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View Full Version : Extracted from the Patriot Post



Kelly J
09-29-2008, 09:56 AM
http://patriotpost.us/


GOVERNMENT
“Much of that mess [in the financial markets] is due to the very people we are now turning to for solutions—members of Congress. Past Congresses created the hybrid financial institutions known as Fannie Mae and Freddie Mac, private institutions with government backing and political influence. About half of the mortgages in this country are backed by these two institutions. Such institutions—exempt from laws that apply to other financial institutions and backed by the implicit promise of government support with the taxpayers’ money—are an open invitation to risky behavior. When these risks blew up in their faces, Fannie Mae and Freddie Mac were taken over by the government, costing the taxpayers billions of dollars. For years the Wall Street Journal has been warning that Fannie Mae and Freddie Mac were taking reckless chances but liberal Democrats especially have pooh-poohed the dangers. Back in 2002, the Wall Street Journal said: ‘The time for the political system to focus on Fannie and Fred isn’t when we have a housing crisis; by then it will be too late.’ The hybrid public-and-private nature of these financial giants amounts to ‘privatizing profit and socializing risk,’ since taxpayers get stuck with the tab when high-risk finances don’t work out... Both Fannie Mae and Freddie Mac have been generous in their contributions to politicians’ political campaigns, so it is perhaps not surprising that politicians have been generous to them. This is certainly part of ‘the mess in Washington’ that Barack Obama talks about. But don’t expect him to clean it up. Franklin Raines, who made mega-millions for himself while mismanaging Fannie Mae into a financial disaster, is one of Obama’s advisers.” —Thomas Sowell

RE: THE LEFT
“The image of Obama that the press has presented to the public is not a fair approximation of the real man. They consciously have ignored whole years of his life and have shown a lack of curiosity about such gaps, which bespeaks a lack of journalistic instinct. Thus, the public image of Obama is of a ‘man who never was.’... The major media simply have not reported on Obama’s two years at New York’s Columbia University, where, among other things, he lived a mere quarter-mile from former terrorist Bill Ayers. Later, they both ended up as neighbors and associates in Chicago. Obama denies more than a passing relationship with Ayers. Should the media be curious?... Nor have the media paid any serious attention to Obama’s rise in Chicago politics. How did honest Obama rise in the famously sordid Chicago political machine with the full support of Boss Daley?... The public image of Obama as an idealistic, post-race, post-partisan, well-spoken and honest young man with the wisdom and courage befitting a great national leader is a confection spun by a willing conspiracy of Obama, his publicist (David Axelrod) and most of the senior editors, producers and reporters of the national media. Perhaps that is why the National Journal’s respected correspondent Stuart Taylor wrote, ‘The media can no longer be trusted to provide accurate and fair campaign reporting and analysis.’ That conspiracy not only has Photoshopped out all of Obama’s imperfections (and dirtied up his opponent McCain’s image) but also has put most of his questionable history down the memory hole. The public will be voting based on the idealized image of the man who never was. If he wins, however, we will be governed by the sunken, cynical man Obama really is. One can only hope that the senior journalists will be judged as harshly for their professional misconduct as Wall Street’s leaders currently are for their failings.” —Tony Blankley

POLITICAL FUTURES
“The news media have been shamefully stoking the idea that the only way Barack Obama could possibly lose the presidential election is if American racists have their way. Indeed, the fact that Obama isn’t leading in polls by a wide margin ‘doesn’t make sense... unless it’s race,’ says CNN’s Jack Cafferty... Many journalists are so convinced that racism is the only possible explanation for an Obama loss that they are beginning to see any effective anti-Obama ad as an attempt by John McCain to ‘viciously exacerbate’ America’s ‘race-fueled angst,’ in the words of one New York magazine writer...[T]he only racists who matter in this election are the ones in the Democratic Party. News flash: Republicans aren’t voting for the Democratic nominee because they’re Republicans... Obama’s problem is with precisely those voters the Democratic Party claims to fight for, working- and middle-class white folks. Of course, Democrats can’t openly complain that their own vital constituency is racist. If the media were more objective, we’d be hearing a lot more about the racism at the heart of the Democratic Party (imagine if the black nominee this year were a Republican!). But such objectivity would cause too much cognitive dissonance for a press corps that defines ‘racist’ as shorthand for Republican and sees itself as the publicity arm of the Obama campaign.” —Jonah Goldberg

THE LAST WORD
“Meanwhile, the press continues to treat the inexperienced and gaffe-prone Sen. Barack Obama as though he is the next JFK. Among the howlers is the presumption that he is an orator of great gifts as JFK was an orator of great gifts. In truth, the Prophet Obama suffers one of the strangest oratorical disabilities I ever have seen in a presidential candidate: a dependence on the teleprompter. We know of politicians who depend on the teleprompter for fluency. Sen. Obama, however, relies on a teleprompter so that he will not be heard talking down to the electorate. If he is not lecturing with his nose in the air, he is all uhhs and ahhs. Perhaps if he had served as mayor in a small town, he would have gotten over this revealing disorder.” —Emmett Tyrrell

My Personal Comment added, (I'm not the only one that has serious Doubts about this Pretender)