politics, banking, email, and whatnot

Politics usually revert to rather tough tactics but we’re getting close to new levels of nasty . . .

Political hacking fun

A punk son of a Democrat politician has been questioned (and will be charged) for hacking Gov. and VP candidate Sarah Palin’s personal email account and posting the info online.  Hackers should be beaten in public.  To show my nonpartisanship, I volunteer to flog the first person who hacks Sen. Obama’s personal email.

Anti-Iran-nukes rally fun

Hillary pulls out of an anti-Iran-nukes rally when she discovered that Gov. Palin was also invited to speak.  Then certain New York Democrats threatened the rally organizers with IRS investigation into tax exempt status if they allowed Palin to speak.  After these strongarm (dare I say fascist-like?) threats, Palin was “disinvited”.

Real estate & banking fun

Banks and brokerage firms heavy into real-estate have taken a huge beating in the last few weeks – some are bankrupt.  Everyone wants to blame everyone else but the bottom line is that the banks made horrible decisions on WHO they extended mortgages to: those who didn’t have the resources to pay them back.  Absolutely idiotic leaning policies.  The core of the current crisis consists of loans that were made with virtually nonexistent underwriting standards – no verification of income or assets; little consideration of the applicant’s ability to make payments; no down payment.

Here’s the big issue: banks are limited by federal regulations on the risk levels and other factors that they are allowed to assume and still receive federal insurance.  Somehow these limitations were relaxed in the past 30 years.  The core of the current crisis consists of loans that were made with virtually nonexistent underwriting standards – no verification of income or assets; little consideration of the applicant’s ability to make payments; no down payment.

Ever heard of the CRA?  Activitist groups like ACORN in the ’70’s and ’80’s making claims of racial discrimination in mortgage lending lead to the relaxing of lending criteria.  The Community Reinvestment Act put pressure on lenders to offer loans to those who couldn’t afford them by ignoring size of the mortgage payment relative to income, credit history, savings history and income verification.  Talk about sacrificing business practice on the altar of political whims – wow.

The Carter-era CRA was expanded by Clinton.  No surprise there since the mortgage recipients targeted by the CRA are overwhelmingly Democrat voters.  Gotta keep the masses happy I guess.  President Bush doesn’t get off without any blame here either . . . he just followed along with current policy assuming “all is well”.  Too bad this one blew up in everyone’s faces.  We’re ALL now paying for these liberal ideals infecting business practice. 

In case you’re in the market:  CRA loans are still advertized online and are still available via ACORN with “100 percent financing . . . no credit scores . . . undocumented income . . . even if you don’t report it on your tax returns.”  Yay for bad business!

If we continue to sacrifice logic on the altar of racial, class-warfare politics, we deserve what we get!

The party for women . . . which one again?

The Democrat Party for decades has touted itself as being for women – strong supporters of the Equal Rights Amendment and all sorts of feminist goals including abortion-on-demand and Title IX “rights”.  The evidence, to those of us who care to really notice, shows us that this Dem support for women is only applied where politically advantageous.

A few days ago, Sen. McCain officially chose Gov. Sarah Palin as his VP running-mate.  Even before the announcement was made, the leftist Dem-mouthpieces (including dailyKOS and democratunderground) were attacking Palin with anything they could find or dream up. 

I have no problem with anyone being against anyone else in the political realm and digging up “dirt” on an opponent can be a very effective strategy.  However, most Americans recognize family and gender issues as either partially or entirely “off limits” in a campaign.  Issues of race used to be taboo but B.Hussein.Obama has run much of his very successful campaign on exactly that issue so I guess that’s now an “okay” issue. 

The disturbing part of the leftists’ fury aimed at Palin is that so much of it is based on gender and motherhood.  How can they be “for” women yet attack their opponents for exactly that?

The day following the Palin VP announcement, dailyKOS ‘reported’ that Gov. Palin’s youngest child Trig was not her’s but was birthed by her oldest daughter, Bristol.  Even writers from The Atlantic jumped on the story and demanded Trig’s medical records.  A blatent lie but effective since the story was still circulating in the leftist blogosphere as of yesterday (even though KOS took down the post).  By-the-way, B.Hussein.Obama used to be a dailyKOS “diarist” (that means blogger to we who live in red states) as recently as 2005.

The New York Times has even suggested that Palin should have stayed at home because she has 5 children.  Other commentators have stated that the currently-pregnant Bristol should have had an abortion rather than carry her baby to term (due in January I believe).

Direct attacks against a female politician accusing her of lying about her own pregnancy and children and implying she is an unfit mother because she has an unwed, pregnant teen daughter . . . typical leftist hate of everyone who isn’t a lefty.  Anti-female sexism at its worst – from the party who claims to be for women. 

The Democrat party is one of expediency – anything to assume the power.  If it’s race vs. gender (Barack vs. Hillary) they choose race because 90%+ of black voters will support them.  If it’s a conservative woman vs. anything or anyone, women’s rights be damned.

Why does anyone continue to support these leftists?  And when are we going to have a true debate of the issues without all the race and gender crap?

Another typical week in leftist politics.  Expect more of the same to come.

 *** Che was a terrorist! ***