ANOTHER STEP TOWARD SOCIALISM

Obama took another big step toward socialism by pushing through the Senate his financial regulation bill last week.  It  authorizes the treasury to seize any financial company or bank  simply because, in his opinion, it's too big to fail or become insolvent. This power can be used for political retribution, pressure for campaign funding, or for any other abuse that the bureaucrats or liberal dems can think of.

And the bill fails to do the one thing it must do: regulate derivatives and make them transparent...thanks to our buddy Chris Dodd, one of the major Dumbocrat architects of the housing bust, who paid back his pals on Wall Street by deleting that particular regulatory provision and instead setting up a commission to study the situation for two years!  WTF!

Four Republicans sold out IN ORDER FOR THIS TO PASS.  Among the RINOs were Susan Collins and Olympia Snow of Maine. But, surprisingly, Scott Brown, R-Mass., the newly elected Massachusetts Miracle, defected, as did the normally stalwart Chuck Grassley, R-Iowa. What's with these northeastern poliyicians?  Do the long, harsh winters up there affect their brain cells?  And what's with Scott Brown??  The good news with him is that a Republican won Ted Kennedy's fat-ass seat; the bad news is that he is acting like Ted Kennedy.   Double WTF!

Now the federal government has effectively taken over about one third of our national economy by passing Obamacare and regulatory reform in almost the same breath.  And I'm sure there is more to come before the November elections!

People...you better start learning the words to "Mmm, Mmm, Mmm Barack Hussein Obama" cuz soon every school kid in the nation will be required to sing it at the start of the school day, and before all sporting events, instead of the National Anthem! 
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WAR CASUALTIES AND MEDIA HYPOCRISY...NEED MORE PROOF?

1,000 Afghan Deaths… Now Will Someone Notice Obama’s Number?
By Peter Andrew

Excerpts from Conservative American News & Views.  To read entire article go to:
http://conservativeamerican.org/dems-libs-socialists/dems-libs-socialists-obama/1000-afghan-deaths-now-will-someone-notice-obamas-number/

I’m still going to ask why it was such a huge story when George W. Bush hit “500″ military deaths, and “1,000″ military deaths and on and on? Couric-BS News used to run nightly stories of deaths. The New York Times had huge coverage when the “Bush Death Count” hit 500...and 1,000.

True to the hypocrisy you can count on from the left, the deaths of these brave men and women are just not important now that Bush is out. The point of the news was never the deaths. It was never meant to tell you about the brave men and women fighting for this great nation. It was all designed to create Viet-Nam-like images in your mind so that Bush could be defeated. Is that too harsh? I don’t think so!

The Obama Death Count topped 500 on February 13th and all you get is silence from the LIBERAL MEDIA.  The President who promised to end the wars and bring all of our troops home now has more than 515 soldier deaths under his command...another lie from the LIAR-IN-CHIEF.  So  we fairly ask where are the Obama Death Counts? Hmmmm?  We know the answer. They don’t exist...or they get "buried" inside the newspapers.  This is blazing hypocrisy on the part of liberals, progressives, democrats, so-called journalists at major news organizations, and faux anti-war protesters.

Here's an example:  (STORY "BURIED" ON P-14)

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NY Times: Grim Milestone: 1,000 Americans Dead
Wednesday, 19 May 2010

Tuesday marked 1,000 Americans dead in Afghanistan. It took almost seven years for the war to kill the first 500 but less than two to kill the second 500.
Last fall President Obama ordered a troop increase, with the bulk of the troops expected to be in place by this summer. The increase in troops will certainly lead to an increase in casualties, both American and Afghan.
READ THIS STORY AT NYTIMES.COM
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QUOTE OF THE DAY....SO TRUE, SO TRUE!

               "Many Americans feel that their elected representatives are not representing us, but instead are imposing their will upon us, whether we like it or not."
                                                                       ........Ron Schmeits, President, NRA
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OBAMA CONTINUES PUMPING OUR MONEY INTO "FANNY & FREDDIE" WITHOUT REFORMING IT!

The New York Times noted yesterday (May, 11):


“Fannie Mae’s request on Monday for another $8.4 billion in federal aid comes at a politically inconvenient time for the Obama administration, which is pressing to pass sweeping financial legislation without resolving the company’s future…. Democrats want to defer an overhaul of federal housing policy until next year, after the midterm elections. But Republicans have seized on the continuing losses to argue that a plan for the two companies should be a priority of the current legislation.”


Republicans have been pressing for an end to bailouts that would get the government out of the mortgage business once and for all. But Democrats are not only unwilling to reform Fannie and Freddie, they are doubling down on the failed government mortgage companies – burning through hundreds of billions of taxpayer dollars in the process. As the Washington Post noted in a report yesterday: “Under the terms of the government's 2008 emergency takeover of Fannie and Freddie, the Treasury must pump money into either firm whenever its worth, as measured by assets minus liabilities, goes into the red. Late last year, the Obama administration pledged unlimited backing.”


For years, Republicans raised red flags about Fannie and Freddie’s financial condition and proposed responsible reforms only to be thwarted by Democrats who have deep political ties to the worst offenders. These same powerful Democrats are now pushing for a financial reform bill that doesn’t even address the need to fix these government mortgage companies. As the Wall Street Journal wrote last week, “reforming the financial system without fixing Fannie and Freddie is like declaring a war on terror and ignoring al Qaeda.”
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MORE PROOF OF THE OUTSTANDING JOB THAT FRANKLIN RAINES DID IN RUNNING FNMA

NEWS FLASH!!!


(Reuters) - Fannie Mae, the largest U.S. residential mortgage provider, on Monday reported a net loss of $13.1 billion in the first quarter and said it tapped the Treasury for additional aid of $15.3 billion.


Its regulator, the Federal Housing Finance Agency, has asked for $8.4 billion more before June 30 from the Treasury for Fannie Mae to eliminate its net worth deficit as of March 31. With that draw, Fannie Mae will have received $84.6 billion in federal aid.


The company said it expects default rates and credit-related costs to remain heightened this year with housing still weak, saying there is "significant uncertainty as to our long-term financial sustainability."


HEY FRANKLIN...WHY DON'T YOU GIVE BACK THAT $90 MILLION IN BONUSES YOU GOT (FOR COOKING THE BOOKS) INSTEAD OF EXPECTING AMERICAN TAXPAYERS FOR THE BAILOUT??? 


I wish somebody in the media would ask him that question.  And also ask BO to please explain this one.  Or Barney Frank, Chris Dodd and Jamie Gorelick.
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WSJ SAYS THAT UNCLE SAM HAS TURNED INTO JABBA THE HUT

"The most enduring myth in American life is that many people still think Uncle Sam is the lean, mean dude in the "I Want You!" World War II posters. In fact, after about 100 years of chowing down responsibilities, Uncle has inflated into something as big, powerful and sloppy as Jabba the Hut, a fat guy who can barely move." .......WSJ : May 6, 2010     
   

For the full story go to:      http://online.wsj.com/article/SB10001424052748703961104575226330763176688.html
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EXAMPLE OF SELF-PROCLAIMED DEMOCRATIC INTELLIGENCE

If this moron comes from "intelligence," then we must be living in a galaxy of retarded troglodytes.  What an idiotic Democratic knuckle-dragger!

 Apparently, to him,  car bombs, violent illegal alien protests and Islamic promises to kill Americans are far less dangerous than kids and granny holding up signs  about taxes.



No, Rep. Carson, protestors are not a threat; Politicians like you and their brain dead bureaucrats are. To have to address morons like you as "Congressman" is an insult to my intelligence.
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