Showing posts with label National Association of Realtors. Show all posts
Showing posts with label National Association of Realtors. Show all posts

Monday, March 2, 2009

Nancy Pelosi Has A S**T List And Guess Who Made It?



The Politico.com published an article today titled Pelosi's list: Who's on her bad side? Glenn Thrush discusses Nancy early days as a protege of her father, Baltimore Mayor Tommy D’Alesandro. She would sift through voter files and keep a list of people her father helped in his political capacity.

Like her father, she also kept a "Disfavor" file, a roster of those whom she believes have screwed up, betrayed her, challenged her or merely annoyed her.

Hawkish Rep. Jane Harman (D-Calif.), who clashed with Pelosi on Iraq and intelligence policy, assumed she was in line to become chairwoman of the Intelligence Committee when the Democrats seized control of the House in 2006. But Pelosi refused to appoint Harman to even a seat on the committee, and she handed the chairmanship to Rep. Silvestre Reyes (D-Texas).

As speaker, she did nothing to stop her ally Henry A. Waxman (D-Calif.) from ousting Rep. John Dingell as chairman of the Energy and Commerce Committee after clashing with the octogenarian Michigan Democrat on energy policy and global warming.


Guess who made it to the disfavor list- Paul Kanjorski, and here's why.

Pelosi and the Democratic Congressional Campaign Committee made an all-out effort to help the veteran Scranton congressman win a tight race against longtime nemesis Lou Barletta last fall.

So aides say the speaker was taken aback when the western Pennsylvania representative bucked leadership by voting “no” on the original version of the stimulus bill.

He voted for the conference report later, but hard feelings persist.


The media in Northeastern Pennsylvania has consistently underestimated the amount of money given by outside committees to Paul Kanjorski during this last election. Take this account written by Andrew Seder of the Times Leader. Quoting his article "Kanjorski, a Nanticoke resident who earned his 13th term in Washington, spent $3.07 million." If you go to the FEC report and add up the Party Coordinated Expenditures, Independent Expenditures On Behalf Of The Candidate, Contributions (from PACS) plus the In Kind Contributions using Excel the figure amounts to a staggering $3,548,832.00 from 897 contributions. For this category on Kanjorski's report Non-Party (e.g. PACs) or Other Committees: it only lists $1,531,728.00 worth. Not sure why the big discrepancy.

The DCCC and the National Association of Realtors spent $1,963,132.00 alone on Kanjorski's report. It is interesing to note that the DCCC lists debt of $16,420,991.00 on its own report.

Now if you want to read something really crazy look at the first item in that report, Independent Expenditure Against A Candidate. Read the last entry, Pennsylvania Democratic Party. According to Kanjorski's report is he saying that the Pennsylvania Democratic Party spent $34,756.00 against him? The National Republican Congressional Committee spent $724,363.00 against him.

If you go to Opensecrets.org you can view the net worth of both the House and Senate Members.

Jane Harman (D-Calif) Minimum Net Worth $236,280,153 Average Net Worth $397,412,077 Maxium Net Worth $558,544,002

Nancy Pelosi (D-Calif) Minimum Net Worth $-19,038,894 Average Net Worth $62,468,047 Maxium Net Worth $143,974,989

Do you really think Jane Harman cares about Nancy's list?

Monday, October 13, 2008

Barletta Raised Over $1 Million in Contributions

Over a week ago there was speculation that Lou Barletta was in financial trouble according to a story in the Citizen's Voice.

In his typical Russian style propaganda Ed Mitchell was quoted in the article- "The spokesman for Barletta’s opponent, Democratic U.S. Rep. Paul E. Kanjorski, said the Barletta campaign’s denial of money troubles doesn’t ring true.

“Usually, when a campaign starts buying day to day, they’re having money troubles. You can spin it any way you want,” Kanjorski spokesman Ed Mitchell said."

According to an article that appeared today in PolictickerPA "The Congressional campaign of Republican Hazleton Mayor Lou Barletta says it has now raised over $1 million."

While it may be true that Kanjorski will raise more money most of it will come from lobbyists and PACS that he owes favors or has performed favors. Google the Community Choice in Real Estate Act. You will get your answer why the National Association of Realtors have paid over $900,000.00 for Kanjorski mailings and television ads. In addition the association paid for a trip to Miami.

But there is real story in this situation that is not being covered. The Community Choice in Real Estate Act has been proposed every session since 2001 and NEVER PASSED! Paul Kanjorski and Ed Mitchell have been touting the influence and power that comes with being in Washington for 24 years. Evidently its not enough to get once simple act passed. Kanjorski should hang his head in shame for not delivering victory to the NAR. Of course one would think that the NAR would have a Plan B by now rather than keeping a dead horse in the barn.

Tuesday, September 23, 2008

Gramm-Leach-Bliley Act

In 1999 a 385 page piece of legislation known as the Gramm-Leach-Bliley Act was passed by the Congress and signed into law by then President Bill Clinton. The bill allowed commercial and investment banks to consolidate forming mergers between banks and insurance companies. It repealed most of the Glass-Steagall Act which prohibited a bank from offering investment, commercial banking, and insurance services. Historically the financial services industry was born. Every new beginning is some other beginning's end.

The final conference vote was 90-8 in the Senate and 362-57 in the House. Democrats agreed to support the bill only after Republicans agreed to strengthen provisions of the Community Reinvestment Act and address certain privacy concerns. It was a bipartisan with broad support. Yet, today in this financial crisis the Democrats are blaming George Bush and the Republicans are blaming the Democrats. Did I say that President Clinton signed the bill and not George Bush? Back to the story.

Governor Meyer in a speech in 2000 summed up the provision in the GLB creating financial holding companies: "To be an FHC, each subsidiary bank must be well-capitalized, be well-managed, and have a Consumer Reinvestment Act (CRA) rating of at least satisfactory." Did he really say well managed?

I believe this statement in that speech illustrates why we are in the mess today. "No better example of the problems of putting congressional intentions into action can be found than the CRA "sunshine" provisions in GLB."

The battlecry of the Democrats goes to the core of a Republican philosophy that less government is better. To the Dems this crisis justifies their beliefs that more government is better. Actually neither side is right. If you have the wrong people in government it never can be right. If you have the wrong people in the institutions created by GLB it never can be right. Non profit does not mean no profit and less government does not mean no government. If you believe in more government regulation just realize that the Income Tax has made more liars out of the American people than golf.

Governor Meyer further states "GLB, as with most complex banking legislation, is a blend of detailed, specific new banking rules and a broad outline to be filled in by the banking agencies. Such delegation in part reflects the agencies' expertise in addressing technical complexities." A governor talking about expertise and government in the same sentence. It's not criminal but it ought to be.

Analysis of an accident always reveals that the final result is due to a cascade of events that culmuinate in tragedy. If you are following the news about the monumental rescue to address today's financial crisis aka "Wall Street Bailout", you will see that once again the Dems want to tag on pet provisions to any bailout bill put forth in the Congress in the same way they did it with the passage of GLB. All of the pundits are citing GLB as the incubator of destruction causing today's crisis. Wall Street Bailout sounds like a movie title; Ben Stein could be the Federal Reserve Chairman. The bailout could be part of his hit Comedy Central quiz show "Win Ben Stein's Money." This way it will earn its rightful title "Bailout Bonanza."

But you have one Democrat who is outshining all by seeking an individual piece of legislation to thwart GLB. Yes, we are back to the Community Choice in Real Estate Act. Isn't it funny that the title is "Community Choice" but the effect of the bill is to ban not offer choice? Not so funny if you are the consumer. I wish I had a counter for this site. It would be rolling up the dollars the National Association of Realtors is paying..oops donating, my bad, uhh no wasting on Paul Kanjorski to help him in his already failed reelection attempt.

Who voted for Gramm-Leach-Bliley? Right again, Paul Kanjorski. What is his reward? $980,000.00 and counting. Oh that is wrong. That's only from one entity. Didnt' I write the financial services industry was born above? As of June 30,2008 he was already over $1 million in PAC money. Add on the $980,000.00 and Kanjorski will top the $4 million mark with all the PACs when this election ends on November 4th.

Paul Kanjorski voted for the war but he offers excuses; on May 10, 2007 he voted for redeployment in Iraq but states the surge won't work; he blames George Bush for lying about WMDs but never mentions the infamous Feith-Carney memo, yes Chris Carney who authored the memo with faulty information given to George Bush; he voted against Medicare Part D but he offers excuses; Cornerstone Technologies lost $10 million of taxpayer's money and he offers excuses not an apology; he voted for GLB, no excuses just efforts to get legislation passed to take care of his corporate buddies. He rallies behind the misperception that the Republicans represent big business. Paul, who are the PACS filling your campaign coffers? Mom and Pop, nahh didn't think so.

If Lou Barletta wasn't as well known as he is how would anyone be able to challenge incumbents and have a prayer to win? The financial services industry wants to drown each and every American. It was corporate greed by the wrong that got us into this mess and it is Paul Kanjorski who wants to see it stays that way. I guess that why they say the campaign contributions he is receiving come from the FIRE sector (Finance, Insurance and Real Estate donations.

Gore Vidal wrote in 1969 "Unless drastic reforms are made we must accept the fact that every four years the United States will be up for sale, and the richest man or family will buy it." In this race it is every two years. And Helen Douglas was quoted in 1973 as saying "The first step toward liberation for any group is to use the power in hand...And the power in hand is the vote."

Take a little time and donate to Lou Barletta's campaign. Big or small, the size of the contribution doesn't matter. What does matter is that your voice will be heard. Lou Barletta is a one issue candidate. And that issue is courage; the courage to speak for you.