jump to navigation

Vote Smarter October 12, 2008

Posted by truthspew in Uncategorized.
Tags: , ,
1 comment so far

These ads are great. They need to be picked up by the Obama campaign and it needs to go viral.

I think this is the election where the net will really show its power. McCain and his Luddite redneck crowd probably don’t even know what Google is.

Anyhow, I don’t have to say much since these videos say it all:

Oggi idiota della Lettera ai Editore: It’s Barney Frank’s Fault September 27, 2008

Posted by truthspew in Uncategorized.
Tags: , , , , , , ,
add a comment

In case you were wondering, the title is Today’s Idiotic Letter to the Editor.

If you read on a regular basis you know that occasionally I get my source material from reading letters to the editor in the Providence Journal.I still like that Philipe and Jorge of NewPaper (Now the Phoeniz) fame used to call it the Providence Urinal, then the Blo-Jo. I usually call it a newspaper not fit for the paper on which it is printed.

That said occasionally the folks at ProJo let slip a letter to the editor that comes from someone outside Rhode Island. Most of it is anti-Democrat, anti-Liberal, anti-Homosexual, and other screeds. For some reason the editors at ProJo like the use people from out of state because we Rhode Islanders, probably because they need to in order to get the opposing view because it sure as shit doesn’t exist in RI.

The letter is from a Mr. Rick Cannon. I usually google search the names when I see an out of state letter bashing something. And I found Mr. Cannon’s LinkedIn account. Seems our writer is a pharma guy, which would explain how that makes him an expert in economic matters. Otherwise he has a fairly light web presence.

Rick Cannon: Bad loans, Barney Frank caused meltdown

01:00 AM EDT on Saturday, September 27, 2008

While I was visiting Providence, I had the absolute misfortune of reading Froma Harrop’s Sept. 21 column (“McCain and the meltdown”). It read like a piece of creative fiction, leaving me to wonder if Ms. Harrop really was concerned with understanding the issue, or merely seeking to aid her favored candidate.

Froma Harrop is a regular neo-con target for stating the way things ought to be, but in this paragraph Cannon lays his cards on the table. He’s anti-Obama. This is going to be good.

She seems to have a fundamental lack of understanding about how Wall Street reached this point. The meltdown has been driven by an inordinate number of sub-prime mortgages as well as the risky practices of Fannie Mae and Freddie Mac. President Bush’s economic policies had nothing to do with this, nor did Phil Gramm.

Congress meddled in the mortgage market, pushing banks to issue a larger number of risky mortgages, using tools such as the Community Redevelopment Act, virtually requiring banks to take on questionable borrowers. Fannie Mae and Freddie Mac led the way in irresponsible lending, using their status as a Government Sponsored Entity (GSE) to give the impression of government backing for their loans — in essence, that the government wouldn’t let them fail.

Congress does not act at all except at the behest of the corporate interests. The banks knew precisely what they were going into here and don’t ever try to kid yourself that they didn’t. They rolled high before the bubble burst. Why it’s amazing that my bank offers 1/2% interest on checking!

But Cannon who works for pharma as a territory manager, and is more than likely familiar with the lobbying process knows that if banking, pharma, energy et al don’t like a bill, they employ armies of lobbyists. That’s probably part of Cannon’s job with Nutricia as a territory manager, or maybe he’s just a sales/marketing guy. Previously he worked for Bristol-Meyers Squib. He’s up to his neck in pharma.

So come out, come out Mr. Cannon. Do tell us what your real agenda happens to be.

And who protected this behavior? Congressional Democrats, most notably Barney Frank, who still defends his support for Fan and Fred despite the market turmoil they’ve helped create.

Congress — again, mainly congressional Democrats — browbeat banks and lenders, calling them to Washington in 2001 and 2002 to have them explain the lack of mortgages held by lower-income earners. In other words, Congress wanted to know why lenders weren’t loaning money to people who may not be qualified. Faced with this, lenders loosened standards.

Here’s where I call bullshit. Ever notice where the heaviest marketing of credit cards occurs? In low income areas. Wonder why our bankruptcy law now tilts toward corporations and not the debtor? Yep, they called in congressional favors.

Like I said earlier, the big banks would scream bloody murder if they were forced to take losses. But they accepted it because they knew two things.

The banks as I mentioned earlier are all about making money. And think about it, the real estate market imploded but who was left holding the assets? The banks. Of course I think that ultimately greed results in economic ruin. It always does and we’re seeing it come home to roost right now.

They also knew, or at least thought they new that when the excrement started hitting the fan, the Fed would bail them out.

So here we have it, a net transference of wealth and property. Tell me where the money went and you get a cookie.

But it most certainly was NOT because of Barney Frank.

One of the groups leading the charge against the lenders was ACORN, a favored interest group of Democrats.

Ms. Harrop’s policy prescriptions are no better. The Great Depression earned its name because it lasted so long. It did so because of the heavy-handed policies of the government, much like the ones Barack Obama is proposing now and Ms. Harrop seems to support.

And here we get to the meat of it. Mr. Cannon conveniently forgets that the party that lead us into the Great Depression was none other than his revered Republicans. Remember Herbert Hoover? Like Hoover, the policies of the Republicans that have controlled the house for the better part of twenty years gave us this mess.

It was Hoover by the way who ‘promoted government intervention under the rubric “economic modernization” ‘ aka the first public looting of the federal treasury.

But history, what’s that? I know Cannon is a younger man, probably in his early 30′s judging by his LinkedIn page so he can somewhat be forgiven for not knowing about the role of the Republicans in the first economic crisis. But he is capable of learning and so I would hope he realizes the error of hiw ways sooner than later.

Of course he neglects to mention his Republican credentials here. Honestly, if you’re going to write a good screed, at least have the common decency to tell us up front that you’re a neo-con Repug.

Perhaps if Ms. Harrop better understood the problem, she wouldn’t be so inclined to suggest such ridiculous “remedies.” For someone who accuses John McCain of not knowing much about economics, Ms. Harrop seems to suffer a paucity of economic knowledge herself.

RICK CANNON

Buffalo

I honestly don’t think McCain knows much of anything. I also have a pretty sharp hunch that McCain is in the early stages of dementia. Do we really want a demented old fool as President, one who is statistically likely to kick the bucket before his first term is out, leaving us with a soccer mom as President when the United States is teetering on the edge of the abyss?

For the past 20+ years we’ve seen horror show after horror show of the things brought to us by Republicans. Iran-Contra anyone? Illegal invasions, limited military actions, a military-industrial complex gone wild.

You’re an idiot Mr. Cannon. You are instructed to get some string and some card stock. You are to write on the card stock “Hello, my name is Rick Cannon and I’m an Idiot”. There’s your sign, wear your ignorance proudly.

The Real McCain: Why he shouldn’t be President August 10, 2008

Posted by truthspew in politics.
Tags: ,
2 comments

I’m not going to say too much on this one. I think the video does a good enough job of making McSame look like the bumbling old fool that he is.

Actually I think will say a little bit about it. McCain strikes me as an evil old man. Imagine a hawkish version of Ronald Reagan and you get what I’m saying here.

But I also see serious signs of mental decline in McCain. He’s definitely lost his short term memory. Do we really want someone in office that maybe six months in will be a total basket case?

I’ve often though that the rules on who can run for president should be changed. Maybe put an upper limit of 65 on the office. The requirements are that you reach the age of 35 when you start your term as President of the United States. I think a 30 year span would be sufficient.

The whole Obama v. McCain thing August 6, 2008

Posted by truthspew in Uncategorized.
Tags: , ,
3 comments

It’s getting into the ridiculous category now. McCain is just making a complete and utter ass of himself with his stupid attacks on Obama.

And I’m happy that Obama is firing it right back at McCain.

Interestingly I’ve read a number of screeds from people who say Obama is too serious. Damn it that is what I want in a president, someone who IS serious about the job before him/her. And someone who is more serious about helping people than lining the pockets of his donors, since McSame’s energy plan is to quote Obama “…an early Christmas for the oil and gas industry.” to the tune of $4 Billion, not a bad payoff for investing $20 Million in the McSame campaign.


I am nerdier than 99% of all people. Are you a nerd? Click here to find out!

And as to my Nerd Score, like this is a surprise? I’m one point from being a god. Imagine that.

McCain hates Bloggers July 1, 2008

Posted by truthspew in politics.
Tags: , , , ,
1 comment so far

Wow, I’m surprised I didn’t come upon this earlier. McSame doesn’t like bloggers because we talk about the things he doesn’t want people to know about.

You know, things like his failure to pay the taxes on one of his California homes. Perhaps its the fact that he hasn’t pumped gas into a car in at least a century. Or maybe that he’s too damned old and ornery to be President of the United States of America.

The polls seem to have a widening gap between Obama and McBush. Lets hope that translates to a Democratic victory in November of this year. But as I’ve said before, even if McBush/McSame does get in, I think he’s going to have a strong Democratic majority in congress that will pretty much make him a lame duck.

But I hope it doesn’t have to happen that way. One thing that does concern me is Obama’s support for faith based initiatives. If there’s one thing that really worries me about letting those of faith administer our safety net programs its that along with the help, there’s that push to convert. I’m pretty resistant to it but it isn’t just the push. It’s the fact that if you don’t believe in their version of a god, they won’t help you.

Funny, I don’t recall it saying that in the Bible. You know what I’m talking about here, it makes no religious distinction about who you should help.

Obama does seem to be tacking right a bit, but I think he’s doing that to make the transition to the Democratic party easier for the southern bigotry.

McSame: Losing touch with reality June 9, 2008

Posted by truthspew in McSame.
Tags: ,
1 comment so far

Check out this video, particularly at 5:55 where McCain is asked at what point do you stop doing what you think is right and do with the American people think is right.

McCain responds with “Well again, I disagree with what the majority of the American people want…”

What McCain fails to realize is that video as usual has a long, long, long memory. Even Hillary Clinton knows about this now. I applaud her for finally suspending her campaign.

This video was produced by Ron Paul campaign supporters but I can honestly say that team Obama should definitely pick it up and run with it.

Four or more years of McCain would be disastrous for the United States. He’s shown time and again how he wants to trample our rights and opinions. Because that is precisely why McCain now has two new nicknames, McSame and McBush. It would be a continuation of bad foreign policy, bad public policy, just bad for all of us.

A New Challenge May 3, 2008

Posted by truthspew in Election 2008, politics, Uncategorized.
Tags: , ,
add a comment

Moveon.org has morphed into quite the force for political change in the U.S. It was born of the hearings into Clintons affairs with that chubby intern, Monica Lewinsky. We all know that the hearings were a Republican witch hunt but that’s beside the point. But MoveOn.org was a kick to get things moving in a different direction.

Now they’ve got the Bush-McCain challenge. It’ll present a series of statements to you and ask you if it was Bush, McCain or both who said it.

Bush


Bush
McCain

McCain
Bush & McCain

Bush & McCain

It’s really quite amusing that there isn’t really any difference between Bush and McCain. They’re both neo-con Republicans and we’ve seen what they can do over the last eight years.

If anyone votes for a Republican in the general election they really should have their heads examined because they’re certifiably crazy, stupid, or both. I suppose when you’re awash in money neither of those conditions matters to you, but it matters to the rest of us.

Coming apart at the seams April 9, 2008

Posted by truthspew in politics, religion.
Tags: , ,
add a comment

Would someone please explain to me why the Barack Obama’s former minister Jeremiah Wright story is a big deal, while John McCain’s pastor John Hagee openly advocates war against Iran for fulfillment of biblical prophesy and isn’t taken to task for his words. Bit of a double sword.

This is why I am so terrified of the ultra-religious, in essence they’ll start World War III just to support their own twisted world view. And Hagee isn’t the only one. I’ve mentioned before how my fathers pastor is guilty of using racist tracts. Charming people, I wish I had a daughter so I could forbid her to marry one.

But the shenanigans get really interesting.

Demonstrating how wildly out of the American religious and political mainstream Hagee’s views are, McCain’s acceptance of Hagee’s endorsement was condemned today by conservative William Donohue, president of the Catholic League. Calling Hagee a “bigot,” Donahue said the right-wing pastor has waged “an unrelenting war against the Catholic Church” by “calling it ‘The Great Whore,’ an ‘apostate church,’ the ‘anti-Christ,’ and a ‘false cult system.’”

Mr. Donahue, meet kettle. Kettle meet Bill Donahue. Yes, I know, Donahue is a bigot and he has the nerve to call another bat shit crazy preacher a bigot. At least Donahue is consistent, any attacks on the Papacy warrant his venom.

You all may remember Mr. Donahue, he’s the one who raises a ruckus about films that even hint that Catholicism might not be the right path to take. I found his defense of that whore Mother Theresa to be downright hilarious.

You remember Theresa right? The one who thought that suffering was the way to Christ? She took all that money that was donated and created an order of nuns who believe this crazy crap.

This whole thing is getting to be farcical now. I’m waiting for one of the other so called ‘Christians’ to come out with an end-times prophesy soon.

Obama on Clinton’s “Rocky” reference April 2, 2008

Posted by truthspew in Uncategorized.
Tags: , , , , ,
add a comment

Oh this is good. Of course there are comments that ask for more meat which they’ll get soon enough. It’s already obvious that Obama is a populist and a liberal and are we ever ready for that now.

He’s also the only candidate thus far who has reached to the grass roots and WE THE PEOPLE have funded the majority of his campaign. That is a very remarkable thing.

I also sense some party building going on whenever Obama speaks which is a good thing. The Democratic party has had years of defeats at the hands of the sleek Republican machine. But Howard Dean as DNC chair got out the vote and took the party back from people who are corporate whores. I count Hillary Clinton as one of those whores.

Hopefully the Democratic party will re-invent itself to become the party of the people once more. This is the first year I didn’t disaffiliate after I voted the Democrat primary. I finally see the party going in the right direction.

Anyhow, he is the Obama campaigns response to Hillary Clinton saying she’ll never quit, like Rocky Balboa who instead loses to a black oponent.

It is also fun to watch the Republican spin machine come to a screaming halt as people wake up and realize they’ve been had.

by Mike Dorning

PHILADELPHIA — Barack Obama mocked rival Hillary Clinton this morning for comparing herself to the movie character Rocky Balboa as he offered Pennsylvania labor leaders a speech laden with red-meat economic populism.

Rocky

Clinton has made the theme song from the 1976 movie “Rocky,” which was set in Philadelphia, a part of the soundtrack of her Pennsylvania primary campaign. When she appeared before the same Pennsylvania AFL-CIO state convention a day earlier, she invoked the fictional working-class boxing hero to explain her determination to continue her campaign, declaring that, like Rocky, “I never quit.”

“There’s been some talk about Rocky Balboa over the last couple days. And you know we all love Rocky,” Obama told the labor leaders.

“But we got to remember Rocky was a movie,” Obama continued. “And so is the idea that someone can fight for working people and at the same time, embrace the broken system Washington, where corporate lobbyists use their clout to shape laws to their liking.”

Obama pounded away at corporate excesses and Republican economic policies.

“We’re ready to play offense for organized labor,” Obama said. “It’s time we had a President who didn’t choke saying the word “union.” A President who knows it’s the Department of Labor and not the Department of Management.

“Over the last seven years,” he said, “we’ve had an administration that serves the interests of the wealthy and the well-connected, no matter what the cost to working families, and to our economy.”

As he has elsewhere during his bus tour through Pennsylvania, Obama attacked $19 million in bonuses given to the two top executives of Countrywide Financial, a subprime mortgage lender that issues many loans now in foreclosure. The executives negotiated a sale of the company with losses to investors but the new owner, Banc of America Corp., recently revealed bonuses to the same executives.

“The system is broken – and over the weekend, we got a reminder of just how badly it’s broken,” Obama said, describing the bonuses. “That is an outrage. That’s not the America we believe in. It’s time to take on the special interests and level the playing field so that our economy works for working Americans.”

Obama pitched an economic agenda that includes middle-class tax cuts, a plan for universal access to health care, and stricter labor, environmental and safety provisions in trade agreements.

And he linked presumptive Republican nominee to the economic policies of the Bush Administration.

“John McCain said a few weeks ago that ‘the issue of economics is not something I’ve understood as well as I should’ – and that’s clear since all he’s offering is more of the same Bush policies that have put the American Dream out of reach for so many Americans,” Obama said.

Republican National Committee spokesman Alex Conant blasted Obama’s address as ““yet another example (of) an old-style, shifty political maneuver colliding with the empty rhetoric of his stump speech.”

Follow

Get every new post delivered to your Inbox.

Join 345 other followers