These are the rants and raves of a stubborn-headed, midwestern, baby boomer, liberal, wife, mother, and grandmother. My goals are to speak my mind and educate others about some of the events in our world.
Friday, October 31, 2008
Friday's Updates
* Check with your neighbors this weekend and make sure everyone has a ride to the polls. If you know anyone without a car, see if they need a ride to vote.
* According to Open Secrets, Republican candidate for Ohio's 7th district, Steve Austria, has received political contributions from the following industries: Oil & Gas- $13,000; Lobbyists- $21,100; etc.
* Sarah Palin is definitely not qualified for the office of Vice President. Did McCain seriously think that women would flock to his campaign because of his running mate? McCain and Palin want to imprison women who seek or receive an abortion. They even want to lock up doctors who do abortions. McCain and Palin want to outlaw abortions even in the case of rape and incest. Shame on them. How can they force someone to go through a pregnancy that was caused by rape/incest?
* John McCain is against equal pay for equal work for women. Does McCain just hate or disrespect women?
Thursday, October 30, 2008
Coincidence?
CBS News is reporting that a lawsuit alleges that Norm Coleman's wife has received $75,000 in payments.
Use Common Sense
Do you have health insurance now? Do you want to pay taxes on that health insurance? Vote for McCain because he promises to tax your health insurance.
>> Economists aren't using the word yet, but we know that we are in a recession. We've known it for a long time in Ohio. However, the big shots on Wall Street and the Bush administration won't use the word "recession" for fear that the sky will fall. Everyone knows it is a recession. Just ask the people being laid off or those whose work hours have been cut back. People are hurting and it is all because of the Republicans who did nothing to keep the economy going. The administration's hands off policy on Wall Street has allowed some CEO's to get bonuses that are obscene and misuse the public trust. While Americans are struggling to buy food and keep their families warm, the Republicans have ignored everything and pushed for more deregulation. They just want to keep the status quo, keep the war going in Iraq, and continue the "trickle down" economics that the Republicans use as their mantra.
If you want change, you are going to have to get up off the couch and go vote for Barack Obama and every Democratic candidate. The Republicans have become obstructionists and they are standing in the way of progress.
Here in Ohio's 15th district, we have the chance for real change by electing a wonderful Democratic candidate for Congress, Mary Jo Kilroy. Kilroy has strong roots with real working people. Her opponent is a former bank lobbyist who favors banks and insurance companies.
Get up and vote. Call and e-mail family and friends and remind them to vote.
Wednesday, October 29, 2008
Thursday---- 5 days to go!!!!
Even more on Stivers from Patricia Thurston's Radio Weblog:
...In the OH-15 open House seat between Democrat Mary Jo Kilroy and Republican Steve Stivers. Emily's List, the national group that supports pro-choice women candidates, highlighted Stivers's opposition to requiring insurers to cover contraception when he served as a state senator....
> Somewhere John Boehner and the Ohio Republicans are crying because their latest attempt to disenfranchise voters has failed. The Caucus at The NY Times:
The Department of Justice will not require Ohio to disclose the names of voters whose registration applications did not match other government databases, according to two people familiar with discussions between state and federal lawyers.
The decision comes about a week after an unusual request from President Bush asking the department to investigate the matter and roughly two weeks after the Supreme Court dismissed a case involving the flagged registration applications..........Most studies by non-partisan groups have found little evidence that voter fraud is a wide-scale problem or that fraudulent or duplicate voter registration applications lead to ineligible voters casting ballots.....
Ohio Republicans will still try to stop people from voting. Be alert.
Obama Will Lower Taxes for Middle Class
On the other hand, McCain and the Republicans will provide big tax cuts------ but only for the rich---not you. Do you honestly think McCain and the Republicans would not reward their fat cats, oil companies, and big contributors? McCain and Palin are offering nothing but rhetoric and hatemongering.
If you don't believe me, check the ObamaTaxCut.com and rejoice in your Obama tax cut.
In order for Obama to get the tax cuts for the middle class, more jobs, and a more vibrant economy, we're going to need a Democratic House of Representatives and Democratic Senate. That means YOU are going to have to vote for Democrats. The Republicans have had more filibusters to stop legislation. We've got to change the way Washington does business and that means-----
Tuesday, October 28, 2008
Tension In the Air?
Monday, October 27, 2008
Updates From Here and There
> In Minnesota, Republican Norm Coleman is in a tight race with Democrat Al Franken. Coleman has been a major cheerleader for the Bush administration and has even been invited to the Bush Texas ranch. That invitation must have been a reward for Coleman's unrelenting support for Bush's policies.
> Ohio voters still have a few days to participate in 'Early Voting.' Vote now to avoid the election day delays.
> Ohio's 15th congressional district has popular Franklin County Commissioner, Democrat Mary Jo Kilroy, running against Republican Steve Stivers, a former bank lobbyist. Hopefully, Kilroy will win this because Democrats are more motivated and more active in this election cycle.
Sunday, October 26, 2008
Saturday, October 25, 2008
Bush and Boehner Interfere With Ohio Election
President George W. Bush late Friday asked Attorney General Michael Mukasey to investigate whether hundreds of thousands of newly registered voters in the battleground state of Ohio would have to verify the information on their voter registration forms or be given provisional ballots, an issue the U.S. Supreme Court weighed in on last week.
The unprecedented intervention by the White House less than two weeks before the presidential election may result in at least 200,000 voters in Ohio not being able to vote on Election Day. Information on the 200,000 voter registration forms does not match up exactly with information on government databases. Republicans are claiming that's evidence of voter registration fraud.....
.....In a statement on his website, Boehner said starting today, “Ohio elections officials will begin removing ballots cast during the state’s early voting period from their identifying envelopes, eliminating any possibility of catching fraudulently cast ballots.”
I guess we can say that the Republicans have gotten their way this time. I just hope the 10,000 Obama lawyers get wind of this move and do something about it. The last person I want near my vote is John Boehner.
Man Arrested for Threatening Jennifer Brunner
The Ohio State Highway Patrol arrested a 51-year-old Columbus man late Friday in connection with last week's telephone death threat against Secretary of State Jennifer Brunner.
Dana McArtor was charged with intimidation, a third-degree felony.
If convicted, McArtor faces five years in prison and a $10,000 fine, Lt. Tony Bradshaw said. McArtor was being held in the Franklin County Jail...
The Ohio Daily Blog has more:
...the Ohio Republican Party held a press conference at which Deputy Chair Kevin DeWine insinuated that the security breach at the Secretary of State's web site earlier this week was faked, and spoke dismissively of the death threats received by the Secretary of State....
.....Later in the day, the Ohio State Highway Patrol arrested a 51-year-old Columbus man late in connection with one of the death threats. The man, Dana McArtor of Riveria Court, was charged with third-degree felony intimidation. He is a registered Republican.
Ohio Democratic Party Chair Chris Redern made this statement about DeWine's comments, before the arrest occurred:
"Republican Party leaders sank to an outrageous new low today by accusing the Secretary of State of covering up for election fraud, suggesting that she had fabricated the security breach currently under investigation by the Ohio Highway Patrol, and even downplaying the recent threats made against her life. The Ohio Republican Party has lost their sense of basic decency in a storm of wild charges, frivolous lawsuits, scare tactics and deeply personal attacks."A registered Republican.
Friday, October 24, 2008
Boehner and DeWine Still Trying to Ruin Ohio Election
Boehner, Kevin DeWine, and other Ohio Republicans are trying their best to disqualify large numbers of Ohio voters, create chaos on election day, and call into question election results. I'm not a lawyer, but I think that Boehner and his GOP friends are trying to create panic and unrest. The Columbus Dispatch (which hasn't endorsed a Democrat since 1916) is doing its part to report on Boehner's efforts.
Thursday, October 23, 2008
Republicans Only Care About Themselves
StarTribune: ...In recent remarks to a gathering of Sherburne County Republicans -- reported in the West Sherburne Tribune -- Bachmann called any human connection to global warming "voodoo, nonsense, hokum, a hoax."
How in the world did she ever get elected in the first place? Bachmann sounds like a fool.
> Oh, my. Rudy Giuliani is going to Minnesota to campaign for Sen. Norm Coleman (MN-R), according to FoxNewsTwinCities. That in itself would stop me from supporting Coleman.
> Ohio Secretary of State Jennifer Brunner, a Democrat, has been under unprecedented attacks by Ohio Republicans. Besides taking Brunner to court, the Ohio Republicans and Kevin DeWine are doing their part to intimidate voters and Jennifer Brunner. It is really sad that these Ohio Republicans like DeWine are sooooooooo afraid of fair elections. I'm sure every single day they pray for a Republican to become the Ohio Secretary of State again so that they can control the elections like they did under the infamous Kenneth Blackwell. According to Raw Story, Brunner has had death threats and cyber attacks. Hmmm. Do you wonder where those threats and attacks originated? Me too. I hope they find those people who are threatening others and put them in jail.
> Ohio Republicans have a penchant for finding candidates for their party with names of celebrities. The Ohio GOP has people like Kevin Bacon and Jimmy Stewart running for office. I'm sure, even as I write this, the Ohio GOP is looking for a Republican named "Clark Gable" or "Steve McQueen."
> OMG! Grover Nordquist is on a TV campaign ad for extreme right wing group Let Freedom Ring. Grover Nordquist has been called the 'Field Marshall of the Bush Plan.' Nordquist once said, "...My goal is to cut government in half in twenty-five years, to get it down to the size where we can drown it in the bathtub." (Source: The Nation) Doesn't Nordquist sound like a real right wing extremist? Can you imagine what would happen without any regulations and protections for Americans? Oh, wait! That already happened on Wall Street.
***** Want to see how much of a tax cut you'll get under Barack Obama's plan? Visit Obamataxcut.com for full details. You'll be pleasantly surprised!
Wednesday, October 22, 2008
How can anyone believe the Republicans?
NY Daily News:
......Sarah Palin also has a spectacular new wardrobe, and Republican campaign donors picked up the breathtaking tab.
The Republican National Committee spent $150,000 on clothing and accessories for the vice presidential candidate and her family since early September, according to a report by the Politico Web site....
They spent, according to the Daily News, $4,716.49 on hair and makeup for Palin. (This makes John Edwards' $400 hair cut look like chump change.)
Is that even legal? Can a political committee spend campaign money on clothing for a candidate? The RNC took her shopping at Neiman Marcus, Macy's, and Bloomingdale's. What is the matter with Target?
The Republicans expect Americans to believe their lies. However, Americans are beginning to look beyond the Republican talking points to to look for the real meat of the campaigns. No matter what he says---- John McCain doesn't understand how to fix the economy. McCain's lifestyle (7 houses, 13 cars) is so different from regular Americans that he is clueless about the cost of diapers, milk, gasoline, and other essentials. How can he fix the economy if he just doesn't get it?
Vote Obama. Vote Democratic.
Tuesday, October 21, 2008
Why can't Ohio have fair elections?
The Republican Party's utterly baseless allegation that Secretary of State Jennifer Brunner is facilitating voter fraud (and that the Democratic Party is attempting to "rig the election") has unleashed an assault on the basic functioning of her office just as preparations for the general election are in high gear:
afternoon that the state website has been set in a static mode with
limited functionality as a precaution. The Ohio State Highway Patrol
will assist with an investigation of one or more security breaches
detected by the Secretary of State....
....This has gone far beyond anyone's definition of acceptable political tactics. As State Sen. Teresa Fedor wrote at Glass City Jungle yesterday, the Republicans are "trying to destroy our election system just to win an election" (although I would add that their other goal of unseating Brunner in 2010 is also in the mix). This despicable assault comes a hell of a lot closer to "destroying the fabric of democracy" than anything ACORN has allegedly committed, even in John McCain's feverish imagination.
What is it about Ohio's elections? Do the Ohio Republicans really need to challenge so many voters? Does the Ohio GOP's aggressive attempt to disenfranchise voters also turn off their level of support from the public? Face it. If a political party questions your right to vote, why would you lend your support to that party in the future?
An article in today's Columbus Dispatch (they've endorsed McCain), raises the possibility of complete chaos on election day in Ohio. Why would the Dispatch do this? Are they trying to create contested elections? Are they trying to discourage voters from voting? Why does the Republican-leaning Dispatch even suggest the chance that the Ohio election will be a disaster? Does the Dispatch know about some scheme that the Ohio Republicans have up their dirty little sleeves?
My advice to voters is this--- Vote Obama and Democratic in such large numbers that the Ohio GOP will have nothing to question.
Monday, October 20, 2008
The Good, The Bad, The Scary
General Colin Powell's endorsement was good. Powell is honored and respected by millions of people for his military career and his dedication to this country.
THE BAD-
Republican Rep. Michelle Bachmann voiced some dangerous McCarthyesque views. Now she says she was misunderstood. The Star Tribune has more on Bachmann
THE SCARY-
On the Sunday edition of Hardball on MSNBC, Joe Scarborough said he thought that Jeb Bush was the future of the Republican Party. Hasn't our country suffered enough under the Bush family???????
Friday, October 17, 2008
Please defeat Bachmann!!!!
Here is what Mark Gibson of Abject Conjecture had to say about Bachmann:
In a very bizarre and frightening interview on Hardball with Chris Matthews, Congresswoman, Michele Bachmann accused Barrack Obama of being aniti-American and went on to smear every person calling themselves LIBERAL as possibly being the same. She practically begged the media to do and widespread and in-depth investigation into both legislative branches in an effort to expose this serious threat to the very nation....
Americablog has a similar posting and a link to part of the video at YouTube:
The Democrat running against her is Elwyn Tinklenberg. Here is his campaign website: http://www.tinklenberg08.com/ Let's work to get Democrat Tinklenberg elected in Minnesota's 6th district. (By the way, Bachmann has refused to debate Tinklenberg.)
I've just visited his Tinklenberg's website and contributed money to his campaign. Please do your part to defeat Bachmann.
Republicans Lose Attempt to Screw Up Ohio Voting
Bloomberg has the latest on the latest Republican ploy:
The U.S. Supreme Court, siding with Democrats, freed Ohio officials from a lower court order that might have limited participation by new voters in next month's presidential election.
Today's ruling means Ohio Secretary of State Jennifer Brunner, a Democrat, doesn't have to provide county election boards with lists of new registrants whose information doesn't match up with government databases. A federal trial judge had ordered Brunner to supply the lists by today....
....Ohio is a crucial state for Republican presidential candidate John McCain in his race against Democrat Barack Obama. Without Ohio's 20 electoral votes, McCain would have to carry every other state that voted for George W. Bush in 2004, plus one that voted Democratic. Recent polls indicate Obama has pulled even or ahead in Ohio, a state Bush won by less than 118,000 votes four years ago....
People in Ohio ---- just get out there and vote!!!!!! Make the win for Obama and the Democrats so big that the Republicans will be shocked.
Again?
Wired:
.....The Sacramento County Republican Party hosted a graphic this week comparing Obama to Osama bin Laden, with the caption "The only difference between Obama and Osama is BS,"The Sacramento Bee reports. The text of the graphic adds, "Waterboard Barack Obama."
This racist creation from the Sacramento Co. Republican Party shows you why the Republican Party is dying. The Republicans have nothing to offer Americans except tax cuts for the rich, failed economic policies, war, and racism. Shame on the GOP.
Thursday, October 16, 2008
More on The Last Debate
I was shocked about McCain saying that concerns about the health of the mother are "extreme." I think that on this issue and his lack of support of equal pay for women, McCain lost the support of most women. It wasn't that long ago that women who wanted abortions had to resort to unsafe conditions which often caused the death of the woman. McCain lack of empathy for women on all issues just makes me sick.
McCain's facial expressions were a sideshow on its own. McCain's blinking, eye-rolling, and cynical smirks did nothing to make voters warm up to McCain.
Barack Obama was calm, cool and knowledgeable. Obama detailed his concern for working people by explaining in detail his economic plans. I believe that Obama won over many more voters last night.
If we really want to break away from Bush and the current Republican mess, it is time to vote a straight Democratic ticket. This will get legislation moving and will get the job done.
Wednesday, October 15, 2008
Who the heck is Joe the Plumber?
John McCain is not doing very well. I'm watching CNN's tracking graph and McCain is not doing well.
Why does McCain keep talking about Joe the Plumber? He must have mentioned him 10 times.
Barack Obama knows his stuff. He explained his tax plan, health care plan, economic strategy, etc.
Is McCain pulling a Nixon and perspiring?
McCain is proud of Sarah Palin and the people that attend his rallies. Really?
Obama brought up Lilly Ledbetter's case about equal pay for equal work. McCain is against equal pay for equal work for women.
McCain is against a woman's reproductive freedom. Sarah Palin is against all abortions -- even in the case of rape and incest.
McCain is doing lots of heavy breathing and lots of blinking. What is with the smirk?
No one is pro-abortion. Why does McCain keep saying people are pro-abortion?
Love Obama's ideas about education = higher pay for teachers, more money for education, helping reduce college costs, etc.
McCain said that throwing money at education is not the problem. I guess he doesn't know about the problems of No Child Left Behind not getting enough funding.
Obama said that Bush had his unfunded mandates like No Child Left Behind that put more financial burdens on local school districts.
Obama said our children are our future.
McCain is just rambling. McCain wants to "reform" Head Start. You know what that means------ cut it. Now McCain is talking about Sarah Palin who know about special needs children. As governor of Alaska, Palin cut the funding for special needs children.
The center piece of McCain's education policy is to expand the voucher policy.
Closing remarks---- McCain says America needs a new direction and he is it. He talks about the 9/11 commission but McCain refused to attend one meeting. I don't want McCain to tax my health benefits. I'd like to let McCain continue to serve in the Senate.
Obama said we cannot continue the same failed politics and policies of the last 8 years. Obama said we have to invest in the American people again to lift wages and improve our lives. Obama promises to work tirelessly on behalf of American people.
Clear winner-----Barack Obama!!!!!
Updates from Here and There
*** It appears that the nearly bankrupt NRCC (National Republican Congressional Committee) is pouring big, big money into the Columbus media market to try to win Ohio's 15th district for Republican Steve Stivers, a former bank lobbyist (DailyKos). Stivers, who is a big supporter of Bush's economic policies, is running a smear campaign against Democrat Mary Jo Kilroy. In these tough economic times, do we really need someone like Steve Stivers who has been a cheerleader for banks, payday lenders, and oil companies?
>> Republican Rep. Steve Chabot (OH-1st) is in a tough campaign with Democrat Steve Driehaus. The NRCC in pouring in money in a desperate attempt to help Chabot's campaign. In the past President George W. Bush has personally campaigned and attended fundraisers for Chabot. Will Chabot's personal ties to Bush hurt his re-election? Do you remember when Chabot voted against children's healthcare to side with President Bush?
(Brave New Films)
Tuesday, October 14, 2008
Are conservative Republicans racist?
- - -Looks like the McCain-Palin people are lying about their crowd sizes again.
WVEC:
...The Virginia Beach Fire Marshal's office estimated the size of the crowd to be 12,000. A McCain campaign spokeswoman claimed the crowd size was 25,000, but the Convention Center's capacity is only 16,000....
- - - McCain released his new economic plan (Huffington Post). The Obama campaign responded quickly:
"John McCain's latest gambit is a day late and 101 million middle-class families short. McCain's plan would spend $300 billion to bailout the same irresponsible Wall Street banks that got us into this mess without doing anything to help jumpstart job growth for America's middle class. His plan continues to provide no tax relief at all to 101 million hardworking families, including 97 percent of senior citizens, and it does nothing to cut taxes for small businesses or give them access to credit. Senator McCain also shows how little he understands the economy by offering lower capital gains rates in a year in which people don't have an awful lot of capital gains. His trickle-down, ideological recipes won't strengthen our economy and grow our middle-class, but Barack Obama's pro-jobs, pro-family economic policies will," said Obama-Biden campaign spokesman Bill Burton.
Obviously, McCain still doesn't understand how the middle class is hurting. I guess when you own 7 homes and 13 cars, you just don't understand how some people are struggling to feed their families.
- - - I just heard an Obama radio ad. It said something like "....since McCain has no solution to fix the economy, the only thing he has left are smears..."
Obama's Job Plan
*** Did you happen to see Barack Obama's speech in Toledo, Ohio? Here is part of Sen. Obama's speech:
We can’t wait to help workers and families and communities who are struggling right now – who don’t know if their job or their retirement will be there tomorrow; who don’t know if next week’s paycheck will cover this month’s bills. We need to pass an economic rescue plan for the middle-class and we need to do it now. Today I’m proposing a number of steps that we should take immediately to stabilize our financial system, provide relief to families and communities, and help struggling homeowners. It’s a plan that begins with one word that’s on everyone’s mind, and it’s spelled J-O-B-S....
....We will also save one million jobs by creating a Jobs and Growth Fund that will provide money to states and local communities so that they can move forward with projects to rebuild and repair our roads, our bridges, and our schools. A lot of these projects and these jobs are at risk right now because of budget shortfalls, but this fund will make sure they continue....
It is clear that Barack Obama represents the future. He is the best one prepared to take on our country's problems and the mess left behind by the Bush administration.
Vote Obama. Vote for Democrats to give a President Obama the chance to get things fixed.
Monday, October 13, 2008
McCain Campaign "Dysfunctional"
* In this morning's Dallas Morning News, we see the results of the McCain-Palin lies and hate speech.
I cannot believe that people believe such falsehoods about Barack Obama. A large part of these verbal attacks and lies are due to the way the McCain-Palin people speak and conduct themselves. John McCain was once an honorable man ------ but no more. Sarah Palin is just plain dangerous.
* Let me set the record straight-----
Barack Obama was born in Hawaii.
If you need more information, go to BarackObama.com.
Friday, October 10, 2008
Friday's Points
>>> There is a great newspaper endorsement for Barack Obama from the Storm Lake Times:
Obama for president
Enough is enough. The Republicans have had eight years to mess up this country and it¹s time for the Democrats to put their hand to the tiller. It¹s time to make history and elect Barack Obama of Illinois
president in November.
The Republicans had their chance. They controlled Congress and the White House for six of the last eight years. They have run roughshod over civil rights, confused the Bible with the Constitution, started a huge
war in Iraq based on a pack of lies served up by the Bush Administration, run up the national debt to frightening heights and now propose to bail out the corporate chieftains who put us in this financial mess.....
.....John McCain is using the same set of navigational tools as George W. Bush. McCain built a career tearing down financial regulation. He refused to accept a timetable for our troops to leave Iraq, despite the Iraqi government demanding one. He opposes incentives for renewable fuels production that could help wean us off our dependence on oil. He wants to appoint a commission to study the financial mess we're in. It's just more of the same old tired Republican map.....
Exactly!
*** What is it with the McCain campaign? Do they have anything to offer people other than to smear their opponents? He wants to reward banks with overpaying them for the mortgages? McCain once again rewards banks and financial institutions for doing something they should have done in the first place---- help people stay in their homes.
*** NY Times: Panel To Study Military Eavesdropping
The chairman of the Senate Intelligence Committee, Senator John D. Rockefeller IV, said Thursday that the committee would investigate claims by two military eavesdroppers that they routinely listened in on private calls home from American military officers, aid workers and journalists stationed in Iraq.
Mr. Rockefeller, Democrat of West Virginia, called the accusations “extremely disturbing.”
“Any time there is an allegation regarding abuse of the privacy and civil liberties of Americans it is a very serious matter,” he said......
OMG! OMG! Is this the way the Bush administration supports the troops by spying on them????
> Here are some words of wisdom from my 85 year old mother:"The Republicans are so dirty. Why do they keep saying such terrible things about Obama?"
Thursday, October 09, 2008
Obama's Letter on Subprime Crisis
FOR IMMEDIATE RELEASE
Contact: Ben LaBolt
WASHINGTON, DC -- U.S. Senator Barack Obama today sent a letter to Federal Reserve Chairman Bernanke and Treasury Secretary Paulson urging them to immediately convene a homeownership preservation summit with key stakeholders to fight foreclosures driven by growth in the subprime mortgage market.
The text of the letter is below:
Dear Chairman Bernanke and Secretary Paulson,
There is grave concern in low-income communities about a potential coming wave of foreclosures. Because regulators are partly responsible for creating the environment that is leading to rising rates of home foreclosure in the subprime mortgage market, I urge you immediately to convene a homeownership preservation summit with leading mortgage lenders, investors, loan servicing organizations, consumer advocates, federal regulators and housing-related agencies to assess options for private sector responses to the challenge.
We cannot sit on the sidelines while increasing numbers of American families face the risk of losing their homes. And while neither the government nor the private sector acting alone is capable of quickly balancing the important interests in widespread access to credit and responsible lending, both must act and act quickly.
Working together, the relevant private sector entities and regulators may be best positioned for quick and targeted responses to mitigate the danger. Rampant foreclosures are in nobody’s interest, and I believe this is a case where all responsible industry players can share the objective of eliminating deceptive or abusive practices, preserving homeownership, and stabilizing housing markets.
The summit should consider best practice loan marketing, underwriting, and origination practices consistent with the recent (and overdue) regulators’ Proposed Statement on Subprime Mortgage Lending. The summit participants should also evaluate options for independent loan counseling, voluntary loan restructuring, limited forbearance, and other possible workout strategies. I would also urge you to facilitate a serious conversation about the following:
- What standards investors should require of lenders, particularly with regard to verification of income and assets and the underwriting of borrowers based on fully indexed and fully amortized rates.
- How to facilitate and encourage appropriate intervention by loan servicing companies at the earliest signs of borrower difficulty.
- How to support independent community-based-organizations to provide counseling and work-out services to prevent foreclosure and preserve homeownership where practical.
- How to provide more effective information disclosure and financial education to ensure that borrowers are treated fairly and that deception is never a source of competitive advantage.
- How to adopt principles of fair competition that promote affordability, transparency, non-discrimination, genuine consumer value, and competitive returns.
- How to ensure adequate liquidity across all mortgage markets without exacerbating consumer and housing market vulnerability.
Of course, the adoption of voluntary industry reforms will not preempt government action to crack down on predatory lending practices, or to style new restrictions on subprime lending or short-term post-purchase interventions in certain cases. My colleagues on the Senate Committee on Banking, Housing and Urban Affairs have held important hearings on mortgage market turmoil and I expect the Committee will develop legislation.
Nevertheless, a consortium of industry-related service providers and public interest advocates may be able to bring quick and efficient relief to millions of at-risk homeowners and neighborhoods, even before Congress has had an opportunity to act. There is an opportunity here to bring different interests together in the best interests of American homeowners and the American economy. Please don’t let this opportunity pass us by.
Sincerely,
U.S. Senator Barack Obama
It is great to see that Sen. Obama had the foresight to see that the subprime crisis could happen. He warned officials. Unfortunately, no one did anything about it until it was too late.
>>> When is the first time you heard of Sarah Palin? Five weeks ago? What do we know about the Palin family's ties to the Alaska Independent Party? When did the Palins hope to have Alaska secede from the United States? Just asking.
Wednesday, October 08, 2008
Strongsville, Ohio: Hatred on the March?
Voting News from Central Ohio
....Nearly 8.2 million people are on the voter rolls in Ohio, including 665,949 added this year, Secretary of State Jennifer Brunner announced yesterday after Monday's registration deadline....
.....Of the 9,280 people who had cast absentee ballots in person as of Monday, 3 percent were registered Republicans and 39 percent were Democrats, records show. The rest were unaffiliated.....
Despite the fact that Democrats are showing up in greater numbers and participating with more enthusiasm than Republicans, we should never underestimate the ability of the GOP to try to steal the election. Be on your guard. Check out stealbackyourvote.org for information on how you can protect your vote.
> If you watched last night's debate, you noticed that Sen. Obama knew his stuff. John McCain, however, looked like an angry, cranky, out of touch, old man. I have a few questions:
- Why didn't McCain shake hands with Obama?
- McCain said he would get Osama bin Laden. McCain and Bush have had 7 years to get Osama. Why have they waited to get him? Why have they let our young men and women in uniform risk their lives all these years if McCain could have gotten Osama earlier?
- McCain said he'd get the former CEO of Ebay as Treasury Secretary. Did he know that Ebay laid off 1,000 people yesterday. (In the past, McCain said he'd appoint Phil "mental recession" Gramm as Treasury Sec.)
- McCain and Palin have said some awful lies in their rallies. Wasn't McCain tough enough to speak those lies in front of Obama?
- As the height of disrespect, McCain called Obama "that one..." Does McCain hate Obama? Why has McCain shown such disdain for Obama?
- Once again, McCain did not mention the "middle class" during the debate. Has McCain ever heard of the "middle class"?
Tuesday, October 07, 2008
Tuesday's News
> Time Magazine has a dose of reality for the candidates:
...In North Carolina, which Bush won by more than 12 percentage points in both 2000 and 2004, McCain and Obama are locked in a dead heat, with each candidate garnering the support of 49% of likely voters. In Indiana, which Bush won by 21 points in 2004 and 16 points in 2000, McCain maintains a slight 5 point lead over Obama, with 51% of likely voters, compared to Obama's 46%.
In the crucial swing state of Ohio, which Bush won by slight margins in both 2000 and 2004, McCain trails Obama by 3 points, with the support of 47% of voters, compared to Obama's 50%. Obama also holds a statistically significant 8 point lead over McCain in New Hampshire and a 5 point lead in Wisconsin, two states that Democrat John Kerry was able to win in 2004.
As a result of the new survey, CNN now considers New Hampshire and Wisconsin to be Obama-leaning states, after previously being considered tossups. North Carolina is now considered a tossup, after previously being categorized as a McCain-leaning state.....
>>> Retirees in Florida and around the country probably won't like McCain's plans to make cuts in Medicare and Medicaid (WSJ). With the economy in such bad shape, McCain's plan to hurt the poor and elderly won't sit well with a majority of Americans.
> In tonight's debate, I want to hear how McCain plans to fix the economy. I know he won't say anything because he doesn't understand economics.
Monday, October 06, 2008
McCain's Plans
John McCain would pay for his health plan with major reductions to Medicare and Medicaid, a top aide said, in a move that independent analysts estimate could result in cuts of $1.3 trillion over 10 years to the government programs.
The Republican presidential nominee has said little about the proposed cuts, but they are needed to keep his health-care plan "budget neutral," as he has promised. The McCain campaign hasn't given a specific figure for the cuts, but didn't dispute the analysts' estimate.....
Keating Economics is up and running. If you want to learn about the savings and loan scandal associated with John McCain, click here.* Are you following the polls? Check out fivethirtyeight.com for their election projections. Here is an electoral map from fivethirtyeight.com:
Now you see why McCain has gone negative----- he has nothing to offer Americans. To see where the polls are leading, check fivethirtyeight.com every single day.
>>> Did anyone mention that Todd Palin was a member of the Alaska Independence Party? AKIP.org
has info that says that Mr. Palin was a member of this right wing separatist movement that wanted to remove itself from the U.S.A. Isn't AKIP some sort of homegrown terrorist group? Just asking.
Ohio Polls
Bloomberg is reporting that Obama has leads in new polls in Ohio, Pennsylvania, and Minnesota:
Democrat Barack Obama leads Republican presidential nominee John McCain in battleground states of Ohio, Pennsylvania and Minnesota, according to new polls.
Obama, an Illinois senator, leads 49 percent to 42 percent among Ohio voters, according to a Columbus Dispatch poll of 2,262 likely voters released yesterday....
The Toronto Star has even more about Ohio:
....When U.S. President George W. Bush, after 9/11, told traumatized Americans to fight terrorism by out-shopping the terrorists ("take your families and enjoy life, the way we want it to be enjoyed,") Ohio folk clearly didn't get the message.
With 236,000 manufacturing jobs lost since 2000, and nearly 4 per cent of mortgages in foreclosure, they had other things on their minds. Mostly, the dramatic decline that Ohio's residents blame on Washington's neglect, and which has turned many away from Bush's and John McCain's Republican party, giving new opportunity to Democrat Barack Obama....
For many in Ohio, voting for McCain is like shooting yourself in the foot. Why would you purposely cause you and your family more misery? Ohioans like Obama because he is a man with a plan and he understands economics. McCain-- no plan and he just doesn't understand economics.
Today, Monday, October 6th, is the last day to register to vote in Ohio. We need to make sure that we pay back the Republicans for the misery they've given us the last 8 years.
Saturday, October 04, 2008
Saturday's Stuff
>> Bruce Springsteen will be on the Oval at Ohio State on Sunday afternoon, October 5th. Today, Saturday, October 4th, Bruuuuuuce will be doing an Obama concert in Philadelphia on the Benjamin Franklin Parkway (York Daily Record). You might be able to catch part of the the rallies on CSPAN.
Here is more from the Plain Dealer on these concerts and special appearances in support of Barack Obama:
Rockin' Obama:
Hip-hop entrepreneur Russell Simmons joins Cavs star LeBron James and the Browns Willie McGinest at a rally in support of Obama near Cleveland City Hall at 3 p.m. Saturday. Earlier in the day Simmons will headline a similar rally in Columbus. Then Sunday, it's Bruce Springsteen's turn. The Boss is scheduled to perform an acoustic set on The Oval at Ohio State at 4:30 p.m. It's all part of the Obama campaign's final push to register young voters before Ohio's Monday deadline.....
* I wonder what former bank lobbyist and current Republican congressional candidate, Steve Stivers, thinks of the bailout deal that passed in Congress. Would Stivers support staying in Iraq for 100 years like McCain wants? Someone should ask Stivers his opinion. How much bank stock does Stivers still own?
Friday, October 03, 2008
The Truth About McCain
....Off duty on his Mediterranean tours, McCain frequented the casinos of Monte Carlo, cultivating his taste for what he calls the "addictive" game of craps. McCain's thrill-seeking carried over into his day job. Flying over the south of Spain one day, he decided to deviate from his flight plan. Rocketing along mere feet above the ground, his plane sliced through a power line. His self-described "daredevil clowning" plunged much of the area into a blackout.....
Oh, how nice! McCain almost created an international incident.
Carol and John McCain had been very close with Nancy and Ronald Reagan. When McCain divorced his first wife, Carol, the Reagans were surprised.
.....McCain's friends were blindsided by the divorce. The Reagans — with whom the couple had frequently dined and even accompanied on New Year's holidays — never forgave him. By the time McCain became a self-proclaimed "foot soldier in the Reagan Revolution" two years later, he and the Gipper had little more than ideology to bind them. Nancy took Carol under her wing, giving her a job in the White House and treating McCain with a frosty formality that was evident even on the day last March when she endorsed his candidacy. "Ronnie and I always waited until everything was decided and then we endorsed," she said. "Well, obviously, this is the nominee of the party."
On McCain's penchant for deregulation, there is this-------
.....Unfortunately, any lessons McCain learned from the Keating scandal didn't affect his unbridled enthusiasm for deregulating the finance industry. "He continues to follow policies that create the same kind of environment we see today, with recurrent financial crises and epidemics of fraud led by CEOs," says Black, the former S&L regulator. Indeed, if the current financial crisis has a villain, it is Phil Gramm, who remains close to McCain. As chair of the Senate Banking Committee in the late 1990s, Gramm ushered in — with McCain's fervent support — a massive wave of deregulation for insurance companies and brokerage houses and banks, the aftershocks of which are just now being felt in Wall Street's catastrophic collapse. McCain, who has admitted that "the issue of economics is not something I've understood as well as I should," relies on Gramm to guide him.....
I highly recommend that you read the entire article about the spoiled, hot-tempered, hard drinking, gambler, John McCain.
Thursday, October 02, 2008
I voted for Obama today!
My observations:
If I took a shot of whiskey every single time she said "mavericks" or "team of mavericks" I would have been drunk during the first half hour.
Palin could not adequately answer the question on bankruptcy.
Palin hates east coast politicians.
She repeatedly said "I betcha" and "heckuva."
She wants to get more authority for the Vice President. Is she a little hungry for power? Biden said that
Article I of the Constitution clearly defines the powers and duties of the Vice President.
Palin looked like she had talking points memorized, even if it meant she would not answer the questions.
She gave a shout out to third graders. (??????!!!!!!!)
Palin talked about General McClelland in Afghanistan. Is she confused with the Civil War?
When asked one question about what things she and McCain might have to delay because of the economy, she said that she "....has only been at this for five weeks...." OMG! That is scary.
I think that Joe Biden won this debate. I believe that Biden has the capacity and ability to be Vice President. My favorite Biden comments included when he said (paraphrasing)---- "McCain voted against a timeline to draw down troops.... We (Obama + Biden) will end the war. For McCain there is no end in sight."
> I voted for Obama and Biden today. I'm glad I did. Here in Ohio, we have early voting and people are stepping up and supporting Obama.
Battleground State
I'm just waiting for the onslaught of smear ads from the GOP. Since Ohio is a "battleground state," we've already seen some of them. The Republicans and their supporter groups like Vets for Freedom and others, will do anything to win, even lie.
The good news about the early voting in Ohio is that busloads and carloads of people are going to the polls to vote for Barack Obama. However, if we recall recent history, the Republicans may still pull some dirty tricks in Ohio. Don't underestimate their willingness to lie, cheat and steal the election.
* Bruce Springsteen will appear on the Oval at Ohio State on Sunday afternoon, October 5th. He is appearing at Ohio State to support Barack Obama and early voting. The concert is free.
* Bill Press has some vital information:
John McCain's tax plan helps the rich. He is only looking out for himself because he and wife Cindy would save $373,429 if his tax plan were enacted.
Here is more from Think Progress:
In a new Center for American Progress Action Fund analysis, Michael Ettlinger documents how much the presidential candidates stand to personally benefit from the McCain and Obama tax proposals. The McCains — who report an annual income of over $6 million — would receive well over $300,000 from John McCain’s tax plan. By contrast, both the Obamas and McCains would receive a substantial, albeit much smaller, savings under Obama’s tax plan....
Isn't that nice? McCain would pay $300,000 less in taxes with his own tax plan. I call that pure greed.
Wednesday, October 01, 2008
Obama Inspires Confidence
> Raw Story has more about the Palin-Couric interview. Palin's responses about what she reads are really frightening. She seems unable to recall which news sources she reads on a regular basis. What Palin and George W. Bush fail to understand is that reading expands the mind, increases vocabulary, and allows one to become aware of other views/people/places.
> Currently, I am watching Obama give a speech in Wisconsin. Sen. Obama said he knows that we can steer ourselves out of this financial crisis because '...we are Americans....'. As Obama spoke, the Dow started to tick upwards.
> Apparently, Sen. Obama is going up in the polls. Terrific! I know that no matter what the polls say today, we have to make sure that people vote in large numbers. We also must realize that the Republicans will try to steal this election. When you go to vote, be aware of any anti-Democratic or anti-Obama pamphlets that might be sitting outside of your polling place. If you see them, pick them up and throw them in the trash.
> New voter registrations are up all over the country, especially in the Latino community. Latinos favor Obama by huuuuuuuuuuuuge numbers. Here in Ohio, we have early voting going on right now. Get out and vote.