The Return Of Rezko

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  • Posted By: junkmail6 @ 10/25/2008 7:42:22 PM

    McPain is sinking to new depths. This simply confirms my already bad impressions of him. Obama had a relationship with a guy who turned out to be doing something illegal. And??? How can any politician avoid every bad apple, especially when the bad apples hunt them down. This Rezko thing is beyond ridiculous.

  • Posted By: NewsweekandFoxNewsWhatstheDiff @ 10/25/2008 7:14:51 PM

    McCain is disgusting. I can't wait until this election is over. I pray to God that he loses his seat in the Senate. He has embarrassed the entire country with his Karl Rove inspired campaign. Nice job Steve. Good luck with that resume. Maybe you could be a clerk for the skinheads.

  • Posted By: Concerned Canadian @ 10/25/2008 6:25:41 PM

    GUESS WHO THE UNIONS DONATED $300,000,000.00 TO? - OBAMA!

    GUESS WHO WANTS TO "SPREAD THE WEALTH AROUND" & RAISE TAXES? - OBAMA!

    GUESS WHO JOE BIDEN SAYS IS NOT READY TO BE PRESIDENT? - OBAMA!

    GUESS WHY FINANCE MARKETS ARE STILL REACTING NEGATIVELY? - OBAMA!

    GUESS WHO STARTED THEIR POLITICAL CAREER IN A TERRORIST'S HOME? -OBAMA!

    GUESS WHO SAYS US TROOPS AIR RAIDED VILLAGES & KILLED CIVILIANS? -OBAMA!

    GUESS WHO VOTED VS A BILL TO PROTECT BABIES BORN ALIVE IN ABORTION? -OBAMA!

    GOD BLESS AMERICA.....HERE'S YOUR NEW PRESIDENT....ENJOY!!

    • Posted By: sharenews @ 10/25/2008 6:40:26 PM


      I think it is terrible that the Unions will be doing away with the Secret Ballot voting if Obama gets into the White house. Read this, folks:

      WASINGTON TIMES
      SOWELL: Whose 'special interests'?
      Thomas Sowell
      Saturday, August 16, 2008

      COMMENTARY:
      We take it for granted that a vote means a secret ballot but it was not always that way. Moreover, it will not remain so for workers who vote on whether or not they want a labor union, if legislation sponsored by congressional Democrats and endorsed by Sen. Barack Obama becomes law.

      Before there were secret ballots, voters dared not express their true preferences if those who watched them vote could retaliate - whether by firing them, beating them up or in other ways. Anyone who is serious about people being free to express themselves with their votes wants a secret ballot.


      Rest of the story: http://washingtontimes.com/news/2008/aug/16/whose-special-interests/


      • Posted By: kellyjean @ 10/25/2008 6:51:23 PM

        This is unbelievable, something that I never knew was going to take place and Obama was in support of. I will read the article, thanks for posting this, please keep posting it, over and over again for all to see!

        This proposal is Absurd!

  • Posted By: Concerned Canadian @ 10/25/2008 6:21:02 PM

    WHEN OBAMA WAS IN TAMPA BAY ON HIS CAMPAIGN STUMP HE SAYS HE???S CHEERING THE DEVIL RAYS.

    WHEN OBAMA WAS IN PHILADELPHIA ON HIS CAMPAIGN STUMP HE SAY???S HE???S CHEERING THE PHILLIES.

    WHAT HAPPENED TO OBAMA???S ???WE DON???T NEED DOUBLE-TALKIN POLITICIANS ANYMORE IN DC????

    OBAMA SAYS HE???S A WHITE SOX FAN...ASK HIM TO NAME SOMEONE ON THE TEAM...HE DOESN???T KNOW.

    • Posted By: sharenews @ 10/25/2008 6:46:49 PM


      http://www.bothwaysbarack.com/

  • Posted By: patwal @ 10/25/2008 6:29:45 PM

    Seems like all the McCain talking point smear copy/pasters are trying to get their last lot of credits in the final week, before the offers of T-shirts and deckchairs dry up .. ROFL

  • Posted By: Concerned Canadian @ 10/25/2008 6:26:44 PM

    CANADIANS HAVE REALIZED THAT SOCIALISM DOES NOT WORK. WE JUST VOTED IN A PROGRESSIVE CONSERVATIVE GOVERNMENT AGAIN. IT???S THE EQUIVALENT TO YOUR REPUBLICAN PARTY. CANADIANS ARE GETTING FED UP WITH RISING TAXES TO SUPPORT SOCIAL PROGRAMS LIKE EMPLOYMENT INSURANCE AND WELFARE. THESE ARE PROGRAMS WITH GOOD INTENTIONS BUT THEN TOO MANY PEOPLE BOTHERED NOT LOOKING FOR WORK AND OTHERS WERE CHEATING THE SYSTEM JUST TO COLLECT "FREE" MONEY.

    OUR ECONOMY STARTED SUFFERING, THE MIDDLE CLASS WAS BEING SQUEEZED AND BUSINESSES WERE DOWNSIZING OR CLOSING. THATS WHAT HAPPENS WITH SOCIALISM WHICH IS EXACTLY WHAT OBAMA WANTS TO IMPOSE ON THE USA...AT THE WORST POSSIBLE ECONOMIC TIME ON TOP OF THAT....OBAMA IS ABSOLUTELY NUTS !! HE'S GONNA SMASH THE USA TO BITS!

    AND YES, SAME PROBLEMS WITH OUR HEALTHCARE SYSTEM. WE KEEP PUMPING IN TAX DOLLARS YET THE GOVERNMENT IS MESSING IT UP AND THE UNIONIZED WORKERS IN THE HOSPITALS ARE LAZY AND PROVIDE LOUSY SERVICE. IN CANADA YOU ARE STARTING TO SEE PRIVATE MEDICAL CLINICS OPENING UP WHERE CANADIANS WITH MONEY CAN GO FOR IMMEDIATE HEALTHCARE. MORE OFTEN,
    CANADIANS WHO CAN AFFORD IT GO TO THE STATES FOR IMMEDIATE HIGH QUALITY HEALTH CARE BECAUSE IF THEY STAY HOME AND WAIT THEY WOULD DIE.

    CANADIANS VOTED A GOVERNMENT THAT IS ON THE RIGHT TWO TIMES IN A ROW NOW. WE KNOW SOCIALISM DOES NOT WORK.....DON'T KNOW WHAT ON EARTH THE AMERICANS ARE DOING GOING DOWN THE SOCIALIST PATH DURING THIS ECONOMIC CRISIS OF ALL THINGS. OBAMA IS A VERY UNWISE RADICAL....BETTER WAKE UP FOLKS BEFORE ITS TOO LATE...AND THAT???S NO JOKE.

  • Posted By: Concerned Canadian @ 10/25/2008 6:24:13 PM

    You're really in the tank with Obama and the rest of the left-wing radical Marxist media networks. Too bad. I can't believe a bloody word you say because it???s total garbage.

    Anybody who supports Obama is anti-American, a Marxist Socialist and a terrorist sympathizer. Its documented that Obama was influenced by Bill Ayers, Rev Wright, Frank Davis Marshall, Pflegger, Louis Farrakhan, Tony Rezko, PLO terrorist , etc., all of these people who Obama takes his talking points from and incorporates into his stump speeches and then communicates this to the American people in a tone like a Martin Luther King. Barack Hussein Obama is dangerous, he has an agenda and a bunch of dumb Americans like you Jonathon Alter are voting for him. You should be ashamed of yourselves for the great harm you are about to subject your country to.

  • Posted By: Concerned Canadian @ 10/25/2008 6:22:41 PM

    THERE IS NO JOURNALISM IN THE USA ....JUST NAZI 'I LOVE TO FRENCH KISS' NEO MARXIST OBAMA PROPAGANDA MACHINE ....GOODBYE GOOD OL USA AND HELLO
    BANANA REPUBLIC....THERE'S MORE FAIR AND BALANCED JOURNALISM FOUND IN
    CASTRO'S CUBA OR PUTIN'S RUSSIA!!

    SIGNED

    INTERNATIONAL WATCHDOG OF JOURNALISM ETHICS IN WESTERN DEMOCRACIES

  • Posted By: vicsflick @ 10/25/2008 6:21:48 PM

    I am tired of McCain and his accusations. He should look in his own backyard for crap!

  • Posted By: Concerned Canadian @ 10/25/2008 6:21:39 PM

    FOR WHAT ITS WORTH....CANADA WAS UNDER A SOCIALIST TAX POLICY THAT WE SHOOK OFF BUT THE USA FOR SOME INSANE REASON WANT TO EMBRACE IT IN THIS ECONOMIC CRISIS.

    IN CANADA, SOCIALIST PARTIES LIKE THE LIBERAL PARTY AND THE NDP (NEW DEMOCRATIC PARTY)
    ARE OUT OF FAVOUR. THEY 'VE RAISED TAXES TO SUPPORT SOCIAL PROGRAMS LIKE WELFARE, INTRODUCED POLICIES TO MAKE IT EASIER TO UNIONIZE ETC., THE FEDERAL GOVERNMENT CONTROLS TO THIS DAY ITS OWN NATIONAL TV BROADCAST NETWORK CALLED THE CBC. FURTHERMORE THEY HAVE FEDERAL POLICY IN PLACE THAT CONTROLS THE AMOUNT OF FOREIGN CONTENT THAT MEDIA OULETS LIKE RADIO AND TELEVISION CAN BROADCAST. IT MUST COMPLY WITH A SPECIFIED AMOUNT OF CANADIAN CONTENT.

    WHAT IS HAPPENING NOW IN THE USA IS THAT THEY ARE ADOPTING SOCIALISM WHICH MIRRORS OBAMA'S POLICY HE IS SELLING TO THE AMERICAN PUBLIC. WHY DOES THE USA WANT TO GO DOWN THE SOCIALIST CANADIAN ROAD? WE CANADIANS JUST VOTED IN A CONSERVATIVE GOVERNMENT, WHICH IS THE EQUIVALENT TO THE USA'S REPUBLICAN PARTY ....TO GET TAXES LOWERED AND REDUCE WELFARE BECAUSE IT ENCOURAGES SECTORS OF SOCIETY TO NOT LOOK FOR WORK. IT WAS A DRAG ON THE CANADIAN ECONOMY BUT OUR COUNTRY HAS IMPROVED ECONOMICALLY BY MOVING AWAY FROM THIS IDEOLOGY BUT THE STATES IN ALL THEIR WISDOM ARE MOVING TO THE LEFT-WING SOCIALISM AGENDA....AND I CAN'T FIGURE OUT WHY.

  • Posted By: Concerned Canadian @ 10/25/2008 6:20:19 PM

    NBC=ACORN=LEFT-WING NUTJOBS=ANTI-AMERICAN=NY TIMES=SOCIALISM=CNN=OBAMA

    DOES ANYONE DISPUTE THIS? ....THOUGHT SO ....ENJOY REID=PELOSI=OBAMA REGIME FOR THE NEXT 4 YEARS...YIKES!

  • Posted By: Kboogie @ 10/25/2008 4:12:10 PM

    Are you serious?!?! The GOP is wasting campaign funds on slamming this issue down our throats....? Who is the campaign finance director? Fire him immediately!! This story never picked up traction before. Why, oh why would they waste $$ on it in the last 10 days?

    WOW!!!! Well, I guess McC has thrown "losing w/ integrity" out the window.

    • Posted By: cobalt6 @ 10/25/2008 4:32:05 PM

      Facts are facts Obama is really good friends with Rezko, lives right next to him! Rezko is going to jail! Ayers is a known terrorist! The friends you keep tells alot about you!!!

      • Posted By: Kboogie @ 10/25/2008 4:40:45 PM

        Cobalt, in that case McCain is a terrible human being. Not only are his past associates still doing time in jail (Keating5 scandal), but he's had to throw 3 of the pastors (which he begged endorsements from, under the bus. Let's be fair here.

        Before you make a statement like that. You have to know McCain's history also. The Democratic party isn't looping McC's past (like Hannity and the rest of the puppets are doing to Obama) b/c they don't have to. Their strategy, so far, doesn't warrant it.

        BUT, just b/c you don't hear it, doesn't mean it ain't there. I think once you Google a few scandals involving Mcain, you'll understand. Not to mention him using his political influence to cover up Cindy's criminal past. Talk about the company one keeps. He committed adultery w/ this woman.

        Let's keep things fair and balanced.

        • Posted By: sharenews @ 10/25/2008 6:10:34 PM

          '
          Obamas list of nefarious characters that he chose to surround his life with from age 9 - 18 (Frank Marshal Davis) up until he ran for POTUS is much longer and much scarier than McCains, that is for sure. And Obama is only 47 on top of it all. Didnt take him long to accrue such a long list of nasty connections in one capacity or another..

          • Posted By: sharenews @ 10/25/2008 6:20:08 PM



            (Part 1 of 3) - OBAMAS CHOSEN RADICAL PEOPLE HE WAS COMFORTABLE SURROUNDING HIMSELF AMONG OVER THE PAST 30 YEARS:

            For those in doubt, here is just a sampling of Obamas long list of radical choices of people (unapologetic Washington and/or PLO terrorists, hateful anti-America pastors, radical spiritual mentors. . .one being like an uncle to him, etc). . . . All of which he felt comfortable surrounding himself among. . . starting out way back in his pre-teen days in Hawaii (Frank Marshal Davis) until he went off to college and then law school. Afterwards, during his community organizer years, and in his campaigning years for Illinios Senator . . . the years on the South Side of Chicago building relationships with an array of radical people and groups (e.g. ACORN) and people back then that included many that were part of corrupt Mayor Daley???s Chicago Political Machine):

            * FRANK MARSHALL DAVIS (infamous pro-Soviet Communist Party member who was a mentor to Obama in his earlier days - from age 9 or 10 to 18 yrs old - until he left to go off to college). Davis sent Obama off to college and later Barack would admit that he attended socialist conferences and picked Marxist professors as his friends. http://newzeal.blogspot.com/2008/09/obamas-communist-mentor-frank-marshall.html

            * RASHID KHALIDI (former PLO terrorist): http://gatewaypundit.blogspot.com/2008/04/obama-bomber-ayers-partied-with-former.html

            * BILL AYERS (Washington unapologetic terrorist): Colleague and friend of Barack and Michelle http://www.youtube.com/watch?v=fV_h-XwchkY

            * BERNADINE DORHN (Washington unapologetic terrorist): Bill Ayers wife and friend and colleague of Michelle (same law firm they worked at) : http://www.youtube.com/watch?v=NxRi4gfupi8

            * LOUIS FARRAKHAN (radical Islam, Racist): Obamas church honored this guy with an award; he also endorsed Obama (albeit he denounced him).
            http://www.youtube.com/watch?v=cOAi6PYHQNA

            * MRS. LOUIS FARRAKHAN and Michelle are friends and each serve on the Board for the Rainbow Coalition / PUSH. http://minx.cc/?post=265769
            (Mrs. Farrakhan is shown in the center in the first row)

            * JAMES MEEKS (Illiniois Senator and Reverend) http://www.youtube.com/watch?v=Ou1G0BIyu74

            * REVEREND WRIGHT (former pastor, spiritual mentor, friend - like an uncle to me - for 20+ years) http://www.youtube.com/watch?v=8M-kD0QdRJk
            Obamas former church ( www.tucc.org)

            * FATHER PHLEGER (another spiritual mentor and race-conscious, hateful pastor and friend of Obama for many yrs.): http://www.youtube.com/watch?v=EBvYICKJ3TI



            (Continued in my post below)

          • Posted By: sharenews @ 10/25/2008 6:19:39 PM



            (Continued from my post above )

            (Part 2 of 3)

            * KWAME KILPATRICK (Disgraced Detroit Mayor who resigned and subject to 4 mos. In Jail) - Obamas introduces his friend and colleague: http://www.youtube.com/watch?v=hE6_zdeJ79E
            Article: http://www.nydailynews.com/opinions/2008/09/08/2008-09-08_kwame_kilpatrick_sees_flames_of_desire_a.html

            * RAILA OGINGA ODINGA (Kenyan political radical) - Obamas cousin
            http://atlasshrugs2000.typepad.com/atlas_shrugs/2008/01/obamas-oginga-o.html

            * TONY REZKO (Convicted Felon /Extortion and Fraud) http://abcnews.go.com/Blotter/story?id=4111483&page=1

            * NADHMI AUCHI (British billionaire who, according to one report, set up a variety of deals with Saddam Husseins regime prior to the 1991 Gulf War, and was one of the largest private shareholders in BNP Paribas, the bank that trafficked most of the funds involved in the UN Oil-For-Food scandal) http://www.beachwoodreporter.com/politics/obamas_auchi_problem.php

            * AIHAM ASMARA ( Alsammarae was arrested by Iraqi authorities for bilking the coalition government out of some $650 million. He was sprung from prison under questionable circumstances in 2006 and escaped from Iraq, where he is still wanted for questioning with regard to major financial crimes.) http://www.worldnetdaily.com/?pageId=70972

            * JODIE EVANS (One of Obamas presidential campaign bundlers who is a political ally to Venezuelan dictator, Hugo Chavez, and an advocate for Islamic militants.)
            http://www.melaniemorgan.com/content/view/744/2/

            * GEORGE SOROS (Billionaire; anti-America / anti-establishment radical) Major backer of moveon.org and Barack Obamas senate and presidential candidacy race) - Since 2003, the central focus of George Soros??? life has been on tearing down what he views as the FACIST TYRANNY of the United States. Through networks of non-governmental organizations, and his negative view of America, George Soros intends to knock America off its global pedestal. Soros' aim seems to be to make the U.S. just another client state easily controlled by the United Nations and other one-world groups where he has lots of friends. Soros additionally finances groups best described as helpful to terrorists.
            http://ibdeditorials.com/IBDArticles.aspx?id=275181103776079

            (Continued in my post below)

          • Posted By: sharenews @ 10/25/2008 6:18:14 PM

            (Continued from my post above)


            (Part 3 of 3)


            OTHER - SAMPLING OF ENDORSERS OF OBAMA:

            What triggers radicals, dictators, terrorist groups, et al, to endorse Barack Obama? He may denounce such endorsers, but the fact still remains that they totally support him. WHY?

            * HAMAS (terrorist org):
            http://www.cfr.org/publication/8968
            http://www.worldnetdaily.com/index.php?fa=PAGE.printable&pageId=64097

            * COMMUNIST PARTY OF THE UNITED STATES OF AMERICA (CPUSA) - (Marxist-Leninist political party in the United States) http://www.aim.org/aim-column/communist-party-backs-obama/

            * THE NEW BLACK PANTHERS (anti-Semitic black supremacist party)
            http://bigheaddc.com/2008/03/19/new-black-panther-party-endorses-obama/

            * FIDEL CASTRO (former Cuban President / Dictator) - Endorsed Obama
            http://www.rpof.org/article.php?id=382

            * MUAMMAR GADDAFI (Libyan political leader)
            http://www.youtube.com/watch?v=pFvWqEwq2Yw

            * KIM JONG-IL (NORTH KOREA) http://freekorea.us/2008/06/22/obama-gets-another-unwanted-endorsement/

            * HUGO CHAVEZ (Venezuelan dictator) - Richardson gets another foreign endorsement for Obama: http://hotair.com/archives/2008/04/28/video-richardson-gets-another-foreign-endorsement-for-obama/

            * CHARLES BARRON - (former Black Panther) - New York City Councilman (http://www.nypost.com/seven/11082007/postopinion/opedcolumnists/obamas_bad_news_buddies_862967.htm

            * DONNIE MCCLURKIN (ex-gay gospel singer who has claimed that gays are trying to kill our children) http://www.nypost.com/seven/11082007/postopinion/opedcolumnists/obamas_bad_news_buddies_862967.htm


            THERE IS MORE I COULD ADD. . . Why are controversial, radical people, organizations, etc. drawn to endorse Obama the way they do? ?

  • Posted By: Concerned Canadian @ 10/25/2008 6:19:42 PM

    BARACK HUSSEIN OBAMA WILL SUFFER FROM THE "NOBAMA EFFECT???...TOO BAD...HE WILL LOSE!!

    TODAY, AT BARACK HUSSEIN OBAMA'S DAMAGE CONTROL PRESS CONFERENCE ATTRIBUTED TO
    JOE BIDEN'S "RHETORICAL FLOURISHES" RELATING TO OBAMA NOT ABLE TO HANDLE THE PENDING CRISIS IF HE WERE ELECTED. BARACK HUSSEIN OBAMA GOES ON TO PROMOTE HIS ECONOMIC PHILOSOPHY OF "SPREAD THE WEALTH AROUND" SO THAT HE CAN CREATE AN AMERICAN SOCIETY WHERE ALL CITIZENS ARE AS EQUALS AND ON A LEVEL PLAYING FIELD IN ORDER TO PURSUE PERSONAL PROSPERITY. WELL, IN OTHER WORDS BARACK HUSSEIN OBAMA IS TELLING TO EVERY AMERICAN'S FACE THAT HE WILL BE "DICTATING" YOUR PERSONAL FINANCES. AND ALL YOU GUYS ARE EATING IT ALL UP.

    THIS POLITICAL DOCTRINE THAT OBAMA WILL IMPLEMENT IS KNOWN AS SOCIALISM, MARXISM, COMMUNISM, OR WHATEVER TERM ONE WANTS TO USE...BOTTOM LINE IS THAT THIS IS AN AFFRONT
    TO THE FOUNDATION OF AMERICA...CAPITALISM.

    TO IMPOSE THESE DRACONIAN MEASURES SUCH AS RAISING TAXES TO SUPPORT THOSE IN SOCIETY WHO DO NOT EVEN WANT TO SUPPORT THEMSELVES BUT OBAMA DECLARES "SPREAD THE WEALTH AROUND" WILL LEAD TO AN ECONOMIC ABYSS.

    IS THIS THE IDEOLOGY OBAMA ADOPTED FROM HIS CLOSE ASSOCIATION WITH WILLIAM AYERS WHO ALSO IS A BIG PROPONENT OF MARXISM?

    AMERICANS, IF INDICATIONS ARE CORRECT AND OBAMA GETS ELECTED, IT WILL PROVE TO BE THE THIRD TIME IN A ROW THAT AMERICA REGRETS WHO THEY ELECTED AS PRESIDENT.

  • Posted By: joe the reader @ 10/25/2008 6:15:19 PM

    nice job regurgitating RNC talking points NEWSWEEK...

  • Posted By: Vote Now @ 10/25/2008 6:09:11 PM

    THE GREAT BUSH DEPRESSION
    I follow an economist named Bob Proctor. He has called the top and bottom of every market crash since the 70s correctly.
    He perfectly predicted the current meltdown and the picture he paints about what will happen next
    is terrifying.He thinks it will be worse then the great depression.
    The banks in the U.S. are going under one after the other. Countrywide ,Bear Stearns, Lehman Brothers and Merrill Lynch , Fanny and Freddy Mae ,AIG
    The government took them over because they are bankrupt. Even with the goverment nationalizing hundreds of billions of dollars in debt the stock market is crashing
    the credit markets are frozen and all of us may suffer beyond anything seen in generations
    McCain just like Bush " doesn't understand the economy".
    That not just my opinion its his own words. Not only does he not understand how to fix it but he does not understand how its been broken.
    It is no surprise that he doesn't. The people that make up these securities use quantum mathematical models very few people understand.
    Bush and McCain both can take the credit for this mess since they helped deregulate the laws that were protecting us.
    Bush's economic advisor Phil Graham wrote the deregulation bill that allowed banks to take huge risks with all of our future.
    Now, Phil Graham is the head of McCain's economic policy.He is also McCain's choice for the next secretary of the treasury.
    No one in this country can afford for that to happen. The last time Bush met with his economic advisors was in March. He was the last to know somthing was wrong. Phil Graham had the guts to say that we are in a mental recession after he helped create the worst economy meltdown in our lifetime. Check out this link to the truth http://my.barackobama.com/keatingvideo
    It will take the best and brightest minds in the world to get us out of this nightmare. As bad as Bush has done, McCain would be
    even more destructive because things are in much worse shape. The next president will not inherit a budget surplus like Bush did but a crashing economy and a 11,600,000,000,000 (trillion) dollars deficit. Most of it Bush created and it will take decades to pay it back.
    If you do what you have always done then you will get what you have always got.
    When it comes to policy Bush and McCain are the same 90 percent of the time.
    So why are the polls even close then ?
    Mccains team just said they no longer want to talk about the economy.Instead they would like to spend time talking about obama
    which means running the biggest smear campaign in history.
    They think they can just tell you lies and you wont be smart enough to see through it
    Let's teach him we are smarter than that
    Stand up and hold them accountable
    Bush isn't on the ballot this year but his policies are
    Elect Obama Biden 2008

  • Posted By: Vote Now @ 10/25/2008 5:24:34 PM

    Comment: People on these bogs are fond of saying that the current economic meltdown was caused by Fannie Mae and Freddie Mac underwriting bad mortgages. While Fannie and Freddie obviously are guilty of writing bad mortgages, and worse, guilty of lobbying Congress to allow them to do so with impunity, their actions are just a small piece of the puzzle when it comes to determining who (or what) caused the financial crisis we face today.

    In 1929 the stock market crash caused the banks to fail, because the banks were in bed with the stock market. Back then, banks owned investment houses, so when the stock market fell, the banks fell too. This triggered the Great Depression. So in 1933 the Congress wrote laws that regulated banking, making it illegal for banks to own investment companies, mortgage guaranty companies or insurance companies. The idea was to keep key industries separated by a fire wall, so that if one industry failed the whole economy would not go down in flames.

    But the Republicans under Bush deregulated the banking industry. Senator Phil Gramm wrote legislation (the Gramm Rudman Act, the Gramm Leach Biley Act, etc.) that stripped away the regulations in the financial and insurance industies. He pushed them through the Republican Congress and they were signed into law by Geo. W. Bush. John McCain voted in favor. Everybody said how great it is to deregulate and create free markets.

    Lehman Brothers, Bear Stearns and Merrill Lynch each gave over a million dollars to Senator Gramm's re-election campaign.

    The economic collapse that happened later was a direct result of the deregulation, and here's how: the banks wrote bad mortgages, then bundled the mortgages into investment vehicles that they sold all over the world, and they even got firms like AIG to insure the investments. It was all a house of cards.

    If there had been no deregulation, sure we would have had a bunch of bad mortgages, and the mortgage guaranty and real estate industries would have suffered, but there would not have been a global financial meltdown, since the problem would have been contained in one sector of the economy. You can thank Geo W. Bush, Sen. Phil Gramm and Sen John McCain for the meltdown, since they were strong proponents of deregulation.

    Furthermore, although Fannie and Freddie are now holding the bulk of these bad mortgages, Fannie and Freddie did not originally write most of these mortgages. They bought them after the fact, bundled by banks/investment companies. Fannie and Freddie got screwed by the Wall Street fat cats. And so did you, if you pay taxes.

    What is Phil Gramm doing today? He works as a lobbyist in Washington, trying to make it legal for the Swiss bank he represents to sell Death Bonds in the United States. Nice guy, Phil Gramm. Incidentally, John McCain has said that he wants to appoint Phil Gramm as Treasury Secretary. Some people just can't learn from their mistakes.

    • Posted By: Lee Holmes @ 10/25/2008 6:08:56 PM

      More dishonesty. Gramm had less to do with the repeal of GLASS-STEGALL than Obama economics adviser Robert Rubin,else liberals and leftwingers,and not those on the right,would not be imploring Obama to dump Rubin and not embrace ''Rubinomics'',as all quite fairly,note Rubins role,performed over the course of three decades,in dismantling GLASS-STEAGALL. These include:

      DAILY KOS [''Obama Must Dump Rubin And Rubinomics'']

      THE NATION[''CITIGROUP:Too Big To Fail''?]

      MOTHER JONES[''The Death Of GLASS-STEAGALL'']

      TRUTHOUT[''Rubin No Friend Of The American Worker'']

      The American Prospect[''Friendly Takeover''[How Rubins economic policies will damage ''the Democrats and their constituants''].

      and PBS,whose FRONTLINE series aired on May 03,2003,nailed Rubin squarely for the coming meltdown.

      ''The Decline of GLASS-STEAGALL'' DVD/VHS

      The Senate of the United States Feb.24,1999 :''Testimony Of Treasury Secretary Robert E.Rubin Before The Senate Banking Committee: Reform Of GLASS-STEAGALL''

      www.senate.gov

      Lastly,the one and only bills to demand regulation of subprime mortages were perfomed by Republicans. Not Democrats. Indeed,it was Democrats who opposed such regulation. Then too, it was not ''Bush''who signed Gramm-Leach-Billey. It was Clinton.

  • Posted By: d49nj @ 10/25/2008 6:05:06 PM

    Every McCain becomes more and more insignificant

  • Posted By: TheVigil @ 10/25/2008 5:55:41 PM

    Between a naval hero and longstanding Congressman and an unproven lawyer from Illinois...

    Who would you vote for?

    http://www.youtube.com/watch?v=Cwhk1thFzGs

  • Posted By: onedivasinger @ 10/25/2008 5:34:06 PM

    So let me get this straight....Obama is a communist, socialist, Arab terrorist, Muslim, Chicago style pol/criminal, black radical, corrupt Senator who wants to turn the White House black and usher in a black power movement that wants to take over the country and punish white people for all of the ills that have befallen blacks throughout history...is that the sum total of it?

    • Posted By: Lee Holmes @ 10/25/2008 5:55:27 PM

      Nope. His socialist tendancies are a matter of his own record,both personal and political. His Chicago criminality or lack therof,remains to be seen. It is thus important that BOARD GAMES is allowed to develop to a full conclusion that would warrent Obamas innocence or guilt,even into his own administration. This is what partisans are demanding of Palin and ''troopergate''. They should be no less demanding of BOARD GAMES. Obama has already lied a few times at least regarding his relationship with Rezko as we have already seen. What else is he keeping back? Why would he have to be dishonest to begin with? What is Rezko telling the feds? You do not know. I do not know. Nor does anyone else not involved,which thus cannot present a blanket case for Obama ''innocence''.Or ''guilt''. Again,this remains to be seen. All that has been done thus far is to illuminate past associations with Rezko,and present ones with his associates,that have gone largely unremarked by the MSM outside of Chicago.

    • Posted By: sharenews @ 10/25/2008 5:38:57 PM


      Just someone running for POTUS who felt very comfortable surrounding his life around people of this ilk, which cant but make one wonder about his true beliefs, values and his character as a man running for POTUS. That is enough for me not to vote for him . . . all THAT and on top of it his have minimal self led legislature accomplishments and experience compared to John McCain.

  • Posted By: Kboogie @ 10/25/2008 4:32:38 PM

    "Gov. Sarah Palin's signature accomplishment ??? a contract to build a 1,715-mile pipeline to bring natural gas from Alaska to the Lower 48 ??? emerged from a flawed bidding process that narrowed the field to a company with ties to her administration, an Associated Press investigation shows."

    Are you serious?!?! The GOP has the balls to drudge up ANY type of scandal, involving ANYONE....?

    The best they can do is SHUTUP, and ride this loss out.

    • Posted By: sharenews @ 10/25/2008 5:52:16 PM


      Well, the GOP sure have plenty of stuff to work with relating to Obamas choice of characters he surrounded himself in the midst of in the past 20 - 30 yrs. And what does the MSM focus on? LOL. Gov. Palins wardrobe purchases which will be auctioned off and/or given to charitable orgs (Dress for Success, Suited for success come to mind to help give lift by wardrobing women for interviewing with companies). Oh, and we can forget that Palin bought a used tanning booth which was all over the news for a week.
      . . .

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