Obama Rezko Television Corporation

Rezko saga hits big time in SNL debate :: CHICAGO SUN-TIMES :: Tony Rezko

Rezko saga hits big time in SNL debate :: CHICAGO SUN-TIMES :: Tony Rezko

Obama Profits from America's Economic Woes

It’s really a sorry thing that Barack Obama would get a knee-jerk lift from the economic bad news. Such a lift comes at the expense of the facts. Democrats have long pushed sub-prime mortgages on people who could not afford them. And people always blame the president for anything that occurs, not the dominant Democratic congress with its sub-prime approval rating. That is not surprising in a campaign which has much of the media obsessing on opposition to President Bush and Republicans in general. If the left-stream media had even a minute amount of imagination, they would be able to envision a world in which Saddam Hussein was still threatening his neighbors and terrorist Islamic militants were bombing subway trains while being served with subpoenas.

Of course, Obama is not too proud to benefit from America’s bad news. He goes around promoting this tide of hopeful optimism, a feeling that any change is positive and the self-delusion that change in itself will improve the economy and resolve all problems. There’s nothing more fatuous than that notion. Cuba got change with Castro. Russia got change with the Stalinists. America got change with the 9-11 attacks.

Even at this late date, the latte Arugulati have not required anything more of Obama than that he pose thoughtfully and recite a few slogans. Perhaps Democrats know that Obama is already figurehead, an empty suit who can be controlled by the usual party apparatchiks who will make up a shadow government.

For now, Obama’s polls are rising and America’s stock is falling. Should the slavish media continue along its path of trying to engineer a media coup d’etat, the country will suffer beyond its wildest dreams.

Obama Calls for Reform While Rezko Begins to Sing

Bad news for Barak Obama is that convicted pal Rezko has been seen making visits to the prosecutor's office from the Metropolitan Jail. This happens prior to sentencing on Rezko's conviction. The Feds acknowledge they have enough for further indictments, and Obama has to be nervous about the number of times his name has come up in connection with the prosecution. Don't worry, Barak--the liberal press is still hypnotized with your dipthongs and erudite diction, even if you are reading from prepared scripts. Your comments on the day of Rezko's guilty verdict are memorable if only for its vapidity:

I’m saddened by today’s verdict. This isn’t the Tony Rezko I knew, but now he has been convicted by a jury on multiple charges that once again shine a spotlight on the need for reform. I encourage the General Assembly to take whatever steps are necessary to prevent these kinds of abuses in the future.

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Gasparino Blasts Harry Reid on Economic Comments

I'll make this short. CNBC's Charlie Gasparino let Hrry Reid have it with both barrels for his highly political comments on the station which blamed John McCain for the economic trainwreck. Now that's a way to get Republicans on your side for passage of the Bailout Bill. Why don't they just pass it anyway? The Republicans hold only 200 seats and the issue would pass easily. Fact is, Congressional Democrats have no accountability and no courage of conviction. Dodd and Reid and Frank need to put up or shut up.

Gasparino is the kind of two-fisted journalist we need, and he didn't hesitate to mention Chris Dodd and Barney Franks as the "Fanny-Freddie-Mae enablers" that they are.

Of course, there are people who don't want to hear the plain facts. It's gotten so that the public expects and prefers euphemism. Not so with Charlie G as he hammered Chief Democratic bedwetter Harry Reid.

Honda Civic GX Runs on Natural Gas

But where do you fill it up?


Great ideas aren’t the ones most often chosen by consumers, especially when they come with a hefty price tag. The Honda Civic GX runs on natural gas but the trick is to find a gas station. You can either drive to one of the 1100 natural gas refueling stations in the U.S. or you can run out. A better option might be to install a refilling unit at your home at a cost of around $5,000 or so.

The Honda Civic GX looks like the gasoline powered Civic and some people don’t like that. Some people want the distinctive look of the Toyota Prius, a car that looks to me like a chopped off egg. I’d much prefer the lines of the classic Civic road runner, especially if you’re going to do without the full-throated muffler treatment. A regular Civic costs in the range of 17,000 dollars while the GX natural gas powered vehicle costs around 25,000.

It’s not likely that the U.S. will be building more natural gas stations since most American’s can’t afford to buy the car. The way things are going, most Americans won’t be able to afford a bicycle. This leaves the brilliant and much desired Honda Civic GX to be the car of Hollywood liberals and Northeastern Ivy League elites who will gladly trade in their Volvos. I would, too, but I can’t afford the obligatory Birkenstock sandals.

McCain or Obama: Who's Better at Multi-tasking?

These are A-4 Skyhawks, the kind of fighter-bomber John McCain flew in Vietnam. I"m sure a veteran multi-tasker like Obama could "multi-task" on the controls but I"m not so sure the plane would stay in the air.


Barak Obama made another political gaffe when he used cyber terminology to chide John McCain for saying the debate in Washington by the Joint Economic Committee was more important than the Debate Theatre scheduled for national television. The term he used was “multi-tasking.” Ooooh! That causes my heart to skip a beat.

Obama said a president should be able to “multi-task.” Does flying an A-4 Skyhawk qualify? Does saying one thing in Pennsylvania and another in San Francisco involve “multi-tasking.” Gee whiz…. No doubt Obama’s buzzed because he crammed so hard for the exam and now worries about being unable to deliver the lecture. Such is the Obama rhetoric: multi-tasking.

I wonder if Warren Buffett was multi-tasking when he referred to the financial crisis as an “economic Pearl Harbor.” That should give Obama a clue, but the man doesn’t respond to clues. I would add my own analogy if Congress fails to act quickly; I would call it a Congressional Bubonic Plague.

Now Obama is waiting for others to pass the JEC plan and then he will follow suit and pretend that he was for it all the time. Multi-tasking again.

JohnMcCain.com - McCain-Palin 2008

JohnMcCain.com - McCain-Palin 2008

Kanjorski Announces Joint Economy Committee Success

Rep Paul Kanjorski appeared this a.m. on CNBC's Sqawk Show with Joe Kernan, Becky Quick, and Carlos Quintanilla to announce that Democrats and Republicans had a "done deal" in Washington. This is not yet the "offical news" but Kanjorski was smiling broadly and appeared relieved. While our local Pennsylvania newspapers made much of Kanjorski's "skepticism" about a deal, the congressmenperson (sic) appeared to be in a waiting line for an ascension to heaven.

Joint Economic Committee: Action Now, Pandering Later!

"You don't have to be a weatherman to tell which way the wind blows," said Bob Dylan.




Good for John McCain. He cancelled the Debate Theatre (my God, the sky will fall!) Who needs to hear some staged political crap from people who want to get elected while Rome burns? Obama’s whining as usual because he’s spent so much time cramming for the exam. But Obama was offered to have all the debating he wanted in a town hall atmosphere that couldn’t be scripted or staged and he consistently refused. John McCain wanted Town Hall style one-on-one with Obama since the beginning but Obama doesn’t like that kind of format. Who can blame Obama for that? He’s a loser on substance.

Okay, let’s tell the truth. Much of the American public doesn’t understand the particulars of the financial crisis. Congressmenpersons (sic) are facing elections themselves and are more concerned with looking good than fixing the economy. Congress really doesn’t know how to fix the economy, but they have bonafide geniuses in Paulsen and Bernanke. Of course, they’re Wall Street Demons, not to be trusted! Instead, let’s trust Schumer who wants to partition the economy remedies proposed by parceling it out penny at a time. Or let’s trust Dodd or Barney Franks who got us into this mess by consorting with their investment banker pals in the sub-prime mortgage giveaway.

Now, drastic steps are needed. I don’t like it. You don’t like it. But this needs to be done! Action now, pandering later!

Obama Spanks Biden

 

They're chummy in this picture, even as rumors continue to swirl that Biden will resign from the campaign. But Biden has become the predictable liability with his recognition that Hillary was the better VP choice, and that Obama runs dirty campaign ads, and engages in counterproductive cheerleading episodes as when he exhorted a wheelchair bound support to "Stand up, Chuck....Stand up!"

Obama had to step in to give the aging white guy a political "wedgie", telling him essentially to get a grip. I'm sure Obama's kicking his own butt at not choosing Hillary as running mate.

McCain Tells Obama to Cancel the Campaign BS

John McCain gets it that America faces a real crisis, the like of which has been rarely seen. He called Obama's people and told them he's flying back to Washington to keep abreast of what's going on with the Joint Economic Committee.

Obama was taken by surprise, and now Obama and his memorized script for the "debate" hangs in limbo. He agreed, though. How could he do anything else?

Chris Dodd and Senator Shelby

 

There were some high moments and low moments at the Joint Economic Committee hearings. One of the low moments was provided by Senator Chris Dodd of Connecticut, posing with studiously "knitted brow" even while he took lower than market rate interest loans from pal and Countrywide Bank CEO Angelo Mozilo. Countrywide Bank was a chief subprime lender until it went bankrupt in the current credit fraud crisis. Mozilo was a big Democratic party contributor who made millions from pushing loans to people who couldn't afford to pay them back. It pays to have Congressional connections though. When Countrywide found out it had all that dead money and soured loans sitting on its balance sheet, who did it go to? Democrats like Jim Johnson, Frank Raines, and Jame Gorelick, all of whom were grateful to take the bad paper and repackage it into "attractive" commercialized debt obligations or "CDOs".

That's Alabama's Senator Shelby on the right. He asked some serious questions, without prancing around. Congress should drill down into the facts but the Chairmanperson (:)) should tell some of those people prating about all and sundry and politics as usual to just shut up.

Tzipi Livni Israel's New Prime Minister

 

She's kind of hot, and if she's successful, will become Israel's next Prime Minister. Congratulations and Godspeed, or whatever that interjection is.

Bernanke and Paulsen Suffer Fools Gladly

The Joint Economic Committee hearings have provided some redundant revelations. There’s politics going on down there in Congress. The idea I’m trying to convey is best represented by the well-known Senator Charles Schumer of New York. With the economic markets frozen solid, and the cameras trained upon him, Schumer always has time to play “Champion of the People.” He does this most often at the expense of the “people,” as he did today when he questioned the 700 billion dollar “bailout” program.

Yeah, I know! It’s the job of congress to protect the people’s money. It’s a little too late for that. Congress has been protecting “the little people” even while the wheels have come off the wagon and the horses have jumped off a cliff. Don’t the members of Congress have television sets at home? Or newspapers? It’s not as if any of this is hot news. The “stimulus package” couldn’t wake them up, either. Fact is, the Congress is just so much dead wood, except that you can burn dead wood, giving it some usefulness. Yet Congress just turns around and burns us, giving us incomprehensible babbling, part bromide and part bumper sticker. Did Schumer or any of his even less-informed brother asses ever hear of derivatives, credit-default swaps, hedge funds?

So now the members of Congress must grill Ben Bernanke and Henry Paulson as if, yes, they really are in control of the government’s pursestrings. All I heard from Schumer was stupidity. Schumer had this idea of portioning the 700 bn asked for in “tranches.” His use of the term was malappropriate although he was trying to impress. “Tranche” is French, meaning “slice,” and is an specific investment activity with little connection to the dead-stop debt economy.

Believe me, the “little people” have nothing to gain by having Congress watching over their money, unless they want their finances monitored by proven idiots. Such were the questions posed to Paulsen and Bernanke that only that conclusion could be drawn. The best part of the proceedings was watching Bernanke and Paulsen controlling their faces while they listened to such uninformed idiocy. Paulsen appeared earnest. Bernanke appeared bemused. But both were clearly contemptuous, wondering perhaps how such mediocre intellects could have risen to such positions of power.

These Joint Economic Committee hearings are now spinning out of control, with many congress members pretending to ask sharp questions about things they don’t know to begin with. The best among the questioners at least admit that they don’t know. Others, like Schumer, regard the hearings as a political opportunity to score election points. Several members were permitted to expound at length on “the Bush administration policy.” Now that shows brilliance, doesn’t it? Gee, I thought Congress wrote the laws. And I thought Congress could have conducted hearings BEFORE the crisis unfolded. And I thought Congress could have initiated and led the activity. But not if its comprised of a bunch of economic dolts!

Washington Post Composes Paen to Obama's Anti-Gun Stance

The Washington Post continues serving as Barack Obama's jock strap caddy in trying to ameliorate Obama's anti-gun image with the public. Obama's anti-gun image happens to be a very accurate one but leave it to the Washington Post to find a hair out of place so that they can pontificate about evils of the NRA. The anti-gun people are mostly frightened of themselves, supposing they would go mad at the smell of gunpowder and start firing indiscriminately into crowds (probably at Republicans).

You never hear the liberal elite talk about taking guns out of the hands of the gangsters. Two cops were killed in Philadelphia today. Were they killed by NRA members? The violence happened in Kensington, a North Philadelphia neighborhood I've visited a few times to attend boxing matches. It's rough up there. The gangster boys have the latest weapons. Does Barak Obama go up there with his Secret Service detail and talk to them about giving up on violence and guns? I suppose that's beyond his pay grade as a "community organizer." Anti-gun legislators like Obama are only interested in the vote; they could care less that the gangstas in neighborhoods like North Philly roll with Mac 10s, Glock 19s, AKs, and AR-15s. Do gun control up there, Obama! Responsible gun owners arent' interested in doing anything with their guns except hunting, sporting, and protecting themselves. Police powers are very limited in protecting you from those who would do you harm. The police can't do anything for you until your door has been kicked down and some thug is standing on your chest holding cold steel to your head.

So the Washington Post criticizes an NRA ad that contains some old news about Obama. That's just another discussion of the number of angels which would fit on the end of a pin. Obama's anti-gun position is a long-standing one. He may adjust his language, as he does with most things, but he needs the support of the liberal elite. Being anti-gun pays big vote dividends among liberal elitists. The pathetic tragedy of it all is that the average fellow or woman cannot defend themselves against what one rapper calls "the Glocks in the Co-Ops". Obama and the Washington Post should expend their efforts in getting fully automatic pistols and rifles from the gangsters who freely roam South Side Chicago "strapped". Obama's anti-gun platform is pablum for the effete, most of whom live in gated communities.

Obama needs to stop playing everybody and get real.

Washington Post Reporters Sucks Up to Biden (again)

The latest idiocy in the Washington Post is when a reporter named Glen Kessler asked Joe Biden's office for a list of world leaders Biden has met so that he could compare that with Sarah Palin. The Washington Post actually used ink and trees for such a useless endeavor.

Now what would induce a "news reporter" to ask for a list of the number of world leaders Biden has met with? And then to compare with Palin--absurd! Left to Biden, Saddam Hussein would still be in Kuwait since he voted against the 1st Gulf War. His dumb-assed idea of partitioning Iraq could only lead to a doubly complicated Israeli-Arab style conflict. No matter how many people he's sucked up to, the guy's still an idiot.

What will the Washington Post reporter Glenn Kessler do next? Count how many world leaders the washroom attendant has met under intimate circumstances and then compare that list with Sarah Palin.

Off your knees, Kessler....the Messiah is disgusted with you.

No-Money-Down Democrats Critique Wall Street Bailout

Meanwhile, the Obama Channel (MSNBC) continues to bore with Mika Brezinski biting at Joe Scarborough every chance she gets. Brezinski’s a woman with almost nothing to say—she’s like a comic foil to chief Scarborough. The Obama channel wants to have an absurd conversation about “deregulation” apropos of the regulation-deregulation issue, but the fact is that there are mountains of regulation of the financial markets and Democrats on the Banking and Housing Committees (Chris Dodd – D) never raised a protest until they could make political hay of it. Dodd got cheap and easy loans from bankrupt Countrywide Bank and his pal Angelo Mozilo who walked off with millions before Countrywide’s subprime loan program collapsed. It was congressional Democrats like Barney Frank who decided that everyone should own a home whether they could afford one or not. Just bring a body to the closing, no money needed, and no money down. Call them the “No-Money-Down Democrats.”

Biden Critcizes Obama Campaign Ad

Obama had a lot to say about McCain's disinclination to use a computer but nothing to say when the Russians invaded Georgia. I do think Obama would be better qualified if the presidency were merely a data entry position....

Meanwhile....

An embarrassed Joe Biden thinks the Obama campaign ad criticizing John McCain is "terrible" and something he wouldn't have made. You know the one--the one where some Diggtards make fun of John McCain being unable to use computers. Biden says he never would have done such a scurrilous ad, though he appeared in the ad. He was responding to a question by Katie Currick when he made the remarks.

The reason John McCain does not travel with a slick laptop in an attaché case (as Obama ostentatiously does) is because he has scant use of his left arm, a souvenir of his North Vietnamese captors. I would add that a fighter jet is much like a computer though a bit more complicated. McCain can fly one of those, no one disputes, while Obama can boast that he once “signed up for Selective Service” with a great deal of trepidation.

McCain's a Hero in Scranton, Obama's Not

John McCain’s visit to Scranton PA yesterday had Obama supporters scrambling. People began lining up to see Senator McCain as early as 4:00 a.m. for a 9:30 a.m. appearance, according to WBRE, a local news station. McCain’s popularity in Pennsylvania is simple to explain. In spite of his humility, Senator McCain is a “great man” and Obama is not.

The credibility factor plays heavily into McCain’s support, especially in a state where so many young Pennsylvanians exhibit pride and love of country through military service. Pennsylvania voters are a perspicacious lot, tending to disavow what they perceive as the “phony” representations of Barak Obama.

It doesn’t help that Obama recently attended a swank fund-raising gathering in Nancy Pelosi’s home town of San Francisco and described Pennsylvania voters “bitter and clinging to guns and religion.”

People connected with McCain’s message of reform, and his selection of Sarah Palin as his running mate. The outdoor and fighter jet fuel credentials appeal to the state’s voters more than the Arugula and upscale food markets favored by Obama supporters.

Democrat Bob Casey appeared with a reluctant Governor Rendell, a Hillary supporter, to counteract McCain’s popularity. While Bob Casey has attached his political star to the Obama campaign, Rendell merely does his “duty” as a Democrat in accompanying the egregious and public relations minded Casey.