But it would have been funny if he had said it on Hannity tonight.Trey ("Don't call me Alan")
But it would have been funny if he had said it on Hannity tonight.Longtime Massachusetts Rep. Barney Frank has given his re-election campaign $200,000 as he faces his toughest race in years.A campaign finance report filed Tuesday showed that Frank, the chairman of the powerful House Financial Services committee, lent himself the money Tuesday... ...Frank [also] had former President Bill Clinton campaign for him earlier this fall.
ALERT--it has been confirmed that in the Duncanville public library voting location, and maybe also at Cedar Hill locations, ONLY Eddie Bernice Johnson's name appears as a choice on the ballot for the US Rep race for District 30...
SO there is no way to vote for Stephen Broden at that location! PLEASE--do not vote any ballot that is missing Broden's name--go to a different location.
In the mean time, please support Stephen Broden for U.S. Congress. And help retire the scholarship scammer.Three van loads of Hughes High students were taken last week – during school hours – to vote and given sample ballots only for Democratic candidates and then taken for ice cream, a Monday lawsuit alleges...The suit alleges three van loads of Hughes High students arrived at the Downtown Board of Elections offices at 1 p.m. Wednesday, supervised by a school employee. School lets out at 3:15 p.m.
When they got out of the vans, the students, the suit alleges, also were accompanied by adults who appeared to be campaign workers or supporters for U.S. Rep. Steve Driehaus, D-West Price Hill, the congressman being challenged this fall by Steve Chabot. When the students got out of the vans, the suit alleges they were given sample ballots containing only Democratic candidates...
Linda Burnett, 23, a resident of San Diego, was visiting her in-laws and while there went to a nearby supermarket to pick up some groceries. Later, her husband noticed her sitting in her car in the driveway with the windows rolled up and with her eyes closed, with both hands behind the back of her head. He became concerned and walked over to the car. He noticed that Linda's eyes were now open and she looked very strange. He asked her if she was okay, and Linda replied that she had been shot in the back of the head and had been holding her brains in for over an hour.The husband called the paramedics, who broke into the car because the doors were locked and Linda refused to remove her hands from her head.
When they finally got in, they found that Linda had a wad of bread dough on the back of her head. A Pillsbury biscuit canister had exploded from the heat, making a loud noise that sounded like a gunshot, and the wad of dough hit her in the back of her head. When she reached back to find out what it was, she felt the dough and thought it was her brains. She initially passed out, but quickly recovered.
Linda is blonde, a Democrat and an Obama supporter, but that could all be a coincidence.
The defective biscuit canister was analyzed and it was determined to be Bush's fault.
California's debt has tripled in the last seven years alone and the state now must pay $5.5 billion annually in interest payments.Those of you considering voting for Brown in the California gubernatorial election need to consider this."We have enough wealth to continue to have a great university and get every kid into this school that can qualify. Now when I say every young man and young woman, I mean everyone – whether they are documented or not. If they went to school, they ought to be here."
Brown is a fool. California has enough problems already. Hopefully this stupidity will cost him the election.
The Democrats' Countrywide Scandal: Shhhhhh: Malkin
• The state's Department of Insurance approves the rate hikes, noting that Anthem's actuarial calculations are reasonable and proper.We are going to quickly review a few charts from Gary Shilling's latest letter, where he review the housing market in depth. Bottom line, the housing market has not yet begun to recover, and it is not only going to take longer but the decline in prices may be greater than many have forecast. I wrote three years ago that it could be well into 2011 before we get to a "bottom." That may have been optimistic, given what we will cover in this letter...The homebuilding industry, which was the source of so many jobs last decade (aka the good old days), is on its back. This country needs a healthy housing construction market to get back to lower unemployment, and until the overhang in the foreclosure market is cleared out, that is unlikely to happen.
...Shilling thinks prices are likely to fall another 20%. Given what I am writing about in the next section, that is a possibility. There is certainly no demand pressure to push up housing prices...
Finally, [a word] on foreclosures. Residential mortgages in foreclosure are near all-time highs, close to 1 in 21 of all mortgages, up from 1 in 100 just four years ago. That's got to be bad for your profit models.[Editor's Note: arrow and caption added by your beloved editor.]
The Foreclosure Mess
"Homeowners can only be foreclosed and evicted from their homes by the person or institution who actually has the loan paper...only the note-holder has legal standing to ask a court to foreclose and evict. Not the mortgage, the note, which is the actual IOU that people sign, promising to pay back the mortgage loan...
"...once mortgage loan securitization happened, things got sloppy...they got sloppy by the very nature of mortgage-backed securities. ...These various [securitized bundles of loans or] tranches were sold to different investors, according to their risk appetite... the loans were 'bundled' into REMICs (Real-Estate Mortgage Investment Conduits, a special vehicle designed to hold the loans for tax purposes)...
"But here's the key issue: When an MBS was first created, all the mortgages were pristine...none had defaulted yet, because they were all brand-new loans. Statistically, some would default and some others would be paid back in full...but which ones specifically would default? No one knew, of course. If I toss a coin 1,000 times, statistically, 500 tosses the coin will land heads...but what will the result be of, say, the 723rd toss? No one knows.
"Same with mortgages.
[Since investors didn't know which mortgages would actually default and needed to tie the loan to the tranche,] "Enter stage right the famed MERS...the Mortgage Electronic Registration System... "MERS was the repository of these digitized mortgage notes that the banks originated from the actual mortgage loans signed by homebuyers. MERS was jointly owned by Fannie Mae and Freddie Mac (yes, those two again ...I know, I know: like the chlamydia and the gonorrhea of the financial world...you cure 'em, but they just keep coming back).
"The purpose of MERS was to help in the securitization process. Basically, MERS directed defaulting mortgages to the appropriate tranches of mortgage bonds... legally [however]...and this is the important part...MERS didn't hold any mortgage notes: the true owner of the mortgage notes should have been the REMICs.
"But the REMICs didn't own the notes either, because of a fluke of the ratings agencies: the REMICs had to be 'bankruptcy remote,' in order to get the precious ratings needed to peddle mortgage-backed Securities to institutional investors.
"So somewhere between the REMICs and MERS, the chain of title was broken."Now, what does 'broken chain of title' mean? Simple: when a homebuyer signs a mortgage, the key document is the note. As I said before, it's the actual IOU. In order for the mortgage note to be sold or transferred to someone else (and therefore turned into a mortgage-backed security), this document has to be physically endorsed to the next person. All of these signatures on the note are called the 'chain of title.'
"You can endorse the note as many times as you please...but you have to have a clear chain of title right on the actual note: I sold the note to Moe, who sold it to Larry, who sold it to Curly, and all our notarized signatures are actually, physically, on the note, one after the other.
"If for whatever reason any of these signatures is skipped, then the chain of title is said to be broken. Therefore, legally, the mortgage note is no longer valid. That is, the person who took out the mortgage loan to pay for the house no longer owes the loan, because he no longer knows whom to pay.
"To repeat: if the chain of title of the note is broken, then the borrower no longer owes any money on the loan.
"Read that last sentence again, please. Don't worry, I'll wait.
"You read it again? Good: Now you see the can of worms that's opening up...
"...Now, the banks had hired 'foreclosure mills'...law firms that specialized in foreclosures...in order to handle the massive volume of foreclosures and evictions that occurred because of the housing crisis. The foreclosure mills, as one would expect, were the first to spot the broken chain of titles.
"Well, what do you know, it turns out that these foreclosure mills might have faked and falsified documentation, so as to fraudulently repair the chain-of-title issue, thereby 'proving' that the banks had judicial standing to foreclose on delinquent mortgages. These foreclosure mills might have even forged the loan note itself...
"Wait, why am I hedging? The foreclosure mills did actually, deliberately, and categorically fake and falsify documents, in order to expedite these foreclosures and evictions. Yves Smith at Naked Capitalism, who has been all over this story, put up a price list for this 'service' from a company called DocX...yes, a price list for forged documents. Talk about your one-stop shopping!
"...[But the] alarm bells started going off when the title insurance companies started to refuse to insure the titles... In every sale, a title insurance company insures that the title is free -and clear ...that the prospective buyer is in fact buying a properly vetted house, with its title issues all in order. Title insurance companies stopped providing their service because...of course...they didn't want to expose themselves to the risk that the chain of title had been broken, and that the bank had illegally foreclosed on the previous owner.
..."The fact that Ally Financial (formerly GMAC), JP Morgan Chase, and now Bank of America have suspended foreclosures signals that this is a serious problem...obviously. Banks that size, with that much exposure to foreclosed properties, don't suspend foreclosures just because they're good corporate citizens who want to do the right thing, and who have all their paperwork in strict order...they're halting their foreclosures for a reason.
"[And] Bank of America halted all foreclosures, nationwide... Why do you think that happened? Because the banks are in trouble...again. Over the same thing as last time...the damned mortgage-backed securities!
"The reason the banks are in the tank again is, if they've been foreclosing on people they didn't have the legal right to foreclose on, then those people have the right to get their houses back. And the people who bought those foreclosed houses from the bank might not actually own the houses they paid for.
"And it won't matter if a particular case...or even most cases...were on the up -and up: It won't matter if most of the foreclosures and evictions were truly due to the homeowner failing to pay his mortgage. The fraud committed by the foreclosure mills casts enough doubt that, now, all foreclosures come into question. Not only that, all mortgages come into question."People still haven't figured out what all this means. But I'll tell you: if enough mortgage-paying homeowners realize that they may be able to get out of their mortgage loans and keep their houses, scott-free? That's basically a license to halt payments right now, thank you. That's basically a license to tell the banks to take a hike.
"What are the banks going to do...try to foreclose and then evict you? Show me the paper, Mr. Banker, will be all you need to say.
"This is a major, major crisis. The Lehman bankruptcy could be a spring rain compared to this hurricane. And if this isn't handled right...and handled right quick, in the next couple of weeks at the outside...this crisis could also spell the end of the mortgage business altogether. Of banking altogether. Hell, of civil society. What do you think happens in a country when the citizens realize they don't need to pay their debts?"...All those subprime and Alt-A mortgages written in the middle of the last decade? They were packaged and sold in securities. They have had huge losses. But those securities had representations and warranties about what was in them. And guess what, the investment banks may have stretched credibility about those warranties. There is the real probability that the investment banks that sold them are going to have to buy them back. We are talking the potential for multiple hundreds of billions of dollars in losses that will have to be eaten by the large investment banks. We will get into details, but it could create the potential for some banks to have real problems.
A woman was shopping at the local supermarket where she selected: A half-gallon of 2% milk, a carton of eggs, a quart of orange juice, a head of lettuce, a 2 lb. can of coffee, and a 1 lb. package of bacon.As she was unloading the items on the conveyor belt to check out, a drunk standing behind her watched as she placed the items in front of the cashier.
While the cashier was ringing up the purchases, the drunk calmly stated, 'You must be single.'
The young woman was a bit startled by this proclamation, but she was intrigued by the derelict's intuition, since she indeed had never found Mr. Right. The woman looked at the six items on the belt and saw nothing particularly unusual about her selections that could have tipped off the drunk to her marital status.
Curiosity getting the better of the woman, she said, 'Yes you are correct. But how on earth did you know that?'
The drunk replied, 'Cause you're ugly.'
How the Left Twists 'Civil Rights' to Seize Power: RWNQOTD: "Never underestimate the opposition , the polls haven’t closed. military ballots AWOL, the union/ACORN ground team has lots of experience GOTV..the dirty tricks will increase in intensity…and MSM will put out early polling results during Election day to try to derpess the GOP voters- ..and the candidates leading slightly need even more to win- at least 3-5% above the fraud factor- Remember Franken. So it’s all hands on deck for the next couple of weeks. Focus on the fact that the major legislation has already been passed to make the U.S. into a socialist country. The ideologues will continue their path unless they lose handily on Nov 2…and that means getting your family and friends and their friends to the voting booths." -- John MacDonald
Now that Klein has run into a buzzsaw, NBC News 'coincidentally' showed up and tried to manufacture a hit piece on West from whole cloth.In 2007 and 2008, the media went all-out to expose Barack Obama’s past connections with controversial people and organizations (pause for laughter), so now they’re setting their unbiased sights on the background of Republican Florida congressional candidate Allen West.Lisa Myers goes out of her way to try and strengthen some fairly weak links here. Most of these ties are looser than the ones on my son’s sneakers, and if West was a Democrat, a story with this kind of “evidence” probably wouldn’t have gotten the green-light (if it had even been produced in the first place)
Growing up in Hawaii, Obama's mentor was described in his autobiography as only "Frank". It turns out that this man was Frank Marshall Davis, a Communist who had left Chicago reportedly because the FBI was after him.
Obama had a long and deep affiliation with ACORN, the group that was disbanded after numerous criminal charges and allegations involving hundreds of thousands of fraudulent voter registrations. Obama even trained ACORN community agitators.
And Obama appears to have been a card-carrying member of the Democratic Socialists of America's New Party -- and received a glowing endorsement from them.
Of course, slumlord Tony Rezko was one of Obama's first financial backers and helped him purchase his Chicago mansion. In turn, Obama appears to have performed several favors for Rezko's company, which ended up cost the taxpayers millions of dollars.
And no list of Obama's bizarre affiliations would be complete without mentioning terrorist Bill Ayers. Obama and Ayers served on several boards together, dispensed money to a series of radical groups, shared an office, and the candidate's political coming-out party was even held at Ayers' house. And the media never said a word.
Obama's friend and spiritual mentor, Jeremiah Wright, is of course an avowed Marxist, racist and anti-Semite. As an evangelist of Black Liberation Theology, which preaches race hatred, Wright even traveled to Libya with Louis Farrakhan to visit dictator Muammar Gaddaffi.
Obama and Michelle also had a close relationship with Edward Said of the Arab-American Action Network dinner. Said was an official with the Palestinian Liberation Organization for a time and was proud of his hatred of Israel.
Northern Delaware motorists got whacked on two fronts Friday when President Barack Obama arrived in Marine One from Philadelphia and Vice President Joe Biden flew in on Air Force Two from the south to the New Castle Airport.
There were the usual traffic jams and congestive confusion along Del. 141, I-95 and, naturally, downtown Wilmington, where both appeared at a fundraiser for U.S. Senate candidate Chris Coons at The Grand.

The Post-Dispatch, one of the whackiest, far left publications you will ever read, just endorsed Alexi 'The Mob Banker' Giannoulias (D) for U.S. Senate and incumbent Pat Quinn (D) for governor. No, I'm not kidding.Alexi Giannoulias is the choice for Senate because he understands the existential threat caused by the reality that 20 percent of Americans control nearly half of the nation's earned income and 84 percent of all forms of wealth... "Income inequality has been the cause of the downfall of every great nation," he said.
The Senate is a place where those inequalities can begin to be reversed, through tax policies, job creation and public spending on infrastructure and education.
In the governor's race, one issue matters more than all the others combined: How to close a budget deficit of $13 billion without profound repercussions to essential state services... Mr. Quinn, 61, inherited the mess after succeeding to the governor's office after Mr. Blagojevich's impeachment. He had the courage to say that a permanent budget fix means tax increases. He finally began to confront, albeit tepidly, the state's out-of-control pension costs.
He wound up patching and borrowing, the same kick-the-can-down-the-road policies that brought Illinois to its parlous state... Mr. Quinn is a man whose heart is the right place. But he'll need some steel in his spine to build a coalition that can solve the huge budget crisis. On his heart, and on the chance he'll find more spine, we recommend Pat Quinn for governor.
Therapist-in-Chief explains our 'inability to think clearly': PundetteQOTD: "You voted for Obama to prove you're not a racist. Now, who are you going to vote for to prove you're not an idiot?" --Commenter at NBC-11
IN WASHINGTON DC, JANUARY 20, 2009
The unanimous Declaration of the Democrat-controlled House of Representatives, the Senate, and the Executive Branchhen in the course of political expediency it becomes necessary for one party to ignore its country's Constitution and legal system which hath guided it for 233 years, Gaia and Generation Investment Management require that it declare the causes which impel them to high treason.
We hold these truths to be self-evident, that all workers can be divided into races, income levels, religions, genders, and so on, to advance Statism; that they possess certain unalienable rights, that among these are health care, food stamps, iPhones, MTV, and a three-bedroom condo within walking distance of a Starbucks --
That to redistribute these rights, Governments are seized by politicians, deriving their powers by the theft of private property and the confiscation of liberty --
That whenever any form of Government becomes destructive of centralized, authoritarian Government, it is the Right of the Democrats to ignore the Constitution or to abolish it, and to institute new Government, laying its foundation on the teachings of Marx, of Engels, of Alinsky, of Cloward and of Piven.
Prudence, indeed, would reject our claim to change government for light and transient causes, seeing as how we must reject facts, logic, history and reason to advance our tyrannical measures. Indeed, we rely upon our experience that hath shewn that mankind are more disposed to suffer so long as government cheese and Jersey Shore are freely available to anyone who asks, whether citizen or not.
And when some object, after a long train of abuses and usurpations by we, the callous, unheeding Democrat leadership, it is our right, and it is our duty, to play the race card, to tar them as 'extremists' and 'crackpots', to use the media to ridicule them, and to create a "Civilian National Security Force" to ensure their ultimate destruction.
Such has been our suffering abuse of these Tea Parties; and such is now the necessity which commands us to eradicate their former Systems of Government. To prove this, let Facts be submitted to a receptive media.
- He has refused to allow the vaporization of our Laws including the Constitution, which is no more useful to Democrats than a piece of toilet paper and which, may in fact, be emblematic of witchcraft.
- He has expressed feigned outrage over so-called 'lawlessness' by our Department of Justice, which has offered reparations to the New Black Panthers, illegal immigrants, and other workers deserving special treatment.
- He has refused to accept our order to adhere to socialized medicine and death panels, despite our agitprop designed to fool the general public.
- He has harangued our House of Representatives and our Senate, causing them to skip town hall meetings because of their loaded questions.
- He has endeavoured to prevent our de-population of these States; whether through abortion or in pursuit of our green agenda; both of which command us to reduce the numbers of the human virus.
- He has resisted our dictates to nationalize more than the one-third of United States land that we already have federalized.
- He has complained endlessly about our refusal to enforce the borders, which can only strengthen our numbers in subsequent elections with cadres of dependent migrants.
- He has resisted our assignation of Wise Latina Marxists and Socialists to the Highest Court.
- He has rejected our multitude of New Offices, Agencies and Bureaucracies, and all of our swarms of Officers that must harass them to ensure we confiscate as much of their private property as is our just due.
- He has fought our imposition of new Taxes, which must be installed to combat carbon dioxide pollution, light pollution, non-conforming toilet tanks, and sound pollution.
We, therefore, the Democrats of the united States of america, in General Congress and in the Executive, Assembled, appealing to Mighty Gozar the Traveler; We ask that he will come in one of the pre-chosen forms--During the rectification of the Pelosi transjunction, the traveler came as a large and enchanted Mikulski! Then, during the third resolution of the Reid supplicants, they chose a new form for him: that of a giant Barney! Many Tea Partiers and Free-Marketeers knew what it was to be roasted in the depths of the Barney that day, I can tell you!
And for the support of this Destruction, with a firm reliance on the Proletariat, we mutually pledge to Gaia our support, unless it interferes with our pursuit of personal wealth, aggregation of power or the acquisition of our third home -- this one in the Hamptons.