Posts from the ‘OVERSITE’ Category

AUDIT THE FEDERAL RESERVE!!

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      With Congress spending TRILLIONS of taxpayer dollars and the Federal Reserve literally creating money out of thin air, it’s never been more important you and I force Congress to Audit the Fed.

      That’s why it is vital you sign this petition to your Senators and Representative DEMANDING they support Rep. Ron Paul’s Audit the Fed Bill.

      After you sign, please make a contribution to Campaign for Liberty to get more folks in this fight.  Unlike the Federal Reserve, Campaign for Liberty cannot just print money out of thin air to spread the word.

“Audit the Federal Reserve”
Petition to the US Congress

Whereas:   The Federal Reserve refuses to give a public accounting of the TRILLIONS in recent taxpayer-backed loans; and
Whereas:   Congress has the responsibility to force a public audit of the Federal Reserve, and the American people deserve to know how their tax dollars are being spent; and
Whereas:   Allowing the Fed to remain out of control and shrouded in secrecy clearly allows for abuse and the continued stealing of our tax dollars through inflation and unaccounted electronic bank “loans”; and
Whereas:   The Federal Reserve’s abuses lead to constant economic crises like the current housing crisis, international banking crisis and the resulting chaos; and
Whereas:   The Federal Reserve System forces fuel, food, housing, medical care and education costs upward, meaning that everyone who is NOT on the government dole is forced to make do with less as the value of money slowly decreases; and
Whereas:   History shows us that riots, violence and full-scale police states can result when people finally realize fiat money isn’t worth the paper it’s printed on and REFUSE to accept it;
Therefore:   I urge you to cosponsor and make every effort to seek roll call votes on the Audit the Fed Bill, H.R. 1207/S 604.
Please submit the information below to sign the petition. Copies will be sent to
      your Senators and Congressman.

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no responsibility for the actions of individuals or groups of individuals who use the Campaign for Liberty logo or name or who
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WE NEED A STAND UP GUY IN THIS COUNTRY

NANCY PELOSI IS CLOSING THE DOOR TO EVERYONE BUT THE LIBERAL LEFT WING DEMOCRATES. THE DEMOCRATS ARE PASSING A 1900 PAGE HEALTH CARE BILL BEHIND CLOSED DOORS. 90% OF THEM HAVE NOT READ THE BILL!!! WHERE ARE THE REPUBLICANS,INDEPENDENTS,AND ALL THE OTHER PEOPLE WHO DON’T EVEN VOTE OR CARE.THEY ARE ALL HIDING BEHIND THE SKIRTS OF “MICHELLE BACHMAN(R.MN.)

SHE IS THE ONLY ONE WITH ANY NERVE AND TELLS IT THE WAY IT IS. SHE WOULD LIKE THE PEOPLE TO MARCH ON WASHINGTON AND SHE WILL TAKE THEM IN THROUGHT THE CLOSED DOORS.

“AMERICA IT IS TIME TO MAN UP!!!”

SOMEONE SHOULD HAVE BEEN AT THAT CLOSED DOOR WITH A CAMERA AND FORCED THERE WAY IN!!!

 

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KING OBAMA ORDERED THE CLOSING OF CHRYSLER BECAUSE THEY VOTED REPUBLICAN

Chrysler
Image via Wikipedia

I wrote yesterday of the possibility that Chrysler dealers who had been given the ax were disproportionately Republican – many of them large contributors to GOP candidates and the RNC.

Now comes more evidence that these dealer closings were politically motivated. Through Reliapundit at Astute Bloggers, we learn that the lawyer for the dealers being torpedoed believes that the closings were ordered not by Chrysler, but by the White House…”
And the difference between Obama and Chavez is….?  

   Read More…

Read Less…

 

 

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OBAMA HAD NO RIGHT UNDER THE CONSTITION TO TAKE OVER GENERAL MOTORS

Mr Pink Eyes

 

GM CEO GM CEO 

The president, although he denies it, lacks the congressional, legislative, and more importantly, the constitutional authority to take over a controlling interest in General Motors and Chrysler. But that is what he did anyway. The president has seized a 60% controlling interest in the automaker. He claims that he is a “reluctant equity owner,” but if he were so reluctant he wouldn’t have done it.

For a bunch of folks who say they don’t want to be in the day-to-day operation and don’t want to manage the old Chrysler and the new Chrysler into bankruptcy, they sure seem to be doing that – telling them how much they can spend on advertising, rejecting opportunities to avoid bankruptcy for both Chrysler and GM

 There were other options; GM could have filed for bankruptcy without the president getting involved and without wasting our taxpayer money. That is what should have happened but that is not what happened. The president willingly, not reluctantly, became the controlling partner of GM. To insure that the government became the controlling partner he gave GM another $30 billion even as they were claiming bankruptcy. He did this so that he could dictate what type of cars GM could manufacture. He got what he wanted. But he did it illegally regardless of his claim that he has not overstepped the constitution or congress.

   But this all started before this president took office. It started with President Bush. One of his last acts in office was to ignore congress when they failed to pass legislation that would give him the authority to bailout the automakers. Once that happened, President Bush then decided to sidestep their decision and use TARP money, which was supposed to be used only to bailout financial institutions, to bailout the automakers.

  President Bush left office on an extremely sour note with me by agreeing to all of these bailouts in the first place, and then when he ignored congress and unconstitutionally gave money to the auto companies our fate was sealed. The current president is now picking up where the last one left off.

  Nobody will ever be able to say for sure what President Bush’s plan would have been moving forward but I would bet that he never envisioned the government actually taking over an automaker. At least I like to think that he never would have considered taking over a private company. But once the current president took over all bets were off. We now have a president that thinks only government can solve problems and his initial reaction was to seize control of the company even without the authority. The president took President Bush’s ill advised power grab to the next level; government seizure and control.

  Last week 36 members of congress, including 6 Democrats asked the president in a letter to give them back the power that was unconstitutionally taken away from them. Needless to say, they were ignored. Yet they will do nothing. The Democrat controlled congress is not going to do anything that appears to go against what the popular president wants and that includes his ignoring of their authority. The authority that was given to the congress for the purpose of checks and balances.

  So we now have a president who is overreaching and not only meddling in the affairs of a private company, he is also hiring and firing management of that company. He is ordering the closing of dealerships and costing Americans thousands of jobs.

  This sets a precedent that can have far reaching consequences and the American people seem oblivious to what is going on here. Do the American people really think that it is okay for any president to seize control of a private company? Is that the point we have reached in this country?

  When did it become acceptable for a president to grab so much power and when did congress become so impotent to stop it.

ALSO AFTER SOME RESEARCH IT WAS DISCOVERED THAT THE “GM” PLANTS THAT WERE CLOSED WERE PLANTS THAT DIDN’T CONTRIBUTE TO “OBAMA”

WAKE UP AMERICA

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NEW NAME ON MY WEBLOG. “THE PATRIOT”

MY DOMAIN NAME EXPIRED,  SO THIS IS MY NEW NAME. “THE PATRIOT”

THANKS TO EVERYONE WHO READS MY BLOG, I HOPE YOU CONTINUE. I INTEND TO CONTINUE TO BLOG ABOUT THE SAME TOPICS, I WILL STILL BE OPINIONATED!

THANKS AGAIN,

MICKMCK707.WORDPRESS.COM

BARNEY FRANK NAMED PORKER OF THE MONTH

167376 porkerof the month

Federal Home Loan Mortgage Corporation (Freddi...
Image via Wikipedia

Citizens Against Government Waste (CAGW) today named House Financial Services  Committee Chairman Barney Frank (D-Mass.) its March 2009 Porker of the Month.  The chairman, having somehow eluded this dubious award in the past, finally delivered enough of Barney’s blarney to be recognized, appropriately, on St. Patrick’s Day.

On Monday, March 16, 2009, Chairman Frank expressed public umbrage over reports that insurance giant AIG, a recipient of $173 billion from the U.S. Treasury, had distributed $165 million in retention bonuses to some of the employees who helped bring the company to the verge of collapse.  Chairman Frank fulminated that AIG had “rewarded failure” in awarding the bonuses.  That’s rich.

Chairman Frank has never been shy about rewarding failure in the past and he generally favors using taxpayer dollars to do it.  He was front and center in support of enactment of TARP, which noticeably had no enforceable strings attached related to executive compensation.  Indeed, he helped promote perks for bank executives.  According to a January 24, 2009 Boston Herald editorial, Chairman Frank made sure “one of the recipients of a $12 million infusion of federal cash was the troubled OneUnited Bank in Boston – a bank that had already been accused of ‘unsafe and unsound banking practices.’  Its CEO, Kevin Cohee had also been criticized by regulators for ‘excessive’ pay that included a Porsche.”  Chairman Frank included specific provisions in TARP aimed at bailing out OneUnited and spoke directly to Treasury officials about it.

Perhaps most damning is Chairman Frank’s irresponsible defense of the activities of Fannie Mae and Freddie Mac over the years, even when it became clear that executives at the two giant government-sponsored enterprises (GSEs) had manipulated earnings statements and gifted themselves with huge bonuses based on the bogus numbers, misled regulators, and steered the companies into such shoddy condition that they posed a systemic risk to the entire financial system.  Chairman Frank must regret his September 11, 2003 statement to The New York Times that Fannie and Freddie “are not facing any kind of financial crisis…[t]he more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.”  During a 2003 committee hearing related to establishing oversight over the GSEs, he casually announced that he didn’t want “the same kind of focus on safety and soundness that we have in Office of the Comptroller of the Currency and the Office of Thrift Supervision.  I want to roll the dice a little bit more in this situation towards subsidized housing.”  We know how that worked out:  the GSEs are now almost entirely owned by the taxpayers; Freddie Mac tapped the Treasury for $13.8 billion in 2008; and Fannie Mae is on deck to get $15.2 billion this year.

“Even in this global capital of hot air, bait-and-switch politics, and double-talk, Chairman Frank deserves singular recognition,” said CAGW President Tom Schatz.  “It strains credulity to hear him rebuking anyone for rewarding failure after he helped create the disaster in the first place.”

For his ample and under-appreciated contributions to the nation’s current economic meltdown and his near-genius ability to engage in the two-faced blame game, CAGW names House Financial Services Committee Chairman Barney Frank March Porker of the Month.

Citizens Against Government Waste is the nation’s largest nonpartisan, nonprofit organization dedicated to eliminating waste, fraud, abuse, and mismanagement in government.  Porker of the Month is a dubious honor given to lawmakers, government officials, and political candidates who have shown a blatant disregard for the interests of taxpayers.

 

 

 

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