What would Fred do?
Leading off with the disclaimer — I have seen or heard nothing recent from Fred Thompson in reference to the current finance-credit-Wall Street crisis : he’s been silent (AFAICT) since his Sept 8 Townhall piece in which he blisters the bailout of Freddie and Fannie, and gives a scathing review of how we got to this point. I find it odd and troubling that Fred, | Read More »
Compare and Contrast
This: With this: Notice the top one had to be smuggled out of the country after filmed on a cell phone camera and the second, filmed by NBC Universal President Jeff Zucker, was done with a RED camera. Yeah, the US is such a dictatorial, evil, repressive nation. One more below the fold.
Your Next Supreme Court Justice – 52 Year Old Gov. Deval Patrick
That’s the buzz right now. People are starting to eye what an Obama administration would look like. Patrick is a leader for a Supreme Court nomination. This is the same uber-liberal Patrick that supported gay marriage and thinks guns are the cause of all crime. Bonus, he is only 52. Twenty years from now, Deval Patrick will still be interpreting and warping our sacred Constitution | Read More »
Message to Kennedy Democrats
As we have been informed via comparison to Barack Obama he is the next JFK. A communicator for the people, and by the people. However, when you compare the spoken word of JFK to BHO’s actions you see anything but that likeness. In fact, for political gain BHO has manipulated his image because so many people may have fond memories of JFK. The two are | Read More »
How Republicans Fix the Bailout
According to Ryan Ellis, who runs the American Shareholders Association and serves as ATR‘s Tax Policy Director, the failed “bailout” is a great opportunity for Republicans…if we just don’t blow it! Rellis says: There have been a lot of calls since the bailout failure yesterday for this-or-that public figure to resign, etc. Instead of engaging in useless displays of rhetoric, conservatives need to get behind | Read More »
Tide of Public Opinion Turning on ‘bailout’ Plan
Rasmussen’s latest survey has public opinion nearly evenly divided on the bailout: As Congress prepares to vote on a proposed economic rescue plan, opposition to the measure has declined significantly. A Rasmussen Reports national telephone survey conducted Sunday found that 33% of Likely Voters now favor the plan while 32% are opposed and 35% are not sure. For proponents of the legislation, that’s a significant | Read More »
Here is a gem of a youtube video… ` Now let us dare to compare it to this video…
Financial Crisis for Dummies
For all of those still struggling to understand the financial crisis, and how all of this happened, here is an illustrative description that might help you get a better grasp on how we got to where we are today. Then, let’s talk about who’s to blame. NOTE: I did not create it, but I wish I had. I’m not sure who created it, otherwise I | Read More »
A Conservative Reality Check: Main Street is Tied to Wall Street
If you listen closely, you can hear a lot of the “hell no” rhetoric starting to shift to “maybe we should vote for a plan.” Even Tom Coburn has now said he would vote for the plan. Why? Because while the conservatives on the Hill have been listening to people like me and you who are opposed to the plan, they are starting to hear | Read More »
Pelosi Thinks We Are Dumb
I have not yet come to terms with how I feel about the bailout. There is the part of me that understands what probably has to happen, then there is the part of me that knows what I would like to see happen. But this is not about whether we, the tax paying citizens of America should or should not pay for the mistakes that | Read More »
Memo to McCain Camp: Washington Has Failed. Send in Gov. Palin.
So neither party’s House leadership was able to deliver the votes to save the bailout. As Erick noted above, John McCain fought valiantly but came up short in trying to find support in his own caucus, while Barack Obama sat on his hands: Mr. Holtz-Eakin said Mr. McCain had made “dozens of calls” on the bill, some to House Republicans who opposed it. Aides to | Read More »
How Would a Romney VP Pick Look Now?
I like Sarah Palin. Selecting her as running mate was a bold move and paid initial dividends. There could more payoff from that pick in the coming weeks – particularly after the VP debate. Given the current economic crisis, however; a Mitt Romney pick could have turned a perceived McCain weakness into a major strength for the ticket. Romney has the proven financial expertise that | Read More »
Shame on the Democrats and their community organizers
This is just wrong. The Washington Post reports voters spread the blame for the broader economic problems facing the country: In an open-ended question, a quarter of all voters said George W. Bush is responsible for the economy’s relatively poor performance, more than any other single cause. About a quarter name Congress (8 percent), the federal government (8 percent) and Democrats and Republicans (5 percent | Read More »
History may record that Hank Paulson threw the election to Barack Obama
I know that Leon has just written a strong defense of Hank Paulson. I highly respect Leon’s contributions here at RedState, but in this case, when I step back a bit and review the whole drama around this Mother of All Bailouts™, I see Mr. Paulson at several key steps taking actions that directly and selectively have harmed John McCain’s standing as a candidate, an | Read More »
Who do you think said these words?
True order is that based on freedom, on respect and on justice, but at the same time that which precludes the use of force I am certain that as soon as the President of the Republic takes office and assumes command of the situation, he will decree the re-establishment of all rights and freedoms, including the absolute freedom of the press, of all individual rights, | Read More »
Great crisis creates great opportunity–McCain must appeal directly to the people
Dear friends and fellow Americans, Like many conservatives, I have grown increasingly depressed during the past week–worried about the prospects of Republican-electoral disaster, the consequent enactment of socialist policies by a federal government dominated by liberals, and the consequent crippling of our national prosperity. Jim Geraghty wrote something yesterday that gave me hope–and indicates that the great crisis presents a great opportunity for conservativism and | Read More »
plans of mice an men
all this economic manipulating and deregulation only worked if you have an expanding economy. the 800 pound gorilla in the room is congress failure to act on a energy bill, that would get this economy back on the move. Throwing a 700 billion bone to banks does not do much good if business and government can’t afford to run, do to the high cost of | Read More »
Good New McCain Ad
I don’t know how much play it will get, but hopefully a good bit.
The New Pelosi Bill
I just spoke to someone from my Congressman’s office, He tells me the word is the Dems. are working on a new bill that would include Acorn among some other goodies for the Marxist Left. He say’s they may try to pass is with out Republican support. I say good let them do it, if the American people oppose the bill as it stands they | Read More »
WHAT SARAH PALIN NEEDS TO DO THURSDAY NIGHT
First of all, let me direct you to an excellent piece by Mark Goldblatt on National Review Online that demonstrates what Palin should do in a very direct and well said way. It can be found on www.nationalreview.com. First, Gov. Sarah Palin has accomplished a great deal in Alaska by not being a typical politician. She needs to represent that. She needs to speak like | Read More »
Barack Obama’s ACORN Ties
This is your must read of the day. The media will not report on Barack Obama’ ACORN ties. The relevant question for all of this, however, is this: Did Barack Obama, as a voter registration organizer for ACORN, participate in or encourage voter fraud? I suspect that he did. I’m told that Illinois and Missouri voter registration problems have Obama’s finger prints on them from | Read More »
The Age of Entitlements and MOAB
It’s true. Like Metallica said, “Sad but true.” MOAB (Mother of All Bailouts) is only the first modern step towards economic fascism/socialism, notwithstanding the foundation of the New Deal and its blueprint for government interventionism. How have we come to this? How have we abandoned personal responsibility in favor of the nanny state and its promises of economic security? Fear is a strong emotion and | Read More »
How Obama’s gift of gab can be used to make him look silly
**I have heard John McCain say, several times, that he warned us about Fannie Mae and Freddie Mac years ago. I believed him. But, I must confess. It went in one ear, and AROUND my brain, before exiting the other ear. I hear it, and knew it. But it just didn’t register. This morning though, I had an entirely different reaction to the same statement. | Read More »
I guess now is just as good a time as any to start this, especially as I have been hearing a lot of people throw around blame to a lot of different targets, yet I think some of the most deserving of the blame are going unnoticed. I’m really not trying to point fingers here, but as everyone wants to be a Monday morning quarterback, | Read More »
How about a REDSTATE ROUNDTABLE on the bailout and credit crisis
It’s not so much that I think the RedState Directors have a better knowledge than the rest of us on this issue but that they seem to be the only ones who can access the RedState servers consistently and reliably enough to make detailed and cogent arguments in support of their disparate opinions. Besides, in fairness to all of them, they have all made very | Read More »
Open letter to Senator McCain
Dear Senator McCain, I’m going to be honest. You were my third choice in the GOP primaries, behind the great Rudy Giuliani and the brilliant Mitt Romney. However, this presidential election is a choice between two men, two competing visions, and I have every intention of voting for you on November 4th. Although this sounds like a cliche, this election is the most important, at | Read More »
I have to lift my support of John McCain. I instead support Sarah Palin but will not vote. I will not participate in this wonderful democracy as a voter but instead an advocate for real, profound change. The type of change that restores our economic foundation, our leadership in the world, and change that brings common sense back to Washington. I want a candidate that | Read More »
So, what’s next?
Monday was an historical day for taxpayers. 228 Representatives, both Democrats and Republicans, said no to the outrageous H.R. 3997, a.k.a. $700 bi unconstitutional, socialist bailout scheme. What’s going to happen next?
30 Reasons To Support A Quick Deal
There is no ideal solution to this mess. There is no happy ending for conservatives. But If we can ever learn to seperate election politics from ideology, we can get back to trying to win this election. It’s not going to happen if things don’t change. The bailout has consumed the news cycle and that is bad for Republicans. Meanwhile these storylines (and others) are | Read More »
This is the copy of the email I sent to the Speaker of the House, I don’t know about you but I am tired of OUR money being spent on pet projects, their friends companies, lobbyists companies etc. If they have the money to bailout the Wall Street bunch then there is enought to NOT TAX us for 5 years…What do you think? Dear Speaker | Read More »
Obama to the rescue?
95 Democrats voted down the bailout. These were not moderate democrats rather liberal party hacks. 12 of Franks own committee members voted no. Nancy tried as hard as possible to keep the republicans from voting as well with her “I hate Bush” speech. Why would they try and kill the vote? My opinion is this was all a ploy for our pal Obama to come | Read More »
We we go
Americans are paying a high price for being politically correct. The real scandal of loosening underwriting standards – done in the name of ending discrimination – had as it’s biggest cheerleader – Barack Obama. But it was the Clinton administration, obsessed with multiculturalism, that dictated where mortgage lenders could lend, and originally helped create the market for the high-risk subprime loans now infecting like a | Read More »
Bipartisan Rejection, Populists and the Grassroots
What’s most interesting about the failed bailout plan is that it was such a bipartisan decision. Until yesterday I had no idea that 95 Democrats would oppose the plan. After supposed “leader” Nancy Pelosi ransacked many Republicans for their hardcore stance against the bailout, you would have thought her people would come through. Not so much. As Daniel Larison writes today at Culture11, “Indeed, the | Read More »
The Market “Crash” In Perspective
“That was the biggest point loss in American history, although percentage wide it wasn’t even in the top ten.” — Megan Kelly, Fox News, September 30, 2008.
Slouching towards Gomorrah
Turning and turning in the widening gyre The falcon cannot hear the falconer; Things fall apart; the center cannot hold; Mere anarchy is loosed upon the world, The blood-dimmed tide is loosed, and everywhere The ceremony of innocence is drowned; The best lack all conviction, while the worst Are full of passionate intensity. Surely some revelation is at hand; Surely the Second Coming is at | Read More »
The Numbers: Obama, Pelosi, and Frank failed
CNN is in overdrive blaming the Republicans for killing the bailout. This morning they ran a story headlined “The Death of the American Dream” about how angry the public is and how the bailout would have helped people, even though people are so angry and blaming Wall Street the people did not want the bailout. In any event, consider these numbers: Number of additional votes | Read More »
Why I’m against the bailout, or whatever you want to call it.
It’s semantics, after all. In political terms it’s called: kicking the can. It’s not the money, although it’s a staggering sum. It’s the root causes. Nobody wants to talk about those in any productive way. It’s the finger pointing and partisanship. We hear, let’s just pass this thing and work on the causes later. We have heard this time and again with every new crisis | Read More »
Fire Thad McCotter.
Thad McCotter voted against the bailout yesterday. I have no idea what his problem with it was; no person who watches Washington closely will say that he’s got a genuine principle against appropriations small or large. Furthermore, the most credible guy in either chamber on wasteful government spending was on board with the bailout as a necessary evil. Thad McCotter, however, joined with a bunch | Read More »
Expose the Truth About Barack Obama
Human Events has been running a very successful campaign to distribute its special editorial supplement, “The Truth about Obama: What Every Citizen Needs to Know,” to conservative student leaders and selected media outlets across America. This is Human Events’ way of spreading the conservative message more widely and familiarizing more people, especially young people, with the work of Human Events. RedState is pleased to | Read More »
The Ten Most Dangerous Words In The English Language
The ten most dangerous words in the English language are “Hi, I’m from the government, and I’m here to help.” -President Ronald Reagan
Trump: “Oil is the Problem”
In an interview just aired on CNN, real estate investment tycoon, Donald Trump stated that the “real problem is oil”. He went on to say that just lowering interest rates would not help this economy and while he favored the bailout bill he did not know if that would work. (Update: He previously supported the bailout, but a poster says he now opposes.) Trump is | Read More »
MI Morning Update
35 Days until Election Day September 30, 2008 MORNING UPDATE: COMPROMISE…FINANCIAL BAILOUT/WORK OUT FAILS…House Republicans in particular, worked to get a package that not only helped provide liquidity on Wall Street, but reflected the concerns of Main Street and taxpayers. Republicans are pushing for suspension of "mark to market" accounting. Democrats played politics with this bill. Speaker Pelosi tried to play both sides. This is | Read More »
Can McCain Still Win?
We are running out of time. We are fast running out of time and there is dammed little room for maneuvering. The voters are solidifying their positions. It was a cute stunt attempting to spin the election so that McCain was the agent of change. It came close to working but then inexplicably the McCain campaign took the only person in the race who is | Read More »
Beware of Media Spin, Polls
First, a Bailout Update: The House bill to provide $700 billion in liquidity to the financial system failed on Monday by a vote of 228-205. A total of 95 Democrats joined 133 Republicans to kill the bill, showing a bipartisan concern over its cost. Only 65 Republicans voted for the bill. The Dow futures opened up sharply today (Tuesday) so that markets may rebound from | Read More »
The Day After….
I will start this post with a disclaimer. I am a novice when it comes to financial markets. I invest in stocks and such and I watch the markets, but I am not one you can consider reliable source. However, I can watch the news and make observations that are not too bad. They are just not always right. With that said, I woke up | Read More »
Oscar-Winning Performances, and the Death of Wall Street
Treasury Secretary Paulson gets the Oscar for Worst Salesmanship in Support of a Financial Rescue Plan (Super-Heavyweight Division). I think you’d be hard-pressed to find one person out of twenty who understands that Paulson’s bailout plan is not a transfer of tax money from the middle class to the wealthy. It’s not the slightest surprise that more than half of Congress would find it impossible | Read More »
MI Conservatives help stop bailout; MI Democrats skyrocket home heating prices
Cross-posted on Right Michigan at www.RightMichigan.com. It seems like only last week we were lamenting the fact that home heating rates were headed up again this winter. That a record number of Michigan residents were facing termination of service. That burning natural gas was too expensive and that those who can least afford it would be better off burning their furniture to keep warm this | Read More »
Tags: alternative energy
Requiem for the Economy
As Nancy Pelosi casts the pieces of “The Paulson Plan” on the waters, Congress on both sides of the aisle might consider their sins of the past. From Alan Greenspan’s 2004 testimony to Congress: GSEs–the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), and the Federal Home Loan Banks (FHLBs)–collectively dominate the financing of residential housing in the United | Read More »
Sarah’s Talking Points on Religion
Just a few ideas about Sarah Palin and what she needs to tell America about her faith. I believe in God, just like most other Americans. I highly value the fact that many of the first settlers were Christians who were looking for freedom of worship. I believe in the separation of church and state, but I don’t believe in the exclusion of the church | Read More »