Today Senator Conyers decided not to launch an investigation into ACORN. Great move senator. Way to cave to pressure. ACORN is facing charges of voter fraud in 14 different states and they have a history of embezlement. But why would we want to investigate them? Instead of that let's give them more money. Yes, that sounds like a brilliant idea.
When Conyers announced that he would not be investigating ACORN what he was really saying was that he could be bought and that ACORN and the other senators on the committee had paid his price. There is no excuse for not investigation this organization.
If ACORN were a publicly traded company instead of a supposedly not for profit group, then they would be all over this in a heartbeat. They'd already have fired the CEO and started congressional hearings and an independent council for review. And the federal government would also own at least 51% of the stock. But instead, it's an organization that gives big campaign contributions and works to get out the vote for them. So does the integrity, or even the legality, of their process really matter? I guess not. We've already heard from strong armed debt holders in the Chrysler mess that Obama is the most "ends justify the means" person ever. Well, this is definitely a case of the ends justifying the means, at least as far as congress is concerned.
This display of congressional corruption is shocking in it's total lack of discretion. Not only are they not going to investigate, but they are pushing hard to give them more of our money.
Write your congressmen and demand the investigation into ACORN and to stop any possible funding.
Showing posts with label Chrysler. Show all posts
Showing posts with label Chrysler. Show all posts
Friday, May 8, 2009
Monday, May 4, 2009
How Dare You Expect To Be Paid Back!
The other day, President Obama spoke out against those debt holders who would not accept pennies on the dollar for the Chrysler debt they held. He spoke very harshly about their insistance that they could get a better deal in bankruptcy court and held them (and of course not the company itself) responsible for Chrysler's bankruptcy.
Well first, these debt holders were supposed to be first in line to get repaid and they were getting the worst deal. Where's his touted fairness in that? Second, they are responsible for 401Ks (possibly yours) and they were doing the right thing by their customers. But when Obama said he didn't stand with them what he was really saying was that he was incensed that they would expect to be paid for the debt they bought.
This is really interesting considering that at the same time Obama is spending money we don't have and relying on other countries to buy our debt in order to do that. So on the one hand he's asking for countries to buy our debt and on the other hand admonishing debt holders for expecting to be paid. What message do you think this sent to China? I believe what China heard was "Don't ever expect to get paid back for this debt you're buying." Paradoxically, China is no longer all that interested in buying our debt. So now we've spent trillions of dollars we don't have and our credit has dried up. This could get really interesting.
But this is just another example of President Obama having one set of standards for himself and another for everybody else.
Educate yourself and speak out.
Educate and inform the whole mass of the people... They are the only sure reliance for the preservation of our liberty. - Thomas Jefferson
Well first, these debt holders were supposed to be first in line to get repaid and they were getting the worst deal. Where's his touted fairness in that? Second, they are responsible for 401Ks (possibly yours) and they were doing the right thing by their customers. But when Obama said he didn't stand with them what he was really saying was that he was incensed that they would expect to be paid for the debt they bought.
This is really interesting considering that at the same time Obama is spending money we don't have and relying on other countries to buy our debt in order to do that. So on the one hand he's asking for countries to buy our debt and on the other hand admonishing debt holders for expecting to be paid. What message do you think this sent to China? I believe what China heard was "Don't ever expect to get paid back for this debt you're buying." Paradoxically, China is no longer all that interested in buying our debt. So now we've spent trillions of dollars we don't have and our credit has dried up. This could get really interesting.
But this is just another example of President Obama having one set of standards for himself and another for everybody else.
Educate yourself and speak out.
Educate and inform the whole mass of the people... They are the only sure reliance for the preservation of our liberty. - Thomas Jefferson
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