Tuesday, May 18, 2010

Our Eyes Are Open: Tuesday, May 18

Shameless Dem Self-Promoter Lies About Serving in Vietnam

Surprise, surprise. What a dirt bag.

Is one of the Dems' safest senate seats this November now in play?

Voters in Pennsylvania Go To Polls To Elect Murtha Successor

In what may be the most important harbinger of the November election, will Republican voters and Tea Party Movement show up at the polls to support conservative Tim Burns in this Democrat district? If Burns wins, watch-out in November.

Friday, May 14, 2010

Our Eyes Are Open: Friday, May 14

White House: Now We Want $25 Billion To Bail Out Teachers

The American people have made their voices clear: no more bailouts. Now the Obama Administration wants to spend $25 billion to preserve 300,000 teaching jobs for one more year. Might I ask, "$25 billion that we don't have for teaching jobs that we can't afford to put off layoffs for one year. And then what?"

Gov. Chris Christie Gets It. Honest And Refreshing

If you haven't seen this video yet, please take a look. NJ Gov. Chris Christie dressed down a reporter for calling him confrontational because he is frank and honest. Chris Christie is a warrior. I wish all Republicans had a spine like he does.

Thursday, May 13, 2010

Our Eyes Are Open: Thursday, May 13

Dem's Climate Bill Rests on Power of Business Lobbyists

Hmmm...I thought Obama was going to change how Washington works. My how times have changed when his global warming scam bill depends upon the success of corporate lobbyists.

CBO: We didn't have enough time to accurately access ObamaCare's cost

I suppose we now know why the Democrats had to push through ObamaCare so fast. They had to steamroll the American people before we could find out how much it really cost. Now we find out that it will cost $115 billion more than the White House said it would, and will wipe out all of the (phony) cuts it was purported to provide in the deficit over 10 years.

The Road to November: Crist Stabs Republicans in the Back, Then Keeps Their Money

Please join me in supporting Marco Rubio, a great Republican for Senate in Florida.

Monday, May 10, 2010

Our Eyes Are Open: Monday, May 10

The Welfare State's Death Spiral

Fannie Mae Requests More Bailout Money

In Bed With Fannie and Freddie

Economic Suicide by Debt or Taxes?

Don't Enable Government Power Addicts

The financial meltdown in the United States was the government’s fault. As I have addressed previously, our Congress, in an attempt to increase the affordability of home ownership, pushed Fannie Mae and Freddie Mac (government sponsored mortgage guarantee corporations) to originate and package sub-prime loans. The program was a success. Millions more Americans who previously could not afford homes were granted mortgages and home ownership rates reached new highs. A housing boom resulted, prices of homes skyrocketed, and the economy was on a roll. Unfortunately, many of those new homeowners had no reasonable ability to repay when times got tough. The housing bubble peaked, demand decreased, housing prices plummeted, and mortgage defaults skyrocketed. The credit meltdown had begun.

Enter Congress. Unwilling to accept any responsibility for their complicity in the credit debacle, Democrats in Congress began a chorus of criticism calling for more regulation of the financial industry to rescue the public from the "evils" of free market capitalism and the "greed" of Wall Street financial firms.

Regulation is the use is government power to effect private behavior to conform to the desire of government officials. No cliché is more true than “Power corrupts and absolute power corrupts absolutely.” Much like an illicit drug corrupts a user through addition, the power to regulate and legislate corrupts government officials through vanity, elitism, conceit, and self-righteousness.

Just as a drug addict can not begin the difficult road to recovery until they admit they have a problem, our government can not begin the return to health until those in power admit that they were complicit in causing the financial meltdown in the first place.

Republicans in Congress must demand accountability and stand against this power grab by Democrats under the veil of protecting the public from "evil" Wall Street. We must not allow those in Congress to pass new financial regulations until they admit that they themselves erred and started the real estate bubble through easy money and allowing Fannie Mae and Freddie Mac to guarantee sub-prime mortgage loans to poorly qualified borrowers.

Yes, I know: fat chance. Well then, so be it. Its better we deal with poorly constructed financial regulation as it exists than enable government power addicts who accept no responsibility by forfeiting more of our precious liberty for security they can not provide.