Friday, November 6, 2009

NY-23 Winner Breaks 4 Campaign Promises in 1st Hour in Office


Notably, of course, all affecting Congressman Bill Owens' former opposition to ObamaCare, which melted away just a few minutes after he was sworn in today at noon by Nancy Pelosi as NY-23's brand-new Congressman.
  • Campaigned against the public option. Now for it.
  • Campaigned against cutting Medicare. Now for it.
  • Campaigned against ObamaCare coverage for illegal aliens. Now for it.
  • Campaigned against raising taxes and taxing health care benefits. Now for both.
Just three days ago, on Tuesday, Democrat Owens won NY-23's special election for Congress, beating Conservative Doug Hoffman by 4 percentage points after the Republican candidate, Dede Scozzafava, withdrew from the race and threw her support to Owens. Other Owens supporters include members of ACORN's Working Families Party, which endorsed him.

Read all about it in The Gouverneur Times.

Hat tip: Moe Lane at Red State.
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American Woman Shoots Down Ft. Hood Jihadist



Via Atlas Shrugs:

This photo shows the heroic civilian police officer, Sgt. Kimberly Munley, who ran from directing traffic toward the sound of gunfire to within a few feet of Nidal Malik Hasan, and shot him 4 times, despite being shot herself, apparently still possessing the presence of mind to leave him alive to face questioning and punishment.

Thank you, Sgt. Munley.





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Thursday, November 5, 2009

Massacre at Fort Hood (Updated 11/6/09)


Ft. Hood, Texas. 6:04 p.m. Eastern

Twelve killed, 31 injured.

The current report, via Gateway Pundit, is that the primary shooter was US Army Major Malik Nadal Hasan, a psychiatrist. He reportedly was killed by civilian law enforcement and is rumored to have been a convert to Islam about to be deployed to Iraq or Afghanistan. Two other suspects have been apprehended.

Update (6:30 p.m. Eastern): Via Hot Air, the two apprehended suspects were also shooters, and also soldiers.

Update (11/6/09 12:30 p.m. Eastern)
  • The Army has released the apprehended suspects. The massacre was performed by a single shooter, US Army Major Nidal Malik Hasan.
  • Hasan is alive, hospitalized, and recovering from four gunshot wounds which he received from a female civilian police officer, Sgt. Kimberly Munley, who ran from directing traffic toward the sound of gunfire to within a few feet of Hasan. Sgt. Munley was shot by Hasan and is recovering following surgery.
  • Hasan is a licensed psychiatrist who reportedly joined the Army immediately after high school and received his medical degree training at a cost of about half a million dollars paid for entirely with taxpayer dollars.
  • A devout Muslim, Hasan is reported to have prayed in his mosque every day.
  • Hasan thought it was a good idea for a Muslim convert to shoot two young soldiers taking a break outside a recruiting center.
  • Although born in the U.S. and serving as a U.S. Army major he identified himself in writing as a Palestinian. The photo at the right shows Hasan dressed in traditional Muslim garb the morning of the massacre.
  • He was fast-tracked to become a major, and he received his promotion this past May.
  • He interned at Walter Reed Hospital, where he treated soldiers returning from combat.
  • On the morning before the massacre, he handed out Korans to his neighbors.
  • He hired a lawyer to keep him from being deployed to Iran or Afghanistan, where he would have been serving as a psychiatrist.
  • As he shot more than 40 unarmed people waiting for medical exams, he shouted out the name of Allah.
  • To kill more people, he jumped up on a table to shoot.
  • One of his victims was a pregnant woman.
Some above info via Mark Steyn, sitting in for Rush Limbaugh.

Update (11/6/09; 1:30)
  • This year, 2009, Hasan completed a fellowship in "Disaster and Preventive Psychiatry." (h/t gravenimage, commenter at Jihad Watch.)
  • Last year, 2008, Hasan was listed as a participant in a Homeland Security Policy Institute's presidential transition task force.

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Kill-the-Bill Tea Partiers Call on Congress


During his radio show this afternoon, Sean Hannity interviewed Congresswoman Michelle Bachman and actor Jon Voight at the Capitol in Washington, DC as American patriots wandered through the halls to speak with members of the House about the Pelosi government care bill.

Bachman estimated the Kill-the-Bill crowd at a minimum of 20,000 people who came together in a demonstration organized in less than a week, through word-of-mouth, from an idea hatched last Thursday evening and announced last Friday on the Hannity radio TV show. Voight estimated the size of the crowd as much larger than 20,000, and he described the Patriots who attended as "eloquent."

The Congresswoman reported that thousands of Patriots were each given a half page of the Pelosi bill, with the suggestion that they go into the Halls of Congress (which is open to the public) and ask their representatives to explain the section of the Pelosi bill printed on each half page. Bachman asked that more Americans keep the heat on by volunteering as reinforcements to do the same tomorrow and Saturday.

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Pelosi Plan: Wait for That Surgery, and Wait, and Wait, and Wait . . .


Want to see the future of health care under Madame Pelosi's latest scheme? Open Thomas Sowell's recent book, Applied Economics: Thinking Beyond Stage One, to the chapter entitled, "The Economics of Medical Care." Or read that chapter in nine parts in Investor's Business Daily. Sowell explains the why behind the bureaucratic decisions that seem senseless from the standpoint of anyone who wants to promote good, affordable medical care.

Because government care by definition is a system in which the money used to pay for "maintaining health or curing sickness" is "routed through political institutions and government bureaucracies," it goes without saying that that once that money leaves taxpayers' hands, it is concealed from public view forever.

Out of sight, out of mind, and the natural tendency of people is to get as much medical care as they can when it is paid for by "the government." As a matter of survival, any government operating a socialized health-care program has to impose price controls. And it is also a given that price controls hidden in government bureaucracies don't lend themselves to examination by doctors and patients. In government care, we can't forget, the careers of medical care bureaucrats will be at stake.

One popular government care "price control" is limiting the amount of time you can spend with your doctor. As reported in the Wall Street Journal in 1987, in the now-defunct Soviet Union: "the norms call for physicians to see eight patients an hour. That is 7.5 minutes per visit, and Soviet studies show that five minutes of each visit is spent on paper work. . . . 'Our heads spin from rushing,' said Pavel, the silver-haired chief of traumatology at a Moscow clinic." In Japan, Korea, Canada, and elsewhere, government care, once instituted, reduced time per visit and necessarily increased the number of visits per patient (which, incidentally, also increased the incomes of doctors getting paid per visit).

When it comes to wait times to see primary care physicians and surgeons, Sowell points out, U.S. medical care is way ahead of the pack:

A study by the Organisation for Economic Co-operation and Development found that 23% of the patients having elective surgery in 2001 in Australia waited more than 4 months for that surgery. So did 26% of the patients in New Zealand, 27% of patients in Canada, and 38% of the patients in Britain. In the United States, only 5% of patients had to wait that long. The conclusion:

Waiting lists for elective surgery generally tend to be found in countries which combine public health insurance, with zero or low patient cost sharing and constraints on surgical capacity. Public health insurance and zero cost sharing remove the financial barriers to access to surgery.

Constraints on capacity prevent supply from matching demand. Under such circumstances, non-price rationing, in the form of waiting times for elective surgery, takes over from price rationing as a means of equilibrating demand and supply.

Elective surgery, incidentally, was not limited to cosmetic procedures but included cataract surgery, hip replacements and coronary artery bypass surgery.

Moreover, although a four-month waiting period was used by the OECD as a benchmark for collecting statistics, in Britain 3,592 patients waited more than six months for a colonoscopy and 55,376 waited more than six months for an audiology diagnosis, according to a report in the British Medical Journal in 2007.

In Canada, according to a provincial government website, 90% of Ontario patients needing hip replacements waited 336 days. In Britain, the wait is a year.

I'm certain Nancy Pelosi doesn't wait 4 months for her life-saving botox injection appointments, never mind a year. Although, judging by her ability to respond to the voices of the American people, she might not consider a six-month wait for a hearing test to be any inconvenience at all.

And how about government investment in diagnostic technology under the Pelosi Plan?

As for technology, a 2007 study by the Organisation for Economic Co-operation and Development (OECD) showed that the number of CT scanners per million population was 7.5 in Britain, 11.2 in Canada and 32.2 in the United States.

For Magnetic Resonance Imaging (MRI) units, there was an average of 5.4 MRIs per million population in Britain, 5.5 per million population in Canada and 26.6 per million population in the United States.

You might have your Congress Critters' phone numbers memorized by now, but, if not, you can find them here.

Pelosi wants a vote on Saturday.

I say, make her wait.

If a long wait for medical attention is good enough for us, a very long wait for a vote is good enough for her.

One more thought: After Tuesday's demonstration of the redistribution of voter sentiments on the invincibility of Obama's judgment, it might be worth a phone call or two just to find out whether those Congress Critter staffers have gotten a memo to treat ObamaCare opponents a little less like rich, illiterate Morlocks attempting to harvest the latest crop of speaking-truth-to-power Eloi.

Maybe they'll be nice to you.
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Wednesday, November 4, 2009

10,000+ at Houston Tea Party

It happened Monday:

Can We Keep Our Republic quoted a pertinent insight by Frederick Douglass, a black man who suffered from racial injustice under slavery; who wrote multiple autobiographies following real achievements; who undeniably respected and was respected by Abraham Lincoln; and who was in actual fact a brilliant orator who could and did speak extemporaneously with eloquence:

Power concedes nothing without a demand. It never did, and it never will. Find out just what people will submit to, and you have found out the exact amount of injustice and wrong which will be imposed upon them; and these will continue till they have resisted with either words or blows, or with both. The limits of tyrants are prescribed by the endurance of those whom they suppress.



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Tuesday, November 3, 2009

Monday, November 2, 2009

Tale of Two (Chicago) Neighborhoods

In the West Garfield neighborhood of Chicago, median property taxes are going up 46.4% this year. That's right, in a single year, property taxes are going up almost 50%.

This is what the West Garfield neighborhood looks like:



As just about everybody on the planet knows, President Obama also has a home in Chicago. Six-thousand-plus square feet, 7 baths, etc. It looks like this:


Obama's taxes are going up 1% this year.

That's the same rate of increase as for the Illinois Treasurer, Alexi Giannoulias. Mayor Richard Daley's property taxes went up 3.5%. Rahm Emanuel's went up 3.7%.

Surely there's a great explanation. Because taxes will not be going up for the middle class, just the rich. We have that on good authority.

Hat tips: Economic Policy Journal, TaxProf Blog.
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Sunday, November 1, 2009

What? NY-23 Scozzafava says, "Vote for the Democrat"


Republican Dede Scozzafava, who yesterday abandoned her run for Congress in New York State's 23rd Congressional district, this afternoon threw her support to the Democrat/Working Families Party (ACORN) candidate, Bill Owens, and asked her supporters to join her in opposing Conservative Republican Doug Hoffman.

Scozzafava put it in writing:

. . . I am writing to let you know I am supporting Bill Owens for Congress and urge you to do the same.

[snip]

Please join me in voting for Bill Owens on Tuesday.

Scozzafava, the Republican Party's million-dollar baby, had hoped to win the seat of another Republican, John McHugh, who was sidelined as a Conservative voice in the House when Obama recruited him to serve as Secretary of the Army. Because NY-23 had shown support for Obama, Democrats recognized a opportunity to get a Democrat into McHugh's empty seat, which has been held by Republicans continuously for more than 150 years.

Conservatives complained that Scozzafava was difficult to distinguish from a Liberal Democrat. She has been a strong backer of card-check, the union scheme to turn workplaces into union shops even when the majority of the workers in those workplaces oppose union involvement. Compulsory union dues, of course, provide union bosses with fat purses from which to make donations to political campaigns, explaining why the ACORN/SEIU team have so many devotees in Congress.

Conservative Republican Doug Hoffman threw a monkey wrench (or was it a sabot) into the works by running on the Conservative ticket, thus offering Conservative Republicans, Independents, and disaffected Democrats a non-RINO choice in the election. Within a matter of weeks, Hoffman had risen from 12th in a field of 12 running for the Republican Party's nomination to 2nd in the race only a few days before Tuesday's election. Hoffman's cause célèbre campaign offers Conservatives hope of saving the Republic through the electoral process by switching the tracks for the ObamaCare Express, due--with screeching wheels--at the station before year's end.

With her endorsement of Owens, Scozzafava openly joined the ranks of New York's Democrat Senator Chuck Schumer, "who urged Dierdre K. Scozzafava to endorse Democratic congressional candidate William L. Owens, the senator's spokesman said Saturday." Schumer has been Obama's most vocal proponent of using the nuclear option to push ObamaCare through Congress with a mere 51 (Democrat) votes despite strong opposition by the majority of Americans polled.

By allying herself with the Democrat/Working Families Party crowd, Scozzafava earned the approval of "other Democratic leaders . . . , including White House Chief of Staff Rahm Emanuel."Among those "other Democrat leaders" are Congressman Steve Israel (Huntington, Long Island); state Democratic Committee Chairwoman June F. O'Neill, who met with Scozzafava's husband to discuss the endorsement; and, of course, Barack Obama, who earmarked campaign donations he attracted in New York City recently to Owen's campaign. The Democrat/Working Families Party candidate himself, Bill Owens, was "honored" to accept Scozzafava's endorsement as a "bipartisan solution."

Meanwhile, Conservatives around the country have hitched at least one wagon to rising star Doug Hoffman, an accountant in New York's North Country who doesn't offer a "bipartisan solution," but who can read a budget.

Hat tips: Another Black Conservative, Michelle Malkin,

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Related posts:


Meditation: Prayer That America Protects the Unborn and the Vulnerable

American Catholics attending Mass this weekend will be offering up the following prayer:

Suggested Prayer of the Faithful:
That Congress will act to ensure that needed health care reform will truly protect the life, dignity and health care of all and that we will raise our voices to protect the unborn and the most vulnerable and to preserve our freedom of conscience. We pray to the Lord.

Amen.


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Related Post: Catholic Bishops Unite Against Abortion Mandates in Health Care Bill

Saturday, October 31, 2009

NY-23 Breaking News: Scozzafava Quits Race! (UPDATED)





Read all about it at The Other McCain!






UPDATE (1:13 p.m) Scozzafava's Exit Speech (h/t American Power):




Dede threw the towel in on top of $900,000 of GOP money. Libertyblog has sagely pointed out that, "This episode was a good reminder to Tea Party insurgents that Democrats are the target, the Republican Party must be made into the weapon, and primaries are the venue." Many thanks to Hope n' Change Cartoons for today's theme song:


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It Was a Graveyard Smash

It caught on in a flash.

It was the Monster Mash . . .



Happy Halloween!
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Friday, October 30, 2009

Catholic Bishops Unite Against Abortion Mandates in Gov't Care


Back in November of last year, 54% of Catholics voted for Barack Obama, despite his staunch support of abortion. I wonder how many of those Catholics knew about Obama's unfazed opposition to and votes against the Induced Infant Liability Act, which was designed to protect infants who survived late-term abortions by mandating that they receive medical care instead of being left to die. Not many, I suspect.

Now, in an unprecedented entrance into American politics, Catholic bishops have united in asking every Catholic to tell Congress to stop federal mandates that taxpayer dollars be used to fund abortions. The bishops do not want Catholics to be forced to violate their religious beliefs by paying for abortions.

The United States Conference of Catholic Bishops is asking each parish to distribute printed material at each Mass celebrated this weekend. The material asks Catholics to take specific actions. Here is the complete text of that missive:

Tell Congress: Remove Abortion Funding & Mandates from Needed Health Care Reform

Congress is preparing to debate health care reform legislation on the House and Senate floors. Genuine health care reform should protect the life and dignity of all people from the moment of conception until natural death. The U.S. bishops’ conference has concluded that all committee-approved bills are seriously deficient on the issues of abortion and conscience, and do not provide adequate access to health care for immigrants and the poor. The bills will have to change or the bishops have pledged to oppose them.

Our nation is at a crossroads. Policies adopted in health care reform will have an impact for good or ill for years to come. None of the bills retains longstanding current policies against abortion funding or abortion coverage mandates, and none fully protects conscience rights in health care. As the U.S. bishops’ letter of October 8 states:

“No one should be required to pay for or participate in abortion. It is essential that the legislation clearly apply to this new program longstanding and widely supported federal restrictions on abortion funding and mandates, and protections for rights of conscience. No current bill meets this test.... If acceptable language in these areas cannot be found, we will have to oppose the health care bill vigorously.”

For the full text of this letter and more information on proposed legislation and the bishops’ advocacy for authentic health care reform, visit: www.usccb.org/healthcare.

Congressional leaders are attempting to put together final bills for floor consideration. Please contact your Representative and Senators today and urge them to fix these bills with the pro-life amendments noted below. Otherwise much needed health care reform will have to be opposed. Health care reform should be about saving lives, not destroying them.


ACTION: Contact Members through e-mail, phone calls or FAX letters.

  • To send a pre-written, instant e-mail to Congress go to www.usccb.org/action.
  • Call the U.S. Capitol switchboard at: 202-224-3121, or call your Members’ local offices.
  • Full contact info can be found on Members’ web sites at www.house.gov & www.senate.gov.

MESSAGE to SENATE:
“During floor debate on the health care reform bill, please support an amendment to
incorporate longstanding policies against abortion funding and in favor of conscience rights. If these serious concerns are not addressed, the final bill should be opposed.”

MESSAGE to HOUSE:
“Please support the Stupak Amendment that addresses essential pro-life concerns on abortion funding and conscience rights in the health care reform bill. Help ensure that the Rule for the bill allows a vote on this amendment. If these serious concerns are not addressed, the final bill should be opposed.”

WHEN: Both House and Senate are preparing for floor votes now.

Act today! Thank you!

The Stupak Amendment, proposed by Michigan Democrat, Rep. Bart Stupak, would prevent taxpayer dollars from funding abortions.

Hat tip: Common Sense Regained & American Papist.

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Prepare To Be Sick . . .

Oh, no, better not.

You don't want to be sick under single payer.

If you don't have the time or inclination to view the following video (it's worth it), at least look at :36, featuring a quote from the father of single payer. It's all you need to know, really.

Now, please write to one of your Congress Critters. Get your thoughts on paper and into your mailbox. Repeat until the knot goes out of your stomach. After all, writing another letter or two won't kill you, but single payer might.

Hat tip: Gathering of Eagles, NY.
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A Not-So-Brief History of the Government Care Debate in Blog Posts:

Thursday, October 29, 2009

Obama Signs New Hate Law: Guilty Until Proven Guilty

Suppose you are tried for a crime. If you are acquitted, by law you cannot be charged with that same crime again. The law that protects you from being hounded by the government with repeated trials for the same offense is the Fifth Amendment to the Constitution, which says, among other things:
nor shall any person be subject for the same offense to be twice put in jeopardy of life or limb.
To the Framers of the Constitution, the fairness of this law seemed obvious. Legal systems since the Code of Hammurabi had guaranteed people found innocent by a Court the right not to have their judgment of innocence changed to a judgment of guilty.

In 1959, however, the Supreme Court decided in Bartkus v. Illinois that a person could be tried for the identical offense both by his or her state or territory and by the federal government.

Enter the Democrat-heavy 111th Congress and President Barack Obama. From Hans Bader of the New York Examiner:
October 28, 12:27 PM

Today, President Obama signed into law a bill that will dramatically expand the federal hate crimes law, enabling prosecutors to bring federal charges against many more people who were previously found innocent of hate crimes in state court. The hate-crimes provisions were added to a defense appropriations bill, which the President signed in a White House signing ceremony this afternoon.

[snip]

The hate-crimes bill was opposed by the U.S. Commission on Civil Rights for allowing the reprosecution in federal court of people found innocent in state court. The Commission called the new law a "menace to civil liberties" because it is an end-run around constitutional double-jeopardy protections.

As explained earlier, the bill’s sponsors seek to use it to reprosecute people in federal court who have already been found innocent of hate crimes in state court, taking advantage of the “dual sovereignty” loophole in constitutional protections against double jeopardy. Civil libertarians like Nat Hentoff and Wendy Kaminer thus object to the bill on double-jeopardy grounds. Backers of the bill, like the Leadership Conference on Civil Rights and Commissioner Michael Yaki, supported the bill partly as a way of prosecuting all over again people who were either found not guilty, or who were convicted only of ordinary crimes, while being acquitted of hate-crimes (like the teenagers acquitted of hate crimes in the Shenandoah incident, and the California case of Joseph Silva and George Silva).

Such re-prosecutions can be an enormous waste of money, and grossly unfair to the people who are reprosecuted, driving them into bankruptcy to pay lawyers to represent them all over again when they have already been found innocent in state court after an expensive trial. When the government re-prosecutes someone, it gains an enormous tactical advantage over the defendant from using the prior prosecution as a test-run, even if the defendant is innocent — making a guilty verdict possible even if the defendant is in fact innocent.

The bill also raises serious constitutional federalism issues under the Supreme Court’s Morrison decision.

[snip]

Many supporters of the hate crimes bill want to allow those found innocent to be reprosecuted in federal court. As one supporter put it, “the federal hate crimes bill serves as a vital safety valve in case a state hate-crimes prosecution fails.” The claim that the justice system has “failed” when a jury returns a not-guilty verdict is truly scary and contrary to the constitutional presumption of innocence and the right to trial by jury.

[snip]

Supporters of the hate crimes bill also see it as a way to prosecute people even in cases where the evidence is so weak that state prosecutors have decided not to prosecute. Attorney General Eric Holder has pushed for the hate crimes bill as a way to prosecute people whom state prosecutors refuse to prosecute because of a lack of evidence. To justify broadening federal hate-crimes law, he cited three examples where state prosecutors refused to prosecute, citing a lack of evidence. In each, a federal jury acquitted the accused, finding them not guilty.

As law professor Gail Heriot notes, “Some have even called for federal prosecution of the Duke University lacrosse team members–despite strong evidence of their innocence.” Advocates of a broader federal hate-crimes law have pointed to the Duke lacrosse case as an example of where federal prosecutors should have stepped in and prosecuted the accused players — even though the state prosecution in that case was dropped because the defendants were actually innocent, as North Carolina’s attorney general conceded (and DNA evidence showed), and were falsely accused of rape by a woman with a history of violence (including trying to run over someone with her car) and making false accusations.

The new hate-crime legislation adds new identifying characteristics to the specially protected, more-equal-than-others list. A crime against someone having one or more of these characteristics is subject to prosecution by both state and federal governments. If a state doesn't do a good enough job of proving guilt, well, that's what Big Government is for.

Back in 1959, Justice Hugo L. Black dissented to the Supreme Court majority ruling in Bartkus v. Illinois, the decision that made possible yesterday's enactment of double jeopardy for hate crimes. Justice Black observed, "Fear and abhorrence of governmental power to try people twice for the same conduct is one of the oldest ideas in Western civilization."

Some 12 years earlier, in 1947, Black, a former Democrat senator, wrote what he considered to be his "most significant opinion," in Adamson v. California:

I cannot consider the Bill of Rights to be an outworn 18th century 'strait jacket.' ... Its provisions may be thought outdated abstractions by some. And it is true that they were designed to meet ancient evils. But they are the same kind of human evils that have emerged from century to century wherever excessive power is sought by the few at the expense of the many. In my judgment the people of no nation can lose their liberty so long as a Bill of Rights like ours survives and its basic purposes are conscientiously interpreted, enforced, and respected... I would follow what I believe was the original intention of the Fourteenth Amendment - to extend to all the people the complete protection of the Bill of Rights. To hold that this Court can determine what, if any, provisions of the Bill of Rights will be enforced, and if so to what degree, is to frustrate the great design of a written Constitution.

A Democrat strict constructionist. How times have changed.

Hat tip: Ann Coulter

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Related posts:

Monday, October 26, 2009

To Those Thinking of Voting for Any Democrat on Nov 3

These alarming times call for stern measures, and I'm not convinced this is a good time to "vote for the best candidate" regardless of party. Every Democrat placed in office offers support to other Democrats up and down the chain of command; each is a cog transferring power to the legislative and regulatory wheels that are stuffing Obama's policies down America's throats.

Here's something to think about. If you haven't already seen it, it's a recent "Graph of the Day" by Randall Hoven at American Thinker, based on statistics provided by the U.S. Bureau of Labor Statistics and the U.S. Senate (click on graph for a better view):


And then there's that Monumental Power Grab that goes after the salaries of those who manage to remain employed, at least if they work in an industry that operates under federal regulation, and try to think of one that doesn't. If the business is involved in interstate commerce, it qualifies. Click over to Legal Insurrection for law professor William Jacobson's warning.

That little local election really does matter, and so does your little ol' vote.
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Sunday, October 25, 2009

Meditation: Benjamin Franklin's Creed



I believe in one God, Creator of the Universe. That he governs it by his Providence. That he ought to be worshipped. That the most acceptable Service we render to him is doing good to his other Children. That the soul of Man is immortal, and will be treated with Justice in another Life respecting its Conduct in this.

~Benjamin Franklin, March 9, 1790, Letter to Ezra Stiles, president of Yale

Saturday, October 24, 2009

ACORN Set to Control America's Banks! No Joke


Perhaps you thought that ACORN was already running financial institutions like mortgage giants Fannie Mae and Freddie Mac, in league of course with a Democrat controlled Congress and ACORN's union buddies, like Denis Hughes, former political director of the AFL-CIO, the chairman of the Federal Reserve Bank of New York.

However, it seems there are a few slight obstacles to completely open, unashamed, control of our country's financial destiny by ACORN. For example, ACORN clearly doesn't yet control insurance companies, a very important class of financial institutions, which include banks, credit unions, trust companies, mortgage loan companies, pension funds, brokers, underwriters, and investment funds.

You didn't really think that a few dozen election, tax, and embezzlement scandals would get in ACORN's way, did you? Nah.

Courtesy Republican members of the House Committee on Financial Services:
Democrats on the House Financial Services Committee voted to pass an amendment offered by Rep. Maxine Waters (D-CA) that will make ACORN eligible to play a role in setting regulations for financial institutions.
The idea is to "protect" certain financial "consumers" via a brand-new federal agency, Obama's Consumer Financial Protection Agency, the CFPA. The CFPA will have an Oversight Board, and that's not to provide oversight of the agency, which would be my first choice.

No, the Oversight Board will exist to make sure that financial consumers, notably those in "underserved communities" or those who are unqualified or marginally qualified for mortgage loans, experience "fair lending," and "civil rights":
The Waters amendment adds to the CFPA Oversight Board 5 representatives from the fields of "consumer protection, fair lending and civil rights, representatives of depository institutions that primarily serve underserved communities, or representatives of communities that have been significantly impacted by higher-priced mortgages" to join Federal banking regulators in advising the Director on the consistency of proposed regulations, and strategies and policies that the Director should undertake to enforce its rules.
Wait a second. Aren't these the very "financial consumers" who drove America into a housing crisis by forcing banks to loan to unqualified buyers? And wasn't ACORN, with its 300+ affiliates (including two political parties) the head muckety muck of all community organizations, even getting their legal advice from the Community-Organizer's-Lawyer-in-Chief, before he became president of the country that his pastor of 20 years thought should be damned by God? Those people?

Oh, yes, and ACORN runs on government money, colloquially known as "Obama's stash," which is a euphemism for your money, which is more and more starting to sound like a euphemism for your poverty, once you have been drained of your assets.
By making representatives of ACORN and other consumer activist organizations eligible to serve on the Oversight Board, the amendment creates a potentially enormous government sanctioned conflict of interest. ACORN-type organizations will have an advisory role on regulating the very financial institutions from which they receive millions of dollars annually in direct corporate contributions and benefit from other financial partnerships and arrangements. These are the same organizations that pressured banks to make subprime mortgage loans and thus bear a major responsibility for the collapse of the housing market.

In light of recent evidence linking ACORN to possible criminal activity, Democrats took an unprecedented step today to give ACORN a potential role alongside bank regulators in overseeing financial institutions. This is contrary to recent actions taken by the Senate and House to block federal funds to ACORN.
And, we cannot easily forget, the government now effectively owns controlling interests of some of the largest financial institutions in the world. Meaning that ACORN would be controlling those banks.
A recent inquiry into bank funding of ACORN activities by three House Committees found that institutions that would be regulated by the CFPA have provided millions of dollars to the organization in the form of direct donations, lines of credit, cash, and other assets over the last 15 years.

The Waters amendment passed on a vote of 35-33.
The Bad Guys who voted Aye (besides Madam Waters):
Frank (no surprise), Kanjorski, Maloney, Gutierrez, Velazquez, Watt, Ackerman, Sherman, Meeks, Moore of KS, Capuano, Hinojasa, Clay, McCarthy, Baca, Lynch, Scott, Green, Cleaver, Moore of WI, Hodes, Ellison,Klein, Wilson, Perlmutter, Donnelly, Foster, Carson, Speier, Childers, Minnick, Adler, Kilroy, Driehaus, Kosmas, Grayson, Himes, Peters, Maffei. Click here to see the Voting Record for the Waters Amendment (006) with your own eyes.
Nice Deb has been spreading the word. Thank you, Nice Deb.
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Related Posts:

Another Day in ObamaNation


In 1941, Progressive Democrat Franklin D. Roosevelt outlined four fundamental freedoms he thought should be enjoyed by humans "everywhere in the world":
  1. Freedom of speech and expression
  2. Freedom of religion
  3. Freedom from want
  4. Freedom from fear
It's been a long, strange, and distorting trip for Liberal America since then. Every day brings us a grotesque new edition of Bad, wrapped in Sad, inside Treachery. Yesterday's version:
  1. Freedom from speech and expression, Godfather style
  2. Freedom from religion, high school style
  3. Freedom to suffer want, Democrat style
  4. Freedom to fear, Islam style
And then:
  • In another of the seemingly endless series of "Religion of Peace" news items, there's the arrest of jihadist Tarek Mehanna, 27, a Beltway Sniper copycat, who also is a teacher at an Islamic middle school in an affluent Boston suburb, and whose father teaches at the Massachusetts College of Pharmacy. Charges? Aiming to kill unsuspecting "unbeliever" mall shoppers plus two members of the Executive Department, likely from a previous administration.
  • America was treated to a display of the razor-sharp focus on the Constitution of the United States by a Democrat Party led by a Harvard-trained Constitutional scholar whose Regulatory Czar also is a Harvard-trained Constitutional scholar.

A bright spot:
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Related Post: Vote No for ACORN

Friday, October 23, 2009

Congress Says: This Way to Chaos -- Or Else

It's simple really. Not long ago Thomas Sowell expanded on an observation made by two Russian economists that hit the nail on the head.

From Investor's Business Daily:

Nikolai Shmelev and Vladimir Popov said: "Everything is interconnected in the world of prices, so that the smallest change in one element is passed along the chain to millions of others."

What does that mean? It means that a huge increase in the demand for ice cream can mean higher prices for catcher's mitts, among other things.

When more cows are needed to produce more milk to make ice cream, then fewer cows will be slaughtered and that means less cowhide available to make baseball gloves. Supply and demand mean that catcher's mitts are going to cost more.

[snip]

If everything is connected to everything else in a market economy, then it makes no sense to have laws and policies that declare some given goal to be a "good thing," without regard to the repercussions, which spread out in all directions like waves across a pond when you drop a rock in the water.

Case in point: a relatively modest 5% increase in the demand for U.S. housing led to a huge increase in financial suffering across America, thus:

Our current economic meltdown results from the federal government, under both Democrats and Republicans, declaring homeownership to be a "good thing" and treating the percentage of families who own their own home as if it was some sort of magic number that had to be kept growing — without regard to the repercussions on other things.

We are now living with those repercussions, which include the worst unemployment in decades. That is the price we are paying for increasing homeownership from 64% to 69%.

How did we get from homeownership to 15 million unemployed Americans? By ignoring the fact that there was a reason why only 64% of families owned their own home. More people would have liked to be homeowners but did not qualify under mortgage-lending standards that had been in place for decades.

Politicians to the rescue: Federal regulatory agencies leaned on banks to lend to people they were not lending to before — or else. The "or else" included not having their business decisions approved by the regulators, which could cost them more money than making risky loans.

Mortgage lending standards were lowered in order to raise the magic number of homeownership. But with lower lending standards there were — surprise! — more mortgage payment delinquencies, defaults and foreclosures.

This was a problem not only for banks and other lenders, but also for those in the business of buying mortgages from the original lenders. These included semi-government enterprises like Fannie Mae and Freddie Mac, as well as Wall Street firms that bought mortgages, bundled them together and issued securities based on the anticipated income from those mortgages.

In other words, all these economic transactions were "interconnected," as the Russian economists would say. And when the people who owed money on their mortgages stopped paying, the whole house of cards began to fall.

Now our ACORN-saluting Congress have declared government-run health care for all to be a "good thing" and are treating the tax burden of providing "health care" to every person who resides in--or enters--the United States as some sort of magic number that must be kept growing — without regard to the repercussions on other things.

Meanwhile, state tax receipts are showing the steepest decline on record, one in 10 Americans (9.8%) is out of work, one in 2 (54%) of Americans under the age of 24 is totally unemployed and will continue to be unemployed because job openings for everyone--in all regions of the country--are decreasing, the dollar keeps depreciating, and our national debt has now grown to exceed $516 thousand per U.S. household, whether or not anyone in that household pays taxes.

The philosopher/historian Will Durant once observed that "civilization begins with order, grows with liberty and dies with chaos." If that observation is correct, then we'd best get busy protecting and expanding the remnants of our liberty, because chaos will not be a happy place.

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