Despite what last week’s reports said, IndyBank has collapsed. Due to the collapse, the Federal government has stepped in, and done something worse. The United States federal government has created a black hole.
How has the government done this? They just nationalized IndyBank. The bank is now to be known as IndyMac Federal Bank. Since the nationalization of the bank, there has been a run on IndyMac Federal Bank. People are lining up to take their money out.
Banking expert Tom Davidoff had the following to say about the banking disaster:
“I don’t think this is the last bank we’re going to see fail. After all, a lot of banks are invested in mortgage-backed securities. Mortgage-backed securities have declined in value, and if they face a lot of cash needs on the part of depositors, we’re going to see more bank failures.”
So is this how our new government works? Now, we nationalize companies as they fail. Just wait until factories start to close, are we going to take over them as well.
How about churches? They benefit society, should we bail them out and nationalize them if they fail?
We are paddling down a river towards the point of no return. The waterfall is near, and the current is strong. Will we make the right decisions, or plunge towards our own facist revolution?
Today was a milestone in my life. Today, gas prices hit four dollars a gallon. I had hoped that this day was not coming in the near future. In fact, it shouldn’t have.
If gas prices kept even with inflation, we should see a four percent growth in prices from year to year. Instead, we have seen 36% increases in single years.
What makes this so infuriating is that it was preventable. Most of us are on a shoestring budget after the latest round of energy price increases. The sad part is that idiots like John McCain and Barack Obama still don’t get it. They are pushing for more legislation that breaks the backs of normal Americans. I guess that’s easy to do when the feds give senators a blank check for their gas expenditures.
For my house, gas prices have been cutting into our savings in a major way. Its getting to the point where we are seriously having to cut back on driving.
It should have been different. We are sitting on more energy than most countries can imagine. Yet we do nothing. Nancy Pelosi is playing the fiddle while our economy tanks. Are there any good politicians out there?
This is no longer a political issue. It is a moral issue. I don’t say this lightly, but forget about your stupid tree hugger legislation. Tree hugging is not something we can afford right now. People are losing their lives, their liberty, and their ability to pursue happiness.
Our congress has failed us. It is time to elect new ones. Lets begin to ask for their resignations! Many republicans and democrats alike should be fired for their gross negligence. If they were running a business, they would be thrown in jail for their misuse of funds. Perhaps we should give congress a taste of their own medicine. They hold “trials” on the house floor, maybe we should put them on trial as well.
Why do people follow Obama? Is it because of his “role model” status?
A man who openly admits he was a drug user, admires a racist pastor’s, and can’t get over his cigarette addiction does not sound like a role model to me.
This is exactly the man that Democrats want running the country. Barack Obama is not someone that you should admire. I could go on and on with his character flaws, but you probably know what they are.
From the liberal perspective, a Barack Obama presidency could be disastrous for their invasive anti freedom to smoke agenda. They could very likely see a reversal on the entire project. Once people think they want to be cool like the president and pick up the dirty habit, who knows what will happen.
Think of all the kids who will see this man smoking. Could they say, “what’s good for the president is good for me.”?
Just for the record, I hate the smell of smoke, and think it is a disgusting habit. I hope that my kids never smoke, and I really do fear that Barack Obama would make a bad role model. However, I believe that the government should not be interfering with private businesses and their internal rules. Smoking bans are not necessary and infringe on the property rights of individuals.
The Hill is reporting that the Lieberman-Warner act could cost far more than Democrats are willing to let on.
In fact, even after most of the up front expenses are taken care of, the EPA predicts that the bill would cost the U.S. economy $983,000,000,000 in a singe year (estimate for 2030).
All this for a contrived global warming sham. What this does, it is permanently cripples the U.S. economy and puts our hometown companies at a disadvantage to foreign competition. Where is the outrage from the unions?
Up until recently, race has been all but a dead issue in America. Most Americans do not even consider making race a factor when hiring someone, and it is safe to assume that most Americans do not feel that race plays a significant role in their choosing of friends and aquaintences.
However, radicals like Jeremiah Wright (Barack Obama’s Pastor) have brought racism to the spotlight again. Only this time, racism comes from blacks to whites. Some call this “reverse racism” but in reality, racism is just racism, no matter who it happens to.
Today, Barack Obama gave a speech that brought race to the forefront of the national discussion. At one point, Obama said
“Did I know him to be an occasionally fierce critic of American domestic and foreign policy? Of course. Did I ever hear him make remarks that could be considered controversial while I sat in church? Yes. Did I strongly disagree with many of his political views? Absolutely - just as I’m sure many of you have heard remarks from your pastors, priests, or rabbis with which you strongly disagreed.”
Here in lies the question: Why would any person in their right mind stay at a church in which they had so much disagreement with their pastor? Furthermore, why did Barack Obama choose to put Jeremiah Wright in an advisory position in his campaign?
There are only two logical reasons why Obama did not leave his church, and even went so far as to place a radical such as Wright on his campaign. The first is that he does agree with him and the second is that he needs the radical vote to beat Hillary in the primaries.
The first reason makes Obama a closet radical, and the second reason makes him a liar. Oh what tangled when first we practice to deceive! Obama had a lot going for him, and he may have just put his campaign in a precarious position.
Florida democrats have been talking about a “do over” in Florida ever since the primary early this year. The problem is that Florida’s primary came to early for the democrat schedule.
The DNC banned the Florida delegates from being seated at the convention since they had their primary too early. Then Hillary won the primary. She went on to lose again and again in other primaries.
Now Hillary Clinton is in a bind and needs the Florida votes. Unfortunately for her, the Democrat National Committee has decided to not go ahead with the proposed “do over” vote in Florida. Now, she must turn to the super delegates in order to win.
Barack Obama’s pastor, Jeremiah Wright, has been scrutinized a lot lately for his political activism from the pulpit. The IRS has been investigating his church (Trinity United Church of Christ) for being used as a political advocacy group rather than a place of worship.
A more pertinent issue for voters is “What sort of political influence did Barack Obama’s pastor have on Barack?” Tudra Politics has found an article that Jeremiah Wright distributed to his congregation on January 21, 2008.
The article shows the immense hate for America, and the deep rooted anti-white racism, that is found in Barack Obama’s Church. Jeremiah Wright’s article is laced with inflammatory rhetoric, outright lies, and various forms of socialistic political speech.
You can read the entire text below:
WHAT’S GOIN’ ON?
Marvin Gaye’s powerful “message song” is a song that made him famous because it went against the “Motown entertainment rule.” It raised serious questions about the culture, the country and governmental policy.
His song raised questions about Black-on-Black violence, about drugs, about war and about the way in which we were living (or not living) in a very difficult period of history.
I use his words today on the third Sunday of a New Year to keep before you the painful truth of who we are and where it is we are in this racist United States of America! What’s goin’ on?
We have lost over 3,000 boys and girls in an illegal and unjust war, and the media is on a feeding frenzy about Barack Obama’s church. Where is the outrage about the 3,000 dead American military personnel and the 600,000 dead Iraqi civilians who are dead for no reason other than greed and ego? What’s goin’ on?
This past Wednesday, January 17th, the House of Representatives deliberated on a bill to cut interest rates on federally subsidized student loans. On Thursday, January 18th, the House of Representatives considered legislation that would repeal some royalties and tax incentives from the oil and gas industries and redistribute that money to alternative and renewable energy such as bio-fuels.
The media, however, is not covering that news. The media wants to know about Barack Obama’s pastor. What’s goin’ on?
On the weekend leading up to Dr. Martin Luther King’s birthday, the House of Representatives passed a bill requiring the United States Secretary of Health and Human Services to negotiate drug prices for the Medicare program. The President who is “staying the course” and sending 21,500 more troops to their death has issued a veto threat against the
measure and there is no public outcry and no media outrage. What’s goin’ on?
The President’s “New Plan” (more troops, more death and more war) promises an insane escalation — in Iraq, Iran and beyond! With the torture of Abu Ghraib, the complete destructions of cities like Fallujah and over 600,000 deaths due to collateral damage, the President complained in his speech that there had been “too many restrictions” on the actions of the United States Forces in the Iraq war.
Am I the only one who heard that? What’s goin’ on?
I celebrate forty years of ordained ministry this weekend. I bask in the 40-year glow of God’s Grace, God’s forgiveness and God’s lessons about humility.
The e-mails that I have been getting this week, the news clippings that I am being sent and the racist blogs that are flooding the Internet make me know, however, that even as I bask, the work ahead for the church of Jesus Christ is just as serious and difficult today (if not more so) as it was forty years ago when I was ordained during the Vietnamese War!
The President tries to frame the justification for his insanity by using language describing the debate in this country over the war as “a great struggle between those who believe in freedom in moderation and extremists who kill the innocent.”
The reality, however, is that the entire war in Iraq and the larger “war on terror” have been based on lies, half-truths and distortions to serve the agenda of the United States imperialism. Where is the public outcry? Where is the outrage? What’s goin’ on?
There is more focus on what the Bears may or may not do as they play a football game against New Orleans than there is on the 3,000 homeless who are still living or displaced in the real life game called “New Orleans.”
Those poor Black and white displaced citizens of New Orleans (not imported team members playing for New Orleans), who have no place to
go and no place to live because of this administration’s illegal war and its billions of dollars wasted on prosecuting that war, join with me in asking, “What’s goin’ on?”
Excuse me! The victims of Hurricane Katrina are no longer on the radar screen of the media. Only Barack, his church, his pastor and white arrogance!
I invite your sincere prayers this weekend. The generation of ministers behind me has its work cut out for them in some incredible and overwhelming ways!
New York Democrat Governor Eliot Spitzer resigned today after being cited in an investigation into a prostitution ring.
Before being elected to the governorship, Spitzer held the position of Attorney General of New York. It was in this position that he was characterized by two traits.
First of all, Spitzer was seen as a shoot from the hip, take on everbody, attorney. He sued anybody and everybody including H&R Block, almost every life insurance company, drug companies, and many more.
Secondly, he was a power hungry man that abused his political office for his own gain. He was constantly involved in scandals like trooper-gate. He was known to threaten individuals who were against him politically. At one point, he actually threatened to use his Attorney General’s office to “hurt” Fox News reporter Sean Hannity for embarrassing him on the air.
To Governor Spitzer, I say we are glad you are gone. It’s just too bad that things had to get so corrupt before you finally left office.
Anti-Strib is reporting that Mike Cerisi announced in an email today that he is out of the Minnesota Senate Race.
It’s now a race between Al Franken and Norm Coleman.
Now since Al Franken is the presumptive nominee, lets go over his key issues. These are his stances listed on his website (The spin has been removed to protect the ignorant).
Pull the troops out of Iraq Immediately
Immediate and completely universal, government run health care.
Universal government run health care for all veterans. This is kind of redundant and un-special since he said he would do this for everyone else as well.
Federal funding and control of the public education system.
Increased redistribution of the wealth for public education (see his education page for more details).
Forcing companies to fund pension liabilities. I actually agree that companies should do this. It’s kind of funny that his version of socialized government does not have to do the same with social security.
Amnesty for illegal aliens
Government run wind turbine factories. This was by far the strangest of the proposals of his site. He said that we should take over the Ford plant and turn it into a wind turbine producing factory. Then Franken went on to say that we [the government?] should be putting these up all over Minnesota.
Why do people follow Obama? Is it because of his “role model” status?
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