September 19, 2008

Draining The Swamp

Now I know why Nancy Blinky Pelosi cannot drain the swamp. Charlie Rangel and William Cold Cash Jefferson are clogging up the drain. Seriously, do you think that if either of these dudes were white and Republican that they would still be in Congress? The LSM would be demanding their resignations on a daily basis.

Culture of corruption indeed. Worst. Congress. Ever.

Posted by denny at September 19, 2008 12:58 PM  
Comments

Culture of Corruption/Draining the Swamp...

Speaker of the House Nancy Pelosi who pledged to drain the swamp after 21 month`s of inactivity is springing into action......She is attempting to block Charlie Rangel`s requested expulsion as House way`s & Mean`s Committee Chairman & forestall any further action.

Don Surber reported Charlie had not paid any income tax`s on his vacation home in the Dominican Republic,took rent subsidies back home in Harlem even though his salary of $160,000 is clearly above guidelines,also he has his car stashed in storage at a capitol parking garage with expired plates which is also a violation of policy.
It sit`s there covered with a tarp sporting plates some five years out of date. There is also a stipulation for reporting $100.00for each month the vehicle is stored there. This could be $5000.00 in additional income .....any bets whether he reported this ?I wonder just how deep Charlie has dipped into the pocket book of the American Taxpayer?

Forgetting that when Republican`s uncover wrong doing by their Congressmen & Senators they are removed........what about Dan Rostankowski the former powerful Democrat who was tossed out for abusing his Franking privilege [Free Mailing`s], he even got prison time as I recall. Just who did he piss off that his colleagues voted to remove him. What he did was wrong but certainly does not rise to the abuse`s accepted from Democrat`s today.

Posted by: dudley1 on September 19, 2008 01:43 PM

The most troubling thing about Pelosi and Reid is that they would rather inflame a potential crisis to further their political aims, rather than attempt to solve a problem. Even worse, they will use tactics such as invasion of privacy, threats, intimidation, outright lies, limits on free speech disguised as Fairness, and race-baiting to achieve their goals. The tone that is being set is frightening and has eery similarities to tactics used by National Socialists in Germany during the 1930's. The only difference will be that the threat to this country's future will not come from Obama. He is little more than a front man for the people pulling the strings; a man whose purpose will be only to rubber stamp whatever the Liberal Elite decides. The threat lies in the radicals who are open in their hate for this country and their disdain for the people who live in it. We have seen how they operate. It might be difficult to stop them now, but it will be impossible if they get the power they crave.

Posted by: spongerob on September 19, 2008 02:57 PM

"... Even worse, they will use tactics such as invasion of privacy, threats, intimidation, outright lies, limits on free speech disguised as Fairness, and race-baiting to achieve their goals. The tone that is being set is frightening and has eery(sic) similarities to tactics used by National Socialists in Germany during the 1930's. ..."

You forgot to mention lapel pins ....-err, ... armbands!

And every Gov't bailout of the private sector is one step closer to nationalization.

Said sector gets to claim the gravy with little to no risk, while the average schmuck gets to pay for it while also losing what little wealth they might have been able to put aside for themselves and their families.

Sounds like a wealthfare state to me.

And you say it was Pelosi and Reid who did all this?

Profound.

Posted by: DanS. on September 19, 2008 05:42 PM

Well DanS famous sufferer of BDS and conservative basher,

It's only wealthfare IF the people who pay most of the taxes (ie the working class of society) are the ones that will be benefiting from this. That means SRF's like Denny, myself and many others that hang out here. If you are trying to imply this is going to negatively affect the current dregs of society that leach off the welfare state the Dims/socialist/libs have created you are flat wrong. That's not an opinion but a fact. The sooner socialists realize that it is but a small percentage of this population that pays for the bulk of it's operation, the better off you would be. Most of the people you incorrectly fear will be affected by this are actually the morons that thought they could/should have the homes and the properties they were wrongfully allowed to acquire. If I read your post correctly, you are implying that this bailout will benefit the wealthy, is that correct? If you believe that, then you have no ideas how the economy in this country works. If the wealthy class collapses, so goes the lower downs on the income bracket. That's another fact. Again, as I stated above, I'm not for this bailout. But I'm not too dumbed down to think it's benefiting just the "wealthy" as I interpret your post to mean. I think it benefits the entire country-for the immediate moment, and like you see this a dangerous trend toward nationalization, which I fear, but no way do I see this as a step to harming the low income person. As a matter of fact, this step will probably allow him to keep his/her job.

Posted by: Ray on September 19, 2008 06:35 PM

Ray:

Now where did I mention Bush, Conservatives, the 'current dregs of society', or even "the morons that thought they could/should have the homes and the properties they were wrongfully allowed to acquire."?

One argument, one observation alone is what I thought I posted:

"And every Gov't bailout of the private sector is one step closer to nationalization.

Said sector gets to claim the gravy with little to no risk, while the average schmuck gets to pay for it while also losing what little wealth they might have been able to put aside for themselves and their families.

Sounds like a wealthfare state to me."

Where did you get the ideas you expressed above?

As was posted in the original, I am just like you and Denny and thousands of others who had to jump thru hoops & play by the rules in order to qualify for our home loan(s). The key word(s) there are 'play by the rules'.

It was not I who relaxed & even overlooked those rules and I'm fairly certain it wasn't you or Denny or anyone else here. But guess who gets to 'bail out' those who did? You, me, Denny and all the rest of us.

That's wealthfare, my friend.

Posted by: DanS. on September 19, 2008 06:56 PM

DanS......

Most politician`s are crook`s & thieves but this sub prime lending crisis is a Democratic undertaking from the word go.It started in the Carter Administration when it was determined to be a good idea to extend cheap loans to people with out the means, ability, or intention to pay them back.Fannie May & Freddie mac were the instruments used to funnel money backed by the Federal Government to guarantee these loan`s.

There is nothing wrong with extending loans to people or businesses who have the collateral or mean`s to repay them.......Do you when you desire something which requires financing have to show an ability to be responsible & pay that loan back? Of course you do , this is the cornerstone of any lending institution but was tossed out the window under the Clinton Administration as a payback for political allegiance.

The fact of the matter is people who knew better were forced to go along with this debacle & those responsible enriched themselves to the tune of hundred`s of million`s of dollars.If you do the slightest research you will find two former heads of Fannie may & Freddie Mac are now Obama financial advisors. Also if you check into ACORN the group who facilitated much of the community work Obama was involved in also got millions out of this fiasco.In fact the Reverand Wright`s church got some huge donation`s & a cheap mortgage out of it.

I do not know what Harry Reid had to do with this as it is Congress, not the Senate which has oversight of the lending institutions in question. To this Nancy Pelosi certainly had to know what was developing.

You are correct in what you posted regarding each Goverment bailout is one step closer to nationalization which more appropriately means a Socialist State. Unfortunately the money in question is gone , there is no way short of a goverment bailout this will be resolved.
The problem is those who created this mess will be in charge of straightening it out.There will be no blame, no accountability, no recovery of the illgotten gain`s from those who were in charge. Bird`s of a feather who stick together cover each other `s asses.

DanS.....You can be damn sure if Obama win`s the Presidency, this crap will not only continue but through his tax policies increase as a proven way to gain political influence & allies.......all at our expense. This is why we are against him , his policies & his idea`s. There will be no change , just the same all shell game repackaged.

Posted by: dudley1 on September 19, 2008 07:43 PM

I agree with DanS as well that this is a step toward nationalization. I do depart on who got hurt here. The CEO of Bear Stearns lost 980 million. The CEO of Lehaman lost almost 600 million .....and the grandaddy of them all, Hank Greenburg, is down a coll 6 billion dollars.

For years investment banks have inhaled our best and brightest with huge money. Most of them now have lost huge money. Many young MBA's are now out on the streets looking for work. Their buffet is over. Commercial banks will most likely own the investment banks in a short time.

Like Ray, I don't like the bailout either. I will maintain though that we are likely to have some pretty smart people involved in productive endeavors. that is a good thing. The days of seven figures sipping wine with buffy in the Hamptons are done. I'm glad for that.

Posted by: patrick on September 19, 2008 08:28 PM

OOP`S......


I posted the subprime mess started under the Carter administration.....I of course meant the Clinton Administration. Sorry Billy & Hilly .....I am not letting your friend`s off the hook.

Posted by: dudley1 on September 19, 2008 09:26 PM

Tisk, tisk... I guess Chuck is above the law?

The hits keep coming for Congressman Charlie Rangel. The New York Post reports the chairman of the House Ways and Means Committee has been using a congressional parking garage for years as free storage for his old Mercedes-Benz.

A Dim claiming to be for The People while raping The People? Say it aint so! That's impossible...

I'm flabbergasted, I tell you... Flabbergasted!

I wonder if he has those cool spinny-wheels on that Benz too.

Posted by: CharlieDelta on September 20, 2008 06:18 AM

Rangel is usually a goof but he does something decent every now and then. He called shamalamadingdong out when he insulted President Bush at the UN. And he is a Korean war vet. Let me tell Dans:
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Posted by: vetfromhell on September 20, 2008 07:48 AM

Rangel paid part of his tax bill, now will he pay the thousands he ripped off from the taxpayers for storage of his private car. It was towed last week from the 'government' funded garage. Peeeloshi is incapable of taking care of the house. Like the ole saying "it's hard to drain the swamp when you're up to your a** in alligators", especially when you're one of the alligators (criminals).

Reid is great during a financial crisis, wringing his hands and stating 'no one knows what to do'. Time to replace these criminal turkeys with people who 'know what to do'.

Posted by: Scrapiron on September 21, 2008 10:32 AM
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