
News Review By David
Thoughts and observations regarding the news and events around the world.
Thursday, February 02, 2012
Very Funny Newt!

Tuesday, January 24, 2012
Orrin Hatch - Follow The Money

Just browsing around today and came across this. It is pretty telling, 78% of Orrin Hatch’s campaign contributions are from out of state.
http://influenceexplorer.com/
politician/orrin-g-hatch/ e5aa63ec4a0746fbb9961b325ddb36 27
He also is the only republican in the top 10 recipients from MPAA.
So, Orrin Hatch receives 78% of his political contributions from people and companies that are outside the State of Utah. That leaves only 22% of his funding coming from his constituents. This begs 2 questions.
1. If he is that much more popular outside Utah than in, maybe he should leave Utah and represent them?
2. If he is receiving over 3/4 of his salary from people and companies outside Utah, where does his loyalties and allegiance lie, that is if he wants to keep his job? At least he says he wants to keep his job.
Regarding the MPAA or Motion Picture Association of America, these statistics are very interesting. Here is the list of the top 10 Congress people who have received contributions over the time the records were kept.
1. Max Baucus (D-NT) - $27,151
2. Dianne Feinstein (D-CA) - $25,466
3. Patrick Leahy (D-VT) - $23,800
4. Howard Berman (D-CA) - $22,300
5. Harry Reid (D-NV) - $22,300
6. Orrin Hatch (R-UT) -$22,140
7. Hillary Clinton (D-NY) - $21,900
8. Barbara Boxer (D-CA) - 20,900
9. Jane Harman (D-CA) - $20,788
10. Gray Davis (D-CA) - $20,500
Now, if your remove those from California, which the MPAA should be giving money to, and consider those outside of California, Orrin is the 4th largest recipient of MPAA funds, ever. That is 4th place out of 485 Representatives and Senators in the entire Congress.
Normally I would consider 4th out of nearly 500 to be a commendable showing, but when it is being influenced to sponsor and support such bills as SOPA and PIPA, this puts Orrin Hatch on my naughty list. I already expounded my apprehension, no, it's not apprehension, it is simply fear of this legislation.
I have called his office and voiced my opinion about him as well as these bills. I was assured by a kind staffer, that he is not supporting PIPA in its present form and asked that it not be debated or voted on yet. Unfortunately, he was one of the original sponsors and didn't change his position until popular opinion overwhelmed his switchboard.
Too bad he didn't think to stop it before it was written, I might have supported him then.
Photo courtesy of Reddogreport.com
Monday, December 12, 2011
The Truth, The Whole Truth and Nothing But a Fabrication

First we had a President who didn't know the definition of "is" or the implications of a double negative. Followed by CEO's that run multi-billion dollar companies whose accounting skills don't go beyond calculating their stock bonuses, (General Motors, Chrysler, Bank of America, Fannie Mae, Freddie Mac, etc.).
Tuesday, December 06, 2011
All That Is Necessary For The Triumph of Evil, Is For Enough Good Men To Do Nothing

I was devastated to see the destruction that fell upon Penn State from the actions of one. Joe Paterno had sing-handedly taken a small college football team from oblivion to the National Championships and became the winningest college football coach in history. In contrast, Jerry Sandusky, formerly the assistant football coach at Penn State, by his persistence in perverted extra-curricular activities with young boys, destroyed that golden image and broke everyone around him.
Post Script, January 24, 2012Joe Paterno died this past weekend. It was a sad day for all of us. It is tragic that his departure was likely hastened by the unfortunate events of the past few months.Good-bye, Joe. We will miss your fine example.
Friday, December 02, 2011
A Link to - The Definitive Post On Why SOPA And Protect IP Are Bad, Bad Ideas

By Mike Masnick
There's been plenty of talk (and a ton of posts here on Techdirt) discussing both SOPA (originally E-PARASITE) and PROTECT IP (aka PIPA), but it seemed like it would be useful to create a single, "definitive" post to highlight why both of these bills are extremely problematic and won't do much (if anything) to deal with the issues they're supposed to deal with, but will have massive unintended consequences. I also think it's important to highlight how PIPA is almost as bad as SOPA. Tragically, because SOPA was so bad, some in the entertainment industry have seen it as an opportunity to present PIPA as a "compromise." It is not. Both bills have tremendous problems, and they start with the fact that neither bill will help deal with the actual issues being raised. . . . (read the rest of the article)
Tuesday, November 29, 2011
A Primer of Progressive Economics Policies

Recent articles have described the efforts world-wide to prevent the collapse of Greece and other EU member countries whose economies are sitting in the toilet. These are countries that have over spent their incomes, borrowed billions, are so far in debt that they can never repay, but, the only solutions seriously being considered are to give them more money. The only hurdle is,"Who is stupid enough to lend them more?"
It is interesting to look back a couple of years to the problems of the big 3 auto makers as the melt-down of the financial markets in the US occurred.
All 3 companies found themselves over-extended, under-productive and about to sink into the quagmire of insolvency. Nancy Pelosi, then Speaker of the House of Representatives, in prophetic ignorance declared that the auto industry was to big and important to be allowed to fail. (The real reason was that she owned too much stock in them.)
When the magical bailout buoy was offered by the White House, General Motors and Chrysler were the only ones who latched on. Ford said they could fix their problems by themselves.
I was very critical at that time of all 3 companies in an article entitled "Five Foxes in the Hen House", but especially at Ford for the outrageous compensation packages of their chief execs while their company tanked.
Now, 3 years later, Ford is reporting sales are up and they are operating back in the black. While GM and Chrysler are admitting that they will be lucky if they cam pay back the American people 30 cents on the dollar.
Back in the1960's, while Pres Lyndon Johnson was fighting his war on poverty by throwing more and more money at the problem, creating Medicaid, food stamps and inter-city projects, I would listen to my dad expound how it was not possible to spend yourself rich. The only bumper sticker he ever placed on his car said, "I fight poverty, I work!"rd is reporting sales are up and they are operating in the black, while GM and Chrysler are admitting that they will be lucky if they can pay back the American people 30 cents on the dollar for their TARP funds.
Back to today, the question still looms, do we throw more money at Greece or let then Pay the Piper? If we loan more money to Greece, where does it stop? With Greece, Italy, Spain, France, Ireland, England? The list goes on and on.
I ran across this poem that personifies the deluded interpretation of economics by Progressive Governments.

SMART
By Shel Silverstein from his book, “Where the Sidewalks Ends”
My dad gave me one dollar bill
'Cause I’m his smartest son,
And I swapped it for two shiny quarters
‘Cause two is more than one!
And then I took the quarters
And traded them to Lou
For tree dimes – I guess he don’t know
That three is more than two!
Just then, along came old blind Bates
And just ‘cause he can’t see
He gave me four nickels for my three dimes,
And four is more than three!
And I took the nickels to Hiram Coombs
Down at the seed-feed store,
And the fool gave me five pennies for them,
And five is more than four!
And then I went and showed my dad,
And he got red in the cheeks
And closed his eyes and shook his head –
Too proud of me to speak!
Tuesday, November 01, 2011
Mad, Bad, Michelle Obama

“For the first time in my adult lifetime, I’m really proud of my country.”
- An acknowledgement of man's limited power and an acceptance of the healing, cleansing power of the Divine.
- A re-establishment of work as a noble endeavor and a character building pursuit.
- Implementation of the natural consequence of the law of the harvest, doing your best should supply your needs.
- Debunk the theory of entitlements and replace it with individual responsibility for our personal situations.
- Gratitude for who we are, what we have, and the compassion to share with those in need.
- The enactment of laws favoring and encouraging the creation and perpetuation of small businesses.
- Honesty and integrity as paramount in our business and personal relationships.
Thursday, October 27, 2011
Occupy Wall Street = Acorn and Other Disgusting Stuff

"NYCC’s connection to ACORN isn’t a tenuous one: It works from the former ACORN offices in Brooklyn, uses old ACORN office stationery, employs much of the old ACORN staff and, according to several sources, engages in some of the old organization’s controversial techniques to raise money, interest and awareness for the protests.Sources said NYCC has hired about 100 former ACORN-affiliated staff members from other cities – paying some of them $100 a day - to attend and support Occupy Wall Street. Dozens of New York homeless people recruited from shelters are also being paid to support the protests, at the rate of $10 an hour. . . "
"Another source, who said she was hired from a homeless shelter, said she was first sent to the protests before being deployed to Central Islip, Long Island, to canvass for a campaign against home foreclosures.“I went to the protests every day for two weeks and made $10 an hour. They made me carry NYCC signs and big orange banners that say NYCC in white letters. About 50 others were hired around my time to go to the protests. We went to protests in and around Zuccotti Park, then to the big Times Square protest,” she said.“But now they have me canvassing on Long Island for money, so I get the money and then the money is being used for Occupy Wall Street—to pay for all of it, for supplies, food, transportation, salaries, for everything ... all that money is going to pay for the protests downtown and that’s just messed up. It’s just wrong.”
Sources said staff members also collected door-to-door for NYCC’s PCB campaign — which aims to test schools for deadly toxins —but then pooled that money together with cash raised for the teachers union and other campaigns to fund Occupy Wall Street.
- Hiring protesters
- Hiring fundraisers and canvassers
- United Federation of Teachers
- PCB Testing in Schools
- Reducing home foreclosures
- And diverting the money to Occupy Wall Street.
Wednesday, October 12, 2011
Warren Buffet, If You Want To Pay More Taxes, What's Stopping You?

"OUR leaders have asked for “shared sacrifice.” But when they did the asking, they spared me. I checked with my mega-rich friends to learn what pain they were expecting. They, too, were left untouched."While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks. Some of us are investment managers who earn billions from our daily labors but are allowed to classify our income as “carried interest,” thereby getting a bargain 15 percent tax rate. Others own stock index futures for 10 minutes and have 60 percent of their gain taxed at 15 percent, as if they’d been long-term investors."These and other blessings are showered upon us by legislators in Washington who feel compelled to protect us, much as if we were spotted owls or some other endangered species. It’s nice to have friends in high places."
Is U.S. Ready For Second Black Leader?
. . . in things racial we have always been and continue to be, in too many ways, essentially a nation of cowards.
A racist is a person who identifies or defines people by their race, whether they discriminate against them or not. We will never be a nation without racial, sexual or economic boundaries until we ignore these boundaries.
Four states, Utah, Arizona, Colorado and New Mexico, all meet at one common point. The sand, air or vegetation around this point is the same for miles in any direction. The only difference between these four States is in our minds, not in the dirt.There is no better way to create unity in our country than for people to work shoulder to shoulder helping someone else. These situations can not be mandated by government. It is necessary for those confident in their own identity to cross artificial lines in the sand so others can follow. Mr Holder can and should step forward as a man, as the Attorney General, as an American, to fight for equal treatment under the law for all. Justice is blind to our differences, but smiles at our similarities. Only as we are blind to our differences will we begin to sense the symbiotic strength in our similarities.
Thursday, October 06, 2011
Putting Homosexuality into Perspective

There has been so much talk, so many accusations regarding homosexuality, that the basic principles and premises have be lost in the cloud of rhetoric.
On one hand, there are the religious fundamentalists, who, citing God as their resource, condemn not only the action, but all of the participants as well. This non-Christian attitude gives rise to bigotry, gay-bashing, acts of hate and violence and ultimately deprives the promoter of compassion, tolerance and charity, that pure love of Christ.
On the other hand, with the homosexual adherents, there flourishes whining cries of persecution, accusations of homophobia and the irrelevant shouts of the depravation of civil rights. More damaging than these is the promotion of sexual promiscuity and the de-valuation of the family.
Putting aside all the charges and counter-charges, there are a few simple principles that should put the issue into perspective.
1. There is, has been and always will be a difference between the act and the perpetrator. We can and should abhor actions that are wrong, destructive and damaging to mankind, but we always need to separate the revulsion for the act from the participant. When we become disgusted with the person, we alienate and ostracize them from society. Without a tie to society, there is seldom enough motivation for a constructive change to take place. In other words, condemning the person is a death sentence for reformation.
2. There is no such thing as a "hate crime." A crime is a crime, regardless of the state of mind of the criminal. What the two men beating Matthew Shepherd were thinking or what motivated them to act did not lessen or increase his pain, trauma and ultimate death. When a "God fearing Christian" makes derogatory remarks, spits or hits a gay person, it is no different than if they did the same thing to a white, Black, Asian or Jewish person. There is no justification or excuse for such behavior.
3. Relationships between people of the same sex are not only easier, but they are good. They provide common elements, attitudes and understandings that can help each of us to better cope and enjoy life. The problem arises in the misconception that sexual activity is a basic human need that can be satisfied with anyone or anything, in virtually any setting.
4. Homosexuality is a choice, not chance. As discussed in #3, we by nature develop friendships and relationships with those of our own sex, but having a sexual relationship with them is a choice that is made, not a fate that is executed. There are those who have a predisposition or tendency to a same sex relationship, just as there are those who are predisposed to become adulterers, alcoholics, drug addicts, child molesters or any other negative behavior.
5. Too many times, those who do transgress the social mores, complain that they are not welcome in the company of those they offend. Of course we are not welcome if we promote concepts or attitudes that are contrary to a group. I raise the question, "Why do you care if the ‘opposition’ doesn’t accept you and why would you want to be accepted by those who oppose you?"
Protecting Cross Burning as an American Tradition

Several years ago, the Virginia State Supreme Court struck down a state law prohibiting cross-burning. As much as I personally feel that cross-burning is divisive, non-productive and a feeble way at best to express ones self, I have to agree with the Court. The right to free speech must always be protected in this country, “no matter how repugnant that speech might be.”
The Court stated, "While reasonable prohibitions upon time, place and manner of speech, and statutes of neutral application, may be enforced, government may not regulate speech based on hostility -- or favoritism -- towards the underlying message expressed."
To abide by the spirit of the Court’s decision, we must evaluate the real issue here, public safety. The reason that people in this country are opposed to cross-burning is that, all too often, someone or something gets hurt. Someone is burned, beaten or a home ends up being torched. So rather than trampling on the civil liberties of American Citizens, here is a very sensible, practical step that municipalities can enact for the public good and safety.
Require cross-burning permits, similar to those presently required by cities and counties across the country for open burning of weeds or trash. These permits would have be purchased 5 days prior to the event and provide the following information:
- Name of the sponsoring organization, including principle officer's addresses and phone numbers
- List the names and ages of all participants
- Location, time and length of the activity
- Provide a signed contractual agreement with the property owner(s) where the event will take place, agreeing to provide the venue, and guaranteeing that the following items are adhered to:
- If the cross exceeds 4 feet in height or the anticipated crowd could exceed 25, the sponsor or the property owner would have to provide a bond to cover any losses or damages incurred.
- Sponsors must provide a signed permit from the local Fire Chief, citing proof that adequate fire safety measures will be enacted, and detailing such measures, to protect property and participants.
- If the anticipated crowd could exceed 10, the sponsors would have to provide toilet facilities for the participants.
- If the anticipated crowd could exceed 25, the sponsor would have to provide proof that adequate security will be provided or the local police will provide security and bill the sponsor for any expenses incurred.
- Fire Chief must also inspect the venue 30 minute prior to the starting of the event to ensure that all the above measures were fulfilled. Violations that are not immediately corrected will require the cancellation of the event.
- If alcohol is served, the sponsor or vendors must provide the appropriate licenses and/or permits for the sale and/or distribution of alcoholic beverages as mandated by the current State and County laws.
The violation of any part of the cross-burning ordinance carries a penalty of up to 30 days in jail, payment of any damages and a fine of up to, but not to exceed the amount of damages, assessed to the sponsoring organization and any or all participants.
Thursday, February 19, 2009
Americans Are Not Racial Cowards
In a speech to the Justice Department employees on February 18, 2009, as part of Black History Month, Attorney General Eric Holder stated:"Though this nation has proudly thought of itself as an ethnic melting pot, in things racial we have always been and continue to be, in too many ways, essentially a nation of cowards."I am afraid to say it, but Mr Holder is wrong. The issue is not that whites don't want to talk about race, it's that blacks won't stop talking about it. If you always look at the world as black or white, you never look at people as people.
A racist is a person who identifies or defines people by their race, whether they discriminate against them or not. We will never be a nation without racial, sexual or economic boundaries until we ignore these boundaries. We will never had any form of equality until we look past our differences and embrace our similarities.
Anyone who continues to classify people by race is racist. This would not only include Mr. Holder, but Jesse Jackson, Al Sharpton and a host of other white supremacists. The same yardstick should be used for any other divisive issues we face in our nation. Gay rights, religions persecutions, economic disparity all fit the mold. Those who continue to complain that they are part of a unique, oppressed group, are perpetuating their problem rather than solving it.
Four states, Utah, Arizona, Colorado and New Mexico, all meet at one common point. The sand, air and vegetation around this point is the same for miles in any direction. The only difference between these four States is in our minds, not in the dirt.
There is no better way to create unity in our country than for people to work shoulder to shoulder helping someone else. These situations can not be mandated by government. It is necessary for those confident in their own identity to cross artificial lines in the sand so others can follow. Mr Holder can and should step forward as a man, as the Attorney General, as an American, to fight for equal treatment under the law for all.
Saturday, January 31, 2009
Taxes and Integrity

After Tom Daschle was thoroughly trounced in the 2004 Senatorial election in South Dakota, he has now been invited back to Washington by Obama to be the Secretary of Health and Human Services. The people of his state were fed up and through with him, but the President thinks that he still has some value.
Now the corker . . . Mister Former Senate Majority Leader has problems doing his taxes. He used a dontated car and driver for 2 years without reporting the "income" to Uncle George, a . . I mean Uncle Sam. So, another of Obama's choices to lead our country has an integrity problem, or a math problem or something.
But the most disturbing problem is the reoccurring theme of members of the Democratic Party. Gary Hart, from the 1970's, appears to be the last Democrat with integrity. Everyone since then, when caught doing something wrong, did one of two things.
- Told the country to shove it, i.e.; Barney Frank who took a male Congressional page to Europe for several weeks or Bill Clinton who had sex with Monica Lewinsky and then lied to a Grand Jury.
- Immediately righted the wrong and went on as though nothing had happened, i.e.; the DNC returning campaign contributions from China or Sandy Berger, former National Security Adviser, returning the top secret papers he stole from the National Archives, well most of them.
The list of candidates using either remedy goes on and on.
Now Congress feels that because Geithner and Daschle have both received solid support from President Obama, they should be confirmed, because these are troubled times. President Bush strongly supported all his nominees as well. But what would have happened if Clarence Thomas, John Roberts or any of either of the Bush's nominees had a real tax infraction, or a real traffic ticket?
The reason we have troubled times is because of Tom Daschle, who as Senate Majority Leader in 1992, mandated the sub-prime lending practices that caused the world wide econimic turmoil we face today.
It is usually proper to expect someone to clean up the mess they made. The problem with this siutation is since they won't acknowledge that they really caused the mess, how will they ever figure out how to correct it?
Sunday, January 18, 2009
Are You Who You Hang Out With?
Watching the movie "Oliver" with my grandchildren the other night, I was intrigued by Ron Moody's performance of Fagin as he sang "I'm Reviewing the Situation." When he uttered the words: "All my dearest companions Have always been villains and thieves . . . ", I was reminded of Obama and his friends that are nothing but sleaze.
I spent my parenting years telling my children the friends they chose would influence who they became. In my occupation, I tried to only work with people who had similar values and standards. Now I see that Barak Obama, soon to be the most powerful and potentially influential person in the world, has been surrounded by "villains and thieves."
Here is the list that I am aware of:
- Rev. Jeremiah Wright, his pastor for over 20 years, says blacks should not sing "God Bless America" but "God damn America."
- Governor Blagojevich of Illinois is indicted on charges of bribery and fraud trying to sell the Senate seat.
- Three other ex-Illinois Governors have been convicted of felonies during Obama's life. The last one, George Ryan, was Governor while Obama was an Illionis lawmaker.
- Gov. Bill Richardson from New Mexico, a nominee for Commerce Secretary, withdrew because of an investigation of corruption. It is interesting to note, David Rubin, the suspect in this bribery probe, also donated $2,300 to Mr. Obama's campaign and $26,200 to the Democratic Party
- Timothy Geithner, nominated for Secretary of the Treasury failed to properly pay his taxes from 2001-2004. A 2006 audit by the IRS revealed the error, but Geithner didn't pay the back taxes until he was nominated for the Cabinet position???
- Hillary Clinton, nominee for Secretary of State, has always been at the center of corruption from Whitewatergate, to Travelgate to the impeachment of her husband Bill.
- Seven of the Top Ten Political Scandals of 2008 were from the Democratic Party. If you remove David Kernell, who was the son of Tennessee Democrat Mike Kernall and Sarah Palin who was exonerated after the investigation, that leaves six out of eight were Democrats.
Sunday, January 11, 2009
Can Obama Fix The Economy?

President Elect Obama has released his latest economic recovery plan, his attempt to fix the economy. On the campaign trail, he promised 1 million new jobs. A few weeks ago he promised 3 million new jobs. This week, his plan would create 4.1 million new jobs. When you make promises, the sky's the limit.
Funny thing about promises, the very same announcement that promised 4.1 million jobs, also promised that he would have to renege on many of his other campaign promises. Where did "pinky promise" or "cross my heart and hope to die" disappear?
The truth is, the new administration doesn't understand or acknowledge how we arrived on our current catastrophic course. Since they don't know how this happened, they have no clue how to fix the economy.
We should expect a continued flurry of pie in the sky promises that change with every economic report.
Monday, November 24, 2008
Five Foxes in the Hen House
We have all heard the phrase about the fox in the hen house. It now appears the not only does Ford Motor Company have five foxes in the hen house, but they had the audacity to fly to Washington DC and stand with their had in their hands asking for a hand-out, I mean bail-out.CEO, Alan Mulally, when asked if he would drop to one million dollars a year in salary to help the situation, replied that "I understand the point of the symbol, I think I am okay where I am." He may understand the point of the symbol, but what he doesn't understand is how his remarks smack of the selfish, narcissistic attitude that had contributed to the economic chaos we now enjoy.
If he was humble enough to receive only a million dollars a year in salary, Ford would be able to keep over 400 employees. If you look at the other four top executives at Ford, the facts become overwhelming.
Top executive salaries of Ford Motor Company:
Alan Mulally, Ford President and CEO - Salary$21,670,674
Don Leclair, Ford Executive Vice President - $11,703,127
Mark Fields, Ford Executive Vice President, The Americas - $8,389,898
Lewis Booth, Executive Vice President, Ford of Europe and Premier Automotive Group - $10,264,463
Mike Bannister, Ford Executive Vice President and CEO, Ford Motor Credit Company- $8,677,747
Total Salaries of top Five Executives - $60,705,909
If the top Five Executives each took only $1,000,000/yr, it would free up $55,705,909 each year! This would keep 700 employees at $80,000 fully employed.
The other US auto makers are in the same boat.
General Motors, top five executives - $38,954,972
Chrysler's executive salaries could not be found but the CEO did receive a $210 million golden boot from Home Depot in 2000.
The auto industry doesn't need a bail-out, it needs a reallocation of funds, (as well as a lesson from Toyota on how to build a reliable car). It is time for the top executives to "spread the wealth around". As a matter of fact, it wouldn't hurt it if that attitude spread throughout the NEC, (Narcissistic Executive Club).
Thursday, October 23, 2008
Not With My Paycheck You Don't
$700 million or even $700 billion will not fix the financial crisis if we don't understand what caused it. The meltdown of our economy was not a natural result of the failure of Capitalism. It did not happen because greed came home to roost. It occurred because the first law of Capitalism was broken and then ignored while the greedy cashed in.
The basic rule of Capitalism, never loan money to someone who can't pay it back.
The Democratically controlled Congress of 1992, forced into law the Socialistic concept that every person, regardless of income, had the right to own a home. Ann Coulter, in her column on September 24, 2008, reported the following:
Before the Democrats' affirmative action lending policies became an embarrassment, the Los Angeles Times reported that, starting in 1992, a majority-Democratic Congress "mandated that Fannie and Freddie increase their purchases of mortgages for low-income and medium-income borrowers. Operating under that requirement, Fannie Mae, in particular, has been aggressive and creative in stimulating minority gains."She goes on to state:
Under Clinton, the entire federal government put massive pressure on banks to grant more mortgages to the poor and minorities. Clinton's secretary of Housing and Urban Development, Andrew Cuomo, investigated Fannie Mae for racial discrimination and proposed that 50 percent of Fannie Mae's and Freddie Mac's portfolio be made up of loans to low- to moderate-income borrowers by the year 2001.
Threatening lawsuits, Clinton's Federal Reserve demanded that banks treat welfare payments and unemployment benefits as valid income sources to qualify for a mortgage. That isn't a joke -- it's a fact.These loans were known as "sub-prime mortgages" because the standards for qualification were below the prime or normal requirements. Adjustable rates, interest only and other anomaly instruments of lending were invented to satisfy the need. The rational used was that because of inflating prices in the housing market, an owner could hold on to the house at the reduced payment rate, sell it before the terms changed and cash in on the appreciation. It was nothing more than a government sponsored pyramid scheme.
When Democrats controlled both the executive and legislative branches, political correctness was given a veto over sound business practices.
What was the basic rule? Never loan money to someone who can't pay it back. If you do, you are just giving the money away. Reality is coming back to bite us in the behind. Over the past 16 years we have given away millions of houses, now they are giving them back.
The Democratic (Socialist) Party created this mess by tinkering with the universal laws of economics. Now Obama is suggesting that he wants to take my paycheck, spread it around and fix the problem. Has he talked with Matt Damon, Barbara Streisand, Whoopi Goldberg, Sean Penn and the Dixie Chicks about spreading their money around? I'm sure he would leave them with about $50,000 each, like the rest of middle America.
I think not.
Fool me once, shame on you, fool me twice and I must be a Democrat.
Sunday, May 04, 2008
Rev. Wright, Say What. . .?

The controversy surrounding Rev. Jeremiah Wright and his inflammatory statements about the United States, Jews and AIDS have subsided to the point that they may no longer cripple Barak Obama in his bid for the Democratic Party Nomination for President. That said, there is still a bad taste left from his remarks in trying to make amends.
In defense of his position and statements, Rev. Wright said that the attacks on him were an attack on the Black Church.
Wright said the black church tradition is not bombastic or controversial. It is simply different — and misunderstood by the dominant culture in the United StatesWas he actually saying that members of black churches can make blasphemous, inflammatory statements and they are not bombastic or controversial? They can implore damnation on America, claim that the CIA developed the AIDS virus to destroy the black race and state that the U.S. Government supports the genocide of Palestinians and black South Africans; and we should just chuckle?
What would happen if Billy Graham said that Jesse Jackson and Al Sharpton were divisive elements that prolonged the self-imposed oppression of black people and prevented them from achieving and realizing their full potential and status as citizens of the United States of America? I'm not sure, but maybe Don Immus' time in the penalty box is a foreshadowing.
I guess that his logic goes something like this: it is okay for a black person to call a distasteful black person a nigger or a white person a honky, cracker or bigot, but it is not okay for a white person to think or say nigger, let alone apply it as a moniker to a black person because . . . sorry, that doesn't work. Let's try it again.
It is okay for a member of the Black Churches to damn America but a white person can not publicly say that they wish for President Bush or Vice-President Cheney to be shot, . . . no, wait a minute, Rosey O'Donnell can say that.
This is all so confusing. How's a middle-class, middle-aged white boy in the dominate culture going to deal with the complicated social interactions of different races? I think I need more time to evaluate this.
. . . Okay, I think the only way I can survive in a multi-cultural environment is to revert back to the things my mother taught me:
1. Only say nice things about others, even when they say nasty things about you
2. Protect the weak and innocent then, let the stupid take responsibly for their own actions
Sunday, June 03, 2007
Box Office Manipulation
I have often heard that "Gone With The Wind" continued for decades to be the all-time most viewed film, but on this list, it has dropped to #76 and is in danger of falling of the list entirely. I was saddened to see the number of films that carry an "R" rating and was afraid that it reflected the sorry state of our viewing appetite.
Then I noticed that the gate receipts could be adjusted to our current dollars. This allows old films like "Gone With The Wind" and "Sound of Music" to compete directly with "Pirates" and "Potter".
What a surprise!! This list not only has only 1 dark film in the top 20, "The Exorcist" in #9, but also contained all my favorites including "The Sound of Music," "Doctor Zhivago," "101 Dalmatians," "Ben Hur" and "The Sting."
My personal all time favorite, "Star Wars," was firmly still entrenched in 2nd place right below the all -time classic, "Gone With The Wind." Of the current "top ten films," the only ones to remain were "Star Wars" in second, " E.T." in fourth, while "Titanic" dropped to ninth.
There can be several lame excuses brought forward to discredit my elation, such as; these films were shown before videos and DVDs so they played in theaters longer or they have been around longer so more people have had an opportunity to see them, so this isn't a fair comparison. Maybe, or maybe not. It's possible that the real money makers throughout history have been those films that had universal themes, poignant plots and were set in a venue that wasn't offensive to good people.
Here are the top twenty on each list for you to compare:
Current Domestic Gross
Domestic Gross, Adjusted For Inflation
| Rank | Title (click to view) | Studio | Adjusted Gross | Unadjusted Gross | Year^ |
| 1 | Gone with the Wind | MGM | $1,329,453,600 | $198,676,459 | 1939^ |
| 2 | Star Wars | Fox | $1,172,026,900 | $460,998,007 | 1977^ |
| 3 | The Sound of Music | Fox | $937,093,200 | $158,671,368 | 1965 |
| 4 | E.T.: The Extra-Terrestrial | Uni. | $933,401,500 | $435,110,554 | 1982^ |
| 5 | The Ten Commandments | Par. | $861,980,000 | $65,500,000 | 1956 |
| 6 | Titanic | Par. | $844,515,900 | $600,788,188 | 1997 |
| 7 | Jaws | Uni. | $842,758,600 | $260,000,000 | 1975 |
| 8 | Doctor Zhivago | MGM | $816,811,300 | $111,721,910 | 1965 |
| 9 | The Exorcist | WB | $727,541,800 | $232,671,011 | 1973^ |
| 10 | Snow White and the Seven Dwarfs | Dis. | $717,220,000 | $184,925,486 | 1937^ |
| 11 | 101 Dalmatians | Dis. | $657,455,500 | $144,880,014 | 1961^ |
| 12 | The Empire Strikes Back | Fox | $646,028,600 | $290,475,067 | 1980^ |
| 13 | Ben-Hur | MGM | $644,840,000 | $74,000,000 | 1959 |
| 14 | Return of the Jedi | Fox | $618,910,900 | $309,306,177 | 1983^ |
| 15 | The Sting | Uni. | $586,560,000 | $156,000,000 | 1973 |
| 16 | Raiders of the Lost Ark | Par. | $579,973,400 | $242,374,454 | 1981^ |
| 17 | Jurassic Park | Uni. | $567,234,400 | $357,067,947 | 1993 |
| 18 | The Graduate | AVCO | $563,059,800 | $104,901,839 | 1967^ |
| 19 | Star Wars: Episode I - The Phantom Menace | Fox | $558,153,800 | $431,088,301 | 1999 |
| 20 | Fantasia | Dis. | $546,426,100 | $76,408,097 | 1941^ |