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Wednesday, October 08, 2008

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Damn. Can't someone get a list of cash disbursements or grants made by the Annenberg Challenge? It would be enlightening to see how Obama and Ayers divvied up the $50 Million or was it $100 Million. Then Obama would have to explain and defend why and how and who got most of the booty.

You know non-profits must file annual reports. The reports might include lists of the biggest recipients.

All of this is very damning, but unfortunately, it seems to be over the heads of most voters, who probably consider it too complicated and even trivial. That Ayers and Dohrn helped launch Obama's political career should be enough, if McCain has the heart to drive the point home, and if voters are open-minded enough at this point to listen.

Guess Sarah Palin agrees with us. On Hannity tonight she had some very pertinent comments about the Senator and his compatriots. She is concerned about "who he is and where he wants to lead this county."

I heard that John McCain and Sarah Palin are members of a radical extremist organization known as the Republican Party. This is one of the most corrupt, dangerous, and destructive cults in the world.

From dan's link above:

"From the October 1996 Update of the DSA 'New Party':
"New Party members are busy knocking on doors, hammering down lawn signs, and phoning voters to support NP candidates this fall. Here are some of our key races...

Illinois: Three NP-members won Democratic primaries last Spring and face off against Republican opponents on election day: Danny Davis (U.S. House), Barack Obama (State Senate) and Patricia Martin (Cook County Judiciary).""

I heard the Jasper is a troll!

"This is one of the most corrupt, dangerous, and destructive cults in the world."

Indeed. Problem is, democrats are even worse.

It's weird. I mean if Obama really is corrupt, and has taken all this money where is it exactly? In his bank account? The man and his family own 1 car and 1 house. His financial records are public, in terms of amount of assets. Where is he hiding this magical stolen money? Is it this difficult for internet wingnuts to imagine a black man can be successful without resorting to some devious crime?

Tonight's letter from the Senator O's camp is from Joe Biden. It is a very sad letter indeed which I am frankly surprised that Joe Biden would put his name on. The ineresting part is the fact that they ask for money in four places, supplying four links, the most links ever.

The tone of the letter is that McCain and Palin are sort of nuts and they need the money to combat their outrageous lies and slanderous accusations.

very interesting.

I can confirm that the cold chill that Cindy McCain was talking about yesterday was her body craving her PILLS. She's almost as pathetic as that angry little geezer.

I was thinking about the Obama-Ayers connection this morning, and the thought occurred:

If they're just "passing friends," as Obama asserts, how did a "just passing friend" find it in his heart to give you control over $50 million to pass out?

I've never had such a "passing friend" in my experience. It's a real stretch of the imagination to think "someone in my neighborhood" would give me $50 million to dole out, without having a little more of a tie than the neighborhood.

Just my $0.02, which is a LOT less than $50 million...

"--- if McCain has the heart to drive the point home, and if voters are open-minded enough at this point to listen. ---"

Two problems, that is:

(a) McCain is probably at a point where he is just going through the motions, and is tossing the election to Obama.

(b) Most of the voters are pretty well decided on who they will vote for, and nothing short of a sex scandal involving gay dwarves, copious amounts of drugs, and smuggled assault rifles will re-rail them from their choices. Especially where Obama's voters are concerned, the bulk of whom seem to have surrendered their brains to the wandering horde of Democratic Party zombies:

http://www.youtube.com/watch?v=4a6YdNmK77k

That said

Ok so you say Obama has connections to radicals and criminals...what about John McCain he has his own set of radical/criminal connections to people like John Hagee, G. Gordon Liddy and Charles Keating. McCain says it's about judgment...what about his judgment?

Wait Seek...are you calling Obama a voodoo priest? Sounds racist to me.

"nothing short of a sex scandal involving gay dwarves, copious amounts of drugs, and smuggled assault rifles will re-rail them from their choices."

Wasn't Ted Haggard in that movie? This is before he was 'cured' of course.

"--- Wait Seek...are you calling Obama a voodoo priest? Sounds racist to me. ---"

No, Bob Hope might be though. Watch the movie I linked, and see for yerself.

And then decide if you want to exhume Mr. Hope's bones and put them on trial for hate crimes and racism.

seek, chris can't go to your link. chris doesn't know how.

In an odd way the charge of Racism where none exists is very freeing. If you know, no matter what you say that is negative will be construed as racism, well then, you can say anything you want now. So really, have at it folks, say all the negative stuff you want, they've inoculated the word "racism" and they don't even know it.

"Ok so you say Obama has connections to radicals and criminals...what about John McCain he has his own set of radical/criminal connections to people like John Hagee, G. Gordon Liddy and Charles Keating."

Did John McCain spend twenty years clapping and cheering in Hagee's church, praise Hagee in his two books, and then proclaim that Hagee was his spiritual advisor and mentor?

Did John McCain meet G. Gordon Liddy in college, launch his political career in Liddy's living room, then serve on boards of multiple foundations with Liddy that channeled hundreds of millions of dollars to teach Liddy's ideology to public school students?

Did John McCain not only fail to repudiate Charles Keating, but hire him on as a campaign advisor while insisting that Keating did nothing wrong and that Keating's ties to innumerable other Congresspersons didn't need to be investigated?

Because Obama did all of that with Jeremiah Wright, Bill Ayers, and Franklin Raines/Jim Johnson/Fannie Mae/Freddie Mac.

Can you explain, Spartan, why Barack Obama, who claims to be "post-racial", went to a church for twenty years in which white people were regularly vilified and which honored anti-Semitic organizations, as well as giving hundreds of millions of dollars to educational organizations controlled by a man who believed that all white people were evil and that white babies were "pigs" and should be put in the garbage?

Can you explain, Spartan, why Barack Obama, who claims subprime mortgage lenders were predatory people who set out to destroy minorities, employs one, Penny Pritzker, as head of his campaign finances -- and why he supports the fact that her behavior cost hundreds of depositors in the bank she destroyed thousands of dollars?

Of course not.

Oh, and I forgot one: can you explain why Barack Obama, who screams that anyone who took money from Fannie Mae on McCain's staff is proven by that fact to be corrupt and evil, HIMSELF received over a hundred thousand dollars from Fannie Mae, the second highest amount of any Senator?

I do know that McCain considers Liddy a close personal friend and has received donations from him and used his radio show as a campaign stop along with having fundraisers at Liddy's home. Liddy is an equally unrepentant terrorist who advocated violence against anti-war protesters, the press and US law enforcement. McCain has never repudiated these acts as Obama has done about the acts of Ayers.

McCain sought out Hagee (a virulent anti-catholic) for his endorsement and has never repudiated his hate filled speech as Obama has done with Wright.

So it looks as though Obama is at least willing to accept responsibility and denounce the actions of these people, whereas McCain will not.

The guilt by association game is an easy one to play.

McCain supported (and was supported by) an illegal organization that attempted to overthrow sovereign governments in south america, yet this has never come into question.


People are starting to even question if the financial crisis is indeed real.

Who are those people, mary? The voices in your head, perhaps?

No Chris, they are all over malkin's blog comments.

At this point, with a country going belly up, normal people are starting to ask "where is all this money going?"

"--- People are starting to even question if the financial crisis is indeed real. ---"

Well, it certainly has more than its fair share of anomalies.

The Dow and Nikkei are both racing to sub-10,000 lows (the Dow might break down into 8800-ish territory today if things really get jittery).

The S&P 500 is about to match the gold price/oz. which is considered by some to be a bit of a bad sign (while curiously, gold and silver prices have remained comparatively flat or even declining) -- gold and silver usually move inversely toward leading US stock indices. And this isn't just a one-day market hiccup, but has been a pattern now for the week going on two weeks.

Oil (both WTI and Brent) have been moving downward as well, although that is likely linked to demand destruction fears: people who have lost hunks of money or jobs typically don't engage in discretionary travel or spending.

Home heating oil will likely traverse or climb gradually for the next month or so until the cold sets in.

And Treasuries - particularly short term T-bills and intermediate-term notes seem to be losing slightly. Which leaves me to wondering if the money is simply cashing out of the system altogether -- banks are locking up every last bit of liquidity in spite of this disastrously executed "bailout bill" and yesterday's rate cuts.

It is as if banks are stockpiling cash in anticipation of extraordinary demands on reserves, institutional investors are panicking because of the deleveraging going on throughout the financial sector... and the common folks - the hoi polloi, as our elitist friend "chris" might say, are digging holes in their back yards to hide what little savings they do have. Or maxing out charge cards in hopes of some titanic debasement of the dollar (ha!)

I am beginning to think that to some extent, underlying market psychology is becoming completely unhinged, and potential for seriously crippling bank runs still loom large.

Meanwhile, in other sectors, things seem not to be so bad... at least among companies not so bound up by their leverage with the financials.

We'll have to see what the weeks after the election do - if things "suddenly and mysteriously" get better post-election day (especially if Obama wins) ... and we coast into a decent, if not stellar holiday market boost, then we can be pretty sure that this was at least in some part, an engineered crisis.

The country's going belly up? Grandpa McLame said that "the fundamentals of the economy are strong". I wouldn't worry. Gramps said everything's going to be just fine.

Chris, you don't know how to read. The articles "the" and "a" mean two different things in the English language.

When I said "a country going belly up" I was referring to Iceland. I know, it wasn't in today's talking points. But read a little, you might learn something.

"It is as if banks are stockpiling cash in anticipation of extraordinary demands on reserves"

Yep almost like they have a bunch of interns checking off each account in the bank "ok, we have Mrs Jones' 550 bucks now, let's go on to Mr. Smith, do we have him covered?"

The hedgies are in a panic. You can tell from apple stock.

Ohh, so you can 'read' but don't know how to look things up. You sound a bit, um, addled. Have you taken your pills?

Please tell us more about what the patriotic pinay's fans have to say.

"People are starting to even question if the financial crisis is indeed real.
Posted by: mary | Thursday, October 09, 2008 at 01:09 PM

Who are those people, mary? The voices in your head, perhaps?
Posted by: chris | Thursday, October 09, 2008 at 01:24 PM"

I'm one of those people, not so much, though, is it real but how severe it is.

"--- Yep almost like they have a bunch of interns checking off each account in the bank "ok, we have Mrs Jones' 550 bucks now, let's go on to Mr. Smith, do we have him covered?" ---"

In aggregate, all those Smiths and Jones could put quite a strain on the FDIC if there is a catastrophic cascade of bank and investment failures.

But I wasn't thinking so much of Mrs. Jones or Mr. Smith as much as I was thinking of small businesses and larger banking clients. Factor that in with the likelihood of poorly collateralised credit default swaps to fail in covering some or all the bad debt held by these banks... which ties in with the panic the hedge fund folks are feeling about now.

And down range, this would trickle down rather quickly to affect us wee folk in a number of unpleasant ways: when access to food, fuel, and shelter are brought into question, people get very anxious with very unpleasant results.

It is no small wonder then that NORTHCOM is redeploying brigade-strength units in full combat readiness back to the CONUS. They just might be needed to put down any insurrections that develop from a very sudden, unfortunate shift from a free market to a command economy under martial law.

"McCain sought out Hagee (a virulent anti-catholic) for his endorsement and has never repudiated his hate filled speech as Obama has done with Wright."

Sorry, Spartan, you lose.

http://www.huffingtonpost.com/2008/05/22/mccain-rejects-hagee-endo_n_103143.html

Furthermore, I asked you to explain, since you draw the moral equivalence, did John McCain meet G. Gordon Liddy in college, launch his political career in Liddy's living room, then serve on boards of multiple foundations with Liddy that channeled hundreds of millions of dollars to teach Liddy's ideology to public school students?

Not surprisingly, you dropped the attempted reference to Keating -- because you realized that Obama took hundreds of thousands of dollars from Fannie Mae and lied, claiming that he had never taken any money from them.

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