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>Honesty Can Save America

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By Don White
The word “honesty” means telling the truth at all times. To be honest, we can’t be honest one day and dishonest another. The standard of honesty is found in the Bible and other holy scripture. Why aren’t we reading scriptures to our children? We are supposed to be teaching the Ten Commandments, which includes honesty, to our children in our homes, schools and churches, but where have we fallen short the past 40 years?

The libs have tried to overturn God, have taken prayer and The Ten Commandments out of public places–and look what a mess they’ve made.


Honesty in high places is missing.
Today the Wall Street Journal reported on an email written by Enrico Dallavecchia, then chief risk officer of Fannie Mae. He had done an audit and wrote in a July 2007 email to Michael Williams, chief operating officer, that Fannie “has one of the weakest control processes I ever witness (sic) in my career,”
Did CEO Franklin Raines act on that information? No! He ignored it and, consequently, he not only lost his job but his entire business had to be rescued by Washington.

But that’s not the worst of it—think of the millions of people who got house loans based on Fanny backing they could not afford. These are the very things that brought our country to its knees in the financial meltdown that is still going on.

These business leaders were too intent on making big short-term profits—and obscene multi-million-dollar bonuses and salaries– at the expense of danger signals they were receiving. They had to have had some inkling of thought that the housing bubble would not last forever and that things would degenerate into collapse of their companies and perhaps, ultimately, of the entire American financial system. To put it bluntly, they were outright dishonest.
God gave each of us a little brain button called a conscience. When we act on impulses from our consciences, we do the right thing, thus strengthening our ability to hear our conscience in the future. When we don’t, disaster always follows. Proverbs.19:5,9 states “a false witness will not go unpunished.” Constant ignoring of our conscience leads to what people say about most of Washington: “Oh, them? They don’t have a conscience.”

And yesterday Raines was trying to put the whole debacle onto regulators when he was the man in charge and the only man who could have straightened it out if he had only been honest.

Honesty in little things leads to honesty in big things, and vice versa. When you see photos of people like Barney Frank, Chuck Schumer, and Charlie Rangle in the newspapers trying to explain away the fact that they arranged to get Mae and Mac and government entities to help the “poor” get the same “rights” as rich Americans, you can understand why we are in the mess we’re in.

The difference between the poor and the rich in these situations is that the poor cannot afford to own a house—even if forced on them by the Democrats. The so-called rich are more responsible than the poor—they pay their mortgages every month, they hold jobs, accumulate money to own a home and the poor do not.

It was dishonest of the Democrats to start the ball rolling towards home ownership for all people—whether they could pay for it or not. These Democrats aren’t complete idiots. They knew it would come back and bite them, except they dragged along a scapegoat, George Bush, who made our destruction a fait accompli by caving to the Democrats.

But in defense of George and Hank Paulson, John McCain and others, they introduced bills in Congress to tighten up loan requirements twice—once in 2005 and again in 2006. Both times Congress—mostly the Democrats who have been in power for the past two years—sneered at it and kept it tied up in conference so the bill couldn’t come to a vote.

This was part of the wearing down process for Bush. Someone innocently asked: “Is this guy back on drugs?” Bush effectively lied to his constituency—he ran as a conservative and for nine months has ruled as a socialist. I’m a conservative and if there was more time left on his term I would join with what’s left of the honest in Congress asking for the impeachment of not only Bush, but of Barney, Chuck, Nancy, Harry, Kennedy, Carey, and most of the Democratic Party. What’s the answer? term limits, no more than two terms.

What about honest Americans who pay their mortgages—and end up holding the bag for those who don’t? What do we do in these trying times? We go home each night and bring out the scriptures and again start teaching basic principles of Judeo-Christian law. It’s not too late to teach honesty in the home and insist on principles of truth and righteousness, of having all instructors teaching it in K1 through 12. That’s why it is necessary to re-introduce God into the classroom.

The atheists, Bill Ayers-type terrorists and others who argue against a loving God and intelligent design are arguing against teaching basic honesty and goodness backed up by standards of God found in the Bible that can’t be changed with every political wind that blows down morally bankrupt Chicago and Springfield, Illinois streets where governors are regularly tossed out of office for dishonesty, corruption, and abuse of power.

>Democrats Don’t Know "Clean and Quick"

>WASHINGTON – Just as expected, Democrats want to load a lot of patronizing pork onto the Bush bill to bail out Wall Street and America’s Banks.

Treasury Secretary Henry Paulson can resist the Democrats all he wants, but in the end this won’t be a quick bailout. On Saturday he requested that it be “clean and quick.” That is the approval process. But Democrats don’t know “clean and quick.” Nothing is clean with the Dems. They can see a lot of political hay and pork that needs harvesting with this bailout and they want their pound of flesh, contrary to the Administration that merely wants to solve the credit problem before main street business grinds to a halt and we have more Americans laid off. These businesses need bank loans to survive, and the banks need taxpayer help to survive. The people will also benefit by keeping their jobs. It’s easy to see for all but the Democrats because they live in another world.

I’m an attorney and yesterday I gave the American public a legal opinion. In it I said the three-page proposed bill gives Secretary Paulson authority to set up an apparatus as he sees fit, operate the bailout as he sees fit–devoid of pork for this state and pork for that one, which is good–and to spend $700 billion dollars to get American business and jobs back on track.

Democrats have an uncanny way of twisting things. They want to sell this as also direct bailout of people so they don’t have to pay for the mortgage agreements they made. In other words, Dems would compound the problem that they created in the first place. That would really be something, wouldn’t it?

But if the Democrats will just back off, that’s exactly what Paulson will be empowered to do. He will solve the problem which is systemic. Democrats believe it is not a problem with the system. They don’t have any idea of how the free enterprise system works. All they can see is windfall pork for them to pass around.

Paulson is going around to all the talk shows today talking up the urgency that this proposal has. If it’s not passed quickly, you can kiss goodbye to millions of jobs which are with employers depending on banks for loans. But, hey, isn’t that just what the Democrats want. They want more failure of the economy during the Bush administration so they can play the blame game and make people believe the Republicans caused it and don’t know how to handle the problem.

See, Democrats envision a world much different than the average American. They feel that while we the taxpayers are bailing out the stupid mistakes of agreeing with Charlie Rangle and Barney Frank that America’s better off half owed it to the poor to see to it they could own a house (thus the bills they passed to lower loan standards), that there must be something in it for politicians. I pegged the blame yesterday on the liberal Democrats. The losse credit situation caused the financial crisis and those loose credit rules were the brainchild of those who spout all this racial inequality stuff (Democrats and their ilk). Somehow, they feel it their inalienable right to deny you of your money by higher taxes and to redistribute the wealth of many directly to the poor in this crisis.

The poor will benefit if the banks are bailed out. They will be able to get out from under their loans. Some may even end up owning the houses they bought, but at far better terms–if Democrats stand aside and leave Paulson to his work.

Paulson said Sunday that because financial markets remain under severe stress there is an urgent need for Congress to act quickly without adding other measures that could slow down passage.

Paulson said in an interview on ABC’s “This Week that “We need this to be clean and to be quick,”

Paulson resisted suggestions being made by Democrats that the program be changed to include further relief for homeowners facing mortgage foreclosures and to include an additional $50 billion stimulus effort. Some Democrats have also suggested capping compensation of executives at firms who get the bailout help.

Paulson said he was concerned that debate over adding all of those proposals would slow the economy down, delaying the rescue effort that is so urgently needed to get financial markets moving again.

“The biggest help we can give the American people right now is to stabilize the financial system,” Paulson said.

Then Sen. Charles Schumer, D-N.Y., weighed in, saying that he believed there would be changes to the three-page Paulson plan and that agreement could be reached quickly. The more changes, the longer the bill, the better for Democrats. They like it long and complicated, so no one understands it except the politicos. Then the Dems can work their magic and squeeze out of it patronage for them. That’s what this Democrat delay game is all about, and nothing more. They’re always thinking, what’s in it for me?

Schumer said that he was pushing to get a provision where the government would receive stock warrants in return for the bailout relief and for creation of a government oversight board to supervise the huge operation, which under Paulson’s plan would be run out of the Treasury Department. He said Paulson seemed receptive to changes when he had discussed his ideas with him. Maybe Schumer should read Title 5, section 3109. There are already provision for Congressional oversight. But it happens every three months. Americans would hate it if Democrats tied this thing up in controversy and hearings at every turn of events. Plain and simple, this is a bill to allow a highly qualified man to add money to the credit markets and to do it in an expeditious manner. Too many hands in the pie spoil the pie.

“I have told him … we need changes related to housing, we need to put the taxpayer first ahead of bondholders, shareholders,” Schumer said on “Fox News Sunday.” This is typical Democrat talk. THE TAXPAYER IS FIRST INSTEAD OF THE SHAREHOLDERS, DUMMY. Shareholders have lost their shirts, or hasn’t Sen Schumer noticed? Taxpayers, all of us, are going to benefit if Bush’s bill passes intact. We will not benefit if this thing is laboriously delayed and more and more companies go belly up due to Democrat haggling and delay. If that happens, a lot of Democrats may lose their jobs quickly–and I’m talking about November 6th.

Paulson said in the interviews that he had been talking to other governments about the need for them to offer similar relief because the current financial crisis is global.

“The credit markets are still very fragile right now and frozen,” Paulson said in an interview on NBC’s Meet the Press. “We need to deal with this and deal with it quickly.”

Paulson said that the nation’s outdated regulatory system for financial markets must be overhauled but the first job is to get the most sweeping rescue package since the Great Depression passed by Congress in coming days.

Paulson made the rounds of the television talk shows on Sunday to stress the need for speed in getting the bailout package approved. The administration was negotiating the details of the proposal with members of Congress with the expectation that it can be passed in the next week.

Paulson said that “it pains me tremendously to have the American taxpayer put in this position but it is better than the alternative.”

Both Paulson and President Bush have argued that the alternative would be credit markets that remain frozen, meaning that businesses will fail because they can’t get the loans they need to operate and the economy will grind to a halt because consumers won’t be able to get loans to make the purchases that keep the economy moving forward.

On Saturday, Bush said the White House is ready to work with Congress to quickly enact legislation to allow the government to purchase hundreds of billions of dollars worth of bad debt linked to the collapse of the housing market.

Congressional aides and administration officials were working through the weekend to fill in the details of the proposal.

>Gas Prices–We Get What We Deserve

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The Gas Prices We Deserve

Washington–Writer George F. Will of the Washington Post is right: rising gas and oil prices are a function of either inaction or faulty thinking of the Democrats.

He noted that New York Democrat Chuck Schumer rose in the Senate and tried to explain: “I rise to discuss rising energy prices.” Will said “the president was heading to Saudi Arabia to seek an increase in its oil production, and Schumer’s gorge was rising.”

Saudi Arabia, he said, “holds the key to reducing gasoline prices at home in the short term.” Therefore arms sales to that kingdom should be blocked unless it “increases its oil production by one million barrels per day,” which would cause the price of gasoline to fall “50 cents a gallon almost immediately.”

The ever astute Will asked: Can a senator, with so many things on his mind, know so precisely how the price of gasoline would respond to that increase in the oil supply? “Schumer does know,” he said, “that if you increase the supply of something, the price of it probably will fall. That is why he and 96 other senators recently voted to increase the supply of oil on the market by stopping the flow of oil into the Strategic Petroleum Reserve, which protects against major physical interruptions. Seventy-one of the 97 senators who voted to stop filling the reserve also oppose drilling in the Arctic National Wildlife Refuge.”
If in 1995 President Bill Clinton had not vetoed legislation to permit drilling there, one million barrels is what might today be flowing from ANWR. Figure it out–one million barrels produce 27 million gallons of gasoline and diesel fuel. Seventy-two of today’s senators — including Schumer, of course, and 38 other Democrats, including Barack Obama, and 33 Republicans, including John McCain — have voted to keep ANWR’s estimated 10.4 billion barrels of oil off the market. Do they know something the rest of the world doesn’t know?

No, they don’t. They are just being stupid. Will believes that Schumer, according to Schumer, is complicit in taking $10 away from every American who buys 20 gallons of gasoline. “Democracy,” said H.L. Mencken, “is the theory that the common people know what they want and deserve to get it good and hard.”

Will says, “The common people of New York want Schumer to be their senator, so they should pipe down about gasoline prices, which are a predictable consequence of their political choice.”
Click below to read the rest of this fine article by Georg Will:
http://www.washingtonpost.com/wp-dyn/content/article/2008/06/04/AR2008060403052.html?wpisrc=newsletter&wpisrc=newsletter