And in keeping with small towns drafting proclamations to “impeach” George W. Bush, this humble little blog is asking the following:
As result of their negligence and willful ignorance of capitalism, I demand that Nancy Pelosi, Barney Frank and Christopher Dodd ALL resign from their Congressional and Senatorial seats.
House Speaker Pelosi has shown she has become one of, if not the worst House Speakers. Rather than organize her party or build upon a Republican plan, she chose to play political games which allowed members of her own party to vote against their own bill just to keep up appearances come November because even she realized that their bill was DOA. And while she played her games, the stock market lost over $1 TRILLION dollars in assets in one day. Speaker Pelosi is neither naive or stupid, but incompetent. This country can no longer afford such buffonish and moronic behavior from the person second in line from the Presidency.
Congressman Frank has shown himself to be acomplete fool regarding Freddie Mac and Fannie Mae by asserting there *was* no crisis. Either Congressman Franks was blind as to what was happening with these GSE’s or he simply did not care.
Senator Dodd meanwhile points the finger of the trouble in the wrong direction. Maybe we can forgive Senator Dodd’s slip up, because he may have been distracted from counting the $133,000 he received from Freddie and Fannie. Either way, having Senator Dodd’s banking committee look into the current problem is akin to letting the fox guard the henhouse.
If these three had any sense of duty and obligation to the taxpayers of the United States of America, they would resign not just from their posts but from their Congressional and Senate seats altogether. They have shown themselves to not only be greedier than any high-flying Wall Street executive, but the power they mis-use and abuse simply cannot go on any longer.
Next thing you’ll know, they’ll be tracking down those who dare defame The One and try to take them out. Maybe they’ll spread this down even further and form the Obama Jungvolk.
Seriously…if this WERE a McCain campaign idea, the media would be absolutely apoplectic.
Does it seem like there’s an hyperactive amount of agnst going on these days? And I realize that today’s events aren’t exactly trumpeting, but it’s not the end of the world.
And another thing, since when do free-marketing capitalists bemoan a day like this? I recall you had days under Bill Clinton that would whipsaw throughout the day. And the market would come back. WE would come back.
Make no mistake, this mess IS government meddling in the free market. But being a free market, we also shouldn’t look today as a bad day, but as an opportunity. We may be near the end of a huge down-swing or it could still be headed down. I’m just wondering where the spirit of the capitalists have gone. As I alluded to earlier, days like this happened a lot during the Dot-Com era under Bill Clinton and traders and market makers took down days as an opportunity to get back into the market and buy low. This is the same mentality we need now. Not to give into a government bailout, but to believe in the markets (even though a lot of these companies are run by the biggest left-wingers around).
People need to know more than just the stock market. They need to know about the options markets, the futures markets, the currencies exchange markets…unless of course, we don’t want to anymore.
You can say Newt was politically charged, but he actually had something with the Contract with America. Hastert was Hastert, the longing reigning Speaker because he didn’t do much of anything.
For the love of Pete, just go back home to your vineyards Nancy and all your non-union employees you hypocrite.
For the past 26 YEARS I’ve rarely watched the baseball playoffs. They were a rarity to even get a glimpe outside of the World Series. But after watching the Brewers win behind a workhorse and waiting for the Mets and Marlins, it made for a gut-wrenching final day of the season.
Of course, it turns to shock when looking at playoff tickets for Game 3, that START at around $150 a seat. But still a great day.
Gosh, it’s as if the media is trying desperately to make it appear The Onecannot be stopped.
Of course, it’s The One that clearly won the debate on Friday and not Senator McCain. I mean sure, the poll used by MSNBC had nearly 80% of the votes used not being from this country, but The One cannot quibble with using people who can’t really vote here when it counts in November.
The One has a country to forcefully bend towards socialism govern peacefully.
Why do I feel like I’m watching a real live version of that book right now?
Talk of nationalizations, government take overs, businesses crumbling overnight and all the while, the looters still being able to loot.
There isn’t so much “Presidential politics” going on here as there are just plain ol’ muckity politics happening with this mortgage blow-up. We wanted people to own their own homes and we changed the rules to allow more people to do so, even though it meant forsaking basic economic principles. We also allowed entities to cover-up details of what happens when all these bad loans started to wreak havoc on institutions. When people wanted to reform the GSE’s like Freddie and Fannie, they too were stymied.
I’m certainly not saying we should head to Galt’s Gulch, but where in the hell is a Hank Reardon in the business world today? People on the left love to say big business is somehow a Republican institution. I’d beg to differ when you have so many of them brazenly accepting government money and government take-overs these days.
It’s almost as if there’s a self-fulfilling prophecy going on here. People who think we need some sort of socialism are engineering the busting of capitalism at it’s core. They’re making the average American believe the “free-market” is at fault here when in truth, it’s government meddling and intervention that has made things worse. Government Sponsored Enterprises…not exactly a free-market ideas Freddie,Fannie and Ginnie are.
I agree with the sentiment. If Barack wants to squelch free speech and do things his Chicago thug way, the only way to stand up to him is to fight back and show the video(s).
Marc Lamont Hill, PhD on the O’Reilly Factor (9/25/08) on what should be done to get lower income people into homes. And by lower income, I’m blatantly inferring that he must mean people who can’t afford to be in them in the first place…blatantly.
So his prescriptions are these:
Public Housing
Rent Control
That’s what a PhD is worth these days? The grand idea of a PhD is to institute UTTER FAILURES in the history book of government?
Makes me glad I rejected college if this is what constitutes the bastion of higher education.
The reason why we’re on this planet…is there life out there in the universe…what do women really want…the answer to these and just about everything else has NEVER been public housing.
