“I’m from the Government and I’m here to help!”

As Obama and Biden and their Democratic minions continue to demonize and destroy “Joe the Plumber” people need to understand what Senator Obama and Joe Biden mean by saying that they want to “share the wealth” and its inevitable consequences. 

By standing up for the mythological “middle class”, Senator Obama has been able to elevate his rhetoric to appeal to anyone feeling disenfranchised in the current economic situation.  Obama has been able to tell these people that it was not their fault for taking on risky, high priced mortgages that they could not afford and has told disenfranchised voters the mixed message of “it’s the governments fault for lending you money and only the government can help you now”.   And despite the idiocy of that reasoning, his promise of lower taxes for them while he taxes the greedy quarter millionaires has propelled him to a lead in the current polls. 

But what happens when “Joe the Plumber” stops showing up for work?  Let’s face it, we have all known someone who has declined overtime because the amount they would make would put them into a higher tax bracket and as a result the extra hours would be paid at a rate less than their hourly wage.  Under Obama the company “Joe the Plumber” owns will face the same decision-make over $250,000 and be taxed at a higher rate thus lowering earnings.  When “Joe” decides to stop working at $249,000, the income he makes can no longer be “shared” or “redistributed” as Senators Obama and Biden see fit and “Joe” stays a member of the mythological “middle class” making him eligible for an Obama/Biden handout.  If this pattern is repeated by “Jane the Florist”, “Bob the Painter” and “Barb the Contractor”, the Obama/Biden tax base dries up and wealth stops flowing back to the “middle class”.  What will Obama/Biden do now? 

Two options exist for Obama/Biden at this point.  The first is to lower the top rate to $150,000, then to $100,000 and so on.  This means taxes start going up for higher and higher percentages of Americans and the lower wage earners continue to shrink.  Inevitably everyone is equal. 

The other option is for Obama/Biden to force people to work.  This can happen in many ways but the easiest term to call this is a draft.  Obama could institute a draft for military service, civil service or any other area he believes is necessary to bolster the economy.  Everyone starts to pay taxes while working for the government thus creating the pool Obama/Biden need to “redistribute” or “share” the wealth as they see fit. 

So what is the inevitable consequence of an Obama/Biden administration?  More government and less personal responsibility.  Call it socialism if you want but I see it as the destruction of the American work ethic once and for all.  Where is my incentive to work if I have a cap on my earnings?  Why even try to find a job if a steady flow of income is coming to me from the top?  Why make more than minimum wage when my lethargy is being rewarded by people who want to work hard and get ahead?  And why better myself when the government is telling me I’m the victim? 

This election and the current economic situation is a wake up call to all Americans.  Unfortunately too many are hitting the snooze button and HOPING someone else will CHANGE their lot in life.

Published in: on October 17, 2008 at 4:06 pm  Comments (1)  
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Don’t let Obama be the banker in a game of Monopoly!

The Obama/Biden ticket exposed it’s true self today in media interviews and campaign stops across the country today. 

From the first time Biden hit the airwaves today, the star of last night’s debate-Joe the Plumber- was villified.  On Good Morning America, Biden said that he and Obama were not worried about Joe the Plumber but rather the “Joes” that make less than $250,000 a year.  He continued on the Today show by sating that he did not have “any Joe the Plumbers in my neighborhood that make $250,000 a year.”  and also sated that he wasn’t worried about anyone who would not get a tax cut under Obama’s plan. 

Obama continued his running mate’s undermining of the American work ethic (you know the one about working hard to succeed) on the stump today when he called Joe the Plumber out.  While campaigning today in NH, Obama asked the audience how many of them had ever heard of a plumber making $250,000 a year and repeated his often used phrase ” a tax cut for 95% of all workers”.  This was after he blasted McCain for wanting to stand up for a plumber was told by Obama that his success would have to shared with everyone not making as much money as he would if he was a small business owner. 

Of course under the leadership of Obama/Biden, the media and other Democrats across the country took to vilifying Joe the Plumber as well.  Stories about his lack of plumbing skills hit the Internet, the newspapers and the airwaves as fast as they could be reported. (Note: I did not say confirmed.)  He was called out for his inability to pay back taxes (Wait, didn’t Obama/Biden pledge to raise his taxes thus increasing his already sizable burden?) by the media as well.  Bloggers have accused him of being racist, a plant by McCain,  and called into question his ability to even cast a ballot (Diane Sawyer even did that) as well as attacking the use of the “Joe the Plumber” moniker because his real name is Samuel(according to records unearthed by bloggers with no lives), and have even called him a REPUBLICAN!!!!!!!!

What did Joe do to deserve this kind of attention?  He asked Obama a straight and hard question!  The true colors of the Obama/Biden campiagn were unfurled today as they continued to attack a man whose only crime was trying to better himself and his station in life.  That is the true platform of the Obama/Biden campaign-success will cost you.  Hopefully every “Joe the Plumber” will use this as their wake up call and realize that redistribution of wealth of a decidedly un-American thing to do.

Biden’s Kitchen Table Looks Good in Palin’s House

Joe Biden’s America revolves around the kitchen table.  It is a metaphor I can relate to having a large family.  Aunts, Uncles, Cousins, Grandparents, brothers, nephews, nieces and in-laws are all part of my life.  When we get together the discussions are always centered at the kitchen table.  They might be serious or benign but they happen while indulging in a variety of comfort foods and drinks.  It is something I think of as unique despite it’s relative commonness. After tonight’s debate, however, I think Joe needs a new metaphor.

In tonight’s VP debate, Sarah Palin took over the issue of the “kitchen table”.   In a classic move that few will herald,  Palin looked through the camera to Americans everywhere and told them why she should be Vice President.  She became, once again and without editing, the candidate we all can relate to in our homes.  When she talked about not having health insurance or being a member of the proverbial middle class or even when she talked about her own family, Palin was talking about the last decade, slightly more.  Palin was able to connect over that kitchen table with America.  She was able to show through her own experience that as VP she would understand, in  a way Joe Biden never could, what Americans are going through. 

Joe Biden filled our ears with memories of a time in Scranton, a place he needs a GPS to find yet claims kinship with.  He told the yarn about his dad’s lack of work in Scranton.  He touched us all briefly with the story about his wife’s death but that is as close as he got to getting to the kitchen table.  His experience with the proverbial middle class is experience he internalized when he observed his dad losing his job or  encounters with blue collar Americans while on the campaign trail.  Biden, and Obama, filled their kitchen table with promises for America but lack the personal insight to fulfill these promises in a meaningful way. 

I know that I will be seeing my family soon enough and I will once again gather with them at the kitchen table when that time comes.  I don’t know when Biden and Palin will once again have time to sit around their kitchen tables and discuss family matters.  But I do know that when Biden hits the campaign trail again tomorrow, his bus will be a little bit lighter.  Palin’s performance tonight gave her a clear victory and I can’t help but wonder if she put his kitchen table next to the lipstick she stole from Obama.

“Don’t Worry Joe, I’m Here” Says Eiffel

Tonight’s Vice Presidential debate has the potential to continue the bias the media has towards Barack Obama.  With GwennEiffel as the moderator tonight, the media has another shot at taking down Sarah Palin despite her clear monetary stake in this election, I believe Eiffel should be retained as moderator. 

You can’t argue that Eiffel’s book, entitled “The Breakthrough: Politics and Race in the Age of Obama”, is not laudatory manuscript towards Obama.  The title is dripping with bias.  In addition her coverage of Palin has been anything but objective.  During the RNC, Eiffel reported on Palin’s speech from the floor of the convention by saying that it belittled Obama and his work in Chicago.  These two items alone would be grounds enough for a lawyer, judge or jury member to recuse themselves from any trial proceedings, yet Eiffel is still in place.   

As moderator,  look for Eiffel to ask the readiness question of both Biden and Palin.  If it is directed or redirected at Palin look for Eiffel to say something about her relative inexperience in the world compared to Biden’s 36 years of experience in the Senate.  Look for underhanded comments about Russia’s relevance to Alaska and praise for Biden’s trips abroad on the taxpayer’s dime.  And look for questions of family as Eiffel tries to show that Joe Biden put his family first when he was a new Senator while pointing out (slyly) that Palin will not be around much for her kids as VP. 

Keep Eiffel in as moderator, despite her clear bias.  Joe Biden knows he has home court advantage tonight, a situation Palin can clearly take advantage of to come from behind  and win.

It’s a Matching Test

Let me get this straight.  John McCain is a Washington insider who can’t get things done or reform Washington as President because he is controlled by lobbysists and special interest groups.  But Joe Biden, the Congressman from Delaware for 36 years, has a vast knowledge of foreign policy experience that will help lead the country in a new direction around the world. 

Barack Obama is a Washington outsider who represents the change that we need because he has not been influenced by the lobbyists etc… and will lead the reform of Washington as he did in Chicago as a community organizer then in Illinois as a Senator.  But Sarah Palin is too inexperienced to be in Washington and does not have enough experience to effectively reform Washington because she has never worked in the halls of government there.  Her reforms in Alaska were meaningless because she was mayor of a small town and is only a first term Governor who has not been tested. 

Sen John Kerry and many other Democrats have lost me in this reasoning.  Is it the Biden/Obama ticket against the McCain/Palin ticket?  Please, I need a liberal to help me understand this convoluted reasoning.

As the Bell Tolls

The death-knell of the republic had rung as soon as the active power became lodged in the hands of those who sought, not to do justice to all citizens, rich and poor alike, but to stand for one special class and for its interests as opposed to the interests of others.

  • Teddy Roosevelt, 26th President of the United States


“We want to take money and put it back in the pocket of the middle-class people.  It’s time to be patriotic..jump in, time to be part of the deal, time to help get America out of the rut.”

  • Joe Biden (D-Delaware),  2008 VP candidate chosen by Barack Obama



If Saddam rejects peace and we have to use force, our purpose is clear. We want to seriously diminish the threat posed by Iraq’s weapons of mass destruction program.

  • Bill Clinton, 42nd President

  • The community of nations may see more and more of the very kind of threat Iraq poses now: a rogue state with weapons of mass destruction, ready to use them or provide them to terrorists. If we fail to respond today, Saddam and all those who would follow in his footsteps will be emboldened tomorrow.The community of nations may see more and more of the very kind of threat Iraq poses now: a rogue state with weapons of mass destruction, ready to use them or provide them to terrorists. If we fail to respond today, Saddam and all those who would follow in his footsteps will be emboldened tomorrow.

    • Bill Clinton, 42nd President


     Now let me be clear: I suffer no illusions about Saddam Hussein. He is a brutal man. A ruthless man. A man who butchers his own people to secure his own power. The world, and the Iraqi people would be better off without him. But I also know that Saddam poses no imminent and direct threat to the United States, and that in concert with the international community he can be contained until, in the way of all petty dictators, he falls away into the dustbin of history.

    • Barack Obama, Presidential Candidate (D-Illinois)


    It’s simply not true that Saddam was providing weapons of mass destruction to terrorists. This incursion into Iraq has resulted in a situation in which terrorist recruits are up. It’s been acknowledged, now, by the Pentagon, that the insurgents active in Iraq are far higher. Terrorist attacks worldwide are the highest in 20 years. The notion that somehow we’re less vulnerable in the US as a consequence of spending 200 billion dollars and sacrificing thousands of lives is simply not borne out by the facts.

    • Barack Obama, 2004, Illinois Senate

    “I say to our enemies, we are coming. God may show you mercy. We will not.”

    • John McCain Presidential Candidate (R-Arizona)


    Yes, Virginia, There are Specifics!

    Be warned, this is a bit long but it is specific.

    In covering the failing banking industry and the mortgage mess,  the media has been throwing around words like disaster,  crisis, and dire like peanut vendors at a baseball game.  Their irresponsible use of these words has prompted many questions about what McCain and Obama would do as President to correct what is happening on Wall Street and Main Street.  Here are the plans of both candidates.  The information on Barack Obama’s plan is taken directly from his “Blueprint For Change” while information on John McCain’s plan is taken from the expanded issues section of his website. 

    To provide relief for millions of people affected by the mortgage mess and the Wall Street debacle, Sen Obama has proposed a 10% universal mortgage credit that will provide $500 to about $10 million homeowners.  The credit will help those making under $50,000 who do not itemize their taxes. 

    Additionally, Sen Obama will create a new HOME (Homeowner Obligation Made Explicit) score that will allow borrowers to measure their available mortgage options and will help them understand the full cost of the mortgage they enter into with a lender.  This provision would seem to help new borrowers more than those already in a mortgage.  It also keeps the borrower as the primary decision maker and leaves the burden of responsibility firmly with the borrower, which is where irt needs to be.  However, there is nothing to stop the banking and investment industries from manipulating this score just as they manipulated numbers to get people into the sub prime mortgages in the last few years. 

    Finally Senator Obama has proposed, in his “Blueprint for Change”,  a government fund to help “innocent” homeowners.  While “innocent” is not defined by Obama I imagine that it means those homeowners who took out a bigger mortgage than they could afford on an adjustable rate loan.  This fund would be paid for by the money received from increased penalties on lenders who have acted irresponsibly (those lenders currently going under?) or those convicted of fraud.  While this sounds good because it targets the corporate greed Sen Obama and his colleagues hate,  the fund is based on  passage of what Sen Obama calls “his record” on this issue, the Stop Fraud Act. 

    The Stop Fraud Act is a bill sponsored by Obama and Dick Durbin that defines mortgage fraud, increases funding for law enforcement (?), and enacts new penalties for those found guilty of fraud.  It also requires the industry to report suspicios activity, it does not say to who.  The bill has been introduced to committee and referred to another committee, it has not been passed by the Congress, nor is it close to a general debate on the floor.  By the way it was introduced in 2007 so I do have to ask where was his leadership on this issue?  http://www.govtrack.us/congress/bill.xpd?bill=s110-1222

    Now onto Senator McCain. 

    Senator McCain has proposed a “Home Plan”,  unfortunately HOME does not stand for anything cute like in Obama’s plan.  Under this plan, Sen McCain would offer borrowers the chance to trade an existing mortgage that they can not pay for a mortgage that is more manageable under a fixed rate and reflects the market value of the home at the time.  Of course there are restrictions but they favor those being hurt by their current situation.  Those restrictions are as follows:

    • an eligible sub prime loan after 2005
    • prove your credit worthiness at the time of the original loan ( something you have to prove any way if you get a mortgage the right way)
    • are delinquent on payments or facing a reset or show that you can not meet your current obligations and
    • can meet the terms of a new fixed rate, 30 year, FHA backed loan

    Under McCain’s plan there is no H.O.M.E. score or federal fund that has to be passed first.  The plan has elements of a bill introduced by two Democrats (there is that record of bi-partisanship again), Barney Frank and Chris Dodd.  The plan does require banks to forgive part of the loan principle and write a new loan for borrowers but the other option for the bank would be foreclosure, an option that would probably cost them more. 

    Borrowers under McCain’s plan also can apply by picking up a form at the post office or printing a form from the internet (is that a use of technology by McCain?).  From there once the request is sent in, the loan request is approved by the FHA based on qualifications and then sent to the bank where the homeowner has their existing loan who retires and rewrites the loan to loan backed by the FHA. 

    Of course Sen McCain’s plan also addresses the speculators and financial market practitioners who handed out the sub prime loans in the first place.  If a bailout is needed, Sen McCain believes that it should come at a cost to the financial industry, not taxpayers.  A bailout would happen only to prevent failure and in return that institution would face greater transparency and accountability.  This is the case with AIG, an institution that, if it failed and did not receive a partial bailout, would affect people around the globe.  Perhaps the 9/11 commission Sen McCain has proposed recently would provide the transparency necessary to determine why the current situation happened and how it can be prevented in the future. 

    There are the two plans in detail.  Of course I’m partial but as I see it, Sen Obama’s plan relies heavily on government and passage of bills and recommendations in Congress that have already taken over a year to go to committee.  Unlike Sen Obama’s plan, Sen McCain’s plan could be instituted fairly easily and does not rely on new penalties that have not been discussed in committee yet.  In addition penalties already exist under current banking laws (http://blownmortgage.com/2008/02/03/barack-obamas-mortgage-reform-policy/ for some insight) for lenders who engage in deceptive practices. 

    Sen Obama specifically points out that 10 million homeowners will benefit under his tax credit initiative.  That is a far cry from the 200-400 million people Sen McCain is proposing to help immediately.  Make your own choice on this issue but these are the facts and plans as stated by each candidate on their official websites.  Hopefully, I will also be highlighting other issues in the future. 


    Biden’s Gaffe

      In an interview on ABC Thursday morning, Joe Biden asked, as a response to a question,  if Rudy had brought up 9/11, saying that for Rudy that day could be used as a noun, a verb or an adjective.  Of course he did it laughing. 

    Biden should remember that he is associated with a ticket that takes money and support from William Ayers, a terrorist from the 70’s.  Ayers was the one who said that he and his group did not do enough while bombing federal buildings and police stations. 

    Biden’s ignorance and arrogance on display. 

    Typical Obama Response

    It is kind of sad that I could have written the Obama response to John McCain’s acceptance speech as early as last week.  Obama is continuing to link McCain with Bush and all of his responses, including the response to Sarah Palin’s speech, have been the same “voted 90% with Bush” line.   But what about the nagging fact that Sen Obama and Sen Biden have voted with the leaders of their party 96% of the time while John McCain has stuck with his party only 86% of the time.  

    Obama also has criticized McCain and all of the speakers at the RNC for not saying the words middle class.  While Senators Obama and Biden continue to talk about the middle class and run their contest over who can say the words middle class more, Sen McCain is proposing tax credits, lower taxes and  reforms in government spending to help all Americans in the next four years. 

    One other word on the speech and the response by Sen Obama and his supporters.  Last night several disgraceful and ignorant people tried to crash the convention and their acts were given a national spotlight. Free speech is a right everyone has, even the most ignorant among us, but it is not an excuse for the behavior of last night’s protesters or those on the streets in Minneapolis who tried to cause real damage to property and individuals.  I don’t see them as representative of all of Obama’s supporters but I have not heard one supporter or candidate try and distance themselves from them either.

    Published in: on September 5, 2008 at 8:14 am  Leave a Comment  
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    The 60 Billion Dollar Woman

    Obama seems to believe that the question of experience is off the table now that Gov Sarah Palin has been chosen to be McCain’s VP nominee.  By now everyone knows that Palin is a first term Governor from Alaska who was previously Mayor of Wasilla, a town of approximately 10,000 people.  But judging experience is more that just years in office, it also includes the level of involvement you had during that time. 

    Take one specific item as an example of Sarah Palin’s experience in relation to Obama and Biden’s.  The operating budget in Illinois is $49 billion.  As a state Senator, Obama would have had very little input into the content of the budget itself.  Likewise, the operating budget of Delaware is around $3 billion.  Joe Biden’s career took him to Washington 36 years ago, where he does little to negotiate the budget for the USA.  As a matter of fact his party, including Obama, has yet to pass a budget for this fiscal year, which ends on September 30.  The USA is currently operating on a continuing resolution. 

    Alaska, by contrast, has an operating budget of $60 billion, that is $8 billion more than both Illinois and Delaware combined.  While serving the last two years as Governor, Sarah Palin would have overseen the writing and implementation of that $60 billion budget twice.  While Governor, Palin also vetoed over 300 spending bills because of waste and cut $1.6 billion from the budget. 

    Experience still matters in this election.  Sen Obama wants us to believe that his inexperience is an asset to this country and will provide fresh ideas.  He wants us to cast a vote for him even though he has never overseen something as simple as a state budget ( simple as compared to the budget of the United States).  Nor has Sen Obama been able to pass a budget as a US Senator, one of his key responsibilities in that position.  Sarah Palin oversaw a budget of $60 billion and cut wasteful spending in Alaska.  She even turned down money that Republican Sen Ted Stevens helped earmark in Congress for the “Bridge to Nowhere” project.  Experience does matter and while Palin may be new to the nation,  her experience as Alaska’s Governor has proven that she is ready and has the resume of change  that Obama only talks about.