Post Scripts

Posted by Tina

Heres a quote from an article by Michelle Malkin (Attn Jackthis ones for YOU)

I believe in the sovereignty and security of this one nation, under God. I believe the primary role of government is to provide for the common defense and a legal framework to protect families and individual liberty. I believe that no one owes me anything just because I live and breathe. – William Russel

Murtha Faces A Tough Challenge, by Michelle Malkin Daily News Record

A JAW-DROPPING political miracle may be on the horizon. No, Im not talking about the second coming of the Obamessiah. Im talking about the long-deserved comeuppance of troop-smearing, pork-feasting, scandal-tainted Democratic Rep. Jack Murtha of Pennsylvania. *** The 18-term congressmans challenger, staunch conservative Republican newcomer William Russell, raised nearly $670,000 in the second fundraising quarter. Earmark king Murtha scraped together a measly $119,000. Russells underdog campaign bested Murtha without the perks of incumbency, national name recognition, big PAC donations or mainstream media support. *** Even more amazing: The 45-year-old Russell, a Desert Storm veteran, former Army lieutenant colonel and Army reservist who survived the Sept. 11 terrorist attack on the Pentagon, was not even publicly campaigning during the quarter. He is on active duty with the Army until after Aug. 1 and is barred from actively campaigning until then. *** If all that didnt make this enough of an inspiring David and Goliath story: In February, a Pennsylvania judge ruled that Russell had failed to collect enough signatures to make the primary ballot. But Russell refused to give up on his goal of permanently redeploying Murtha from his entrenched seat of power in Washington. *** The GOP neophyte persevered on a shoestring budget and won more than 4,000 write-in votes in the spring to earn a spot on the general election ballot. According to Russells campaign manager and veteran GOP activist Peg Luksik, the bulk of contributions from about 16,000 donors in the second quarter were less than $50.

They are sharp…they are committed and disciplined…and they are coming home to wage a different kind of battle for the America we love. God bless ’em.

Posted by Tina

The majority of Americans are in favor of pursuing all possible avenues for producing energy, including alternatives, drilling, and nuclear. The only thing standing in the way is a small minority of extremists in the green movement and the politicians that are beholding to them. It is absurd that they continue to get away with holding Americans hostage considering high gas prices and a need to end our dependence of foreign oil. It is also absurd to set aside all economic considerations in a rush to pursue alternative solutions only.

The above might be considered an exaggeration, a figment of my imagination, or an expression of prejudice against BIG GREEN. But it is none of these. It is an opinion based on observations over several years of what BIG GREEN extremists do and say. One of the latest examples to confirm the validity of my observations is reported in the Wall Street Journal:

Virginia Is Sitting on the Energy Mother Lode, by Max Schulz – WSJ

Amid the rolling hills and verdant pastures of south central Virginia an unlikely new front in the battle over nuclear energy is opening up. How it is decided will tell us a lot about whether this country is willing to get serious about addressing its energy needs.
Continue reading “<strong>Dealing with Unreasonable <em>GREENS</em></strong>” »

Posted by Jack

Jim Jubak and Tim Middleton over at MSN, must be brilliant…they think at lot like me! lol Check this out:

“Sweeping debt woes… Today’s financial meltdown defies comprehension because so much of it is packaged into exotic derivatives, such as collateralized debt obligations and structured investment vehicles. These were bundles
Continue reading “Thoughts to Ponder” »

by Jack Lee

Berlin – 25 July 08… Barack Obama’s Berlin speech was full of rhetoric and gave no specifics. This is what many
of the 200,000 Germans thought after the 20 minute long diatribe. In his tired voice he flung clich after cliche’
Continue reading “OBAMA LEAVES GERMANS FLAT” »

posted by Jack

Click this link to see a list of failed banks. Click here.

Tip: Did you know you can buy loans from the FDIC? When the FDIC takes over a failed bank they also manage the banks assets and this includes their loan portfolio. These loans can be sold to the public. A bank loan portfolio may include well secured commercial and private properties and sometimes excellent personal notes. The loans can range from under a thousand into the millions.

It is possible to buy a 1st deed of trust from the FDIC for a dscounted price and resell it to someone else for a profit or hang on to it and collect the interest plus principle.

An essay in pictures….

In 2007 Islam and Judaism’s holiest holidays overlapped for 10 days. Muslims racked up 397 dead bodies in 94 terror attacks across 10 countries during this time… while Jews worked on their 159th Nobel Prize.

Continue reading “Observations of Islam” »

Posted by Tina

In case you missed Rush talking about it today please take a moment to read the excellent article by Andrew Klavan in the Wall Street Journal.

Here’s a sample:

A cry for help goes out from a city beleaguered by violence and fear: A beam of light flashed into the night sky, the dark symbol of a bat projected onto the surface of the racing clouds . . .Oh, wait a minute. That’s not a bat, actually. In fact, when you trace the outline with your finger, it looks kind of like . . . a “W.” ** There seems to me no question that the Batman film “The Dark Knight,” currently breaking every box office record in history, is at some level a paean of praise to the fortitude and moral courage that has been shown by George W. Bush in this time of terror and war. Like W, Batman is vilified and despised for confronting terrorists in the only terms they understand. Like W, Batman sometimes has to push the boundaries of civil rights to deal with an emergency, certain that he will re-establish those boundaries when the emergency is past. ** And like W, Batman understands that there is no moral equivalence between a free society — in which people sometimes make the wrong choices — and a criminal sect bent on destruction. The former must be cherished even in its moments of folly; the latter must be hounded to the gates of Hell.

Holy mind meld Batmanthis is exactly what I told my husband upon leaving the theater. Great moviegreat articleclick on the link below and enjoy!

What Bush and Batman Have in Common

by Jack Lee

This week’s economic news has been pretty rough and back here in California, where the national trend always starts, well, the news was absolutely the worst. We’re still 15 billion in the hole and our State’s budget in now weeks overdue with no resolution in sight. . . .

Continue reading “FISCAL PRUDENCE ISN’T SEXY” »

Posted by Jack Lee

“Foreclosures push all home values down by an estimated 6 percent, and will contribute to national prices declining another 15 percent by the end of 2009, Ethan Harris and Michelle Meyer, Lehman Brothers Holdings Inc. economists in New York, said in a report yesterday.” Bloomberg News

Buyers are showing hesitation because this doesn’t seem the best time to buy, home prices are still falling and they could be off another 15% by the end of 09. That could represent a $60,000 loss in a little over 18 months from now on a $400,000 home purchase. And if it were not buyers hesitating, we have lenders unsure who to lend to and that has the real estate market in bad shape!

Posted by Jack Lee

July 25 (Bloomberg) — U.S. foreclosure filings more than doubled in the second quarter from a year earlier as falling home prices left borrowers owing more on mortgages than their properties were worth.

One in every 171 households was foreclosed on, received a default notice or was warned of a pending auction. That was an increase of 121 percent from a year earlier and 14 percent from the first quarter, RealtyTrac Inc. said today in a statement. Almost 740,000 properties were in some stage of foreclosure, the most since the Irvine, California-based data company began reporting in January 2005.

“Rising foreclosures are putting downward pressure on prices, increasing the possibility that homeowners will go upside- down on their mortgages,” said Sheryl King, chief U.S. economist at Merrill Lynch & Co. in New York. “That will cause more losses in mortgage portfolios and less willingness from investors to securitize mortgages and therefore fewer mortgages.”

About 25 million U.S. homeowners risk owing more than the value of their homes, according to Bill Gross, manager of the world’s biggest bond fund at Pacific Investment Management Co. That would make it impossible for them to negotiate better loan terms or sell their property without contributing cash to the transaction.