Things I’d Like To Post About Today ….. (100808, Morning)
….. But I Don’t Have Any Time For:
- The Saturday Night Live skit about the bailout bill, which was taken down by NBC shortly after it was posted, is back up again — in revised form. Here’s the caption that got removed. Anyone think Ken Lay would have been able to have a similar caption removed?
- Sean Motley at NewsBusters has the ultimate Chris Matthews “in the tank for Obama” video beatdown.
- So Ohio’s early voting turned out 80% lower than predicted by the Obama campaign. Take out the likely hundreds of flat-out frauds, and it might be closer to 90%. Where’s all that hyped-up enthusiasm?
- A great fog may be lifting in the Gopher State — Newsosaur noted last week that the Minneapolis Star Tribune is openly talking about bankruptcy after missing a second required quarterly interest payment. I might kick in a few bucks for the Strib’s survival if they promise to stop generating their bogus polls. Otherwise, the sooner the paper ceases print operations before Election Day, the better. Then Lileks can run the Internet operation, if and only if he promises to keep blogging.
- Barney Frank says that criticizing the Community Reinvestment Act (CRA), which without doubt threw gasoline on the subprime mortgage fire, is racist. I say the KKK couldn’t have come up with a better idea for keeping thousands of African-American families in long-term destitution than lending them large amounts of money to buy homes they obviously couldn’t afford with punitive rates and terms. But we’re supposed to concede that this result is okay since beloved Fredron and Fanron enabled this result, largely in the name of carrying out the (supposedly) well-intentioned goals of CRA’s supporters. No it’s not. The creator of Barney’s Rubble did more to block action to stop this mess than just about anyone in Congress, and his characterizion of those who point this obvious fact out as racist should be grounds for censure, or worse.
Clowns like Barney Franks and his co-conspirators in the CBC fail to understand how racist it is to assume blacks need assistance to succeed. Nearly every government attempt to make things better for minorities can be shown to have a long term negative impact on their life and self esteem. Welfare destroyed the family structure. Affirmative action made all success suspect. Affirmative action also set some up for failure. For example, someone who would be top five % in their class at Cleveland State instead get an opportunity to attend MIT to fill a demographic need so MIT can claim “see we’re not prejudiced.” Som instead of being top of their class they struggle at MIT where the competition is ridiculously talented.
Sadly, the Dems are already fighting to ensure banks keep making more of the bad loans that got us in this mess.
Comment by largebill — October 8, 2008 @ 11:34 am
They arent losing any $ paying for polls, as it is clear they are just doing those in-house, if you get my drift.
Comment by Ben Keeler — October 8, 2008 @ 1:45 pm
From Big Lizards:
http://biglizards.net/blog/archives/2008/10/freddie_fannie.html
But on Friday we learned that there may be another, more personal reason why Barney Frank has been so adamant all these years against changing any of the corrupt financial practices at these institutions. Ace reporter Bill Sammon reports for Fox News:
Unqualified home buyers were not the only ones who benefitted from Massachusetts Rep. Barney Frank’s efforts to deregulate Fannie Mae throughout the 1990s.
So did Frank’s partner, a Fannie Mae executive at the forefront of the agency’s push to relax lending restrictions. [Note that "partner" doesn't just mean business partner or even partner in crime; it means domestic partner.]
Now that Fannie Mae is at the epicenter of a financial meltdown that threatens the U.S. economy, some are raising new questions about Frank’s relationship with Herb Moses, who was Fannie’s assistant director for product initiatives. Moses worked at the government-sponsored enterprise from 1991 to 1998, while Frank was on the House Banking Committee, which had jurisdiction over Fannie.
Comment by NED — October 8, 2008 @ 1:55 pm
New Sun RIP 9/30/08 http://www.nysun.com/
Comment by dscott — October 9, 2008 @ 3:11 pm