Obviously the current financial issue has been brewing for some time...

CHRIS CUOMO, ABC NEWS: A little surprising for you to hear the Democrats saying, "This came out of nowhere, this is all about the Republicans. We had nothing to do with this." Nancy Pelosi saying it. She signed the '99 Gramm Bill. She knew what was going on with the SEC. They're all sophisticated people. Is that playing politics in this situation?

BILL CLINTON: Well, maybe everybody does that a little bit. I think the responsibility the Democrats have may rest more in resisting any efforts by Republicans in the Congress or by me when I was President to put some standards and tighten up a little on Fannie Mae and Freddie Mac.

ABC Interview with Preident Clinton - Sept. 25, 2008

On a related note, in 2003, President Bush wanted to set up a new aganecy to oversee Fanny and Freddie

 

The root of the problem is that banks, under the "direction" of the federal gov't, loaned money to people to buy houses they could not afford.

Unfortunately, it only got worse from there. If the banks just did minimum of what the Gov't told them to do, we would be looking at a much smaller crisis, because we would be dealing with lower priced houses going into foreclosure, instead, banks gambled on the price of houses continually going up, and started loaning to everyone, whether they could afford if or not.

...the more they soildify my vote for McCain. It's not that I like McCain any more, but because those making the disturbing/outlandish/disgusting/biased/crude remarks  will be those who will have Obama's ear.

1933 & 1934

1933: Comptroller of the Currency announces temporary halt by banks of foreclosures.
1934: Congress agrees to the Home Owners Refinancing Act as part of the larger NEW DEAL.
1934: The Emergency Banking Act is passed to save the run on small banks causing them to go into bankruptcy.

those who fail to learn from history are doomed to repeat it.

Dear American:

I need to ask you to support an urgent secret business relationship with a transfer of funds of great magnitude.

I am Ministry of the Treasury of the Republic of America. My country has had crisis that has caused the need for large transfer of funds of 800 billion USD. If you would assist me in this transfer, it would be most profitable to you.

I am working with Mr. Phil Gramm, lobbyist for UBS, who (God willing) will be my replacement as Ministry of the Treasury in January. As a former U.S. congressional leader and the architect of the PALIN / McCain Financial Doctrine, you may know him as the leader of the American banking deregulation movement in the 1990s. As such, you can be assured that this transaction is 100% safe.

This is a matter of great urgency. We need a blank check. We need the funds as quickly as possible. We cannot directly transfer these funds in the names of our close friends because we are constantly under surveillance. My family lawyer advised me that I should look for a reliable and trustworthy person who will act as a next of kin so the funds can be transferred.

Please reply with all of your bank account, IRA and college fund account numbers and those of your children and grandchildren to wallstreetbailout@treasury.gov so that we may transfer your commission for this transaction. After I receive that information, I will respond with detailed information about safeguards that will be used to protect the funds.

Yours Faithfully,
Paulson
Minister of Treasury 

Earlier this year, Alaska was predicted to have the coldest summer on record.

Now on the other side of the globe, South Africa just had its coldest September night on record.

Two weeks ago we made a mid week trip to Branson, Mo to go to Silver Dollar City’s “Gospel Fest”. Even though the remnant of Gustav came pouring down on us starting Tuesday evening, we still managed to listen to some great southern gospel music.

Yeah, Yeah, I know… “Aren’t you the guy that likes Megadeth and Alice Cooper?” Yes, I am. I like a wide range of music. In fact I can say the only music I don’t like is Rap/Hip-hop, most modern country and Christian contemporary, The latter because it seems to be all about “me” instead of God… but I digress…
 
As mentioned we saw quite a few good acts, including Tulsa area Forgiven Quartet, the Whisnants, and Poet Voices. We also managed to snag up a few CDs. So far the one that really stands out is Mitchel Jon’s Pouring Rain. The sound is hard to nail down, it’s got elements of southern gospel, blues, and soul. The CD Starts off with a cover of “People Get Ready”. Other songs were written by Gospel veteran Phil Cross.

Needless to say, Im about to wear the CD out...

 

Every breath you take
Every move you make
Every bond you break
Every step you take
Ill be watching you

- Police

Photo Ticket Cameras to Track Drivers Nationwide

back in 2005 we were warned about Freddie Mac and Fannie may, instead the democrats blocked the attempt to reel them in...

this is what Juan McCain had to say about it in 2005:

Sen. John McCain [R-AZ]: Mr. President, this week Fannie Mae’s regulator reported that the company’s quarterly reports of profit growth over the past few years were “illusions deliberately and systematically created” by the company’s senior management, which resulted in a $10.6 billion accounting scandal.

The Office of Federal Housing Enterprise Oversight’s report goes on to say that Fannie Mae employees deliberately and intentionally manipulated financial reports to hit earnings targets in order to trigger bonuses for senior executives. In the case of Franklin Raines (Obama's Housing Advisor), Fannie Mae’s former chief executive officer, OFHEO’s report shows that over half of Mr. Raines’ compensation for the 6 years through 2003 was directly tied to meeting earnings targets. The report of financial misconduct at Fannie Mae echoes the deeply troubling $5 billion profit restatement at Freddie Mac.

The OFHEO report also states that Fannie Mae used its political power to lobby Congress in an effort to interfere with the regulator’s examination of the company’s accounting problems. This report comes some weeks after Freddie Mac paid a record $3.8 million fine in a settlement with the Federal Election Commission and restated lobbying disclosure reports from 2004 to 2005. These are entities that have demonstrated over and over again that they are deeply in need of reform.

For years I have been concerned about the regulatory structure that governs Fannie Mae and Freddie Mac—known as Government-sponsored entities or GSEs—and the sheer magnitude of these companies and the role they play in the housing market. OFHEO’s report this week does nothing to ease these concerns. In fact, the report does quite the contrary. OFHEO’s report solidifies my view that the GSEs need to be reformed without delay.

I join as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190, to underscore my support for quick passage of GSE regulatory reform legislation. If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole.

I urge my colleagues to support swift action on this GSE reform legislation.

Meanwhile contributions from Fannie Mae & Freddie Mac have come to light... one of the biggest recipiant of "donations"? Barack Obama.

This makes it Bush/McCains fault, how?

Dear Libertarians, Greens, Constitutionalists & other 3rd Party Candidates and National Organizations,

I know you want to see change, I think we all do (as long as it is the right kind of change), but why must all of you act like teenagers looking to make a million dollars right out of high school? Why cant you do what most successful people do and start at the bottom and work your way up? How many 3rd party Congressmen or Senators are there on the national level? How many on the state level? If the general population can't see your words in action, then why should they trust you to vote for you?

I understand your arguments about wanting access to state ballots, and I agree, if you run for president and are from a legitimate party, people should have the right to vote for you, but without any kind of support from the bottom up your odds of winning are slim and none.

I still like Bob Barr, I also know I won't get a chance to vote for him in November because of the despicable way Oklahoma has kept him and others off of the ballot. So once again, I will have to hold my nose and vote for the lesser of two evils.

So here's a little advice... to increase your chances in 4 years I would suggest that, starting in 2010, 3rd party candidates line up for local, state and federal offices outside of the presidency to give you the appearance of seriousness and viablility to the voting public.

 

Or maybe she has a better grasp of what NATO membership entails that Obama & Biden...

"Going forward, the United States and Europe must support the people of Georgia. Beyond immediate humanitarian assistance, we must provide economic assistance, and help rebuild what has been destroyed. I have consistently called for deepening relations between Georgia and transatlantic institutions, including a Membership Action Plan for NATO, and we must continue to press for that deeper relationship." - Statement of Senator Barack Obama on the Conflict in Georgia, August 11, 2008

"I believe, and speaking for myself only, we should encourage Ukraine and Georgia by granting their requests for MAPs. Both countries have made substantial progress towards consolidating the gains of the Orange and Rose revolutions -- and they already have made substantive contributions to NATO operations. A Membership Action Plan is not an irrevocable step for either the applicant state or for the alliance. The decision on an invitation to join the alliance can take as long as NATO wants or the applicant state requires." - Statement of Senator Joe Biden, March 11, 2008

 

About a week ago a new face on the republican scene made a joke during her acceptance speech "what’s the difference between a hockey mom and a pit bull? Lipstick."

Yesterday Obama made a quip saying "You can put lipstick on a pig," Obama said as the crowd cheered. "It's still a pig."

Obama may not have meant to call Palin a "pig", even though her lipstick reference is still fresh in everyone’s mind (and probably why the croud was cheering), but in the eyes of this “typical white person” who is “bitter” and “clinging to his guns and his God”, he has some 'splanin to do.

 

Here are a couple of items concerning the probable mark of the beast:

1) Security: Work has been completed on the first uncloneable RFID chip, which basically means that your information is "secure" and cant be copied onto another chip.

2) Familiarity: More and more animals are being chipped with microchips to "help reunite them with their families". It is now mandatory on Long Island on animals adopted from the animal shelter.

As mentioned previously there has been talk about implanting parolees, inmates and alzheimer patients.