TEA PARTY DIRECTORY

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Obama’s FORCED VOLUNTEERING: Approved!

OBAMA TO FORCE VOLUNTEERING (OXYMORON!) DON’T FALL FOR THE INNOCENT-SOUNDING NAME OF THE BILL ‘THE GIVE ACT.’ IT IS FORCED LABOR ● The bill will set up for a government controlled and mandated civilian service corp. for all Americans as proposed by Obama during the campaign. (see video) ● The Government will have the right to require individuals to give 3 years under the guise of “volunteer” service. ● Young people will be forced to undertake mandatory national service program. ● Senior citizens will have to serve. HR1444 CREATES A COMMISSION ON CIVIL SERVICE: that will “gather and analyze information” to determine: ● “…the ability of individuals…to serve others…” ● “…the barriers that make it difficult for some individuals in the United States to volunteer or perform national service” ● “whether a workable, fair, and reasonable mandatory service requirement for all able young people could be developed… that would strengthen the social fabric of the Nation and overcome civic challenges by bringing together people from diverse economic, ethnic, and educational backgrounds” ● “the effect on the Nation…if all individuals in the United States were expected to perform national service or were required to perform a certain amount of national service“ ● “the means…of national service and volunteer opportunities at a young age by creating, expanding, and promoting service options for primary and secondary school students…” ● “the need for a public service academy, a 4-year institution…” ● “…establishing a training program on college campuses to recruit and educate college students for national service” ● “…how…the Federal government can effectively promote service among the `baby boomer’ generation“ ● “whether there is an appropriate role for Federal, State, and local governments in overcoming the issues that deter volunteerism and national service and…expand the…different levels of government in promoting volunteerism and national service“ ● “whether existing databases are effective in matching community needs to would-be volunteers and service providers.” HR1388 CALLS SENIORS TO SERVE:   2202. PURPOSE…‘SEC. 200. STATEMENT OF PURPOSE.‘It is the purpose of this title to provide– ‘(1) opportunities for senior service to meet unmet local, State, and national needs in the areas of education, public safety, emergency and disaster preparedness, relief, and recovery, health and human needs, and the environment; ‘(2) for the National Senior Service Corps, comprised of the Retired and Senior Volunteer Program, the Foster Grandparent Program, and the Senior Companion Program, and demonstration and other programs to empower people 55 years of age or older to contribute to their communities through service, enhance the lives of those who serve and those whom they serve, and provide communities with valuable services; ‘(3) opportunities for people 55 years of age or older, through the Retired and Senior Volunteer Program, to share their knowledge, experiences, abilities, and skills for the betterment of their communities and themselves; ‘(4) opportunities for low-income people 55 years of age or older, through the Foster Grandparents Program, to have a positive impact on the lives of children in need; ‘(5) opportunities for low-income people 55 years of age or older, through the Senior Companion Program, to provide critical support services and companionship to adults at risk of institutionalization and who are struggling to maintain a dignified independent life; and ‘(6) for research, training, demonstration, and other program activities to increase and improve opportunities for people 55 years of age or older to meet unmet needs, including those related to public safety, public health, and emergency and disaster preparedness, relief, and recovery, in their communities.’.” COSTS OF SENIOR FORCED LABOR PROGRAM: SEC. 2402. AUTHORIZATION OF APPROPRIATIONS FOR NATIONAL SENIOR SERVICE CORPS:…‘SEC. 502. NATIONAL SENIOR SERVICE CORPS. ‘(a) Retired and Senior Volunteer Program…$70,000,000 for fiscal year 2010 ‘(b) Foster Grandparent Program…$115,000,000 for fiscal year 2010 ‘(c) Senior Companion Program…$55,000,000 for fiscal year 2010 IT WILL AFFECT ALL AMERICANS (Canada Free Press) As summarized above, this bill will force labor from children, young people, college students, 55+… ● ““The Give Act” puts tow-headed school children and silver-haired seniors in the official uniform of the new State, and encompasses every walk of life in main-street America.” ● “The same “volunteerism” that kept America running since the days of its founding, wiped out with the stroke of a pen, will no longer be volunteerism. It becomes forced labor…and…presses American citizens of all ages and creeds, unknowingly into military service.” ● “Comprehensive in its power, H.R. 1388 goes straight to the heart of volunteerism in America, impacting everything from the lemonade stands of neighbourhood children, to the residents of senior citizens homes.” TROJAN HORSE Government under the guise of fomenting volunteerism & philanthropy. Obama site sells the evil agenda: Committee on Education & Labor “Man is capable of such wrong doing in the name of a cause, again and again throughout history, a charismatic man promises Utopia at the cost of abhorrent acts as a means to it.” (Canada Free Press) THE REAL AGENDA: ARBEIT MACHT FREI ● Nazis: Above the gates of Hitler’s camps were the words: “Arbeit Macht Frei” (“work will set you free”). Forced labor. Control the citizenry. Expanding government while making more people dependant on government projects & jobs. ● Russia in 2009: NYT: Russian volunteers keep eye on citizens: Russian “volunteers, called druzhiniki, who patrol… in red armbands…to guarantee security in one’s own backyard…to help…combat …crime and public disorder amid the growing unemployment and rising prices of the economic crisis…Russia’s Parliament this spring, would institute the druzhiniki on a federal level and allow them to impose fines for failure to obey their orders… Legislators have even debated the possibility of allowing the volunteers to carry weapons like batons or stun guns….the druzhiniki are often a nostalgic reminder of the citizen patrols of students and grandmothers walking the streets in red armbands at the behest of the Communist Party.“ ● Social Engineering: “…Obama aims to tap into the already active volunteerism of millions of Americans and recruit them to become cogs in a gigantic government machine grinding out his social re-engineering agenda” (American Thinker) ● It’s all about “turning America into one, giant, community organizer’s sandbox at enormous cost to taxpayers” (American Thinker) …$6 BILLION (CBO) ● This derives from the ‘Public Allies New Leadership for New Times’, modeled after Obama’s mentor, the communist Saul Alinsky and his ‘Peoples Organizations.’ LEGISLATION House version: HR1388 The Generations Invigorating Volunteerism and Education Act (aka GIVE Act) Senate version: S277 Serve America Act (aka SERVE Act) Title: The Edward M. Kennedy Serve America Act, an Act to reauthorize and reform the national service laws. Vote: House approved the bill with a 321-105 vote: Roll call vote Senate approved it 79-19: Roll call vote Legislation text: Thomas.loc.gov, Govtrack.us, menu HR1444: Legislation Text (some of the controversial items of HR1388 are being moved to HR1444) (Hat tip: FreeRepublic) REPORTS ● Altruism at the point of a gun ● To GIVE and to SERVE: the $6 billion National Service boondoggle ● GIVE/SERVE Act updates ● Obama’s Civilian National Security Force ● Every American a ‘Volunteer’ ● Obama “volunteer” bill prohibits Religious Instruction ● House passes mandatory national service bill ● The DC Examiner: Expanded Americorps has an authoritarian feel ● Committee for the Defense of the Revolution in Cuba ● House passes Hitler Youth bill OBAMA ACTIVISTS COMING TO YOUR HOUSE ● Obama activists to knock at your door & request pledge to Obama: Remember “Mao’s “Red Guards? How about Fidel Castro’s widespread system of neighborhood informers. Or Hugo Chavez’s use of neighborhood committees?” ● Obama wants you to pledge loyalty to him tomorrow ● Obama site: Obama’s Pledge Project OBAMA TO DESTROY CHARITABLE CONTRIBUTIONS Obama’s budget plan to cut down on wealthy taxpayers’ charitable giving tax deductions ● Obama Tax Proposals: Danger Ahead for Charities and Civil Society: “The new Obama budget for Fiscal Year 2010 proposes that Congress reduce the tax deduction for charitable contributions by high income taxpayers. That worries many charities who depend on contributions from the well heeled and affluent among us. If the tax incentive to make a deduction is taken away, that might lead some to reduce their giving to charities.” ● Lefty truthful about Obama’s real agenda on charitable contributions ● Obama’s Budget Targets Charities – Slashes Charitable Tax Deduction	He promised an Obama’s Civil Force
	Obama Youth: Do you want this for your kids?
	The man behind the mask
	“Work Will Set You Free”
	Emanuel warned us
	Michelle told us: (minute 7:38) “Barack Obama will require you to work. He is going to demand that you shed your cynicism…that you move out of your comfort zones…Barack will never allow you to go back to your lives as usual, uninvolved, uninformed.”
	Obamistas coming to your house to request your pledge to Obama
	Congress selling an Evil Agenda

“Barack will never allow you to go back to your lives as usual, uninvolved…” Michelle Obama (see video)

…to be continued…this story will be updated as more facts come in

AIG & OBAMA: Laundering Our Money?

Updated by FactReal on Oct. 1, 2009

AIG IN FACTS
● THE BIG STORY: $101.3 BILLION LAUNDERED THRU AIG to pay other U.S. and FOREIGN banks (some big Obama donors).
● THE DISTRACTION: $165 MILLION AIG BONUSES allowed by the so-called Stimulus bill
● THE REAL AGENDA: PRECEDENTS & EXPANSION BY GOVERNMENT
The government and the media want Americans to focus on the $165 millions in contractual bonuses AIG gave to their employees.
They fail to mention: The bonus loophole was inserted by Democrat Senator Chris Dodd in the so-called Stimulus bill.
They fail to mention: $101.3 Billion bailout money has been laundered thru AIG to pay special interest firms. We are failing to focus on the big picture: Politicians are creating precedent for government confiscations and expansion – all financed with our taxpayer money.

AIG BONUSES TO POLITICIANS Democrats received 68% of AIG’s contributions for the 2008 elections. #1 AIG RECIPIENT: DEMOCRAT BARACK OBAMA ● Obama & leaders in Congress rammed the “Stimulus” bill thru Congress not allowing enough time to read the bill and opening the chance for problems like AIG’s bonuses. ● Obama’s most generous donors include many of the companies that received bailout money.	click image for source OpenSecrets.org
#2 AIG RECIPIENT: DEMOCRAT SENATOR CHRIS DOOD ● Chairman of the Senate’s Banking committee which oversees AIG and the insurance industry, financial institutions, housing & mass transit programs. ● Dodd’s most generous donors come from the insurance, finance, hedge funds, and real estate industry, including many of the companies that received taxpayer bailout. ● He provided the bonus loophole for AIG.

Sources/Related: OpenSecrets: AIG Donations, OpenSecrets: AIG Payouts to Washington, Examiner: Democrats Bonuses, MichelleMalkin: Bailout money buying politicians, Newsweek: Follow the Bailout Cash, Gateway: Dodd’s wife was director of AIG controlled firm 

AIG MONEY LAUNDERING AIG USED $101.3 BILLION BAILOUT MONEY TO PAY OTHER BANKS (including foreign banks and big Obama donors) $101.3 Billion taxpayer money redistributed to AIG is being used by the U.S. Treasury, the Obama Administration and Congress to bail out the rest of the world: $57.8 Billions to foreign banks and $43.5 Billions to U.S. financial entities

AIG BAILOUT MONEY PAID TO BANKS					DONORS TO OBAMA & DODD
FINANCIAL ENTITY	AMOUNT ($ billion)	TOTAL ($ billion)	COUNTRY	NOTES
Bank of Montreal	1.1	1.1	Canada
Danske	0.2	0.2	Denmark
Société Générale	11.9		France
BNP Paribas	4.9		France
Calyon	2.3		France
		19.1	France
Deutsche Bank	11.8		Germany
Dresdner Kleinwort	2.2		Germany
Deutsche Zentral-Genossenschaftsbank	1.0		Germany
DZ Bank	0.7		Germany
KFW	0.5		Germany
Dresdner Bank AG	0.4		Germany
Landesbank Baden-Wuerttemberg	0.1		Germany
		16.7	Germany
ING	1.5		Netherlands
Rabobank	0.8		Netherlands
		2.3	Netherlands
Banco Santander	0.3	0.3	Spain
UBS	5.0		Switzerland
Credit Suisse	0.4		Switzerland	big donor to Chris Dodd
		5.4	Switzerland
Barclays	8.5		UK
HSBC Bank USA	3.5		UK
Royal Bank of Scotland	0.7		UK	big donor to Chris Dodd
		12.7	UK
PAYMENTS TO FOREIGN ENTITIES		57.8	OVERSEAS
Goldman Sachs	12.9		US	big donor to Obama, Chris Dodd
States and Cities	12.0		US
Merrill Lynch	6.8		US	big donor to Chris Dodd
Bank of America	5.2		US
Citigroup	2.3		US	big donor to Obama, Chris Dodd
Wachovia	1.5		US
Morgan Stanley	1.2		US	big donor to Obama, Chris Dodd
AIG International Inc.	0.6		US
JP Morgan	0.4		US	big donor to Obama, Chris Dodd
Citadel	0.2		US
Paloma Securities	0.2		US
Reconstruction Finance Corp	0.2		US
PAYMENTS TO U.S. ENTITIES		43.5	US

Sources: AIG counterparties payments (PDF), AIG resources, BusinessWeek, MoneyCentral, Forbes: AIG Outs Counterparties, Forbes: AIG other bonuses, NYT: AIG payments to counterparties, NYT: AIG lists banks it paid with U.S. bailout funds

Related: PajamasMedia: Bailout companies invested in Obama, MichelleMalkin: You and I are bailing out the world, GatewayPundit: Obama received bonus from AIG

THE TROJAN HORSE: Bonus Loophole Created by Lawmakers
CNN video: Dodd finally admits he created the bonus loophole	“I’m responsible for bonus loophole” finally admits Democrat Senator Chris Dodd (D-CT) (Transcript & videos)

Sources:
● Bloomberg: Dodd Blames Obama Administration for Bonus Amendment
● CNN: “Sen. Dodd told CNN Wednesday that officials in the Treasury Department asked him to add the bonus loophole to the stimulus bill before it was passed….he was responsible for adding the bonus loophole into the stimulus package that permitted AIG and other companies that received bailout funds to pay bonuses….On Tuesday, Dodd [had]denied to CNN that he had anything to do with the adding of that provision.”
● CNN: Bonuses allowed by stimulus bill

ANOTHER CRISIS CREATED BY POLITICIANS
● “STIMULUS” BILL WAS RUSHED: Obama, Reid & Pelosi rushed the “Stimulus” bill thru Congress, no legislator had time to read the bill
● BONUS LOOPHOLE: Democrat Senator Christopher J. Dodd (D-Connecticut), chairman of the Senate Banking Committee, inserted the loophole in Obama’s “stimulus” package (H.R.1) to exempt bonuses granted by contract before Feb. 11, 2009, from restrictions on bonus payments for TARP recipients:

Dodd Amendment on Bonuses:
“The prohibition required under clause (i) shall not be construed to prohibit any bonus payment required to be paid pursuant to a written employment contract executed on or before February 11, 2009, as such valid employment contracts are determined by the Secretary or the designee of the Secretary.”

Sources: Bonus Loophole in H.R.1 under section 7001 ‘Executive Compensation and Corporate Governance’: Government Printing Office, go to page 404. ReadTheStimulus.
Library of Congress (Thomas), select H.R.1.ENR, then DIVISION B, TITLE VII, SEC. 7001(b)(3)(D)(iii).

● FEDS KNEW FOR MONTHS ABOUT THE COMING BONUSES
WSJ:
○ “The fact that AIG was set to pay bonuses to employees at the financial-products division wasn’t a secret. AIG disclosed the retention payments in May 2008 in a securities filing, and lawmakers routinely criticized them.”
○ “Fed and Treasury officials have coordinated closely on all aspects of the U.S. government’s support for AIG during this extraordinary period,” a New York Fed spokesman said.”
WAPO:
○ “AIG disclosed its retention-payment program more than a year ago, and the amount of the bonuses — more than $400 million for Financial Products alone — had been widely reported. But as the payments were coming due in recent days, the White House began to express its indignation.”
○ “Attorneys working for the Fed had been examining the matter for months and determined that the retention payments couldn’t be touched because AIG would face costly lawsuits and be subject to penalties from states and foreign governments. Administration officials said over the weekend that they agreed with that assessment.”

● POLITICIANS FAKE OUTRAGE OVER BONUSES (that they created)
Freddoso: (Hat tip: MichelleMalkin)
“But why is Obama so outraged and surprised?…he signed the very bill that quite clearly made those bonuses legal — the $787 billion stimulus package he had traveled around the nation promoting. The bill includes restrictions on executive compensation, but creates an exception for bonuses contractually obligated before February 11 of this year. The provision, and the exception, were inserted into the bill by the chairman of the Senate Banking Committee, Chris Dodd (D, Conn.), who has received more than $100,000 from AIG employees in the last 20 years, had written and inserted the relevant provision, with the relevant loophole. How can he, the president, or anyone else who voted for the stimulus, suddenly act surprised? Don’t tell us they didn’t read the bill.”

RELEASING THE ANGRY MOB ● AIG derangement syndrome: “Every politician in Washington wants to show they care by bashing AIG. Which almost all of them agreed to bail out.” ● Democrats to AIG: Give back the bonus money or we will release your public information ● All of the people should be executed with piano wire around their neck
NO MORE PRIVACY
	I can’t promise confidentiality even though you’re getting death threats said Democrat Barney Frank to AIG Barney Frank wont promise confidentiality to AIG despite death threats

MOB RELEASED TO HOMES OF AIG EMPLOYEES COULD YOUR HOME BE NEXT?
			Yahoo News: “FAIRFIELD, Conn. – A busload of activists representing working- and middle-class families paid visits Saturday to the lavish homes of American International Group executives to protest the tens of millions of dollars in bonuses……One of the protestors “marveled at AIG executive James Haas’ colonial house, which has stunning views of a golf course and the Long Island Sound…”Lord, I wonder what it’s like to live in a house that size,” she said…News of the bonuses last week ignited a firestorm of controversy and even death threats against AIG employees.”Do they know it was Congress & the Administration that created the bonus loophole? Would they go to protest to Congress & the White House?
	AIG Witch Hunt: Envious protesters in front of AIG employees... will you be next?

FEEDING POPULIST ANGER
LawHawk: “What is truly galling is that the Democrats in Congress, along with the President, are trying to stoke populist anger against AIG and other corporations, all while skirting the truth that it was Congress itself that was responsible for this mess – the bailouts along with the allowances for executive compensation. If there is anger, it should be directed at the President and Congress, both of which knew that this executive compensation was to be paid.”

THE REAL AGENDA: CREATE PRECEDENTS CONFISCATORY TAXES
video: click image	“We’ll put in place a new law that will allow us to tax these bonuses at a very high rate” threatens Democrat Senator Charles Schumer (D-NY)Schumer fails to mention that they, the lawmakers and the Obama Administration, created the loophole for the AIG contractual bonuses!!! Why politicians think they can change a private contract? Why they feel they are at liberty to impose tax rates as high as 90% or 100%? Why they feel they can target specific individuals with punitive taxes? Imagine he was saying this to you. Why do we allow this?
90% TAX LAW Democrat Charlie Rangel sponsored HR1586 to tax 90% of bonuses: ● Houses passes bill with vote 328 – 93 ● Roll call ● Legislation Text

USEFUL IDIOTS ALWAYS HELP THE COMMUNISTS
Some Republicans abandoned their free-market principles and voted in favor of this government abuse. Can’t they see the big picture?
● Roll Call Vote: 85 House Republicans who supported Rangels 90% bonus tax

UPDATE: THE CASE AGAINST CHRIS DODD

RELATED
- WASHINGTON TIMES: AIG extorted employees to donate to Dodd!
- Culture of Corruption: Dodd/Conrad cleared in Countrywide probe
- Election 2010: Connecticut’s Dodd Trails Potential GOP Foe by 10 (Rasmussen, 9/11/09)
- Conservatives need more guerilla media and invest in adding value:
“That means research, muckraking, fact-checking, policy wonkery, information organization and information activism.”

…..to be continued….this story will be updated as more facts come in

MYTH BUSTED! Conservatives criticized Bush

CONSERVATIVES OPPOSED BUSH WHEN HE WAS WRONG

Contrary to popular myth promulgated by liberals and repeated by the uninformed, conservatives did criticize Bush when his plans were not in America’s best interest. Conservatives are not afraid of criticizing those who are wrong, even people within the same party. Wrong is wrong no matter who does it.

Sampling of conservatives criticizing President Bush’s plans:
● Michelle Malkin against bailouts :
“John McCain screwed this up. The out-of-touch Republican leadership in Washington screwed it up. And let’s be honest: Too many of the same tired old faces now trying to reclaim seats of power — like Newt Gingrich — crumbled on the massive banking bailout and capitulated to Reid/Pelosi/Paulson/Bush when steel spines were needed most.”
● George Bailout Bush drives the final nail in his coffin
● Rush Limbaugh, Mark Levin, Hannity against Bush’s bailout. But Mr. liberal-independent-conservative (Bill O’Reilly) attacks them.
● Ann Coulter against Bush’s bailout plan
● House GOP rallies against Bush bailout deal
● HERITAGE Foundation against the Bush-Obama Borrow-Bailout Parade
● Rush Limbaugh against Bush’s immigration plan
● Conservatives against Bush’s immigration plan
● Rush Limbaugh against Bush’s border plan
● Ann Coulter against Bush’s open borders policy for immigration
● Michelle Malkin against Bush’s immigration policy
● Michelle Malkin against Bush’s environmentalism
● Michelle Malkin on housing crisis
● Michelle Malkin against Bush’s excessive spending
● Ann Coulter against Bush’s compassionate conservatism
● Ann Coulter against Bush’s homage to the fetishistic rituals of liberalism
● Ann Coulter on Bush’s judicial nominee
● Conservatives disagree with Bush
● CATO Institute on Bush failures
…etc., etc….

Of course, if you get your news from comedian John Steward or from radical MediaMatters…..you will not be aware of these facts. Hollywood , radicals and the mainstream media (MSM) love to keep you in the dark. They don’t care if you look stupid.

RAP SHEET: Democrat Maxine Waters

DEMOCRAT GOT $12M BAILOUT FOR HUSBAND’S BANK
Democrat Congresswoman Maxine Waters (D-CA) had close ties to OneUnited Bank.

THE RELATIONS & TACTICS
● Ms. Waters and her husband have both held financial stakes in the bank.
● Until recently, her husband was a director.
● At the same time, Ms. Waters has publicly boosted OneUnited’s executives and criticized its government regulators during congressional hearings.
● Last fall, she helped secure the bank a meeting with Treasury officials
● Ms. Waters acknowledged she made a call to the Treasury on OneUnited’s behalf

THE BRIBERY
● OneUnited’s executives have donated $12,500 to Ms. Waters’s election campaigns…
● Ms. Waters acquired OneUnited stock worth between $250,000 and $500,000…
● Ms. Waters reported that her husband held between $250,000 & $500,000 worth of the bank’s stock.
● Mr. Williams also received interest payments from a separate holding at the bank, also worth between $250,000 and $500,000…
● OneUnited eventually secured bailout funds under the government’s $700 billion Troubled Asset Relief Program (TARP)…
● The bank received $12 million of TARP money, which arrived in December.

 
FAMOUS QUOTE
Maxine Waters To CEOs: “This liberal will be all about SOCIALIZING, umm – will be about, basically taking over.” Maxine Waters, May 2008 (see video below)

 
SHE WANTS TO SOCIALIZE AMERICAN BUSINESS. SHE DETESTS CEOS.

LIBERALS WANT TO SOCIALIZE CORPORATIONS (socialize = government takeover = socialism )		SHE DRILLS CEOS FOR BAILOUT MONEY She should be the one being drilled

BULLY:
Michelle Malkin describes the congresswoman’s browbeating style: “The bank CEOs sat meekly during Waters’ verbal flogging…she frothed at the mouth…Waters’ motor mouth kept on running… she thundered… Thumping her fists on the table, she then railed about their loan modification policies… Blustering about underwriting fees…she yelled: “You made money off the TARP money!…”Raise your hand! Raise your hand!” [Maxine Waters] shrieked as she harangued the executives on their business practices and management of federal bailout money. Sneering at the “captains of the universe” whom she refused to address by name (”You, Bank of America!”), Rep. Waters excoriated the corporate heads for their greed.”

CORRUPT HYPOCRITE:
Michelle Malkin also reports: “how aggressive Waters was in taking a lead role pushing congressional black caucus members to swallow the crap sandwich  [a.k.a. Stimulus Bill]. No disclosure of her own self interest in the matter…And here’s another reminder of minority racketeers pushing for their bailout cut with Waters’ assistance…“All of my political life,” Waters bragged, “I have been in disagreement with the banking and mostly financial services community because of practices that I have believed to be not in the best interest always of the very people that they claim to serve”… While she crusades against crony pseudo-capitalism, she is one of its most hypocritical beneficiaries and advocates. Cronyism comes in all colors. Waters has once again earned her title as one of the “Most Corrupt” members of Congress from the left-leaning (yes, left-leaning) Citizens for Responsibility and Ethics in Washington (CREW).”  Maxine Waters is one more example of ”Democrat shakedown artists sanctimoniously lecturing others about the culture of corruption.”



HER BUSINESS OF RACE & HATE
Race hustler Maxine Waters
Culture of corruption banking hypocrite Maxine Waters 



SHE PROTECTED FANNIE MAE & FREDDIE MAC
She blocked regulators and defended the scammers of Fannie & Freddie.  She said: “We do not have a crisis at Freddie Mac.”   See the videos here: How Democrats created the Economic Crisis



RELATED:
America Times: Democrat owes you $12 Million
Michelle Malkin: Culture of Corruption Alert – the bank of Maxine Waters
Michelle Malkin: Race hustler Maxine Waters
WSJ: Waters helped bank whose stock she once owned
HotAir: Maxine Waters threatens to nationalize America’s Oil Industry
Stop The ACLU: Maxine waters to socialize the oil companies
Judicial Watch: Maxine Waters records

BIG-EARMARK-OBAMA: IT’S RAINING THIEVES

OBAMA HATES LOVES HIS PORK

OBAMA-THE-CANDIDATE:    promised Earmark Reform…  that he would go line by line  to make sure we are spending wisely	OBAMA-THE-KING: signed today the Omnibus bill with 9,000 Earmarks while promising he will not do that again (!!)

Mr. Obama, what is a ‘worthy’ earmark? Bribing special interest groups with taxpayer money?



CYNICISM
Today, Obama preached about the ugly Earmarks and promised that from today onwards (after the earmark-orgy) there will be no earmarks, but then he went behind closed doors and signed the $450 Billion Omnibus Bill that contains almost 9,000 Earmarks. After today’s earmark-orgy, he’ll behave. Imagine a thief promising he’ll never steal again….but before that, he will go into a stealing-rampage. Thieves do not have that cynicism or the license to steal, but government does.



BRIBERY
While Americans’ retirement savings and house values vanish, Obama signed another BRIBERY BILL (AKA Omnibus Appropriations Act, 2009). He will take money from your pocket to finance these politicians’ interest projects. How many jobs will be created or how will these help to stop the recession:

$6.6 MILLION	for TERMITE RESEARCH
$5.8 MILLION	for TED KENNEDY INSTITUTE FOR THE SENATE
$5.0 MILLION	for SUGARBEET/AVIAN DISEASE
$3.8 MILLION	for TIGER STADIUM
$2.7 MILLION	for WOOD EDUCATION (??)
$2.2 MILLION	for GRAPE GENETICS
$2.0 MILLION	for ASTRONOMY PROMOTION
$1.8 MILLION	for PIG & MANURE ODOR
$1.7 MILLION	for HONEY BEE
$1.2 MILLION	for CITRUS CANKER (which doesn’t affect the fruits)
$1.0 MILLION	for CRICKETS
$819,000	for CATFISH GENETICS
$800,000	for OYSTER REHABILITATION
$473,000	for LEFTIST NATIONAL COUNTIL OF LA RAZA (THE RACE)
$469,000	for FRUIT FLY
$380,600	for CARBON NEUTRAL GREEN CAMPUS
$300,000	for GO GIRL GO! (???)
$250,000	for LOBSTERS
$225,000	for EVERYBODY WINS! (???)
$209,000	for BLUEBERRY IMPROVEMENTS
$200,000	for TATTOO REMOVAL
$100,000	for READY WILLING & ABLE (??)

…more: Earmark List-3/10/2009



…AND THE WINNERS ARE: GOVERNMENT, THE ARTS & TRANSIT (Heritage)
During this recession, Americans are not spending in entertainment or redecorating their houses as they did during the good times (the first 7 years under George W. Bush.) Americans are saving and spending their money wisely, why can’t government do that as well? This is not the time for government to waste taxpayer money in theaters, museums, sports, tattoo removal, fish genetics…and other special interest projects.

“The bill represents a bonanza for federal agencies that felt a budget squeeze for much of Bush’s two terms. Mass transit, public housing…all among the Democratic priorities that would see new federal money flow into their coffers.” (WAPO)

Despite the recession, this bill will give even more than last year to those interest groups.



BETRAYED BY BOTH PARTIES
The bill includes thousands of controversial earmarks inserted by members of both parties:
Vote update: H.R. 1105 (Omnibus Appropriations Act, 2009):
*PASSED ON 3/10/2009 with 62 yeas & 35 nays & 2 not voting:

*8 Republicans joined 54 Democrats in the Senate to pass this theft:
Lamar Alexander, Kit Bond, Thad Cochran, Lisa Murkowski, Richard Shelby, Olympia Snowe, Arlen Specter, Roger Wicker

*3 Democrats who voted against:
Evan Bayh, Russ Feingold, Claire McCaskill



PSST…ENOUGH WITH THESE STUPID WORDS
“INFRASTRUCTURE”…politicians make it sound like we were living on dirt roads or in the middle of the jungle. Stop with the ‘infrastructure’ excuse to waste our taxpayer money…it’s all bait so we accept their abusive spending. Well, we don’t want more spending and we don’t want government to force us to leave our cars (freedom) and depend on public mass transportation (government control).

“FORWARD”….Obama practically says this word in each of his haughty, pompous sermons: “….to move FORWARD.” With Obama, we are moving forward by running backwards…..so stopped with that silly word. By the time Obama finishes we will be living in misery like in Cuba.

“I INHERITED IT FROM THE PREVIOUS ADMINISTRATION”
Stop whining, Mr. Obama! The zombies elected you because they believed your empty rhetoric of change…but all you are doing is duplicating or triplicating what George W. Bush did in 2008. So, after all, maybe you liked the guy. If you cannot handle it, Mr. Obama, we gladly will accept your resignation.

Also, is that bi-partisanship: to blame others? Is that the new tone: to harangue the opposition?



BROKEN PROMISES 2-IN-1
* Why did Obama sign the Omnibus bill behind closed doors? What happened to transparency?Another broken promise.
* During the campaign, mighty Obama promised he was going to fight earmarks. Today, he bathes in earmarks. Another broken promise.



SOURCES: Economic Crisis, Taxpayers for Common Sense, MichelleMalkin, WashingtonPost, ABC News (video), DC Examiner (video), FOX News (video), HotAir, HotAir, LA Times, Heritage

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HOW DEMOCRATS CREATED THE ECONOMIC CRISIS

HOW DEMOCRATS CREATED THE MORTGAGE CRISIS
VIDEOS: AN EASY WAY TO UNDERSTAND HOW THE ECONOMIC CRISIS STARTED

Obama & Democrats Crisis Connection

1. Timeline & warnings	2. Dems: There is no crisis	3. Dems forced the banks
4. How Dems did it	5. Dems blocked regulators	6. Dem: Benefit from a crisis

SUMMARY: HOW FINANCIAL CRISIS WAS CREATED
1. GOVERNMENT INTO PRIVATE SECTOR: Two quasi-government mortgage firms (Fannie Mae & Freddie Mac) went unpunished for their scams.
2. DEMOCRATS WERE BRIBED: Democrats received millions from Fannie Mae & Freddie Mac:

● massive bonuses to their Democrat executives:
	Democrats: Rahm Emanuel, Jamie Gorelick, Franklin Raines, Jim Johnson
● massive donations to their Democrat politicians:
	Democrats Chris Dodd, John Kerry, Barack Obama, Hillary Clinton

3. DEMOCRATS PROTECTED THE SCAMMERS: Democrats opposed regulations and defended Fannie Mae & Freddie Mac even though they were cooking their books to ensure bonuses and donations. 
4. GOVERNMENT FORCED BANKS: The Community Reinvestment Act (CRA) (signed into law by Democrat President Jimmy Carter in 1977 and extended by Democrat President Bill Clinton in 1995 ) and ACORN (leftist agitator group) forced Banks to give loans to unqualified borrowers.
5. FINANCIAL OASIS: Financial firms bought huge packages of loans from Fannie & Freddie because they were backed by government.
6. MORTGAGE MELTDOWN: When some borrowers stopped paying, foreclosures increased dramatically which led to mortgage meltdown which led to the financial crisis.
7. DEMOCRATS BEHIND BUSH FAILED BAILOUT OF 2008:
In 2008, a majority-Democrat Congress and Bush abandoned free-market principles and started the failed bailouts as a response to the financial crisis.  Who were advising Bush?
● DEMOCRAT TIM GEITHNER

Geithner, Obama’s Treasury Secretary, was the President of the Federal Reserve Bank of New York (which oversees Wall Street) and the main architect, of the Bush Administration response to the financial crisis in the form of bailouts.



● IN-THE-CLOSET-DEMOCRAT HANK PAULSON
Although Paulson was appointed by Bush as Treasury Secretary, his Democrat DNA was evident in his actions as a transition-to-the-next-Democrat-Treasury-Secretary, former CEO of Goldman Sachs (one of Obama’s top contributors, more); he named activist democrats to work with him; although he contributed to 2004 Bush fundraiser, he contributed to Bill Clinton in 1992, leftist feminist Emily’s List and Democrat Senator Chuck Schumer. His wife donated to Hillary Clinton. He supported Al Gore’s Global Warming Hoax while working in Goldman Sachs and has been instrumental to the growth of Chinese economic power….allowing China to purchase strategic U.S. companies and assets….and backing up American bailouts.
Bush believed in bi-partisanship, so he appointed and trusted Democrats in his cabinet. Big mistake. Communists always find useful fools who trust them and help them. For this, Bush was criticized by Conservatives.
8. DEMOCRATS BENEFITING FROM THE CRISIS: Democrats are now using their created crisis to ram their leftist 40-Year Wish List.
● DEMOCRAT RAHM EMANUEL

Emanuel, Obama’s Chief of Staff, said: A CRISIS IS “AN OPPORTUNITY TO DO THINGS YOU THINK YOU COULD NOT DO BEFORE.” (video #6)Democrats created the financial crisis. Americans are affected and are now willing to relinquish power to government and allow excessive government expansion in the form of bailouts, stimulus, change.



9. OBAMA AGREES

Obama defends the idea of subprime lending (audio)

DEMOCRATS & THE STRATEGY OF MANUFACTURED CRISIS
(American Thinker)

Obama & Democrats Orchestrated Crisis Network

● COMMUNITY REINVESTMENT ACT (CRA):
“…And now we have the mortgage crisis, which has sent a shock wave through Wall Street and panicked world financial markets like no other since the stock market crash of 1929. But this is a problem created in Washington long ago. It originated with the Community Reinvestment Act (CRA), signed into law in 1977 by President Jimmy Carter. The CRA was Carter’s answer to a grassroots activist movement started in Chicago, and forced banks to make loans to low income, high risk customers.
● ACORN aggressively sought to expand loans to low income groups using the CRA as a whip….In the 1980s, groups such as the activists at ACORN began pushing charges of “redlining”-claims that banks discriminated against minorities in mortgage lending. In 1989, sympathetic members of Congress got the Home Mortgage Disclosure Act amended to force banks to collect racial data on mortgage applicants; this allowed various studies to be ginned up that seemed to validate the original accusation. In fact, minority mortgage applications were rejected more frequently than other applications-but the overwhelming reason wasn’t racial discrimination, but simply that minorities tend to have weaker finances.
ACORN showed its colors again in 1991, by taking over the House Banking Committee room for two days to protest efforts to scale back the CRA. Obama represented ACORN in the Buycks-Roberson v. Citibank Fed. Sav. Bank, 1994 suit against redlining. Most significant of all, ACORN was the driving force behind a 1995 regulatory revision pushed through by the Clinton Administration that greatly expanded the CRA and laid the groundwork for the Fannie Mae, Freddie Mac borne financial crisis we now confront. Barack Obama was the attorney representing ACORN in this effort. With this new authority, ACORN used its subsidiary, ACORN Housing, to promote subprime loans more aggressively….



DEMOCRATS GAVE MORTGAGE TO LESS QUALIFIED MINORITY (ProudToBeCanadian)
● CLINTON & DEMOCRAT CONGRESS LIT THE TIME-BOMB
….This crisis was caused by political correctness being forced on the mortgage lending industry in the CLINTON ERA.
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.” by selling their houses. A decade later, the housing bubble burst and, as predicted, food-stamp-backed mortgages collapsed. Democrats set an affirmative action time-bomb and now it’s gone off.
Instead of looking at “outdated criteria,” such as the mortgage applicant’s credit history and ability to make a down payment, banks were encouraged to consider nontraditional measures of credit-worthiness…
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.

● DEMOCRAT ANDREW CUOMO – THE ENFORCER (see video #3)
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.



● THE MEDIA COOPERATED & PRAISED THE DEMOCRATS RESPONSIBLE FOR THE MELTDOWN
In 1999, liberals were bragging about extending affirmative action to the financial sector. Los Angeles Times…hailed the Clinton administration’s affirmative action lending policies as one of the “hidden success stories” of the Clinton administration, saying that “black and Latino homeownership has surged to the highest level ever recorded.”
● BUSH & ECONOMISTS WARNED
Meanwhile, economists were screaming from the rooftops that the Democrats were forcing mortgage lenders to issue loans that would fail the moment the housing market slowed and deadbeat borrowers couldn’t get out of their loans
In BUSH’s first year in office, the White House chief economist, N. Gregory Mankiw, warned that the government’s “implicit subsidy” of Fannie Mae and Freddie Mac, combined with loans to unqualified borrowers, was creating a huge risk for the entire financial system.
● DEMOCRATS ATTACKED FURTHER
REP. BARNEY FRANK denounced Mankiw, saying he had no “concern about housing.” How dare you oppose suicidal loans to people who can’t repay them! The New York Times reported that Fannie Mae and Freddie Mac were “under heavy assault by the Republicans,” but these entities still had “important political allies” in the Democrats.
● BAILOUTS = GOVERNMENT EXPANSION
Now, at a cost of hundreds of billions of dollars, middle-class taxpayers are going to be forced to bail out the Democrats’ two most important constituent groups: rich Wall Street bankers and welfare recipients.  Political correctness had already ruined education, sports, science and entertainment. But it took a Democratic president with a Democratic congress for political correctness to wreck the financial industry.



DEMOCRATS ARE BENEFITING FROM THEIR CREATED CRISIS
● POLITICIANS ARE BRIBED
Democrats received millions in donations from Fannie and Freddie.
Fannie and Freddie have spent $140 million on lobbying Washington, mostly Democrats:

TOP RECIPIENTS:

#1 Democrat C. Dodd (D-CT) #2 Democrat J. Kerry (D-MA) #3 Democrat B. Obama (D-IL) #4 Democrat H. Clinton(D-NY)

Democrats Paid To Play

 
● POLITICIANS BUY FUTURE DEMOCRAT VOTES
Obama and Democrats orgy-spending and expanding government at the same time.
○ STIMULUS BILL ($1 TRILLION)
a.k.a. PORKULUS, BRIBE $850 BILLION BILL
Obama is using our taxpayer money to payback his interest groups and all the spending will not stimulate the economy:
–$21 million for sod
–$75 million for smoking cessation
–$200 million for the National Mall
–$600 million for new cars for the federal government
–$650 million for digital TV coupons
–$6 billion for colleges/universities (many which have billion dollar endowments)
–$50 million in funding for the National Endowment of the Arts
–$44 million for repairs to U.S. Dept. of Agriculture headquarters
–billions of taxpayer dollars to left-wing groups like ACORN
–funding for contraceptives and the abortion industry
etc., etc….
○ OMNIBUS SPENDING BILL ($410 BILLION)
a.k.a. BRIBERY BILL since it includes almost 9,000 Earmarks, as a form to bribe their special interest groups.
More wasting of our taxpayer money in items that won’t stimulate the economy
Earmark List-3/10/2009:
–$1.8 million pig/swine and manure odor treatment
–$200,000 for Tattoo Removal Violence Prevention Outreach Program (pg. 283)
–$6.6 million for termite research
–$2.2 million for grape genetics in New York
–$1.05 million for crickets
–$2 million for promotion of astronomy in Hawaii
–$250,000 lobsters in Maine (pg. 173)
–$5.8 million earmark for the Ted Kennedy Institute for the Senate (pg. 232)
–$473,000 for radical leftist National Council of La Raza (pg. 212)
–$3.8 million for Tiger Stadium
etc., etc…
(Hat tip: Taxpayers for Common Sense, Try 2 Focus, MichelleMalkin, more)
Vote updates: 3/3/2009, 3/5/2009, 3/10/2009, final vote 3/10/09

WARNINGS: REPUBLICANS TRIED TO STOP THE CRISIS (see above video #2, #5)
● DEMOCRAT OPPOSED REGULATIONS
Democrats opposed bills giving power to regulators to control Freddie & Fannie (Bloomberg)

○ MAXINE WATERS (D-CA): “We do not have a crisis at Freddie Mac”-
○ GREGORY MEEKS (D-NY): “I am PISSED OFF at OFHEO [the regulators]“
○ BARNEY FRANK (D-MA): “I think it is clear that Fannie Mae and Freddie Mac are sufficiently secure so they are in no great danger… I don’t think we face a crisis; I don’t think that we have an impending disaster.”



–>Check the Congressional Records that show how Democrats opposed regulating Fannie Mae & Freddie Mac (two of the seeds of today’s financial meltdown):
–>Hearing of the House Committee on Financial Services (H.R. 2575) (2003)
–>Hearing on Accounting Failure at Fannie Mae (2004) (PDF)

● REPUBLICANS TRIED TO AVOID THE CRISIS
Contrary to what the main-stream media (MSM) is unwilling to report, the record shows Republicans tried to avoid the crisis

○ SENATOR JOHN MCCAIN
–>2005 Bill to Address the Regulation of Secondary Mortgage Market Enterprises (S.190)
John McCain said “If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole.” PDF of Congressional Record (center column)
○ BUSH ADMINISTRATION(2002-2008)
–>2002-2007: Washington Post Tracks Efforts From Bush Administration to Avoid Financial Crisis
–>2008: Bush Called For Reform of Fannie Mae & Freddie Mac 17 Times in 2008 Alone…Dems Ignored Warnings

Also read:
● FINANCIAL CRISIS 101
● Bloomberg: How Democrats created the financial crisis
● Great example: How we got to the credit market meltdown
● Behind the law & regulations
● MORE SOURCES: How Democrats created this Financial Crisis
● Obama’s 6% Degree of Separation to Financial Crisis (source: Babalulog)
● Obama sued Citibank under CRA to force it to make bad loans/
● Community Organizer’s Job: To pressure banks to make bad loans
● Los Angeles Times praised the very people most responsible for the meltdown