Posted by Nevada Pundit in Barack Obama, Congress, Corporate World, Democrats, Economy, John McCain.
Dems are using economic fear tactics stating that the economy in general is broken. No, it isn’t. The financial sector is broken. Now granted, this is the one section that has the potential to spread to other areas quickly and by all means needs to be fixed ASAP, but manufacturing, energy, technology and the service industries are all showing growth. Of course this answer doesn’t really provide Obama with what he needs to paint McCain as the bad guy, so Obama did what Obama does best, he exaggerates the situation.
Well here are some interesting tidbits to keep in mind as Obama goes to war with the greedy Wall Street CEO’s and fixes this problem that he is convinced that only he can fix. Sen. Dodd (D) is the main beneficiary from lobbying effort by Fannie Mae and Freddie Mac, Sen. Obama is number two on that list. Biden’s main campaign contributor is MBNA and, as we all know by now, his son has received quite a bit of money from MBNA for lobbying activities. Biden’s voting record really does prove that lobbying works.
The democrat’s hero, Bill Clinton, is the one that signed legislation forcing banks to ease up lending restrictions which lead to the irresponsible loans that were made by the banks. Freddie and Fannie funneled huge amounts of lobbying money into the pockets of the democrats to ensure continued support of these programs by the government. Unfortunately, this is one that the republicans blew too. It is all of the government’s job to remain diligent to issues that may have a negative impact on the American people and all of government failed us.
So what’s the plan? Well Obama’s plan is to allow politicians, the same ones who do such a bag up job keeping the books straight in D.C., influenced by the same people who got us into this mess, to come up with new government regulations on the finance industry. This is the equivalent of randomly placing duct tape around a collapsing building and hoping it doesn’t fall again in the future. McCain’s plan, while much better, still isn’t perfect. McCain wants to form a commission to find out where the weak spots are and put in proper regulations that will actually make a difference. This is equivalent to strategically placing plaster on the weakest parts of the building, but it is still the same old crumbling building.
Let’s look at this building. It is created from a hodgepodge pile of regulations dating back more that 100 years. Few of these regulations were ever made proactively, most were made as a reaction to problems that already existed and none were made as part of a cohesive plan. This building made of government regulations is the shack surrounded by the huge skyscrapers that is today’s economy. It is time to tear it down and rebuild. It is time to set in place a system of regulations that is relevant to the economy of today, one that is cohesive, effective, adaptable, and doesn’t smother the free markets ability to grow. Having more regulations is not the answer, having the right regulations is.
The last thing that is needed is to have a government watchdog group to pay attention and be diligent to the economy. Congress has a tendency to pass laws, shake each others hands, pat them selves on the back for a job well done, and then forget about what they just accomplished. Nothing stays the same in this world. The government needs a constant watch and to use consistent diligence on the issues that they are responsible for. This is a part of their job that they are failing at and until this is done the world will continue to change around them and the purpose of government will continue to be playing catch up. It is now the 21st century and the country needs a 21st century government.
Posted by Nevada Pundit in Barack Obama, Character, Democrats, Inexperience.
Take the same old rhetoric we have heard from the democrats before, throw in a dash of celebrity and an extra twist of liberalism and your done. When you’re having a really rough time in the polls you can always add a pinch of centralism just to spice things up but drink fast as this flavor fades quickly. The nice thing about this drink is it is substance free so you don’t have to feel bloated down by such things as policy afterwards.
When you have a senator that votes party lines 96% of the time it isn’t change, its follow the leader. In fact, it shows a complete lack of leadership. The only time Obama has ever gone out on his own was on the Iraqi war, which he has slammed at every opportunity even though in his own words Saddam Hussein had “repeatedly defied UN resolutions, thwarted UN inspection teams, developed chemical and biological weapons, and coveted nuclear capacity,” and that he “butchers his own people.” Obviously Obama stands for an America that allows this type of evil to exist in our world. America has always stood for freedom and democracy, if Obama had a little more experience he would know this. Nine days later the resolution to invade Iraq was overwhelmingly passed. So on his own Obama is 0 for 1, some leader.
In his short lived Senate career Obama has introduced three items of legislation. The first is an ethics bill that was ridiculed as weak even among his own party. The Dignity for Wounded Warriors act which never made it out of the Democrat controlled Senate Armed Services Committee. This bill went down without a fight, even from Obama. Finally there is the Lugar-Obama bill that is essentially a follow up to broaden the effects of the Nunn-Lugar bill of 1991. While essentially a good bill it was destined to succeed, not really a strong mark of a leader to be attached to a bill that had overwhelming support from the get go. Interestingly enough Lugar tends to get most of the credit for this legislation.
So what has Obama history shown us? That he is not a proponent of change, only of continuing the policies of the well established DNC and there is nothing new there. That he will not fight for ideas he believes in. That he is more than happy to float on the coat tails of more well established politicians. Last but not least, that he doesn’t have the experience to come up with or implement his own ideas but would rather extend party partisanship. In effect Obama has shown that he is not ready to be President and if elected will be seen as one of the most ineffective Presidents ever. Let’s hope it doesn’t get that far.
Posted by Nevada Pundit in Character, Congress, Democrats, Elitism, Nancy Pelosi, Socialism.
Here is a nice little article on Mother Pelosi showing us what a true elitist is:
House Speaker Nancy Pelosi (D-Calif.) told convention-goers Tuesday morning that polls are underestimating the strength of Barack Obama, contending he will win with the support of new or intermittent voters, who are not generally polled.“I’m very comfortable with those polls,” Pelosi said at a rooftop breakfast panel near the Democratic National Convention. “I think he is trouncing him. I want more of a spread, of course — I want it all.”
Pelosi paused to chuckle along with the crowd, then added: “We will get much more in the House and the Senate, and we have to have a Democratic president — nothing less is at stake than our economy, our Constitution, our budget, our reputation in the world, ending this war — the list goes on.”
Once again Mother Pelosi is showing exactly what she really thinks of the American People, that they don’t know what is in their best efforts and only she and the democrats can lead us to salvation. In her opinion, the only way to save us is to give all power to the democrats of which she handles the reigns in congress. In her own words, “I want it all”. Another little quote she gave at this meeting, while meant to be cute, really shows some insight to her thought process. “Think of me as a lioness — you threaten my cubs, you have a problem,” she said. According to her she is in charge and the people of the U.S. are her little cubs she needs to protect and guide and nourish.
Understand that Pelosi’s idea of a fair and even congress that is supposed to support the ideas of democracy is to use streamlining to get bills to pass and to allow no vote for opposing ideas. I have news for her, that is border line dictatorship and does not promote the values of our great country. Pelosi does not know what is best for America, what she does know is what is best for her and her narrow vision of the socialist path that she wants to lead this country down, and she wants to do this without opposition and debate.
I think that I still like the idea of living in a country that stands for freedom and personal responsibility, if I wanted to live under the rule of an all guiding government hell bent on being involved in all parts of my life I would move to a country with a dictator. Luckily, thanks in large part to the efforts of the Republicans, those are much harder to find these days.
Remember, a vote for Obama is a vote to take away the threat of veto from Pelosi.
Posted by Nevada Pundit in Congress, Democrats, Policy.
Imagine that, a democracy in where voting is not allowed. See what the Dems are up to today.
WASHINGTON (CNN) — Republicans on Wednesday pressured congressional Democrats for a vote to lift a ban on offshore drilling before Congress begins its summer recess.
The partisan fight over offshore drilling has stalled efforts to pass legislation meant to lower high gas prices before Congress adjourns for its monthlong break at the end of the week.
Most Republicans want to lift a 1981 ban on offshore drilling, saying it will increase domestic oil supplies. But the Democratic leadership wants to keep the ban in place, arguing that more offshore drilling will have little effect on prices and could threaten the environment.
Democracy being repressed by the democrats. Yes I know that this is politics as usual in D.C. but does it strike anyone as strange that the call for debate and a vote is denied. Isn’t the foundation of our government based on these ideas?
I find it unusual that the best use of the democratic congress’s time is not solving or even trying to solve the problems that this country and its people have but to play campaign games with Rove and Stevens. While I do agree that wrong doings by any politician should be dealt with, I can’t see why the democrats feel persecuting these two should take precedent over the more pressing affairs of the American people. Of course, with election time coming near it would be easy to assume why. Democrats first, the public second, and republicans third (unless of course paying attention to a republican relates to democrats first).
Congressional rules should be changed to allow the free flow of ideas, allow debate, and allow a vote. Now I’m all for rules that allow for a structured debate but debate none the less. About the only thing worse than not allowing debate is this wonderful system the dems are using to actually pass laws with out a vote, that idea boarders on dictatorship.
On a personal note, I appreciate everyone who is coming to read my blogs (though I wish more would comment). To date today has had my most visits with 153 and counting. With all that said I am going on vacation for the next few days and won’t be able to post. I will be back on Monday with something new so please don’t forget me. Enjoy your weekend.
Posted by Nevada Pundit in Barack Obama, Democrats.
Interesting tidbit today: The DNC has gone on record (again) to defend earmarks.
It’s nice to know that the Committee feels strongly about sticking up for a practice known for entailing a total lack of transparency, funds being allocated to projects often without a vote even being held, and, frankly, a great deal of waste. Voters don’t tend to like that kind of thing, so in my book, it’s absolutely fantastic that Howard Dean & Co, and (by extension) Barack Obama, are publicly indicating that they do.
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