Friday, April 24, 2009

Presidential Poison - His invitation to indict Bush officials will haunt Obama's Presidency.

The most dangerous, radical extremist ever to occupy a position of high executive authority in the history of the United States of America. The man is a National Socialist in the arena of economics - we already knew that - Now if these show trials occur he will duplicate the excess's of Mussolini, Stalin and Hitler.

"Oh that's too far!" you say? What will stop the cycle once our 250 year tradition of not criminalizing policy differences ends? What is it, really, that separates us from tinpot Latin dictatorships? They do, after all, all have constitutions, do they not? Indeed it is our tradition of the rule of law which will be inevitably broken in the process of these NAZI show trials.

Pelosi, Reid, Leahy, Obama himself - they were all briefed on these methods - indeed, they all concurred and wished for even more strenuous techniques to be used. They are traitors to America ladies and gentlemen - nothing less.

The WSJ lays it out, excerpted below...T

Mark down the date. Tuesday, April 21, 2009, is the moment that any chance of a new era of bipartisan respect in Washington ended. By inviting the prosecution of Bush officials for their antiterror legal advice, President Obama has injected a poison into our politics that he and the country will live to regret...

...at least until now, the U.S. political system has avoided the spectacle of a new Administration prosecuting its predecessor for policy disagreements. This is what happens in Argentina, Malaysia or Peru, countries where the law is treated merely as an extension of political power.

If this analogy seems excessive, consider how Mr. Obama has framed the issue. He has absolved CIA operatives of any legal jeopardy, no doubt because his intelligence advisers told him how damaging that would be to CIA morale when Mr. Obama needs the agency to protect the country. But he has pointedly invited investigations against Republican legal advisers who offered their best advice at the request of CIA officials.

"Your intelligence indicates that there is currently a level of 'chatter' equal to that which preceded the September 11 attacks," wrote Assistant Attorney General Jay Bybee, in his August 1, 2002 memo. "In light of the information you believe [detainee Abu] Zubaydah has and the high level of threat you believe now exists, you wish to move the interrogations into what you have described as an 'increased pressure phase.'"

So the CIA requests a legal review at a moment of heightened danger, the Justice Department obliges with an exceedingly detailed analysis of the law and interrogation practices -- and, seven years later, Mr. Obama says only the legal advisers who are no longer in government should be investigated. The political convenience of this distinction for Mr. Obama betrays its basic injustice. And by the way, everyone agrees that senior officials, including President Bush, approved these interrogations. Is this President going to put his predecessor in the dock too?

...(the only thing that has) changed (since Obama's earlier hesitancy) is that Mr. Obama's decision last week to release the interrogation memos unleashed a revenge lust on the political left that he refuses to resist.

...Those officials won't be the only ones who suffer if all of this goes forward. Congress will face questions about what the Members knew and when, especially Nancy Pelosi when she was on the House Intelligence Committee in 2002. The Speaker now says she remembers hearing about waterboarding, though not that it would actually be used. Does anyone believe that? Porter Goss, her GOP counterpart at the time, says he knew exactly what he was hearing and that, if anything, Ms. Pelosi worried the CIA wasn't doing enough to stop another attack. By all means, put her under oath.

Mr. Obama may think he can soar above all of this, but he'll soon learn otherwise. The Beltway's political energy will focus more on the spectacle of revenge, and less on his agenda. The CIA will have its reputation smeared, and its agents second-guessing themselves. And if there is another terror attack against Americans, Mr. Obama will have set himself up for the argument that his campaign against the Bush policies is partly to blame...

...Mr. Obama is more popular than his policies, due in part to his personal charm and his seeming goodwill. By indulging his party's desire to criminalize policy advice, he has unleashed furies that will haunt his Presidency.
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Sunday, March 01, 2009

For the Record - Who Caused the Economic Meltdown?


Answer = The democrats, entirely. Who tried to fix it before the disaster hit? G. W. Bush - that's who.

The video record above shows, in their own words, that George Bush tried to warn Congress, beginning in 2002 and then ongoing until denouement, that this economic crisis was coming, if something was not done.

But congress refused to listen, siding instead with Barney Frank, Chuck Schumer, and Chris Dodd, the latter two leading successful filibusters against reform of Sallie Mae and Freddie Mac, the first leading a public campaign accusing reform minded republicans of "discrimination" and "racism" against low income Americans - when not busy running a male prostitution ring out of his basement...

This video merely states the public record.

No absolution for the Clinton administration either, which promoted and supported these lax lending policies with threats to withhold funding if they they were not implemented, as Freddie and Fannie are federal creations that must conform to their federally appointed boards - Clinton appointees all. Hello, Franklin Raines?!

A warm "F You!" to leftist radical organisations such as Acorn, which lead protests in the streets against these institutions they deemed "not liberal enough" in their lending policies - try standing up to Jesse Jackson when he blackmails your company with the public threat of "racism!"

Community organizers - God help us if one of these fanatic leftist communists ever gets hold of executive power in the United States of America because, well...oh never mind...

A final "stick it where the sun don't shine" to the MSM drive-by press, which knows all of this, and continues to sweep it under the rug in the name of socialism, to the extent that they had Time Warner threaten a lawsuit (proprietary rights) if it was not taken off. This link is of the same video but is routed through Canada.

For the record, everyone...T
special thanks to shallow kitty for the link!

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Friday, November 28, 2008

Some Random Politically-incorrect Reasons to Be Optimistic on Thanksgiving Day

Now that Osama is co opting Bush policies wholesale (Iraq; Tax cuts; Afghanistan; Gitmo; FISA; Patriot Act; Financial bailouts etc...), one wonders if our fair and balanced news media will continue to say we ( and Osama) are racist, fascist, torturing, police state-loving murderers of our own citizens who had the Twin Towers blown up for oil?

...FAT CHANCE.

Oh, and by the way, any possibility they will give Bush credit for keeping us safe for 8 years now, liberating Afghanistan and having the courage and wisdom to turn Iraq into a spectacular success, and a stable democracy at the very heart of the middle east?

...NO WAY. The drive-by's are forever corrupted and discredited, as phony as CO2 driven climate change - great article linked here!

For the record - they won't see us acting like they did the last eight years: crying, whining, and fantasizing about massive conspiracies. No, because we love our country, and want her to succeed. We wish President-Elect Osama well (OK, a little fun is allowed!), and hope for his success.

Take time to follow the link to the full post - It really is VDH at his very best...T

Turning on a dime.

There is such a thing as divine Nemesis, even though the god seems to sleep for long periods. The media violated all the classical cannons of fairness and objectivity in this presidential campaign. Now they are in a dilemma, since most of their long-voiced objections about Bush won’t be operative any more—on matters of taxes, Guantánamo, the bail-outs, FISA, the Patriot Act, Iraq, guns, abortion, capital punishment—inasmuch as Obama suddenly won’t be hoping and changing much of anything, but often leaving things on these issues as they are, while turning management over to the tentacles of the Clinton octopus. The media, in Animal Farm fashion, will have to do a ‘that was then, this is now’ turnabout, as they dream of reasons why Gitmo is not that bad, or why keeping the Bush tax cuts for a bit will stimulate the economy, or why wiretapping on suspected terrorists, on reflection, isn’t really that subversive. And as they reinvent the once evil administration policies, and the formerly Hillary hacks into inspired Obama ideas and experienced and professional Obama appointments, few will believe them. Done, over with—the media has lost credibility and will have to start over from square one. And all that was a much needed development. (PS—after the India nightmare, note the Obama reaction to dismantling the FISA accords, Patriot Act, Guantánamo, and withdrawing from Iraq, as the campaign rhetoric of Bush shredding the Constitution morphs into something like ‘the public will turn on a dime and blame us for criminal laxity if anything like 9/11 happens on our watch.’)

What happened to Iraq?

Lost? Quagmire? Out by March 2008 which was the promise Obama gave when he announced his run in February 2007? General Betray Us? Somehow between Gen. Petraeus’s 2007 congressional testimony (Cf. Hillary’s “suspension of disbelief” slur) and the present calm, the US military essentially won the war. All the front-page stories in our papers that Americans in Iraq were incompetent, barbaric, mercenary, and Hitlerian suddenly ceased, and in their absence there was—nothing? About five times as many Chicagoans died violently in October than did US soldiers in combat in Iraq. Just as the hysteria peaked as gas was supposedly fated to hit $5 a gallon, but silence followed when it descended below $2, and just as we were warned that spiraling home prices had ensured an entire new generation of Americans were shut out of the American dream, and then even greater furor followed when prices fell suddenly and Americans were robbed of their equity, so too with Iraq, which we were to assume, would always be lost, but apparently never won. Like it or not, Gen. Petraeus will compare favorably with generals like Sherman, LeMay, and Ridgway who likewise somehow found victory when failure seemed certain. For all the tragedy and mayhem, the thought that Saddam Hussein is gone and just five years later there is a stable and successful constitutional government in the heart of the ancient caliphate seems as surreal as it is encouraging.
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Monday, November 03, 2008

McCain for President

A travesty for America is in the making. One would think that the 70's, and the success of the Reagan years would have put the lie to LBJ style quasi-socialism. But this guy, Osama Bin Lyin, makes LBJ look like RWR! Anyone who wants to use me as a tax shelter when the communist thugs come to their door, are most welcome ;)...humor is what we will have to rely on, as even Rush may be silenced by these brown shirts...T

Last week I made the open-and-shut case for John McCain: In a dangerous world entering an era of uncontrolled nuclear proliferation, the choice between the most prepared foreign policy candidate in memory vs. a novice with zero experience and the wobbliest one-world instincts is not a close call.

But it's all about economics and kitchen-table issues, we are told. Okay. Start with economics.

Neither candidate has particularly deep economic knowledge or finely honed economic instincts. Neither has any clear idea exactly what to do in the current financial meltdown. Hell, neither does anyone else, including the best economic minds in the world, from Henry Paulson to the head of the European Central Bank. Yet they have muddled through with some success.

Both McCain and Barack Obama have assembled fine economic teams that may differ on the details of their plans but have reasonable approaches to managing the crisis. So forget the hype. Neither candidate has an advantage on this issue.

On other domestic issues, McCain is just the kind of moderate conservative that the Washington/media establishment once loved -- the champion of myriad conservative heresies that made him a burr in the side of congressional Republicans and George W. Bush. But now that he is standing in the way of an audacity-of-hope Democratic restoration, erstwhile friends recoil from McCain on the pretense that he has suddenly become right wing.

Self-serving rubbish. McCain is who he always was. Generally speaking, he sees government as a Rooseveltian counterweight (Teddy with a touch of Franklin) to the various malefactors of wealth and power. He wants government to tackle large looming liabilities such as Social Security and Medicare. He wants to free up health insurance by beginning to sever its debilitating connection to employment -- a ruinous accident of history (arising from World War II wage and price controls) that increases the terror of job loss, inhibits labor mobility and saddles American industry with costs that are driving it (see: Detroit) into insolvency. And he supports lower corporate and marginal tax rates to encourage entrepreneurship and job creation.

An eclectic, moderate, generally centrist agenda in a guy almost congenitally given to bipartisanship.

Obama, on the other hand, talks less and less about bipartisanship, his calling card during his earlier messianic stage. He does not need to. If he wins, he will have large Democratic majorities in both houses. And unlike Clinton in 1992, Obama is no centrist.

What will you get?

(1) Card check, meaning the abolition of the secret ballot in the certification of unions in the workplace. Large men will come to your house at night and ask you to sign a card supporting a union. You will sign.

(2) The so-called Fairness Doctrine -- a project of Nancy Pelosi and leading Democratic senators -- a Hugo Chávez-style travesty designed to abolish conservative talk radio.

(3) Judges who go beyond even the constitutional creativity we expect from Democratic appointees. Judges chosen according to Obama's publicly declared criterion: "empathy" for the "poor or African American or gay or disabled or old" -- in a legal system historically predicated on the idea of justice entirely blind to one's station in life.

(4) An unprecedented expansion of government power. Yes, I know. It has already happened. A conservative government has already partially nationalized the mortgage industry, the insurance industry and nine of the largest U.S. banks.

This is all generally swallowed because everyone understands that the current crisis demands extraordinary measures. The difference is that conservatives are instinctively inclined to make such measures temporary. Whereas an Obama-Pelosi-Reid-Barney Frank administration will find irresistible the temptation to use the tools inherited -- $700 billion of largely uncontrolled spending -- as a once-in-a-lifetime opportunity to radically remake the American economy and social compact.

This is not socialism. This is not the end of the world. It would, however, be a decidedly leftward move on the order of Lyndon Johnson's Great Society. The alternative is a McCain administration with a moderate conservative presiding over a divided government and generally inclined to resist a European social-democratic model of economic and social regulation featuring, for example, wealth-redistributing growth-killing marginal tax rates.

The national security choice in this election is no contest. The domestic policy choice is more equivocal because it is ideological. McCain is the quintessential center-right candidate. Yet the quintessential center-right country is poised to reject him. The hunger for anti-Republican catharsis and the blinding promise of Obamian hope are simply too strong. The reckoning comes in the morning.
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Monday, October 13, 2008

The Coming Liberal Thugocracy

Absolutely frightening, but also absolutely predictable. The left wing lost the battle of ideas in the 70's and they haven't changed yet. They will shout you down, shut you down, even throw you in prison.

This is Michael Barone saying this, people, no right wing agitator he!...be afraid, be very afraid...

Then, though, today we see the Dow up almost 1000 points, largest gain in history, the passing of the credit crisis, Acorn getting caught red handed trying to steal the election and being seen, finally, as a primary cause of said credit crisis, and McCain back in contention, down just 3 or 4 points with a month to go...T

I need you to go out and talk to your friends and talk to your neighbors," Barack Obama told a crowd in Elko, Nev. "I want you to talk to them whether they are independent or whether they are Republican. I want you to argue with them and get in their face." Actually, Obama supporters are doing a lot more than getting into people's faces. They seem determined to shut people up.

That's what Obama supporters, alerted by campaign e-mails, did when conservative Stanley Kurtz appeared on Milt Rosenberg's WGN radio program in Chicago. Mr. Kurtz had been researching Mr. Obama's relationship with unrepentant Weather Underground terrorist William Ayers in Chicago Annenberg Challenge papers in the Richard J. Daley Library in Chicago - papers that were closed off to him for some days, apparently at the behest of Obama supporters.

Obama fans jammed WGN's phone lines and sent in hundreds of protest e-mails. The message was clear to anyone who would follow Mr. Rosenberg's example. We will make trouble for you if you let anyone make the case against The One.

Other Obama supporters have threatened critics with criminal prosecution. In September, St. Louis County Circuit Attorney Bob McCulloch and St. Louis City Circuit Attorney Jennifer Joyce warned citizens that they would bring criminal libel prosecutions against anyone who made statements against Mr. Obama that were "false." I had been under the impression that the Alien and Sedition Acts had gone out of existence in 1801-'02. Not so, apparently, in metropolitan St. Louis. Similarly, the Obama campaign called for a criminal investigation of the American Issues Project when it ran ads highlighting Mr. Obama's ties to Mr. Ayers.

These attempts to shut down political speech have become routine for liberals. Congressional Democrats sought to reimpose the "fairness doctrine" on broadcasters, which until it was repealed in the 1980s required equal time for different points of view. The motive was plain: to shut down the one conservative-leaning communications medium, talk radio. Liberal talk-show hosts have mostly failed to draw audiences, and many liberals can't abide having citizens hear contrary views.

To their credit, some liberal old-timers - like House Appropriations Chairman David Obey - voted against the "fairness doctrine," in line with their longstanding support of free speech. But you can expect the "fairness doctrine" to get another vote if Barack Obama wins and Democrats increase their congressional majorities.

Corporate liberals have done their share in shutting down anti-liberal speech, too. "Saturday Night Live" ran a spoof of the financial crisis that skewered Democrats like House Financial Services Chairman Barney Frank and liberal contributors Herbert and Marion Sandler, who sold toxic-waste-filled Golden West to Wachovia Bank for $24 billion. Kind of surprising, but not for long. The tape of the broadcast disappeared from NBC's Web site and was replaced with another that omitted the references to Mr. Frank and the Sandlers. Evidently NBC and its parent, General Electric, don't want people to hear speech that attacks liberals.

Then there's the Democrats' "card check" legislation that would abolish secret ballot elections in determining whether employees are represented by unions. The unions' strategy is obvious: Send a few thugs over to employees' homes - we know where you live - and get them to sign cards that will trigger a union victory without giving employers a chance to be heard.

Once upon a time, liberals prided themselves, with considerable reason, as the staunchest defenders of free speech. Union organizers in the 1930s and 1940s made the case that they should have access to employees to speak freely to them, and union leaders like George Meany and Walter Reuther were ardent defenders of the First Amendment.

Today's liberals seem to be taking their marching orders from other quarters. Specifically, from the college and university campuses where administrators, armed with speech codes, have for years been disciplining and subjecting to sensitivity training any students who dare to utter thoughts that liberals find offensive. The campuses that once prided themselves as zones of free expression are now the least free part of our society.

Obama supporters who found the campuses congenial and Mr. Obama himself, who has chosen to live all his adult life in university communities, seem to find it entirely natural to suppress speech they don't like and seem utterly oblivious to claims this violates the letter and spirit of the First Amendment. In this campaign, we have seen the coming of the Obama thugocracy, suppressing free speech, and we may see its flourishing in the four or eight years ahead.
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Sunday, October 12, 2008

Proof positive who's responsible for the Crisis


Not a single democrat signed this letter or voted for this bill. In fact, it never made it to the Senate floor - it was blocked in committee by the minority democrats. They wanted "fairness" and "equity" after all...liberalism doesn't work, it never has. But it feels so good...

Note - Clicking on this letter opens it in large font in a new window.

Thanks to Cartoon Nazi for this...T

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Monday, October 06, 2008

President Bush's resignation speech

Whatever our feelings about this president, it's obvious to all of us that his job, never easy, is today a crucible of frustration, vituperation, condemnation, lowered public approval and even downright opposition from some in his own party. I'm thinking that, though he has not uttered words like these, there are times President Bush might very much want to: (ps - thanks to the author!...T)


Normally, I start these things out by saying, "My fellow Americans."

Not doing it this time. If the polls are any indication, I don't know who more than half of you are anymore.

I do know something terrible has happened, and that you're really not fellow Americans any longer.
I'll cut right to the chase here: I quit. Now before anyone gets all in a lather about me quitting to avoid impeachment, or to avoid prosecution or something, let me assure you: There's been no breaking of laws or impeachable offenses in this office.

The reason I'm quitting is simple: I'm fed up with you people.

I'm fed up because you have no understanding of what's really going on in the world – or of what's going on in this once-great nation of ours. And the majority of you are too damn lazy to do your homework and figure it out.

Let's start local. You've been sold a bill of goods by politicians and the news media. Polls show that the majority of you think the economy is in the tank. And that's despite record numbers of homeowners, including record numbers of minority homeowners. And while we're mentioning m minorities, I'll point out that minority business ownership is at an all-time high. Our unemployment rate is as low as it ever was during the Clinton administration. I've mentioned all those things before, but it doesn't seem to have sunk in.

Despite the shock to our economy of 9/11, the stock market has rebounded to record levels, and more Americans than ever are participating in these markets. Meanwhile, all you can do is whine about gas prices, and most of you are too damn stupid to realize that gas prices are high because there's increased demand in other parts of the world, and because a small handful of noisy idiots are more worried about polar bears and beachfront property than your economic security.

We face real threats in the world. Don't give me this "blood for oil" thing. If I were trading blood for oil, I would've already seized Iraq's oil fields and let the rest of the country go to hell. And don't give me this "Bush Lied; People Died" crap either. If I were the liar you morons take me for, I could've easily had chemical weapons planted in Iraq so they could be "discovered." Instead, I owned up to the fact that the intelligence was faulty.

Let me remind you that the rest of the world thought Saddam had the goods, same as me. Let me also remind you that regime change in Iraq was official U.S. policy before I came into office. Some guy named Clinton established that policy. Bet you didn't know that, did you?

You idiots need to understand that we face a unique enemy. Back during the Cold War, there were two major competing political and economic models squaring off. We won that war, but we did so because fundamentally the Communists wanted to survive, just as we do. We were simply able to outspend and out-tech them.

That's not the case this time. The soldiers of our new enemy don't care if they survive. In fact, they want to die. That'd be fine, as long as they weren't also committed to taking as many of you with them as they can. But they are. They want to kill you, and the bastards are all over the globe.

You should be grateful they haven't gotten any more of us here in the United States since Sept. 11. But you're not. That's because you've got no idea how hard a small number of intelligence, military, law enforcement and homeland security people have worked to make sure of that. When this whole mess started, I warned you that this would be a long and difficult fight. I'm disappointed how many of you people think a long and difficult fight amounts to a single season of "Survivor."

Instead, you've grown impatient. You're incapable of seeing things through the long lens of history, the way our enemies do. You think that wars should last a few months, a few years, tops.

Making matters worse, you actively support those who help the enemy. Every time you buy the New York Times, every time you send a donation to a cut-and-run Democrat's political campaign, well, dang it, you might just as well FedEx a grenade launcher to a jihadist. It amounts to the same thing.

In this day and age, it's easy enough to find the truth. It's all over the Internet. It just isn't on the pages of the New York Times or on NBC News. But even if it were, I doubt you'd be any smarter. Most of you would rather watch "American Idol."

I could say more about your expectations that the government will always be there to bail you out, even if you're too stupid to leave a city that's below sea level and has a hurricane approaching.

I could say more about your insane belief that government, not your own wallet, is where the money comes from. But I've come to the conclusion that were I to do so, it would sail right over your heads.

So I quit. I'm going back to Crawford; I've got an energy-efficient house down there (Al Gore could only dream) and the capability to be fully self-sufficient. No one ever heard of Crawford before I got elected, and as soon as I'm done here pretty much no one will ever hear of it again. Maybe I'll be lucky enough to die of old age before the last pillars of America fall.

Oh, and by the way, Cheney's quitting, too. That means Pelosi is your new president. You asked for it. Watch what she does carefully, because I still have a glimmer of hope that there are just enough of you remaining who are smart enough to turn this thing around in 2008.

So that's it. God bless what's left of America. Some of you know what I mean. The rest of you, kiss off.

PS - You might want to start learning Farsi, and buy a Koran.

HOW FANNIE MAE & THE CLINTON ADMINISTRATION STARTED THIS FINANCIAL MESS

This is from the New York Times, Izvestia of the American left...Proof positive that the Clinton Administration is directly responsible for this crisis, and liberalism in general the root cause. What a surprise, the press seems to have accidentally overlooked it!...T (ps - don't forget to note the date!)

September 30, 1999 - New York Times
- Fannie Mae Eases Credit To Aid Mortgage Lending



In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders.

The action, which will begin as a pilot program involving 24 banks in 15 markets -- including the New York metropolitan region -- will encourage those banks to extend home mortgages to individuals whose credit is generally not good enough to qualify for conventional loans. Fannie Mae officials say they hope to make it a nationwide program by next spring.

Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits.

In addition, banks, thrift institutions and mortgage companies have been pressing Fannie Mae to help them make more loans to so-called subprime borrowers. These borrowers whose incomes, credit ratings and savings are not good enough to qualify for conventional loans, can only get loans from finance companies that charge much higher interest rates -- anywhere from three to four percentage points higher than conventional loans.

''Fannie Mae has expanded home ownership for millions of families in the 1990's by reducing down payment requirements,'' said Franklin D. Raines, Fannie Mae's chairman and chief executive officer. (Authors note: this man was Clinton Budget director before he was appointed CEO with absolutely no experience in financial markets whatsoever by Bill Clinton...T) ''Yet there remain too many borrowers whose credit is just a notch below what our underwriting has required who have been relegated to paying significantly higher mortgage rates in the so-called subprime market.''

Demographic information on these borrowers is sketchy. But at least one study indicates that 18 percent of the loans in the subprime market went to black borrowers, compared to 5 per cent of loans in the conventional loan market.

(Read this!!!...T)In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and loan industry in the 1980's.

''From the perspective of many people, including me, this is another thrift industry growing up around us,'' said Peter Wallison a resident fellow at the American Enterprise Institute. ''If they fail, the government will have to step up and bail them out the way it stepped up and bailed out the thrift industry.''

Under Fannie Mae's pilot program, consumers who qualify can secure a mortgage with an interest rate one percentage point above that of a conventional, 30-year fixed rate mortgage of less than $240,000 -- a rate that currently averages about 7.76 per cent. If the borrower makes his or her monthly payments on time for two years, the one percentage point premium is dropped.

Fannie Mae, the nation's biggest underwriter of home mortgages, does not lend money directly to consumers. Instead, it purchases loans that banks make on what is called the secondary market. By expanding the type of loans that it will buy, Fannie Mae is hoping to spur banks to make more loans to people with less-than-stellar credit ratings.

Fannie Mae officials stress that the new mortgages will be extended to all potential borrowers who can qualify for a mortgage. But they add that the move is intended in part to increase the number of minority and low income home owners who tend to have worse credit ratings than non-Hispanic whites.
Home ownership has, in fact, exploded among minorities during the economic boom of the 1990's. The number of mortgages extended to Hispanic applicants jumped by 87.2 per cent from 1993 to 1998, according to Harvard University's Joint Center for Housing Studies. During that same period the number of African Americans who got mortgages to buy a home increased by 71.9 per cent and the number of Asian Americans by 46.3 per cent.

In contrast, the number of non-Hispanic whites who received loans for homes increased by 31.2 per cent.

Despite these gains, home ownership rates for minorities continue to lag behind non-Hispanic whites, in part because blacks and Hispanics in particular tend to have on average worse credit ratings.

In July, the Department of Housing and Urban Development proposed that by the year 2001, 50 percent of Fannie Mae's and Freddie Mac's portfolio be made up of loans to low and moderate-income borrowers. Last year, 44 percent of the loans Fannie Mae purchased were from these groups.

The change in policy also comes at the same time that HUD is investigating allegations of racial discrimination in the automated underwriting systems used by Fannie Mae and Freddie Mac to determine the credit-worthiness of credit applicants.

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MAINSTREAM MEDIA IS A JOKE!

The Drive-By's have never been as contemptible as this year - it's as if EVERY MSM'er had morphed into Dan Rather of 2004, but proudly so, and without shame...T (note - thanks Splugy!)


Listening to the mainstream media these last few days I've learned a few things about the GOP's VP nominee but also had to learn a few things on my own. To wit:

1. From the media I learned Sarah Palin's husband has a DUI conviction from 22 years ago. On my own I learned that Ted Kennedy (hero of last week's tribute at the DNC) was drunk while driving a car off a bridge in Chappaquiddick. That same crash killed a young campaign volunteer with whom he was having an affair. Oh, and that woman was pregnant with his child. * Mr. Palin's (who is not running for office) DUI came a mere 4 years after Barack Obama (who is running for president) stopped using cocaine and marijuana (by his own admission in his autobiography).

- Shocking - it's OK for the presidential candidate to use drugs or the party patriarch to kill someone while driving drunk yet the husband of a VP candidate should be demonized for something done 22 years ago.

2. From the media I learned that Sarah Palin's daughter is pregnant. * On my own I learned that Joe Biden's (the other VP candidate) son was paid a large amount of money as a consultant to credit card company MBNA. That same company had business before Senator Joe Biden concerning regulation of consumer credit practices. After the company paid a hefty sum to Mr. Biden's son, he voted in favor of legislation to help that company.* That same son, Hunter, is also engaged in a legal investigation and suitfor defrauding a former business partner

- Shocking - it's a crime for the republican VP candidate to have a child who's pregnant even though it's irrelevant to how she performs her job. It's ok, however, for the democrat VP candidate while a senator to vote in favor of a company who paid his son over a quarter of a million dollars.

3 . From the media I learned that Sarah Palin should be considered "selfish" for agreeing to run for VP knowing about her daughter's condition. Knowing that her public role would bring extra scrutiny on thefamily is selfish and she should have declined to protect her child (actually heard this on ABC this weekend).

- Strange - the same people who said Sarah is selfish for running for VP did not seem to care about any impact on Chelsea when Bill Clinton had his alliance with Monica Lewinsky. That was a private, personal matter you see.

4. From the media I have learned to be "concerned" that Sarah Palin probably won't be able to manage her family and do an effective job of being VP at the same time.

- Funny - I never heard anything about Hillary's ability to support Chelsea while re-doing healthcare or any of the other feminist icons who say you can balance work and family. They also never mention that Barack will have to balance time with his children while meeting with heads of rogue nations or how Joe Biden's kids don't even have a mom and will be fighting for his time while he hosts white house coffee fundraisers and sells nights in the Lincoln bedroom.

5. From the media I have learned that Sarah Palin is "too inexperienced" to be a heartbeat-away from the presidency. * Apparently taking on corruption in your own party and running a state that's the same size people-wise as Delaware (hint hint: that's where Joe Biden is from) is not really experience.

- * However, time spent as a "community organizer" and less than 180 days in the senate where you've authored no significant legislation is just the type of "change" we're looking for from the top of the ticket. Funny - inexperience at the top of the ticket is a mantra for "change" and "hope" while strong practical everyday experience as the #2 is cause for concern.

6. From the media I learned that Sarah Palin's husband once got a ticket for fishing without a license.

- * I haven't heard much about the fact that if he were still a practicing attorney, the VP candidate Joe Biden would be disbarred for plagiarism not once but multiple times. It's ok to break the rules if you're a democrat candidate but not Ok if you are the spouse of a republican candidate.

7. From the media I learned that Sarah Palin doesn't know much about Iraq; in fact we wonder if she even knows where it is.

- * Sarah's son volunteered into the US military and is now deployed in Iraq. I guess that doesn't count. Sarah has spent more time with troops in Iraq (as commander of the Alaska National Guard she visited Iraq last year) than Obama has even while running for president. In fact, when Sarah went to Iraq she spent time with the troops. When Obama went there, he skipped a base visit to instead go work out at the Ritz Carlton.

8. From the media I l earned that Sarah Palin is a "lightweight" and she better be a "quick study" to keep up with this team.

- Funny, nobody is talking about how, after Barack Obama had "visited 57 states" according to him he only had "5 more to go" or endless other stupid gaffes that expose who he really is.

9. From the media I have learned that (gasp!), Sarah Palin's husband was once a registered member of a 3rd party that favored states' rights (man,this is really bad stuff).

- * That same media has been silent to the story that when Barack Obama announced his first senate run, he did so in the home of William Ayers. Mr. Ayers is an un-repentant terrorist convicted for bombing the pentagon. This same Mr. Ayers said on 9/11 that he and his group did not do enough to harm our military and he wished he had done more. During the same time as that comment, he was serving on a board with Barack Obama. All notes and information about their serving together is now locked up by the corrupt Chicago machine and reporter access to those records are being blocked by the Obama campaign.

If we've had any doubts about the bias of the media, it's pretty clear now where they stand.
Pass this on to some of your friends who are on the fence and who get all their information from Katie Couric, Wolf Blitzer, Tom Brokaw and the gang. This is egregious and corrupt. The only way to stop it is to spread information using other outlets and make these guys irrelevant.

Tuesday, September 30, 2008

Bailout Politics

This from probably THE most respected economist of the last 30 years, now that Milton Friedman has passed on. He doesn't want this bailout, so why should we? Sure some type of Credit market liquidity act must be passed, but not this one! This is like subsidizing a convicted bank robber, just because he got it wrong the 1st time! The paragraph below tells you all you need to know about how utterly corrupted the drive-by's have become. Socialism Redux is NOT the answer friends!...T

"The roots of this problem go back many years, but since the crisis to which all this led happened on George W. Bush’s watch, that is enough for those who think in terms of talking points, without wanting to be confused by the facts.

In reality, President Bush tried unsuccessfully, years ago, to get Congress to create some regulatory agency to oversee Fannie Mae and Freddie Mac. N. Gregory Mankiw, his Chairman of the Council of Economic Advisers, warned in February 2004 that expecting a government bailout if things go wrong “creates an incentive for a company to take on risk and enjoy the associated increase in return.”

Nothing could more painfully demonstrate what is wrong with Congress than the current financial crisis.

Among the Congressional “leaders” invited to the White House to devise a bailout “solution” are the very people who have for years created the risks that have now come home to roost.

Five years ago, Barney Frank vouched for the “soundness” of Fannie Mae and Freddie Mac, and said “I do not see” any “possibility of serious financial losses to the treasury.”

Moreover, he said that the federal government has “probably done too little rather than too much to push them to meet the goals of affordable housing.”

Earlier this year, Senator Christopher Dodd praised Fannie Mae and Freddie Mac for “riding to the rescue” when other financial institutions were cutting back on mortgage loans.

He too said that they “need to do more” to help subprime borrowers get better loans.In other words, Congressman Frank and Senator Dodd wanted the government to push financial institutions to lend to people they would not lend to otherwise, because of the risk of default.

The idea that politicians can assess risks better than people who have spent their whole careers assessing risks should have been so obviously absurd that no one would take it seriously.

But the magic words “affordable housing” and the ugly word “redlining” led to politicians directing where loans and investments should go, with such things as the Community Reinvestment Act and various other coercions and threats.

The roots of this problem go back many years, but since the crisis to which all this led happened on George W. Bush’s watch, that is enough for those who think in terms of talking points, without wanting to be confused by the facts.

In reality, President Bush tried unsuccessfully, years ago, to get Congress to create some regulatory agency to oversee Fannie Mae and Freddie Mac.

N. Gregory Mankiw, his Chairman of the Council of Economic Advisers, warned in February 2004 that expecting a government bailout if things go wrong “creates an incentive for a company to take on risk and enjoy the associated increase in return.”

Since risky investments usually pay more than safer investments, the incentive is for a government-supported enterprise to take bigger risks, since they get more profit if the risks pay off and the taxpayers get stuck with the losses if not.

The government does not guarantee Fannie Mae or Freddie Mac, but the widespread assumption has been that the government would step in with a bailout to prevent chaos in financial markets.

Alan Greenspan, then head of the Federal Reserve System, made the same point in testifying before Congress in February 2004. He said: “The Federal Reserve is concerned” that Fannie Mae and Freddie Mac were using this implicit reliance on a government bailout in a crisis to take more risks, in order to “multiply the profitability of subsidized debt.”

Chairman Greenspan added his voice to those urging Congress to create a “regulator with authority on a par with that of banking regulators” to reduce the riskiness of Fannie Mae and Freddie Mac, a riskiness ultimately borne by the taxpayers.

Fannie Mae and Freddie Mac do not deserve to be bailed out, but neither do workers, families and businesses deserve to be put through the economic wringer by a collapse of credit markets, such as occurred during the Great Depression of the 1930s.

Neither do the voters deserve to be deceived on the eve of an election by the notion that this is a failure of free markets that should be replaced by political micro-managing.

If Fannie Mae and Freddie Mac were free market institutions they could not have gotten away with their risky financial practices because no one would have bought their securities without the implicit assumption that the politicians would bail them out.

It would be better if no such government-supported enterprises had been created in the first place and mortgages were in fact left to the free market. This bailout creates the expectation of future bailouts.

Phasing out Fannie Mae and Freddie Mac would make much more sense than letting politicians play politics with them again, with the risk and expense being again loaded onto the taxpayers.

Thomas Sowell is a senior fellow at the Hoover Institution.
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Friday, September 26, 2008

Clinton caught with Smoking Gun in Hand

Look at the date in this article – and then, look who pressured Fannie Mae into their bad loaning habits…..hmmmmmmmm...T (Thanks Splugy for this!...)

September 30, 1999

Fannie Mae Eases Credit To Aid Mortgage Lending

By STEVEN A. HOLMES

In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders.

The action, which will begin as a pilot program involving 24 banks in 15 markets -- including the New York metropolitan region -- will encourage those banks to extend home mortgages to individuals whose credit is generally not good enough to qualify for conventional loans. Fannie Mae officials say they hope to make it a nationwide program by next spring.

Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits.

In addition, banks, thrift institutions and mortgage companies have been pressing Fannie Mae to help them make more loans to so-called subprime borrowers. These borrowers whose incomes, credit ratings and savings are not good enough to qualify for conventional loans, can only get loans from finance companies that charge much higher interest rates -- anywhere from three to four percentage points higher than conventional loans.

''Fannie Mae has expanded home ownership for millions of families in the 1990's by reducing down payment requirements,'' said Franklin D. Raines, Fannie Mae's chairman and chief executive officer. ''Yet there remain too many borrowers whose credit is just a notch below what our underwriting has required who have been relegated to paying significantly higher mortgage rates in the so-called subprime market.''

Demographic information on these borrowers is sketchy. But at least one study indicates that 18 percent of the loans in the subprime market went to black borrowers, compared to 5 per cent of loans in the conventional loan market.

In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and loan industry in the 1980's.

''From the perspective of many people, including me, this is another thrift industry growing up around us,'' said Peter Wallison a resident fellow at the American Enterprise Institute. ''If they fail, the government will have to step up and bail them out the way it stepped up and bailed out the thrift industry.''

Under Fannie Mae's pilot program, consumers who qualify can secure a mortgage with an interest rate one percentage point above that of a conventional, 30-year fixed rate mortgage of less than $240,000 -- a rate that currently averages about 7.76 per cent. If the borrower makes his or her monthly payments on time for two years, the one percentage point premium is dropped.

Fannie Mae, the nation's biggest underwriter of home mortgages, does not lend money directly to consumers. Instead, it purchases loans that banks make on what is called the secondary market. By expanding the type of loans that it will buy, Fannie Mae is hoping to spur banks to make more loans to people with less-than-stellar credit ratings.

Fannie Mae officials stress that the new mortgages will be extended to all potential borrowers who can qualify for a mortgage. But they add that the move is intended in part to increase the number of minority and low income home owners who tend to have worse credit ratings than non-Hispanic whites.

Home ownership has, in fact, exploded among minorities during the economic boom of the 1990's. The number of mortgages extended to Hispanic applicants jumped by 87.2 per cent from 1993 to 1998, according to Harvard University's Joint Center for Housing Studies. During that same period the number of African Americans who got mortgages to buy a home increased by 71.9 per cent and the number of Asian Americans by 46.3 per cent.

In contrast, the number of non-Hispanic whites who received loans for homes increased by 31.2 per cent.

Despite these gains, home ownership rates for minorities continue to lag behind non-Hispanic whites, in part because blacks and Hispanics in particular tend to have on average worse credit ratings.

In July, the Department of Housing and Urban Development proposed that by the year 2001, 50 percent of Fannie Mae's and Freddie Mac's portfolio be made up of loans to low and moderate-income borrowers. Last year, 44 percent of the loans Fannie Mae purchased were from these groups.

The change in policy also comes at the same time that HUD is investigating allegations of racial discrimination in the automated underwriting systems used by Fannie Mae and Freddie Mac to determine the credit-worthiness of credit applicants.

Tuesday, September 16, 2008

Democratic War Room - The Palin Effect

Hidden footage from the bunker...T

Reaching Critical Mass - The Accelerating Collapse of the Obama Campaign

He's going down, people. I can't agree more with VDH here. It is their arrogance and transparent elitism, combined with their fanatical left wing zealotry that has done in Osama and his socialist, America detesting cabal. Palin has rallied the base, but Osama has none to blame but himself.

Rasmussen, Real Clear Politics, and Michael Barone all now show McCain has surpassed the 270 Electoral votes needed for victory...T

The sudden change in the polls the last 10 days, even though it may be temporary, has prompted a furor in the media that has no parallel in modern election history. Vicious words like "treason", "abasement", "liar", and "lying" are in the air now in an unheralded attack on McCain, often in association with the sex education ad, and the lipstick identification with Palin as a pig. (cf. e.g., Washington Post columnist Richard Cohen today). But as Byron York has shown, that ad alleging that Obama supported detailed information about matters of sex to be disseminated to younger children (for a variety of educational reasons), while tough and unnecessary, was nevertheless not a lie.

And as far as the silly lipstick moment, if one studies the tape carefully as Obama lets go with his similes, it is clear that the hooting audience at least seemed to make the association with Palin, and the further elaboration on a stinky old fish seemed to cement the allusion to McCain.

What otherwise are we to think of this silly controversy?— (a) a candidate is complaining about McCain and Palin; (b) in his exasperation the candidate next uses two metaphors (not 1, not 3) — (c) one to a pig with lipstick (after Palin had famously just used a lipstick/animal metaphor in her speech), and (d) a second one to an old fish — a theme of the Obama campaigning has been to suggest McCain is "losing his bearings", "confused", has "lost track", and "couldn't remember."

But from anger at those two inconsequential ads, and the selection of Palin, Washington Post columnist Richard Cohen, for example, makes a rather large leap to this conclusion:

... the lies of Vietnam and Watergate and Iraq. So many lies. Who believes that in Afghanistan last month only five civilians were killed by the American military, instead of the approximately 90 claimed by the Afghan government? Not me. I first gave up on the military during Vietnam and then again when it covered up the death of Pat Tillman, the Army Ranger and former NFL player who was killed in 2004 by friendly fire.

What does "give up on the military" mean, and what does it have to do with a McCain ad reminding voters of the difference between Obama and himself on the appropriate age to introduce children to sex education learning materials?

What we are seeing is a sort of meltdown in which the selection of Palin is associated with the first real possibility all summer that the messianic Obama may not necessarily ascend; that triggers a certain repulsion toward her in particular, and a general furor at the once likeable McCain (once likeable to present-day Obama's supporters in the past sense that in 2000 he was going to lose, perhaps divide Republicans, and was not George Bush), which, in turn, can conjure up all sorts of no longer latent demons, going back to Vietnam onto to Iraq and the ongoing war in Afghanistan.

The problem (inter alia) with this vicious, loose use of "traitor" and "lie/liar/lying" and blanket condemnations of the US military is that it achieves the opposite of what the authors intend — and repelling most readers to such a degree that they are scared off from anything the writer seems to be advocating.

We've seen that with the Atlantic Monthly pictures and blog rumors about Palin's recent Down Syndrome pregnancy, the unhinged hatred columns of the sort of a Salon's Cintra Wilson or those suggesting riots or global hatred of the U.S. if Obama loses, the Matthews/Olbermann rants, the daily salvos from the NY Times columnists,and the hourly Palin rage from spoiled Hollywood prima donnas.

Do they have any idea of how they sound or where this leads? Despite an unpopular incumbent, economic upheaval, unpopular wars, and a charismatic Democratic candidate, the media, hand in glove with Obama's messianic sense of self, are doing all they can to lose a once sure election by the sheer repugnance of the way in which their anger is expressed and expressed and expressed . . .

And again, it seems uncontrollable. Didn't anyone learn from the General Betray-Us ads?
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Thursday, September 11, 2008

Lipstick on a Buffoon


The more apt usage...T
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Monday, August 04, 2008

Drive-By Swoon Continues - Oh Obama!



Extraordinary compilation of the Drive-by MSM's obsession with destroying republicans at all costs and the dismal toll these dolts have taken in the court of public opinion as a result. It's going to be a long three months before we can consign Iraq Insane Osama to the ash bin of history! Thanks to LGF for the link...T
Video Source

Saturday, June 30, 2007

Of Tax Cuts and Terror - New York's former mayor makes his case to be Reagan's heir

You all know I support Rudy for president - now please take a moment and read this interview with the WSJ, encapsulated below, and in toto here: http://www.opinionjournal.com/extra/?id=110010280
He'll make an outstanding president...T

"I think the American people in November 2008 are going to select the person they think is strongest to defend America against Islamic terrorism. And it is not going to focus on--as some of the media wants it--just Iraq. I think Americans are smarter than that."

Thus did Rudy Giuliani summarize the rationale for his presidential campaign at a meeting this week with the editorial board of the Journal. Next year's election will be about national security, not about Iraq narrowly defined.

In an hour-long conversation in our offices in lower Manhattan, the former New York City mayor sat facing away from the view of Ground Zero below, but 9/11 was very much in the front of his mind. A few minutes into the interview, he paused midsentence, gestured over his shoulder and looked down at his hands. "Coming down here just fills me with memories," he offered. "I can't come here without thinking about what happened that day."

Mr. Giuliani has been accused of playing the 9/11 card for political gain, and he did not shy from discussing his role after the terrorist attacks on that day and its effect on his worldview. But he defied the caricature of a man who intends to beat the 9/11 drum all the way to the White House.

His views on foreign and domestic policy were cogent and delivered with the take-it-or-leave-it confidence that is as refreshing to his backers as it is infuriating to his opponents, both now and when he was mayor. "Leadership," he told us, "is first figuring out what's right, and then explaining it to people, as opposed to first having people explain to you what's right, and then just saying what they want to hear."

Mr. Giuliani is often referred to as a "moderate" Republican, which is true if it means simply that he doesn't follow the party line on certain issues, such as abortion. But there is very little else about him that qualifies for the label. "I am," he told us, "by all objective measures the most fiscally conservative candidate in the race." On domestic policy, he says he wants to shrink the government's share of the economy and increase the private sector's. Tax rates "should be lower" and our health-care system ought to be "move[d] away from the paternalistic model" that we have now.

This is not big-government conservatism. George W. Bush, he tells us, "was not good on spending," although he adds that Congress wasn't very good on spending, either. "I think that it's one of the primary reasons [the Republicans] lost Congress in 2006."

When it comes to the war on terror, "defending America" means "remaining on offense." More particularly, it means "using the Patriot Act, electronic surveillance and interrogation techniques that are legal but aggressive." Of Guantanamo Bay, he says, "I don't think we should close Guantanamo."

These, then, are the talking points. But in order to discover whether there was more to his national-security credentials than merely being "America's mayor" on 9/11, we pressed him on how a President Giuliani would handle a current foreign-policy crisis such as Iran. His answer revealed a discursive style that was on display throughout the meeting, and which can only be demonstrated by quoting from his reply at some length.

He started by explaining how he understands the problem, before getting around to how it ought to be handled: "Well, I think that if we've learned any lessons from the history of the 20th century, one of the lessons we should learn is [to] stop trying to psychoanalyze people and take them at their word.

"If we had taken Hitler at his word, Stalin at his word, I think we would have made much sounder decisions and saved a lot more lives. I don't know why we have to think that [Iranian President Mahmoud] Ahmadinejad doesn't mean what he says. Therefore, the more cautious, prudent way to react to it is, he means what he says.

"The second thing is . . . we shouldn't be surprised that he's emerged in Iran. Iran has been like that since the Ayatollah took over. So, they are an irresponsible regime."
With that by way of preamble, he answered the question: "America's approach should begin with the clear statement that we will not allow him to become a nuclear power. And everybody should know that, including your allies, that that's not a solution American will tolerate, because it would be too dangerous for us to put nuclear weapons in the hands of people who say the things he says and have done the things they've done."

OK, but it's one thing to say we will "not allow" a nuclear Iran, it's another to be prepared to do something about it. Does not allowing him to become a nuclear power include taking military action against Iran, if necessary? The answer comes quickly: "Whatever is necessary."

So, what are the odds that we can avoid military confrontation with Iran over its nuclear program? "It all depends on their evaluation of the American president. If they think that they have an American president that's going to be ambiguous and worry about this stuff--kind of a John Kerry type who is going to worry what Europe thinks--they're going to be more likely to take advantage of it."

Call it peace through strength. "If," on the other hand, "they believe that an American president will utilize any steps necessary to stop them from becoming nuclear, there is a much better chance that the sanctions will work, because you have leverage--and in a strange way, I think that a much better chance the sanctions will work because our allies, or semi-allies [like Russia and China], will have an incentive for making them work, because they don't want that [military action] to happen."

Asked whether he thinks the Bush administration is doing enough to address the Iranian situation, he says he "probably would prefer somewhat stronger language. What I really want to know is what's the bottom line--and I don't know the answer to that." He argues that, in this case, making the administration's bottom line public and explicit would help bring the Iranians around because they could no longer delude themselves that they might get away with going nuclear without paying a high price.

So much for Iran. How does Mr. Giuliani rate the current administration's handling of Iraq? "The plan for how to stabilize Iraq certainly wasn't a good one. And then there wasn't a quick enough reaction to the facts on the ground that showed you that it wasn't a good one. So I kind of look at that as, if you come into office and it's still there, you've got to try to straighten it out and you have to try to learn from it in the future." He's not a cut-and-run man, in other words.

The current fashion in Iraq war criticism is to say that America can't make any headway unless the Iraqis come to a political accommodation with each other, so America should step aside until that is accomplished. Mr. Giuliani looks at it through the lens of his time as mayor, and believes that America has to provide security before anything like a functioning society or government can emerge.

"Maybe having been a mayor I can see some of this better. By that I mean, if you've got to create a democracy, democracy is only a theory that doesn't mean very much when people live in fear. I used to say that about crime in New York, that the most important civil right is being safe. . . . It doesn't matter if you have other civil rights if you can't go out at night. . . . So if you're going to create an election in Iraq when the infrastructure of that society has crumbled--which means people can't go to work, people can't go out, more people are being killed than used to be the case, right in front of you--then democracy is a theory down the road, but your life has disintegrated. I don't think we saw our responsibility clearly enough at the beginning to keep up the infrastructure of Iraq."

It's too soon to ask any candidate what they would do about Iraq if elected--we know too little about what the state of play will be in January 2009. But when asked what his response is to those Republicans who are concerned that continuing to support the war will cost them seats in the Senate in November 2008, his answer is concise: "I'd tell them that getting this right is much more important than winning Senate seats."

On the home front, it's no surprise that Mr. Giuliani, a law-enforcement man for decades, believes we need the Patriot Act, the NSA wiretapping program and the rest of the war-fighting architecture that has been built up under President Bush. But when you dig a little deeper, Mr. Giuliani, a public servant nearly all of his adult life, sounds a lot more like the CEO president that George Bush was billed as than Mr. Bush has proved to be. He seems to think less in terms of "initiatives" than in terms of quantification, analysis and information. "I'd want an evaluation about how accurate are we [in identifying threats]. Are we 70%, 80%, 90% accurate? Can we sit down, and do we have on paper the leading groups? Do we have the primary actors? Are we evaluating whether our intelligence is improving? How effective are we being in finding them?"

This focus on methods carries more weight coming from Mr. Giuliani because of the results he achieved using it to bring down crime in New York City. Identify the problem, quantify it, isolate it and fight it. He admits that, as a private citizen, he doesn't have enough information about how much of this we're doing right now. But it's illustrative of his way of thinking about problems that what he thinks we need are metrics by which to measure all these things.

Likewise on government reform. He announced in a speech earlier this week that he would plan to replace only half of the 300,000 civil servants due to retire over the next decade. In his visit to the Journal's offices, he said he'd like to see every government agency try to identify ways to be more efficient every year. "You task them with--sort of like [former GE CEO] Jack Welch's approach, to always get rid of the bottom 10%--you task them every year to find 5%, 10% in savings, or 15% or 20% . . . It's to save money, but it's also a discipline that has them going to their agency and figure out what is not efficient--what isn't working. We haven't done that since Reagan."

Mr. Giuliani likes to quantify. In place of a platform, he has 12 "commitments," which he has printed up on a card (they are also on his campaign Web site). He freely admits that, political reality being what it is, he would consider it a victory to "achieve seven or eight of them."

Mr. Giuliani invoked Ronald Reagan's name repeatedly, and always as a model. There is an element of political calculation in that--Mr. Giuliani is trying to reassure the so-called cultural conservatives that if they liked Reagan, they'll love Rudy. But can he overcome the perception that he's a culturally liberal, pro-choice New Yorker who's to the left of his own party on a number of issues? He says that his differences with the party on cultural issues are "sometimes exaggerated for political purposes."

On Roe v. Wade, he says, astutely, "I don't answer that because I wouldn't want a judge to have to answer that. I don't consider it a litmus test." But he may give the pro-life crowd jitters when he adds, "I think a conservative strict constructionist judge could come to either conclusion." He suggests that the real test should be intellectual honesty, and to that end he cites D.C. Circuit Appeals Court Judge Larry Silberman's recent opinion on the Second Amendment, affirming a constitutional right to bear arms. This is a nice piece of political turnabout--to respond to a question about his stance on abortion by citing favorably the most important pro-gun-rights decision in recent history.

To return to the subject at hand, we ask him who on the Supreme Court now meets his standards for intellectual honesty. "[Samuel] Alito, [John] Roberts--I would have appointed either one of them," he offers. He's said as much before. But he continues: "[Antonin] Scalia clearly does [meet the standard], and [Clarence] Thomas. I would have appointed any one of the four of them."

Speaking of justice, Mr. Giuliani has been more circumspect than some of his rivals on whether he would pardon I. Lewis "Scooter" Libby. And he repeated again that he wouldn't pardon Mr. Libby "right now." On the other hand, Mr. Giuliani advanced a pretty good argument that he should never have been tried. "Perjury has to be material--it has to relate to what you're investigating," he offered. "If someone goes in front of a grand jury and tells a lie about an insignificant fact, it's a lie but it isn't perjury. There's all kinds of lying that isn't criminal . . . If the investigation is about a non-crime, when you know who did it, how could anything be material to it?" That sounds an awful lot like an argument for a pardon, even if Mr. Giuliani seems to think the time may not be right.

There's no denying that Mr. Giuliani's campaign is built around the war on terror--or, as he prefers to call it, "the terrorists' war on us." He views the 2008 election as a turning point in the conflict, and, naturally, thinks he's the man to steer things in the right direction.

"I think that the president we elect in 2008 will determine how long it takes to prevail against the terrorists," Mr. Giuliani says. "If you select somebody that is going to go back on defense, it's going to take a much longer time and there are going to be more casualties. If you select a president that's going to remain on offense, and even improve on it, it isn't going to be easy, but it's going to mean less casualties, faster." It's not an easy or comforting message, but Mr. Giuliani is not in the comforting business. Whether it's a message the country wants to hear is something the voters will let us know.
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Saturday, March 10, 2007

Scooter Libby by the Numbers

This from Victor Davis Hanson's blog - Works and Days - "The Washington DC press corps and high-ranking officials talk, spin, and network 24/7. Trying to sort out anything among any of them is impossible. These are the grunt soldiers with no rules of engagement in a vast ideological battle between the mainstream media and conservative administrations. "...How true. This is warfare by the criminalization of politics, and we'd better arm ourselves, in the immortal words of Clint Eastwood..T

You try to think of the right adjective—Kafkaesque, Orwellian, surreal?—to describe the Libby fiasco. I don’t know Mr. Libby, but met him on two occasions at dinners in Washington DC.

Both times he seemed to me the most widely read and affable in the room; he was also polite and well spoken, which is rare among the powerful in Washington. Despite all the mess, this much is clear.

1. During the lead-up to the war, one Joe Wilson, a sort of DC gadfly and has-been blowhard, was nominated to go to Niger by some in the CIA, most probably on the prompt of his own wife, to investigate reports of sales of yellowcake to Saddam Hussein. His selection is inexplicable, because the very idea of a Joe Wilson, on a government-sanctioned trip, to inquire, in discreet fashion, about sensitive transactions, is itself Orwellian.

2. He comes back, announces loudly and erroneously that he was on a mission chartered under the auspices of the VP—and that there is no evidence that there was any Iraqi interest in raw nuclear materials. This assertion, as Christopher Hitchens and others have written, was probably false.

3. The VP’s office and others are furious that this buffoon is lying about the circumstances of his trip, so they begin doing background on him, and discover the spousal connection and perhaps suspicions that he is staking out a partisan career. Almost immediately all sorts of reporters and government officials gossip about Valerie Plame’s CIA affiliation to explain his inexplicable selection. Her position, it turns out, is not covert—a fact that may or may not have been known at the time.

4. Apparently Richard Armitage is the first to disclose to a reporter the process how Wilson was chosen, in an interview with Robert Novak. No doubt he wanted to illustrate the conflict of interest involved in the Wilson selection, inter alia, to paint Wilson as either a showman or a partisan or both. As the national mood changes, given the absence of WMD caches in Iraq and the growing insurgency, Wilson sees an opening and suddenly becomes a cry-in-the-wilderness hero to the anti-war Left. I met him in this period in the Fox DC greenroom once, and heard him speak later at UC Berkeley at a journalism conference. Both times I came away thinking with friends like these, the Left didn’t need any more enemies. No wonder that Wilson was quickly let go from the Kerry’s 2004 campaign as a “consultant.”

5. A general allegation is made that government officials violated the law for partisan advantage by disclosing the identity of a covert CIA operative. The Left sees traction here in the storyline that the pro-war Republicans are shorting their own beloved CIA, irony given that past CIA whistleblowers who disclosed top-secret informatio lionized for it by liberals.

A special prosecutor is appointed. Fitzgerald immediately discovers that (A) Richard Armitage first disclosed Ms. Plame’s identity to Mr. Novak, and (B) there was apparently no crime in doing so. But he continues to ask questions from various reporters and officials about the nature of this feeding-frenzy, much of it caused by Mr. Wilson himself who seized the moment, as they say, by publicizing his own wife’s status, glamour, and anger, doing a book deal, magazine spread, and joining the Kerry campaign.

6. Fitzgerald apparently concludes that he has no proof of wrongdoing concerning the original charter of his special prosecutorship, given that Ms. Plame’s status was not covert. He also feels no need to or cannot prosecute Mr. Armitage or others either for violating federal statutes about CIA confidentiality or lying. His highest-ranking target, Mr. Libby, apparently alone will justify his original mandate, albeit on different charges of perjury and obstruction of justice. After hours of testimony from Mr. Libby, contradictions between his recollections and those of others are established, although it seems there is no common truth. Nearly all those interrogated at some point contradicted someone else.

7. Libby alone is charged. If his defense tactics were culpable, it was largely in the initial suggestion that Libby was a fall-guy. That suggested some sort of conspiracy where there was none. The defense had a right to be angry at Armitage, Ari Fleischer, and others who had talked to reporters about Plame, but none had done so in a conspiratorial fashion, and had simply cut their own deals without orchestration. Libby was culled out because he was the highest-ranking target that might justify the prosecutor’s time and expense, and because he either would not or could not strike some deal in the fashion that others had, formally or informally.

Lessons?

1. We now have a new branch of government—a symbiosis between a special prosecutor and the Washington DC judiciary. Given the available jury pool and justices in DC, together with the high-stakes, high-publicity of a special prosecutorship, any prominent conservative is fair game. An innocent or hung verdict spells financial ruin, a guilty one the destruction of a career.

All this is much like the ancient Athenian notion of ostracism, in which the prominent could be exiled and ruined simply by a populist vote on their high-profile stature that was felt to be a danger to an egalitarian Athenian ethos.

2. The Washington DC press corps and high-ranking officials talk, spin, and network 24/7. Trying to sort out anything among any of them is impossible. These are the grunt soldiers with no rules of engagement in a vast ideological battle between the mainststeam media and conservative administrations.

3. There is no sense of proportion or morality involved. One example: Richard Armitage comes off quite negatively. He knew he was the most culpable given the initial directive of the Special Prosecutor, and yet stayed quiet while the searchlight went on to others. This was especially reprehensible given his prior carefully crafted voice of conscious as a luke-warm supporter of the war.

4. We will never know all the power-plays, ego-trips, and vested reputations in all this. But apparently Fitzgerald had a lot on the line by going after Libby, and was willing to apply to him a standard not applied to others in or out of government. This does not mean necessarily that Libby’s testimony was not inconsistent, only that a degree of scrutiny was applied to it in a manner not done elsewhere.

5. All this reminds me again of wisdom from my late mother, a California superior and appellate court justice. She used to remind me that the most powerful people in government are not judges, not juries, not even legislators or executives—but state and federal attorneys, who act as judge and jury of sorts in selecting whom to prosecute. I say that because in the modern age, an indictment ipso facto can spell financial ruin and irrevocable loss of reputation. Our prosecutors must be above any hint of partisanship or grudge-holding, and must not see their offices as platforms for wide-ranging, Les Miserables obsessions.

Sadly, in this case, Mr. Fitzgerald got his one conviction, but in the process lost his own reputation as well.
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Thursday, March 08, 2007

The Libby Verdict, etc.

This is from Michael Barone, as non-partisan as they come. He is outraged by the Libby trial, and justifiably so. Also, a progress report on the Iraq Surge...T

The Progress of the Surge
Embedded blogger and Special Forces veteran Michael Yon blogs on the progress of the surge in Iraq. Bottom line: It's going pretty well. Which raises a question: Why didn't we do this sooner? Yon, by the way, is reader-supported; you can contribute here. And here is another upbeat report from Mohammed and Omar Fadhil of iraqthemodel.com.

The Libby Verdict
I consider the prosecution of "Scooter" Libby a travesty of justice and the jury's verdict a tragedy, and I intend to write more about it. There's a huge contrast between the treatment of Libby, who now faces up to 25 years in jail, and that of Sandy Berger, who was allowed to plead guilty, with no jail time, to stealing documents from the National Archives. But in the meantime, let me share some worthy commentary. The Washington Post editorializes smartly and makes some important points.

First:
"The trial has provided convincing evidence that there was no conspiracy to punish Mr. Wilson by leaking Ms. Plame's identity–and no evidence that she was, in fact, covert."

Second:
"It would have been sensible for Mr. Fitzgerald to end his investigation after learning about Mr. Armitage."

Which is to say, right at the beginning of his investigation. There was no violation of the Intelligence Identities Protection Act, which was the issue at hand. There was, thus, no warrant for requiring journalists to testify about sources, much less for jailing Judith Miller for 85 days. And there was no warrant for eliciting testimony from administration officials like Libby.

Third, the Post exposes Joseph Wilson for what he is: a liar and, in their words, "a blowhard":
"A bipartisan investigation by the Senate intelligence committee subsequently established that all of these claims were false–and that Mr. Wilson was recommended for the Niger trip by Ms. Plame, his wife."

The Wall Street Journal's editorial goes further and calls for an immediate pardon of Libby. It characterizes the gist of the offense:

" ... he has been convicted of telling the truth about Mr. Wilson and Ms. Plame to some reporters but then not owning up to it.Mr. Bush will no doubt be advised to wait for the outcome of an appeal and the end of his Administration to pardon Mr. Libby. We believe he bears some personal responsibility for this conviction, especially for not policing the disputes and insubordination in his Administration that made this travesty possible. The time for a pardon is now."

I agree. So does an outraged Clarice Feldman writing in the American Thinker blog.
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SHOOTING ELEPHANTS IN A BARREL

Friends, I haven't been this angry in quite some time. Sometime soon, someone has to wake up and declare, "We're mad as hell, and we're not taking it anymore!" They put us in jail, ladies and gentlemen! They let an avowed democrat activist, and journalist who is wring a book on the "story" become foreman of the jury in the most left-wing liberal city in the entire USA! That's two blatant conflicts of interest, right there...T

Lewis Libby has now been found guilty of perjury and obstruction of justice for lies that had absolutely no legal consequence.

It was not a crime to reveal Valerie Plame' name because she was not a covert agent. If it had been a crime, Special Prosecutor Patrick Fitzgerald could have wrapped up his investigation with an indictment of the State Department's Richard Armitage on the first day of his investigation since it was Armitage who revealed her name and Fitzgerald knew it.

With no crime to investigate, Fitzgerald pursued a pointless investigation into nothing, getting a lot of White House officials to make statements under oath and hoping some of their recollections would end up conflicting with other witness recollections, so he could charge some Republican with "perjury" and enjoy the fawning media attention.

As a result, Libby is now a convicted felon for having a faulty memory of the person who first told him that Joe Wilson (news, bio, voting record) was a delusional boob who lied about his wife sending him to Niger.

This makes it official: It's illegal to be Republican.

Since Teddy Kennedy walked away from a dead girl with only a wrist slap (which was knocked down to a mild talking-to, plus time served: zero), Democrats have apparently become a protected class in America, immune from criminal prosecution no matter what they do.

As a result, Democrats have run wild, accepting bribes, destroying classified information, lying under oath, molesting interns, driving under the influence, obstructing justice and engaging in sex with underage girls, among other things.

Meanwhile, conservatives of any importance constantly have to spend millions of dollars defending themselves from utterly frivolous criminal prosecutions. Everything is illegal, but only Republicans get prosecuted.

Conservative radio personality Rush Limbaugh was subjected to a three-year criminal investigation for allegedly buying prescription drugs illegally to treat chronic back pain. Despite the witch-hunt, Democrat prosecutor Barry E. Krischer never turned up a crime.

Even if he had, to quote liberal Harvard Law professor Alan Dershowitz: "Generally, people who illegally buy prescription drugs are not prosecuted." Unless they're Republicans.

The vindictive prosecution of Limbaugh finally ended last year with a plea bargain in which Limbaugh did not admit guilt. Gosh, don't you feel safer now? I know I do.

In another prescription drug case with a different result, last year, Rep. Patrick Kennedy (news, bio, voting record) (Democrat), apparently high as a kite on prescription drugs, crashed a car on Capitol Hill at 3 a.m. That's abuse of prescription drugs (BEGIN ITAS)plus a DUI offense. Result: no charges whatsoever and one day of press on Fox News Channel.

I suppose one could argue those were different jurisdictions. How about the same jurisdiction?
In 2006, Democrat and major Clinton contributor Jeffrey Epstein was nabbed in Palm Beach in a massive police investigation into his hiring of local underage schoolgirls for sex, which I'm told used to be a violation of some kind of statute in the Palm Beach area.

The police presented Limbaugh prosecutor Krischer with boatloads of evidence, including the videotaped statements of five of Epstein's alleged victims, the procurer of the girls for Epstein and 16 other witnesses.

But the same prosecutor who spent three years maniacally investigating Limbaugh's alleged misuse of back-pain pills refused to bring statutory rape charges against a Clinton contributor. Enraging the police, who had spent months on the investigation, Krischer let Epstein off after a few hours on a single count of solicitation of prostitution. The Clinton supporter walked, and his victims were branded as whores.

The Republican former House Whip Tom DeLay' name is currently under indictment for a minor campaign finance violation. Democratic prosecutor Ronnie Earle had to empanel six grand juries before he could find one to indict DeLay on these pathetic charges -- and this is in Austin, Texas (the Upper West Side with better-looking people).

That final grand jury was so eager to indict DeLay that it indicted him on one charge that was not even a crime -- and which has since been tossed out by the courts.

After winning his primary despite the indictment, DeLay decided to withdraw from the race rather than campaign under a cloud of suspicion, and Republicans lost one of their strongest champions in Congress.
Compare DeLay's case with that of Rep. William "The Refrigerator" Jefferson, Democrat. Two years ago, an FBI investigation caught Jefferson on videotape taking $100,000 in bribe money. When the FBI searched Jefferson's house, they found $90,000 in cash stuffed in his freezer. Two people have already pleaded guilty to paying Jefferson the bribe money.

Two years later, Bush's Justice Department still has taken no action against Jefferson. House Speaker Nancy Pelosi (news, bio, voting record) recently put Rep. William Jefferson (news, bio, voting record) on the Homeland Security Committee.

Senate Majority Leader Harry Reid (news, bio, voting record), Democrat, engaged in a complicated land swindle, buying a parcel of land for $400,000 and selling it for over $1 million a few years later. (At least it wasn't cattle futures!)

Reid also received more than four times as much money from Jack Abramoff (nearly $70,000) as Tom DeLay ($15,000). DeLay returned the money; Reid refuses to do so. Why should he? He's a Democrat.
Former Clinton national security adviser Sandy Berger literally received a sentence of community service for stuffing classified national security documents in his pants and then destroying them -- big, fat federal felonies.

But Scooter Libby is facing real prison time for forgetting who told him about some bozo's wife.
Bill Clinton was not even prosecuted for obstruction of justice offenses so egregious that the entire Supreme Court staged a historic boycott of his State of the Union address in 2000.

By contrast, Linda Tripp, whose only mistake was befriending the office hosebag and then declining to perjure herself, spent millions on lawyers to defend a harassment prosecution based on far-fetched interpretations of state wiretapping laws.

Liberal law professors currently warning about the "high price" of pursuing terrorists under the Patriot Act had nothing but blood lust for Tripp one year after Clinton was impeached (Steven Lubet, "Linda Tripp Deserves to be Prosecuted," New York Times, 8/25/99).

Criminal prosecution is a surrogate for political warfare, but in this war, Republicans are gutless appeasers.

Bush has got to pardon Libby.
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