Obama Won't Procrastinate His Push for Change

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Obama’s attack on our free market economy began long before the current crisis. The following legal documents, news articles, and videos show his part in causing this crisis over the past fifteen years. Now he uses it as an excuse to do even more damage. To him, our free enterprise system is a giant merciless beast that he and his allies have succeeded in wounding. In a free market, your choices as a consumer, select against society’s losers, which he represents. This is why the Obamabots, having won, are still seething with hatred for their opponents. Having wounded the beast they are now closing in for the kill. The recovery of our free market economy is not their objective. They would rather replace it with something else. So their policies are only making matters measurably worse. They want revenge for the unfairness they perceive in the free market.
These legal documents show Barack Obama suing Citibank under the Community Reinvestment Act (CRA) from 1994 to 1998, where he and other lawyers got $950,000 in legal fees without finding any evidence of wrongdoing:
http://clearinghouse.wustl.edu/chDocs/public/FH-IL-0011-9000.pdf
http://clearinghouse.wustl.edu/chDocs/public/FH-IL-0011-0007.pdf
This was part of a legalized protection racket perpetrated on our nations banks, and part of a widespread systematic shakedown, described in detail in this article published in the year 2000: "The Trillion-Dollar Bank Shakedown That Bodes Ill for Cities":
http://www.city-journal.org/html/10_1_the_trillion_dollar.html
The New York Times reported on this in 2003, and explained what additional regulatory action the Bush administration tried to initiate to protect the banks, in "New Agency Proposed to Oversee Freddie Mac and Fannie Mae", only to be blocked by Democrats in congress:
http://www.nytimes.com/2003/09/11/business/new-agency-proposed-to-oversee-freddie-mac-and-fannie-mae.html?sec=&spon=&pagewanted=1
Obama, ACORN, Bill Clinton, the Clinton Administration, and members of congress explain what happened here in their own words in these videos:
http://www.youtube.com/watch?v=hN31-nKndg8&NR=1
http://www.youtube.com/watch?v=v-TyH6Yupso
http://www.youtube.com/watch?v=Lr1M1T2Y314
This video connects the dots:
http://www.youtube.com/watch?v=1RZVw3no2A4&feature=iv&annotation_id=event_597487
Thomas Sowell summarized it all in his column, "Do Facts Matter?":
http://article.nationalreview.com/?q=NGRjODM1MTJlOGZiZDk2ODI4NTUzMWMxYjgwMjliMGQ
The Washington Post provides additional detail: ("Where Was Sen. Dodd? Playing the Blame Game On Fannie and Freddie"):
http://www.washingtonpost.com/wp-dyn/content/article/2008/09/11/AR2008091102841.html
The Wall Street Journal provides additional detail: ("Blame Fannie Mae and Congress For the Credit Mess "):
http://online.wsj.com/article/SB122212948811465427.html
This pattern of behavior must be stopped to protect the economic future of our country.

Barry of CA 3:36PM August 03, 2009

Obama’s attack on our free market economy began long before the current crisis. The following legal documents, news articles, and videos show his part in causing this crisis over the past fifteen years. Now he uses it as an excuse to do even more damage. To him, our free enterprise system is a giant merciless beast that he and his allies have succeeded in wounding. In a free market, your choices as a consumer, select against society’s losers, which he represents. This is why the Obamabots, having won, are still seething with hatred for their opponents. Having wounded the beast they are now closing in for the kill. The recovery of our free market economy is not their objective. They would rather replace it with something else. So their policies are only making matters measurably worse. They want revenge for the unfairness they perceive in society.
These legal documents show Barack Obama suing Citibank under the Community Reinvestment Act (CRA) from 1994 to 1998, where he and other lawyers got $950,000 in legal fees without finding any evidence of wrongdoing:
http://clearinghouse.wustl.edu/chDocs/public/FH-IL-0011-9000.pdf
http://clearinghouse.wustl.edu/chDocs/public/FH-IL-0011-0007.pdf
This was part of a legalized protection racket perpetrated on our nations banks, and part of a widespread systematic shakedown, described in detail in this article published in the year 2000: "The Trillion-Dollar Bank Shakedown That Bodes Ill for Cities":
http://www.city-journal.org/html/10_1_the_trillion_dollar.html
The New York Times reported on this in 2003, and explained what additional regulatory action the Bush administration tried to initiate to protect the banks, in "New Agency Proposed to Oversee Freddie Mac and Fannie Mae", only to be blocked by Democrats in congress:
http://www.nytimes.com/2003/09/11/business/new-agency-proposed-to-oversee-freddie-mac-and-fannie-mae.html?sec=&spon=&pagewanted=1
Obama, ACORN, Bill Clinton, the Clinton Administration, and members of congress explain what happened here in their own words in these videos:
http://www.youtube.com/watch?v=ivmL-lXNy64&feature=channel_page
http://www.youtube.com/watch?v=8vJcVgJhNaU&NR=1
http://www.youtube.com/watch?v=_MGT_cSi7Rs&feature=related
This video connects the dots:
http://www.youtube.com/watch?v=1RZVw3no2A4&feature=iv&annotation_id=event_597487
Thomas Sowell summarized it all in his column, "Do Facts Matter?":
http://article.nationalreview.com/?q=NGRjODM1MTJlOGZiZDk2ODI4NTUzMWMxYjgwMjliMGQ
The Washington Post provides additional detail: ("Where Was Sen. Dodd? Playing the Blame Game On Fannie and Freddie"):
http://www.washingtonpost.com/wp-dyn/content/article/2008/09/11/AR2008091102841.html
The Wall Street Journal provides additional detail: ("Blame Fannie Mae and Congress For the Credit Mess "):
http://online.wsj.com/article/SB122212948811465427.html
This pattern of behavior must be stopped to protect the economic future of our country.

Barry of CA 2:38PM July 30, 2009

we do not need all of Obama's big government (NON SOLUTIONS) to this countries problems. The people and the private sector could solve those problems BETTER AND QUICKER IF "GOVERMENT WOULD GET OUT OF THE WAY".

Conservatives United 8:53AM July 01, 2009

March 2009 I hand carried a memo to my PCP asking in addition to my normal CBC tests, check me for parcreas and ulcer since I have a gnawing pain in my abdomen, and especially since Supreme Court Justice Gensburg had pancreas cancer. He added Amylse and Lipase (pancreas enzymes) to that test.The tests only cost $57 combined but neither medicare nor my supplemental insurance will pay for these tests during a routine physical.
The numbers were both high. A CAT scan costing $3,700 revealed a mass of 1.5 cm at the opening of the pancreas. A needle biopsy revealed cancer of the pancreas.
My wife and I flew to MDAndserson in Houston Texas and got a second opinion.
We returned to Denver and have completed the 4 chemos. Both Amylase and Lipase, and CA 19-9 are within spec. Radiation is next.
The reson for this email is not to ask Medicare to pay for these tests. What I am asking is for the medical community to advise/inform patients that tests are out there as a preventative measure. To date in three months Medicare has spent more than $30,000, and supplemental isnurance has spent most of the remainder of remaining 20%.

John Epperson of CO 7:45PM June 29, 2009

Soon Medicare will face a moment of truth. The previous positive cash flow has already gone negative. The baby-boomers are about to retire to draw money out of the system instead of paying into it. They will also begin drawing money out of their retirement plans instead of paying into them, reducing the capitalization of our economy. Please read this congressional testimony from a year ago:
“Significant uncertainty surrounds long-term fiscal projections, but under any plausible scenario, the federal budget is on an unsustainable path—that is, federal debt will grow much faster than the economy over the long run. In the absence of significant changes in policy, rising costs for health care and the aging of the U.S. population will cause federal spending to grow rapidly. If federal revenues as a share of gross domestic product (GDP) remain at their current level, that rise in spending will eventually cause future budget deficits to become unsustainable. To prevent deficits from growing to levels that could impose substantial costs on the economy, revenues must rise as a share of GDP, or projected spending must fall—or some combination of the two outcomes must be achieved.
. . .
The Congressional Budget Office (CBO) projects that total federal Medicare and Medicaid outlays will rise from 4 percent of GDP in 2007 to 12 percent in 2050 and 19 percent in 2082—which, as a share of the economy, is roughly equivalent to the total amount that the federal government spends today. The bulk of that projected increase in health care spending reflects higher costs per beneficiary rather than an increase in the number of beneficiaries associated with an aging population.”
http://www.cbo.gov/ftpdocs/93xx/doc9385/06-17-LTBO_Testimony.pdf
This inescapable reality says we will have to pay more for less benefits. But politicians are promising just the opposite, to people who believe that they should get even more benefits, much sooner, without paying anything. Such demands cannot be met.
Seeing how our government is handling a much smaller crisis in the banking industry, failing to correct course before it collapsed the housing industry, and the automobile industry, I worry that no one in our nations capital is prepared to avoid this massive iceberg that will sink our ship. Instead people continue to demand more benefits to be paid by younger generations, as if Chinese lending is a bottomless well. Do you have grandchildren? Look what you are doing to them.
The 'human condition' is what it is, and politicians have no power to improve upon it. They are merely promising to let us continue living beyond our means, at the expense of those younger than us. The question is whether or not you believe that your grandchildren should become slaves to the government for the rest of their lives through ever increasing taxation, to continue providing you with economic benefits from the government, you believe are owed to you.

Barry of CA 7:20PM June 29, 2009

“This week, the president added another initiative to the fast track: revamping the financial-services industry. Excesses in that sector are widely blamed for contributing to the financial meltdown of the past year, and Obama and his aides argue that, again, they have had no choice but to move quickly to mend the system. Among his proposals are authorizing the Federal Reserve to supervise "nonbank" financial institutions, setting up a "Council of Regulators" to coordinate the activities of a dozen separate regulatory agencies, and creating a new Consumer Financial Protection Agency to shield everyday people from abuses. Obama hopes Congress will approve the massive regulatory bill by year's end.”
Unfortunately there is far more to this story that is no longer being reported out of deference to the president. Fortunately, it already has been reported. Obama is deeply complicit in this. These legal documents show Barack Obama suing Citibank under the Community Reinvestment Act (CRA) from 1994 to 1998, where he and other lawyers got $950,000 in legal fees without finding any evidence of wrongdoing:
http://clearinghouse.wustl.edu/chDocs/public/FH-IL-0011-9000.pdf
http://clearinghouse.wustl.edu/chDocs/public/FH-IL-0011-0007.pdf
This was part of a legalized protection racket perpetrated on our nations banks, and part of a widespread systematic shakedown, described in detail in this article published in the year 2000: "The Trillion-Dollar Bank Shakedown That Bodes Ill for Cities":
http://www.city-journal.org/html/10_1_the_trillion_dollar.html
The New York Times reported on this in 2003, and explained what additional regulatory action the Bush administration tried to initiate to protect the banks, in "New Agency Proposed to Oversee Freddie Mac and Fannie Mae", only to be blocked by Democrats in congress:
http://www.nytimes.com/2003/09/11/business/new-agency-proposed-to-oversee-freddie-mac-and-fannie-mae.html?sec=&spon=&pagewanted=1
Obama, ACORN, Bill Clinton, the Clinton Administration, and members of congress explain what happened here in their own words in these videos:
http://www.youtube.com/watch?v=ivmL-lXNy64&feature=channel_page
http://www.youtube.com/watch?v=8vJcVgJhNaU&NR=1
http://www.youtube.com/watch?v=_MGT_cSi7Rs&feature=related
This video connects the dots:
http://www.youtube.com/watch?v=1RZVw3no2A4&feature=iv&annotation_id=event_597487
Thomas Sowell summarized it all in his column, "Do Facts Matter?":
http://article.nationalreview.com/?q=NGRjODM1MTJlOGZiZDk2ODI4NTUzMWMxYjgwMjliMGQ
The Washington Post provides additional detail: ("Where Was Sen. Dodd? Playing the Blame Game On Fannie and Freddie"):
http://www.washingtonpost.com/wp-dyn/content/article/2008/09/11/AR2008091102841.html
The Wall Street Journal provides additional detail: ("Blame Fannie Mae and Congress For the Credit Mess "):
http://online.wsj.com/article/SB122212948811465427.html
This pattern of behavior must be stopped.

Barry of CA 7:15PM June 29, 2009

Yes, Obama needs to do some things and he is extraordinarily capable; more so than any president since Teddy Roosevelt in all likelihood. But no, he can't do it all by himself at once. W. and the Republicans got us into this mess, and they will need to shoulder at least some of the responsibility for getting us out.
The only reason that W. was able to get through 8 years without being impeached is that he ignored everything. No one thought to blame him or hold him accountable, because no one thought he had the foggiest idea what was going on. Most people liked it that way until the bottom fell out of the financial system, which shows the shortcomings of that approach insofar as public policy is concerned. You get the government you deserve.

James Fox of PA 6:09PM June 29, 2009

You told me to stop drooling and worshiping, etc. Leigh. Why do you believe that just because someone might agree with the President that they are worshiping him? He is the President not God, I voted for him, I don't worship him, I even disagree with him on many things (both in substance and in procedure). The very valid points you made in the beginning of your statement were lost when you went off the deep end in the last paragraph.
I do think, I don't worship him and I did vote for President Obama.

Paul of MD 5:07PM June 29, 2009

Giving every US citizen and most illegal aliens health insurance will implode the existing healthcare industry. Increasing the supply of healthcare professionals in this country would have the most immediate effect, except -- there is an inadequate supply of healthcare education. Strangely while there is a severe shortage of nurses, over 26,000 qualified nursing school appliants were turned away in 2006 because there was not enough nursing training slots. Same with radiology technicians -- only 1 out of every 30 qualified applicants is accepted.
Average age of nurses is over 45yo. Approximately 50% of new nurses who begin their jobs leave in the first year because they receive no mentoring nor on-the-job training -- a far cry from the multiple years of handholding that doctors receive.
Rather than being stupid and legislating even more programs for which there is no money to cover the costs, focus on existing programs -- strengthen and standardize processes, require standardization in info tech -- build the infrastructure for controlling costs and determining effective medical procedures, require 'concensus' from doctors who refuse to conform because they don't like technology.
Why expand a web of bad processes and procedures before making a comprehensive effort at reforming what's already there? Obama is a Con Artist -- that's why I didn't vote for him. Drop drooling and worshipping this scam of Prez and start thinking!

Leigh of AL 4:51PM June 29, 2009

Health care for everybody seems important. In my view there are two aspects of this essential need.
First and foremost, those that need care must start taking care of themselves. I see far too much obesity among the Americans. This leads to diabetes and heart disease. I am saying that the lack of personal responsibility and individual pride results in extra cost for the entire country.
Second, we need a universal system of wellness clinics that everybody can go to. I am opposed to free insurance. Insurance always has deductibles that someone must pay. Why do we think that the person without health insurance can suddenly pay a deductible. It seems to me that we should be moving toward a completely free and economical system -- an approach modeled after perhaps Costa Rica.
CATO

Cato of MD 4:29PM June 29, 2009