Tuesday, September 30, 2008

Someone over at Free Republic went and found the documents used in the Burning Down the House video:

V3.0 yanked in the last few minutes.

  • Subprime Lender Implosion: Bad Omen For Housing Market
  • Community Reinvestment Act (WikiPedia)
  • Community Reinvestment Act (PolicyLink)
  • The Trillion-Dollar Bank Shakedown That Bodes Ill for Cities
  • First Union Capital Markets Corp., Bear, Stearns & Co. Price Securities Offering Backed By Affordable Mortgages
  • Fannie Mae Announces Pilot to Purchase $2 Billion of "MyCommunityMortgage" Loans; Pilot Lenders to Customize Affordable Products For Low- and Moderate-Income Borrowers
  • Going Subprime
  • Fannie's Perilous Pursuit of Subprime Loans
  • Chart (pdf): Loans With Affordability Features And Adjustable Rates
  • Options expert calls Fannie, Freddie shares 'worthless'
  • Regulators Spin Public to Boost Fannie, Freddie
  • 12th bank failure of the year announced
  • IMF says US crisis is 'largest financial shock since Great Depression'
  • New Agency Proposed to Oversee Freddie Mac and Fannie Mae
  • John McCain Warned Of Mortgage Collapse In 2005
  • S. 190 [109th]: Federal Housing Enterprise Regulatory Reform Act of 2005
  • Chris Dodd’s Loan Problem
  • Obama turns to trusted political insider Jim Johnson for key campaign role
  • Barack Obama advisor Jim Johnson quits under fire
  • James Johnson resigns from Obama team
  • Raines's Estate
  • Advice from Raines
  • On the Outside Now, Watching Fannie Falter
  • *Friends of Angelo?
  • Senior Fannie Mae bosses resign
  • All Recipients of Fannie Mae and Freddie Mac Campaign Contributions, 1989-2008
  • *Fannie Mae and Freddie Mac Invest in Democrats
  • *Obama's ex-boss (Miner, Barnhill and Galland) a Rezko partner
  • Strong, silent type (Fought red-lining)
  • Schools in Chicago Are Called the Worst By Education Chief
  • Obama, Education, and Accountability
  • Kids' protest highlights rich-poor schools gap in Illinois
  • The Immigration Debate: Its Impact on Workers, Wages and Employers
  • Fannie Mae, Freddie Mac blind to bubble
  • 4 Fannie Mae senior execs resign
  • Pelosi: Dems bear no responsibility for economic crisis
  • Obama Ridicules McCain's Economic Response
  • Friday, September 26, 2008

    Burning down the house

    Been afb (away from blog) for a while. Been working on some other things.

    Came by to post this:

    Burning Down The House: What Caused Our Economic Crisis? V3

    Version 1 and 2 have been banned on YouTube. Once by Obama Zombies and once by Time Warner (major Obama contributor).

    UPDATE>> V3.0 yanked. V4.0 will probably be up soonish.



    Watch it once, then watch it again later when you've digested the info.

    Maverick - Barracuda - 2008

    There is no other choice

    Friday, June 27, 2008

    I want an electric car.

    I currently primarily drive a 1999 Chevy Metro that gets about 30mpg in the city. 90% of my driving is in the city. For longer trips I also own a larger vehicle, but only turns about 17mpg.

    I don't care about global warming (I don't buy the hysteria hype). I'm not a "greenie" in that I don't recycle, but I do make sure I'm not running power when I don't need to. I also use cost saving devices and features whenever I can.

    I do care about the fact that I'm dropping $4.00 per gallon on gasoline making my operating costs on my Metro about 13.3 cents per mile. Two years ago today I was paying $2.85pg for a cost of 9.5 cents per mile, and I thought that was too much. Four years ago today I was paying $1.78pg for a cost of about 6 cents per mile.

    I care that the money I'm dropping into my gas tank is going to other Nations besides my own that are not friends, and in some cases I consider enemies (Saudi Arabia, Venezuela).

    I care that even if we manage to get ourselves off foreign oil by drilling ANWR or off the coast the US Oil companies will sell that oil on the open world market and a big chunk of it will go to other countries I consider enemies (North Korea, China).

    • I want off oil.
    • I want an electric car that gets about or at least 100 miles per charge, that should last me about a week per charge.
    • It only needs to carry me, and maybe one passenger, I don't car pool.
    • I want to be able to plug it into my already existing house outlet to charge it up, so I don't have to go to the gas station if I don't want to.
    • I want an operating cost of somewhere around 6 cents per mile or less, which is what I purchased my Geo to do.
    • I don't want an internal combustion engine that I have to maintain every 5000 miles (twice per year) in oil, oil filter, air filter, spark plugs, hoses, belts, etc etc that just add more to operating costs.
    • I want it to be battery powered, not solar, so I can drive it in inclement weather.
    • I want to buy it used, not new, so most of the depreciation is already over with and I'm paying a real fair amount for the car.

    These are things I said I wanted several months ago when gas hit $3.50 per gallon. I am told the car doesn't exist unless I want a golf cart.

    Last night I found out the car I am looking for did exist...

    ...ten years ago...

    ...just in time for me to buy a used one...

    ...but I can't because it was killed.

    Who Killed the Electric Car? Is a documentary that deals with GM's EV1 and how it was killed by California consumers, politicians, car companies, and oil companies.

    This is the car we needed today, and it was here 10 years ago. It was the answer that neither hybrids nor hydrogen fuel cells can do.

    Here is some other links related to the EV1 and Rav4 EV.

    http://www.pluginamerica.org/ (Chelsea Sexton's group)
    http://www.ev1.org/
    http://ev1-club.power.net/

    Thursday, June 26, 2008

    DC vs Heller. 5-4 Heller

    Supreme court rules in favor of Heller 5-4 with Scalia writing the majority opinion.

    Held:

    1. The Second Amendment protects an individual right to possess a firearm unconnected with service in a militia, and to use that arm for traditionally lawful purposes, such as self-defense within the home.

    This is a great day for the United States and the Constitution. A 6-3 or 7-2 decision would have been much better but at least it wasn't 5-4 for DC

    Here is the decision...all 157 pages of it



    Thursday, June 19, 2008

    British Gun Ban Video

    Here is a news report out of Great Britain that looks like it was filed about two weeks ago. Remember that guns are banned in the UK. It started with registration, then banning hand guns, then banning shotguns and rifles, then confiscation. These are many of the same laws and paths that our liberal congress, including Barack Obama and Hillary Clinton, want to have passed here in the United States.