Who's Leading Now?

Leaders lead. It may not be apparent when the water is calm and the breezes are gentle. Life is good and any pretender can clamor up the hill and proclaim their virtue.

When the sky darkens and the wind bites at our backs though, actors tumble down the hill. They hesitate. They overt-think. They circle the wagons in uncertainty.

A politician can declare that he is a leader. His political party can declare that he’s a leader. And hundreds of thousands of acolytes around the world can swoon devotedly at his feet, and he can rack up all the trappings of leadership. But none of that in fact makes him into a leader if he actually isn’t one.

The Democrats Did It

After days of moaning and blaming, perhaps a few facts should be inserted into the discussion about the current financial melt-down.

Barack Obama blames John McCain and Republicans for the mess. Why? According to Obama, Conservatives have been advocating de-regulation and free market controls and this de-regulation produced the current fiasco. Sounds great to liberals. Must be true.

Obama Flip-Flop

Give Matt Lauer at ‘Thumbs Up’ on this one. He catches Obama in a clear double-standard and Obama ducks for cover.

Lauer was talking about how Obama hit Sen. McCain for flip-flopping on the AIG bailout — saying he opposed it one day then announce he supported it the next day.

But, as Lauer pointed out, scarcely three minutes after McCain said he opposed the AIG bailout last week, “in an interview with Meredith Vieira, Joe Biden, your running mate was asked the exact same question, ‘should the federal government bailout AIG?’ And he said, ‘No, the federal government should not bailout AIG.’” (As we noted at the time.) “And I think that in that situation,” Obama said, “I think Joe should have waited as well.”

Fannie Mae Five – Five Key Players Who Broke The System

What do Chris Dodd,  Barney Frank, Jim Johnson, Franklin Raines and Tim Howard have in common (besides being engineers on the Barack Obama Election Express)? I try not to just scrape the content of other sites but Mcauleys World has a great article with info that is essential for everyone to know.

Five Key Players In Washington who had chances to prevent the Financial Crisis but who, by their actions or inactions helped to bring down Wall Street.

Senator Christopher Dodd

Democrat from Connecticut. Dodd has been in the Senate for 28 years. Dodd has served as Chairman of the Democratic National Committee. Dodd is Chairman of the Senate Banking Committee. As Chairman he had responsibility for acting as a “watch-dog” of Fannie Mae and Freddie Mac. Dodd has responsibilty for assisting in the selection of the CEO’s who run Fannie Mae and Freddie Mac.  Dodd was a leading contender to be Obama’s Vice Presidential selection until his receipt of VIP loans from Countywide Financial were disclosed.

It has been reported that Dodd received $7,000,000 in loans from Countywide. Dodd’s Committee was responsible for overseeing Banks in the United States. Countrywide is one of the leading culprits responsible for the lending policies that brought on this Crisis. Countrywide is under FBI investigation for securities fraud. The Government Watchdog Group, The Center For Responsive Politics, reports that Senator Dodd received more campaign contributions from Fannie Mae and Freddie Mac than any other Senator.

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On Being Retired

A friend sent this to me and I had to pass it on.

Working people frequently ask retired people what we do to make our days interesting.

Well, for example, the other day I went downtown to go to the News Stand for the Wall Street Journal so I could track my investments. I was only in there for about 5 minutes. When I came out, there was a cop writing out a parking ticket. I said to him, ‘Come on, man, don’t you have anything better to do than write a retired person a ticket? Why aren’t you out chasing crooks or
child molesters…that’s out of your league, obviously !!!

In Case You Missed It – Dear Mr. Obama

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Obama Attacks McCain Over … Email

I am a tremendous of fan of highly crafted wit and sacrcasm. Jonah Goldberg’s article analyzing Obama’s recent attacks against McCain for not being able to use email are razor sharp.

Oh one last point for now: Lord knows I think the chicken-hawk arguments are stupid. And I don’t think the fact that Obama never served in the military should count against him in and of itself. But how stupid is it for the Obama campaign to claim that McCain is unqualified to be president because he can’t grasp cyber-security issues based on the fact he has never sent an email when the McCain campaign can just as easily say Obama can’t understand first order national security issues because he’s never fired a rife, flown a plane, commanded men in battle, or faced an enemy? I mean which prepares someone to be commander in chief better, hitting “send” on AOL or fighting a war?