Day: October 3, 2008

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Nightmare Scenario

Suppose Obama-Biden were to succeed in winning election.

OK, that’s nightmare enough: a flaming Marxist, serial liar, zero accomplishment junior Senator from Dirty Politics Central as President of the United States.

But even worse: suppose–God forbid–something were to happen to incapacitate The Obamassiah? We’d be stuck with Dumbass Blowhard Joe as Chief Exec. *shudder* A fate worse than Dhimmi Katah.

Now, flip that. Suppose McCain-Palin were to succeed. Suppose further that something–God forbid–were to happen to incapacitate John McCain.

*Ahhh* Sarah Palin as president? Color me a happy camper. She’d not necessarily be as good at the job as four or five local folks I know would be, but she’d be immensely better than anyone else on the horizon. Hey! And maybe she’d be able to convince Bobby Jindal to come on board as veep. Not wishing John McCain ill, but frankly the wrong person’s at the top of the ticket.

(Of course, on the Dhimmicrappic side, there’s no right person on the ticket at all, so McCain’s the better choice even all on his lonesome. :-))

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The Voices in my Head

..say to post this. I’ve learned to not argue with them about some things.

1. Practice conception control. The unborn will bless you. *heh*

2. THE most effective conception control practice:

IOW, Just say NO!

Are we clear now?

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Unintended Consequences

Probably. (As Napoleon is said to have opined, “Never attribute to malice that which can be adequately explained by stupidity.)

In the last few weeks, Congress has once again validated two aphorisms:

The eight most dreaded words in the English language are, “I’m from the government; I’m here to help.”

and

“Suppose you were an idiot. And suppose you were a member of Congress. But I repeat myself.”- Mark Twain

(Perhaps I should add another Twainism to the list of aphorisms Congress has recently validated: “There is no native criminal class except Congress.”)

Anywho…

The Community Reinvestment Act of 1977 that was signed into Law by Dhimmi Kahtah had ostensibly good intentions: allow folks who were being redlined (supposedly because of race but actually because they were BAD RISKS) to obtain mortgages for homes. Eventually, this led to

Federal Housing Enterprises Financial Safety and Soundness Act of 1992, passed during a lame duck Repugnican’t presidency by a Dhimmicrappic Congress, ” …required the Federal National Mortgage Association, commonly known as Fannie Mae, and the Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, to devote a percentage of their lending to support affordable housing. This in part, contributed to increased Fannie Mae and Freddie Mac pooling and selling of such loans as securities , (i.e. securitization), and expanded the secondary market for those loans.”*

In part. The 1992 act required “a percentage” of Freddie/Fannie lending to support so-called “affordable housing” but it was in the hands of the Clintoon Administration that the practices accelerating the downfall of mortgage lenders reeally took off. Contra Bubba’s recent disclaimers, “In early 1993 President Clinton proposed new regulations for the CRA which would increase access to mortgage credit for inner city and distressed rural communities.[7] The new rules went into effect on January 31, 1995… “*

And so it goes.

More recently,

“In 2002 there was an inter-agency review of the effectiveness of the 1995 regulatory changes to the Community Reinvestment Act and new proposals were considered. The Federal Deposit Insurance Corporation (FDIC), the Board of Governors of the Federal Reserve System, and the Office of the Controller of the Currency put new regulations into effect September of 2005. The regulations were opposed by a contingent of Democrats because the action ‘undercuts the statutory purpose of the Act for institutions to meet the needs of low and moderate-income persons and communities by OTS.'”*

So, Dhimmis conspired to leave the CRA free to wreak havoc on our financial system by appealing to two base traits shared by many humans: risk avoidance (after all, don’t make those loans to people who might default and you KNOW the Feds are gonna squeeze your privates for “discrimination” or some such bullshit) and greed (“If I have to make these crappy loans, I might as well get as much as I can out of ’em before they go toxic”).

Let me leave you with this video. Watch the whole thing. Yes, the whole thing. Get a cuppa joe or two to help you sit still that long if you’re AADHD or whatever, but WATCH IT!

Now, go watch this one, too.

Do note, America’s Third World County isn’t participating in the CRA-Freddie-Fannie-Wall Street kerfuffle. Sure folks elsewhere are losing their shirts, but around here, the banks are solid (don’t ask about St Louis or KC, though–those places on on another planet far, far removed from America’s Third World County), business and life goes on.

NOTE: I did use Wikipedia for the citations, despite its notoriously uneven content. The key to using Wikipedia wisely is filtering. One must learn a great deal from elsewhere about a subject so that filtering out the B.S. and outright stupidity that frequently creeps into Wikipedia articles–Jerry Pournelle has given up on correcting misstatements of verifiable fact in the biographical Wikipedia article on himself, for example–becomes simply an exercise in doing ones own homework. When, as here, I find a Wikipedia article worth citing because of accuracy and concise treatment, I’ll use it. But that doesn’t happen all that often.

Trackposted to Diary of the Mad Pigeon, , Faultline USA, Woman Honor Thyself, McCain Blogs, The World According to Carl, Shadowscope, Pirate’s Cove, The Pink Flamingo, Leaning Straight Up, Cao’s Blog, and Conservative Cat, thanks to Linkfest Haven Deluxe.

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Stop the Presses! Joe Biden Claims to Have Independent Thought!

*heh* One of the highlights of the veep “debate” was Biden trying to play “Me too!” when Palin riffed on McCain’s openess to her independent thinking on some issues. I could swear I heard Mr. Plagiarism claim The Obamassiah valued his counsel for his independent viewpoint, or something along those lines. Was so shocked I neglected writing it down immediately.

While I really, really do wish Palin had dealt directly with a couple of questions, her method of avoiding them was magnificent. “I’m going to talk to the American people”–great line, especially since it came off as authentic.

Didn’t like her “global warming” response, though it beat Joe “I’ll Repeat Whatever I heard Last” Biden’s dumbass certainty.

Did NOT like her softness on Dhimmicrappic reponsibility for Fannie n Freddie.
1. Every. Single. Piece. Of Frannie and Freddie legislation has been Dhimmicrappic policy pushed by Dhimmicrappic legislators (and weakly, if at all, resisted by Repugnican’t legislators) and

2. signed into law by Dhimmicrappic administrations.

3. Almost all the calls for more stringent regulation and oversight of Fannie and Freddie have come from Repugnican’ts and

4. darned near all the roadblock and rhetoric done to stymie more stringent regulation and oversight of Fannie and Freddie have come from Dhimmicraps.

5. The chief beneficiaries of mismanagement and fraud at Fannie and Freddie have been people like Franklin D. Raines (D-Corruption, D.C.) and Jamie Gorelick (also, D-Corruption, D.C.).

6. Top piggies at the Fannie Mae/Freddie Mac corruption trough? #1 Dodd, Christopher D $165,400; #2 Obama, Barack D $126,349. Gee, at $31,587.25 per year, in only 4 years of part-time Seante “work” The Obamassiah has nearly overtaken “Piggy” Dodd’s couple of decades plus… And that’s not even counting the fact that he only worked part time at the job for a couple of years before taking virtually ALL time off to run for president.

7. Way, way down on the list? #70 McCain, John R $21,550, averaging not quite $900/year for his Senate years.

Would have been nice if those notes had been in her briefing.

But aside from those three weak points, the rest of her showing tonight was pure gold. Connected. “Say it ain’t so, Joe”–yeh, I was waiting for it.

Biden? I almost went ballistic when the “lawyer” royally screwed up Article I of the Constitution (Article I, Section 3), but then he cheated his way through law school, anyway, didn’t he? What. A. Maroon. Wish Palin had had the assurance to call him on that, but her response was actually better.

I was ticking off factual misstatements by Biden and lost track. Fortunately, I decided to stick around and listen to the talking heads and Fox had Fred Thompson and later Karl Rove to list ’em for me. If Only I’d taken notes. *heh* As usual, Biden was full of it. Oh, and lied through his teeth about his “No coal plants here in America” comment. Just flat out lied.

All-in-all, a good showing from Palin. Joe was sweating and I rather wish we’d had another half hour with him under the lights, since he looked like he was starting to lose it toward the end. Would have been fun to watch him with more Bidenisms than simply the many factual misstatements, the one verifiable, outright bald-faced lie and his “Bosniacs” in reference to the people of Bosnia. (How much do you wanna bet no Mass Media Podpeople will mention the “Bosniacs” reference?)

Update: Ace has Biden’s 14 Lies

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