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Friday, September 19, 2008

Obama is a community organizer and the "community" is the USA



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The "Organizer's Toolbox"

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Obama wants to organize America into a socialist state. A liberal radical acorn community organizer held up to society as the answer to all our problems by the liberal media. ITS ALL A BIG LIE. Obama is a LIAR. He wants to take your freedoms from you and it is very in your face. He and acorn are really socialists and communists. They are traitors to this nation and will stop at nothing to take you freedom.
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The ACORN Obama knows
by Michelle Malkin

If you don’t know what ACORN (the Association of Community Organizations for Reform Now) is all about, you better bone up. This left-wing group takes in 40 percent of its revenues from American taxpayers — you and me — and has leveraged nearly four decades of government subsidies to fund affiliates that promote the welfare state and undermine capitalism and self-reliance, some of which have been implicated in perpetuating illegal immigration and encouraging voter fraud. A new whistleblower report from the Consumer Rights League documents how Chicago-based ACORN has commingled public tax dollars with political projects.

Who in Washington will fight to ensure that your money isn’t being spent on these radical activities?

Don’t bother asking Barack Obama. He cut his ideological teeth working with ACORN as a “community organizer” and legal representative. Naturally, ACORN’s political action committee has warmly endorsed his presidential candidacy. According to ACORN, Obama trained its Chicago members in leadership seminars; in turn, ACORN volunteers worked on his campaigns. Obama also sat on the boards of the Woods Fund and Joyce Foundation, both of which poured money into ACORN’s coffers. ACORN head Maude Hurd gushes that Obama is the candidate who “best understands and can affect change on the issues ACORN cares about” — like ensuring their massive pipeline to your hard-earned money.

Let’s take a closer look at the ACORN Obama knows.

Last July, ACORN settled the largest case of voter fraud in the history of Washington State. Seven ACORN workers had submitted nearly 2,000 bogus voter registration forms. According to case records, they flipped through phone books for names to use on the forms, including “Leon Spinks,” “Frekkie Magoal” and “Fruto Boy Crispila.” Three ACORN election hoaxers pleaded guilty in October. A King County prosecutor called ACORN’s criminal sabotage “an act of vandalism upon the voter rolls.”

The group’s vandalism on electoral integrity is systemic. ACORN has been implicated in similar voter fraud schemes in Missouri, Ohio and at least 12 other states. The Wall Street Journal noted: “In Ohio in 2004, a worker for one affiliate was given crack cocaine in exchange for fraudulent registrations that included underage voters, dead voters and pillars of the community named Mary Poppins, Dick Tracy and Jive Turkey. During a congressional hearing in Ohio in the aftermath of the 2004 election, officials from several counties in the state explained ACORN’s practice of dumping thousands of registration forms in their lap on the submission deadline, even though the forms had been collected months earlier.”

In March, Philadelphia elections officials accused the nonprofit advocacy group of filing fraudulent voter registrations in advance of the April 22nd Pennsylvania primary. The charges have been forwarded to the city district attorney’s office.

Under the guise of “consumer advocacy,” ACORN has lined its pockets. The Department of Housing and Urban Development funds hundreds, if not thousands, of left-wing “anti-poverty” groups across the country led by ACORN. Last October, HUD announced more than $44 million in new housing counseling grants to over 400 state and local efforts. The White House has increased funding for housing counseling by 150 percent since taking office in 2001, despite the role most of these recipients play as activist satellites of the Democratic Party. The AARP scored nearly $400,000 for training; the National Council of La Raza (”The Race”) scooped up more than $1.3 million; the National Urban League raked in nearly $1 million; and the ACORN Housing Corporation received more than $1.6 million.

As the Consumer Rights League points out in its new expose, the ACORN Housing Corporation has worked to obtain mortgages for illegal aliens in partnership with Citibank. It relies on undocumented income, “under the table” money, which may not be reported to the Internal Revenue Service. Moreover, the group’s “financial justice” operations attack lenders for “exotic” loans, while recommending 10-year interest-only loans (which deny equity to the buyer) and risky reverse mortgages. Whistleblower documents reveal internal discussions among the group that blur the lines between its tax-exempt housing work and its aggressive electioneering activities. The group appears to shake down corporate interests with relentless PR attacks, and then enters “no lobby” agreements with targeted corporations after receiving payment.

Republicans have largely looked the other way as ACORN has expanded its government-funded empire. But finally, a few conservative voices in Congress have called for investigation of the group’s apparent extortion schemes. This week, GOP Reps. Tom Feeney, Jeb Hensarling and Ed Royce called on Democrat Barney Frank, chair of the House Financial Services Committee, to convene a hearing to probe potential illegalities and abuse of taxpayer funds by ACORN’s management and minions alike.

Where does the candidate of Hope and Change — the candidate of Reform and New Politics — stand on the issue? Barack Obama, ACORN’s senator, is for more of the same old, same old subsidizing of far-left politics in the name of fighting for the poor while enriching ideological cronies. It’s the Chicago way.

Thursday, September 18, 2008

Fannie Mae, Freddie Mac execs now offering advice to Obama

Democratic opposition to change in the Fannie Mae and Freddie Mac regulatory structure that remained in place until the Treasury takeover. DEMOCRATIC OPPOSITION,
it seems is the reason millions are being lost. As evidenced by the failure to pass the Federal Housing Enterprise Regulatory Reform Act of 2005, the Democrats in Congress have repeatedly fought back Republican Party efforts to reform the two mortgage banking giants. Instead, Democrats in Congress have sought to preserve the quasi-governmental status of the mortgage giants, seeing Fannie Mae and Freddie Mac as places to locate former top Democratic Party operatives.

Crazy democrat liberals want your money and want more of it, just listen to obama and biden. Both want tax increases and control of your life. Only an IDIOT would vote for these liberals! The left has a fine crop of idiots and obama is feeding them pig waste. (Story Reports Comment)


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By Jerome R. Corsi


Fannie Mae headquarters in Washington, D.C.
NEW YORK – Campaign contributions from Fannie Mae and Freddie Mac made to Barack Obama may backfire if the Democratic presidential hopeful wages an aggressive campaign to cast blame on rival John McCain and the Republicans in Congress for the mortgage-related losses that forced the U.S. Treasury to take over the quasi-governmental mortgage giants.

A review of Federal Election Commission records back to 1989 reveals Obama in his three complete years in the Senate is the second largest recipient of Freddie Mac and Fannie Mae campaign contributions, behind only Sen. Christopher Dodd, D-Conn., the powerful chairman of the Senate banking committee. Dodd was first elected to the Senate in 1980.

According to OpenSecrets.com, from 1989 to 2008, Dodd received $165,400 in Fannie Mae and Freddie Mac campaign contributions, including contributions from PACs and individuals, followed by Obama, who received $126,349 in such contributions since being elected to the Senate in 2004.

In contrast, McCain warned of the coming mortgage crisis as he pressed in 2005 for regulatory reform of Fannie Mae and Freddie Mac.


"For years I have been concerned about the regulatory structure that governs Fannie Mae and Freddie Mac – known as government-sponsored entities or GSEs – and the sheer magnitude of these companies and the role they play in the housing market," McCain said on the floor of the Senate in 2005, speaking in favor of the Federal Housing Enterprise Regulatory Reform Act of 2005.

McCain pointed out Fannie Mae's regulator had stated 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 bill passed the House but was never brought up for a vote in the Senate, largely because of Democratic opposition to change in the Fannie Mae and Freddie Mac regulatory structure that remained in place until the Treasury takeover two weeks ago.

As evidenced by the failure to pass the Federal Housing Enterprise Regulatory Reform Act of 2005, the Democrats in Congress have repeatedly fought back Republican Party efforts to reform the two mortgage banking giants.

Instead, Democrats in Congress have sought to preserve the quasi-governmental status of the mortgage giants, seeing Fannie Mae and Freddie Mac as places to locate former top Democratic Party operatives, where they have earned millions in compensation, despite a continuing series of financial scandals. Enron-like accounting manipulation, for example, boosted earnings to a level at which massive executive bonuses could be paid.

In the aftermath of the U.S. government takeover, attention has focused on three Democrats with close ties to Obama who served as Fannie Mae executives: Franklin Raines, former Clinton administration budget director; James Johnson, former aide to Democratic Vice President Walter Mondale; and Jamie Gorelick, former Clinton administration deputy attorney general.

All three Obama-related executives earned millions in compensation from Fannie Mae.

Johnson earned $21 million in just his last year serving as Fannie Mae CEO from 1991 to 1998; Raines earned $90 million in his five years as Fannie Mae CEO, from 1999 to 2004; and Gorelick earned an estimated $26 million serving as vice chair of Fannie Mae from 1998 to 2003, according to author David Frum, a fellow at the American Enterprise Institute.

All three have been involved in mortgage-related financial scandals.

In 1998, according to the Washington Post, Gorelick, as Fannie Mae vice chairman, received a bonus of $779,625, despite a scandal in which employees falsified signatures on accounting transactions to manipulate books to meet 1998 earning targets. The moves, in turn, triggered multi-million-dollar bonuses for top executives.

Gorelick was embroiled in another controversy over an alleged conflict of interest when a 1995 memo she authored as deputy attorney general surfaced while she was a member of the 9/11 commission.

The memo, which became known as the "Gorelick Wall," appeared to establish barriers that barred federal anti-terrorist criminal investigators from accessing various federal records and databases that may have assisted them in their criminal investigations.

According to the Associated Press, Raines and several other Fannie Mae top executives were ordered in a civil lawsuit to pay nearly $31.4 million for manipulating Fannie Mae earnings over a period of six years to trigger their massive bonuses.

Raines was also forced in the settlement to give up Fannie Mae stock options valued at $15.6 million.

Last year, the Securities and Exchange Commission alleged Freddie Mac had engaged in accounting fraud from 2000 to 2002, imposing a $50 million fine on the company and on four executives fines for amounts ranging from $65,000 to $250,000.

Raines currently advises Obama on housing policy.

Johnson was appointed to head Obama's vice presidential selection committee, until a controversy concerning an alleged $7 millions in questionable real estate loans he received on favorable terms from failed sub-prime mortgage lender Countrywide Financial surfaced and forced him to step down.

WND previously reported a panel chaired by Elena Kagan, dean and professor of law at Harvard Law School, speculated at the June two-day meeting of the American Constitution Society that Gorelick was a possible attorney general cabinet appointment if Obama should be elected president.

The decision by the U.S. Treasury to take over Freddie Mac and Fannie Mae could end up costing the U.S. taxpayer as much as $100 billion, although the extent of losses at the two giant mortgage companies remains to be determined.

According to the Wall Street Journal, Freddie and Fannie own or guarantee about $5.2 trillion worth of mortgages.

The riskiest loans held by Freddie and Fannie are known as "Alt-A" and sub-prime mortgages, worth about $780 billion, or about 15 percent of the total portfolio.

The federal government takeover of Freddie and Fannie passes to U.S. taxpayers the contingent liability for failures in the entire $5.2 trillion loan portfolio held by the two mortgage giants.

Over the past four quarters, Freddie and Fannie have suffered losses of about $14 billion, as the mortgage market has been hit by a wave of defaults and foreclosures not seen in the U.S. since the 1930s.

Tuesday, September 9, 2008

McCain's broken marriage and fractured Reagan friendship


John McCain in an undated family photo with his wife Carol, Doug, Andy, and daughter Sidney.
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I agree this guy is a scum bag but obama is a socialist scum bag which is worse. Cindy Hensley was right, 'This guy's kind of weird.'
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The nature and timing of his divorce from Carol Shepp alienated key friends -- and his version doesn't always match that in court documents.
By Richard A. Serrano and Ralph Vartabedian, Los Angeles Times Staff Writers
July 11, 2008
Outside her Bel-Air home, Nancy Reagan stood arm in arm with John McCain and offered a significant -- but less than exuberant -- endorsement.

"Ronnie and I always waited until everything was decided, and then we endorsed," the Republican matriarch said in March. "Well, obviously this is the nominee of the party." They were the only words she would speak during the five-minute photo op.

In a written statement, she described McCain as "a good friend for over 30 years." But that friendship was strained in the late 1970s by McCain's decision to divorce his first wife, Carol, who was particularly close to the Reagans, and within weeks marry Cindy Hensley, the young heiress to a lucrative Arizona beer distributorship.

The Reagans rushed to help Carol, finding her a new home in Southern California with the family of Reagan aide Edwin Meese III and a series of political and White House jobs to ease her through that difficult time.

McCain, who is about to become the GOP nominee, has made several statements about how he divorced Carol and married Hensley that conflict with the public record.

In his 2002 memoir, "Worth the Fighting For," McCain wrote that he had separated from Carol before he began dating Hensley.

"I spent as much time with Cindy in Washington and Arizona as our jobs would allow," McCain wrote. "I was separated from Carol, but our divorce would not become final until February of 1980."

An examination of court documents tells a different story. McCain did not sue his wife for divorce until Feb. 19, 1980, and he wrote in his court petition that he and his wife had "cohabited" until Jan. 7 of that year -- or for the first nine months of his relationship with Hensley.

Although McCain suggested in his autobiography that months passed between his divorce and remarriage, the divorce was granted April 2, 1980, and he wed Hensley in a private ceremony five weeks later. McCain obtained an Arizona marriage license on March 6, 1980, while still legally married to his first wife.

Until McCain filed for divorce, the Reagans and their inner circle assumed he was happily married, and they were stunned to learn otherwise, according to several close aides.

"Everybody was upset with him," recalled Nancy Reynolds, a top aide to the former president who introduced him to McCain.

By contrast, some of McCain's friends, including the Senate aide who was at the reception where McCain first met Hensley, believed he was separated at that time.

Albert "Pete" Lakeland, the aide who was with McCain at the reception in Hawaii in April 1979, said of the introduction to Hensley: "It was like he was struck by Cupid's arrow. He was just enormously smitten."

As the pair began dating, Lakeland allowed them to spend a weekend together at his summer home in Maryland, he said.

The senator has acknowledged that he behaved badly, and that his swift divorce and remarriage brought a cold shoulder from the Reagans that lasted years.

In a recent interview, McCain said he did not want to revisit the breakup of his marriage. "I have a very good relationship with my first wife," he said. In his autobiography, he wrote: "My marriage's collapse was attributable to my own selfishness and immaturity. The blame was entirely mine."

Tucker Bounds, a McCain campaign spokesman, said: "Of course we will not comment on the breakup of the senator's first marriage, other than to note that the senator has always taken responsibility for it."

Carol McCain did not respond to a request for an interview.

About all she has ever said is this to McCain biographer Robert Timberg: "John was turning 40 and wanting to be 25 again."

After leaving the White House, Carol McCain worked in press relations in the Washington area, retiring about five years ago after working for the National Soft Drink Assn. She now lives in Virginia Beach, Va., and has not remarried. She has two sons from an earlier marriage: Andy, a vice president at Cindy McCain's beer distributorship, and Doug, a commercial airline pilot.

Carol and John McCain had a daughter, Sidney, who works in the music industry in Canada.

John McCain, who calls himself "a foot soldier in the Reagan revolution," said in his memoir: "My divorce from Carol, whom the Reagans loved, caused a change in our relationship. Nancy . . . was particularly upset with me and treated me on the few occasions we encountered each other after I came to Congress with a cool correctness that made her displeasure clear.

"I had, of course, deserved the change in our relationship."

Joanne Drake, spokeswoman for Nancy Reagan, did not return phone calls seeking comment.
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The first Mrs. McCain

McCain met Carol Shepp through a mutual friend and fellow midshipman at the Naval Academy, from which McCain graduated in 1958. That friend, Alasdair E. Swanson, married her in 1958. In the early 1960s, the Swansons lived in Pensacola, Fla., where Alasdair Swanson and McCain served as Navy pilots.

But that marriage ended in June 1964 after Carol sued for divorce, alleging that her husband had been unfaithful.

According to McCain, he started seeing Carol shortly afterward. They were married in Philadelphia, her hometown, in July 1965. McCain adopted her two sons, and they had a daughter together. Then in October 1967, McCain's plane was shot down and he was captured by the North Vietnamese.

She became active in the POW-MIA movement. A former model, she dedicated herself to her children and kept the family together, friends said, while awaiting his return.

"She had the perseverance to carry on," said Melinda Fitzwater, a cousin of McCain's who later worked with Carol McCain at the White House. "She had a little baby and small kids. She was a great, unique person."

On Christmas Eve 1969, while she was driving alone in Philadelphia, Carol McCain's car skidded and struck a utility pole. Thrown into the snow, she broke both legs, an arm and her pelvis. She was operated on a dozen times, and in the treatment she lost about 5 inches in height.

After John McCain was released in March 1973 and returned to the U.S., he told friends that Carol was not the woman he had married.

Reynolds, working for then-California Gov. Ronald Reagan, said she first met the couple in San Francisco at a reception for ex-prisoners. She later introduced them to the Reagans at their home in Pacific Palisades.

"They were just an attractive couple," Reynolds said. "The Reagans had great admiration and respect for John."

In 1974, Reagan invited McCain to speak at a governor's prayer breakfast in Sacramento. The former prisoner of war told the story of a fellow captive who had scratched a prayer on a cell wall. Ronald and Nancy Reagan were reduced to tears. It was "the most moving speech I had ever heard," Reynolds said.

In the next few years, family and friends said, there was no sign that McCain was unhappy in his marriage. Fitzwater recalled visiting the family on Thanksgivings, and McCain seemed content barbecuing a turkey on his outdoor grill near Jacksonville, Fla.

Navy officers in the squadron McCain commanded in 1977 said they did not know anything was wrong. "When I went to parties at their home, everything seemed fine," said Mike Akin, a naval flying instructor. "They seemed to be a happily married couple."

But two years later, while on a trip as a Navy liaison with the Senate, McCain spied Hensley at the Honolulu reception. In a recent television interview with Jay Leno on the "Tonight Show," Cindy McCain joked about how the Navy captain had pursued her. "He kind of chased me around . . . the hors d'oeuvre table," she said. "I was trying to get something to eat and I thought, 'This guy's kind of weird.' I was kind of trying to get away from him."

John McCain was 42; she was 24. During the next nine months, he would fly to Arizona or she would come to the Washington area, where McCain and Carol had a home.

Carol McCain later told friends, including Reynolds and Fitzwater, that she did not know he was seeing anyone else.

John McCain sued for divorce in Fort Walton Beach, Fla., where his friend and fellow former POW, George E. "Bud" Day, practiced law and could represent him.

In the petition, he stated that the couple had "cohabited as husband and wife" until Jan. 7, 1980.

His wife did not contest the divorce, and Day said that the couple had reached an agreement in advance on support and division of property. By then she was living in La Mesa, in San Diego County, with the family of Meese, a close Reagan aide and future attorney general.

"We knew John and Carol both since he came back from Hanoi in 1973," Meese said recently. "They have been friends of ours ever since.

"She was with us for maybe four or five months. Their daughter and our daughter were friends, and they went to school together."

Carol McCain was distraught at being blindsided by her husband's intention to end their marriage, said her friends in the Reagan circle.

"They [the Reagans] weren't happy with him," Fitzwater said. Carol McCain "was this little, frail person. . . . She was brokenhearted."

By that time, Nancy Reagan had come to Carol McCain's aid, hiring her as a press assistant in the 1980 presidential campaign.

When the Reagans moved to Washington, she was named director of the White House Visitors Office.

"Nancy Reagan was crazy about her," Reynolds said. "But everybody was crazy about Carol McCain. . . . And the Meeses were very generous and helpful and comforting to her."

Fitzwater said that living in Southern California and working on the Reagan campaign helped Carol McCain move past the loss of her marriage.

"It was perfect for her. She was traveling, and it took her mind off a very, very sad time for her."

Saturday, September 6, 2008

Why a black man is offended by comments about Barack Hussein Obama

Barack Hussein Obama is absolutely screwed up because of Sara Palin He doesn't know if to DEFICATE OR WIND HIS WATCH! :)

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Barack Obama's campaign persuaded a delegate to step down after she was ticketed for describing her neighbor's children's behavior using the word, "monkeys." The kids were playing in the tree next door to her house. According to police, the woman "came outside and told the children to quit playing in the tree like monkeys." The woman says she didn't want the children to get hurt, and she even calls her own grandchildren "monkeys." Why the ticket and her banishment as a delegate? The children were African American. Obama's campaign called her use of the word monkey "divisive and unacceptable."
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Is this playing the race card? Yes.
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WASHINGTON -- Sen. Barack Obama on Thursday called President Bush's suggestion that African-Americans could reap greater rewards from overhauling Social Security a "stunning" argument that ignored the true health issues facing blacks in this country.

As the president launched a two-day tour through the South to build support for his controversial plan to revamp Social Security, Democrats challenged a White House assertion that blacks would particularly gain from Bush's proposed private retirement accounts because they have fewer years to collect benefits considering they die younger.

"It is puzzling to me that we are even having this debate about whether Social Security is good or not for African-Americans," said Obama, an Illinois Democrat. "I frankly found the statement that the president made somewhat offensive."
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Is this playing the race card? Yes.
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Obama 'offended' by Palin rumor claims

Barack Obama said Monday he was offended by claims his campaign fanned rumors about Republican vice presidential pick Sarah Palin, telling the press to "back off" stories about her pregnant daughter.
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Offended again. Yes but a false claim.
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WASHINGTON (CNN) -- Sen. Joe Biden planned to spend Wednesday focusing on his official announcement that he was running for president, but the Delaware Democrat instead found himself defending remarks he made to the New York Observer about his Democratic opponents.

In the article published Wednesday, Biden is quoted evaluating presidential rivals Sen. Hillary Rodham Clinton, D-New York, former Sen. John Edwards, D-North Carolina, and Sen. Barack Obama, D-Illinois. His remarks about Obama, the only African-American serving in the Senate, drew the most scrutiny.

"I mean, you got the first mainstream African-American who is articulate and bright and clean and a nice-looking guy," Biden said. "I mean, that's a storybook, man." (Watch Biden's comments and Obama's reaction Video)

Biden issued a statement Wednesday afternoon, saying: "I deeply regret any offense my remark in the New York Observer might have caused anyone. That was not my intent and I expressed that to Sen. Obama."

Biden also spoke to reporters in a conference call Wednesday afternoon and said the remark was taken out of context.

"Barack Obama is probably the most exciting candidate that the Democratic or Republican Party has produced at least since I've been around," Biden said on the call. "And he's fresh. He's new. He's smart. He's insightful. And I really regret that some have taken totally out of context my use of the world 'clean.'"

Biden said he was referring to a phrase used by his mother.

"My mother has an expression: clean as a whistle, sharp as a tack," Biden said.

Obama, in a brief off-camera interview in a Senate hallway, said he thinks Biden "didn't intend to offend" anyone.

"He called me," Obama said. "I told him it wasn't necessary. We have got more important things to worry about. We have got Iraq. We have got health care. We have got energy. This is low on the list."

"He was very gracious and I have no problem with Joe Biden," Obama added.

Later on Wednesday, Obama, in a written statement, said "I didn't take Sen. Biden's comments personally, but obviously they were historically inaccurate. African-American presidential candidates like Jesse Jackson, Shirley Chisholm, Carol Moseley Braun and Al Sharpton gave a voice to many important issues through their campaigns, and no one would call them inarticulate."
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"I mean, you got the first mainstream African-American who is articulate and bright and clean and a nice-looking guy," Biden said. "I mean, that's a storybook, man."

If any white person referred to Obama as a clean black man this would have been offensive to Obama. The race card was not played because Obama knows its his ace in the hole. It is an obvious racial statement but Obama did not call his fellow democrat publicly on it. My guess is he did call him on it and now Biden owes Obama something in exchange. This is just what Jessie Jackson does with corporations. Extorts them. This is what some 'other' blacks do also to extort whites into feeling guilty about saying something. It could be racial comments or just facts about other black persons that are not racial, such as commets about Obama and how he appears to sound stupid and say things that are as if he has the brain of a scarecrow. And by racial I mean something that is really offense that should not have been said. (It seems to depend on several factors) I have noticed that 'some' black people will use the race card and offended because they have no other defense when confronted with the facts about Obama. Example:
Obama sounds STUPID in this video....a fact
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Degrees are only paper and a mind is a terrible thing to waste.
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I made a statement at work that Obama was stupid, and a black man later told me, "As a black man I am offended by your comments about Obama". Obviously the black man who told me this was offended. I think I know why. As a black man he identifies with Obama and when Obama acts stupid he does not want a white man to call him on the facts. He cannot dispute this fact but can play the race card as a defense I ask you, does Obama not sound stupid? I think so and as a white man I am offended by a black man telling me he is offended because Obama sounds stupid. I am offended he played the race card and did not admit Obama sounds stupid. I am offended he accepts Obama's stupidity and supports him. So I guess we are both offended. Should I be? Should he be? You make the choice. Offense is in the ear of the beholder.

If it walks like a duck, looks like a duck, smells like a duck, most likely it is a duck and in this case the video does not lie
The last thing I would want to do is be identified with Barack Obama. He is only a mass media cutout who is lost with out a teleprompter.
Example:
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OBAMA: Uh, uh, are, uh, uh, uh, um. That’s — that’s a bunch — so — so let me tick these off. Deh… Uh, uh, uh, uh, uh, uh, uh, uh, um, uh. So the issue is not a perception that, uh… Weh, weh, let me put it this way. Uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, We’re — we’re trying to — you know, we’ve got a bipartisan group here and — and — and, uh, uh, uh, uh, um, uh, uh, uh.

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Barack Hussaein Obama is only a liberal Chicago race card. Contrast him with Clarence
Thomas who is of the same race but is a self made man who can stand on his own two
feet without handlers and a teleprompter. Yes Barack Husaien Obama does sound stupid
and make stupid comments and judgements about foreign policy questions.
This is because he is a fake. Contrast this with other black men who are not fakes
and are not stupid. To call a black man stupid if he is stupid is not racial, but
a fact if he is stupid. To ask someone to not talk about Obama is ok but it begs the
question, how can one identify with an idiot like Obama. If he was white he still would is an idiot. Let me play the joker card because Obama is a joker or a bafoon:

Urban dictionary
Fool, idiot, one who pretents to know something but does not.
Larry the bafoon claims to have fixed something that he knows absolutely nothing about. He bafooned it.

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Mccain is stupid also. If someone told me Mccain was stupid, as a white man I would not be offended because I do not identity myself with stupid white men just because they are white. I can't help but believe 'some' black men and white men do identify
with stupidity but these people can be easily misled. To identify with stupidity is in fact STUPID

Have You Vetted Barack Obama?

Thursday, August 14, 2008

American Energy Freedom Day



The Obama Nation: Leftist Politics and the Cult of Personality (Hardcover) Don't believe the mass media cover up and lies...get this book and read it. It's all documented.

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It is very plain that the democrates don't want the US to be energy independent. If they did they would not vote to extend the ban on offshore drilling. The democrates are socialists who want to make the USA a third world country. Obama agrees and will do all he can to destroy our country from within. I hope people will see obama and the democrats for what they are LIARS!

This is a simple answer to our energy needs now and in the future, but the green wacos, who are socialists want the truth hid from the American public.

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Hensarling/DeMint Announce Effort to Protect American Energy Freedom Day

July 31, 2008 - Washington D.C. - Congressman Jeb Hensarling (R-TX), Chairman of the House Republican Study Committee, and Senator Jim DeMint (R-SC), Chairman of the Senate Steering Committee, today announced a bicameral effort to protect American Energy Freedom Day on October 1, 2008. On that day, the current prohibitions on energy leasing on most of the Outer Continental Shelf and on oil shale leasing on federal lands will expire – unless the Democrat controlled Congress proactively acts to extend them.

Hensarling and DeMint are circulating letters to Speaker Nancy Pelosi and Majority Leader Harry Reid on behalf of the millions of Americans currently feeling pain at the gas pump and seeking to increase production of American energy.

“It is our hope that Democrats and Republicans will stand together to support American Energy Freedom Day on October 1, 2008. On this day, the current prohibitions on oil and gas exploration off the Outer Continental Shelf (OCS) and in the oil-shale fields of the West will expire, giving Americans the freedom to access their own energy and providing them with relief from sky-high prices at the pump,” reads the letters. “We strongly encourage you to allow the expiration of these prohibitions on American energy exploration and production, as scheduled under current law, and we will actively oppose any attempt to extend them. Now is not the time to deny Americans access to their own energy supply.”



On October 1, 2008, as part of the Consolidated Appropriations Act 2008 (Public Law 110-161), prohibitions on energy exploration will expire, immediately making vast amounts of American petroleum and natural gas available for leasing activities, to the benefit of all Americans currently coping with high energy costs. Estimates from the Minerals Management Service and the Bureau of Land Management indicate that there are upwards of 18 billion barrels of recoverable crude oil on the currently off-limit areas of the Outer Continental Shelf, as well as more than 55 trillion cubic feet of natural gas. Estimates of American oil shale vary widely but range from hundreds of billions of barrels to trillions of barrels of oil.

“On October 1st, the bans on offshore drilling and oil shale recovery will end, enabling us to finally be able to develop more American energy – unless Democrats actively prohibit exploration.” said Congressman Hensarling. “Utilizing these sources of American energy is needed to lower gas prices and to reduce our dependence on foreign oil. I hope that Speaker Pelosi and Democrats in the House and Senate recognize the pain Americans are feeling and will not actively enact legislation to block the development of American Energy.”

“October 1st is going to be a great day for all Americans, because our nation will finally be able access our energy resources and bring down prices at the pump," said Senator Jim DeMint. “For over 25 years, Democrats have denied Americans the freedom to access their own energy, making our nation more and more dependent on foreign oil. Now is the time for Democrats to step aside and allow Americans to access their own energy supply. We must protect American Energy Freedom Day, and allow the prohibitions on American energy exploration to expire so we can reduce energy costs for all Americans.”
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Congressional leaders will likely try to sneak an extension into supposedly "must-pass" last-minute spending legislation. Having a strong show of force from the supporters of increased American energy production well in advance of this expected action is vital to the success of the showdown that may be on the horizon.
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Contact your Member of Congress today and urge him or her to sign the letter being circulated by Congressmen Hensarling and Shadegg ASAP. They plan to send the letter to Pelosi and Hoyer by the end of next week, so time is of the essence.

The full text of the letter is attached below:

Dear Madame Speaker and Mr. Leader,

It is our hope that all Democrats and all Republicans can stand together to celebrate American Energy Freedom Day on October 1, 2008. On that day, the current prohibitions on oil and gas leasing on most of the Outer Continental Shelf and on oil shale leasing on federal lands will expire, unless Congress acts to extend them. We strongly encourage you to allow the expiration of these prohibitions on American energy exploration and production, as scheduled under current law, and will actively oppose any attempt to extend them.

When these prohibitions expire on October 1, 2008, as part of the Consolidated Appropriations Act 2008 (Public Law 110-161), all Americans will benefit, for vast amounts of American petroleum and natural gas will immediately become available for leasing activities. Estimates from the Minerals Management Service and the Bureau of Land Management indicate that there are upwards of 18 billion barrels of recoverable crude oil on the currently off-limit areas of the Outer Continental Shelf, as well as more than 55 trillion cubic feet of natural gas. Estimates of American oil shale vary widely but range from the hundreds of billions of barrels to trillions of barrels of oil.

Those hardest hit by the high prices at the pump are Americans who don’t have the wiggle-room in their budgets for this tremendous increase to their cost of living. For example, Americans in rural areas and out West often must drive great distances to get to work; public transportation isn’t an option. Most Americans cannot afford the newest hybrid vehicles, and many people depend on less efficient trucks, vans, and SUVs for their livelihoods.

Taking advantage of American resources will increase the worldwide supply of petroleum and bring down prices at the pump. The very access to these resources will send powerful price-reduction signals to the futures markets, providing immediate relief.

We therefore urge you not to schedule any legislation that would extend the prohibitions on leasing on the Outer Continental Shelf and in the American interior for oil shale. Should any legislation extending these prohibitions be sent to President Bush’s desk, we would vigorously encourage the President to veto.

Thank you for your consideration, and we look forward to celebrating with you a victory for the American people on American Energy Freedom Day.

Yours Respectfully,


Rep. Jeb Hensarling
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Dear Senators Reid and McConnell,

It is our hope that Democrats and Republicans will stand together to support American Energy Freedom Day on October 1, 2008. On this day, the current prohibitions on oil and gas exploration off the Outer Continental Shelf (OCS) and in the oil-shale fields of the West will expire, giving Americans the freedom to access their own energy and providing them with relief from sky-high prices at the pump.

We strongly encourage you to allow the expiration of these prohibitions on American energy exploration and production, as scheduled under current law, and we will actively oppose any attempt to extend them. Now is not the time to deny Americans access to their own energy supply.

Thank you for your consideration. We look forward to working with you to ensure a victory for the American people on American Energy Freedom Day.

Sen Jim DeMint

Friday, August 8, 2008

2 campaigns seek 'truth' about Obama's birth



It seems obama's mother was not a citizen at the time of his birth so he is not a citizen because of this. He has not produced a valid birth certificate to prove he is a citizen as of this date, Aug 08. I do not believe he is a US citizen but I do believe he is a rabid socialist liberal who will damage this country.

Ordinary people are compelled to produce certified paper birth certificates to get a passport or a driver's license. Why, people are asking, doesn't Obama needed to show one to run for President?

If Obama is confident that he has a valid paper birth certificate from Hawaii, it is unreasonable for him to be withholding it.

If Obama lacks a valid birth certificate from Hawaii, it would mean that he has been living a lie his whole life: an illegal alien born outside the country who never obtained American citizenship, never became naturalized, and yet has been passing himself off as a citizen to the Illinois Bar, the Illinois Legislature, the US Senate and now, as a candidate for President.
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Online petition to the Federal Election Commission (Please sign this petition)
FEC Investigation of Obama Eligibility
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2 campaigns seek 'truth' about Obama's birth
Eligibility for presidency hinges on American citizenship
Posted: August 08, 2008
WND


Barack Obama

Israel Insider is reporting that analysts working separately have determined the birth certificate posted on the Daily Kos website and later on Sen. Barack Obama's "Fight the Smears" campaign website is fraudulent, and now two different actions have been launched to try and obtain the truth about the presumptive Democratic presidential nominee's birth.

The Israel Insider report said the two analysts it interviewed both have been "able to independently discern the name 'Maya Kassandra Soetoro' from artifacts left behind in the process of forging a new fake document for Barack from an image of Maya's original document." Maya is Obama's younger half-sister.

The report follows a posting from another researcher identified by the news publication as Techdude that the birth certificate is a forgery because it originally documented the birth of a woman in the 1970s.

Blogger Mitchell Langbert now has launched an online petition to the Federal Election Commission in which signers are asking the agency to "take responsibility to verify the eligibility of Mr. Barack H. Obama to be president of the United States."

Wrote Langbert, "Mr. Obama has refused to produce a physical certified, stamped copy of his birth certificate. An electronically displayed imaged displayed by his official campaign website has alleged to have been a forgery. … We request that the FEC require Mr. Obama to authorize the FEC to obtain an official copy of his birth certificate."

Ted Moran, who said he wished to be contacted at brotherbear@solomonsstables.org, said he also was launching a campaign to discern the truth about Obama's birth certificate.

"I am looking for 50 brave men or women from 49 states and the District of Columbia to join me in suing the secretaries of state in our respective states to prevent them from posting the name Barak H. Obama on the November 2008 ballot until he presents incontrovertible proof that he is a … U.S. citizen," he said. "The secretaries of state are the ones who by placing a person or initiative on the ballot certify that the candidates or initiatives meet the legal requirements to be on the ballot.

"The office of the president is simply too important to trust to someone other than a person whose loyalties are 100 percent American, and while it is impossible to read into the heart of a man or woman we do have the test our forefathers gave us. Which is this office is not to be entrusted to anyone but a natural U.S. citizen," he said.

Multiple requests over a period of several days by WND to the Obama campaign for a comment or explanation of the birth certificate issue did not generate any response.

The Israel Insider said, "The revelation that [the birth certificate] of Obama's own sister was evidently used to create the electronic forgery represents what supporters of this analysis claim is a 'smoking gun' that appears to implicate Sen. Obama directly. Hawaii law limits access to vital records to family members only, a fact which slowed down the ability of researchers to compare the purported Obama 'birth certificate' – which displayed from the start a peculiar provenance and inexplicable features – to genuine specimens. Therefore, it would seem that either Maya K. Soetoro-Ng (as she is now called) supplied the document or its image to half-brother Barack or his campaign, or Obama/his campaign used it without her permission."

"The stakes couldn't be higher. Even the Snopes anti-rumor site acknowledges that Obama's constitutional fitness to be president depends solely on his being born in the United States, because his mother – not yet 19 at the time of his birth – would not have had a sufficient number of years as an adult citizen, according to the laws prevailing at the time, to pass on 'natural born citizenship' automatically," the report said.

"There have been reports, so far unconfirmed, that Obama was born outside the country, either in Kenya, his presumed father's native land, or in Canada. The fact that the Obama campaign has been touting as genuine a forgery since June 12 will likely increase pressure to not only account for the fake but produce a genuine paper birth certificate. Obama, in his book 'Dreams from My Father,' specifically mentioned having such a document in his possession, but it has not been submitted for public inspection or analysis if it in fact exists," the report said.

The forensic computer investigators interviewed by the news publication concluded there are two obvious possibilities for the birth certificate image: A real certificate was scanned and digitally edited or a real certificate was scanned for the graphic layout, then blanked by soaking the document in solvent to remove the toner.

The certificate was published by the Daily Kos June 12 following initial reports questioning Obama's place of birth. He's stated he was born in Hawaii, but if that was not the case, his citizenship could be shaky, since his father was not a citizen and his mother was not old enough to pass along American citizenship automatically.

The issue originally was raised by Jim Geraghty, reporting on the Campaign Spot, a National Review blog. He cited the "unlikely" possibility that Obama's 1961 birth was not within the U.S.

At the time, he wrote, "If Obama were born outside the United States, one could argue that he would not meet the legal definition of natural-born citizen … because U.S. law at the time of his birth required his natural-born parent (his mother) to have resided in the United States for 10 years, at least [f]ive of which had to be after the age of 16.'"

He then pointed out Ann Dunham, Obama's mother, was 18 when Obama was born "so she wouldn't have met the requirement of five years after the age of 16."

When the Daily Kos website posted an image that appeared to be Obama's birth certificate, Geraghty announced he was satisfied.

The presumptive Republican nominee for president, Sen. John McCain, R-Ariz., already has gone through the same type of challenge, and the U.S. Senate responded with a resolution in April declaring him to be a "'natural born Citizen' under Article II, Section 1, of the Constitution of the United States."

The article declares "no person except a natural born citizen … shall be eligible to the office of president."

McCain was challenged because he was born to two U.S. citizens in the Panama Canal Zone.

Where is the US Senate resolution for Obama declaring his US citizenship is valid????

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As Obama stonewalls on uncertified birth certificate, official doubts mount
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A senior official in the State of Hawaii's Department of Health, Director of Communications Janice Okubo, confirms that the image published and circulated by the Obama campaign as his "birth certificate" lacks the necessary embossed seal and signature. Backing away from a quote attributed to her that the image on the campaign site was "valid," she told the St. Petersburg (Florida) Times in an article published yesterday: "I don't know that it's possible for us to even say beyond a doubt what the image on the site represents."
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Barack Obama has claimed in writing to have a valid printed document: In the first chapter of his book Dreams From My Father, describing his origins, he wrote about finding a local Hawaiian newspaper article about his Kenyan father: "I discovered this article, folded away among my birth certificate and old vaccination forms, when I was in high school."

So where is that birth certificate??? It got lost? The dog ate it? No matter. Barack Obama or an immediate family member can plunk down $10 ($11.50 if he orders online) and have Hawaii mail a certified document to him within a week or two. But more than two weeks have passed since the Obama campaign adopted the suspect, uncertified image of a purported birth document published by a left-wing blog Daily Kos, and nothing certified and nothing on paper has since has been forthcoming. Nor has there been any official comment about the issue from the campaign. They may cling to the hope -- however audacious -- that the one issue that could disqualify their man constitutionally from gaining the presidency will just go away.
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If his mother is not a US citizen it doesn't matter what he produces. (Story Reports)

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There would be no need to invent a conspiracy among officials. All Obama needed to do would be to pass off an uncertified document as being certified. He may have done so unwittingly, just like he sat in the rev wrights church for 20 years and did not know he was a racist bigot who hates whites!. Then the rest can follow without any need to conspire with any other official. They just take it on faith that the person is an American citizen.
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Additional information about the fake birth certificate below:

Claim: Obama's "birth certificate" forged with sister Maya's original

Independent analysts, working separately, claim to have discovered that the original Hawaiian Certificate of Live Birth used in the fabrication of the Barack Obama "birth certificate" belongs to the Presidential candidate's younger half-sister, Maya.

Examining the high resolution image originally posted by the "Daily Kos" left-wing blog and subsequently claimed as authentic by the campaign, and posted in lower resolution on the campaign official "Fight the Smears" website, at least two analysts have been able to independently discern the name "Maya Kassandra Soetoro" from artifacts left behind in the process of forging a new fake document for Barack from an image of Maya's original document. Additional confirmatory information, such as her birthday and the nationality of her father have also been resurrected. A full report documenting all details is to be published in the coming days. Israel Insider has not yet seen proof that would validate the claim.

The dramatic claim comes just a day after a forensic specialist, posting on the Texas Darlin blog under the name Techdude (his real name is known to Israel Insider), announced the discovery of the identity of the original owner of the COLB document used in the forgery but would initially only indicate that it was a woman born in the 1970's. However, he provided enough clues to enable another graphic specialist (screen name KG) to independently reproduce the incriminating evidence. (Techdude had said that he wanted to give the guilty parties time to confess to the forgery, but also to allow independent confirmation of his discovery. He even offered to pay for a trip to Vegas to the first person to discover the name and detail the method by which it was discovered.)

According to Texas Darlin, which exclusively published these latest revelations, there is more to come: "In the coming days, Techdude will provide a final report that fully discloses his discovery, and provides all the fancy technical data, images, formulae etc. that everyone has come to expect. He will respond to questions posted on this blog to the best of his ability. (NOTE: KG has asked Techdude to donate the trip funds to help retire Hillary's debt, and Techdude has agreed.)" In the meantime, KG has posted details on how artifacts of the name "Maya Kassandra Soetero" were discerned.

The revelation that the COLB of Obama's own sister was evidently used to create the electronic forgery represents what supporters of this analysis claim is a "smoking gun" that appears to implicate Senator Obama directly. Hawaii law limits access to vital records to family members only, a fact which slowed down the ability of researchers to compare the purported Obama "birth certificate" -- which displayed from the start a peculiar provenance and inexplicable features -- to genuine specimens. Therefore, it would seem that either Maya K. Soetoro-Ng (as she is now called) supplied the document or its image to half-brother Barack or his campaign, or Obama/his campaign used it without her permission.

It appears unlikely, to say the least, that the campaign would have independently managed to obtain Maya's COLB, forged Barak's fake COLB using Maya's original, and verified the result as genuine without the candidate's knowledge and involvement. This is particularly true given the high profile treatment with which the campaign has treated the purported veracity of the supposed "birth certificate" in its Fight the Smears website. The apparent use of the Soetero document increases the likelihood of direct Obama involvement in the supply, production, and/or propagation of the forgery.

The stakes couldn't be higher. Even the Snopes anti-rumor site acknowledges that Obama's constitutional fitness to be president depends solely on his being born in the United States, because his mother -- not yet 19 at the time of his birth -- would not have had a sufficient number of years as an adult citizen, according to the laws prevailing at the time, to pass on "natural born citizenship" automatically.

There have been reports, so far unconfirmed, that Obama was born outside the country, either in Kenya, his presumed father's native land, or in Canada. The fact that the Obama campaign has been touting as genuine a forgery since June 12 will likely increase pressure to not only account for the fake but produce a genuine paper birth certificate. Obama, in his book Dreams from My Father, specifically mentioned having such a document in his possession, but it has not been submitted for public inspection or analysis if it in fact exists.

As strident as the claims are with respect to the source of the purported Obama COLB, and despite the claimed ability to replicate Techdude's work, not all experts are convinced. Veteran forensic analyst Joseph Cannon expresses frustration with what he considers Techdude's vague instructions for "resurrecting" the artifacts that allegedly spell Maya's name.

AJ Strata, who has been an extreme skeptic with respect to the fake certificate claims, believes this latest analysis is a "joke" from a "cult," proof that "the inmates have taken over the asylum." Indeed, there are still too many unanswered questions to reach a reliable assessment about the veracity of Techdude's claims for the hidden name. Much appears dependent on his ability to lay out replicable instructions and demonstrate graphics which show the hidden name appearing. He promises a full report in coming days. Until then, the jury is still out.

Intriguingly, too, Maya Soetoro-Ng is believed to have been born outside the United States, in Indonesia, so her apparent ownership of a Hawaiian Certificate of Live Birth raises questions about how such a document could have been produced for an Indonesian-born girl. There do appear to be circumstances which would enable a foreign born child to get a US birth certificate, including a consular report of an overseas birth by an American citizen, or an adoption. Those factors and circumstances, too, may shed light on Barack Obama's citizenship status and his ability, or inability, to document it.

Ironically, but perhaps not coincidentally, the Obama campaign has challenged the credentials of Republican opponent John McCain, because he makes no secret of being born out of the country, in Panama. But both of McCain's parents were Americans so, unlike Obama, are by statute able to pass on natural born citizen status to their foreign-born child.
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Is he a US citizen? I don't think so. He needs to prove it.
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Obama's "birth certificate" forged with sister Maya's original

Friday, August 1, 2008

Was it all made up?


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This is strange because it took the government so long to find this guy right under the nose of the government. This story smells. If it was this guy where is the evidence? Will it die with him or will the government publish it and explain what he did knowing there is now no defense because he is dead. This is to convenient. All of a sudden this was published and he is accused. Accused is the word not convicted as this news report would have us believe. This it seems to me could have been applied to anyone connected with making government anthrax. I think this is just a coverup, don't you?
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Though friends and family claim that Bruce E. Ivins was innocent and the victim of FBI harassment, he also had been accused recently of having “a history dating to his graduate days of homicidal threats, actions, plans, threats & actions towards therapist.”

Perhaps I’ve just watched too many episodes of “The X-Files,” “Prison Break” and similar programs, but If the accusation about long-time violent tendencies is true, one might wonder why Ivins was allowed to work in Army biodefense labs–WITH ANTHRAX, for EIGHTEEN FREAKING YEARS! One would hope it was merely oversight or stupidity and not related in any way to all the help Ivins allegedly gave the Bush administration in its efforts to curb civil liberties in America and start a war in Iraq.
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It is strange no weapons of mass destruction and now no anthrax as caused by iraq.

Tuesday, July 29, 2008

Open letter sent by fax to my SC senators about senate bill s3093.

Open letter sent by fax to my SC senators about senate bill s3093.

Send faxes to Congress on important bills at this web site for free.
Send free faxes to congress here

I have faxed all of my faxes and called my congressmen.
Please call and take this time to let congress hear your voice!
Remember Capitol Switch board is 202-224-3121!

E-Verify is working. Don't let open border lobbyist put a nuzzle on your mouth.

Let congress know you mean business.

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ACTION ALERT! Senate legislation would expand and improve E-Verify program!

S 3093, by Senator Chuck Grassley (R-Iowa), would reauthorize, enlarge, and improve the E-Verify program that allows employers to ascertain the work eligibility of new employees.

The verification system, formerly the Basic Pilot program, was first authorized in 1996 and allowed only five states to participate. The program was reauthorized in 2001 and then expanded in 2003. The last expansion allowed employers in all 50 states the opportunity to use the program voluntarily.

The new legislation would:

* Make the E-Verify program permanent.
* Require all contractors of the federal government to use the verification program.
* Allow DHS to require companies to use the E-verify program if a pattern of illegal hiring is found.
* Give businesses the option to verify the status of all employees, not just new hires.
* Require employers to re-verify employees who are in the United States on temporary status.

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My Fax:
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Do not let the e verify program expire in nov 08. Vote yes on s3093, by Senator Chuck Grassley (R-Iowa), to reauthorize, enlarge, and improve the E-Verify program that allows employers to ascertain the work eligibility of new employees.

Do not gut the bill so it is not effective. I live Easley SC and
work in Greenville SC. We seem to be coverup with mexicans
who don't speak english. I suspect most are illegals. I expect you to vote for this bill. This bill would help protect my ss number also from being hijacked by an illegal alien. I am
mad as hell at congress for not protecting me and other US citicizens from this threat!

There are a number of steps that we can take to stop the illegal employment that is causing so much harm to our country. The primary one is to remove the jobs that continue to draw new illegal aliens.

Illegal aliens are using increasingly sophisticated documents to work in the United States. This has made the electronic verification of the Basic Pilot program an important and useful tool for employers who seek to comply with the law.

s3093 would make the E-Verify program permanent and require all contractors with the federal government to use it. It would also allow the DHS to require companies to use the program if they have a history of illegal hiring.

Listen to the people in SC, we want e verify to continue, its the least congress can do before they go on vacation!

Gas could fall to $2 if Congress acts, analysts say

Here is the reason for the price increase and the answer to a price decrease.

The news media is not reporting this as they should.
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Gas could fall to $2 if Congress acts, analysts say
Limiting speculation would push prices to fundamental level, lawmakers told
By Rex Nutting & Michael Kitchen, MarketWatch
Last update: 4:24 p.m. EDT June 23, 2008



WASHINGTON (MarketWatch) -- The price of retail gasoline could fall by half, to around $2 a gallon, within 30 days of passage of a law to limit speculation in energy-futures markets, four energy analysts told Congress on Monday.
Testifying to the House Energy and Commerce Committee, Michael Masters of Masters Capital Management said that the price of oil would quickly drop closer to its marginal cost of around $65 to $75 a barrel, about half the current $135.
Fadel Gheit of Oppenheimer & Co., Edward Krapels of Energy Security Analysis and Roger Diwan of PFC Energy Consultants agreed with Masters' assessment at a hearing on proposed legislation to limit speculation in futures markets.
Krapels said that it wouldn't even take 30 days to drive prices lower, as fund managers quickly liquidated their positions in futures markets.
"Record oil prices are inflated by speculation and not justified by market fundamentals," according to Gheit. "Based on supply and demand fundamentals, crude-oil prices should not be above $60 per barrel."

Futures trading in London has not been a major factor in rising oil prices, testified Sir Bob Reid, chairman of the Chairman of London-based ICE Futures Europe. Rising prices are largely a function of fundamental supply and demand, not manipulation or speculation, he said.

"Energy speculation has become a growth industry and it is time for the government to intervene," said Rep. John Dingell, D-Mich., chairman of the full committee. "We need to consider a full range of options to counter this rapacious speculation." It was Dingell's strongest statement yet on the role of speculators.
There has been much discussion recently about how big a role speculators have been playing in the sharp rise in energy prices, though no consensus has emerged on this point.
Dingell introduced a bill on June 11 that would ask the Energy Department to gather the facts on energy prices, including the role played by speculators. See full story.
There are two kinds of speculators in the futures markets, Masters said. Traditional speculators are those who need to hedge because they actually take physical possession of the commodities. Index speculators, on the other hand, are merely allocating a portion of their portfolio to commodity futures.
Index speculation damages price-discovery mechanisms provided by futures markets, Masters added
The committee will likely consider legislation that would rein in index speculation by imposing higher-margin requirements; setting position limits for speculators; requiring more disclosure of positions; and preventing pension funds and investment banks from owning commodities.
Both major presidential candidates have supported closing loopholes that encourage speculation in the energy markets.
However, other witnesses said that pure speculators have had little impact on energy prices, which have doubled in the past year to about $135 per barrel. Both Treasury Secretary Henry Paulson and Energy Secretary Samuel Bodman have dismissed the impact of speculators on prices paid by consumers.

NOTE:
Speculators now account for about 70% of all benchmark crude trading on the New York Mercantile Exchange, up from 37% in 2000, said Rep. Bart Stupak, D-Mich., chairman of the investigations subcommittee. Stupak introduced a bill on Friday that would limit index speculation.
There has been much discussion recently about how big a role speculators have been playing in the sharp rise in energy prices, though no consensus has emerged on this point.
Congress, however, has grown increasingly concerned over speculative investors' role in the energy market in comparison with those buying futures contracts to hedge against risk from price changes. Lawmakers are expected to consider legislation to set strict limits -- or in some cases, an outright ban -- on speculative trading in energy futures in some markets.
Dingell is looking into any legal loopholes that may have contributed to speculation in energy markets. In 1991, according to documents provided by the Commodity Futures Trading Commission to the committee's investigators, the agency authorized the first exemption from position limits for swap dealers with no physical commodity exposure. This began what Dingell said was "a process that has enabled investment banks to accumulate enormous positions in commodity markets."
Is Congress barking up the wrong tree?
Neal Ryan, manager at Ryan Oil & Gas Partners, said that if Congress develops regulations to cut back speculative trading, speculation will just find a new home.
"Speculation is the root of capitalism," he said. "If the speculation is forced out of the U.S. exchanges, it'll simply show up on other exchanges that are OTC like the ICE, or new exchanges will pop up to allow for the spec trades to continue functioning."

(THIS IS THE ANSWER)
Ryan said he does see a reason for Congress to look at eliminating aspects such as allowing West Texas intermediate crude oil futures to trade on foreign markets and the "Enron loophole," but "these exchanges are currently functioning as they are supposed to in a free marketplace."
The creation of a comprehensive U.S. energy policy that tackles issues of increasing domestic supply and reining in consumer demand via conservation should be Congress' focus, Ryan said. "Instead we're on bended knee begging the Saudis to put more oil on the market and talking about shutting down spec trades." End of Story

Wednesday, July 23, 2008

Obama's Father Was a Polygamist- His Mother Was Wife #2


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Obama is the personification of ignorance and it is very evident as he speaks off the cuff. He is a media mirage that people want to believe exists.
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Obama's Father Was a Polygamist- His Mother Was Wife #2

Barack Obama's father was a polygamist.
His mother, Ann Dunham, was Barack Obama Senior's second wife. His first wife was in Africa. His third wife(?) Ruth was white and his eighth child was by a different African woman. He had 8 children by 4 different women.

Barack Obama stands with a few of his family members including militant Muslim activist and brother Abongo.

In this Obama Family photo are: (bottom row, from left) half-sister Auma, her mother Kezia Obama, Obama's step-grandmother Sarah Hussein Onyango Obama and unknown; (top row, from left) unknown, Barack Obama, half-brother Abongo (Roy) Obama, and three unknowns. (Sun Times) (The top row next to Abongo looks like Eddie Murphy?)

Barack Obama stands behind Kezia (stepmother) in a Kenyan family shot. Included in the photo is brother Abongo "Roy" Obama who is a Luo activist and a militant Muslim who argues that the black man must "liberate himself from the poisoning influences of European culture."

Obama Sr moved to Nairobi, where he took a correspondence course to complete his schooling, studying at night while working as an office clerk by day. He wrote to dozens of US universities. The University of Hawaii replied, offering him a scholarship. Leaving behind his infant son, Roy, and his young wife, Kezia, who was pregnant with their daughter, Auma, he flew to America.

Being the university's first African student did not discourage him. He graduated top of his economics class. He married a white student from Kansas, Ann Dunham, and they had a son, who he gave his full name: Barack Hussein Obama.

Obama Sr continued his studies at Harvard, but his marriage soon faltered. When he returned to Nairobi a few years later it was with a different white American woman, Ruth. Together, they had two children. But Obama Sr was still seeing his first wife, Kezia, on the side, and she bore him two more sons. Later, as ethnic rivalries hampered his career as a senior government official - the Obamas are Luo, while the government was largely Kikuyu-dominated - and as he increasingly turned to drink, he had an eighth child by another Kenyan woman.
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Barry obama's father was a sick bastard who fathered children like a dog. Barack obama is one of them.
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"Friends say drinking blighted his [Obama senior's] life," the Daily Mail reported, "he lost both his legs while driving under the influence and also lost his job."

There ended Obama senior's brilliant civil service career as a top, Harvard-trained econometrician working in the newly independent government of Jomo Kenyatta, on a mission to bring his economically backward country into prosperity.

According to the Daily Mail, even after losing both legs in the car accident, Obama senior fathered yet another son, his eighth child, by yet another woman, and "continued to come home drunk."

Then, on Obama's 21st birthday, Obama senior put an end to the sad drama by killing himself in yet another car crash, once again driving drunk.

The Daily Mail quotes Kenyan writer Philip Ochieng as saying, "He [Obama senior] was excessively fond of Scotch. He had fallen into the habit of going home drunk every night. His boasting proved his undoing and left him without a job, plunged him into prolonged poverty and dangerously wounded his ego."

"He was a menace to life," Ochieng said. "He had many extremely serious accidents. Both his legs had to be amputated. They were replaced with crude false limbs made from iron."

"He was just like Mr. Toad [from the "Wind in the Willows" story]," wrote Ochieng, "very arrogant on the road, especially when he had whisky inside. I was not surprised when I learned how he died."
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In my opinion Barack Obama jr is also a menance to life in this country because he is the product of an ongoing mistake. A man who is not capable of being president but has been made to look like he is what the nation needs by the news media. In fact he is just a racist who will help destroy this country through incompetence and his hate for himself.