By Larry Johnson
closeAuthor: Larry Johnson
Name: Larry Johnson
Email: larry_johnson@earthlink.net
Site: http://NoQuarterUSA.net
About: Larry C. Johnson is CEO and co-founder of BERG Associates, LLC, an international business-consulting firm with expertise combating terrorism and investigating money laundering. Mr. Johnson works with US military commands in scripting terrorism exercises, briefs on terrorist trends, and conducts undercover investigations on counterfeiting, smuggling and money laundering.
Mr. Johnson, who worked previously with the Central Intelligence Agency and U.S. State Department’s Office of Counter Terrorism, is a recognized expert in the fields of terrorism, aviation security, crisis and risk management.
Mr. Johnson has analyzed terrorist incidents for a variety of media including the Jim Lehrer News Hour, National Public Radio, ABC's Nightline, NBC's Today Show, the New York Times, CNN, Fox News, and the BBC. Mr. Johnson has authored several articles for publications, including Security Management Magazine, the New York Times, and The Los Angeles Times. He has lectured on terrorism and aviation security around the world, including the Center for Research and Strategic Studies at the Ecole Polytechnique in Paris, France. He represented the U.S. Government at the July 1996 OSCE Terrorism Conference in Vienna, Austria.
From 1989 until October 1993, Larry Johnson served as a Deputy Director in the U.S. State Department’s Office of Counter Terrorism. He managed crisis response operations for terrorist incidents throughout the world and he helped organize and direct the US Government’s debriefing of US citizens held in Kuwait and Iraq, which provided vital intelligence on Iraqi operations following the 1990 invasion of Kuwait. Mr. Johnson also participated in the investigation of the terrorist bombing of Pan Am 103. Under Mr. Johnson’s leadership the U.S. airlines and pilots agreed to match the US Government’s two million-dollar reward.
From 1985 through September 1989 Mr. Johnson worked for the Central Intelligence Agency. During his distinguished career, he received training in paramilitary operations, worked in the Directorate of Operations, served in the CIA’s Operation’s Center, and established himself as a prolific analyst in the Directorate of Intelligence. In his final year with the CIA he received two Exceptional Performance Awards.
Mr. Johnson is a member of the American Society for Industrial Security. He taught at The American University’s School of International Service (1979-1983) while working on a Ph.D. in political science. He has a M.S. degree in Community Development from the University of Missouri (1978), where he also received his B.S. degree in Sociology, graduating Cum Laude and Phi Beta Kappa in 1976.See Authors Posts (886) on September 26, 2008 at 8:34 AM in Current Affairs, Economy, George Bush, Harry Reid, Housing Crisis, John Batchelor, John McCain, Nancy Pelosi
(Crossposted with permission of John Batchelor)
By John Batchelor. posted on September 25, 2008 at 6:36 PM
Dick Shelby of Alabama Strolled Out
Late this afternoon, after the markets closed, after the big pow-wow at the White House called by President Bush to confront the market crisis, Dick Shelby (R) strolled out onto the White House portico (right, bad weather) to the waiting media mob of cameras, mikes, cell phones, open feeds, bloggers, and blinked at the lights. “I guess you were expectin’ bigger fish?” Mr. Shelby meant the two candidates, Barack Obama and John McCain, who slipped out the side door to their limos and entourages. Dick Shelby then went on to give the news. “No deal.” He produced a document that he said was signed by five hundred economists who asserted that the Hank Paulson deal was bunk. That there is no credit crunch on Main Street. That Wall Street is running a panic game. That the deal the president spoke of last night, and again today, is not going forward.
The House of Representatives Has the Purse
There is no deal unless the deal comes from the House. No deal unless George Bush and Harry Reid and Mitch McConnell, and the two candidates, stay out of it. Obama is a minor leaguer here, and the House doesn’t pay mind. McCain is a doorjamb here, and the House ignores him. The Senate does not lead. Those 100 whig-wearing popinjays do not have the power of the purse, as per the beautiful Constitution This is about the people’s House; the is about what John Boehner and Nancy Polosi decide (left, between Bush and McCain). No deal unless and until the House says there is a deal. And as of right now, no deal. Wall Street can go melt in global warming. (Or freeze, given the solar silence, the fall of solar wind, the lack of sunspots.) No deal. The futures are off 350. Gold will climb in Asia. The dollar will crumble. No deal. Does that mean no debate Friday night? Who cares about those two senators. The House is the boss now. Watch Wall Street open tomorrow, after the wave sweeps in from Europe. More soon. More here. Comments welcomed. Thanks. JB
I agree that it may not be as critical as some are making it but it is a crock to say it’s all a scam. You can find 500 economists to sign anything, means nothing. There will be a deal. It may not resemble the original Paulson deal, but it will happen and I think McCain will be central to it. Doorjamb? What does that mean anyhow? This is the worst article I’ve ever seen at NQ, why is it even here?
I may be naive, but the opinion of 500 economists sounds significant to me.
You’ve never heard the old adage that you can put all the economists in the world end to end and they still wouldn’t reach a conclusion? 500 economists, please. Show me who they are.
I heard Rep. Shaddeg of AZ on the radio this morning. He said at the meeting attended by the Republican lawmakers, Boehner and McCain stood out as the ones looking out for the taxpayer.
The host referred to Shelby as “the skunk at the garden party” so I guess he was pushing for the Wall St. bailout.
Barney Frank blames the GOP house members.
When you read this article, it’s funny how the Dem leadership was “shocked” at the divisiveness within the GOP. Essentially, the house Reps are bucking Bush.
How do the Dems think they took over in 2006? Conservative Republicans stayed home in protest of Bush’s policies.
Shelby was passionately opposed to the bailout - he made a statement in front of the cameras after leaving the White House meeting. I guess you missed it.
I did miss Shelby’s statement. I don’t know why the radio host referred to Shelby as a skunk.
Another writer weighs in on McCain’s position:
Senator Shelby asked Secretary Paulson in the hearing earlier this week if he had looked at other options and he got silence from Paulson. Paulson looked like a fool in that exchange.
James Galbraith is against the bailout. He is about as liberal an economist as there is in academia. He is professor at University of Texas LBJ School of Public Affairs. He is quoted here
Paul Krugman is against it, too.
And Krugman’s quite the progressive.
Not really. Remember the list of ‘150 expert economists’ who all purported to totally trash Hillary’s gas tax plan?
This list was whipped up from the address book of Hank Aron, BO’s biggest dem donor, and cheerfully lumped the Hillary and McCain plans together, totally ignoring huge factual differences in them, and then tarred them with the same brush.
No one ever scrutinized the details of their analysis, nor who they were politically or in relation to each other, and it was all just so much election window-dressing.
I am not prepared to believe anything said by this list of 500 economists until I find out more about who they are, what their own research-based positions on relevant issues have been in the past, and how they relate both to the political parties and each other.
Point taken. We have to be sure it’s legit.
If you believe that Congress should stop putting earmarks and pork in the Bail Out Bill please sign the petition attached below.
http://www.rallycongress.com/americansforleadership/1228/a-call-to-the-house-and-the-senate-“-do-not-add-ear-marks-into-the-bail-out-bill-or-you-will-not/
Note: Use the Free option to send.
Thanks,
500 ecnomists saying the same thing? I dont’ think so.
NO DEAL!!! I agree. McCain and the pubs pulled a brilliant move and it IS the right move for america.
We cannot give away money and hope we get a return.
The dems earmarked 20% of it to angry lefties like La Raza and ACORN.
NOW, the dems are on Bush and the establishments side while the republicans are saying no way. Bush leaves in 4 months and paulson has been consistently wrong.
We bailed out Fannie and Freddie in july.
It is a money game that these guyys are playing with our taxes.
I DO not want a cocksucking penny of mine to go to ACORN, they are in fraud cases in 4 or 5 states.
Ridiculous. Democrats are using our money to fund phony registration and socialist projects.
I am 100% with republicans. Let us put a bill together that will not indenture generations of our children and their children.
We can get rid of certain taxes and make the market fit for the 21st century.
A bailout leads to more bailouts as we have already witnessed this year.
McCain was dead right to go to washington and give them the cover to oppose tis plan.
I personally hope they do the plan Newt Gingrich talks about.
I know poeple here hate him and republicans, However i would like you to remember that When Bill C ran the show republicans had a majority in the house and senate and it was just as much their ideas mixed and comprimised with clintons that gave us such a boom in the 90’s.
We can call them evil and so forth but some time you will have to look at the truth of history and know that ALL republican policy is not bad. In the 90’s they were quite good.
(at the same time disgustingly partisan, and they wasted money on erroneus charges) Policy in the 90’s was largely shpaed by Bill Clinton and Newt Gingrich.
Good for the House Republicans for sticking it to Wall Street, too. Did you read this comment? These assholes are throwing a fit, because they thought they could get away with passing their junk off on the taxpayers and keeping their jobs.
as we walked by a generic corporate office- the workers yelled down at us to “get a job” and waved fist fulls of cash at us!!!
let the SOB’s shake their money…I still say no to bail out…make it a damn loan and make them pay the Gov. back.
If they have fists full of money to wave around they can bail themselves out.
Exactly. Let’s see what they’re shaking a couple months down the road.
“Masters of the Universe” my blankety-blank.
Paul I agree — I knew it was a phoney bill when it included 150 Bill for Acorn. This is an Obama heist. It has his name all over it. Go McCain.
Paul, Paul, Paul, the bail out is a Republican Administraion plan supported by Republican Senate members and some Republican House members. McCain went to try to get the fiscal conservative House Repubs to say yes to the bill. So far they’ve held firm in their oppostion to this bail out. Nancy is not going for this bail out unless a large number of Repubs are with her and her Dems.
The Paulson plan is.
But the Dodd/Frank bill is a complete ripoff, with a REQUIRED 20% of any profits from resale going to something called The Housing Fund (a replacement for CBC payouts from Fannie & Freddie).
In other words, the American taxpayer takes all the risk, and assumes all the losses.
But if there are any profits from the fire sale, Dodd, Frank, Pelosi, and Obama have written into their “plan” that 20% of that profit goes right into a new slush fund for “urban housing,” with little or no oversight to where that money goes.
Americans will abide such a scheme.
Thank GOODNESS the House Repubs actually read the Dodd/Frank plan, and finally explained to the American people how Obama and his cronies in Congress were about to BAMBOOZLE them again.
As Krugman says, NO DEAL.
Sorry…..meant to say “Americans will NOT abide by that scheme.”
But how will Acorn buy a new pair of shoes then?
Meanwhile, Times UK argues that the winner of this election will be a one termer - but the next one will be great
http://edgeoforever.wordpress.com/2008/09/26/how-hillary-is-a-winner/
Yes No Deal on Derivatives bailout that will never work. Nothing can bail out 1 quadrillion in derivatives losses.
NO WELFARE FOR WALL STREET
Government to promote the General Welfare we need a NEW DEAL
Return to Article 1 sec 8!
Federalize the private Federal Reserve. Put Goldman Sachs and JP Morgan, etc into bankruptcy reorganization. Save the legitimate banks of Main street, not the looters. Ban derivatives destroy the hedge funds before they destroy civilization.
Bring back Hamiltonian banking to fund the productive economy that feeds people.
The democrats sugar coating on the Bailout is just sugar to make us swallow the blackmail.
Good For Shelby!!!
Barkey is a Wall Street operation- Read/Buy Webster Tarpley’s new book
Barack H. Obama: the Unauthorized Biography
No advertising budget buy multiple copies if you can at Amazon… this book will shock you.
JP Morgan? Are they not purchasing WAMU?
Why do you say they need to go into bankruptcy reorganization?
This thing needs to be clean…no earmarks..pork…nothing…nothing for ACORN or any of these places who just misuse the funds..
I still say loan the banks the money and make them pay it back…
‘Doorjamb’!!?? It certainly paints McCain in a light that most of the msm likes to place him under.
Did not like the view of that observation.
Do believe however that McCain ist not foolish enough to make a firm direction pull one way or the other until he fully comprehends the effects,motivations and details of the ‘DEAL’.
His silence is in no way an indication of uncertainty or concern to act.He is not afraid to lead.He will not remain on the side lines.
McCain rallied the House Republicans and shot down the dirty bill the Dems tried to stick us with. If he has a role in brokering bipartisan legislation, then he can steal the economy as an issue from Obama. House Republicans are loyal to him, too. Cantor is a stand up guy and was vetted as a VP possibility for McCain.
I think it is wise to not ram this bailout through. With the sky is falling reporting, the panic and need to rush before impending doom and gloom only serves to create smoke and mirrors.
Who will benefit from this?
With ACORN and other organizations that have an ethical cloud over them standing to benefit from this bailout, our public servants need to procede with caution and the upmost integrity.
I think the panic we are seeing is that many of corrupt, powerful, self-interested politicians are afraid their corpulence will be exposed. He who squeals loudest has the most to hide.
Americans will no longer tolerate the wasteful preferential buddy system that corrupts Washington and Wall Street.
All parties must be questioned and held accountable.
Floaty Hopey Poopy, a little reality here please. The bail out was Bush’s gift to us via his Treasury Secretaty and his Fed Chairman. Nancy bought it and agreed to bring along her Dems if enought Repubs took the plunge with her.
The strong fiscal conservatives in the House said no deal so Cheney was sent to the House to strong arm them and they still said no deal. Then John McCain dropped in to try to jaw bone the Repub conservatives. So far no deal.
This has not been a good issue for John McCain. First people remember John’s economic advisor Phil Gramm’s whining comment and the mental recession. Then last week he went from the economy’s fundamentals are good to fire the SEC chairman to this week dropping everything to get back to DC except for detours to do an interview on CBS and a speech in New York City.
I doubt the hold out conservatives in the House are inclined to change their position because of anything John McCain says.
Joy, you are have the mental agility of a sloth.
Leisa, call me Sid but the bail out plan is sponsored by the Bush Administration and McCain has been all over the board on the issue. He suspended his campaign to rush back to DC with just a few stops along the way like an interview with Katie Couric and a speech in New York. You may not like facts but these are the facts.
Ah…..Joy…..one of Obama’s low-information supporters, who hasn’t a clue that the Fannie/Freddie fiasco was completely a Democratic failure.
Economics should be required in high school.
Thanks to the House Republicans, all Americans now know about the Dodd/Frank bamboozlement bill.
And John McCain made sure it didn’t happen all over again.
Now THERE’s a leader.
Mary, please try to follow the topic. I know reading comprehension is down these days but please try. Fannie and Freddie was a joint bail out and the Repubs were sure not into deregulation.
John McCain did zero on this latest bail out other than put in an appearance in DC. John’s only claim to fame on this issue was looking like a fool going from the fundamentals of the economy are fine to don’t leave DC until there is a bill.
The strong fiscal conservatives in the House balked and just like Bush’s Dubai Ports deal the public got wind of the plan and started calling their Senators and Representative.
Make that regulation.
From what I hear public sentiment is against this deal. The feeling is “If I can’t pay my debts I lose my house, my business, and savings. Why do these fat cats get something I didn’t?”
At our expense!
I couldn’t agree MORE with that sentiment. These fat cats have their freakin’ HUGE bank accounts already. They don’t have to worry about paying a mortgage, buying food for their families, putting gas in their tank, paying their taxes or medical bills. They don’t give a damn about main street America…..let ‘em “pull themselves up by their bootstraps.” That’s the American way, right? I see this as class warfare. The money men get bailed out….and main street Americans can fend for themselves. Bush, Cheney, Paulsen, all the damn politicians, wall street insiders, oil companies, pharmaceutical companies, Halliburton and bank execs have made MILLIONS/BILLIONS off our backs……defense contracts, oil contracts, HUGE tax cuts for the wealthy and oil companies, sub prime loans…..while MINIMUM WAGE remained stagnant for years, gas prices soared, grocery prices soared, Health Insurance prices soared, property taxes soared, people lost jobs and homes and main street Americans borrow from Peter to pay Paul. The whole freakin’ thing SUCKS….BIG TIME! Screw them. I hope they ALL lose their “personal fortunes.” They deserve it. Maybe they will find out what it feels like to live like a regular Joe.
Amen.
I see where they are waiting for the dems to come out and speak…More lies like yesterday? probably…We need some republicans to get out there before they do and let us know what is going on…I don’t trust the democrats after what they have been doing this week.
Just read in the Chicago Trib that Paulsen use to be a head honcho at GOLDMAN SACHS AND HIS PERSONAL FORTUNE IS AT RISK!$%^&*&^%$# No fucking wonder he’s trying to shove this down our throats and is making it sound as dire as he can……These people are ALL SLIME, IMCPO. The republicans are SLIME for their deregulations, though Democrats are NOT entirely innocent in that either. The Democrats are SLIME for their Fannie/Freddie connections and exchange of a TON of $$$$$$$$$$$ into their coffers and the Treasurer and the WH are SLIME because they let this happen and are trying to blame everyone but themselves. Fucking SLIME. Our Government/politicians are so damn corrupt it’s not even funny. Do WE THE PEOPLE have ANY control over these slime balls? I think NOT AND they KNOW IT. THAT’S WHY THEY’VE GOTTEN AWAY WITH ALL THIS CRAP.
Paulsen’s personal fortune is at risk?
too bad, let ‘im eat cake!
NO SHIT. I won’t be shedding any tears for him or ANY of those Wall Street thieves OR the politicians who let this happen.
Just read in the Chicago Trib that Paulsen use to be a head honcho at GOLDMAN SACHS AND HIS PERSONAL FORTUNE IS AT RISK!$%^&*&^%$# No fucking wonder he’s trying to shove this down our throats and is making it sound as dire as he can……These people are ALL SLIME, IMCPO. The republicans are SLIME for their deregulation, though Democrats are NOT entirely innocent in that either. The Democrats are SLIME for their Fannie/Freddie connections and exchange of a TON of $$$$$$$$$$$ into their coffers and the Treasurer and the WH are SLIME because they let this happen and are trying to blame everyone but themselves. Fucking SLIME. Our Government/politicians are so damn corrupt it’s not even funny. Do WE THE PEOPLE have ANY control over these slime balls? I think NOT AND they KNOW IT. THAT’S WHY THEY’VE GOTTEN AWAY WITH ALL THIS CRAP.
The Democrats, particularly Barney Frank, are the ones that wanted to give mortgages to illegals, low income and other unqualified people. So lets not go there.
I know. They are ALL TO BLAME. They ALL suck.
Woody, don’t forget Bush’s ownership society. Plenty of blame to go aroung.
Make that around.
You DO realize, Joy, that Barak Obama’s first job in Chicago, right out of law school, was to SUE banks that refused to give loans to minorities who didn’t qualify, right?
Obama sued Citibank, as a “civil rights lawyer,” on behalf of ACORN.
That’s what “community organizers” DO.
And now, dear, YOU get to pick up the slack for all those kinds of loans going bad.
Mary, around my part of Texas the loans that are in trouble are not minority loans but from people who wanted to trade up but could barely make the payments in good times. When they had a set back it was all over for them. Now you dear are picking up the loans for people who wanted to live above their means.
Best explanation I have read on what happened with this mortgage security crisis:
By one RDF:
Joe goes to the track and bets $2 on a horse.
Two guys standing nearby get into a discussion and Fred says to Sam, “I’ll bet you $5 that Joe wins his bet.”
Next to them are Bill and Bob. Bill says: “I’ll bet you $10 that Fred welshes on his bet if he loses.”
Next to them is Sally. Sally says: “For $3 I’ll guarantee to Bill that if Bob fails to pay off, I’ll make good on the bet.”
Sally then goes to Mary and borrows the $7 needed in case she has to ever pay off and promises to pay back $8. She doesn’t expect to every have to pay since she believes Bob will always make good. So she expects to net $2 no matter what happens to Joe.
A quick calculation indicates that there is now 2+5+10+3+7 = $27 riding on the outcome of the horse race.
Question how much has been “invested” in the horse race?
Wait for it:
Answer:
$50,000 by the owner of the horse who is expecting to recoup his investment from the winnings of the horse and other future deals. Everyone else is gambling, not investing.
So, when Hank Paulson and his golfing buddies go to the track and lose the rent money playing the ponies, we should pay up?
http://www.correntewire.com/the_crisis_explained
This is from National Review, the Corner
An Ambush? [Yuval Levin]
Some interesting details of the White House meeting from Politico, though I have to note they conflict in part with a first hand account I received myself, which suggested McCain was a more active player in the meeting than this story implies. I trust my source but don’t know more than I was told. Here’s Politico’s David Rogers:
Thanks for the confirmation. Obama trotted out later blaming ‘the insertion of politics’ by McCain and it was being refuted. Someone last night was saying that McCain barely talked and that it was Obama that made everyone angry.
McCain stated the ‘deal’ was not going to be signed as is. He must have been getting calls. The Dems challenged him to get involved. He goes back. The Dems blame the stall on McCain and now media demands McCain fix it. So McCain has the power to stop the deal and the power to fix it? Obama is politically tone deaf and after speaking out of naivete, everyone leaves the room angry. I don’t understand why Obama is the one up in the polls.
I also don’t understand the Dem anger while Obama is up. If there were a vote today, based on state by state, Obama would most likely win. But there is extreme anger on the blogs, the irate media, the over the top sniveling articles.
If anyone gets a chance.. watch CNBC or Fox market. Even thought the taxpayers pumped money in to fannie/freddie and Lehman… the credit market has NOT moved. Stocks up yesterday? The credit market has NOT moved. Now the finance talking heads have doubts the credit market would move no matter how much the taxpayer pumps in to the top. I thought we were being required to bail out the credit market so our neighbors could continue to borrow irresponsibly and continue our debtor society of paper wealth?
The Most Devastating, Must-See Video of The Campaign
http://patriotroom.com/?p=2479
The video plays at a pretty fast speed and it covers a lot of ground. But WATCH IT THROUGH TO THE END. It changes and pivots, so if you are tempted to click off part way through, tough it out. Take your ADHD meds and watch it all. It is 10 minutes of your life. You will learn something.
the republicans will get a good clean and different bill passed.
The dems cannot go through with bush and the bailout alone or it totally reshapes the election and kills them.
If hous repubs and senate repubs are against it dems will have to concede ground and rework a package that benefits america.
If they push for paulsons plan(the dems)
2night McCain will clobber obama in this debate over and over about how the dems are ripping off generations of poeple with this bill and porking money to seedy partisan orginizations.
McCain played an amazing game of chess here and has the dems in check.
Dems know they cannot support this bill without the republicans support and the R’s have turned their back on bush and basically said he is full of it along with Paulson and i agree.
There is no way the dems can do anything now without giving into the republicans.
Which will be good for america. I am so proud of John McCain and the rest of them.
Dems all complain because we rushed into Iraq without enough intelligence. Democrats are prepared to do the same with this bailout, rush in without any knowledge and just rubberstamp a bill from bush as long as they get prize money for their flunkies.
It is about time one of these parties stood up and said no. The madness must stop. We are flushing our country and kids futures down the toilet.
I know how all of you feel about republicans. But this time they are on the right side of things and it is great to see them oppose bush and Paulson while the dems defend Bush and Paulsons plan.
The tables have completely turned. Most folks in our nation are against this bailout. For good reason.
No one is hellping with my house or credit payments, why should wall st and a select few get help?
If i start a business and it fails. IT fails. That is life. If the market is in trouble, which it is let us restructure things and tighten regs and drop off strangulating taxes.
Suspending the cap-gains tax would instantly creat capitol and our markets would be in the plus hundreds for a long time. Business would immediatly pick up.
Loan these companys money from the government at 2% with a flexible payment strucure and make them clean up their own mess.
The doom and gloom sky is falling is nonsense. there is trouble but that does not mean we throw more gasoline on the fire.
That paulson plan would drive our dollar into the dirt and make it much more worthless than it already is.
If you have dems as senators or congressmen you should call them and tell them to start looking out for america’s interests and not ACORN. It is absurd and i am so proud of the republicans for taking a stand on what is right.
McCain needs to lead Republicans in striking a new deal that incorporates HRC’s best ideas along with Gingrich initiatives that would make this a “work-out” not a “hand-out”. If he could get such bargain to go, he would have the election. Nothing would highlight or cement the lack of leadership or the Democrats wrong choice more. He is really getting beat up in msm as the spoiler. Republicans have to be careful because the last time they shut things down, they lost big time. People do not want to bail out Wall St. but the reality of the alternative is not clear yet. It may or may not be devastating. Great theater. If McCain is one thing, he is NOT politics as usual. Obama has to be careful too because he and the Dems want to paint McCain as the spoiler and let’s get on with our debate. MSM is buying it; Fox is reporting it; where is the Mainstreet taxpayer? We are going to know Monday am.
Personally I that obama is having a raging cae of my pet goat, and the biggest difference between Bush’s situation is that Bush had cheney, biden is no dick chaney, and axelrod is no karl rove. Obama is stuck on stupid right now with no where to go, and if I were Hillary Clinton I would not show him my notes, the way that man treated her and bill is unforgivable. I hope she lets obama rot
This ACORN handout needs to get big media attention. Well, we will wait for that forever.
U.S. federal agents say they have enough evidence to indict Illinois Gov. Rod Blagojevich for fraud and conspiracy http://countusout.wordpress.com
Is Rezko cooperating is Obama next?
RUH ROH! This could be bad for BO…especially if the Feds are getting their info from Rezko. We should be so lucky.
Yes Rezko was turned when he was found guilty.
That is one of the reasons for the long delay between verdict and sentencing.
A Cong. in PA (D) says his mail is running 50-50 between no and HELL NO.
http://powerandcontrol.blogspot.com/2008/09/between-no-and-hell-no.html
Kanjorski is my rep and I was one of the HELL NO category. I’m in a union and today at work everybody was saying the same thing, from big shots to janitors the people are sick of it to the max.
He is also high on the donor list from Freddie and Fannie. He came out for Hillary and Bill and introduced them at the local rallies with praise during the primaries. He supported her fully.
His opponent is unworthy. He isn’t perfect but he has my vote. He might be the only dem I vote for this November.
In the meantime Obama has said that he will be leaving at 11 o clock to head for debate central, and is willing to have a town hall meeting if Mc Cain does not show up lol
Mississippi officials have formed ‘truth squads’ to criminally charge people who ‘libel’ Obama by saying he is not Christian and that he wants to raise taxes on those making less $250,000
http://www.kmov.com/video/index.html?nvid=285793&shu=1
I keep saying the first freedom we may loose is freedom of speech.
I think that they had better apply that “law” about smears and lies equally and this “truth squad” is in Missouri, not Mississippi.
correction: Missouri officials are criminally charging people over anti Obama statements not Mississippi
http://www.kmov.com/video/index.html?nvid=285793&shu=1
But don’t people who view the Constitution understand that? You would think Congress knows that that HOUSE not Bush, not Paulson, not Harry Reid and neither of the Candidates can get a bill in the Senate or in the President’s chambers to sign unless the HOUSE (Republicans, Democrats and Independents) agree first on it.
See this is Pelosi and Bush’s problem. They don’t realize that you must get the House to pass the bill before the Senate can do it. When McCain came back, the House of Republicans had the guts to say that there is no deal.
I just think all of them are idiots in my opinion. Wasting tax payers time and money instead of just getting to work at how the Founding Fathers wanted our U.S. system of checks and balances to work.
yes, idiots and morons. even at a crucial time the dipshits can’t even do what’s right for American people wo loading it up w pork.
Nope you are wrong its not that the democrats are idiots what they feel is that some voters are idiots and not aware of what is going on, so they can come on and say yes we had a deal and Mc Cain flew in and messed it all up.
Democrats control the House.
What is the problem?
Can’t they even get their own party to sign on?
I don’t think they control 2/3 of the house.
Andrew Jackson was told by the Ferderal court that the removal of Cherokee Indians from their territories, the supreme court told him it was unconstitutional. Jackson, snidely said then let The courts enforce it, and did what he damn well pleased and sent the Cherokee’s packing. bush can light a fire under their behind. By creating attention, bush has pretty much forced their hands. So even though they create bills and pass laws, bush can make sure that the public becomes aware, of what their sneeky behinds are trying to do and since everyone in the house is up for reelection in novemeber they would be dumb not to do something! and then not to do it the right way, this is something that affects everyones future, and they are not going to be too pleased if they find out, what the dems are trying to sneak on them. that earmark for ACORN is rediculous. Trust me they know what they are doing.
You are right.
wats with the latest Rasmussen tracking poll?
Link?
also, for the guys who keep harping on deregulation.
How can you lay that at republican feet when the bill passed with 4 votes against it. Democrats voted overwhelmingly for that bill and a democratic president Signed it. One of the authors Leach is on obama’s campaign. It is so ignorant and partisan to blame dereg on the pubs.
Fact is that regulation was not the problem, enforcing regulation was the problem and DEMS were in charge of enforcing it. Republicans also tryed for over 4 years to get a regulation bill passed and dems blocked it.
So, explain how it is republicans fault for the deregulation? It is not accurate historically.
Not to mention that it was the sub-prime loans that made this mess and DEMS were all for it and pushed it hard and got it.
Democrats are the banking industry’s best buddies.
Dodd and Frank are the guys who run oversight on the banks and regulation. They failed and failed miserably. Dems have their prints all over this.
Take off the partisan dummy glasses and you would see that. I am a dem(until the 5th) and it is 100% false to claim the republicans created this and made it.
REPUBLICANS had TOTAL control over Congress for 12 YEARS…..with BUSH in the WH for 6 of those 12 years. One bill didn’t make this mess. ALL THE POLITICIANS ARE TO BLAME. EVERY LAST ONE OF THEM.
I’m hearing on the local CBS news channel that the republicans are listening to the general John Doe public, sayin, “if you are going to bail out Wall Street then bail/buy me out too.”
At least we know that if McCain does not go to the debate there will be no debate…Obama won’t get to do a town hall it will just be later after this mess is ironed out a bit.
I am sure he will have a presser or something just to get his mug out there..
I would like and hope to see and hear John McCain tie the financial crisis to national security and then explain who has benefited most in their campaigns from the crooks who are responsible.
I’d like to see McCain ask Obama why he allowed his vice-president to slip in $54 million in earmarks into the bailout bill.