Friday, September 26, 2008

Joe Biden Claims FDR went on T.V. to tell the people...


"When the stock market crashed, Franklin D. Roosevelt got on the television and didn't just talk about the, you know, the princes of greed. He said, 'Look, here's what happened,"




The only problem with this is that FDR was not the President at the time of the stock market crash of October 1929 and the television wasn’t introduced to the public until a decade later at the 1939 World’s Fair…


This guy could be “Just one heartbeat away from the Presidency” but the question is whether or not he would know it at the time or if he will be more interested as to what is on the “boob-tube” instead…

"Way to go, Joe"...

Wednesday, September 24, 2008

"Surprised"?...

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"For years, liberal Democrats in Congress and some Republicans pushed for banks and other institutions to make home loans to unqualified borrowers, and suddenly we find many of these people cannot repay their loans."
"The reaction from members of Congress, like the "surprised" Speaker Nancy Pelosi, is to demand investigation of "greedy bankers," while ignoring the fact that it was her left-wing colleagues who created the Community Reinvestment Act (CRA) that required the banks to lend to people who were poor credit risks in the name of "housing rights." A Chicago "public interest" lawyer named Barack Obama was active in this movement."

Richard W. Rahn makes some great points in his commentary which many in the media and "LeftSide" blogs seem to leave out...

"Most members of Congress seemed surprised that voters think the huge campaign contributions many of them received from Fannie and Freddie might have something to do with the now all too apparent lack of congressional oversight of the two mortgage giants. The endlessly surprised Mrs. Pelosi ranted against the "privatization of profits and the socialization of costs" in Fannie and Freddie. She must have forgotten that Fannie and Freddie was created and overseen by Congress, and staffed by political appointees (former Fannie CEO Franklin Raines was Bill Clinton's budget chief), and had an implicit (and now explicit) guarantee from the federal government."

Monday, September 22, 2008

"FOAMHENGE"...

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Several weeks back I was on my way to Buena Vista to drop off another Jim Gilmore "Drill Here, Drill Now, Pay Less" drill rig at a location in the center of town...







South of Lexington we came upon a "Medieval Days" celebration being held at the "FoamHenge" location alongside the road. I have passed this location numerous times and stopped once to look around. On this day we had the opportunity to walk around and look at the work done by Artist Mark Cline who is also responsible for the elelphant used by the Rockbridge Republican Committee in the well known Buena Vista Labor Day Parade...

















Sunday, September 21, 2008

Pelosi's Late Night Congressional Solution to the Energy Crisis...

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Democratic Party "Speaker of the House" Nancy Pelosi and her gang pushed through a worthless 290 page energy bill that did not allow any amendments and was voted on late at night.

Nancy's BIG solution to the energy crisis and cutting edge plan to reduce dependency on foreign oil?...

It can be found on page 255


Section 827 of the bill defines the "Transportation Fringe Benefit to Bicycle Commuters."


It says: "The term 'qualified bicycle commuting reimbursement' means, with respect to any calendar year, any employer reimbursement during the 15-month period beginning with the first day of such calendar year for reasonable expenses incurred by the employee during such calendar year for the purchase of a bicycle and bicycle improvements, repair and storage, if such bicycle is regularly used for travel between the employee's residence and place of employment."
Bottom line: Employers could count as a deductible business expense a tax-free $20 monthly reimbursement to workers who bike to work.



Another commendable "Alternative Energy" solution coming from our "Democrat" friends but this is what they came up with? What are the logistics of this plan and how will Nancy validate or monitor bicycle use? Will there be Federal government agency created to enforce\monitor\validate this program? Do I still get credit during the winter months while commuting in snow, rain, sleet? Will this new "Alternative Solution" eliminate the foreign oil now being purchased from foreign OPEC countries and which ones?