It wasn’t long after the Paul Ryan budget was released that the disinformation Democrats began trumpeting seniors being starved, being unable to afford health care, and the usual demogogic scare tactics. But doctors are dropping coverage, the key slices of the pie above are growing much faster than inflation, and the Democrats have no plan other than the age old cut benefits (reimburse doctors less) and increase taxes, just enough to kick the can down the road for someone else to deal with. Congressman Ryan had the guts to come up with a plan to actually fix the system by giving seniors a choice and they seem to like the idea. Why?
main stream media
It is difficult to imagine that a nation which began, at least in part, as the result of opposition to a British mandate giving the East India Company a monopoly and imposing a nominal tax on all tea sold in America would have set out to create a government with the power to force people to buy tea in the first place. – Judge Roger Vinson opinion in STATE OF FLORIDA v UNITED STATES DEPARTMENT OF HEALTH AND HUMAN SERVICES
Perhaps the most arrogant, condescending act of Congress was the passage of ObamaCare. Opinion polls consistently counted the American public to be strongly against it. Town hall meetings during the summer before its passage were raucous and united in opposition as politicians cowered before their constituents. Many politicians who voted for the bill stopped holding town hall meetings, choosing instead to hide under their desks. During the fall 2010 elections, rare was the Democrat who boldly campaigned on ObamaCare.
The bedrock principle of the First Amendment is to protect political speech from government censorship. That is what the Founders intended as a way for the citizens to disagree with their government without fear of reprisal.
I suppose we knew it wouldn’t take long before this turned into another “opportunity not to be wasted” to curtail our Second Amendment liberties further. On Slate.com William Saletan, wrote a piece called, “Friendly Firearms: Gabrielle Giffords and the Perils of Guns: How an Armed Hero Nearly Shot the Wrong Man.”
On October 17, 2010 members of TeaParty365 and Media Matters gathered in front of the New York Times headquarters and later in the day at the headquarters of NBC to protest the liberal distortions of those and other main stream media outlets.
httpvh://www.youtube.com/watch?v=7fCL_o-WhFo&hd=1
It is interesting to note the tea party members who can be seen (Chinese, black, young white female) are not what the main stream media keep telling us make up the tea parties, while the liberal who stops to curse at the protest is an old white guy. The mainstream media did come to see what was going on and interviewed the organizers of the event as well as this correspondent, but seemed bored and disappointed that some self fulfillling controversy didn’t break out. Attempts to find any footage of their filming after the fact were fruitless.
Republicans have to learn to stop fighting by the Marquis of Queensbury rules, while Democrats, bite, kick, pull hair, scratch and hit below the belt. Yes, Christ told us to turn the other cheek, but he also overturned tables, formed a whip out of cords and drove the money changers from the temple. In other words, sometimes you have the hit the bully hard between the eyes before he learns to stop being a bully.
So if the Republicans regain control of Congress in November, they should open the new Congress in January with detailed hearings on what happened to Fannie Mae and Freddie Mac and don’t pull any punches. By that I mean if they need to put Andrew Cuomo in the witness chair, even if he is the governor of New York, which he probably will be, then they should do so. It’s time to stop playing patty-cake.
For all the hoopla of the Dodd-Frank Act, Fannie Mae and Freddie Mac were left out of the new regulations. Oh, we’ll get to those later. Okay, let’s get to them with the Republicans in charge. Let’s expose how it was our government that got us into the housing mess and let’s do this before the Democrats re-write history and paper over their culpability in the greatest financial crisis since the Great Depression. It’s time to put the big lie to “it’s all Bush’s fault and Republican policies.”
The papering over has already started by none other than Franklin Raines the former head of Fannie Mae who received bonuses of over $90 million while at the helm of Fannie Mae and was also charged with cooking the books that helped him receive those bonuses. He reached a settlement with the SEC and gave back about $1.8 million from the profits in the sale of Fannie Mae stock and gave up $5.3 million in future benefits related to his pension. But he essentially kept the rest, what the Wall Street Journal called a “paltry settlement.”
Mr. Raines claims the demise of Fannie Mae and Freddie Mac, to which taxpayers have already coughed up $145 billion, was due to bad credit decisions made after he left the firm. To put it in his own words:
“The Journal had been warning for years that the on-balance sheet portfolios of Fannie and Freddie would lead to their demise. Mr. Carney suggests that excessive leverage was the culprit. Unfortunately, neither of these were involved. Nope. Just bad credit judgments. Decisions made, by the way, while operating under close regulatory scrutiny.”
According to the Wall Street Journal “What he doesn’t say is that Fan and Fred had a political and legal mandate to support low-income housing.” To meet this mandate which had increasing goals each year, Fannie and Freddie had to cast a wider net to find these borrowers and the wider they cast the net the lower their standards had to be. Thus more creative types of mortgages were created to lower the bar such as, interest only loans. This scheme would continue to work as long as housing prices kept rising but that could not go on forever. When the music stopped a lot of people were left standing without chairs and we all lost. People’s credit ratings were destroyed, mortgage securities were worth far less than face value, people walked away from houses, and taxpayers were forced to pick up another “too big to fail” enterprise. By the way, where in the Constitution does it authorize the federal government to get involved in helping people buy houses?
The secret veil put in place by the main stream media has been lifted. With the Internet and the bloggers and cable television and talk radio, the main stream media can no longer keep information that does not comport with their agenda hidden from the American people. The American people are energized and informed but that may not last long after the election, if we don’t continue to engage them. Uncovering the true “swamp” that is our federal government and draining it should begin by letting the sun shine in. So let’s do away with the good ol’ boy politics of not rocking the boat when you gain control so that they won’t rock the boat when they get it back. If we don’t have a new class of non-incumbents who are willing to go to Washington and clean it up, really clean it up, we need to get rid of them and put new people in their place. If that means replacing Republicans with better Republicans or Democrat incumbents with better Democrats, so be it. We have to end the process of only being able to choose between two pathetic life time politicians who have never lived in the real world.










