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IS JOE BIDEN A PATHOLOGICAL LIAR? Print E-mail
Written by Jack Kelly   
Friday, 03 October 2008

"All you have to do is go down Union street with me in Wilmington or go to Katie's Restaurant or walk into Home Depot with me where I spend a lot of time and you ask anybody whether or not the economic and foreign policy of this administration has made them better off in the last eight years," said Sen. Joe Biden in the vice presidential debate to bolster his assertion he's in touch with the concerns of the middle class.

That answer suggested otherwise.

"It came as a surprise to us in Delaware that Joe Biden recently had a meal and talked with patrons at Katie's Restaurant on Union Street in Wilmington," said an email to National Review Online.  "Katie's Restaurant closed years ago.  It was on Scott Street in Little Italy."

The people who fill up at his neighborhood gas station can't pay for a full tank of gas, Sen. Biden said.  Sen. Biden lives in a 7,000 square foot estate on a four acre lakefront lot in Greenville, which is described as "northern Delaware's priciest area."

Sen. Biden says things which are not true with passionate conviction.  That's a polite description of a pathological liar.
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THE FIX IS IN FOR OBAMA Print E-mail
Written by Jack Kelly   
Thursday, 02 October 2008

Who is Will, Good?

Mr. Good Will -- who lists his employer as "Loving" and his profession as "You" -- has contributed 1,000 times to the Obama campaign.

All the contributions have been in amounts of $25 or less.  But they add up to $17,375 -- far more than the legal limit of $4,600 ($2,300 each for the primary and general election campaigns).

Kenneth Timmerman, a reporter for NewsMax, discovered Mr. Good Will when he reviewed 1.4 million individual contributions in the latest Federal Elections Commission master file for the Obama campaign.

Mr. Good Will said he was from Austin, Texas.  When I called Directory Assistance, they could find no listing for him.  

Who is Pro, Doodad?
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DON'T THE POLITICIANS WHO CAUSED THIS CRISIS BELONG IN JAIL? Print E-mail
Written by Richard Rahn   
Wednesday, 01 October 2008

If government agencies pressure banks to give loans to people who are poor credit risks, do you view this as a failure of capitalism or a failure of government? A number of left-wing politicians and commentators have made the assertion that the financial crisis is a result of too much deregulation under the "capitalistic" policies of President Reagan.

Those who make the assertion are either ignorant of the facts or being untruthful.

What we have seen is not a failure of free-market democratic capitalism, but another failure of a government that destroyed the normal market mechanisms for dealing with risk.

There have been many calls for the "greedy" to be punished, but the political "greed" for power and money is even more dangerous than excesses practiced by occasional business people.
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TIME TO RELEARN THE CONNECTION BETWEEN PROSPERITY AND FREEDOM Print E-mail
Written by Tony Blankley   
Wednesday, 01 October 2008

There is nothing new under the sun. The United States has endured major financial panics in 1837, 1873, 1893, 1907, 1929, 1933 and now in 2008. Most of these economic events had ideological and political consequences - as well as the inevitable economic play-outs.

And, if history is any guide, contrary to the hope of some and the fear of others, this is not the end of capitalism as we have known it.

But it is true that usually, major economic events have had political as well as economic consequences. For instance, the panic of 1893, which in some ways is similar to the current panic, was caused by overbuilding and sloppy financing of the railroads.

The 1880s had enjoyed dramatic economic expansion, which lead to dangerous speculation. Once the railroad bubble burst there was a run on the banks, a contraction of credit, and European investors demanded gold for payments which forced the reduction in the value of the dollar.
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THE ONLY GOOD PIRATE IS A DEAD PIRATE Print E-mail
Written by Ralph Peters   
Thursday, 02 October 2008

Somali pirates got a shock last week: The ship they seized carried dozens of Russian-built tanks, along with a wealth of heavy weapons and ammo. It was more than they'd bargained for.

As I write, the Ukrainian ship MV Faina sits at anchor off a notorious pirate port, its crew held captive by 30 or more Somalis. US Navy warships circle the vessel. Our helicopters buzz its deck.

We don't want that weaponry falling into terrorist hands. The Somalis lack the facilities to unload 40-ton tanks, but the smaller weapons aboard would delight the local al Qaeda franchise.

But we don't know what to do next. Which is ridiculous.
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TO THE BACK OF BEYOND Print E-mail
Written by Dr. Jack Wheeler   
Wednesday, 24 September 2008

Once I finish writing this, I'm off to conduct the VIP trip discussed in Good News From Bulgaria.  Next I'll be in Albania for a meeting with Prime Minister Berisha, followed by speaking at a conference in Tbilisi, Georgia along with TTP's Richard Rahn.

After that, I head into the back of beyond.  The phrase became popular in the 19th century referring to mysterious lands that were unknown and remote.  I can't be more specific, as I don't want to telegraph my presence there in advance.

You'll be getting a report from me whenever I get a secure Internet connection, which I hope will be often.  There will be a few times in the coming weeks when I'll have to be incommunicado. 

I'll be back just after the election, and the scary question is:  will America by then have become a country that is back of beyond?
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SOUTHWEST WINTER RENDEZVOUS! Print E-mail
Written by Dr. Jack Wheeler   
Thursday, 25 September 2008

Any denizen of the TTP User Forum will instantly recognize "Cephren," the all-time champion poster.  And any participant in previous TTP Rendezvous, such as last month's in Boston, knows Cephren is Chris Baldi, a hail-and-hearty fellow you'd have to try very hard to dislike.

At Boston, everyone agreed that the Winter Rendezvous had to be someplace where there isn't winter, someplace warm, and that it should be out West.  Last February it was in the East, in Sarasota.

We had a wonderful time in Sarasota, and Chris promises us all an equally good time where he lives.  Thus we hereby announce the Southwest Winter Rendezvous in Phoenix, Arizona, January 23-25.
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HOW WE GOT INTO THIS MESS IN 7 STEPS Print E-mail
Written by George Skakel   
Thursday, 25 September 2008

1.  The Community Re-Investment Act of 1977 threw out the idea of a sound financial system in favor of affordable housing for the less well off.  

Folks who could not afford to borrow to buy a home were now the legislated target market for lenders; banks were legally forced to lend money to bad credits. Out went traditional and rational lending criteria like 20% down. Now, folks who could not afford it could buy a home for 0% down.

So the banks fulfilled their, now lawful, obligation for making the initial loan but then, as soon as possible, sold the damn things off for a packaging fee.

2.  The fundamentally corrupt regulatory process whereby the quasi government controlled wholesale lenders of Fannie and Freddie, and the large private mortgage packagers such as Countrywide, could and did buy any kind of legislation they wanted.

The Chairman of the Senate banking committee, Chris Dodd (D-CT), is and has been the largest recipient of Fannie and Freddie political contributions. In addition, Senator Dodd got two sweetheart Mortgages from Countrywide. The recent heads of Fannie and Freddie were political appointees, mainly by Democrats:  Franklin Raines, Jamie Gorelick, and Jim Johnson - all Obama advisors.
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THE SHAME OF JEWISH DEMOCRATS Print E-mail
Written by Caroline Glick   
Wednesday, 24 September 2008

American Jews have good reason to be ashamed and angry today.

As Iran moves into the final stages of its nuclear weapons development program - nuclear weapons which it will use to destroy the State of Israel, endanger Jews around the world and cow the United States of America - Democrat American Jewish leaders decided that putting Sen. Barack Hussein Obama in the White House is more important than protecting the lives of the Jewish people in Israel and around the world.

On Monday (9/22), the New York Sun published the speech that Republican vice presidential nominee and Alaska Gov. Sarah Palin would have delivered at that day's rally outside UN headquarters in New York against Iranian President Mahmoud Ahmadinejad and against Iran's plan to destroy Israel. She would have delivered it, if she hadn't been disinvited.

It was a remarkable speech, prepared by a remarkable woman. But it was not heard.  Here's why.
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WHY LEFTWING FEMINISTS HATE SARAH Print E-mail
Written by Phyllis Schlafly   
Wednesday, 24 September 2008

[Phyllis Schafly has been a good friend of mine for many years.  We once sailed down the Danube River into Communist Hungary as it was breaking free of the Soviet Union.  At 84 years old, she shows here how to nail liberal faux-feminists to the wall. -JW]

Feminist anger against Sarah has exposed the fact that feminism is not about women's success and achievement. If it were, feminists would have been bragging for years about self-made women who are truly remarkable achievers, such as Secretary of State Condoleezza Rice, or former Hewlett-Packard CEO Carly Fiorina, or Sen. Elizabeth Dole, or even Margaret Thatcher.

Feminists never boast about these women because feminism's basic doctrine is victimology.

Feminism preaches that women can never succeed because they are the sorry victims of an oppressive patriarchy. No matter how smart or accomplished a woman may be, she's told that success and happiness are beyond her grasp because institutional sexism and discrimination hold her down.
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OBAMA-BIDEN: INEXPERIENCE + BAD JUDGMENT Print E-mail
Written by Jack Kelly   
Wednesday, 24 September 2008

One wonders how Sen. Joe Biden can talk so much with his foot in his mouth.

Obama's running-mate has said something foolish or indiscreet so often the Republican National Committee has started a "Biden Gaffe Clock" to chronicle them all.  

Sen. Biden wasn't chosen to provide comic relief.  Sen. Obama thought his 35 years in the Senate, most of it on the Foreign Relations Committee, of which he is now chairman, would give the ticket foreign policy credentials Sen. Obama himself lacks.

The most hypocritical of the legion of double standards employed by the news media in this campaign is that a paucity of experience in foreign policy is considered disqualifying in the Republican candidate for vice president, but inconsequential in the Democratic candidate for president. 
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SURPRISED BY THE OBVIOUS Print E-mail
Written by Richard Rahn   
Wednesday, 24 September 2008

Are all too many in the global political class doltish, or do they just appear that way? The current financial meltdown has revealed an amazing number of revelations from people who were surprised by the obvious.

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 Hussein Obama was active in this movement.
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MOOSE SHOOTIN' MAMA Print E-mail
Written by Dr. Jack Wheeler   
Sunday, 21 September 2008

Country singer Pat Garrett has the hit song of the year.  It is can't-sit-down, gotta-get-up-and-boogie, real deal rock and roll.  And while you're jumping and dancing for joy, tears will also be streaming down your face from the beauty and truth of the lyrics.

For it is a tribute to America's Sweetheart, the woman who is destroying the Left's stranglehold on our culture, who will give us our country back so that America can be America again:  Sarah Palin.

Liberals can eat their hearts out while we dance our hearts out to Moose Shootin' Mama.  Be sure and crank up the volume.

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HALF-FULL REPORT 09/19/08 Print E-mail
Written by Dr. Jack Wheeler   
Friday, 19 September 2008

Maybe we should all be in Tibet this week.

That's where I was 21 years ago on Black Monday, October 19, 1987.  On that infamous day 21 years ago, the Dow dropped 22.6%:  from 2,247 to 1,739, or a loss of 508 points.  (An equivalent loss today would be a fall of 2,500 points, from 11,422 to 8,840.)

We were in one of the remotest spots on the planet - the Chang Thang plateau of northern Tibet - when we learned of the crash on our short wave radio tuned into the BBC.  We were so lucky to be there...

... let's focus now on more positive developments.  One would be that Charlie Rangel is finally getting what's coming to him.  Even liberal newspapers like the Miami Herald are calling for him to resign, either from his chairmanship of House Way & Means or from Congress altogether. 

Another is the release this week of John Fund's book Stealing Elections.  This is an incredibly important book.  John exposes the plans of the ultimate "community organizer" ACORN to commit massive voter fraud in cities throughout the country - and details how Obama is an ACORN operative...

...Then there is Boliva breaking apart and Pakistan about to.
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MCCAIN REMINDS US WHY WE DIDN'T LIKE HIM BEFORE PALIN Print E-mail
Written by Dr. Jack Wheeler   
Thursday, 18 September 2008

Talk about blowing a golden opportunity.

Whenever there is danger - like the Wall Street Meltdown this week - there is always opportunity.  The Meltdown handed it to McCain on a diamond-studded platter, on which Obambi and the Democrats lay so stunningly vulnerable. 

Instead, he goes off on an anti-capitalist rant, demonizing the "greed" of Wall Street instead of the Democrat crooks in Congress who are the architects of the crisis.  He calls for more fascist regulation, when it was the regulatory power the Dem crooks had that caused the crisis.

And to top it off, he scapegoats Chris Cox, Bush's SEC Chairman, the most honest and decent guy in Washington, instead of the Democrat crooks!

McCain is reminding us of why conservatives weren't gung-ho enthusiastic over his candidacy.  We'd almost forgotten in the wake of Palinmania.  We're now remembering his sneering remark during the primary debates that his life has always been motivated by "patriotism," while that of Mitt Romney was motivated by - he spat out the word as if it were a filthy four-letter insult - "profit."

McCain should have listened more to his friend and cell-mate in the Hanoi Hilton, Jim Warner.

Jim once asked him, "John, would you go to a supermarket to buy a pair of shoes?"
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