Wednesday, December 5, 2007


It appears that Fred is not only talking about conservative principles he is now teaching them. As you know, Charlie Rose is a typical PBS liberal blowhard who thinks conservatism is something from outer space. Here is a part of the exchange (or should I say lesson) Fred Thompson gave to Rose as reported by various sources including the Rush Limbaugh show and also the National Review Online:

Rush Limbaugh was chuckling and enjoying the following exchange between Fred Thompson and Charlie Rose — an exchange that suggests that Rose is fuzzy on the difference between "principles" and "issues."
CHARLIE ROSE: You constantly say in this campaign that you are a conservative. What does that mean today? Is George Bush a conservative?
FRED THOMPSON: Well, let`s talk about me. (LAUGHTER) I thought we might get to that. I think that it means things that are consistent with God`s design for man. It`s consistent with human nature. It`s consistent with the lessons of history and the lessons of the ages. They found form in the Constitution, I think, and what our founding fathers believed. They understand that man can do great and wonderful things, but man is prone to error, and sometimes do terrible things. That too much power in too few hands is a dangerous thing, that power is a corrupting thing.
CHARLIE ROSE: In all of that, you did not mention abortion, gay rights — all things that have been part of recent presidential elections.
FRED THOMPSON: Those — well, you`re talking about different things there. Those are issues that are before us, which derive from principles. I don`t consider them to be...
CHARLIE ROSE: Principles.
FRED THOMPSON: ... the first principles. But the principles are what guides you in coming to positions with regard to the issues. You know, the Declaration of Independence said that our basic rights come from God and not from man. The founders talked about, you know, life and liberty and the importance of that. And everything is based on those basic principles. And I take those principles, and you know, for example, I come to a pro-life conclusion there. And when we had issues, you know, for eight years when I was in the United States Senate about whether or not the federal government should be funding, for example, abortion-related activities and things of that nature, you know, the application of those principles in that instance told me the answer was no, properly.

You have got to love Fred. The media hates him but don't count him out. A true conservative will find a way to rise to the top among this convoluted field of republican candidates.

Monday, December 3, 2007

It's not just the left who believes in Socialism!!!!

It appears now that Republicans are getting in on the socialism craze. You have thousands of people who can't qualify for certain traditional mortgages and, for various reasons, were smart enough not to fall for the variable teaser rate mortgages. Well, those people are the dumb ones now. It looks like Paulson and the President will bail these variable rate buyers out. Go figure!!! I guess they are using the same logic with the mortgage problem that they are using with illegal immigration.
Lets compare the 2 arguments made by the Federal government. They say; "we can't allow these risky, unqualified buyers to default on their loans".
What do they say about the illegal immigrants in this country? "We can't just send them back to Mexico now that they are already here".
How pathetic is that??????

Below is a portion of the article as reported by the AP writer Martin Crutsinger.
Treasury Secretary Henry Paulson said Monday he is confident there will soon be an agreement to help thousands of homeowners avoid mortgage defaults by temporarily freezing their interest rates.

Paulson told a national housing conference that this effort involved a "pragmatic response"
(They mean SOCIALIST approach)
to current realities as the economy goes through the worst housing slump in more than two decades. The number of homeowners struggling to meet higher payments because their initial introductory rates are resetting is currently soaring.
Paulson and other top Treasury officials have been holding talks with major players in the mortgage industry over the past several weeks to hammer out an agreement that would freeze the lower introductory rates to keep them from resetting to higher levels for a period of years.
An estimated 2 million sub prime mortgages, loans offered to borrowers with spotty credit histories, are scheduled to reset to much higher levels by the end of 2008. Those resets will push the payment on a typical mortgage up by $350 per month, taking it from $1,200 currently to $1,550.
Paulson said he believed the disagreements can be resolved without delay. Some expect the administration to unveil the completed deal later this week, but Paulson was not as specific in his remarks, saying only, "I am confident they will finalize these standards soon."
Paulson said he believed the mortgage industry would move to implement the new program quickly and would also adopt benchmarks to measure progress going forward.
The new program is being aimed at homeowners who have steady incomes and relatively clean repayment histories who could afford the lower introductory mortgage rates but cannot afford the higher adjusted rate.
(Hey MORONS, they all fit in that category. That's how they got into the home to begin with).
The rate freeze is part of a three-pronged program the administration is pushing that also includes stepping up efforts to contact at-risk homeowners and encouraging creation of new programs that would embrace more affordable loans to homeowners who would like to refinance to mortgages with lower payments.
He also called on Congress to pass a number of pending bills that would address the housing crisis in such ways as expanding the availability of Federal Housing Administration insured loans and boosting government oversight of mortgage giants Fannie Mae and Freddie Mac.
(As soon as the govt begins to control what Freddie Mac and others do, they will never let go. They will go from oversight to complete control).
The administration has come under criticism from Democrats who have complained that the proposals put forward so far have been too modest in light of the crisis facing the housing industry and the threat that the housing slump could trigger a full-blown recession. (The Republicans should ALWAYS be happy when they come under criticism from the Dem's)

That is as close as I come to cussing.