation in no time. Within a year or two they would have a liberal Supreme Court to uphold their unconstitutional laws and anything Obama, Harry and Nanny wanted they would get. The whole U.S. Constitution and Bill of Rights would be redefined by godless socialists. By the end of term they will have changed media laws, they will have put into effect anti Christian hate speech laws and they will have made broad political changes that will insure that they stay in power. Somewhat like Putin and his Fascist people are now doing in Russia.

Even if they do not get their filibuster proof majority in the Senate it does not mean that we are out of the woods. If there is a Democratic President the scum suckers will try to change the Senate rules and stop filibusters all together and they will probably succeed. The only reason these bottom feeding scum suckers have not attempted to do that already is that they know that a Senate rules change now would not help them with a Republican President in office who would veto their bills.

So gee…nothing less then our Republic is on the line during the next election. So if you want to live under left wing Fascism you know how to vote. I find it simply unbelievable that so many people in this nation continue to vote for a national party that has not taken a correct moral stand on any significant issue in decades. Don’t you people even believe what your religion teaches? If not quit pretending! Admit you believe in nothing but how the government can give you a free handout.

Don’t count on being able to remove these bottom feeders in four years like some say will happen either. By then the rules of the political game will have changed and they will have muzzled free speech. We could even be under Marshall law. You will need a military coup to get the scum suckers out of office if that happens.

Don’t also count on the U.S becoming some Christian socialist paradise through the liberals passing huge give away programs and bailouts that this nation cannot afford. The failed economic polices of socialism will put us in the worse economic times in the history of this nation. We are in trouble already because of a democrat controlled House and Senate. Just one example is the cost of gas. Why do you think gas is four dollars a gallon? It is because liberals would not let people drill where there is significant oil or build refineries for twenty years.

Left wing naive wishful thinking will bring foreign policy miscalculation against Iran, Russia, and others that will probably put us in the third world war. So vote for a Democrat and also sign up for the draft.

You cannot say you were not warned when you still go ahead and vote for that Democrat.

(Of course I am mainly  talking about national candidates not all democrats running for local offices)

RealClearPolitics - Articles - Democrats Aim for a 60-Vote Senate

Here’s an intriguing thought: The John McCain-Barack Obama fight isn’t this season’s biggest political story. That honor should be reserved for the intense Democratic push to win a filibuster-proof Senate majority.

Democrats know this is a huge prize, and they are throwing at least as much money and sweat into that effort as they are into electing Mr. Obama. What isn’t clear is that voters are as aware of the stakes. An unstoppable Democratic Senate has the potential to alter the balance of power in Washington in ways not yet seen.

Mr. Reid won’t necessarily need 60 votes to hold Washington’s whip hand. With a contingent of blue-state Republicans (think Maine’s Olympia Snowe), Mr. Reid could peel off votes and have an “effective” filibuster with just 57 or 58 seats. That may not be enough to accomplish every last item on his wish list, but close.

That wish list? Take a look at what House Democrats (who aren’t burdened with a filibuster) unilaterally passed last year: The biggest tax increase in history; card check, which eliminates secret ballots in union organizing elections; an “energy” bill that lacks drilling; vastly expanded government health insurance; new powers to restrict pharmaceutical prices. Add to this a global warming program, new trade restrictions (certainly no new trade deals) and fewer private options in Medicare.