Posts Tagged ‘Barack Obama’

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Gloves. Off

October 6, 2008

McCain about to get awesome:

Our current economic crisis is a good case in point. What was his actual record in the years before the great economic crisis of our lifetimes?

This crisis started in our housing market in the form of subprime loans that were pushed on people who could not afford them. Bad mortgages were being backed by Fannie Mae and Freddie Mac, and it was only a matter of time before a contagion of unsustainable debt began to spread. This corruption was encouraged by Democrats in Congress, and abetted by Senator Obama.

Senator Obama has accused me of opposing regulation to avert this crisis. I guess he believes if a lie is big enough and repeated often enough it will be believed. But the truth is I was the one who called at the time for tighter restrictions on Fannie Mae and Freddie Mac that could have helped prevent this crisis from happening in the first place.

Senator Obama was silent on the regulation of Fannie Mae and Freddie Mac, and his Democratic allies in Congress opposed every effort to rein them in. As recently as September of last year he said that subprime loans had been, quote, “a good idea.” Well, Senator Obama, that “good idea” has now plunged this country into the worst financial crisis since the Great Depression.

To hear him talk now, you’d think he’d always opposed the dangerous practices at these institutions. But there is absolutely nothing in his record to suggest he did. He was surely familiar with the people who were creating this problem. The executives of Fannie Mae and Freddie Mac have advised him, and he has taken their money for his campaign. He has received more money from Fannie Mae and Freddie Mac than any other senator in history, with the exception of the chairman of the committee overseeing them.

Did he ever talk to the executives at Fannie and Freddie about these reckless loans? Did he ever discuss with them the stronger oversight I proposed? If Senator Obama is such a champion of financial regulation, why didn’t he support these regulations that could have prevented this crisis in the first place? He won’t tell you, but you deserve an answer.

We’ll know this worked if, by the time 8:00 rolls around, flapping heads are picking this apart for supposed innacuracies.  Stand up and kick some tail!

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Ayers and Obama Shared Stage in 1997

October 6, 2008

From Drudge:

Ayers will be joined by Sen. Barack Obama, Senior Lecturer in the Law School, who is working to combat legislation that would put more juvenile offenders into the adult system; Randolph Stone, Director of the Mandel Legal Aid Clinic; Alex Correa, a reformed juvenile offender who spent seven years in Cook County Temporary Detention Center; Frank Tobin, a former priest and teacher at the Detention Center who helped Correa; and Willy Baldwin, who grew up in public housing and is currently a teacher at the Detention Center.

The juvenile justice system was founded by Chicago reformer Jane Addams, who advocated the establishment of a separate court system for children which would act like a “kind and just parent” for children in crisis.

One hundred years later, the system is “overcrowded, under-funded, over-centralized and racist,” Ayers said.

Michelle Obama, Associate Dean of Student Services and Director of the University Community Service Center, hopes bringing issues like this to campus will open a dialogue between members of the University community and the broader community.

“Students and faculty explore these issues in the classroom, but it is an internal conversation,” Obama said. “We know that issues like juvenile justice impact the city of Chicago, this nation and — directly or indirectly — this campus. This panel gives students a chance to hear about the juvenile justice system not only on a theoretical level, but from the people who have experienced it.”

Just a guy who lives in his neighborhood?

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Great Video Detailing Obama’s Friends

October 6, 2008

From Hotair.

Obama would have to be pretty damn ignorant to not know who they were friends with

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Obama – “Just Words” & His Defense Policy

October 4, 2008