Being a citizen is a full-time job. If we wish to reclaim our rights, we first must begin by reclaiming our responsibilities. Rights and responsibilities are inextricably linked and cannot be separated.
This video was published first I saw on August 3, 2008 -- Before the election. Did one media type ask him about it?
Obama plans to disarm America and stop military technological advances. Our military is what keeps us safe and we are the country the world depends on to keep them safe. Without our technological advantages we won't be able to defend ourselves or our allies. Our military needs to keep ahead of the rest of the world if the free world is to remain free.
Reagan always said, 'peace through strength'. Comrade Obama says, who needs arms. Who would make a wierd video like this, what would be it's purpose?
UPDATE: Bumped from times gone by, because Barney's Fwank is now attacking Republicans and capitalism as the cause of the mortgage crisis. Everybody knows it's giving loans to people who could not pay that is at the root cause. It starts with Jimmy Carter's Community Reinvestment Act CRA of 1977. That Investment, liberal style.
The root cause of the crisis is the housing foreclosure crisis, and what caused that, loans to unqualified individuals, loans made by the Government Sponsored Enterprises(GSE) Fannie MAe and Freddie Mac. Yes, the federal government forced home mortgage loans to be made to people who had no means to pay them back, that's what a sub-prime mortgage is. People who had no stake in America, people who were here illegally. As interest rates climbed, gas prices rose, food prices rose, the party ended.
And what forced the demands for unqualified loans, Pres Jimmy Carter's Community Reinvestment Act (CRA) of 1977. Who was the enforcer of the CRA, that would be people like Barack Obama, your helpful Community Organizer from the voter fraud group ACORN.
Among the Congressional “leaders” invited to the White House to devise a bailout “solution” are the very people who have for years created the risks that have now come home to roost.
Five years ago, Barney Frank vouched for the “soundness” of Fannie Mae and Freddie Mac, and said “I do not see” any “possibility of serious financial losses to the treasury.”
Moreover, he said that the federal government has “probably done too little rather than too much to push them to meet the goals of affordable housing.”
Earlier this year, Senator Christopher Dodd praised Fannie Mae and Freddie Mac for “riding to the rescue” when other financial institutions were cutting back on mortgage loans. He too said that they “need to do more” to help subprime borrowers get better loans.
In other words, Congressman Frank and Senator Dodd wanted the government to push financial institutions to lend to people they would not lend to otherwise, because of the risk of default.
And that folks, is the root of the current financial crisis. So what is to be done. We have a data point:
Here is a short video of one of the hearings in 2004 where the Fannie Mae and Freddie Mac regulator was explaing that Fannie and Freddie were going out of control with bad paper. Demcorats in their own words.
Obamunsim doesn't fail, it just runs out of other people's money to give away. America's first principles freedom, liberty and self-reliance will never fail.
A really lively exchange with the Senator Menendez, whose face resembles a glazed fruit cupcake. Hey I don't know why, but it is what occurs to me when I see him and his round little face. Neil really got in his face and wouldn't let go. The Sen doesn't do math, doesn't do truth, doesn't do very well with real questions. Neil was right on all points, which is probably what prompted the meltdown of Sen Menendez.
Almost excatly half of America's electricity comes from coal burning power plants.
Coal is also quite useful for transport fuel, no not the steam engine trains, but automobiles. Did you know that during WWII Germany ran their entire war machine on coal? Yep, sure did, airplanes ships, tanks all of it -- Using the Fisher-Tropsch process, often called coal-to-liquids, developed in the 1920s. It yields gasoline and diesel at $30-$40 per barrel oil equivalent.
The USA has about 27% of the world's coal resource.
In another clip from the same January 2008 interview with the San Francisco Chronicle in which Barack Obama promised to bankrupt anyone foolish enough to build coal-burning power plants, he also made an interesting admission about his entire energy plan. Obama told the editors that his policies would make energy prices “skyrocket” as the energy industry passed along the exorbitant costs of his cap-and-trade policy:
Transcript:
The problem is not technical, uh, and the problem is not mastery of the legislative intricacies of Washington. The problem is, uh, can you get the American people to say, “This is really important,” and force their representatives to do the right thing? That requires mobilizing a citizenry. That requires them understanding what is at stake. Uh, and climate change is a great example.
You know, when I was asked earlier about the issue of coal, uh, you know — Under my plan of a cap and trade system, electricity rates would necessarily skyrocket. Even regardless of what I say about whether coal is good or bad. Because I’m capping greenhouse gases, coal power plants, you know, natural gas, you name it — whatever the plants were, whatever the industry was, uh, they would have to retrofit their operations. That will cost money. They will pass that money on to consumers.
They — you — you can already see what the arguments will be during the general election. People will say, “Ah, Obama and Al Gore, these folks, they’re going to destroy the economy, this is going to cost us eight trillion dollars,” or whatever their number is. Um, if you can’t persuade the American people that yes, there is going to be some increase in electricity rates on the front end, but that over the long term, because of combinations of more efficient energy usage, changing lightbulbs and more efficient appliance, but also technology improving how we can produce clean energy, the economy would benefit.
If we can’t make that argument persuasively enough, you — you, uh, can be Lyndon Johnson, you can be the master of Washington. You’re not going to get that done.
Skyrocketing energy prices will destroy the USA's economy.
What I’ve said is that we would put a cap and trade system in place that is as aggressive, if not more aggressive, than anybody else’s out there.
I was the first to call for a 100% auction on the cap and trade system, which means that every unit of carbon or greenhouse gases emitted would be charged to the polluter. That will create a market in which whatever technologies are out there that are being presented, whatever power plants that are being built, that they would have to meet the rigors of that market and the ratcheted down caps that are being placed, imposed every year.
So if somebody wants to build a coal-powered plant, they can; it’s just that it will bankrupt them because they’re going to be charged a huge sum for all that greenhouse gas that’s being emitted.
That will also generate billions of dollars that we can invest in solar, wind, biodiesel and other alternative energy approaches.
The only thing I’ve said with respect to coal, I haven’t been some coal booster. What I have said is that for us to take coal off the table as a ideological matter as opposed to saying if technology allows us to use coal in a clean way, we should pursue it.
So if somebody wants to build a coal-powered plant, they can.
It’s just that it will bankrupt them.
End transcript.
Obama is just a crazy squirrel pushing fairy tale voodoo economics and hallucinogenic drug induced world visions. How else can you explain this nonsense.
My guess, why the sudden switch? Bill Ayers book, Pairire Fire, the weathermen's communist manifesto, dedication to assassin Sirhan Sirhan, Bobby's relatives didn't like that one bit, would you?
Don't endorse "The naive One"tm, you are out of here. That sounds about right.
Reporters from three newspapers that endorsed John McCain have reportedly been told that they can't travel aboard Barack Obama's plane in the final days leading before Election Day. ... The Washington Times reported Friday that it was notified of the Obama campaign's decision Thursday evening -- even though the paper has covered Obama from the start.
Executive Editor John Solomon told FOXNews.com that the Obama campaign said it didn't have enough seats on the plane, but "I don't think the explanation makes sense to us." ... The New York Post and Dallas Morning News also have been kicked off Obama's plane, according to the Web site The Drudge Report. It said the three reporters were told to find alternative transportation by Sunday so that the plane could accommodate "network bigwigs" and reporters from two black magazines, Essence and Jet.
Ask slow Joe Biden an uncomfortable question? You're out. Don't endorse Obama? You're out.
An odd mix of authoritarianism and fragility on display here.
Michelle Obama apparently takes a dim view of the notion that a ising tide lifts all ships:
Most Americans, she said, don't want much.
"They don't want the whole pie," she told the women. "There are some who do, but most Americans feel blessed just being able to thrive a little bit. But that is becoming even more out of reach."...
"If we don't wake up as a nation with a new kind of leadership...for how we want this country to work, then we won't get universal health care," she said.
"The truth is, in order to get things like universal health care and a revamped education system, then someone is going to have to give up a piece of their pie so that someone else can have more."
Give up a piece of their pie, or is Michelle going to take it away? Either way, it's pretty clear that our aspiring first lady's appreciation of economics is about as deep as her pride in America. And of course, it helps if you have a slumlord friend to help you get your piece of the pie. As long as everyone has a slumlord friend for such purposes, we all can have plenty of pie!
Unfortunately --- First they come with free pies, then they run out of bakers, then they run out of pies ... and come back with censorship ... and then they run out of patience ... and come back with coercion ... and then coercion doesn't work, they come back with gulags ... and when that fails, then assassinations.