Friday, December 12, 2008

Dick Cheney Says Its Herbert Hoover Time

When the Senate failed to pass the auto bailout plan VP Dick Cheney told the Republican Senators it would be "Herbert Hoover" time. Here's what Wikipedia has to say about Herbert Hoover.

The final attempt of the Hoover Administration to rescue the economy was the passage of the Emergency Relief and Construction Act which included funds for public works programs(Barack's Plan) and the creation of the Reconstruction Finance Corporation (RFC) in 1932. The RFC's initial goal was to provide government-secured loans to financial institutions, railroads and farmers(AKA Bailout). The RFC had minimal impact at the time, but was adopted by Franklin Delano Roosevelt and greatly expanded as part of his New Deal.(now adopted by Obama)

In order to pay for these and other government programs, Hoover agreed to one of the largest tax increases in American history.Obama's at it again. The Revenue Act of 1932 raised income tax on the highest incomes from 25% to 63%. The estate tax was doubled and corporate taxes were raised by almost 15%. Also, a "check tax" was included that placed a 2-cent tax (over 30 cents in today's dollars) on all bank checks. Economists William D. Lastrapes and George Selgin,[29] conclude that the check tax was "an important contributing factor to that period's severe monetary contraction." Hoover also encouraged Congress to investigate the New York Stock Exchange, and this pressure resulted in various reforms.

For this reason, years later libertarians argued that Hoover's economics were statist. Franklin D. Roosevelt blasted the Republican incumbent for spending and taxing too much, increasing national debt, raising tariffs and blocking trade, as well as placing millions on the dole of the government. Didn't Obama say the same thing about George Bush??

Roosevelt attacked Hoover for "reckless and extravagant" spending, of thinking "that we ought to center control of everything in Washington as rapidly as possible," and of leading "the greatest spending administration in peacetime in all of history." Roosevelt's running mate, John Nance Garner, accused the Republican of "leading the country down the path of socialism".[30] Obama you go man! Spend on healthcare. Spend on job creation. Spend, Spend, Spend, or should we call you Billy Idol



As for Roosevelt who easily beat Hoover for re-election- "Roosevelt overreached on his Supreme Court packing plan, and a further financial recession in 1937 and 1938 tarnished his image of invincibility."

Any of this sound like Deja Vu?

Robin Williams On Obama's Election

I thought I would beat Gort to the Youtube weekend.

Thursday, December 11, 2008

Paul Kanjorski Is Wasting Billions



Last evening, December 10, 2008, Lou Dobb's was interviewing Harvard Law School Professor Elizabeth Warren, head of the Congressional Oversight Panel that was created as part of the bailout package.She noted during her interview that the bailout money given to the banks failed to trickle down to the American public.

"We've handed this money out. It's been stuffed into the vaults of the banks. We haven't asked the banks for any terms or to change anything. We haven't said how are you going to tie this to the American families. Let's face it. The bottom line is you can't save banks if the American family goes down the tubes. It's not possible. They can't exist. You don't get to save them and not save this country and the people who run this country, who are the real economy in this country."

During that segment Lou Dobb's aired a video of Paul Kanjorski's comments on the hearing held on the bailouts. Once again Paul Kanjorski doesn't know when to keep his mouth shut. Here are his comments.

"REP. PAUL KANJORSKI (D), FINANCIAL SERVICES CMTE.: We have to tell the American people the truth, and that truth is going to hurt. Some of that truth is we're going to spend billions of dollars incorrectly, wrongly and wastefully. They're going to have to know that because we're like mad scientists in an economic laboratory trying to get the correct potion."

Professor Warren had this reaction to his comments:

"WARREN: There's just -- this breaks my heart. We don't have billions of dollars to spend here. One of the problems with spending money in this way is that at some point we really do run out of money. And if we're not using our money in the right ways, in ways to strengthen the American family, in ways to help out with this crazy mortgage foreclosure situation that we've got going, then our opportunity will be lost. It will be gone."

Paul Kanjorski claims to be the second highest ranking Member of his subcommittee. Just keep spending billions on your experiment, Paul. The people of the 11th district are more than happy to fund it.

Scranton, Wilkes Barre, so you get millions. He is giving away billions. Where is your share??? Kanjorski had the trash talk nerve to call Lou Barletta a creep. Paul, in Hebrew, you would be a hamor. In Spanish you would be a pendejo. No matter what language you speak you would still be the same thing. I hope you can hear me now.

Tuesday, December 9, 2008

Paul Kanjorkski Stretching The Baseball Facts

Paul Kanjorski, in his usual arrogant attitude, fired back at the Associated Press over their story concerning Freddie Mac and the Washington National baseball tickets. He states that the Associated Press mislead the public in its story. Paul, what a crock. How many times in your career have you mislead the public? The Veteran's Hospital in Wilkes Barre is one example but we will save that for another day.

Kanjorski blames George Bush for everything. I don't know what he is going to do after January 20, 2009.

Here is the part of the AP story Paul wants everyone to forget.

"The records obtained by the AP reflect growing concern within Freddie Mac over a chorus of criticism from Republicans worried that Freddie Mac and Fannie Mae had grown too big. The two companies owned or guaranteed over $5 trillion in mortgages.

The Bush administration and Federal Reserve Chairman Alan Greenspan were sounding the alarm about the potential threat to the nation's financial health if the fortunes of the two mammoth companies turned sour. They did eventually, when they took on $1 trillion worth of subprime mortgages and when their traditional guarantee business deteriorated. Commercial banks regarded Freddie Mac and Fannie Mae as competitors and were anxious to pick up business that would result from scaling back the two companies.

Pushing back, Freddie Mac enlisted prominent conservatives, including Gingrich and former Justice Department official Viet Dinh, paying each $300,000 in 2006, according to internal records."

"The AP previously described, in October, how Freddie Mac thwarted efforts to bring a tough regulatory bill sponsored by Republican Sens. Chuck Hagel of Nebraska, John Sununu of New Hampshire, Elizabeth Dole of North Carolina and John McCain of Arizona to a full Senate vote.

At a meeting days after Hagel's bill went to the full Senate, Syron and McLoughlin berated the company's in-house lobbyists for failing to keep Hagel's bill corralled in committee, said the four people familiar with events at Freddie Mac at the time.

Freddie Mac shifted into high gear, secretly paying a Republican consulting firm, Washington-based DCI Group, $2 million to kill Hagel's legislation. The covert lobbying campaign targeted Republican senators in 2005-06.

According to the newly obtained records, DCI's deployment was part of a broader campaign that targeted mainly Republicans on Capitol Hill.

The internal Freddie Mac documents show that 17 of the lobbying firms and consultants paid in 2006 were specifically directed to focus on Republicans and four on Democrats, with varying targets for the rest."

Paul, the Democrats had control of Congress, not the Republicans. That is why Freddie Mac needed to concentrate on the Republicans. There was little disagreement in the Democratic party to leave Freddie Mac alone.

Paul, do you really want us to believe that Freddie Mac buys individual tickets for each game as oppossed to having box seats. Here is the pricing for the Washington Nationals. It is reported that Diamond Club seats are $90.00, not $45.00. Let's entertain Paul's story for a moment. The price of his ticket is $45.00. The price of parking is between $15.00 to $40.00 for valet per game. The average price of an entree at Kosher Sports is between $11.00 and $20.00. Burgers at the Hard Times Cafe located at the stadium are almost $9.00. The price of a domestic draft beer is $7.50. The price of a mixed drink is between $8.00 and $12.00.

Lets add it up. $45.00 for ticket, $20.00 for parking, $9.00 for a sandwich, $8.00 for a mixed drink, and these prices are the low end. $82.00 is what I get, not $45.00. When you go to the ball park do you only have one beer???

When you go to your seat what are the chances that the CEO and lobbyists of Freddie Mac are sitting next to you? But, according to Paul, it was the Associated Press that is misleading the public.

Monday, December 8, 2008

Once Again Paul Kanjorski Goes National

How Freddie Mac Splashed Cash to Halt RegulationDec 8 2008- According to internal Freddie Mac documents obtained by the AP, Reps. Bob Ney, R-Ohio, and Paul Kanjorski, D-Pa., spent the evening in hard-to-obtain seats near the Nationals dugout with Freddie Mac executive Hollis McLoughlin and four of Freddie Mac's in-house lobbyists. Both were members of the House Financial Services Committee.

AP IMPACT: How Freddie Mac halted regulatory drive By PETE YOST – 7 hours ago- According to internal Freddie Mac documents obtained by the AP, Reps. Bob Ney, R-Ohio, and Paul Kanjorski, D-Pa., spent the evening in hard-to-obtain seats near the Nationals dugout with Freddie Mac executive Hollis McLoughlin and four of Freddie Mac's in-house lobbyists. Both were members of the House Financial Services Committee.

Company documents: Kanjorski took gift of lender Sunbury, PA Dec 8 2008-According to confidential company documents obtained by The Associated Press, Reps. Bob Ney, R-Ohio, and Paul Kanjorski, D-Pa., spent the evening in hard-to-obtain seats near the Nationals dugout with Freddie Mac executive Hollis McLoughlin and four of Freddie Mac’s in-house lobbyists. Kanjorski declined comment through a spokeswoman.

AP IMPACT: How Freddie Mac halted regulatory drive- Phila. Dec 8, 2008 According to internal Freddie Mac documents obtained by the AP, Reps. Bob Ney, R-Ohio, and Paul Kanjorski, D-Pa., spent the evening in hard-to-obtain seats near the Nationals dugout with Freddie Mac executive Hollis McLoughlin and four of Freddie Mac's in-house lobbyists. Both were members of the House Financial Services Committee.

Even Oregon got into the picture. AP IMPACT: How Freddie Mac halted regulatory drive
12/8/2008, 12:43 a.m. PST By PETE YOST The Associated Press- According to internal Freddie Mac documents obtained by the AP, Reps. Bob Ney, R-Ohio, and Paul Kanjorski, D-Pa., spent the evening in hard-to-obtain seats near the Nationals dugout with Freddie Mac executive Hollis McLoughlin and four of Freddie Mac's in-house lobbyists. Both were members of the House Financial Services Committee.

From dust thouart to Asheville, N.C. thou shalt return. Miami, Cleveland, I could keep going.

Lets return to two of my previous posts. If you really want to go to the September 23, 2008 post and my September 21, 2008 post. Why is it new to the Associated Press?

Obama and Kanjorski Benefited From Freddie Mac and Fannie Mae's Influence

Here is a Youtube.com video where Daniel Mudd, Fannie Mae CEO calls Obama and the Dems the "Family" and "Conscience" of Fannie Mae. He is speaking before the Congressional Black Caucus at its 2005 swearing in ceremony.



The Associated Press reported how Freddie Mac influenced Congressional action to thwart increased regulatory oversight. Of course, Paul Kanjorski would be at the cetner of that influence.

"When the Washington Nationals played their first-ever baseball game in the nation’s capital in April 2005, two congressmen who oversaw mortgage giant Freddie Mac had choice seats — courtesy of the very company they were supposed to be keeping an eye on.

Efforts to tighten government regulation were gaining support on Capitol Hill, and Freddie Mac was fighting back. The baseball tickets for the home opener were means of influence.

According to confidential company documents obtained by The Associated Press, Reps. Bob Ney, R-Ohio, and Paul Kanjorski, D-Nanticoke, spent the evening in hard-to-obtain seats near the Nationals dugout with Freddie Mac executive Hollis McLoughlin and four of Freddie Mac’s in-house lobbyists."

Bob Ney would be the same Congressman who authored the Ney-Kanjorski bill which attempted to gut state predatory lending laws.

Ney would be the same former Congressman who was sentenced to 30 months in jail after admitting "that he performed official acts for Abramoff's lobbying clients between 2001 and 2004, receiving in exchange luxury vacation trips, skybox seats at sporting events, campaign contributions and expensive meals." Would they be the same tickets Paul Kanjorski accepted and uncovered by the Associated Press?

Sunday, December 7, 2008

Barack Obama Took Victory Away From Lou Barletta



This map came from Google and shows the electoral votes. The map below shows county by county how the presidential elections faired out. It is from Newsmax.com.



Paul Kanjorski has robo called my house two times in the last week over the auto industry bailout. He knows he is in deep trouble next election. Even his own party can smell it. There will be younger challengers from the Democratic ranks who will defeat Kanjo in the primary.

Georgia Senator Saxby Chambliss survived his re-election battle in part because Obama was not at the top of the ticket for election run-off. Louisiana voters delivered two Congressional Republican victories while ousting indicted U.S. Representative William Jefferson. In these elections Obama was not present to unfarily influence the outcome. He bought the election and he knows it.

If Kanjorski had to face Barletta in an off year he loses. If one analyzes the election results that fact is in the data. And Paul, quit calling my house with my dollars.

The fairy dust has cleared. The realities about Obama are starting to settle in. Before the election one could buy Obama on QVC. He was a carefully wrapped package sold to the unsuspecting public.

Obama announced that he is going to put America to work under a MASSIVE government spending program. I thought they crucified George Bush for doing exactly that. He intends to create 2.5 million jobs. So let me get this straight. A Democratic President is about the create the largest "corporation" in America but the Republicans are about big "business." I must give him credt. As he did during his campaign he gave few details during his annoucement.

Mr. Obama, please explain how you are going pay to hire 2.5 million people and pay to provide all people in this country with universal healthcare at the same time.

Thursday, December 4, 2008

Secret Service Probe Of Luzerne County-Crooks, Tales, Trails-

The Secret Service is reporting that it finished its investigation into the probe of Luzerne County's debit card fiasco. Its findings were turned over to the U.S. Attorney's office for review to see if charges are warranted in that inquiry.

A little noticed comment appears in the Citizen's Voice article that is worth exploring. [Kosik-Whitaker said the U.S. attorney’s office will not publicly release the Secret Service report on the debit-card probe when the case is closed because it “remains an internal document, which may contain information gained through grand jury information.”

Let's step back for a moment in time. Former U.S. Attorney Thomas Marino resigned his post last year. A Big Fat Slob reported ""What is unclear from the reports is how long it took Marino to recuse himself from the investigation of his long-time friend. (But, it's gotta give you a warm and fuzzy to realize that the chief Federal law enforcement official in the Middle District has a long-standing friendship with a convicted felon who has long been reputedly associated with the largest organized crime family in his District.)


It was reported last year that, between 2000 and 2005, DeNaples and affiliates contributed over a million bucks to Rendell and Bob Mellow, among others, who were instrumental in naming folk to the gaming board that eventually awarded DeNaples his slots license. Earlier this week, citizens groups filed ethics complaints against one of those board members, whose law firm represented DeNaples and another slots applicant."
(Information from Vince Fumo's trial likens to watching Caddy Shack. You never know when that gopher is going to pop its head out of the ground. Mellow, Rendell, Casey)

Marino considered running for Congress in the 10th Congressional District at one point but obviously changed plans. It seems the Pennsylvania State Police had interest in Mr. Marino's partial ownership of a nightclub in Williamsport that committed liquor violations. Marino now works for Louis DeNaples after probing him.

The reason all of this information may be relevant to the comment about the grand jury is not about DeNaples but about Marino's successor. Martin Carlson was the First Assistant United States Attorney for the Middle District of Pennsylvania at the time of Marino's resignation. Today he is Acting United States Attorney for the Middle District.

Here is the interesting twist. According to the Patriot News at the time Marino's cases were transferred to Binghamton after he recused himself over the DeNaples investigation. Is any of this relevant to the Secret Service and the debit cards? Elementary, my dear Watson.

There is speculation that a grand jury may have been convened in Binghamton over the FBI and IRS probe of the Luzerne County courthouse. Information from that grand jury may be contained in the Secret Service report, hence the reason it will not be released due to the other testimony. In any event there was no known grand jury convened over the debit card process. Stay tuned. If this all hits in the next coming months watch the sky

Wednesday, December 3, 2008

Eachus Hires Christopher Casey To Do An Efficiency Study???

At a time when Card Check is a buzz word, Todd Eachus was elected House Majority Leader beating Rep. Frank Dermody of Allegheny County in a closed door election process.

Eachus replaced Bill "Da Weasel" DeWeese who is now No. 3 at Whip. You have to admire someone who hits the ground running since he assumed the job December 1.

Eachus announced that HE hired outside legal counsel for the House Democratic Caucus(remember that he paid off arrested Mike Veon's campaing debt without consulting the rest of the caucus Members). His choice was Christopher Casey, brother of Senator Bob Casey.

On December 2, 2008 I reported on the Vince Fumo trial where the latter Casey's name was part of the testimony.

If you look at the bio on Christopher Casey you will read the following:

Areas of Focus: Partner, Corporate Investigations and White Collar Group. Mr. Casey concentrates his practice in white collar defense, criminal and civil antitrust, defamation, and complex commercial litigation.

I guess that Bonusgate probe by Attorney General Tom Corbett was focused on the "government duplication, waste and inefficiencies" that citizens demand during difficult economic times. At least that is what Eachus said in his press release. The release also states Casey will be "tasked with examining current procedures, contracts and staff structure." Having been involved in a merger of the number two and number five corporations in my industry I can report that an attorney was not brought in for these areas. Consultants with expertise were hired to reduce duplication, etc. but they weren't attorneys.

Since Eachus was one of the representatives who refused to give back the illegal pay raise of 2005 his explanation seems like a case of "Wag The Dog".

Tuesday, December 2, 2008

Senator Vince Fumo Behind Anti-Rendell Ads in 2002

The Associated Press is reporting out of Philadelphia that testimony in ex-Senator Vincent Fumo's trial indicates he quitely funded anti-Rendell campaign ads according to an article in today's Times Leader. As you read the story it parallels Attorney General Tom Corbett's efforts in Bonusgate.

Fumo gave $35,000 to a political action committee that placed anti-Rendell newspaper ads, had state Senate aides set up computer and phone equipment at Rendell rival Bob Casey’s headquarters, and delegated Senate contractor Howard Cain to run a get-out-the-vote effort for Casey, Cain and others testified.

The newspaper ads gave no hint that Fumo, a longtime Philadelphia power broker, was involved. In small type, they said only that they were sponsored by “Public Officials for a Better Pennsylvania” — a PAC formed two months earlier by two high-ranking Democrats, Rep. Bill DeWeese and Sen. Bob Mellow. Both men supported Casey.

Mellow told The Philadelphia Inquirer recently that he could not recall what role Fumo played in the PAC. DeWeese also cited a hazy memory. But DeWeese conceded that using the group to shield Fumo’s role in the attack “certainly seems to be a dubious mechanism.”


Harrisburg is nothing but a breeding cesspool full of corrupt politicians. Some get caught and others get talked about.