Friday, August 31, 2012

NANCY PELOSI - PARAGON OF DECEPTION?

The following is a quote from page 193 of the book called "Reckless Endangerment".

"Paul Pelosi, Jr., the son of Nancy Pelosi the former speaker of the House, worked as a mortgage broker and sales manager at a Countrywide office in California." The book further states; "When the company was beginning mass layoffs, Pelosi's name was on the list of those to be cut. According to a former executive with knowledge of the situation, Mozilo (the head of the company) personally removed Pelosi's name from the list."

Barney Frank, President Clinton, Nancy Pelosi, Andrew Cuomo, Robert Rubin, Larry Summers, along with many other influential Democrats were all major perpetrators of the financial crisis. 

Isn't it time to check how Nancy Pelosi's son got involved in the mortgage brokerage business and what, if any, connection did Nancy Pelosi have in her son's employment at Countrywide. 

Wednesday, August 29, 2012

THE ANSWER IS NOT SIMPLE...

I received tons of controversy on my abortion comments. Maybe I shouldn't have even gone there.

Even though I still come down on the side of pro choice with "tons of reservations", I leave this subject with one final question for now.

HOW WOULD YOU LIKE TO HAVE BEEN THE ONE ABORTED?  

Monday, August 20, 2012

LIES OF THE OBAMA ADMINISTRATION CONTINUE...

As a general rule, the tax returns of Candidate Romney should be considered as private as anyone else's.

Some people get cancer, they need a top cancer oncologist.  Should they ask the Doctor for his tax returns?  They might be indicative of a fraudulent mentality.  Would that even affect their surgical ability?

There are three main things to consider:

1. It is highly likely that Candidate Romney's returns have been prepared by a certified public accountant and possibly even a major accounting firm.  Is Obama saying that the accounting firm has participated in illegal activities and certified Romney's tax return in spite of the fact that there is an indication by Obama of a tax impropriety?

2. The government runs the IRS.  It is likely that Candidate Romney's tax returns have been audited by the IRS if not once, many times.  If they haven't been it might indicate a possible significant oversight by the government or after years of auditing the Romney returns, they hardly ever found anything that would suggest malfeasance. 

3. To make the Obama attacks on Romney's privacy being invaded without claiming that his returns are in someway fraudulent sounds like nothing more than negative, outrageous and unnecessary politics. 

A person and his church are also a private matter.  Since President Obama attended Reverend Wright's sermons for many years, why not have all of them released to the public?  The moral and social ethics of this President might become much clearer even as he attempts to indite the morals of Romney.

If the Democrats want Romney's returns for more years let them state that they expect to find tax fraud.  Otherwise, let the IRS and the CPA's do their jobs.  Stop attempting to mislead the American public. 

P.S. IF ROMNEY HAS A LOW TAX RATE, I AM SURE HE IS FOLLOWING THE RULES OF TAX CODE.  HE MAY EVEN OWN MUNICIPAL BONDS WHICH ARE TAX FREE TO EVERYONE, ETC. ETC.

ABORTION - CHOICE HAS TO WIN... (ORIGINALLY PUBLISHED DECEMBER 2010)

I thought I understood the abortion issue. Aborting babies, in effect killing them, didn't seem like a good idea. Neither did not giving people choice over there own bodies or bringing babies into the world that the mothers didn't want, seem like a good idea.

I have become more knowledgeable where our medical dollars are spent. It seems we spend by far the largest percentage of our medical dollars on people 70 and older.
Why would we make such an effort to keep people who are not likely to live much longer alive and yet kill people that may have a hundred years to live?

A society that doesn't protect people on both ends of the scale is still a bit primitive. I'm rethinking my position on abortion but I'm pretty sure I'm Pro-Choice.  I would like to hear your thoughts. Stay tuned...

Wednesday, August 15, 2012

Reckless Endangerment - A Great Book

In an exhaustive piece of research Gretchen Morgenson and Joshua Rosner wrote a book about the housing fiasco called "Reckless Endangerment".

This is by far the most insightful book I have read on this subject.  You only have to read the first 75 pages to unfortunately understand that the primary perpetrators of the catastrophe were Fannie Mae, Barney Frank, William Clinton and an extraordinarily corrupt, primarily Democratic group of Senators.

If Candidate Romney could give one copy of this book to everyone, the lies of the current President and Vice President would be exposed.

Freedom is not "I'll give you a dollar and then you owe me your vote and loyalty".  If you care to read our blog titled "CHAINS OF MANY KINDS...HOUSING, HISTORY, GOVERNMENT AND FREEDOM" which we recently reposted, you will know what it's like to not be free. 

Tuesday, August 14, 2012

QUICK BLOG OF THE DAY

In general terms many politicians have found it advantageous to attack American companies. They get away with this because the people that work at these companies haven’t clearly figured out that attacking companies (which are basically are pieces of paper) is really an attack against the employees that work there.

I have not seen a figure published that shows how many dollars have been saved in medical costs because drug companies created products that eliminated many illnesses. Yet it’s easy to attack drug companies; when they don’t vote and the employees have not banded together to unite against such attacks. The real cost in the medical system is not prescription drugs, by a long shot, its labor outside the drug and medical equipment companies.

Hopefully distortions of reality will be overcome by time and patience.

Friday, August 10, 2012

WHAT NEXT- THE POST OFFICE?

ON 7/25/11 WE RAN THE FOLLOWING COMMENTARY ON THE POST OFFICE AS ANOTHER EXAMPLE OF UNION LABORS UNWILLINGNESS TO ADJUST TO COMPETITIVE FORCES. THE PERFECT STORM...WATCH IT UNFOLD.

It may seem like an unimportant event, but the US Post Office, which is a unionized workforce, for all intents and purposes is in bankruptcy. This is another example of the effect of significantly inelastic unions making the Post Office join the long list of failed unionized industries. The general rule is in order for unionized workforces to grow and prosper, wages and benefits must be elastic to competitive forces.
 

Shepard Osherow. All Rights Reserved