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Obama Got $126K from Fannie and Freddie

Politics | Mon, Sep 15, 2008 at 8:17:55 am PDT

Barack Obama is the second biggest recipient of political money from Fannie Mae and Freddie Mac in the last ten years. And he’s only been in Washington for four.

(Hat tip: karmic_inquisitor.)

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353 comments

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1 Kosh's Shadow  Mon, Sep 15, 2008 8:19:32am

And I'm sure this will be showing up on the MSM front pages once they are done attacking Palin.
/not quite sarc - they're not going to be done attacking Palin for a long time

2 Glackinspeil  Mon, Sep 15, 2008 8:19:38am

Will this come back to bite him in the Fannie?

3 SpartanWoman  Mon, Sep 15, 2008 8:19:57am

Naturally there will be no fallout for the O-Team

4 Nevergiveup  Mon, Sep 15, 2008 8:20:49am

A normal person might actually be embarrassed by this?

5 Honorary Yooper  Mon, Sep 15, 2008 8:20:52am

Hmm, seems to me that Obama is the recipient of a lot of money from very odd and "diverse" sources.

Shame this'll never hit the MSM. Hope McCain can use it in a campaign ad.

6 Kosh's Shadow  Mon, Sep 15, 2008 8:21:00am

re: #2 Glackinspeil

Will this come back to bite him in the Fannie?

It Mae.

7 Honorary Yooper  Mon, Sep 15, 2008 8:21:25am

re: #3 SpartanWoman

Naturally there will be no fallout for the O-Team

Maybe, maybe not. Depends on if Johnny Mac uses it for a campaign ad.

8 Lynn B.  Mon, Sep 15, 2008 8:23:32am

But ... but ... it's all Bush-McCain's fault!

9 itellu3times  Mon, Sep 15, 2008 8:23:32am

re: #2 Glackinspeil

Will this come back to bite him in the Fannie?

It might even bite him in the Freddie.

10 Leonidas Hoplite  Mon, Sep 15, 2008 8:23:40am

Wow I hope Team McCain unleashes the swiftboats on that one.

11 Ojoe  Mon, Sep 15, 2008 8:23:43am

0bama comes out of Chicago, a notoriously corrupt location for Democratic politics, & I wonder what other hidden baggage he has.

12 red satellite  Mon, Sep 15, 2008 8:24:25am

If he gets elected, watch how much money is contributed to the welfare state.

13 Leonidas Hoplite  Mon, Sep 15, 2008 8:25:24am

re: #12 red satellite

If he gets elected, watch how much money is contributed to confiscated for the welfare state.

Fixed.

14 buzzsawmonkey[deleted]  Mon, Sep 15, 2008 8:25:43am
15 Racer X  Mon, Sep 15, 2008 8:26:06am

I thought he turned down government funding?

16 Diamond Bullet  Mon, Sep 15, 2008 8:26:19am

Throwing away more money on another also-ran Democractic nominee. Obama for President: the political equivalent of an interest only ARM liar loan.

17 Golem Akbar  Mon, Sep 15, 2008 8:26:22am

I didn't see McCain posted anywhere. Or Palin. /What's wrong with those two?

18 Occasional Reader  Mon, Sep 15, 2008 8:26:33am

There's something more than a little strange about a Government-Sponsored Enterprise being able to make campaign donations in the first place.

19 lifeofthemind  Mon, Sep 15, 2008 8:26:36am

RICO!

20 buzzsawmonkey[deleted]  Mon, Sep 15, 2008 8:26:36am
21 Spider Mensch  Mon, Sep 15, 2008 8:26:42am

obamicus is just an embarassment. is he the best the dems could come up with? seriously? this is the best? this crooked, leftist, snake oil salesman? this man didn't even deserve to be a senator...I'm mystified by the dems and their adoration of this person..is every single democrat in this country a leftist?

22 CIA Reject  Mon, Sep 15, 2008 8:26:47am

Well, if that doesn't qualify him as an expert on the sub-prime mortgage issue then I don't know what does...

23 Golem Akbar  Mon, Sep 15, 2008 8:26:53am

re: #2 Glackinspeil

Will this come back to bite him in the Fannie?


May-be. heh

24 vagabond trader  Mon, Sep 15, 2008 8:27:09am

re: #11 Ojoe

Yes, thinking the same thing. I would use my drunk driver equation here.

Officer: How many drinks have you consumed?

Driver: 5 officer

Multiply by five = actual amount

25 Golem Akbar  Mon, Sep 15, 2008 8:27:37am

re: #14 buzzsawmonkey

Change you can bank on!


Great! Rotating title!

26 Aelius Rex  Mon, Sep 15, 2008 8:27:42am

Change.

Spare Change.

Your Spare Change.

27 Fritz_Katz  Mon, Sep 15, 2008 8:27:46am

McCain got $21,550.

Why are these "public servants" paying off our politicians? Are they doing it with our tax dollars?

28 David Simon  Mon, Sep 15, 2008 8:27:55am

Almost all of it has come from the employees of Fannie and Freddie (at least according the link). There are better things to hammer Obama on.

29 joncelli  Mon, Sep 15, 2008 8:28:01am

Obambi is like a hole in the ground: the deeper you dig, the more dirt you turn up.

30 Ojoe  Mon, Sep 15, 2008 8:28:08am

re: #21 Spider Mensch

is every single democrat in this country a leftist?

Probably by now that is true, I think centrists have quit the party.

31 Syrah  Mon, Sep 15, 2008 8:28:32am

What were they trying to buy?

32 vagabond trader  Mon, Sep 15, 2008 8:28:37am

Woo hoo, just posted my first comment with a brand spanking new PC! Yowser!

33 kynna  Mon, Sep 15, 2008 8:29:02am

Wow. No wonder he hasn't really been talking about any of this.

That and the reports that he asked the Iraqis to delay a withdrawal plan when he met with them could give the media some really tough meat to chew on ... if he were a Republican.

34 Ojoe  Mon, Sep 15, 2008 8:29:11am

re: #31 Syrah

Your vote.

35 Nevergiveup  Mon, Sep 15, 2008 8:29:25am

re: #30 Ojoe

Probably by now that is true, I think centrists have quit the party.

Or been kicked out

36 lone_wolf_in_illinois  Mon, Sep 15, 2008 8:29:39am

Uh, Oh, say it ain't so Joe!

37 itellu3times  Mon, Sep 15, 2008 8:29:44am

re: #17 Golem Akbar

I didn't see McCain posted anywhere. Or Palin.
/What's wrong with those two?

Neither is exactly an expert, but I agree, any candidate ought to be standing up now.

And saying exactly what? I dunno.

38 lifeofthemind  Mon, Sep 15, 2008 8:29:48am

It wasn't the firm you see it was the hard working staff exercising their democratic rights. Adventures in Bundling, now that sounds like Pr0n. In fact wasn't that Heinlein's term for sex?

39 WriterMom  Mon, Sep 15, 2008 8:29:57am

If those are federally (owned?) (regulated?) entities...wouldn't that mean that tax dollars are doing to Obama? Can someone explain?

40 Spider Mensch  Mon, Sep 15, 2008 8:30:56am

re: #30 Ojoe

Probably by now that is true, I think centrists have quit the party.


I'll make a prediction, if the obamicus loses in November, and loses big, (which the way he's going is a possibility) it could be the end of the dem party as it is now. there will be some remnants, but not what they want it to be.

41 WriterMom  Mon, Sep 15, 2008 8:31:37am

ACK.

doing = going

I don't want to EVER EVER THINK about doing Obama. LOLOLOL.

42 lifeofthemind  Mon, Sep 15, 2008 8:31:39am

re: #32 vagabond trader

Woo hoo, just posted my first comment with a brand spanking new PC! Yowser!

Who owns the mortgage on that PC? Is that a pc PC? You better not type anything non-PC on it.
/we'll be here all week folks, be kind to your server

43 vagabond trader  Mon, Sep 15, 2008 8:31:59am

re: #28 David Simon

That is exactly how the corrupt Chicago machine operates. Hire cronies woefully unqualified for positions, then take kickbacks from their bloated salaries.

44 Syrah  Mon, Sep 15, 2008 8:31:59am

re: #34 Ojoe

Your vote.

My vote is not for sale.

I just wonder what it is that they thought that money was going to get them?

Is it an indicator that they knew that they were going into the toilet long enough in advance to be able to correct it, but preferred the option of a bailout?

45 maddogg  Mon, Sep 15, 2008 8:32:05am

So Fannie and Freddy gave money to Obama they didn't have. Liberals mismanaging financial institutions want someone to mismanage the government. Makes perfect sense.

46 FrogMarch  Mon, Sep 15, 2008 8:32:13am

Also - Looks like Barack received a lot of money from Lehman.


shhhhh it's a secret.

Obama has raised a full $395,574 from employees and PACs of the now-bankrupt Lehman brothers, second only to Hillary Clinton.

47 Golem Akbar  Mon, Sep 15, 2008 8:32:43am

re: #40 Spider Mensch

I'll make a prediction, if the obamicus loses in November, and loses big, (which the way he's going is a possibility) it could be the end of the dem party as it is now. there will be some remnants, but not what they want it to be.


Yup.

48 itellu3times  Mon, Sep 15, 2008 8:32:48am

re: #39 WriterMom

If those are federally (owned?) (regulated?) entities...wouldn't that mean that tax dollars are doing to Obama? Can someone explain?

(up until now) they have not been US tax dollars, exactly. Compared to regular banks, Freddie and Fannie were allowed to cut corners, and because they had the "implied" backing of the US, they had a tiny price advantage over other banks. So, it was always private money, as such, under color of US government guarantees. Very strange situation from its inception, with any luck it's now all over.

49 FrogMarch  Mon, Sep 15, 2008 8:33:18am

Democrats are awash in bad money. & They want to gain control and turn the US into a socialist nanny state. Yeah - that will work.

50 Nevergiveup  Mon, Sep 15, 2008 8:33:24am

re: #46 FrogMarch

Also - Looks like Barack received a lot of money from Lehman.


shhhhh it's a secret.

Well that alone was enough to sink them. You think he will give any of that money back to the little people who just got canned?

51 hermeneutics  Mon, Sep 15, 2008 8:33:34am

Ohh, Barack is funded by Mae and Lehman ... how juicy. Hope McCain gets his fantastic ad-generating machine loaded up with this information. Now.

52 experiencedtraveller  Mon, Sep 15, 2008 8:34:05am

A lot of political mud from Fannie and Freddy. They were the two biggest cronyism 'companies' in the country.

11:35 on Wall Street. No one has gone out a window yet. Market is off its session lows...

53 Cygnus  Mon, Sep 15, 2008 8:34:18am

re: #6 Kosh's Shadow

It Mae.


Obama just wants to finish eating his Freddie Mac and Cheese.

54 lifeofthemind  Mon, Sep 15, 2008 8:34:37am

Last thread stuff, I've seen Charlie Rangel a few times walking around town. My take is that he is old, tired and was ready to quit when the Democrats won and he couldn't turn down being Chair of Ways and Means. I'd bet now that he wishes he had turned down the taste of power and left quietly 2 years ago.

55 Fritz_Katz  Mon, Sep 15, 2008 8:35:13am

re: #17 Golem Akbar

I didn't see McCain posted anywhere. Or Palin. /What's wrong with those two?

Palin's a gov., what's the point of paying off a gov? McCain got only $21500 over 10 years, 2,100 per year is chump-change.

56 Walter L. Newton  Mon, Sep 15, 2008 8:35:25am

OT

Sarah Palin speaking live at Jefferson County Fair grounds, I couple of miles from where I am sitting.

A nice qoute.

"There are politicians that use change to promote thier careers and then there are leaders who use careers to promote change."

Walter in Golden, Co.

57 Gavriel  Mon, Sep 15, 2008 8:35:37am

re: #38 lifeofthemind

It wasn't the firm you see it was the hard working staff exercising their democratic rights. Adventures in Bundling, now that sounds like Pr0n. In fact wasn't that Heinlein's term for sex?

In the book "The Moon is a Harsh Mistress".

58 hermeneutics  Mon, Sep 15, 2008 8:35:38am

re: #54 lifeofthemind

Last thread stuff, I've seen Charlie Rangel a few times walking around town. My take is that he is old, tired and was ready to quit when the Democrats won and he couldn't turn down being Chair of Ways and Means. I'd bet now that he wishes he had turned down the taste of power and left quietly 2 years ago.

LOTM -- I vaguely remember him threatening to leave if the Republicans weren't ousted from the majority.

59 brent  Mon, Sep 15, 2008 8:35:47am

I heard these numbers from Rush(?) last week - it's embarrassing that a first term senator could get so much money, and that this is getting such little coverage... It goes without saying that if this guys last name was Bush or McCain, there would be calls for investigations - on the contributions as well as the bailout.

Did anyone see Dodd standing in front of a camera saying he wished there were more questions asked before the bailout? Hello, it was your freaking bill that let them do the bail out....

60 scottishbuzzsaw  Mon, Sep 15, 2008 8:35:51am

re: #47 Golem Akbar

Yup.

Oh, goody...the wisdom of Robert Redford:

"I think Obama is not tall on experience . . . but I believe he's a really good person. He's smart. And he does represent what the country needs most now, which is change."/
61 alegrias  Mon, Sep 15, 2008 8:36:07am

re: #39 WriterMom

If those are federally (owned?) (regulated?) entities...wouldn't that mean that tax dollars are doing to Obama? Can someone explain?

* * *
Fannie & Freddie "socialized/federalized" the risk, but privatized the profits.

Best of both worlds, make a lot of money without knowing what you're doing, then stick taxpayers with your failure & dereliction of duty.

Sen. Chris Dodd (D) has pocketed $165,400 from Fannie/Freddie since 1989 according to Open Secrets.org, and Dodd was supposed to have OVERSIGHT over these bozos lining their pockets, while vetting Democrat veeps.

Fannie & Freddie also dole out hundreds of millions of dollars to "charities" in DC--once again, ill-gotten gains WE'RE stuck paying for, while the semi-federal perps get GOLDEN PARACHUTES.

None of these bozos knew what they were doing, besides enriching themselves and their Democrat enablers.

62 Typicalwhitey  Mon, Sep 15, 2008 8:36:21am

DRUDGE has linked the "Obama tried to stall GI's Iraqi withdrawal"

woot

63 hermeneutics  Mon, Sep 15, 2008 8:36:27am

re: #56 Walter L. Newton

OT

Sarah Palin speaking live at Jefferson County Fair grounds, I couple of miles from where I am sitting.

A nice qoute.

"There are politicians that use change to promote thier careers and then there are leaders who use careers to promote change."

Walter in Golden, Co.

Walter! ARe you there? If you are not there, do you know someone who can give us a first-hand report of her speech?

64 Kosh's Shadow  Mon, Sep 15, 2008 8:36:57am

re: #40 Spider Mensch

I'll make a prediction, if the obamicus loses in November, and loses big, (which the way he's going is a possibility) it could be the end of the dem party as it is now. there will be some remnants, but not what they want it to be.

I agree. The way both parties have been moving left, we might see a new set of parties. Whether the Republican party moves leftward and has McCain and Lieberman, with a new conservative party, or whether a new center party is formed, with at least Lieberman, and maybe McCain, is a good question.

One problem is the MSM, the bane of third parties. If they ignore the party, it isn't going very far. And they support the loony left Democratic party. The second scenario, of a new centrist party, might be better than the conservative party, because there are many middle-of-the-road voters, and the party can be filled with the RINOS and respectable Democrats (or former Dems, like Lieberman), which will give it enough clout, with already-elected officials, that the MSM will have to take notice.

Then, the Democratic party will join the Socialist Worker's party in the left fringe. (Isn't that a contradiction? I didn't think there were many people who actually worked under socialism.)

65 AK oilfield worker  Mon, Sep 15, 2008 8:37:00am

I think that's the tip of the iceberg, someone needs to look into donations and personnel relationships with mortgage companies that have sold Fannie and Freddie these high risk and sub prime loans that are causing the crisis.

66 Occasional Reader  Mon, Sep 15, 2008 8:37:00am

re: #53 Cygnus

Obama just wants to finish eating his Freddie Mac and Cheese.

Racist!

You know perfectly well that you're just playing off the classic racist stereotype of African-Americans as... um... eating... food.

/

67 realwest  Mon, Sep 15, 2008 8:37:35am

Sorry for the re-post here folks, but I was answering a post by J.S. on the prior thread when Charles threw this thread up:

"Good morning J.S.! Well first of all that IS from CNN so I'd be leary of those reports. Secondly that was for August and we are now halfway through September and Barry won't be getting ANY more money from Fannie or Freddie and I suspect - hell I know - a lot of the Lehman Brothers and other financial institutions have been coughing up dough like crazy for Obama (or at least the high ranking officers are coughing up the dough). Remember, the "Super-Elites" (at least financially and in their own eyes) see Obama as a GREAT candidate for POTUS, opposed only by us angry, white, gun-toting bible clinging folks in Fly-over country.
I have read links out here within the last 7 days, that the Obama camp has reportedly had trouble getting the big contributions in."

68 Vergeltung  Mon, Sep 15, 2008 8:37:41am

re: #41 WriterMom

ACK.
doing = going
I don't want to EVER EVER THINK about doing Obama. LOLOLOL.

oh, you know you want to... ;)

69 Spiny Norman  Mon, Sep 15, 2008 8:38:10am

Six-figure contributions to "The One" kind of pale in comparison to the millions former Clinton administration officials soaked Fannie and Freddie for.

But of course, the Dems and the MSM (but I repeat myself) will lay all the blame with Bush.

70 Typicalwhitey  Mon, Sep 15, 2008 8:38:18am

re: #68 Vergeltung

oh, you know you want to... ;)

That mole is so hypnotizing...........

71 CommonSense  Mon, Sep 15, 2008 8:38:34am

The three amigo's make the top 20 list - Pelosi, Reid and NObama

72 vagabond trader  Mon, Sep 15, 2008 8:38:45am

Noticed that Senator Dodd comes in at No. 1 on this roll call of shame. Chair of the senate banking committee, pure coincidence no doubt.

sarc/

73 Walter L. Newton  Mon, Sep 15, 2008 8:38:51am

re: #63 hermeneutics

Walter! ARe you there? If you are not there, do you know someone who can give us a first-hand report of her speech?


Go to KOA live feed [Link: www.850koa.com...] or listen to the replay on line, it should be up after the speech.

74 runrabbitrun  Mon, Sep 15, 2008 8:38:53am

I hope this helps voters realize how fast Obama and his socialist stringpullers would completely sink our economic ship if we let them anywhere near the wheel.

heck, I wouldn't even trust one of that gang's planks on the poopdeck.

75 lawhawk  Mon, Sep 15, 2008 8:39:10am

McCain took $21,500 from the two, and none from the Freddie or Fannie PACs.

Take a gander at the top 12:
Dodd, Christopher J S CT D $165,400 $48,500 $116,900
Obama, Barack S IL D $126,349 $6,000 $120,349
Kerry, John S MA D $111,000 $2,000 $109,000
Bennett, Robert F S UT R $107,999 $71,499 $36,500
Bachus, Spencer H AL R $103,300 $70,500 $32,800
Blunt, Roy H MO R $96,950 $78,500 $18,450
Kanjorski, Paul E H PA D $96,000 $57,500 $38,500
Bond, Christopher S 'Kit' S MO R $95,400 $64,000 $31,400
Shelby, Richard C S AL R $80,000 $23,000 $57,000
Reed, Jack S RI D $78,250 $43,500 $34,750
Reid, Harry S NV D $77,000 $60,500 $16,500
Clinton, Hillary S NY D $76,050 $8,000 $68,050

That's a who's who of Democrats, but quite a few GOPers make that list too. The problems at Freddie and Fannie are bipartisan, but the top names clearly show that the Democrats have more exposure, especially Dodd and Obama.

76 rawmuse  Mon, Sep 15, 2008 8:39:25am

I just don't get this at all. There is a long list of politicians getting money, on both sides of the aisle I might add.

77 MandyManners  Mon, Sep 15, 2008 8:39:25am

What does it all mean?

78 hermeneutics  Mon, Sep 15, 2008 8:39:39am

re: #64 Kosh's Shadow

My hunch is if the party structure was upended, today's Republicans cling together with the center ... and the Dems would split into a far left contingent and Independent.

79 Ojoe  Mon, Sep 15, 2008 8:39:42am

re: #47 Golem Akbar

I've kissed the Democratic party good by myself anyway.

80 alegrias  Mon, Sep 15, 2008 8:40:08am

re: #48 itellu3times

(up until now) they have not been US tax dollars, exactly. Compared to regular banks, Freddie and Fannie were allowed to cut corners, and because they had the "implied" backing of the US, they had a tiny price advantage over other banks. So, it was always private money, as such, under color of US government guarantees. Very strange situation from its inception, with any luck it's now all over.

* * *
If you have the "implied" backing of the US Government, that legitimizes you in the eyes of many people.

Now we're stuck bailing them out, so that is DE FACTO backing by the US taxpayer as stooge of last resort.

81 Nevergiveup  Mon, Sep 15, 2008 8:40:18am

Biden is about to speak on FOX. I will sum it up with out hearing it. It's all Bush's fault and we don't want a third Bush term. BUSH BUSH BUSH BUSH. And oh yeah, those other Republicans also, you know the one with the lipstick and the old guy. OK you all don't have to watch .

82 lifeofthemind  Mon, Sep 15, 2008 8:40:32am

re: #58 hermeneutics

LOTM -- I vaguely remember him threatening to leave if the Republicans weren't ousted from the majority.

Sad case, he is the genuine article where Obama is the fake. Even if I disagree with Rangel on 90% of policy I respect him. A true war hero in Korea, really put himself through law school, Self made man, paid his dues and worked his way up. Elected as the Reform candidate after the scandal of Adam Clayton Powell, who was like Obama without the asceticism.

83 CommonSense  Mon, Sep 15, 2008 8:40:41am

re: #49 FrogMarch


Change, Change, change?.........what will be left in your wallet if NObama gets elected.

84 David Simon  Mon, Sep 15, 2008 8:40:45am

re: #43 vagabond trader

That is exactly how the corrupt Chicago machine operates. Hire cronies woefully unqualified for positions, then take kickbacks from their bloated salaries.

Whoa, that's a very serious charge. Do you have any evidence for what you're suggesting?

Many corporations have moonbat employees who will donate to the Obama campaign whether the donations are "bundled" or not.

85 vagabond trader  Mon, Sep 15, 2008 8:41:58am

re: #65 AK oilfield worker

Starting with the Obama's friends at ACORN, and move along to Al Sharpton. Up to their necks in it.

86 jpkoch  Mon, Sep 15, 2008 8:42:37am

re: #47 Golem Akbar

Yup.

If Obama loses (very big if) the DNC will have to decide if it wishes to remain on the same course it has been on since losing in 2000. The problem for the Dems is money. Thier biggest contributors are also the nastiest operatives, and the most vocal. With the Clinton's hold on the party in decline, Soros and a group of Hollywood bigshots, not to mention the Trial Lawyers, and NOW/Planned Parenthood will dominate. Other than running websites, opposition research, and slander machines, these groups have been a disaster for the Dems. Despite being flush with money, having an alliance with the MSM, univsersites, UN NGOs, the Democratic Party cannot seem to win elections. The 2006 election was not an election of idea, but one of disgust. The public grew weary of Bush and the GOP run Congress. The Dems won mainly by running as Republicans. However, that strategy can only win once. Pelos and Reid and Obama have no ideas. If Obama wins, the victory will be short-lived. Without ideas a party eventually dies.

87 Vergeltung  Mon, Sep 15, 2008 8:42:52am

re: #70 Typicalwhitey

That mole is so hypnotizing...........

like in Austin Powers, where they try not to look at the one character's mole.

guaca-MOLE! ;)

88 taxfreekiller[deleted]  Mon, Sep 15, 2008 8:42:53am
89 Syrah  Mon, Sep 15, 2008 8:43:15am

re: #67 realwest

It is an indicator.

People don't like to contribute money to a campaign that they think is doomed.

Intrade's numbers are looking interesting.

90 realwest  Mon, Sep 15, 2008 8:43:16am

re: #31 Syrah
Syrah - what were they trying to buy? I dunno, maybe a bailout from the Fed, a chance to get out with their "retirement" funds, bonuses and all intact?
Connect the dots between Fannie and Freddie and especially the higher ups (and wannabe higher up employees who were clearly able to discern what the Big Boys were doing and desperately wanted to be part of the "club"). Bush has, since those donations were made, had the two put into receivership. Perhaps they thought that could be avoided if they gave enough money to the right campaign.

91 Shug  Mon, Sep 15, 2008 8:43:21am

$ 126,000.00

$$$ CHA CHA CHA CHANGE $$$

92 hermeneutics  Mon, Sep 15, 2008 8:43:31am

re: #82 lifeofthemind

Sad case, he is the genuine article where Obama is the fake. Even if I disagree with Rangel on 90% of policy I respect him. A true war hero in Korea, really put himself through law school, Self made man, paid his dues and worked his way up. Elected as the Reform candidate after the scandal of Adam Clayton Powell, who was like Obama without the asceticism.

Yes. LIke you I respect hardscrabble leftists who come to their political beliefs through experiences I can only imagine.

So few, though.

McCain is the centrist version of the genuine article.

93 taxfreekiller[deleted]  Mon, Sep 15, 2008 8:43:35am
94 David Simon  Mon, Sep 15, 2008 8:43:57am

re: #54 lifeofthemind

Last thread stuff, I've seen Charlie Rangel a few times walking around town. My take is that he is old, tired and was ready to quit when the Democrats won and he couldn't turn down being Chair of Ways and Means. I'd bet now that he wishes he had turned down the taste of power and left quietly 2 years ago.

Would really be a shame if he continued to follow in the footsteps of Rostenkowski, wouldn't it? ;->

95 seekeroftruth  Mon, Sep 15, 2008 8:44:07am

Wishful thinking, but maybe now that the Gov is temporarily running Freddie and Fanny, they can clean out the rats out of the system.

96 Fat Jolly Penguin  Mon, Sep 15, 2008 8:44:24am

re: #75 lawhawk

Bennett's one of my Senators. I may send him a letter.

97 Spiny Norman  Mon, Sep 15, 2008 8:44:29am

re: #84 David Simon

re: #43 vagabond trader

That is exactly how the corrupt Chicago machine operates. Hire cronies woefully unqualified for positions, then take kickbacks from their bloated salaries.

Whoa, that's a very serious charge. Do you have any evidence for what you're suggesting?

Check out the Byron York piece I linked to in #69. It's not far-fetched. The "unqualified cronies" and "bloated salaries" is definitely in evidence.

98 BaseballMom57  Mon, Sep 15, 2008 8:44:41am

OT: (nowhere else to put this, but I'm finding it hard to keep it in),

Up to this point, I've been a Food Channel junkie, and I really like Paula Deen. But the other day I saw MICHELLE OBAMA on her show as a "special guest" and I about fell over. Paula was gushing all over the place, so it was quite apparent where here loyalties were (are). That's it. I'm writing to her and letting her know I'm canelling my subscription to her magazine, sending all her cookbooks to the Salvation Army, and will never, ever watch her show again.

Not that Paula D cares, but that REALLY pissed me off.

99 MandyManners  Mon, Sep 15, 2008 8:44:44am

Fox is showing Biden on a screen next to the market ticker showing it falling and falling.

100 Shug  Mon, Sep 15, 2008 8:45:18am

that's not the $126,000.00 I knew

101 runrabbitrun  Mon, Sep 15, 2008 8:45:38am

re: #69 Spiny Norman

Six-figure contributions to "The One" kind of pale in comparison to the millions former Clinton administration officials soaked Fannie and Freddie for.

But of course, the Dems and the MSM (but I repeat myself) will lay all the blame with Bush.

That's what campaign ads are for.... (of course, to try to bury those ads with their own, in the next ten days the Obamatrons will 'find' half a million supporters to donate 20 dollars ten times a day.)

102 alegrias  Mon, Sep 15, 2008 8:45:40am

re: #72 vagabond trader

Noticed that Senator Dodd comes in at No. 1 on this roll call of shame. Chair of the senate banking committee, pure coincidence no doubt.

sarc/

* * *
And Dodd got special mortgage deals from Countryside Mortgage, another belly-up institution peddling subprime loans with Fannie/Freddie's imprimatur, thanks to being a special friend of Angelo Mozillo.

These bozos should have stuck to 30 year fixed-interest mortgages or something they could understand.

103 KimZigfeld  Mon, Sep 15, 2008 8:46:50am

McCain is on the list with just one-fifth of Obama's total and that is spread out over ten years to Obama's four. By the time Obama has been there ten year's he'll have more than a quarter million if not more. Biden, however, got only $3,000 -- but Palin of course, the only true outsider, got zilch.

104 Nancy  Mon, Sep 15, 2008 8:46:50am

Wall street knows where their bread and butter comes from. Despite all the myths that it is the GOP who are the cronies with Wall Street, the big investment firms have donated far more to Democrats. I believe Goldman Sachs was Hillary's number one contributer.

105 Semper Gumbi  Mon, Sep 15, 2008 8:47:00am

re: #17 Golem Akbar

I didn't see McCain posted anywhere. Or Palin. /What's wrong with those two?


If you are reffering to a statement about Lehman Brothers, McCain released a statment this morning that he is glad that Taxpayer money wasn't used to bail out Lehman Brothers and went on to outline changes in regulating the financial community he would seek if elected. A much more substantive statement than Obama's doom and gloom, blame Bush statement.

(heard it on the radio this morning)

106 vagabond trader  Mon, Sep 15, 2008 8:47:09am

re: #84 David Simon

Speaking of the Chicago machine, check out David Freddoso's book, The Case Against Barack Obama. A concise eye opener.

107 AK oilfield worker  Mon, Sep 15, 2008 8:47:20am

re: #69 Spiny Norman

Six-figure contributions to "The One" kind of pale in comparison to the millions former Clinton administration officials soaked Fannie and Freddie for.

But of course, the Dems and the MSM (but I repeat myself) will lay all the blame with Bush.

Nice article, I am shocked that Clinton cronies were involved
//

108 CommonSense  Mon, Sep 15, 2008 8:47:39am

re: #100 Shug

that's not the $126,000.00 I knew

LMAO

109 J.S.  Mon, Sep 15, 2008 8:47:53am

re: #67 realwest

Good Morning, Realwest -- yeah, I sure hope Obama's resources are drying up -- I got the impression that CNN was (once again) attempting to shore-up a flagging Obama campaign...(with regard to all these campaign donations and quasi-legalities to fund Obama (or at least questionable ones) from overseas, Freddie and Fannie, etc., I wonder if any investigation will take place?

110 Occasional Reader  Mon, Sep 15, 2008 8:47:58am

re: #99 MandyManners

Fox is showing Biden on a screen next to the market ticker showing it falling and falling.

So far (Dow down 268) this is a bad day on Wall Street, but hardly Armageddon.

111 scottishbuzzsaw  Mon, Sep 15, 2008 8:48:06am

re: #98 BaseballMom57

OT: (nowhere else to put this, but I'm finding it hard to keep it in),

Up to this point, I've been a Food Channel junkie, and I really like Paula Deen. But the other day I saw MICHELLE OBAMA on her show as a "special guest" and I about fell over. Paula was gushing all over the place, so it was quite apparent where here loyalties were (are). That's it. I'm writing to her and letting her know I'm canelling my subscription to her magazine, sending all her cookbooks to the Salvation Army, and will never, ever watch her show again.

Not that Paula D cares, but that REALLY pissed me off.

One of the yarn companies I used to do business with sent a free pattern for knitted socks, with 'Obama '08' as the design. Knitwits.

112 Golem Akbar  Mon, Sep 15, 2008 8:48:20am

re: #79 Ojoe

I've kissed the Democratic party good by myself anyway.

Me too. But I wouldn't exactly call it a "kiss."

113 Spiny Norman  Mon, Sep 15, 2008 8:48:37am

re: #102 alegrias

* * *
And Dodd got special mortgage deals from Countryside Mortgage, another belly-up institution peddling subprime loans with Fannie/Freddie's imprimatur, thanks to being a special friend of Angelo Mozillo.

I find it quite outrageous that Sen. Dodd decided he didn't need to be investigated and the Media, supposedly the self-styled "government watchdog", was fine with that.

114 realwest  Mon, Sep 15, 2008 8:49:01am

re: #82 lifeofthemind
I agree with everything you said about Rangel, but must tell you that he KNEW he was dodging paying taxes - he KNEW he was making money and not reporting it; he tried to blame his wife for it, but it's just bullshit.
After all he's accomplished in his life, to find out he is
an illegal tax evader (or at least so sayeth the IRS and NYS Tax folks) proves to me that he is motivated, and has been for quite some time, by greed. And even that I could forgive him, if he wasn't so sanctimonious about helping the poor people and those nasty rich Republicans.
Sorry, being a crook (and he is) takes away from an awful lot of his genuine accomplishments.

115 Golem Akbar  Mon, Sep 15, 2008 8:50:00am

re: #105 Semper Gumbi

If you are reffering to a statement about Lehman Brothers, McCain released a statment this morning that he is glad that Taxpayer money wasn't used to bail out Lehman Brothers and went on to outline changes in regulating the financial community he would seek if elected. A much more substantive statement than Obama's doom and gloom, blame Bush statement.

(heard it on the radio this morning)


It sounds like a flush noise and Obama is starting to circle something porceline.

116 hermeneutics  Mon, Sep 15, 2008 8:50:12am

Rasmussen state polls coming out later today. Can't wait.

117 lawhawk  Mon, Sep 15, 2008 8:50:16am

re: #82 lifeofthemind

I respect Rangel's military service, but he's now nothing more than a cranky leftist whose views on the military would rather gut it than fund it; he'd rather see tax hikes than pay his own taxes; and he now embodies the very culture of corruption that he sought to eliminate when he ousted Powell all those years ago.

118 alegrias  Mon, Sep 15, 2008 8:50:47am

re: #82 lifeofthemind

Sad case, he is the genuine article where Obama is the fake. Even if I disagree with Rangel on 90% of policy I respect him. A true war hero in Korea, really put himself through law school, Self made man, paid his dues and worked his way up. Elected as the Reform candidate after the scandal of Adam Clayton Powell, who was like Obama without the asceticism.

* * * *
Genuine article Randy "Duke" Cunningham (R-California) is another sad case of former hero going corrupt like Charlie Rangel.

Eternal vigilance is the price we pay to keep these folks honest!

119 Eowyn2  Mon, Sep 15, 2008 8:50:59am

re: #20 buzzsawmonkey

"We are the ones we've been contributing to."

i nominate this for a rotating title

120 seekeroftruth  Mon, Sep 15, 2008 8:51:13am

re: #98 BaseballMom57

We were saying the same thing in this house last night. Her only saving grace will be if I see Cindy McCain very soon afterward. I am also really mad that the FNC went political. There are not many places left to get away from Democrat propaganda. FNC and Home and Garden Channel used to be safe zones.

121 BaseballMom57  Mon, Sep 15, 2008 8:51:19am

re: #98 BaseballMom57

OT: (nowhere else to put this, but I'm finding it hard to keep it in),

Up to this point, I've been a Food Channel junkie, and I really like Paula Deen. But the other day I saw MICHELLE OBAMA on her show as a "special guest" and I about fell over. Paula was gushing all over the place, so it was quite apparent where here loyalties were (are). That's it. I'm writing to her and letting her know I'm canelling my subscription to her magazine, sending all her cookbooks to the Salvation Army, and will never, ever watch her show again.

Not that Paula D cares, but that REALLY pissed me off.

Sorry - the show is going to air 9/20, but I saw an "exclusive" clip about it on her website (which I used to visit once in a while. No more.)

122 Nancy  Mon, Sep 15, 2008 8:51:28am

re: #28 David Simon

YEs and no. Since federal contributions are limited to only so much, what they do is use employees NAMES. Sometimes with their permission and sometimes NOT.

While there might be some employees that have actually contributed their own money, more often than not they are reimbursed and/or it isn't their money in the first place. Just their name for the record. That's how they often bundle small contributions.

123 David Simon  Mon, Sep 15, 2008 8:52:00am

re: #97 Spiny Norman

Check out the Byron York piece I linked to in #69. It's not far-fetched. The "unqualified cronies" and "bloated salaries" is definitely in evidence.

Good piece, but it asserts that Fannie execs cooked the books to enrich themselves (regrettably, that's not an uncommon problem in corporate America), not Obama (as VT suggested).

124 hermeneutics  Mon, Sep 15, 2008 8:53:11am

I've got a question for Lizards regarding Obama's fundraising numbers v. McCain's.

Obama brought in 66 million last month (?) and McCain took far less. But the DNC has an exponent less than the RNC, supposedly.

1. Somehow, the RNC's money is unable to help McCain very much. Why?
2. Is Obama's fundraising the consequence of Palin, and if so, will it drop off?
3. Who, REALLY, has more money to help the presidential candidates, the R or D?

Thanks.

125 alegrias  Mon, Sep 15, 2008 8:53:34am

re: #84 David Simon

Whoa, that's a very serious charge. Do you have any evidence for what you're suggesting?

Many corporations have moonbat employees who will donate to the Obama campaign whether the donations are "bundled" or not.

* * *
That's exactly what happens in DC too--machine politics. Just this summer, DC mayor spent $50 million on make believe jobs for kids who can't read & write, then will hire them for real make believe jobs when they drop out of high school. Who are they going to be loyal to, but the people who gave them their make believe jobs with nice benefits and NO real responsibilities?

126 taxfreekiller[deleted]  Mon, Sep 15, 2008 8:53:34am
127 MandyManners  Mon, Sep 15, 2008 8:53:43am

re: #104 Nancy

[Link: nymag.com...]

128 David Simon  Mon, Sep 15, 2008 8:53:48am

re: #106 vagabond trader

Speaking of the Chicago machine, check out David Freddoso's book, The Case Against Barack Obama. A concise eye opener.

I think I saw him interviewed by Glenn Beck. I know nothing about him. Is he credible?

129 Eowyn2  Mon, Sep 15, 2008 8:53:51am

re: #82 lifeofthemind

Sad case, he is the genuine article where Obama is the fake. Even if I disagree with Rangel on 90% of policy I respect him. A true war hero in Korea, really put himself through law school, Self made man, paid his dues and worked his way up. Elected as the Reform candidate after the scandal of Adam Clayton Powell, who was like Obama without the asceticism.


unfortunately, he is still a moonbat.

130 realwest  Mon, Sep 15, 2008 8:54:03am

re: #104 Nancy
Spot on post!
I wonder if we can get a special prosecutor appointed to look into this mess. I'd especially like to see Dodd (who chairs the Senate Banking Committee and benefitted enormously from changes in banking rules and the subprime mortgage market) get what's coming to him: a year or more in the hotel Graybar.

131 buzzsawmonkey[deleted]  Mon, Sep 15, 2008 8:54:09am
132 BaseballMom57  Mon, Sep 15, 2008 8:55:17am

re: #120 seekeroftruth

Oh I doubt that will happen - the clip shows P practically licking Michele's shoes...*gag*

133 The Other Les  Mon, Sep 15, 2008 8:55:24am

The people from good homes are talking this year.

134 Occasional Reader  Mon, Sep 15, 2008 8:55:39am

re: #131 buzzsawmonkey

Never let it be said that you're an albatross around the neck of LGF.

Nicely done.

135 lifeofthemind  Mon, Sep 15, 2008 8:55:47am

A touch of good news. Did the Bear thought he was immune to our cold?

136 scottishbuzzsaw  Mon, Sep 15, 2008 8:55:52am

re: #131 buzzsawmonkey

Do you mind if I share that?

137 FrogMarch  Mon, Sep 15, 2008 8:56:00am

re: #50 Nevergiveup

Hope NOpe.

138 gop_patriot  Mon, Sep 15, 2008 8:56:03am

re: #110 Occasional Reader

So far (Dow down 268) this is a bad day on Wall Street, but hardly Armageddon.

FoxNews.com front page has "STREET OF FEAR" as one of their lead headlines.

139 lifeofthemind  Mon, Sep 15, 2008 8:56:08am

PIMF

140 realwest  Mon, Sep 15, 2008 8:56:16am

re: #117 lawhawk
What you said and then some! Great post and blog today, btw!

141 Spiny Norman  Mon, Sep 15, 2008 8:56:31am

re: #114 realwest

I agree with everything you said about Rangel, but must tell you that he KNEW he was dodging paying taxes - he KNEW he was making money and not reporting it; he tried to blame his wife for it, but it's just bullshit.
After all he's accomplished in his life, to find out he is
an illegal tax evader (or at least so sayeth the IRS and NYS Tax folks) proves to me that he is motivated, and has been for quite some time, by greed. And even that I could forgive him, if he wasn't so sanctimonious about helping the poor people and those nasty rich Republicans.
Sorry, being a crook (and he is) takes away from an awful lot of his genuine accomplishments.

I'm not sure his strong-arm tactics (who wants a Congressional investigation with the attendant, umm... publicity?) with the big mortgage lenders to coerce them into making more home loans to "the poor and underpriviledged in the inner cities" is much of an "accomplishment" considering it's a big part of what lend to the current banking crisis.

He's just a shake-down artist with a seat in Congress. Good riddance.

142 Cap'n DOC  Mon, Sep 15, 2008 8:56:46am

re: #7 Honorary Yooper

Didn't you mean Freddie Mac?

143 David Simon  Mon, Sep 15, 2008 8:56:49am

re: #114 realwest

I agree with everything you said about Rangel, but must tell you that he KNEW he was dodging paying taxes - he KNEW he was making money and not reporting it; he tried to blame his wife for it, but it's just bullshit.
After all he's accomplished in his life, to find out he is
an illegal tax evader (or at least so sayeth the IRS and NYS Tax folks) proves to me that he is motivated, and has been for quite some time, by greed. And even that I could forgive him, if he wasn't so sanctimonious about helping the poor people and those nasty rich Republicans.
Sorry, being a crook (and he is) takes away from an awful lot of his genuine accomplishments.

That's it in a nutshell.

144 buzzsawmonkey[deleted]  Mon, Sep 15, 2008 8:57:07am
145 AK oilfield worker  Mon, Sep 15, 2008 8:57:11am

re: #114 realwest

I agree with everything you said about Rangel, but must tell you that he KNEW he was dodging paying taxes - he KNEW he was making money and not reporting it; he tried to blame his wife for it, but it's just bullshit.
After all he's accomplished in his life, to find out he is
an illegal tax evader (or at least so sayeth the IRS and NYS Tax folks) proves to me that he is motivated, and has been for quite some time, by greed. And even that I could forgive him, if he wasn't so sanctimonious about helping the poor people and those nasty rich Republicans.
Sorry, being a crook (and he is) takes away from an awful lot of his genuine accomplishments.

More errors for Rangel; hires new accountant
It was those darn accoutants!

146 Ojoe  Mon, Sep 15, 2008 8:57:15am

re: #112 Golem Akbar

I'll tell you why I'm pissed at the Democratic party:

They go and nominate 0bama, someone who went to a madrassa and calls the Muslim call to prayer "beautiful", while we are at war with an Islamic enemy that wants to murder me and my wife and children.

And then I have to worry for the whole campaign that this possible traitor will get elected.

Screw the Democratic party.

147 Bill Dalasio  Mon, Sep 15, 2008 8:57:35am

I've actually commented on a related topic on my own blog. The bottom line here is that the Fannie/Freddie collapse is a topic that the McCain/Palin ticket would do well to bring up. The failure of the GSEs is not in any meaningful way a failure of the free market. Rather, it is a case study in how government intervention in the economy can create moral hazard.

Fannie and Freddie were both long recognized as Democratic sinecures - places where well-connected Democrats could be set to become rich well-connected Democrats. Long-time Fannie CEO Franklin Raines was a highly placed official in the Carter administration (associate director for economics and government in the Office of Management and Budget and assistant director of the White House Domestic Policy Staff). Long-time CEO James Johnson was executive assistant to Walter Mondale in the Carter administration as well as one-time head of Barack Obama's vice-presidential search committee. Jamie Gorelick, long-time counsel for Fannie, was...well, we all know about Ms. Gorelick.

The GSEs' business activities have long expanded beyond their basic mission to repackage home mortgages into publicly tradeable bonds. The most problematic of the strategies was an "arbitrage" trade in which they borrowed money at rates well below market, due to their implicit guarantee from the federal government, and purchased the very mortgage bonds that they packaged to the market. They, in turn collected the spread between the yield on these mortgage bonds and the below market rate that they could get due to the government implied guarantee. So long as the bonds remained sound, the spread goosed their earnings. Unfortunately, the vastly increased leverage made them very vulnerable to deterioration of the underlying bonds. They were, in effect operating a (very poorly managed) hedge fund backed by the capital of the taxpayers.

While I'm reluctant to see Republicans take an anti-business stance, what was going on here was blatantly corrupt and went against any free market principle that Republicans stand for. Sen. Obama has given little, if any, indication that he will do anything other than return the GSEs to business as usual as soon as possible. To me, that makes Fannie and Freddie the ideal target for conservative reformers.

148 Occasional Reader  Mon, Sep 15, 2008 8:57:37am

re: #135 lifeofthemind

A touch of good news. Did the Bear thought he was immune to our cold?

I think the Bear came up with his problems all by his lonesome, actually. For some reason, people are reluctant to invest in a nascent neo-Soviet state... gee, who'd of thunk it?

149 jorline  Mon, Sep 15, 2008 8:57:54am

I saw a report last week that O had received money, but not an amount.

Holy Batshit!

Has McCain received anything?

150 Occasional Reader  Mon, Sep 15, 2008 8:57:58am

re: #138 gop_patriot

FoxNews.com front page has "STREET OF FEAR" as one of their lead headlines.

It's good that we can alway count on Fox for calm, rational analysis.


/

151 Eowyn2  Mon, Sep 15, 2008 8:58:14am

re: #122 Nancy

YEs and no. Since federal contributions are limited to only so much, what they do is use employees NAMES. Sometimes with their permission and sometimes NOT.

While there might be some employees that have actually contributed their own money, more often than not they are reimbursed and/or it isn't their money in the first place. Just their name for the record. That's how they often bundle small contributions.


It would be interesting to know if this was done and how many employees knew about their name being used.

What legal recourse is there if they didnt know their name was used? Would it become a he said she said situation? Would the Silky Pony take up the employees battle standard?

152 AK oilfield worker  Mon, Sep 15, 2008 8:58:35am

re: #125 alegrias

* * *
That's exactly what happens in DC too--machine politics. Just this summer, DC mayor spent $50 million on make believe jobs for kids who can't read & write, then will hire them for real make believe jobs when they drop out of high school. Who are they going to be loyal to, but the people who gave them their make believe jobs with nice benefits and NO real responsibilities?

Hmmmmmmm,
Chicago, DC, what do those two cities have in common?

153 Winnetka_Joe  Mon, Sep 15, 2008 8:58:40am

Did Obama violate the Logan Act?

[Link: www.nypost.com...]

154 alegrias  Mon, Sep 15, 2008 8:58:58am

re: #113 Spiny Norman

I find it quite outrageous that Sen. Dodd decided he didn't need to be investigated and the Media, supposedly the self-styled "government watchdog", was fine with that.

* * *
Yes, and Senator Dodd decided Fannie & Freddie didn't need closer supervision. As if this idiot understands financial statements.

As if these people know how to run a business of any sort.

155 realwest  Mon, Sep 15, 2008 8:59:19am

re: #127 MandyManners
Excellent link Mandy - I've reported it to Charles for a possible thread linking the rich investment banker, wall street types with the Dems.
Perhaps you should report it yourself!

156 Spiny Norman  Mon, Sep 15, 2008 8:59:23am

re: #123 David Simon

Good piece, but it asserts that Fannie execs cooked the books to enrich themselves (regrettably, that's not an uncommon problem in corporate America), not Obama (as VT suggested).


I'd be willing to bet there's more behind the scenes... and I'm quite certain the contributions to Sen. Dodd was to make his committee look the other way.

157 hermeneutics  Mon, Sep 15, 2008 8:59:46am

re: #146 Ojoe

I'll tell you why I'm pissed at the Democratic party:

They go and nominate 0bama, someone who went to a madrassa and calls the Muslim call to prayer "beautiful", while we are at war with an Islamic enemy that wants to murder me and my wife and children.

And then I have to worry for the whole campaign that this possible traitor will get elected.

Screw the Democratic party.

I"m with you Ojoe. I look at all my kids ... and worry about their future. Still, I'm loyal to my country. I'll stick it out until it reaches the point that it cannot be reformed.

158 runrabbitrun  Mon, Sep 15, 2008 9:00:02am

re: #1 Kosh's Shadow

And I'm sure this will be showing up on the MSM front pages once they are done attacking Palin.
/not quite sarc - they're not going to be done attacking Palin for a long time

You know, I think that the MSM is going to be very much
done, attacking Palin.

:)

159 lifeofthemind  Mon, Sep 15, 2008 9:00:03am

No liquidation anticipated for Lehman.
People need to understand the tole of the Corporation in absorbing risk. The LEH holding company goes under but the seperate legal entities LEH brokerage and Neuberger Asset Management survive. It is why the English use Ltd. for limited liability instead of Inc.

160 Occasional Reader  Mon, Sep 15, 2008 9:00:22am

re: #148 Occasional Reader

who'd of thunk it

(Is the correct malapropism "who'd have thunk it"? Or is there no such thing as an incorrect malapropism? It's like a Zen koan.)

161 rawmuse  Mon, Sep 15, 2008 9:00:55am

re: #149 jorline

I saw a report last week that O had received money, but not an amount.

Holy Batshit!

Has McCain received anything?

From the Link, there is money flying around everywhere, on both sides of the aisle, and because of that I don't think is even a story, except as one of generalized corruption.

162 opnion  Mon, Sep 15, 2008 9:00:59am

Among all of his other failings, Obama is a Chicago Machine hack.
He has an interesting relationship with real estate & motrgage lenders.
Rezko comes to mind.

163 FrogMarch  Mon, Sep 15, 2008 9:01:03am

re: #69 Spiny Norman

Six-figure contributions to "The One" kind of pale in comparison to the millions former Clinton administration officials soaked Fannie and Freddie for.

But of course, the Dems and the MSM (but I repeat myself) will lay all the blame with Bush.

Gorelick’s situation was similar. OFHEO found that she took home $26.46 million in the period from 1998 to 2002 (she left in that year, so she wasn’t there for the entire period under investigation). Of that figure, nearly $15 million came from EPS bonuses.

the same Gorelick who helped install the intelligence wall that led to our pre-9/11 intelligence failures.

Jamie Gorelick (D) - Clinton administration - She sure has a lot of power. A lot of power to screw this nation over and over.

164 de La Valette  Mon, Sep 15, 2008 9:01:05am

re: #125 alegrias

Its a little worse then that - they needed to do it because they raised the minimum wage, which had the predictable result of cutting opportunities.

165 J.S.  Mon, Sep 15, 2008 9:01:27am

re: #128 David Simon

I have also seen Freddoso on Glenn Beck's program (twice), and both times Freddoso appeared very credible (Freddoso would also correct any "exaggerations" or clear up any misinterpretations of what he was stating.) He seems knowledge and one of the few who's actually taken some time to investigate Obama's connections. I haven't read the book yet. There's the amazon link, also can look at the Table of Contents....

166 lawhawk  Mon, Sep 15, 2008 9:01:53am

re: #140 realwest

Thanks!

167 FrogMarch  Mon, Sep 15, 2008 9:02:05am

A vote for Obama is a vote for Pelosi, Reid, Clinton, and Gorelick.

McCain needs to hammer than home.

168 seekeroftruth  Mon, Sep 15, 2008 9:02:16am

re: #132 BaseballMom57

Oh I doubt that will happen - the clip shows P practically licking Michele's shoes...*gag*

* Spew alert - LOL

169 Nevergiveup  Mon, Sep 15, 2008 9:02:32am

re: #167 FrogMarch

A vote for Obama is a vote for Pelosi, Reid, Clinton, and Gorelick.

McCain needs to hammer than home.

With a big freaken Hammer!

170 David Simon  Mon, Sep 15, 2008 9:02:37am

re: #122 Nancy

YEs and no. Since federal contributions are limited to only so much, what they do is use employees NAMES. Sometimes with their permission and sometimes NOT.

While there might be some employees that have actually contributed their own money, more often than not they are reimbursed and/or it isn't their money in the first place. Just their name for the record. That's how they often bundle small contributions.

What you've just described is a clear violation of federal law. The money must come from individuals, and it must be voluntary. If what you are saying is true, it is a very serious charge. Do you have any evidence to back it up?

171 alegrias  Mon, Sep 15, 2008 9:03:01am

re: #111 scottishbuzzsaw

One of the yarn companies I used to do business with sent a free pattern for knitted socks, with 'Obama '08' as the design. Knitwits.

* * *
How dumb not to include bi partisan sock patterns! Left foot, right foot!

172 realwest  Mon, Sep 15, 2008 9:03:08am

re: #151 Eowyn2 In this economy it would take employees with truly high degrees of integrity to mess around with their employers like that.

173 lifeofthemind  Mon, Sep 15, 2008 9:03:12am

re: #147 Bill Dalasio

One of the best posts ever on LGF, congratualtions.

174 Ward Cleaver  Mon, Sep 15, 2008 9:03:28am

re: #56 Walter L. Newton

OT

Sarah Palin speaking live at Jefferson County Fair grounds, I couple of miles from where I am sitting.

A nice qoute.

"There are politicians that use change to promote thier careers and then there are leaders who use careers to promote change."

Walter in Golden, Co.

One of the better lines from her acceptance speech.

175 Fat Jolly Penguin  Mon, Sep 15, 2008 9:03:41am

re: #169 Nevergiveup

With a big freaken Hammer!

176 gop_patriot  Mon, Sep 15, 2008 9:03:47am

re: #111 scottishbuzzsaw

One of the yarn companies I used to do business with sent a free pattern for knitted socks, with 'Obama '08' as the design. Knitwits.

It's really annoying, isn't it? I've seen things like that also. It amazes me that the owners of these companies are so comfortable in their blinders that they don't realize that everyone doesn't believe what they believe. They will lose business over this kind of thing- I buy from a company for their product, not their political beliefs!

/These are the same folks that would tell you that the Republicans are close-minded and blind to other people's beliefs. ha.

177 runrabbitrun  Mon, Sep 15, 2008 9:03:55am

re: #167 FrogMarch

A vote for Obama is a vote for Pelosi, Reid, Clinton, and Gorelick.

McCain needs to hammer than home.

And to emphasize the 'with unchecked power' part.

178 lifeofthemind  Mon, Sep 15, 2008 9:04:31am

re: #153 Winnetka_Joe

Did Obama violate the Logan Act?

[Link: www.nypost.com...]

That's the one I was thinking of, thank you.

179 Ward Cleaver  Mon, Sep 15, 2008 9:04:40am

re: #148 Occasional Reader

I think the Bear came up with his problems all by his lonesome, actually. For some reason, people are reluctant to invest in a nascent neo-Soviet state... gee, who'd of thunk it?

If their economy tanks, they might become even more paranoid and dangerous.

180 Occasional Reader  Mon, Sep 15, 2008 9:04:44am

Wow. Dow just went from 307 down to 273 down in a matter of moments... maybe that news on "no liquidation of Lehman needed" helped?

181 experiencedtraveller  Mon, Sep 15, 2008 9:04:48am

re: #160 Occasional Reader

(Is the correct malapropism "who'd have thunk it"? Or is there no such thing as an incorrect malapropism? It's like a Zen koan.)

You need the bring the 'of' into the 'who' more.

Who'da thunk it.

/.02

182 sevoguy  Mon, Sep 15, 2008 9:05:11am

"Change" The only thing left once Obama gets a hold of your Paycheck.

This saying has been placed in my signature at the bottom of all my outgoing e-mails.

Charles open a thread dedicated to political sayings, antedotes, slogans, etc..

183 DaddyG  Mon, Sep 15, 2008 9:05:45am

re: #98 BaseballMom57

OT: (nowhere else to put this, but I'm finding it hard to keep it in),

Up to this point, I've been a Food Channel junkie, and I really like Paula Deen. But the other day I saw MICHELLE OBAMA on her show as a "special guest" and I about fell over. Paula was gushing all over the place, so it was quite apparent where here loyalties were (are). That's it. I'm writing to her and letting her know I'm canelling my subscription to her magazine, sending all her cookbooks to the Salvation Army, and will never, ever watch her show again.

Not that Paula D cares, but that REALLY pissed me off.

Easy - Paula Gushes over everyone. I'm guessing she'd be just as tickled to prepare moose burgers with Sarah Palin or a nice queso dip with Cindy McCain.

184 gop_patriot  Mon, Sep 15, 2008 9:05:54am

re: #131 buzzsawmonkey

Oh that's good. Favorited!

185 FrogMarch  Mon, Sep 15, 2008 9:06:09am

re: #177 runrabbitrun

And to emphasize the 'with unchecked power' part.

Indeed. The democrats are awash in unchecked power. All while the media protect and shield that power.

186 Ward Cleaver  Mon, Sep 15, 2008 9:06:23am

re: #178 lifeofthemind

That's the one I was thinking of, thank you.

Wow, fresh meat for another McCain ad.

187 Honorary Yooper  Mon, Sep 15, 2008 9:06:45am

re: #170 David Simon

What you've just described is a clear violation of federal law. The money must come from individuals, and it must be voluntary. If what you are saying is true, it is a very serious charge. Do you have any evidence to back it up?

Welcome to the way the Chicago Machine has been doing business for decades.

There is a reason why the FBI has more agents in Chicago than any other city in the US.

188 shanimal1918  Mon, Sep 15, 2008 9:06:46am

I guess Obama is blaming McCains GOP for the current subprime (and more) finacial meltdown. I've posted info linking President Clinton to this in the links before but it never took off. I really believe Clinton is the genesis of this mess, check this out:

Making It Easier to Qualify for Mortgage Loans. The FHA has eliminated unnecessary and overly strict requirements under its loan program that made it difficult for many families to qualify for mortgage loans. It has also given lenders greater flexibility to make homeownership possible for more nontraditional borrowers, and has clarified certain underwriting requirements so they are not applied in a discriminatory manner.

President Clintons National Homeownership Strategy

189 David Simon  Mon, Sep 15, 2008 9:06:47am

re: #125 alegrias

* * *
That's exactly what happens in DC too--machine politics. Just this summer, DC mayor spent $50 million on make believe jobs for kids who can't read & write, then will hire them for real make believe jobs when they drop out of high school. Who are they going to be loyal to, but the people who gave them their make believe jobs with nice benefits and NO real responsibilities?

Yes, it's a not too infrequent occurrence in Chicago. I was referring to the charge leveled at Freddie and Fannie.

190 docremulac  Mon, Sep 15, 2008 9:07:01am

Off topic but definitely a big deal.

Pakistan military shoots at American helicopters

Some very good comments afterwords. One is hopeful that this is just a farce to give the Paki military cover from the jihadis within their country but one could also make the argument though that we're at war with Pakistan.

191 J.S.  Mon, Sep 15, 2008 9:07:08am

re: #147 Bill Dalasio

On the face of it -- that doesn't sound legal...(I think many others have gone to jail for much less...)

192 scottishbuzzsaw  Mon, Sep 15, 2008 9:07:51am

re: #176 gop_patriot

It's really annoying, isn't it? I've seen things like that also. It amazes me that the owners of these companies are so comfortable in their blinders that they don't realize that everyone doesn't believe what they believe. They will lose business over this kind of thing- I buy from a company for their product, not their political beliefs!

/These are the same folks that would tell you that the Republicans are close-minded and blind to other people's beliefs. ha.

Well said...

193 nikis-knight  Mon, Sep 15, 2008 9:08:05am

This is interesting, Jonah links from the NYPost in the Corner just now:

WHILE campaigning in public for a speedy withdrawal of US troops from Iraq, Sen. Barack Obama has tried in private to persuade Iraqi leaders to delay an agreement on a draw-down of the American military presence.

According to Iraqi Foreign Minister Hoshyar Zebari, Obama made his demand for delay a key theme of his discussions with Iraqi leaders in Baghdad in July.

"He asked why we were not prepared to delay an agreement until after the US elections and the formation of a new administration in Washington," Zebari said in an interview.

194 realwest  Mon, Sep 15, 2008 9:08:23am

Well all y'all it's been grand, but I've put off all the chores I have to do for too long now.
And I probably won't be on LGF after around 10 AM Eastern tomorrow as I'll be spending lots of time at Oncologist's office and at hospital X-ray rooms.
I do hope you all have a great day and that I get the chance to see you all down the road!

195 alegrias  Mon, Sep 15, 2008 9:09:00am

re: #117 lawhawk

I respect Rangel's military service, but he's now nothing more than a cranky leftist whose views on the military would rather gut it than fund it; he'd rather see tax hikes than pay his own taxes; and he now embodies the very culture of corruption that he sought to eliminate when he ousted Powell all those years ago.

* * * *
Charlie Rangel, former hero, now:

Cheating on your New York subsided rent-controlled apartments--gaming the system;

Cheating on your OFF-SHORE Dominican Republican properties--what they accuse others of doing--ripping off both Dominicans & US taxpayers by underreporting income.

Rangel is ripping off poor people everywhere while pretending to defend them. Plus he wanted to reinstutute the draft which democrats fought so hard to END.

196 Walter L. Newton  Mon, Sep 15, 2008 9:09:05am

OT

What does "OT" mean? I see it used a lot when someone posts something that is off topic.

/

197 David Simon  Mon, Sep 15, 2008 9:09:10am

re: #127 MandyManners

[Link: nymag.com...]


I still can't get over that image.

198 opnion  Mon, Sep 15, 2008 9:09:39am

re: #183 DaddyG

Easy - Paula Gushes over everyone. I'm guessing she'd be just as tickled to prepare moose burgers with Sarah Palin or a nice queso dip with Cindy McCain.


I agree with you. My wife watches her on Saturday morning & it is clear that she is just gracious. Beside , she throws a stick of butter in everything.

199 scottishbuzzsaw  Mon, Sep 15, 2008 9:10:11am

re: #194 realwest

Well all y'all it's been grand, but I've put off all the chores I have to do for too long now.
And I probably won't be on LGF after around 10 AM Eastern tomorrow as I'll be spending lots of time at Oncologist's office and at hospital X-ray rooms.
I do hope you all have a great day and that I get the chance to see you all down the road!

Take care, realwest...

200 rawmuse  Mon, Sep 15, 2008 9:11:11am

re: #196 Walter L. Newton

Off Topic

201 Nancy  Mon, Sep 15, 2008 9:11:31am

By Joe Stephens
Washington Post Staff Writer
Wednesday, July 2, 2008; A03

Shortly after joining the U.S. Senate and while enjoying a surge in income, Barack Obama bought a $1.65 million restored Georgian mansion in an upscale Chicago neighborhood. To finance the purchase, he secured a $1.32 million loan from Northern Trust in Illinois.

The freshman Democratic senator received a discount. He locked in an interest rate of 5.625 percent on the 30-year fixed-rate mortgage, below the average for such loans at the time in Chicago. The loan was unusually large, known in banker lingo as a "super super jumbo." Obama paid no origination fee or discount points, as some consumers do to reduce their interest rates.

Compared with the average terms offered at the time in Chicago, Obama's rate could have saved him more than $300 per month.

Within Obama's presidential campaign organization, former Fannie Mae chief executive James A. Johnson resigned abruptly as head of the vice presidential search committee after his favorable Countrywide loan became public.
[Link: www.washingtonpost.com...]

202 Walter L. Newton  Mon, Sep 15, 2008 9:11:37am

re: #199 scottishbuzzsaw

Take care, realwest...

Yes, really take care. And I'll see you after your procedures and my surgery. Soon.

203 Ward Cleaver  Mon, Sep 15, 2008 9:12:01am

re: #198 opnion

I agree with you. My wife watches her on Saturday morning & it is clear that she is just gracious. Beside , she throws a stick of butter in everything.

I like Paula, but I have a feeling she's going to keel over with a heart attack one of these day, during a taping.

204 Walter L. Newton  Mon, Sep 15, 2008 9:12:02am

re: #200 rawmuse

Off Topic

Who. HUH...

205 David Simon  Mon, Sep 15, 2008 9:12:04am

re: #145 AK oilfield worker

More errors for Rangel; hires new accountant
It was those darn accoutants!

lol. Yeah, someone who actually writes the fucking tax laws would have no idea how to review his own tax return.

206 razorbacker  Mon, Sep 15, 2008 9:12:10am

A Chicago Machine pol with his snout down in the public trough?

This is not news. Just another 'dog bites man' story.

207 seekeroftruth  Mon, Sep 15, 2008 9:12:10am

re: #185 FrogMarch

Indeed. The democrats are awash in unchecked power. All while the media protect and shield that power.

Bingo! As long as the media covers and protects the Dems, they have become lazy and completely corrupt. The best thing that could happen to their party is for the media to stop protecting them and let the chips fall where they will. That is the only way they will be able to come back as a strong political party. In an act of irony, the MSM is destroying the Democrat party by allowing this corruption to festered and internally destroy them.

208 scottishbuzzsaw  Mon, Sep 15, 2008 9:12:43am

re: #198 opnion

Beside , she throws a stick of butter in everything.

Yummmm...butter...food of the gods.

209 hermeneutics  Mon, Sep 15, 2008 9:12:44am

SUSA has McCain down 4% in Virginia. This poll had a +4 Dem as the party ID in VA, ridiculously high. A phone poll. This is a safe Republican seat.

Rasmussen will release a better VA state poll later today. Just wait for that one.

210 taxfreekiller[deleted]  Mon, Sep 15, 2008 9:13:16am
211 yma o hyd  Mon, Sep 15, 2008 9:13:44am

re: #135 lifeofthemind

A touch of good news. Did the Bear thought he was immune to our cold?

Yep - according to the good old 'Bear times', if the USA sneezed, the rest of the Capitalist World caught cold - but not the Bear and its cubs.
Seems they've not quite grasped that they're not immune any longer, what a shame ...

212 Occasional Reader  Mon, Sep 15, 2008 9:13:52am

re: #196 Walter L. Newton

OT

What does "OT" mean? I see it used a lot when someone posts something that is off topic.

/

It's short for "rabid OTter warning". You'd be surprised how many otter attacks happen while people are online.

213 alegrias  Mon, Sep 15, 2008 9:13:52am

re: #124 hermeneutics

I've got a question for Lizards regarding Obama's fundraising numbers v. McCain's.

Obama brought in 66 million last month (?) and McCain took far less. But the DNC has an exponent less than the RNC, supposedly.

1. Somehow, the RNC's money is unable to help McCain very much. Why?
2. Is Obama's fundraising the consequence of Palin, and if so, will it drop off?
3. Who, REALLY, has more money to help the presidential candidates, the R or D?

Thanks.

* * * *
One thing is for sure, no matter how much money the Dems rake in, they spend it foolishly, for example, squandering it on 300 foreign policy advisors who can't agree on what to say! As Rudy Giuliani said, Obama should just call John McCain when he has a question about how to respond to the Soviet invasion of Georgia.

Dems squander & waste because they are not "conservative" about money. Especially other people's money.

Obama's campaign "burn rate" is many times that of the McCain-Palin, tight-wad campaign.

214 FrogMarch  Mon, Sep 15, 2008 9:14:14am

A great explanation of how Freddie and Fanny work.

215 rawmuse  Mon, Sep 15, 2008 9:14:22am

re: #204 Walter L. Newton

Sorry, I am slow this morning... neurons not firing up to spec yet...

216 Yankee Division Son  Mon, Sep 15, 2008 9:14:24am

Huge:

Hello McCain campaign, time for a new advert:
OBAMA TRIED TO STALL GIS' IRAQ WITHDRAWAL

WHILE campaigning in public for a speedy withdrawal of US troops from Iraq, Sen. Barack Obama has tried in private to persuade Iraqi leaders to delay an agreement on a draw-down of the American military presence.

According to Iraqi Foreign Minister Hoshyar Zebari, Obama made his demand for delay a key theme of his discussions with Iraqi leaders in Baghdad in July.

"He asked why we were not prepared to delay an agreement until after the US elections and the formation of a new administration in Washington," Zebari said in an interview.

Change! (if the timing is just right)

217 lifeofthemind  Mon, Sep 15, 2008 9:14:42am

McCain says will overhaul financial regulations. Glad he isn't letting this fester. The response time of the McCain campaign is generally impressive.

218 Honorary Yooper  Mon, Sep 15, 2008 9:15:11am

re: #201 Nancy

By Joe Stephens
Washington Post Staff Writer
Wednesday, July 2, 2008; A03

Shortly after joining the U.S. Senate and while enjoying a surge in income, Barack Obama bought a $1.65 million restored Georgian mansion in an upscale Chicago neighborhood. To finance the purchase, he secured a $1.32 million loan from Northern Trust in Illinois.

Northern Trust is the bank of an Obama ally and supporter, Alexi Giannoulias, who just happens to be the State Treasurer for the State of Illinois. Northern Trust, IIRC, has had ties to the Chicago Outfit in that past.

219 Egfrow  Mon, Sep 15, 2008 9:16:03am

Why are very few professional blacks actually supporting Obama when his entire campaign is full of white Liberals? I've spoken with some close black friends of mine and they are definitely straight shooters and they have noticed that also.

220 The Moral Atheist  Mon, Sep 15, 2008 9:16:34am

When Barack said he wanted change, he didn't mean "change" as in "do things differently" he meant change as in "keep the change" which is his precisely his policy he just wants to take your money. (I originally put keep your money, but that is incorrect, taxation is the government taking your money.)

221 yesandno  Mon, Sep 15, 2008 9:16:48am

re: #194 realwest

Well all y'all it's been grand, but I've put off all the chores I have to do for too long now.
And I probably won't be on LGF after around 10 AM Eastern tomorrow as I'll be spending lots of time at Oncologist's office and at hospital X-ray rooms.
I do hope you all have a great day and that I get the chance to see you all down the road!

You have a great day and keep your spirits up. Bless you.
We're with you all the way.

222 David Simon  Mon, Sep 15, 2008 9:16:53am

re: #165 J.S.

I have also seen Freddoso on Glenn Beck's program (twice), and both times Freddoso appeared very credible (Freddoso would also correct any "exaggerations" or clear up any misinterpretations of what he was stating.) He seems knowledge and one of the few who's actually taken some time to investigate Obama's connections. I haven't read the book yet. There's the amazon link, also can look at the Table of Contents....

Apparently, he's a staff writer for National Review. Thanks for the link; I'll check out the book.

223 JCM  Mon, Sep 15, 2008 9:17:13am

re: #213 alegrias

I never quite understood liberal understand of money. When it comes to spending the supply is infinite. When it comes to earning, the pool is finite.

224 opnion  Mon, Sep 15, 2008 9:17:39am

re: #208 scottishbuzzsaw

Yummmm...butter...food of the gods.

Slurp!

225 lifeofthemind  Mon, Sep 15, 2008 9:18:25am

re: #196 Walter L. Newton

OT

What does "OT" mean? I see it used a lot when someone posts something that is off topic.

/

Is it PC to go OT with something that is not on the QT?

226 Son of the Black Dog  Mon, Sep 15, 2008 9:18:37am

re: #101 runrabbitrun

That's what campaign ads are for.... (of course, to try to bury those ads with their own, in the next ten days the Obamatrons will 'find' half a million supporters to donate 20 dollars ten times a day.)

I presume that it would be possible to write a PC application that would produce randomized names, addresses, and places of employment to make a continuous stream of small dollar (i.e., unreportable) campaign contributions.

227 RememberSekhmet?  Mon, Sep 15, 2008 9:18:52am

re: #86 jpkoch

If Obama loses (very big if) the DNC will have to decide if it wishes to remain on the same course it has been on since losing in 2000. The problem for the Dems is money. Thier biggest contributors are also the nastiest operatives, and the most vocal. With the Clinton's hold on the party in decline, Soros and a group of Hollywood bigshots, not to mention the Trial Lawyers, and NOW/Planned Parenthood will dominate. Other than running websites, opposition research, and slander machines, these groups have been a disaster for the Dems. Despite being flush with money, having an alliance with the MSM, univsersites, UN NGOs, the Democratic Party cannot seem to win elections. The 2006 election was not an election of idea, but one of disgust. The public grew weary of Bush and the GOP run Congress. The Dems won mainly by running as Republicans. However, that strategy can only win once. Pelos and Reid and Obama have no ideas. If Obama wins, the victory will be short-lived. Without ideas a party eventually dies.

I am in total agreement with every point. However, I would posit the following:

Many of the big leftist donors plan to retire in the next few years. In 2008, they are still at the pinnacle of their careers and at the peak of their earning power. But in the next few years, I foresee many companies quietly deciding to scale back retirement packages in fear of a glut of retirees, and those closest to retirement may decide to get out now while the getting is good. Once they retire, money sent to some cause is not there should they have a heart attack or their spouses disagree with a staircase and break a hip.

An Obama loss is the center-left's biggest chance to seize control of the Democrats, as the likes of Kos, Goodman, and the rest of the far left would be to blame. The retirement of lefty boomers in the media, along with the scandals that seem to discredit the mainstream media at every turn, give a lot of younger up-and-coming folks the chance to in turn change the direction the media takes.

2012 could be very different if McCain wins.

228 Walter L. Newton  Mon, Sep 15, 2008 9:19:01am

re: #215 rawmuse

Sorry, I am slow this morning... neurons not firing up to spec yet...

It was a little Monday morning humor. Very little I suspect!

OT (damm, another otter attack)

Ok, well, you won't have Walter to beat up for a few days. I have the hernia surgery tomorrow (Sept. 16th), and I suspect I will be a bit out of it for a few days.

I'm waiting fo the nice list of opiates they send me home with. Gotta love that white candy.

By the way, Obama will be here in town tomorrow while I am getting my crouch cut on. Hell be at the School of Mines in Golden. I wonder if Al-Jazeera will be back to cover it?
Walter in Golden, Co.

229 runrabbitrun  Mon, Sep 15, 2008 9:19:11am

re: #185 FrogMarch

Indeed. The democrats are awash in unchecked power. All while the media protect and shield that power.

Well, the sooner the filthy capitalist swineship USS Amerikkka flounders and sinks deep into the muddy waters of individual freedom greed, the sooner kindly old Big Brother Government can take charge and organize benefit the lives of us all.

/

230 de La Valette  Mon, Sep 15, 2008 9:19:38am

re: #105 Semper Gumbi

Ahh, more OODA sh_t. It looks like Obama is going to go on the "offensive" now after getting his tail handed to him by McCain and Palin for the last fortnight or so ... just as McCain starts hammering issues, policy, and specifics in advance of the debates.

I bet McCain buries the press with a series of detailed white papers and answers this week defining his position on all of the debate topics. Obama will still be screaming McSame and Palin is a pretty face, just when the press is getting tired of "negative campaigning."

231 Spiny Norman  Mon, Sep 15, 2008 9:19:39am

re: #163 FrogMarch

the same Gorelick who helped install the intelligence wall that led to our pre-9/11 intelligence failures.

Jamie Gorelick (D) - Clinton administration - She sure has a lot of power. A lot of power to screw this nation over and over.

Now she is now very, very rich on top of that.

Will she ever have to face the music? I very much doubt it, not with a Democrat majority in Congress. Same for Clinton's former budget director Franklin Raines.

232 reloadingisnotahobby  Mon, Sep 15, 2008 9:19:39am

re: #197 David Simon

I still can't get over that image.


Soros holding on....
True! That's just .......Disturbing!
Is he levitating?

233 JCM  Mon, Sep 15, 2008 9:19:53am

re: #225 lifeofthemind

Is it PC to go OT with something that is not on the QT?

Only if you do it PDQ then CYA to avoid a massive CF.

234 David Simon  Mon, Sep 15, 2008 9:19:58am

re: #187 Honorary Yooper

Welcome to the way the Chicago Machine has been doing business for decades.

There is a reason why the FBI has more agents in Chicago than any other city in the US.

Agreed. Again, I was referring to the charge that Freddie and Fannie ghost-payrolled to help Obama.

235 pegcity  Mon, Sep 15, 2008 9:20:10am

change you can't believe in

236 Occasional Reader  Mon, Sep 15, 2008 9:20:41am

re: #228 Walter L. Newton

I'm waiting fo the nice list of opiates they send me home with. Gotta love that white candy.

Re-MEM-BAHHHH
what the DOORmouse SAIDDDD
FEED your HEADDDD

Good luck with the surgery, Walter.

237 MandyManners  Mon, Sep 15, 2008 9:20:56am

re: #216 Yankee Division Son

Huge:

Hello McCain campaign, time for a new advert:
OBAMA TRIED TO STALL GIS' IRAQ WITHDRAWAL

WHILE campaigning in public for a speedy withdrawal of US troops from Iraq, Sen. Barack Obama has tried in private to persuade Iraqi leaders to delay an agreement on a draw-down of the American military presence.

According to Iraqi Foreign Minister Hoshyar Zebari, Obama made his demand for delay a key theme of his discussions with Iraqi leaders in Baghdad in July.

"He asked why we were not prepared to delay an agreement until after the US elections and the formation of a new administration in Washington," Zebari said in an interview.

Change! (if the timing is just right)

Sen. McCain MUST make an ad about this.

238 MandyManners  Mon, Sep 15, 2008 9:21:24am

re: #225 lifeofthemind

Is it PC to go OT with something that is not on the QT?

Maybe not if GMTA.

239 buzzsawmonkey[deleted]  Mon, Sep 15, 2008 9:21:41am
240 gop_patriot  Mon, Sep 15, 2008 9:21:49am

OT

Biden To Get Tough On McCain in Michigan

WILMINGTON, DE — Democratic Vice Presidential Nominee Joe Biden steps up the pressure on John McCain today in Macomb County, MI — the spiritual home of the Reagan Democrats — arguing that McCain would bring four more years of the same Bush domestic policies.

Biden’s speech, to be followed by a similar address on McCain’s foreign policy deficiencies next week, is designed as a prosecutorial, “just the facts” rundown of why the GOP nominee is “dead wrong” on kitchen table issues facing middle class Americans.

We’ve seen this movie before, folks. But as everyone knows, the sequel is always worse than the original,” Biden will say, according to prepared remarks released by the campaign. “Just as George Herbert Walker Bush was nicknamed ‘Bush 41′ and his son is known as ‘Bush 43,’ John McCain could easily become known as ‘Bush 44.’”

Oh brother. Still running against Bush. Wasn't Biden one of the guys calling McCain a maverick in the past?

241 Occasional Reader  Mon, Sep 15, 2008 9:21:49am

re: #228 Walter L. Newton

Hell be at the School of Mines in Golden

Actually, that was a misprint; in keeping with his fascination with all things European, Obama will actually be visiting the School of Mimes.

242 Spiny Norman  Mon, Sep 15, 2008 9:22:08am

re: #231 Spiny NormanNow now? Now now now!

Oops.

243 de La Valette  Mon, Sep 15, 2008 9:22:39am

re: #216 Yankee Division Son

Not an Ad, McCain shouldn't touch this he isn't in the executive branch yet and partisan politics should stop at the border.

A Bushie AG needs to convene a grand jury and leak like a sieve. Go after the staffers - not the man. The press will pick it up.

244 Dahveed  Mon, Sep 15, 2008 9:22:42am

Forget about Barack Obama for one second. Why is it that Christopher Dodd always seems to be in the middle of almost anything that goes wrong?

Now back to Barack 0bama...

245 Shug  Mon, Sep 15, 2008 9:22:47am

re: #217 lifeofthemind

McCain says will overhaul financial regulations. Glad he isn't letting this fester. The response time of the McCain campaign is generally impressive.

I'm thinking they read LGF, so they get the news as it breaks

246 rawmuse  Mon, Sep 15, 2008 9:22:54am

re: #228 Walter L. Newton

Wishing you well with your procedure. I know others that have had it done, and it is fairly standard, and like most modern medical procedures, the new techniques are great. I had this done when I was a kid (in the '60s), and it was a nightmare.

247 jorline  Mon, Sep 15, 2008 9:23:01am

re: #161 rawmuse

From the Link, there is money flying around everywhere, on both sides of the aisle, and because of that I don't think is even a story, except as one of generalized corruption.

This BS needs to change...period. I don't care what their party affiliation is.

248 Josephine  Mon, Sep 15, 2008 9:23:10am

re: #62 Typicalwhitey

DRUDGE has linked the "Obama tried to stall GI's Iraqi withdrawal"

woot

Has everyone seen the photo on Drudge below that heading?

Big Brother is Watching You!

249 mahatma coat  Mon, Sep 15, 2008 9:23:35am

oh ,no ..Lindsay Lohan has put up a Myspace posting condemning Gov. Palin.That's it ,we're sunk folks!

250 Nevergiveup  Mon, Sep 15, 2008 9:23:38am

re: #244 Dahveed

Forget about Barack Obama for one second. Why is it that Christopher Dodd always seems to be in the middle of almost anything that goes wrong?

Now back to Barack 0bama...

Only because Charlie Rangle isn't always avaliable?

251 Nancy  Mon, Sep 15, 2008 9:23:53am

re: #170 David Simon

No I don't have evidence and it may not be a practice any more. Years ago, people would get thank you letters for their contribution --which they had never made. Meaning their name was used.

When enough disclosed that, SOME campaigns stopped automatically sending out thank you's for small contributions.

Of course it is a violation. There was little that COULD be done before because the persons who names were attached to contributions had no way of knowing UNLESS they got a thank you for their contribution. With the internet and with contributions on line --and individual CAN go and look up their name so it may not be a practice used anymore.

But it certainly was done before the internet. And it can still be done to some degree now because only contributions over a certain amount have to have a name, address and occupation.

So, a single large contribution could be listed as "cash contributions from fundraiser" type thing. Meaning all less than the $250 that requires information.

I was not making a charge that they did that and I should have been clearer in saying that.

252 runrabbitrun  Mon, Sep 15, 2008 9:24:13am

re: #226 Son of the Black Dog

I presume that it would be possible to write a PC application that would produce randomized names, addresses, and places of employment to make a continuous stream of small dollar (i.e., unreportable) campaign contributions.

I think it was Redstate (?) that posted the actual Obama campaign listings of the very same, pages of names on the rolls, all of them donating 10-20 bucks every few hours.

253 alegrias  Mon, Sep 15, 2008 9:24:19am

re: #147 Bill Dalasio


* * * *
Yes, Bill Delasio, this is a great post! Thank you for concise reporting.

254 Honorary Yooper  Mon, Sep 15, 2008 9:24:28am

re: #239 buzzsawmonkey

The quality of the pizza, I always thought.

Well, that never hurt. :-)

/It sure as hell wasn't the climate.

255 rawmuse  Mon, Sep 15, 2008 9:25:09am

re: #249 mahatma coat

Oh yeah, I am really worried about people who take advice from LL. ;)

256 Son of the Black Dog  Mon, Sep 15, 2008 9:25:16am

re: #122 Nancy

YEs and no. Since federal contributions are limited to only so much, what they do is use employees NAMES. Sometimes with their permission and sometimes NOT.

While there might be some employees that have actually contributed their own money, more often than not they are reimbursed and/or it isn't their money in the first place. Just their name for the record. That's how they often bundle small contributions.

You mean like contributions from minimum wage Chinese dishwashers?

257 Honorary Yooper  Mon, Sep 15, 2008 9:25:41am

re: #249 mahatma coat

oh ,no ..Lindsay Lohan has put up a Myspace posting condemning Gov. Palin.That's it ,we're sunk folks!

Lindsey Lohan, hmmm. Say, doesn't she invest heavily in silicone?

258 yesandno  Mon, Sep 15, 2008 9:26:46am

re: #244 Dahveed

Forget about Barack Obama for one second. Why is it that Christopher Dodd always seems to be in the middle of almost anything that goes wrong?

Now back to Barack 0bama...

Sometime the waitress is in the middle......

now back to ethics.

259 opnion  Mon, Sep 15, 2008 9:27:07am

re: #240 gop_patriot

OT

Biden To Get Tough On McCain in Michigan


Oh brother. Still running against Bush. Wasn't Biden one of the guys calling McCain a maverick in the past?


I knew it! I always knew that his :"Dear Friends " in the Democrat Party would turn on him. I hope that gets it now.

260 Kosh's Shadow  Mon, Sep 15, 2008 9:27:11am

re: #223 JCM

I never quite understood liberal understand of money. When it comes to spending the supply is infinite. When it comes to earning, the pool is finite.

Because the liberal slogan for money is,
"The government can spend all we want; we'll make (print) more."
And then they wonder why inflation get so large.

Look at the way they think a tax on oil companies will lower gasoline prices.

261 DaddyG  Mon, Sep 15, 2008 9:27:16am

re: #249 mahatma coat

oh ,no ..Lindsay Lohan has put up a Myspace posting condemning Gov. Palin.That's it ,we're sunk folks!

...and guess what will take up the space above the fold in the MSM tonight...

/no - I'm dead serious just watch it happen.

262 yma o hyd  Mon, Sep 15, 2008 9:27:29am

re: #217 lifeofthemind

McCain says will overhaul financial regulations. Glad he isn't letting this fester. The response time of the McCain campaign is generally impressive.

However - they really need to take their gloves off now and hammer at the financial contributions by those banks to the B0 campaign.
The MSM won't do it - and as has been shown by the many links put here by various Lizards, this would not be smearing, it would be using hard facts.

(I do hope the McCain campaign emply a full-time LGF reader ...!)

263 The Other Les  Mon, Sep 15, 2008 9:27:50am

re: #249 mahatma coat

oh ,no ..Lindsay Lohan has put up a Myspace posting condemning Gov. Palin.That's it ,we're sunk folks!

Like I'm going to take the political advice of a talentless cocaine-addled slut who robotically parrots what the office drones at the studio and the glamdroids in the fashionable watering holes tell her.

264 Shug  Mon, Sep 15, 2008 9:27:54am

re: #249 mahatma coat

oh ,no ..Lindsay Lohan has put up a Myspace posting condemning Gov. Palin.That's it ,we're sunk folks!

a drunken slut has a political opinion. oh goodie.

let's all follow her lead

265 Racer X  Mon, Sep 15, 2008 9:28:34am

Bush's third term?

You wish.

Johnny Mac is a bad mother - hush yo' mouth!

266 mahatma coat  Mon, Sep 15, 2008 9:28:38am

re: #255 rawmuse
Well ,its coming hot on the heels of Pam Andersons condemnation.I gotta say ,right up front ,she carries some weight!

267 republic  Mon, Sep 15, 2008 9:28:38am

re: #240 gop_patriot

OT

Biden To Get Tough On McCain in Michigan


Oh brother. Still running against Bush. Wasn't Biden one of the guys calling McCain a maverick in the past?

Yes, there has been a clip going around for some time now, with Biden saying he would be honored to RUN WITH Sen. McCain.

268 lawhawk  Mon, Sep 15, 2008 9:28:45am

OT:
Our peaceful friends, the Palestinians are busy again. A terrorist assaulted and stabbed an Israeli soldier in the West Bank near the Dead Sea. That wasn't the first:

The attack follows on the heels of another stabbing incident in the settlement of Yitzhar on Saturday morning. A terrorist tried to attack a child from the settlement, but the nine-year-old boy managed to wrest his knife from him. In the aftermath of that attack, settlers from Yitzhar stormed the Palestinian village to which they believed the terrorist had escaped, wounding five Palestinians, smashing windows and spray-painting Star of David symbols on houses.

Two other attempts of knife terror have occured in the past several weeks, one perpetrated by a Palestinian woman. Border Police officers and a security guard thwarted those attacks.

269 Kosh's Shadow  Mon, Sep 15, 2008 9:28:47am

re: #226 Son of the Black Dog

I presume that it would be possible to write a PC application that would produce randomized names, addresses, and places of employment to make a continuous stream of small dollar (i.e., unreportable) campaign contributions.

They could use the one spammers use - generates completely bogus names.

270 kcladderman  Mon, Sep 15, 2008 9:28:53am

re: #249 mahatma coat

oh ,no ..Lindsay Lohan has put up a Myspace posting condemning Gov. Palin.That's it ,we're sunk folks!

Does this mean McCain has lost the Alcoholic coke addicted closet lesbian vote?

271 lifeofthemind  Mon, Sep 15, 2008 9:29:01am

re: #233 JCM

Only if you do it PDQ then CYA to avoid a massive CF.

I believe this crisis is brought to you by people who used to work for the BAA (Bureau of Acronyms and Abreviations HUMBUG (Housing and Urban Management Bureau of Unregistered Grants).

272 Who Watches the Watchmen?  Mon, Sep 15, 2008 9:29:12am
273 soccerdad  Mon, Sep 15, 2008 9:29:16am

Joe Biden has released his tax returns and his democratic values of caring for the poor and those in need of charity seems to begin with using OUR money quite freely, but stops waaaaay short of using his own money...Typical for dems.

Biden's Charitable Giving...much less than the average American

274 alegrias  Mon, Sep 15, 2008 9:30:02am

re: #164 de La Valette

Its a little worse then that - they needed to do it because they raised the minimum wage, which had the predictable result of cutting opportunities.

* * * *
But not for Latinos who have moved in to DC in large numbers and work like crazy below minimum wage.

You need to speak Salvadoran Spanish in DC! How are semi-literate DC residents supposed to compete with people who will work work work with no language or education advantages, just eagerness?

275 David Simon  Mon, Sep 15, 2008 9:30:31am

re: #201 Nancy

By Joe Stephens
Washington Post Staff Writer
Wednesday, July 2, 2008; A03

Shortly after joining the U.S. Senate and while enjoying a surge in income, Barack Obama bought a $1.65 million restored Georgian mansion in an upscale Chicago neighborhood. To finance the purchase, he secured a $1.32 million loan from Northern Trust in Illinois.

The freshman Democratic senator received a discount. He locked in an interest rate of 5.625 percent on the 30-year fixed-rate mortgage, below the average for such loans at the time in Chicago. The loan was unusually large, known in banker lingo as a "super super jumbo." Obama paid no origination fee or discount points, as some consumers do to reduce their interest rates.

Compared with the average terms offered at the time in Chicago, Obama's rate could have saved him more than $300 per month.

Within Obama's presidential campaign organization, former Fannie Mae chief executive James A. Johnson resigned abruptly as head of the vice presidential search committee after his favorable Countrywide loan became public.
[Link: www.washingtonpost.com...]

Nancy, it was Johnson who got the loan from Countrywide.

276 Walter L. Newton  Mon, Sep 15, 2008 9:30:32am

re: #246 rawmuse

Wishing you well with your procedure. I know others that have had it done, and it is fairly standard, and like most modern medical procedures, the new techniques are great. I had this done when I was a kid (in the '60s), and it was a nightmare.

I had it done in 1982, no health insurance, and they hopsital treated me like I was a piece of trash who was going to infect the whole facility.

It was not day surgery, but they released me in 24 hours since I had no money to pay them. I was back to work in 48 hours, since I had no money to spare.

Thanks, I'm not worried, I like all the attention.

277 soccerdad  Mon, Sep 15, 2008 9:30:35am

Here is a chart of the Bidens’ giving for the years covered by the tax returns:
Adjusted
Gross Income Charity

1998 $215,432 $195

1999 $210,797 $120

2000 $219,953 $360

2001 $220,712 $360

2002 $227,811 $260

2003 $231,375 $260

2004 $234,271 $380

2005 $321,379 $380

2006 $248,459 $380

2007 $319,853 $995

Total $2,450,042 $3,690

278 Josephine  Mon, Sep 15, 2008 9:31:46am

re: #111 scottishbuzzsaw

One of the yarn companies I used to do business with sent a free pattern for knitted socks, with 'Obama '08' as the design. Knitwits.

LOL. Knitwits for Obama.

279 taxfreekiller[deleted]  Mon, Sep 15, 2008 9:32:02am
280 republic  Mon, Sep 15, 2008 9:32:35am

re: #245 Shug

I'm thinking they read LGF, so they get the news as it breaks

The very sad, true fact, is that government regulations are what have landed the lending institutions into this total meltdown.

Government regulations started it all.

Want to know here the Medical system started failing?

Government regulations and meddling in private business, of which government has no business in.

Most terrifying words,

"I'm from the government and I'm here to help."

---Gipper

281 Eowyn2  Mon, Sep 15, 2008 9:33:27am

re: #161 rawmuse

From the Link, there is money flying around everywhere, on both sides of the aisle, and because of that I don't think is even a story, except as one of generalized corruption.


a demand to pay all monies back to fannie mae and freddie mac is in order. maybe we cant get the 'employee' money back into mac and mae but it would still prove a valuable lesson.

282 Cap'n DOC  Mon, Sep 15, 2008 9:33:39am

re: #241 Occasional Reader

Marceau than usual, you might say.

283 David Simon  Mon, Sep 15, 2008 9:34:13am

re: #251 Nancy

I was not making a charge that they did that and I should have been clearer in saying that.

Okay, sorry for the misunderstanding.

284 lifeofthemind  Mon, Sep 15, 2008 9:34:48am

re: #240 gop_patriot

OT

Biden To Get Tough On McCain in Michigan


Oh brother. Still running against Bush. Wasn't Biden one of the guys calling McCain a maverick in the past?

Biden hires some Tough Guys to help him.

285 lifeofthemind  Mon, Sep 15, 2008 9:36:20am

re: #262 yma o hyd

However - they really need to take their gloves off now and hammer at the financial contributions by those banks to the B0 campaign.
The MSM won't do it - and as has been shown by the many links put here by various Lizards, this would not be smearing, it would be using hard facts.

(I do hope the McCain campaign emply a full-time LGF reader ...!)

I'll take the job

286 Kosh's Shadow  Mon, Sep 15, 2008 9:36:31am

re: #272 Who Watches the Watchmen?

OT: Pink Floyd's Richard Wright dies
bummer

I know it was written for Syd Barrett, but
Shine on you Crazy Diamond, Richard

287 ploome hineni[deleted]  Mon, Sep 15, 2008 9:36:53am
288 callahan23  Mon, Sep 15, 2008 9:38:04am

re: #249 mahatma coat

oh ,no ..Lindsay Lohan has put up a Myspace posting condemning Gov. Palin.That's it ,we're sunk folks!

Bwahahaa! Doom, doom ,doom! Bwahahaa!

289 republic  Mon, Sep 15, 2008 9:38:17am

...

290 Mike in Boulder  Mon, Sep 15, 2008 9:39:43am

Can someone explain if the bulk of this is from individials at Fannie/Freddie or from the entities themselves (would the latter constitue PACs?)?

291 taxfreekiller[deleted]  Mon, Sep 15, 2008 9:39:52am
292 ploome hineni[deleted]  Mon, Sep 15, 2008 9:40:17am
293 CommonSense  Mon, Sep 15, 2008 9:40:20am

re: #267 republic

But isn't Michigan a shining example of Democrat policies honed to perfection?

294 jorline  Mon, Sep 15, 2008 9:40:33am

re: #277 soccerdad

Here is a chart of the Bidens’ giving for the years covered by the tax returns:
Adjusted
Gross Income Charity

1998 $215,432 $195

1999 $210,797 $120

2000 $219,953 $360

2001 $220,712 $360

2002 $227,811 $260

2003 $231,375 $260

2004 $234,271 $380

2005 $321,379 $380

2006 $248,459 $380

2007 $319,853 $995

Total $2,450,042 $3,690

That's $662 for Joe and $1 for everyone else in need.

I wouldn't even call Biden a "Bleeding Heart Liberal"...more like a No Heart Liberal.

295 Kosh's Shadow  Mon, Sep 15, 2008 9:41:17am

re: #280 republic

The very sad, true fact, is that government regulations are what have landed the lending institutions into this total meltdown.

Government regulations started it all.

Want to know here the Medical system started failing?

Government regulations and meddling in private business, of which government has no business in.

Most terrifying words,

"I'm from the government and I'm here to help."

---Gipper

Government: If you think the problems we create are bad, just wait until you see our solutions.

296 ploome hineni[deleted]  Mon, Sep 15, 2008 9:43:07am
297 de La Valette  Mon, Sep 15, 2008 9:43:26am

re: #274 alegrias

Just need to get them to vote Republican. I would actually like to see DC shut down on a big Catholic holiday - just nobody go to work. The Metro would work, the Fed buildings would work, and nothing else - no food, no construction, etc. Everyone would be eating street vendor hot dogs.

298 taxfreekiller[deleted]  Mon, Sep 15, 2008 9:43:39am
299 rawmuse  Mon, Sep 15, 2008 9:44:09am

re: #277 soccerdad

Good Lord, not to blow my horn, but I am giving 4-5 times those amounts to charity on a quarter of that income.

300 Cap'n DOC  Mon, Sep 15, 2008 9:44:23am

re: #277 soccerdad

Unfreakin'believable. Not to give away my income level (I make up for it with all those view percs ya know), but last year I gave almost 10% of my income to charity (more than he's done combined if that list you gave us is correct), and I know I'm not alone in this.

What a bucket of warm spit this guy is...

301 Nancy  Mon, Sep 15, 2008 9:44:33am

re: #275 David Simon

Yes that is what the article says at the bottom. It wasn't referring to the favorable loan Obama got from Northern Trust.

I did not type that --it was the exact cut and past from the newspaper.

Obama got his own favorable loan --different bank.
Johnson --resigned from the Obama campaign when it was disclosed HE got a favorable loan from Countrywide at the time THAT bank was in the news.

302 de La Valette  Mon, Sep 15, 2008 9:45:44am

re: #287 ploome hineni

They are tightly interwoven with the Fed and Banking policy - far more then commercial banks. Also, they have a large staff in DC. The place is practically a rest home for former Democratic hill staffers.

303 debutaunt  Mon, Sep 15, 2008 9:48:09am

re: #264 Shug

a drunken slut has a political opinion. oh goodie.

let's all follow her lead

Fingers crossed - hoping she has a paypal account.

304 rednaxela  Mon, Sep 15, 2008 9:49:13am

I thought Barry only took $ from private individuals and steadfastly refused all special interest $$$?

Hmmm...

305 Billy Hank  Mon, Sep 15, 2008 9:51:19am

Hasn't The One been screaming about McCain and lobbyists? What Freddie and Fannie are doing sounds even worse than any lobbyist football game tickets. Or was anything like that possibly included The One's package as a side benefit? Has anyone nailed down what interest rate The One is paying on his Rezko assisted residence purchase? Is his mortgage Fannie/Freddi backed?

Did The One sit down to receive all this munificence, or did he take it standing up?

306 republic  Mon, Sep 15, 2008 9:55:41am

re: #293 CommonSense

But isn't Michigan a shining example of Democrat policies honed to perfection?

It's obviously the training ground for those who will eventually be in Washington, D.C.

307 FrogMarch  Mon, Sep 15, 2008 9:55:51am
Fannie Mae and Freddie Mac survived scrutiny by manipulating, cajoling, and lobbying politicians and hiring board members who were politicos (e.g. Jamie Gorelick) rather than mortgage gurus. They hired lobbyists, gave massive donations, obtained nice tax breaks, and sailed below the regulatory radar screen.

Of the 354 lawmakers who received money from Freddie and Fannie between 1989 and 2008, Sen. Chris Dodd (D) received the most. But next was . . . drumroll . . . Barack Obama. Yup. And he was only there for three years. Not too much went to John McCain, about a sixth of what Obama received (h/t Glenn Reynolds.)

[Link: www.commentarymagazine.com...]

308 republic  Mon, Sep 15, 2008 9:57:10am

re: #299 rawmuse

Good Lord, not to blow my horn, but I am giving 4-5 times those amounts to charity on a quarter of that income.

That is part of the reason that the left hates us.

309 republic  Mon, Sep 15, 2008 9:59:05am

re: #295 Kosh's Shadow

Government: If you think the problems we create are bad, just wait until you see our solutions.

Exactly!

Sad, but true.

/channeling Metallica

310 JCM  Mon, Sep 15, 2008 9:59:52am

re: #277 soccerdad

Here is a chart of the Bidens’ giving for the years covered by the tax returns:
Adjusted
Gross Income Charity

1998 $215,432 $195

1999 $210,797 $120

2000 $219,953 $360

2001 $220,712 $360

2002 $227,811 $260

2003 $231,375 $260

2004 $234,271 $380

2005 $321,379 $380

2006 $248,459 $380

2007 $319,853 $995

Total $2,450,042 $3,690

Not to blow my horn, my income is a fraction of that but my giving an order of magnitude more. And I suspect all lot of people are more like me than Cheap Plugs.

311 David Simon  Mon, Sep 15, 2008 10:00:44am

re: #301 Nancy

Yes that is what the article says at the bottom. It wasn't referring to the favorable loan Obama got from Northern Trust.

I did not type that --it was the exact cut and past from the newspaper.

Obama got his own favorable loan --different bank.
Johnson --resigned from the Obama campaign when it was disclosed HE got a favorable loan from Countrywide at the time THAT bank was in the news.

My bad. I thought you had posted that in response to one of my previous posts.

312 JCM  Mon, Sep 15, 2008 10:04:18am

re: #310 JCM

Not to blow my horn, my income is a fraction of that but my giving an order of magnitude more. And I suspect all lot of people are more like me than Cheap Plugs.

And that doesn't count out of pocket foster care expenses.

Liberals, generous with other peoples money.

313 Bobibutu  Mon, Sep 15, 2008 10:09:14am

re: #298 taxfreekiller

Of some note:

The Calif. home price's are 5 to 10 times higher than they should be,
many of the Fannie Mae and Freddie Mac loans are there, some are
home equity loans on homes that 3 years ago appraised at $2,000,000.
and now apprise at $500,000.00 and you American tax payer are on the hook now for the difference.

crooks

repost from last thread:


In 1995, a senior Clinton Administration official shared with me the Administration's targets for Fannie Mae and Freddie Mac mortgage volumes in low- and moderate-income communities. We had recently reviewed the Administration’s plans to increase government mortgage guarantees — most of these mortgages would also be pooled and sold as securities to investors. Even in 1995, I could see that these plans would create unserviceable debt loads in communities struggling with the falling incomes expected from globalization. Homeowners would default on mortgages while losses on mortgage-backed securities would drain retirement savings from 401(k)s and pension plans. Taxpayers would ultimately be hit with a large bill . . . but insiders would make a bundle.

I looked at the official and said that the Administration was planning on issuing more mortgages than there were houses or residents. “Shut up, this is none of your business,” the official snapped back.

Recently, we have seen numerous press accounts of bank and hedge fund losses from sub-prime mortgages. Remarkably, these reports imply that the losses are the result of a market downturn or contracting credit cycle. But there has been no mention of the extraordinary profits that were generated or who reaped them. There is no mention of who is poised to make a fortune on the bubble collapse. Even the most sophisticated commentators of our day are describing this financial coup d'etat as the unintentional consequence of "market forces."

[Link: solari.com...]

314 taxfreekiller[deleted]  Mon, Sep 15, 2008 10:10:47am
315 Bobibutu  Mon, Sep 15, 2008 10:11:16am

re: #310 JCM

Not to blow my horn, my income is a fraction of that but my giving an order of magnitude more. And I suspect all lot of people are more like me than Cheap Plugs.

How Obama’s Money Works
Catherine and Daily Musings, June 15, 2008 at 4:06 pm
For those of you who do not typically use financial filings, I thought I would make it easy for you to access information on how the Presidential candidates’ money works. Once you see how to access these candidates, I am hoping you can use this template to do the same for your Senators and Congressman.

[Link: solari.com...]

posted topside.

316 Noam Chumpski  Mon, Sep 15, 2008 10:13:14am

Johnny Mac pretty low on the list for being such a senior politician. That's nice.

I see that Pelosi and Reid are representin' their values as well.
That "value" bein', "Gimme."

317 taxfreekiller[deleted]  Mon, Sep 15, 2008 10:20:13am
318 Wendya  Mon, Sep 15, 2008 10:21:01am
When President George W. Bush nominated Henry Paulson to serve as Treasury Secretary, Republicans raised a red flag that Paulson, who, along with his wife, has strong ties to the Democrat party, would not be an honest broker with Republicans.

That seems to have been borne out, with sources inside of Treasury reporting that Paulson briefed Sen. Barack Obama and his campaign advisers on the Fannie Mae and Freddie Mac bailout plan before offering such a briefing to the McCain campaign.

In fact, the McCain campaign had sought a similar briefing several days ago as word spread that a bailout plan was to be unveiled and had been turned down by Paulson's senior staff.

[Link: www.spectator.org...]

Hmmmmmmm.........

319 vagabond trader  Mon, Sep 15, 2008 10:23:21am

re: #165 J.S.

He's quite fair, opting out of the more scintillating stuff in favor of cold hard facts, and there's plenty of them. If any of our "professional" journalists would care to inquire.

320 Kenneth  Mon, Sep 15, 2008 10:35:48am

Charles,

You worte:

Barack Obama is the second biggest recipient of political money from Fannie Mae and Freddie Mac in the last ten years. And he’s only been in Washington for four.

I hate to be picky, but Barry was sworn in as a US Senator in January 2005, which means he's only been "in Washington" for 3 1/2 years, not four. Of course, he hasn't exactly been there the whole time either.

321 J.S.  Mon, Sep 15, 2008 10:39:26am

re: #313 Bobibutu

Might also note that this (I don't know what to call it -- mortgage fraud?) has also occured in Canada. A couple years ago, for no discernable reason (other than easy loan money?) the housing prices sky-rocketed. the price for houses hit all time record highs -- unbelieveable -- shot up to 50% to 100% more than what the houses had been previously valued...(could see a house which sold -- pre boom -- at 124,000 suddenly on the market for 250,000, etc., and these houses were sold at these grossly inflated prices -- and, I ask, to whom? Who could possibly afford these kinds of mortgages? Wages/salaries have remained stable...yet loans were given out...I suspect insiders knew how to manipulate the market and they have reaped BIG time gains...(house flipping, etc.) ... probably multi-millionaires now (having quickly off-loaded the inflated houses prior to today's meltdown -- and shuffled off the loan to some unwary borrower..).

322 J.S.  Mon, Sep 15, 2008 10:41:43am

re: #319 vagabond trader

Yes, from what I've seen (in the Beck interviews) he tends to lay off the inflammatory rhetoric and sticks with the facts (without exaggerations)...

323 orson  Mon, Sep 15, 2008 10:44:29am

Sorry if this has been asked.....

the timeline is 1989 - 2008 ? Would that mean twenty years, and not ten ?

324 talon_262  Mon, Sep 15, 2008 11:00:09am

re: #318 Wendya

[Link: www.spectator.org...]

Hmmmmmmm.........

And the MSM will try their damnedest to Barry it so that the NObama and the Dems don't suffer much (if any) blowback while they keep trying to blame it on Bush and the GOP...

325 JustMyView  Mon, Sep 15, 2008 11:03:15am

re: #98 BaseballMom57

OT: (nowhere else to put this, but I'm finding it hard to keep it in),

Up to this point, I've been a Food Channel junkie, and I really like Paula Deen. But the other day I saw MICHELLE OBAMA on her show as a "special guest" and I about fell over. Paula was gushing all over the place, so it was quite apparent where here loyalties were (are). That's it. I'm writing to her and letting her know I'm canelling my subscription to her magazine, sending all her cookbooks to the Salvation Army, and will never, ever watch her show again.

Not that Paula D cares, but that REALLY pissed me off.

FWIW, John McCain has taped an episode of Rachel Ray. Apparently, it was shown last Friday, but I couldn't find it on Ray's web site.

Both candidates are trying to attract women voters. They will be showing up on all kinds of daytime shows.

326 GorgonBEgone  Mon, Sep 15, 2008 11:07:00am

re: #147 Bill Dalasio

I heard that raines was working for obama.

Why?

Ans:

He needs another $55 million perk to give
to clinton library and other worthy democrap
charities.

Spread the wealth democrap style 101.

Next week. How to get millions free when you
leave the oval office as a disgrace.

[Link: www.nytimes.com...]

Pardon me?

How much Rich $ went to his liebary?

And that witch hillary wanted what in the oval office?

Clean the historical stains?

Rewrite history and clean up the lie-bary in
Arkansas via a new round of clinton crap?

Isn't obama truly another clinton lie machine
and host to trickle down dem dialing for $$$$$$$$$$$...


Democraps more of the same for 2009..

Vote for us..

WE'll steal your $..

Er' tax you.

SCrew the economy with gov interference
and forcing bad loans to dead beats, then
trickle down the vig to worn out re-peat
empty suits like obama.

It's no wonder they've already lost this one.


Democraps more of the same in 2009.

327 neocon hippie  Mon, Sep 15, 2008 11:15:41am

Can anyone point me to a rebuttal of the following:

Here is a link to a video showing that Sarah Palin's former Pentacostal church (the one she grew up in and belonged to until recently) teaches that terrorists attacks on Israel are G-d's punishment of Jews for not believing in Jesus. The first half is background information on her faith (speaking in tongues, etc.). The second half speaks more specifically about her church's views on Jews and Israel. What is implied is that Sarah Palin's foreign policy will be directly motivated and guided by her fundamentalist beliefs. If the church, or her direct line from God, tells her "Jews should be punished", what then?

328 ploome hineni[deleted]  Mon, Sep 15, 2008 11:19:48am
329 neocon hippie  Mon, Sep 15, 2008 11:24:07am

re: #328 ploome hineni

Do you know how long she was in the church and when she left it?

330 ploome hineni[deleted]  Mon, Sep 15, 2008 11:27:14am
331 Dustyvet  Mon, Sep 15, 2008 11:43:42am

Are we surprised? Obama's a Chicago-Cook County machine trained politician. That system is rotten to the core

332 AZDave  Mon, Sep 15, 2008 11:45:15am

re: #21 Spider Mensch

obamicus is just an embarassment. is he the best the dems could come up with? seriously? this is the best? this crooked, leftist, snake oil salesman? this man didn't even deserve to be a senator...I'm mystified by the dems and their adoration of this person..is every single democrat in this country a leftist?

No, but most of the MSM are.

333 AZDave  Mon, Sep 15, 2008 11:54:06am

re: #50 Nevergiveup

Well that alone was enough to sink them. You think he will give any of that money back to the little people who just got canned?

No, but he'll take your money and give it to them!

334 GorgonBEgone  Mon, Sep 15, 2008 12:01:11pm

re: #326 GorgonBEgone

Franklin Raines and Denise Rich have what in common with
OBAMA?

Trickle $'s round the mulberry BUSH?

How dumbocrats play the REAL game of politics.

Rule number 1. You must hate BUSH...
(may the fleas of a thousand camels infest his ...)
This isn't the bush league little boys and girls...
This is democrat how to get RICH rules.

Your not allowed to earn it on this level.

OK demo kids take your chairs. We are going to have
more fun then dialing for $'s.

Stealing American tax revenue for fun... yeah.

Jaime (Gorelick) you sit here.

[Link: en.wikipedia.org...]

[Link: www.newsmeat.com...]

And Franklin (RAINES) sit next to her.
[Link: www.newsmeat.com...]

Then former head of the DNC little Terry (McAuliffe) sit here.

[Link: en.wikipedia.org...]

Let's play.. the music.


you get the idea?

If not try:

This is the way we steal tax revenues steal tax $'s and then
past them around the demo circle.

Trickle up to democraps, democraps, democraps, round and round the mulberry BUSH.

This is the way we rip the american people. Rip the people.
rip the people.

This is the way we get rich like MARC Rich.
So early in the century.

Pardon me? ha aha...

Now kids play nice.

Send Denise the piece to have a seat.

She wants to play now.

[Link: en.wikipedia.org...]

[...]

Denise Rich, his former wife, had made substantial donations to the Clinton library and to Mrs. Clinton's senate campaign.

==========================

Lets play immoral & unethical and then call BUSH stupid?


Sounds good to all of us dumbocraps... YEAH!

Pubs are stupid...
yeah...


And then some young muslim girl is forced to wear a
suicide bomb and is detonated to make a terrorist point of view.
So early in he morning.

The hate filled yip and yap, yip and yap:
We don't give a flying pigs behind. Lets blame BuSH... yeah.

You eat your pork and we serve ours up as a public service.
So early in the morning.

Your clinton immorality and calling honest god fearing people stupid
only makes our evil point all the more relevant to us...
so early in the morning.

Allah be great, allah be great so early in the morning.
We are right and you are wrong so early in the morning.

We go to virgin heaven and now we send those virgins there to
serve Allah. Early in the morning.

We are right and clinton and obama are stooPID and
now we kill all infidels.

Evil loves evil...early in the morning.

335 AZDave  Mon, Sep 15, 2008 12:11:17pm

re: #108 CommonSense

LMAO

that's not the $126,000.00 I knew

I wonder if he'll throw all that money under the bus? If so, I'd like to catch some of it.

336 AZDave  Mon, Sep 15, 2008 12:17:49pm

re: #138 gop_patriot

FoxNews.com front page has "STREET OF FEAR" as one of their lead headlines.

Fox News tends to lean towards yellow journalism.

337 AZDave  Mon, Sep 15, 2008 12:26:07pm

re: #182 sevoguy

"Change" The only thing left once Obama gets a hold of your Paycheck.

This saying has been placed in my signature at the bottom of all my outgoing e-mails.

Charles open a thread dedicated to political sayings, antedotes, slogans, etc..

But only if you're lucky enough to have a job.

338 wltzacrsstxs  Mon, Sep 15, 2008 12:40:49pm

#147 Bill

Would YOU run for president? I don't care if you gave birth to a Martian baby, you've got my vote.

I might hit up the FEC website myself to see if there's any evidence of bundling (i.e. contributions given on the same day, listing same address, etc). Given that Freddie and Fannie are more or less the government, and bureaucrats tend to vote Democrat (big government means they keep their job, and maybe even get an assistant).

Lots of folks at my employer have made listable donations (over $100) and the donations are all over the map, leading me to believe they are "real" donations. I'm not terribly suspicious of Obama without more.

His PAC dollars are pretty low. How a PAC works is this: corporations can't make donations to a political campaign. However, they can set up and fund the administration of a Political Action Committee, which is contributed to by their employees. All the money in a PAC's account should be from employee's payroll deductions (actually, payroll deductions can only be done for management and executive types; the helpless (in the FEC's view) "little people" can only be solicited by mail, at home, and the company has to use a third party vendor to collect any money they might contribute to the PAC, so company can't find out who did and who didn't donate. Corporations, unions, and trade groups have PACs. It's some shcmoe's job at the corporation to decide who to donate the PAC funds to. They usually pick somebody - either state, federal, local races - who have the company sponsoring the PAC's interests at heart. If you're in, say, Agriculture, your PAC probably donates to members of the Ag committees.

Anybody know if ADM sent a truckload of corn to the ranking member on the Ag committee? After all, Dodd got some sweet loans...

For those not familiar with big $ campaign donations, you have to list your employer for more than $100 (I think - it might be $250?). You can search donors to a campaign at the FEC's website by name, zip code, employer, etc. I started at the top of the alphabet on Obama's big donor list and hit some Iranian enablers right off the bat. Scary stuff. All it takes is a google search. I wish enough of us had time to split up the list and see who really donates to Obama's campaign. Somehow I don't see Soledad O'Brian running down this story...

339 Zonie  Mon, Sep 15, 2008 12:44:15pm

re: #21 Spider Mensch

obamicus is just an embarassment. is he the best the dems could come up with? seriously? this is the best? this crooked, leftist, snake oil salesman? this man didn't even deserve to be a senator...I'm mystified by the dems and their adoration of this person..is every single democrat in this country a leftist?

Not all Dems are traitors.

340 Pshawalaw  Mon, Sep 15, 2008 12:50:59pm

$126 million, that not small change.

341 Taqiyyotomist  Mon, Sep 15, 2008 2:03:15pm

National Alinskyism. It's what I figured from the get-go. Dems do it best. Create the problem, make the people angry about the problem, blame "the man". Same thing the Community Organizers do in the cities, on a nationwide scale.

The U.S. needs to learn what Alinskyism is and has done in the past 40 or so years. If and when the 90% or so of blacks who vote for these people ever really learn what Alinskyism is, I sure hope we see a real, meaningful revolt. I mean Tom Kratman-style. These ****s deserve nothing less than the firing squad. The inner-city voteslave castes need to be shown what the Democrats have done TO them while pretending to do FOR them, and then they need to do something about it. Am I calling for the murder of Dem leaders? No, but in a logical, reasonable, JUST world, those who have been enslaved would, and I won't blame them.

(On the voteslave castes ever hearing and learning the truth of it all...I will refrain from holding my breath.)

-Taq

342 LesLein  Mon, Sep 15, 2008 2:17:37pm

re: #216 Yankee Division Son

This story hasn't been proven. According to The Corner, the source is occasionally mistaken. I'm sure the MSM will quickly move to research the matter.

343 LesLein  Mon, Sep 15, 2008 2:24:48pm

Regarding the sub-prime loans, let's take a trip down memory lane:

And up until a few weeks ago, the Clinton Administration itself had threatened a veto of the legislation as it took various forms that raised a series of White House objections. In recent months, the administration objected most sharply to the issue of rules requiring that banks make loans in minority and low-income communities where they operate.

Gramm, an outspoken conservative who opposes the rules, last year managed to kill a similar bill that would have overhauled the community lending laws. The White House insisted that banks be required to have a strong track record in local loan-making as a condition for being allowed to expand into other financial activities.

[Link: www.cnn.com...]

344 Wendya  Mon, Sep 15, 2008 2:33:30pm

re: #342 LesLein

This story hasn't been proven. According to The Corner, the source is occasionally mistaken. I'm sure the MSM will quickly move to research the matter.

The "source" has never directly quoted a high ranking Iraqi cabinet member before.

Someone needs to interview Iraqi Foreign Minister Hoshyar Zebari to see if he confirms this.

345 I Need A Bigger Gun  Mon, Sep 15, 2008 3:10:39pm

No wonder Obambi likes to play basketball. He's great at the bank shot. (I hope that hasn't been used already).

346 samhein  Mon, Sep 15, 2008 4:03:12pm

re: #29 joncelli

But no matter how bad it gets, it seems to bother few. There has been enough dirt found on Obama to bury him 6 times over. But the arrogant bastard is still in the game. He's a legend in his own mind, and people still can't seem to hear the lies.

I'm not totally convinced on McCain either, and there are some things I don't like about Palin. But if I have to take a risk, it ain't gonna be with the Obamination. That is just too dangerous of a risk to take.

347 Blackdog  Mon, Sep 15, 2008 4:03:30pm

Robert Johnson is an important guy. He was the chairman of Obama’s committee to find a vice-president. He was also the ex-chairman of Fannie Mae. Now that is important because Fannie Mea is insolvent and, according to the Washington Post, way back in 2006, when the financial problems of both Fannie Mae and Freddie Mac first surfaced, Fannie Mae's chief regulator, the Office of Federal Housing Enterprise Oversight, in a 340-page report determined the company's $10.6 billion accounting scandal was rooted in a corporate culture that dates back 20 years. That puts Johnson right in the middle of it.

But there is more; you see, between 1989 and 2008—that 20 years—guess who got the most in campaign contributions of Fannie Mea and Freddie Mac (both quasi-government corporations—which means they kept the profits and the taxpayers got the losses)?
Top Recipients of Fannie Mae and Freddie Mac
Campaign Contributions, 1989-2008
Name Office Party/State Total
1. Dodd, Christopher J S D-CT $133,900
2. Kerry, John S D- MA $111,000
3. Obama, Barack S D-IL $105,849
4. Clinton, Hillary S D-NY $75,550

Christopher Dodd is the Chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, the very same committee that has oversight of the Fannie Mae. Mr. Kerry sits on the Finance Committee, in addition to having been the Democrat’s Presidential candidate in 2004. Of course, Hillary and Clinton ran for President this time around.

348 someotherguy  Mon, Sep 15, 2008 6:34:54pm

And theres More...

The Clinton-era document that Mason cites, The National Homeownership Strategy: Partners in the American Dream: was hiding in plain sight on the website of the Department of Housing & Urban Development until last year, when according to Mason it was removed (probably because the housing bust made it seem embarrassing to the department).

[Link: www.osti.gov...]

The Democratic Nominee for President had his hand in creating the Mortgage Mess...
In September, Acorn, a community organization representing low- and moderate-income families, announced an agreement with Citigroup to create an affordable lending program for home buyers, with a special focus on immigrants. 12/2004
[Link: www.usatoday.com...]

Chicago Acorn appears to have played a major role in Obama’s political advance. Sure enough, a bit of digging into Obama’s years in the Illinois State Senate indicates strong concern with Acorn’s signature issues, as well as meetings with Acorn and the introduction by Obama of Acorn-friendly legislation on the living wage and banking practices. You begin to wonder whether, in his Springfield days, Obama might have best been characterized as “the Senator from Acorn.”
[Link: article.nationalreview.com...]

And last but not least...

Edwards Says He Didn't Know About Subprime Push...
The hedge fund that employed John Edwards markedly expanded its subprime lending business while he worked there, becoming a major player in the high-risk mortgage sector Edwards has pilloried in his presidential campaign.

Edwards said yesterday that he was unaware of the push by the firm, Fortress Investment Group, into subprime lending and that he wishes he had asked more questions before taking the job. The former senator from North Carolina said he had asked Fortress officials whether it was involved in predatory lending practices before taking the job in 2005 and was assured it was not.
[Link: www.washingtonpost.com...]

349 dwigg  Mon, Sep 15, 2008 7:51:31pm

re: #347 Blackdog

Blackdog do you have any info on how BHO voted on past proposed reforms on Fannie Mae & any comment by BHO as to why he choose his position on any such reform measures?

350 Ledger1  Tue, Sep 16, 2008 1:54:16am

re: #69 Spiny Norman

Jamie Gorelick setup the information wall. It is not surprising that she could do the same at Fannie in a financial way.

Raines with his Clinton connections was entrenched so deep that it was almost impossible to dislodge him.

Good Gad, Gorelick and her Clinton machine make me sick.

351 astroturf  Tue, Sep 16, 2008 5:25:38am

Wasn't Vladimir Lenin a community organizer, too?

352 RTLM  Tue, Sep 16, 2008 5:43:06am

No wonder the shrieking and finger pointing has been muted. The Dems are neck deep in this mess.

It took 20 months for economy to tank, oil prices to double and Wall Street to dive. Coincides perfectly with the ~2 years the Dems have been in control of the House and Senate.

353 Perf  Tue, Sep 16, 2008 10:37:57am

re: #327 neocon hippie

Can anyone point me to a rebuttal of the following:

Here is a link to a video showing that Sarah Palin's former Pentacostal church (the one she grew up in and belonged to until recently) teaches that terrorists attacks on Israel are G-d's punishment of Jews for not believing in Jesus. The first half is background information on her faith (speaking in tongues, etc.). The second half speaks more specifically about her church's views on Jews and Israel. What is implied is that Sarah Palin's foreign policy will be directly motivated and guided by her fundamentalist beliefs. If the church, or her direct line from God, tells her "Jews should be punished", what then?


In small towns, there are not many choices for church or minister. e.g. A person's beliefs may be Methodist, but the choices are Catholic or Baptist, so he/she attends a Baptist church. And it may be difficult to get a minister willing to move to AK for a smaller salary. Some "ministers" are run off by poor reputation, so they move across country to start over.

Not sure if it is Palin's situation, but could be.


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