Monday, October 06, 2008

Larwyn's Link Kerplosion: Want more Fannie Mae disasters for your kids? Then Vote Democrat!


YouTube: What Just Happened?

New York Post: The Lies Biden Told.

Jammie Wearing Fool: Welcome to Camp Obama.

American Thinker: Fannie Mae's Easy Credit -- Nine years ago, Steven Holmes of the New York Times wrote admiringly of the way Bill Clinton and the Democrats could claim credit for "Eas[ing] Credit To Aid Mortgage Lending." It amounts to a map of how Bill Clinton and Democrats created this crisis...

Moonage Political Webdream: Jamie Gorelick's BAAACCCKKK! -- I will admit Jamie Gorelick’s life reads like a movie. Only problem is it would be a bizarro Forrest Gump where horrible things happen to millions of people every time she steps into the picture. It’d probably be a huge hit though.

Country Store: In Bush's first year in office, the White House chief economist, N. Gregory Mankiw, warned that the government's "implicit subsidy" of Fannie Mae and Freddie Mac, combined with loans to unqualified borrowers, was creating a huge risk for the entire financial system... Rep. Barney Frank denounced Mankiw, saying he had no "concern about housing." ...The New York Times reported that Fannie Mae and Freddie Mac were "under heavy assault by the Republicans," but these entities still had "important political allies" in the Democrats.

Gateway Pundit: Sarah Palin: "Just Once It Would Be Nice If Barack Obama Said He Wanted Us to Win."

Karl Rove (Newsweek): Palin, McCain and the Weeks Ahead

Porter Stansberry (Daily Wealth): How AIG's Collapse Began a Global Run on the Banks: Around the world, banks must comply with what are known as Basel regulations. These regulations determine how much capital a bank must maintain in reserve. The rules are based on the quality of the bank's loan book. The riskier the loans a bank owns, the more capital it must keep in reserve. Bank managers naturally seek to employ as much leverage as they can, especially when interest rates are low, to maximize profits. AIG appeared to offer banks a way to get around the Basel rules, via unregulated insurance contracts, known as credit default swaps.

Pat Dollard: FBI raids office of another Obama friend. Also see Jennifer Rubin: Obama’s sponsor and friend Tony Rezko is going to jail, the Governor of his state whom he supported is going to be indicted and his close confident — for whom Obama got millions in earmarks — is under FBI investigation. Do you think this should be front page news in every mainstream paper? Should we have a feeding frenzy on the stump today as the press demands answers? ...More important, let’s see if McCain and/or his running mate finally will call out their opponent and ask a tough question: Is this the guy who we want to reform Washington?

Thomas Sowell: Do Facts Matter? The current financial bailout crisis has propelled Barack Obama back into a substantial lead over John McCain -- which is astonishing in view of which man and which party has had the most to do with bringing on this crisis... the country does not deserve to be put in the hands of a glib and cocky know-it-all, who has accomplished absolutely nothing beyond the advancement of his own career with rhetoric, and who has for years allied himself with a succession of people who have openly expressed their hatred of America.

Stop the ACLU: RNC to File FEC Complaint on Illegal, Foreign Campaign Contributions.

Berg vs. Obama: ORDERED that the Motion to Dismiss pursuant to F.R.C.P. 12(b)(1) and 12(b)(6) is DENIED. It is further ORDER of this Court that the following discovery is to be turned over to Plaintiff within three (3) days: 1. Obama’s “vault” version (certified copy of his “original” long version) Birth Certificate; and 2. A certified copy of Obama’s Certification of Citizenship; 3. A Certified copy of Obama’s Oath of Allegiance...

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