Thursday, December 27, 2012

Study Finds Dems Crashed Economy

A new study by the respected National Bureau of Economic Research has confirmed what the Democrats have been fighting against for the past 4 years.

And that is it WAS, without question, the Community Reinvestment Act and the Clinton amendments to it, was the direct results for the housing bubble and subsequent collapse of our economy, for which I wrote about earlier this year and as far back as April 2010, here.

The study concludes that Democrats, for which the media insisted the Community Reinvestment Act had nothing to do with the subprime mortgage crisis, where lying and that the amended CRA was the match that light the fuse of the recession we are still in.

Investors News has brought forth this story, which is quite in depth in it's content.

NBER: "There is a clear pattern of increased defaults for loans made by these banks in quarters around the (CRA) exam. Moreover, the effects are larger for loans made within CRA tracts," or predominantly low-income and minority areas.
To satisfy CRA examiners, "flexible" lending by large banks rose an average 5% and those loans defaulted about 15% more often, the 43-page study found.

Congress passed a law requiring the government-backed agencies to "assist insured depository institutions to meet their obligations under the (CRA)." The goal was to help banks meet lending quotas by buying their CRA loans.

From 2001-2007, Fannie and Freddie bought roughly half of all CRA home loans, most carrying subprime features.

Lenders not subject to the CRA, such as subprime giant Countrywide Financial, still fell under its spell. Regulated by HUD, Countrywide and other lenders agreed to sign contracts with the government supporting such lending under threat of being brought under CRA rules.

"Countrywide can potentially help you meet your CRA goals by offering both whole loan and mortgage-backed securities that are eligible for CRA credit," the lender advertised to banks.
Housing analysts say the CRA is the central thread running through the subprime scandal — from banks and subprime lenders to Fannie and Freddie to even Wall Street firms that took most of the heat for the crisis

While the 1977 law was passed 30 years before the crisis, it underwent a major overhaul just 10 years earlier. Starting in 1995, banks were measured on their use of innovative and flexible" lending standards, which included reduced down payments and credit requirements.
Banks that didn't meet Clinton's tough new numerical lending targets were denied merger plans, among other penalties. CRA shakedown groups like Acorn held hostage the merger plans of banks like Citibank and Washington Mutual until they pledged more loans to credit-poor minorities (see chart).

It's a real shame that this study didn't come out during the 2012 election. But the "Media" wouldn't have covered it anyways, because we live in a 'No information world' when it comes to those ass clowns!

Wednesday, December 26, 2012

Reality Check:The Very Truth About the Second Amendment

In the hyperbole world of MSM blatant lies we are fed everyday, here is a reality check from the Media that is a breath of fresh air.

The very politically incorrect truth about the Second Amendment: News, Weather

Tuesday, December 25, 2012

Today a King is Born

From my family to yours. May you all have a Blessed Christmas and a Happy and Prosperous New Year!

Thursday, December 20, 2012

Piers Morgan Get Spanked by Larry Pratt

CNN's Piers Morgan interviews Larry Pratt, Executive Director from Gun Owners of America.

And like most liberals who advocate much stricter gun control laws in our nation, when he runs out of logical "high level" points, Morgan stoops to name calling and insults.
In this interview, Piers tries to engaged in the Connecticut shooting/Gun Control debate with Pratt, saying he was "an unbelievably stupid man."
Morgan of course, hates people who are pro-Constitution and pro 2nd amendment, as you would think he would be, being a loyal British subject and all. But regardless, for him to be reaching in to the gutter banter box to make points, it's something he really cannot defend..... 

Now I agree with Morgan, as does Pratt, that the senseless killing has to stop.
But the gun owner did not pull the triggers. A disturbed young man, who was not the gun owner did.
And at this point, we don't know how this young man was able to get his hands on them, from his mother.

Wednesday, December 19, 2012

Keep and Bear- What is Being Said

Jackson Lee said on the House floor.

“I would personally just say to those who are listening, maybe you want to turn in your guns,”

Press Secretary Jay Carney said Tuesday that Obama is "actively supportive" of Sen. Dianne Feinstein's, D-Calif

Sen. Feinstein:

“I’m going to introduce in the Senate and the same bill will be introduced in the House, a bill to ban assault weapons. It will ban the sale, the transfer, the importation and the possession. Not retroactively but prospectively. And it will ban the same for big clips, drums or strips of more than 10 bullets. So there will be a bill. We’ve been working on it now for a year,”

Democratic Representative Carolyn McCarthy:
The deaths at the school have changed the terms of the debate since the assault weapons ban was allowed to expire in 2004.
“This time it is different, and we all know it. People are fed up with the gun lobby.”

"The fact that this problem is complex can no longer be an excuse for doing nothing,"
Well, this problem is NOT complex!

"A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed."

There was no intent by the founding fathers for any wiggle room here. End of Story!

Breaking down this amendment is the argument the Sen. Feinstein, Sen. Durbin, VP President Biden and the rest will try and get around.
The founders intent here was not for propose of hunting, or they would not have injected the word Militia in to the Amendment.

A Militia is an irregular army of ordinary citizens.

Their intent was rooted in the experience with a monarchy and oligarchies.
Their forward vision was twofold:
1. For the citizens to protect themselves, their property and their liberty(free State) from being threatened by the likes of a monarchy, oligarchy and an ever growing expansion of control by government over the governed.
2. To be a line of backing defense against invasion of both foreign and domestic enemies.
Ever wonder why this nation has not been invaded?
Even if a hostile enemy could think of defeating our standing military, it would be suicidal to try and defeat an armed "army of ordinary citizens" of tens of millions.

Some will point to the words "Well regulated":
In the 1700’s there was a common craftsman profession that existed that is no more, that of a "Regulator". This person was employed to adjust the mechanics of contemporary mechanisms, such as timepieces. Often this was the person called upon to light streetlights. The point is that, back then, "regulation" commonly meant keeping something in tip-top shape - finely-tuned, adjusted, running well, lubricated, clean, etc and NOT controlled.

Now if you find what I said, a stretch, Stephen P. Halbrook, Ph.D., J.D. has an excellent piece here showing the relationship of the Swiss, their 'armed citizenship' and how it was a model of our founding father.
Sen. Feinstein wishes are to BAN assault weapons. Assault weapons has never been defined. If you think about it, every gun is an "Assault" weapon and the meaning is opened ended.

First there was a ban on Automatics, now they want to ban semi-automatics.
Seeing the pattern is key.
Creeping Control.

Sunday, December 16, 2012

And the 2nd Amendment is Under Attack Again

As sad as it is, the events in Newtown Connecticut, and the deep sorrow for the lose of life of the children and teachers I feel, I can only say that my profound hopes are that they can recover quickly and my prayers to the survivors and their family go out to them. This American is, and always will be, with them.

Some in our nation, however, right out of the gate, are calling for repeal of the 2nd amendment.
They take a kneejurk reaction to the event, that it was the weapon use, and not the person who got a hold of those weapons, as the reason this took place.

What the left doesn't understand is when our forefathers penned the Constitution, the purpose of the 2nd Amendment was made perfectly clear:

A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed.

The 2nd Amendment is “necessary to the security of a free State”; it is what helps ensure our freedom from a tyrannous government.
Criminals who are dead set on committing murders will find a way to get a gun regardless of laws or amendments. The real threat is the fact that our own government is armed to the teeth. The 2nd Amendment does not only regard one’s personal self-defense, but it speaks to the broader ability of the people to keep a potentially oppressive, out-of-control government and its standing army in check.

The perpetrator of this crime in Connecticut was not following any gun laws when he shot 28 people that day.
America is based on the 2nd Amendment. Our liberty and the ability to stay free of total government tyranny depends on it.

The hypocrisy in the wake of this shooting is reaching a crescendo. Calling for more senseless violence and murder will not bring these shooting victims back to life, neither will enacting stricter gun laws that shooters obviously do not, and WILL NOT follow when they commit these terrible crimes in the first place anyway. 

When you call for more, stiffer regulation on keeping and bearing, then where will it stop?
Controlling knives, in the case of Nichole Simpson. Or duck tape, in the case of Caylee Anthony? Catching my drift? It's the twisted person who should not have access to them.
Not the rest of us who would evoke our 2nd amendment rights on those who will not follow the laws and attack us!!!

I'll leave you with this.

Wednesday, December 12, 2012

Steven Crowder Challenges Union Thug

During yesterdays Union Rally in Michigan (I say this with tongue and cheek) Steven Crowder, comedian and Fox News Contributor, was viciously attack by a union thug, (reportedly Tony Camargo, IBEW Local 876, Battle Creek, MI) where Crowder sustained a bruised cheek and chipped tooth.

Now Crowder has given this guy an ultimatum. 

Either come forward and face the music of the law, OR get your ass handed to you in a legal MMA Ring Match.

I've got the hand it to Crowder. The guy can take a punch, and a few hours later, gather himself and call Camergo out.

Let see if Camergo is tough as he thinks he is, and is man enough to face the music! 

Tuesday, December 11, 2012

Union Thugs Attack in Lansing MI-Update

Anti- Right to Work, Pro-union thugs attack and destroy Americans for Prosperity tent outside the State of Michigan capital this afternoon, when minutes before the Michigan state House of  Representatives pass the states right to work bill. 

This is what I have been warning about for the last 6 months.
Things are going to get very ugly in our country, when the progressive socialist try and ram down the throats of pro capitalist and pro liberty Americans their socialist agenda.

Teachers in two Michigan education districts today also called off sick to join the protest.
And based on the spelling on their sign here, looks like they could use more education themselves.

It's Spelled SNYDER!


Steven Crowder Attacked during the AFP tent distruction by the union jackasses!!!

 Powder Dry!!!

Sunday, December 9, 2012

Has Assad Unleached Chemical Weapons On His People Already

First reported on Israel Matzav , video leaking out of Syria shows that Assad has probably already used the Chemical Weapons on his people.

While the world shakes its fingers at Bashar al-Assad warning him not to use chemical weapons in Damascus, the Syrian rebels posted a video on Saturday that shows that either (a) they have a great makeup department, (b) they know how to steal videos and make them their own, or (c) Assad's troops used chemical weapons outside of Aleppo.

Warning: Graphic Images

Saturday, December 8, 2012

A Look at the Hype of Terrorism in the Eyes of Government

Oathkeepers has republished a detailed listing of what the Feds are doing to combat suspicious activity by anyone, and what could happen to you when you go about yur normal day in your life.

This article as written by Michael Ruppert and originally published at Activist Post.

The sheer number of indicators of potential terrorist activity according to the FBI, Department of Homeland Security (DHS) and other government entities is simply staggering. Now we can add the simple act of photography to the list.
Some of the many include:
Reporting these supposedly suspicious activities has become increasingly easy with smartphone applications like CrimePush and others along with text messaging systems and more.
Ironically, in one case a legitimate report of suspicious activity revealed that the New York Police Department was conducting an illegal surveillance operation outside of their jurisdiction.
When I was tipped off to this latest Roll Call Release by Joe Cadillac, I assumed it was old since as early as 2006 photography was listed as a suspicious activity in a wide variety of contexts.
Furthermore, in 2010 “camera usage at non-tourist sites” and purchasing “camera/surveillance equipment” have been listed as indicators of potential terrorist activity.
Over 25 fliers have been produced by the FBI and Department of Justice alone for specific industries, all of which can be seen here.

 It goes on to warn:

However, this is indeed a new release for police, fire EMS and security personnel dated Nov. 13, 2012. It has the seals of the DHS and FBI emblazoned on the top, and was apparently produced in collaboration with the Interagency Threat Assessment and Coordination Group (ITACG), part of the infamous National Counterterrorism Center (NCTC).
“Terrorists and criminals may use photos or videos of potential targets to gain insight into security operations and details of facility operations, including traffic flow through and around facilities, opening times, and access requirements,” states the document, released by Public Intelligence (one of the most useful alternative news sources).
“Photographs and video useful in planning an attack may include facility security devices (surveillance cameras, security locks, metal detectors, jersey walls and planters); security personnel; facility entrances and exits; and other features such as lighting, access routes, gates, roads, walkways, and bridges,” the document adds.
While some of that photography would indeed be quite suspicious, the individuals who compiled the document apparently were only capable of compiling incidents which in fact had nothing to do with terrorist activity whatsoever.
“Although none were ultimately linked to terrorist activity, they are cited as examples for awareness and training purposes,” the document states.

Now you've got to wonder why they are listing incidents that were not linked to terrorist activity or potentially linked to terrorism.....

By far the most absurd of the indicators of potentially suspicious photography includes, “Individuals encountered with photographs of critical infrastructure, iconic buildings, or other sites not of tourist interest.”
The obvious issue here is, “iconic buildings, or other sites not of tourist interest.” Wouldn’t iconic buildings be, by definition, of tourist interest or at least of interest to someone? If not, why would they be iconic?

SO in other words, stay home and if you do venture out, keep your eyes and head straight forward. Don't want you to become a suspect!........

Monday, December 3, 2012

Once Again NBC spews anti-US Constitution Propaganda

You've all probably heard about this over the last 24 hours or so, but it is worth repeating.
Bob Costa spews his anti-2nd amendment rights plea for gun control during his weekly commentary on “Sunday Night Football.”

Commenting on the weekend murder-suicide by Kansas City Chiefs linebacker Jovan Belcher, Costas relied on a column by writer Jason Whitlock, formerly of the Kansas City Star, to make a gun-control argument.

But what Costa and Whitlock failed to bring forth is that it wasn't the gun that killed Belcher wife, and subsequently Belcher himself.
Someone has to pull the trigger. That someone was Jovan Belcher.
It's the mind that actually makes this fateful decisions. One that is troubled and unbalanced.
Why should one mans actions hinder the rest of us, the millions of gun owner in our nation, to be without our constitutional right to keep and bear?
So this tragedy, the murder/suicide, was carried out by a gun owner who was troubled within his own self.
Should the death of Nicole Simpson be any different? Should we ban all knifes, now?
Or should we ban duck tape, as in the case of the death of little Caylee Anthony?
I don't hear that coming from the likes of Costa.
Whitlock was a football player. So was Belcher. And Costa, a Sports analyst. The game binds them together.
For certain this was a sad, sad tragic event, and Whitlock and Costa loss are understandable. 
But to lay blame on the object, and not the troubled person, is not being realistic of reality.