| Re: And now it begins | <– Date –> <– Thread –> |
From: JAshburne (JAshburne aol.com)
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| Date: Sun, 5 Oct 2008 13:10:25 -0700 (PDT) | |
Unfortunately it seems that there will be no balance between the President and Congress if Obama wins. If anything, Dems in the Senate are hoping for a filibuster proof 60+ number of seats. It wasn't good when Bush and a republican controlled congress (2001-2006) reigned as there was no control whatsoever in spending and I fear that a far left socialistic income redistributing Democratic president who wants to nationalize health care, start programs to pay for college and increase welfare benefits among 800 billion of other "investments" (note that congress never "spends" anything. All of the dollars that they pay out are "investments") combined with a devoted democratic super majority congress will be a disaster for the economy and your take home pay, whether you are an employee or an employer. Balance of power is good and I fear that there will be no one to balance an Obama presidency. John PS my spell checker pinged on Obama and suggested these two alternatives among the top 4 choices: Bagman and Badman. How prophetic! In a message dated 10/5/2008 10:48:54 A.M. Eastern Daylight Time, rick.morris [at] brewhaus.com writes: You are correct, John. I have lived in a socialist country, and there are only a couple of groups that it is actually good for: Those who are unable to otherwise be gainfully employed (physical or mentally handicapped)- which is really a very small group Those who are lazy, and find ways to live off of social programs- and believe me, they will! I for one have no problems in helping that first group, and I do not think that you will find many people among those more fortunate to feel otherwise. However, that second group is considerably larger than the first, and will slowly grow creating a need for more and more money going into the social programs (ie. increased taxes). And, that second group is the one that everyone gets rather upset about helping. I, too, am very worried about the effects of voting in the socialist party (oops, strike that- I meant Democratic party). This country has become the greatest in the world through its free market enterprise. Is it just me, or has the Democratic party been leaning further and further left over the past 20 years? They seem to have become more extreme than in the past. I guess that we can just hope that if the presidency flips to a Democrat, that Congress flips the opposite direction. Rick Brewhaus (America) Inc. Hot Sauce Depot 5901 Park Vista Circle, #105 Keller, TX 76248 817-750-2739 http://www.brewhaus.com/ http://www.hotsaucedepot.com/ -----Original Message----- From: JAshburne [at] aol.com [mailto:JAshburne [at] aol.com] Sent: Sunday, October 05, 2008 9:03 AM To: rick.morris [at] brewhaus.com Cc: ferrari [at] ferrarilist.com Subject: Re: [Ferrari] And now it begins Of all of the provisions of the bailout bill, the most dangerous and extremely troubling is the provision that a judge can override and effectively renegotiate a mortgage contract. This country's success has been because of a number of free market capitalistic reasons, but one of the most under appreciated and valuable factors has been the sanctity of contract law. It is right up there with private property rights, which are also being eroded by expanded eminent domain applied to increase tax revenues and restrictions about what can be done with private property. Without the assurance that contracts between two parties are valid and enforceable, there would have been nowhere near the growth and prosperity that we have enjoyed. I have financed companies and projects all over the world and the most important question about whether or not it is even possible to provide financing is about the political risk that contracts in that country will be nullified by the government. Countries that have a record of doing that are unlikely to get any financing at all. Witness Venezuela, Bolivia and Ecuador and their recent actions in tearing up private party contracts and appropriating natural resource company assets. It will be years, if not decades, before these countries will be able to really attract international capital and in the meantime, their economies will suffer and they will perpetuate their status as third world countries. Socialism in this country will not appear overnight in one dramatic bang, it will creep in slowly in a series of seemingly innocuous actions that are 'for the good of the people (e.g. mortgage holders)". But over time, these little actions will add up and it will take over. We will look back 20 years from now and wonder how we fell down so far into the socialistic abyss. I am really truly very, very worried. John In a message dated 10/4/2008 10:40:57 A.M. Eastern Daylight Time, rick.morris [at] brewhaus.com writes: Well, I for one am not ready for a socialist America. Free health care? It astounds me just how many people buy into that, and do not have the sense to realize that the government is not a business- it does not 'make' money, it gets its money via taxes. So, where do the tens of billions of dollars come from to pay for such a plan? Any guesses? I'll give you a hint- expect a drop in your take home pay. The last thing that America needs right now is to see the reduced spending resulting from people taking home less. And if you buy into the 'increase taxes only on the rich', then I have a beautiful bridge for you. Virtually every politician promises this, but they are not about to bite the hand that feeds them. These are the very people that donate the funds to run your campaign- are you about to hit them with big tax increases? Sorry, it is the $50K to $250K income group that will be hit again. You want to make a change- abolish the IRS and put in a national sales tax. There are no loopholes, people pay tax based on income (the more you make, the more you tend to spend), and you will also tax people who currently are not taxed (drug dealers, prostitutes, etc.) as well as unclaimed income (most of the service industry) that result in their ability to spend more. And do we want to even guess the number of lawsuits (hey, count me in) that will be launched when banks have to eat part of the interest rate and principle (esp that second part!) of mortgages for those who irresponsibly over-bought, and now cannot afford the payments? Not only is this socialist bordering on communist, but it also penalizes everyone who was responsible enough to purchase within their means by forcing them to pay the full shot for their home, and not have the bank pay part of it for you. And the Dem's have the gall to say that this is not redistribution of wealth!? What is wrong with proposing that the banks renegotiate the term of the mortgage? Maintain an appropriate interest rate, and extend the term to 40 or 45 years? This should sufficiently lower a payment to something that a person could afford, it would avoid any losses (the money is already lent, so the principle is returned more slowly but that results in increased profit through a higher interest portion of a payment), and would avoid foreclosure. Most people do not hold their house for 30 years, anyway, so the loan would likely be repaid in well under that time frame, and the bank will have made more profit on interest. Well, there is my rant- sorry, I could not hold it in any longer. But one more point. Leave Iraq? I am sorry, but a lot of people were in favor of going in, and once you do that you have to finish the job. We may not like it while we are there, but you have to finish what you start. If we don't, then we will be heading back there within five years. Okay, now I am done. Rick -----Original Message----- From: jimshadow [at] verizon.net [mailto:jimshadow [at] verizon.net] Sent: Saturday, October 04, 2008 7:22 AM To: RAM Cc: The FerrariList Subject: Re: [Ferrari] And now it begins So ones ability to communicate holds weight over real world experience? What is it that Obama has done in his Senatorial experience again aside from master use of the 'Present' vote button. Hardly impressive. Oh yeah, he was a lead lawyer in suing a big bad corporation (Citibank)......that's good, right? Nope.....that forced Citi to make loans available to people they never otherwise. What's the harm in that? Well now he has the idea that Fed bankruptcy judges should be able to adjust not only rates BUT principal amounts as well??? COME ON! But Obama claimed he did warn of the impending problems with sub prime loans then turns around and puts two of the most corrupt CEO's on his Advisory board... I believe F.D. Raines has made a buck or two off of sub prime lending....now WE have to bail it out? Obama reeks and we will be in a world of hurt if this clown gets elected....... Jim Sent from my BlackBerry® smartphone with SprintSpeed -----Original Message----- From: "philville dejazzd.com" <philville [at] dejazzd.com> Date: Sat, 04 Oct 2008 07:40:48 To: JIM<jimshadow [at] verizon.net> Cc: The FerrariList<ferrari [at] ferrarilist.com> Subject: [Ferrari] And now it begins In ref. to "Secret Foreign Money" This is only my opinion. Nothing based on facts, if for no reason other than facts seem to come and go as they please. As I said on Oct. 3rd at10:58 pm.... "SWIFT BOATS, because you know they are coming soon!"........I do not know what is true and what is not, so I will hve to go with my gut I believe that John McC is a great man and gave a lot, but 2 things.... 1) Having spent 6 to 7 years of his life in a prison camp is not a great reason to have ones finger poised over the doomsday button. 2) He may be a great (and knowledgable) statesman but I do not feel that he is the apprpriate communicator to get us back to being the Unitd States of America that has presided over world affairs in the past. Phil ----- Original Message ----- From: Rich <Richf355 [at] comcast.net> Date: Saturday, October 4, 2008 12:05 am Subject: Re: [Ferrari] Latest Government Actions (NFC) OT To: Phil Tegtmeier <philville [at] dejazzd.com> Cc: The FerrariList <ferrari [at] ferrarilist.com> > > ----- Original Message ----- > From: "Adam" <flatcrank [at] gmail.com> > To: "Rich" <RichF355 [at] comcast.net> > Cc: "The FerrariList" <ferrari [at] ferrarilist.com> > Sent: Friday, October 03, 2008 8:39 PM > Subject: Re: [Ferrari] Latest Government Actions (NFC) OT > > > > This is depressing. > > > > I don't see any evidence of Obama raising half a billion (from > whom?)> and why wouldn't the McCain campaign be all over it? > > > > Looking at the FEC site, it seems like Obama has a total of > $400M and > > with many donations above $2000, there's no obvious "foreign" - > - > > what's the process for identifying the sources? > > > >=================================== > > This story seems to answer the questions you have. > > Secret, Foreign Money Floods Into Obama Campaign > Monday, September 29, 2008 9:23 PM > > By: Kenneth R. Timmerman > > > > > More than half of the whopping $426.9 million Barack Obama has > raised has > come from small donors whose names the Obama campaign won't disclose. > > > And questions have arisen about millions more in foreign > donations the Obama > campaign has received that apparently have not been vetted as > legitimate. > > Obama has raised nearly twice that of John McCain's campaign, > according to > new campaign finance report. > > But because of Obama's high expenses during the hotly contested > Democratic > primary season and an early decision to forgo public campaign > money and the > spending limits it imposes, all that cash has not translated > into a > financial advantage - at least, not yet. > > > The Obama campaign and the Democratic National Committee began > September > with $95 million in cash, according to reports filed with the > Federal > Election Commission (FEC). > > > The McCain camp and the Republican National Committee had $94 > million, > because of an influx of $84 million in public money. > > > But Obama easily could outpace McCain by $50 million to $100 > million or more > in new donations before Election Day, thanks to a legion of > small > contributors whose names and addresses have been kept secret. > > > Unlike the McCain campaign, which has made its complete donor > database > available online, the Obama campaign has not identified donors > for nearly > half the amount he has raised, according to the Center for > Responsive > Politics (CRP). > > > Federal law does not require the campaigns to identify donors > who give less > than $200 during the election cycle. However, it does require > that campaigns > calculate running totals for each donor and report them once > they go beyond > the $200 mark. > > > Surprisingly, the great majority of Obama donors never break the > $200 > threshold. > > > "Contributions that come under $200 aggregated per person are > not listed," > said Bob Biersack, a spokesman for the FEC. "They don't appear > anywhere, so > there's no way of knowing who they are." > > > The FEC breakdown of the Obama campaign has identified a > staggering $222.7 > million as coming from contributions of $200 or less. Only $39.6 > million of > that amount comes from donors the Obama campaign has identified. > > > It is the largest pool of unidentified money that has ever > flooded into the > U.S. election system, before or after the McCain-Feingold > campaign finance > reforms of 2002. > > > Biersack would not comment on whether the FEC was investigating > the huge > amount of cash that has come into Obama's coffers with no public > reporting. > > But Massie Ritsch, a spokesman for CRP, a campaign-finance > watchdog group, > dismissed the scale of the unreported money. > > > "We feel comfortable that it isn't the $20 donations that are > corrupting a > campaign," he told Newsmax. > > > But those small donations have added up to more than $200 > million, all of it > from unknown and unreported donors. > > > Ritsch acknowledges that there is skepticism about all the > unreported money, > especially in the Obama campaign coffers. > > > "We and seven other watchdog groups asked both campaigns for > more > information on small donors," he said. "The Obama campaign never > responded," > whereas the McCain campaign "makes all its donor information, > including the > small donors, available online." > > > The rise of the Internet as a campaign funding tool raises new > questions > about the adequacy of FEC requirements on disclosure. In pre- > Internet > fundraising, almost all political donations, even small ones, > were made by > bank check, leaving a paper trail and limiting the amount of fraud. > > > But credit cards used to make donations on the Internet have > allowed for far > more abuse. > > > "While FEC practice is to do a post-election review of all > presidential > campaigns, given their sluggish metabolism, results can take > three or four > years," said Ken Boehm, the chairman of the conservative > National Legal and > Policy Center. > > > Already, the FEC has noted unusual patterns in Obama campaign > donations > among donors who have been disclosed because they have gone > beyond the $200 > minimum. > > > FEC and Mr. Doodad Pro > > > When FEC auditors have questions about contributions, they send > letters to > the campaign's finance committee requesting additional > information, such as > the complete address or employment status of the donor. > > > Many of the FEC letters that Newsmax reviewed instructed the > Obama campaign > to "redesignate" contributions in excess of the finance limits. > > > Under campaign finance laws, an individual can donate $2,300 to > a candidate > for federal office in both the primary and general election, for > a total of > $4,600. If a donor has topped the limit in the primary, the > campaign can > "redesignate" the contribution to the general election on its books. > > > In a letter dated June 25, 2008, the FEC asked the Obama > campaign to verify > a series of $25 donations from a contributor identified as > "Will, Good" from > Austin, Texas. > > > Mr. Good Will listed his employer as "Loving" and his profession > as "You." > > > A Newsmax analysis of the 1.4 million individual contributions > in the latest > master file for the Obama campaign discovered 1,000 separate > entries for Mr. > Good Will, most of them for $25. > > > In total, Mr. Good Will gave $17,375. > > > Following this and subsequent FEC requests, campaign records > show that 330 > contributions from Mr. Good Will were credited back to a credit > card. But > the most recent report, filed on Sept. 20, showed a net > cumulative balance > of $8,950 - still well over the $4,600 limit. > > > There can be no doubt that the Obama campaign noticed these > contributions, > since Obama's Sept. 20 report specified that Good Will's > cumulative > contributions since the beginning of the campaign were $9,375. > > > In an e-mailed response to a query from Newsmax, Obama campaign > spokesman > Ben LaBolt pledged that the campaign would return the donations. > But given > the slowness with which the campaign has responded to earlier > FEC queries, > there's no guarantee that the money will be returned before the > Nov. 4 > election. > > > Similarly, a donor identified as "Pro, Doodad," from "Nando, > NY," gave > $19,500 in 786 separate donations, most of them for $25. For > most of these > donations, Mr. Doodad Pro listed his employer as "Loving" and > his profession > as "You," just as Good Will had done. > > > But in some of them, he didn't even go this far, apparently > picking letters > at random to fill in the blanks on the credit card donation > form. In these > cases, he said he was employed by "VCX" and that his profession > was "VCVC." > > > Following FEC requests, the Obama campaign began refunding money > to Doodad > Pro in February 2008. In all, about $8,425 was charged back to a > credit > card. But that still left a net total of $11,165 as of Sept. 20, > way over > the individual limit of $4,600. > > > Here again, LaBolt pledged that the contributions would be > returned but gave > no date. > > > In February, after just 93 donations, Doodad Pro had already > gone over the > $2,300 limit for the primary. He was over the $4,600 limit for > the general > election one month later. > > > In response to FEC complaints, the Obama campaign began > refunding money to > Doodad Pro even before he reached these limits. But his credit > card was the > gift that kept on giving. His most recent un-refunded > contributions were on > July 7, when he made 14 separate donations, apparently by credit > card, of > $25 each. > > > Just as with Mr. Good Will, there can be no doubt that the Obama > campaign > noticed the contributions, since its Sept. 20 report specified > that Doodad's > cumulative contributions since the beginning of the campaign > were $10,965. > > > Foreign Donations > > > And then there are the overseas donations - at least, the ones > that we know > about. > > > The FEC has compiled a separate database of potentially > questionable > overseas donations that contains more than 11,500 contributions > totaling > $33.8 million. More than 520 listed their "state" as "IR," often > an > abbreviation for Iran. Another 63 listed it as "UK," the United > Kingdom. > > More than 1,400 of the overseas entries clearly were U.S. > diplomats or > military personnel, who gave an APO address overseas. Their > total > contributions came to just $201,680. > > > But others came from places as far afield as Abu Dhabi, Addis > Ababa, > Beijing, Fallujah, Florence, Italy, and a wide selection of > towns and cities > in France. > > > Until recently, the Obama Web site allowed a contributor to > select the > country where he resided from the entire membership of the > United Nations, > including such friendly places as North Korea and the Islamic > Republic of > Iran. > > > Unlike McCain's or Sen. Hillary Clinton's online donation pages, > the Obama > site did not ask for proof of citizenship until just recently. > Clinton's > presidential campaign required U.S. citizens living abroad to > actually fax a > copy of their passport before a donation would be accepted. > > > With such lax vetting of foreign contributions, the Obama > campaign may have > indirectly contributed to questionable fundraising by foreigners. > > > In July and August, the head of the Nigeria's stock market held > a series of > pro-Obama fundraisers in Lagos, Nigeria's largest city. The > events attracted > local Nigerian business owners. > > > At one event, a table for eight at one fundraising dinner went > for $16,800. > Nigerian press reports claimed sponsors raked in an estimated > $900,000. > > The sponsors said the fundraisers were held to help Nigerians > attend the > Democratic convention in Denver. But the Nigerian press > expressed skepticism > of that claim, and the Nigerian public anti-fraud commission is > now > investigating the matter. > > > Concerns about foreign fundraising have been raised by other > anecdotal > accounts of illegal activities. > > > In June, Libyan leader Moammar Gadhafi gave a public speech > praising Obama, > claiming foreign nationals were donating to his campaign. > > > "All the people in the Arab and Islamic world and in Africa > applauded this > man," the Libyan leader said. "They welcomed him and prayed for > him and for > his success, and they may have even been involved in legitimate > contribution > campaigns to enable him to win the American presidency..." > > > Though Gadhafi asserted that fundraising from Arab and African > nations were > "legitimate," the fact is that U.S. federal law bans any > foreigner from > donating to a U.S. election campaign. > > > The rise of the Internet and use of credit cards have made it > easier for > foreign nationals to donate to American campaigns, especially if > they claim > their donation is less than $200. > > > Campaign spokesman LaBolt cited several measures that the > campaign has > adopted to "root out fraud," including a requirement that anyone > attending > an Obama fundraising event overseas present a valid U.S. > passport, and a new > requirement that overseas contributors must provide a passport > number when > donating online. > > > One new measure that might not appear obvious at first could be > frustrating > to foreigners wanting to buy campaign paraphernalia such as T- > shirts or > bumper stickers through the online store. > > > In response to an investigation conducted by blogger Pamela > Geller, who runs > the blog Atlas Shrugs, the Obama campaign has locked down the store. > > > Geller first revealed on July 31 that donors from the Gaza strip > had > contributed $33,000 to the Obama campaign through bulk purchases > of T-shirts > they had shipped to Gaza. > > The online campaign store allows buyers to complete their > purchases by > making an additional donation to the Obama campaign. > > > A pair of Palestinian brothers named Hosam and Monir Edwan > contributed more > than $31,300 to the Obama campaign in October and November 2007, > FEC records > show. > > > Their largesse attracted the attention of the FEC almost > immediately. In an > April 15, 2008, report that examined the Obama campaign's year- > end figures > for 2007, the FEC asked that some of these contributions be > reassigned. > > The Obama camp complied sluggishly, prompting a more detailed > admonishment > form the FEC on July 30. > > > The Edwan brothers listed their address as "GA," as in Georgia, > although > they entered "Gaza" or "Rafah Refugee camp" as their city of > residence on > most of the online contribution forms. > > > According to the Obama campaign, they wrongly identified > themselves as U.S. > citizens, via a voluntary check-off box at the time the > donations were made. > > > Many of the Edwan brothers' contributions have been purged from > the FEC > database, but they still can be found in archived versions > available for CRP > and other watchdog groups. > > > The latest Obama campaign filing shows that $891.11 still has > not been > refunded to the Edwan brothers, despite repeated FEC warnings > and campaign > claims that all the money was refunded in December. > > > A Newsmax review of the Obama campaign finance filings found > that the FEC > had asked for the redesignation or refund of 53,828 donations, > totaling just > under $30 million. > > > But none involves the donors who never appear in the Obama > campaign reports, > which the CRP estimates at nearly half the $426.8 million the > Obama campaign > has raised to date. > > > Many of the small donors participated in online "matching" > programs, which > allows them to hook up with other Obama supporters and > eventually share > e-mail addresses and blogs. > > > The Obama Web site described the matching contribution program > as similar to > a public radio fundraising drive. > > > "Our goal is to bring 50,000 new donors into our movement by > Friday at > midnight," campaign manager David Plouffe e-mailed supporters on > Sept. 15. > "And if you make your first online donation today, your gift > will go twice > as far. A previous donor has promised to match every dollar you > donate." > > FEC spokesman Biersack said he was unfamiliar with the matching > donation > drive. But he said that if donations from another donor were > going to be > reassigned to a new donor, as the campaign suggested, "the two > people must > agree" to do so. > > > This type of matching drive probably would be legal as long as > the matching > donor had not exceeded the $2,300 per-election limit, he said. > > > Obama campaign spokesman LaBolt said, "We have more than 2.5 > million donors > overall, hundreds of thousands of which have participated in > this program." > > > Until now, the names of those donors and where they live have > remained > anonymous - and the federal watchdog agency in charge of > ensuring that the > presidential campaigns play by the same rules has no tools to > find out. > > > > > > > > > > > > > > > > > > © 2008 Newsmax. All rights reserved. > > _________________________________________________________________ > To unsubscribe or modify your subscription options, please visit: > http://lists.ferrarilist.com/mailman/options/ferrari/philville%40deja z zd.com > > Sponsored by BooyahMedia.com > and F1 Headlines > http://www.F1Headlines.com/ Philip "Phil" Tegtmeier 39 Churchill Drive Elverson Pa 19520 610.525.8949 And, go to: ... www.PhilvilleUSA.com _________________________________________________________________ To unsubscribe or modify your subscription options, please visit: http://lists.ferrarilist.com/mailman/options/ferrari/rick.morris%40brewh aus. com Sponsored by BooyahMedia.com and F1 Headlines http://www.F1Headlines.com/ _________________________________________________________________ To unsubscribe or modify your subscription options, please visit: http://lists.ferrarilist.com/mailman/options/ferrari/jashburne%40aol.com Sponsored by BooyahMedia.com and F1 Headlines http://www.F1Headlines.com/ ---------------------------------------------------------------------------- -- New MapQuest Local shows what's happening at your destination. 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- The Tragedy of Obama -, (continued)
- The Tragedy of Obama - Doug and Terri Anderson, October 5 2008
- Newsweek Mag: Obama's Fraudulent Contributions Rich, October 5 2008
- Re: Newsweek Mag: Obama's Fraudulent Contributions Brewhaus / Hot Sauce Depot, October 5 2008
- Re: Newsweek Mag: Obama's Fraudulent Contributions LarryT, October 5 2008
- Re: And now it begins LarryT, October 5 2008
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