America is losing ground under Obama
By Catherine Buckingham Clark
Please consider these points, then read the last paragraph:
If George W. Bush had made a joke at the expense of the Special Olympics, would you have approved?
If George W. Bush had given Gordon Brown a set of inexpensive and incorrectly formatted DVDs, when Gordon Brown had given him a thoughtful and historically significant gift, would you have approved?
If George W. Bush had given the Queen of England an iPod containing videos of his speeches, would you have thought this embarrassingly narcissistic and tacky?
If George W. Bush had bowed to the King of Saudi Arabia, would you have approved?
If George W. Bush had visited Austria and made reference to the non-existent “Austrian language,” would you have brushed it off as a minor slip?
If George W. Bush had filled his cabinet and circle of advisers with people who cannot seem to keep current on their income taxes, would you have approved?
If George W. Bush had been so Spanish illiterate as to refer to “Cinco de Cuatro” in front of the Mexican ambassador when it was the fourth of May (Cuatro de Mayo), and continued to flub it when he tried again, would you have winced in embarrassment?
If George W. Bush had misspelled the word “advice,” would you have hammered him for it for years like Dan Quayle and “potatoe” as proof of what a dunce he is?
If George W. Bush had burned 9,000 gallons of jet fuel to go plant a single tree on “Earth Day,” would you have concluded he’s a hypocrite?
If George W. Bush’s administration had OK’d Air Force One flying low over millions of people, followed by a jet fighter in downtown Manhattan causing widespread panic, would you have wondered whether they actually “get” what happened on 9/11?
If George W. Bush had been the first president to need a TelePrompTer installed to be able to get through a press conference, would you have laughed and said this is more proof of how inept he is on his own and is really controlled by smarter men behind the scenes?
If George W. Bush had failed to send relief aid to flood victims throughout the Midwest with more people killed or made homeless than in New Orleans, would you want it made into a major ongoing political issue with claims of racism and incompetence?
If George W. Bush had ordered the firing of the CEO of a major corporation, even though he had no constitutional authority to do so, would you have approved?
If George W. Bush had proposed to double the national debt, which had taken more than two centuries to accumulate, in one year, would you have approved?
If George W. Bush had then proposed to double the debt again within 10 years, would you have approved?
If George W. Bush had reduced your retirement plan’s holdings of GM stock by 90 percent and given the unions a majority stake in GM, would you have approved?
If George W. Bush had spent hundreds of thousands of dollars to take Laura Bush to a play in New York City, would you have approved?
So let’s look carefully at what Obama has done (noting his actions above). Why is he getting “passes” on such terrible performance and judgment? What do you think the next three years will hold for Americans and the state of our nation? If you think we are in financial trouble now, just wait until you see the financial decimation we will face in three more years.
Looking at today’s polls, I think Americans are finally realizing they made a mistake about Mr. Obama and his competency. He is truly not qualified to be president of the United States, nor does he have the best interests of our country and citizens at heart. He seems more determined to take us closer to socialism than concentrating on protecting our freedom and making our country stronger. We are, in fact, losing our country, our liberties and our assets.
Folks, think hard about the 2010 elections and who you vote for. We are at a “do or die” point in our country’s existence. Our continued freedom is on the line. Watch our economy, watch the value of our currency, watch our international position — we are losing ground on all fronts. Mr. Obama was a very bad choice for this country.
(Clark lives in Napa.)
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Raven wrote on Jul 17, 2009 12:56 AM:
well the average approval rating for Obama is 55.8 percent....ranging from 58 on Gallup, to a 51 on Rassmussen....(and Bush did double the national debt) "
random name here wrote on Jul 17, 2009 1:32 AM:
Yeah... Uhhhh...Good luck with that. Better pack a lunch or stop for a bucket of chicken.
I'd also like to meet someone, anyone, who has repaired the mistakes of another person simply by complaining. I usually have to put some work in around here to get anything done. If I sit on the couch and complain about that pile of laundry it mysteriously gets bigger. "
Ruff Limblog wrote on Jul 17, 2009 3:03 AM:
~Ruff "
antipc wrote on Jul 17, 2009 6:07 AM:
But I think you'll find it's easier for St. Barrys supporters to deny or minimize these events than it would be to admit there's a double standard. "
napagrammy wrote on Jul 17, 2009 6:42 AM:
O/U now wrote on Jul 17, 2009 6:42 AM:
glenroy wrote on Jul 17, 2009 7:36 AM:
Obama's core support is already in the -minus numbers.
We've never had a President in minus numbers first year of the first term.
As Slim use to sing...'they're gona put me in the movies, they're gonna make a big star out of me....I'll the biggest fool to ever hit the big time and all I gotta do is act naturally...'. "
a teacher wrote on Jul 17, 2009 7:47 AM:
lsw1969 wrote on Jul 17, 2009 8:22 AM:
Mr4 wrote on Jul 17, 2009 8:38 AM:
And you didn't even mention the destruction of America's free banking system, the wholesale dismemberment of the world's finest healthcare system and the utter demolition of America's energy infrastructure. "
if you can't beat 'em... wrote on Jul 17, 2009 8:48 AM:
As an Obama supporter, I guess my only counter point is that I feel that Obama is more willing than Bush to admit his mistakes. I always felt that W was so arrogant and unwilling to acknowledge flubs, bad choices, etc. Obama (for the most part) seems to recognize when he makes those mistakes and is willing to APOLOGIZE and try to make it right. "
Ruff Limblog wrote on Jul 17, 2009 8:57 AM:
Americans were presented with the choice between Barack Obama and John McCain and made their choice.
Nothing on your list would have made John McCain a better candidate. And Republicans LOST the White House, and LOST in the US Senate and LOST in the US House of Representatives. Voters self-identifying as Republicans are declining. So are the ratings the Independents give Republicans.
Republican carping while presenting 'Budgets w/o Numbers' and 'Healthcare Plans w/o Numbers' just convince people that they have no IDEA how to clean up the Dubya mess.
After presenting this list of Obama slip-ups or whatever you want to make of them, you tell voters"Folks, think hard about the 2010 elections and who you vote for."
Barack Obama is not running for office in 2010.
Is this slip-up important or something to ignore?
~Ruff "
Ruff Limblog wrote on Jul 17, 2009 9:01 AM:
I'm not a fan of everything Obama has done, and probably won't like everything he will do.
However, given the choice of Obama vs McCain -- I'd vote for Obama all over again.
Just like the large majority of American voters did on Nov 4, 2008.
~Ruff "
valleylocal wrote on Jul 17, 2009 9:03 AM:
Personally I am proud we have a President that can speak in complete intellegent sentences and is at least attempting to regain the world respect that was lost the last eight years. "
kevin wrote on Jul 17, 2009 9:03 AM:
Excellent Catherine! Always good to start the day with a joke, and there is none bigger than B.O.
Unfortunately, the big joke is on us down the road as B.O.'s policies continue to bankrupt our country and working families.
I have to admit though, I do throughly enjoy the "I told you so" moments (that are happening more frequently) when people who voted for B.O.'s "change" confess that they didn't realize how bad the change was going to be... "
Hear ye wrote on Jul 17, 2009 9:06 AM:
Raven wrote on Jul 17, 2009 9:15 AM:
to use Gallup, here is break down of the gallup numbers with some of the reasons..for approval and disapproval
Americans who say they approve of the way Obama is handling his job as president are most likely to say it because he is "doing a good job" or "doing the best he can under difficult circumstances" (31%) and those who disapprove are most likely to say it is because he is "spending too much" (24%).
minus number eh.....must be that new math? "
Poohmama wrote on Jul 17, 2009 9:31 AM:
Napan Ed wrote on Jul 17, 2009 9:56 AM:
http://www.tommcmahon.net/2009/07/what-if-george-w-bush-had-.html "
shareathought wrote on Jul 17, 2009 10:27 AM:
comparing the minor presidential mistakes of Barack Obama’s to George W. Bush’ major mistakes just doesn’t work_
and yet, if we were to overlook the things like responses to national disaster, homeland invasion, war, and financial ruin_
President Obama still offers the people of our nation (and the world), something that the former president never did_
r e s p e c t. "
Poohmama wrote on Jul 17, 2009 10:41 AM:
Poohmama wrote on Jul 17, 2009 10:48 AM:
TAXPAYER wrote on Jul 17, 2009 10:53 AM:
Don't let the sheep get you down with their comments. Keep up the fight!
This guy needs to be stopped. I for one will fight before I am required to start speaking Chinese! "
noblindershere wrote on Jul 17, 2009 11:42 AM:
alucawanza wrote on Jul 17, 2009 11:55 AM:
Google: Bush malapropisms....Have fun.
BTW: Obama uses the teleprompter for speeches, not press conferences. Get your facts straight even if they are from an email...
Lying to us about Iraq sorta wipes out all the good will anyone can have for Mr. Bush. 4,000 dead because of lies. Shameful. "
freeport56 wrote on Jul 17, 2009 12:08 PM:
Barry campaign as a moderate, he lied about himself. When he took the oath, he made a very sharp left turn.
While Raven is still hung up on blamimg Bush. Bush did set up $6 Trillion dollars in spending, create a tillion dollar annual deficit, or quadruple the deficit, or cozy up to the world's Dictators who maintain power through torturing\murdering\imprisoning their own people.
Bush is not in the process of passing laws that will destroy business and industry in America. Bush did not believe in placing such high taxes on the American people, and Bush did not believe in Socialism.
Democrats are just not good for America. maybe they need a new title......like National Socialist Democrats! "
CLRAE wrote on Jul 17, 2009 12:08 PM:
nosocialism wrote on Jul 17, 2009 12:13 PM:
Yes, Obama, has slipped up big time, many times. However, no Main stream media picks it up.
The international community is laughing at Obama. Even the French are telling him to stop spending. He is not respected overseas. Respect is different from being liked.
Obama is all about socialism and more. No one (except the pulpit) leads a better life under socialism. That is a fact! The disenfranchised will be happy that everyone else is as miserable as they are now. Socialism is for the lazy, ignorant and the haters.
Remember, under Obama, the gov't will be big enough to give you platitudes, and even bigger in taking everything from people who have made this country great!
The media will continue to kiss Obama all the way to the bitter end. Then, even the press will be what they are now, puppets of the United Socialist States of Anerica. "
steph wrote on Jul 17, 2009 12:14 PM:
I saw a great bumper sticker last night: "Don't blame me, I supported Ron Paul." Maybe I will, too, next time. "
shareathought wrote on Jul 17, 2009 12:23 PM:
In order for a leader to gain and maintain respect of the people, he must give his best and be as honest as possible…
We should look at the things in a balanced way.
There are things that we were unprepared for over the previous presidency: national disaster, homeland invasion, war, and financial ruin…
and the responses to those things.
Its bothersome that many who write letters, seem to get their material from anti-someone/something sites and spew blather.
Credible statistics on the important issues, like_where we are now, might, help us to be prepared for_where we might be and how we’ll get there, over, next 3-and-a-half years…
“Katrina killed… 1,836 people and… damages estimated… $125 billion.”
http://www.livescience.com/environment/top-10-natural-disasters.html
“2,974 victims…19 hijackers died in the attacks”
http://en.wikipedia.org/wiki/September_11_attacks
“direct cost of $27.2 billion.”
http://www.ccc.nps.navy.mil/si/aug02/homeland.asp
“Five years… Pentagon… cost of… Iraq war… $600 billion….”
http://www.nytimes.com/2008/03/19/washington/19cost.html
"$864 billion"
http://www.fas.org/sgp/crs/natsec/RL33110.pdf
"Untied States deaths; Iraq Confirmed: 4323, Afghanistan: 740"
http://icasualties.org/oif/
"USA 2008: The Great Depression_" Tuesday, 1 April 2008
http://www.independent.co.uk/news/world/americas/usa-2008-the-great-depression-803095.html
“It's official: Recession…” Chris Isidore, Dec. 1, 2008
http://money.cnn.com/2008/12/01/news/economy/recession/index.htm
Sites refer to how we (the citizens of USA), are affected by our world and our actions; we don't know the effect we (our troubles), have upon the rest of the world.
Often, what we write to the editor only exemplifies our own self-importance maybe, sometimes, we should “step outside the box”. "
O/U now wrote on Jul 17, 2009 12:29 PM:
Paddy wrote on Jul 17, 2009 12:48 PM:
One significant natural disaster, akin to Hurricane Katrina, will have us begging for assistance from previously Third World countries because Obama's plans assume there will be no "rainy day" scenarios that will destroy his plans for socialized medicine and socialized corporate stimulus.
Imagine his chagrine as he tries to explain to millions of Los Angelenos that he's sorry for their plight and dispair after the "big one" but he's given all our money to the banks and automobile companies and has nothing left to rebuild Southern California. Oh! And socialized medicine won't pertain to those dead and dying because we can't afford it. Good luck to you.
Ah, the good old days. "
Poohmama wrote on Jul 17, 2009 1:14 PM:
You have to leave California once in awhile! People east of the Mississippi think California has already fallen into the ocean...and Rev. Wright has already sermonized how much they deserved it. "
nosocialism wrote on Jul 17, 2009 1:14 PM:
Well, that is an opinion without studying it further. I can go on about how Louisana state/city gov't dropped the ball and could go on about the peril if we did not go to war in the middle east. I can even tell you that it was the dems who caused much of the recession; but, to all Bush haters, telling the WHOLE truth is not important! The fact Bush was around is all that matters.
I am not a kool aide drinker. There were things Bush did/did not do that I disagreed with him about. There are actions that some dems take that I do agree about with them.
At the end, though, it is how you view life and can one be objective. So, all the sites with stats will be handy when The USA goes into the tank by next elections. The dems run the country and there cannot be any excuse of who led us there.
I would love to hear from all the Obama lovers/Bush haters then. Oh yeah, that is right, no one will admit, then, that they were drinking the Kool Aide! "
freeport56 wrote on Jul 17, 2009 2:18 PM:
http://cboblog.cbo.gov/?p=328
The current recession and policy responses have little effect on long-term projections of noninterest spending and revenues. But CBO estimates that in fiscal years 2009 and 2010, the federal government will record its largest budget deficits as a share of GDP since shortly after World War II. As a result of those deficits, federal debt held by the public will soar from 41 percent of GDP at the end of fiscal year 2008 to 60 percent at the end of fiscal year 2010. This higher debt results in permanently higher spending to pay interest on that debt. Federal interest payments already amount to more than 1 percent of GDP; unless current law changes, that share would rise to 2.5 percent by 2020.
Gee, thanks Democrats! "
hawkins707 wrote on Jul 17, 2009 3:50 PM:
Napan Ed wrote on Jul 17, 2009 4:07 PM:
DME wrote on Jul 17, 2009 4:56 PM:
Despite protestations, the frequent criticism from the left about those on the right is that they just aren't bright enough. Thus was Eisenhower too stupid to be President when we could have had Stevenson, and Reagan too stupid when Carter and then Mondale were the alternatives. The judgment of history is that it isn't really innate intelligence that is the "sine qua non" for the nation, but philosophy and judgment.
It isn't Obama's intelligence that is in question these days, but his philosophy and judgment. And the people are growing impatient with those who reflexively respond to the question by either casting "ad hominum" aspersions upon the intelligence of the questioners, or by simply saying it is all Bush's fault.
Just answer the questions: if Obama's universal healthcare mandate is going to cost $1 trillion, and yet cover only a third of those presently uninsured, and if as the Congressional Budget Office observes there not only will be no costs savings from the current system, but additional costs as well, why is this not properly presented as a $3 trillion + solution? And will it possibly bankrupt the nation? Or do we just want to avoid serious response and just blame it all on Bush?
And why does Obama wish to hamstring our economy at such a vulnerable economic moment by agreeing to Cap and Trade when it will account for no measurable difference other than impoverishment for Americans, since 2/3's of the world, and possibly 4/5's of its polluters, have announced they will not abide by Cap and Trade? How about a serious response, rather than a drive-by sneer that we are too stupid to be asking such questions. "
post-it wrote on Jul 17, 2009 6:19 PM:
alucawanza wrote on Jul 17, 2009 6:27 PM:
http://www.slate.com/id/2100064/
Enjoy.
Steph: Press conferences are not town hall meetings. Two separate functions. Of course town hall meetings are politically set up. Press conferences are not. Remember when Bush made that older journalist sit in the back? She was too much for him to handle. It was an insult to her experience and longevity on the press corp. Did that stop him? No....Shameful. You won't see Obama being that discourteous...
Enjoy the site. "
Mr4 wrote on Jul 17, 2009 6:34 PM:
Who cares?
I never saw it before, so thank you, Catherine for once again revealing the hypocrisy of the left. "
Cowboy wrote on Jul 17, 2009 7:31 PM:
" I'd like to point out, again, that Catherine did not write this. "
What does it matter who wrote it, when it's all true? The rabid left has such a volatile denial of the truth, that when they hear the truth they resort to the tactic of personal destruction (shoot the messenger).
What will it take for them to wake up? Running out of Koolaid? "
Enlightened Coelacanth wrote on Jul 17, 2009 8:59 PM:
Where is any disclaimer that the whole thing is as scripted as any high school play?
But that's what Obama town hall meetings are. They are dishonest shams sold as one thing when they are quite another.
Propaganda is propaganda. And if you want to sell a time bomb like nationalized health care to the public be honest about it and stop
rigging the game.
It makes it look like you aren't being honest with America. "
PlasticPinkFlamingo wrote on Jul 17, 2009 9:26 PM:
And notice they never respond with facts - just belittling and innuendo. Never facts.
Someone made the comment that Obama isn't running in 2010. Now there's someone trying to create a diversion! In fact many, even on the left, have pointed out that Obama acts like he is still campaigning. 2010 is a referendum on Obama's policies and already we are seeing dramatic shifts in independent voters moving away from Obama. BTW those are the real independent voters, and the Democrat pollsters are playing it down but admit that even their polls show the decline.
The Republicans continue to shoot themselves in their feet, reloading and doing it over and over again. This miserable excuse for a political party needs to get out and make way for a new party that is open and welcome to all voters except those on the far left and feeble minded RINOs. Real independents and libertarians (not the Libertarian Party, they need to take their "I'm more libertarian than you" flames and go home) need to step up now and take charge and take Congress away from Franks, Shumer, Pelosi and Reid and their cronies.
Then on to 2012! "
reason-ator wrote on Jul 18, 2009 11:32 AM:
Has Obama ever been re-elected to a position ?
Obviously this country needs, more than ever, a President that we can get behind and support. But the latest bailout of a trillion dollars is $3000 a person. And the Health Care requirement is almost dictatorial rather than Socialist.
I've gone from enthused to scared in the last few months. I hope I'm wrong. "
XMAN wrote on Jul 18, 2009 9:49 PM:
Within a short space of two years the borrowers found themselves in foreclosure and the banks ended up holding mortgages that were uncollectible. The housing market collapsed nationwide, the banks collapsed, the car industry collapsed, the job market collapsed. This is a fact and it is history and it is not going to go away. What was George W. Bush's participation in this? He could have (and should have) vetoed the bill that did away with the prohibition of sub-prime loans. Had he done this he would have been labeled a racist by the liberal left but his presidency was already down the tubes anyway. It would have been good for our country had our nation not indulged in so much dishonesty. Now we are all paying for it and those who are directly to blame are totally in charge of the show. What has Obama done to fix the problem with liars loans? He has made policy to extend the mortgages and have the government give up to $1,500 to what he calls "victims" so they can refinance. Eventually, most will default. "
reason-ator wrote on Jul 19, 2009 2:49 AM:
Bush in fact later reached a high point in the mid-80 percent range in his first year of office, and Obama is apparently 25-30 percent below already.
For a president to be THAT far behind G.W.Bush ( of all people ) in the approval ratings after about a half-a-year in office is kinda scary, actually. Remember, Obama promised us change when he was campaigning, but is it a good change when he can have THAT much less of an approval rating that George W. Bush ALREADY ? Especially since it doesn't appear like it's going to get any better soon ? "
alucawanza wrote on Jul 19, 2009 1:51 PM:
Thank you but my breathing is fine. I'm not all worked up about the sky falling.
*I'm not telling you to shut up. I respect your right to free speech.
*I'm still criticizing Nixon for heaven's sake. Now it's Ensign and Sanford. Such upstanding citizens! Pun intended.
*I don't want anyone to shut up. I believe in civil liberties. Just as I won't shut up. Don't I have the right to explore my opinions?
*Facts:
*Nixon covered up Watergate. He resigned in disgrace.
*Spiro Agnew resigned in disgrace.
*Bush lied about Weapons of Mass Destruction...so did Cheney.
*Ensign and Sanford cheated on their wives and hurt their families.
*Sarah Palin is a quitter.
*There's a house in Washington D.C. that claims to be a church and is tax exempt where Republican congressmen live dormitory style.
*Republican senators asked redundant questions of Sonia Sotomayor.
*Bush commuted Scooter Libby's sentence.
*Cheney and Bush lied about Iraq being tied to 911.
*Pelosi told the truth about being mislead by Bush's CIA.
Enough facts???? No inuendo here.
Tomorrow is the 40th anniversary of the first walk on the moon. That was accomplished under a Democratic administration. "
Raven wrote on Jul 19, 2009 2:51 PM:
Gallup shows Obama a point ahead of where GW was at the same time in his first year and he has only dropped 4 points in Gallup since January. Realpolitics average of all the major polls shows a drop of 7 points since then. "
XMAN wrote on Jul 19, 2009 9:07 PM:
Once Congress passed their new law all banks were expected to get on the band wagon and make sub-prime loans. Some banks balked. One such bank refused on the grounds the loans were potentially disasterous and was rewarded by a lawsuit personally filed by attorney Barack Obama. Obama argued that the bank was showing race bias and threatened to seek further government action against the bank for race discrimination if they did not make the loans. Thoroughly intimidated, the bank made the loans to persons who were considered to be members of the minority races.
As was typical with such loans, the applicant exaggerated their income and the worth of the property was over-valued on paper so that the mortgage amount could be increased to a higher amount. The borrower was given a low interest rate for one year and in some cases did not have to pay on the principal for one year. All of this fit right in with the reverse discrimination policy of the government and what they call "affirmative action." After one year people were not able to make the payments and they defaulted. Were these poor people victims as Obama called them? Absolutely. They were the victims of a poorly thought out program devised by their own government. Just like the pending Health Care Program and the Cap and Trade Bill. What folly! "
Homeboy wrote on Jul 19, 2009 10:41 PM:
Have you ever heard Obama off prompt? It is unfortunate that we have so many just looking at the party line, ignoring what both parties are doing...taking our liberties away. Do not become discouraged and withdraw. The Obamamites want us do just that. They will try to attack you, not the issue. When you use facts and logic, this atleast causes them to think.
Why would people accept known tax cheats appointed to high offices, including the treasury which is the head of IRS, increase the unemployment rate above the government's prediction and commit the same mistakes that have created the "Great Depression"? Read "History Repeats Itself" by Dr. Gene Smiley. The answere is political hacks, the uninformed or people with an agenda to ruin the United States.
According to the Wall Street Journal, July 17, 2009: "Congress's chief budget scorekeeper cast a new cloud over Democratic efforts to overhaul the nation's health-care system, telling lawmakers Thursday that the main proposals being considered would fail to contain costs -- one of the primary goals -- and could actually worsen the problem of rapidly escalating medical spending." Why would the government want to take over your health care if the cost would go up? For power and a preplanned agenda, socialism. 70 % of the people do not want to change their health caere especially if it will cost more.
Obama tells us that he does not want to take over the private sector, but does so any way, GM, banking and now health care. Obama knows that the private sector will not be able to compete. "
reason-ator wrote on Jul 20, 2009 1:03 AM:
So the point I'm making IS STILL that trumpeting Obama's approval rating AT THIS POINT in his term just points out that he isn't any better than Bush was at this point in his term, if you're going to use approval ratings as a yardstick. And I didn't choose the yardstick.
Since Bush ended up ( I believe ) having the lowest approval rating of any President, Obama is well positioned to match that at this rate. That's the LAST thing we need. Especially since Obama is spending money even HE admitted we don't have ( during his interview on the baseball game ), and his spending seems to be accelerating rather than plateauing or declining, and now he's trying to distract us by using the "I'm only going to tax the wealthy" diversion.
I can't believe you wanted to point that out how poorly Obama's approval rating is shaping up, but you did. It made no sense to me. "
Raven wrote on Jul 20, 2009 8:50 AM:
While it is incumbent upon the applicant to be truthful, isn't it incumbent upon the financial institution to verify? Your source for the statement you attribute to Obama is where? "
XMAN wrote on Jul 20, 2009 10:40 AM:
"Mr. President, this week Fannie Mae's regulator reported that the company's quarterly reports of profit growth over the past few years were "illusions deliberately and systematically created" by the company's senior management, which resulted in a $10.6 billion accounting scandal.
The Office of Federal Housing Enterprise Oversight's report goes on to say that Fannie Mae employees deliberately and intentionally manipulated financial reports to hit earnings targets in order to trigger bonuses for senior executives. In the case of Franklin Raines, Fannie Mae's former chief executive officer, OFHEO's report shows that over half of Mr. Raines' compensation for the 6 years through 2003 was directly tied to meeting earnings targets. The report of financial misconduct at Fannie Mae echoes the deeply troubling $5 billion profit restatement at Freddie Mac.
The OFHEO report also states that Fannie Mae used its political power to lobby Congress in an effort to interfere with the regulator's examination of the company's accounting problems. This report comes some weeks after Freddie Mac paid a record $3.8 million fine in a settlement with the Federal Election Commission and restated lobbying disclosure reports from 2004 to 2005. These are entities that have demonstrated over and over again that they are deeply in need of reform."
..... January 26, 2005
Unfortunately, the bill died in committee.
Any other statements quoted in my posts are also a matter of public record. "
glenroy wrote on Jul 21, 2009 5:54 AM:
It’s a remarkable thing to read lib denials, not just Freddie and Fannie, Vietnam, Iran, Iraq, our energy dependence etc.…. Policies that are so obviously detrimental to our well being, especially the wage earners living pay check to pay check… yet libs deny bills they’ve written, bills they’ve passed, bills they’ve kept from getting out of committee to a floor vote…and even our written history…. ‘there are no blind men like those who will not see.’
Keep up the good work….. "
glenroy wrote on Jul 21, 2009 8:48 AM:
Clinton’s cover-up(s) dwarfed Watergate…. multiple perjuries, witness/evidence tampering…. obstruction of justice...remember?
History shows liberal hypocrisy knows no bounds, gladly living in disgrace, just keep the government checks rolling.
It's their lingering memories that keeps killing us...In the 70s they portrayed the Ayatollah the 'Islamic' Angel, claimed Iran's new era of freedom, problem was they forgot to the Angel….seeing this from the inside opened my eyes to the mindless rhetoric of the left, the ultimate consequences we are dealing with today.…remember?
Prior to the Iran… libs claimed the Viet Cong were independent nationalists, weren’t Soviet puppets, would maintain free/fair press/elections…remember?
Libs also claimed there wouldn’t be a slaughter after the fall…. 2 perhaps 3 million innocent civilians were slaughtered….don't remember that do you?
The Freddie/Fannie failure is the lone consequence of liberal ineptitude, all but one of the half dozen Wall Street failures were managed by DNC heavy hitters…..libs blocked several bipartisan attempts to resolve this matter before in ruined our economy, which of course seems almost inevitable when libs manage things. This is the greatest scam every committed, resulting in a world wide recession.… research the media coverage time on Freddie/Fannie compared to Enron….then tell us there isn’t a bias. Billions ended up in liberal wallets, several times the amounts involved with Enron…yet the media gave less than 3 seconds coverage for every minute given Enron!
….until we start developing our domestic energy, which we have an abundance, we’ll not likely see the sun shine on our economy in our lifetime…..libs just killed any prospect of with their latest scam ‘Comprehensive Energy’…they're the best at killing us. "
hawkins707 wrote on Jul 21, 2009 9:06 AM:
pinotnut wrote on Jul 22, 2009 9:35 AM:
luv1mom wrote on Jul 22, 2009 2:36 PM:
glenroy wrote on Jul 22, 2009 6:42 PM:
“Ms. Clark, George W. Bush was a very VERY bad choice for our country. We are where we are because of 8 years of Bush. "“ end quote
A matter of a poorly formed opinion, and that‘s not opinion that‘s a FACT. The facts are that more people died during Clinton’s 8 years in office than during President Bush’s terms. The facts are Clinton forced his cronies into the top management positions in Freddie Mac and Fannie Mae and together they decided to give away trillions of dollars to those who couldn’t or wouldn’t repay their loans, while these Democrats made off with a least a billion dollars in salaries, bonuses and inflated stock options which were sold in violation of any number of federal statutes, including fraud and insider trading.
The facts are liberal Democrats with a smattering of a few Republicans have over the last 30 years blocked at least a dozen bipartisan attempts to develop our abundant energy reserves….that started the recession….Freddie and Fannie started our depression, and Democrats have made personal fortunes at our expense while they destroyed our economy.
We may be where we are today thanks to President Bush….but had Democrats not blocked bipartisan efforts to restructure Freddie and Fannie, had we moved forward with domestic energy developed, instead of this ridiculous, pathetic, cap and trade….we’d be a whole lot better off today than we are, and that’s President Bush’s fault according to Democrats….his fault for being unable to stop Democrats from implementing their policies which are ruining this country. "
Calagrret wrote on Jul 22, 2009 9:18 PM:
Enough facts???? No inuendo here.
Tomorrow is the 40th anniversary of the first walk on the moon. That was accomplished under a Democratic administration.
Just to set the record straight: Nixon was President at the time of the Apollo 11 Moon landing. NASA was first authorized and funded by the Eisenhower administration. The Manned Space Program flourished under the Kennedy and Johnson administrations...but Democratic Senator Walter Mondale tried to kill the program following the Apollo 1 fire.
Just wanting to keep the facts straight. "
kevin wrote on Jul 22, 2009 9:55 PM:
You're right!
Thank you, President Bush! "
luv1mom wrote on Jul 23, 2009 11:04 AM:
Poohmama wrote on Jul 23, 2009 12:43 PM:
luv1mom wrote on Jul 23, 2009 2:07 PM:
Mr4 wrote on Jul 23, 2009 7:29 PM:
It has been projected that Obama's spending spree will produce a federal budget deficit of up to $23 trillion.
Simple math shows that to be a bill of more than $170,000 per taxpayer in America.
You better start saving!!!!!! "
Joe wrote on Jul 24, 2009 12:22 PM:
Blue dogs are conservative democrats in the house of representatives. They aren't republicans and probably are happy to have a democrat as president. "
Tinamac wrote on Jul 24, 2009 1:02 PM:
109823 wrote on Jul 24, 2009 3:23 PM:
glenroy wrote on Jul 25, 2009 12:06 PM:
Reailty is without our taxes...they'd be homeless. "
Raven wrote on Jul 26, 2009 11:00 PM:
as for the GOP and the moon...NASA was born from NACA, ....National Advisory Committee for Aeronautics (NACA) provided advice and carried out much of the cutting-edge research in aeronautics in the United States. Modeled on the British Advisory Committee for Aeronautics, the advisory committee was created by President Woodrow Wilson in an effort to organize American aeronautical research and raise it to the level of European aviation.
NACA ceased to exist on October 1, 1958. It was succeeded by the National Aeronautics and Space Administration (NASA), which was formed largely in response to Soviet space achievements. NACA became the nucleus of the new agency, and all NACA activities and facilities were folded into NASA.
As for the moon, all Nixon did was be president during 8 months of 69, the planning and decisions had already been made before he took office. His primary contribution was signing the plaque on the leg of the lunar lander, and calling the astronauts after the landed (not to mention a silly pic of him looking at them in the isolation trailer after they landed)....taking the credit for the work of years since Kennedy's announcement of the goal to reach the moon. "