Obama – Biden Kings of the Earmarks

In this time of trying to be fiscally responsible, the Barack Obama and Joe Biden ticket are the kings of earmarks.

Since he joined the Senate, Obama has requested $860 million in earmarks. When NBC asked the campaign to disclose how many earmarks Biden had requested, they refused.

Earlier this year during the campaign, Joe Biden disclosed that he had requested $342 million in earmarks this year alone.

Sarah Palin?  She has requested earmarks also, but not that much.  As mayor of Wasila she received $27 million and as governor received over $400 million, scaling back their requests over the tenure of her term as governor.

Now, earmark crusader John McCain. How much has he requested in earmarks? $0! Zero!

For Obama to criticize the McCain – Palin for not being fiscally responsible is just plain wrong. Obama-Biden are two of the biggest abusers of the use of earmarks in the U.S. Senate.

Check out the video.

How the Democrats are liars and blocked John McCain’s attempts of reform and regulation at Fannie Mae and Freddie Mac

It is amazing to me that the Democrats are lying about their involvement in the failure of Fannie Mae and Freddie Mac. Yes lying!

In the following clip, you can see Maxine Waters, Barney Frank, and other democrats attacking the regulator who exposed the “cooking of the books” by Fannie Mae and Freddie Mac leadership.  

You have Barney Frank saying that he doesn’t see a problem and no need to see any new regulations.

You have Maxine Water saying that the GSE’s are working and that they should continue to give 100 percent loans.

Here is a quote from Rep Gregory Meeks (D-New York) during the hearing.

“They’ve done a tremendous job. There’s been nothing that was indicated that’s wrong with Fannie Mae. Freddie Mac has come up on its own. And the question that then presents is the competence that your agency has with reference to deciding and regulating these GSEs [government-sponsored enterprises]. And so I wish I could sit here and say that I am not upset with you but I am very upset because you know what you do is give, maybe giving a reason to, as Mr. Gonazlez said, to give someone a heart surgery when they don’t need it.”

And you have Republicans raising the flag and saying that there needs to be more regulation.  Take a look for yourself. Continue reading

A great op-ed piece from David Gergen, A Deepening Leadership Crisis

A Deepening Leadership Crisis – David Gergen

This is a really insightful post of the lack of trust amongst the leadership of our country today.  Not only a trust in our President, but trust in the leadership of all levels of government and most of the private sector.

Where will our next great leader come from?  Is it one of the candidates running for President? Is there someone else out there?

We need a great leader to come forward.  I hope they come soon, because we definitely need it.

Nancy Pelosi fails at bipartisanship, fails America!

I just want to say that the U.S. Congress is the most dysfunctional group in the world.

But it is led by the worst, most ineffective speaker that the U.S. House of Representatives has ever seen, Nancy Pelosi.  This idiot was smiling in the press conference this afternoon after failing to get the U.S. House of Representatives to pass the financial bailout, something that needed to be done in some form.

Despite her claims, it was her fault that the bailout didn’t pass.  Throughout this entire process she said that the bailout bill needed to pass as a bipartisan effort.

But what does Pelosi do?

Right before the vote, Pelosi takes the floor and proceeds to rip President Bush and the Republicans over points of disagreement.  Pelosi was being extremely partisan, EXTREMELY!

The prepared version of the speech, which is still be handed out by her office, was relatively tame.  But the actual version she delivered today before the vote deviated quite radically.

Here is a sample:

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This is the reason that the bill didn’t pass.  The ineffective leadership that Pelosi brings to the House is what is driving the partisanship and causing Congress to be the most dysfunctional group.

It was her plan all along to do this and make McCain and the Republicans look bad in the process.

As long as 30 years ago with Tip O’Neill was the Speaker of the House, you fought for what you believed in and then came together for the best of the country.

But what Nancy Pelosi did today was drive a dagger right through the heart of America.  That is no way to run the House of Representatives or for a member of the U.S. Congress to act.

Lance from A Second Hand Conjecture sums it up best:

More importantly, if Pelosi believes her rhetoric about the importance of this bill the poor judgment, lack of leadership and inability to understand the importance of statesmanship in a crisis should be grounds for immediate dismissal from her post.

Shame on you Nancy Pelosi, SHAME! You are supposed to be a leader, the leader of the House of Representatives. But you did anything but lead today.

Statement I received from the McCain campaign…

The following is what I received from the McCain campaign about the financial crisis.

John McCain’s Remarks on the Economic Crisis
New York, NY
Wednesday, September 24, 2008

America this week faces an historic crisis in our financial system. We must pass legislation to address this crisis. If we do not, credit will dry up, with devastating consequences for our economy. People will no longer be able to buy homes and their life savings will be at stake. Businesses will not have enough money to pay their employees. If we do not act, ever corner of our country will be impacted. We cannot allow this to happen.

Last Friday, I laid out my proposal and I have since discussed my priorities and concerns with the bill the Administration has put forward. Senator Obama has expressed his priorities and concerns. This morning, I met with a group of economic advisers to talk about the proposal on the table and the steps that we should take going forward. I have also spoken with members of Congress to hear their perspective.

It has become clear that no consensus has developed to support the Administration’s proposal. I do not believe that the plan on the table will pass as it currently stands, and we are running out of time.

Tomorrow morning, I will suspend my campaign and return to Washington after speaking at the Clinton Global Initiative. I have spoken to Senator Obama and informed him of my decision and have asked him to join me.

I am calling on the President to convene a meeting with the leadership from both houses of Congress, including Senator Obama and myself. It is time for both parties to come together to solve this problem.

We must meet as Americans, not as Democrats or Republicans, and we must meet until this crisis is resolved. I am directing my campaign to work with the Obama campaign and the commission on presidential debates to delay Friday night’s debate until we have taken action to address this crisis.

I am confident that before the markets open on Monday we can achieve consensus on legislation that will stabilize our financial markets, protect taxpayers and homeowners, and earn the confidence of the American people. All we must do to achieve this is temporarily set politics aside, and I am committed to doing so.

Following September 11th, our national leaders came together at a time of crisis. We must show that kind of patriotism now. Americans across our country lament the fact that partisan divisions in Washington have prevented us from addressing our national challenges. Now is our chance to come together to prove that Washington is once again capable of leading this country.

What are your thoughts?