Consistency Is The Name Of The Game

If Barack Hussein Obama is all about redistributing the wealth, then why doesn't he take some of his $150,000,000 contributed to his campaign and give it to McCain who settled for the federal money totalling $86,000,000. If Obama is so much about change, then why is he accepting money from political groups when he originally said he would not. Furthermore, if he is so "concerned" about others, then why does he not give some of his $150 million to fellow Democrats as Harry Reid has asked him to do. It seems that what is good for us (a redistribution of the wealth, a.k.a. socialism) is not good for Obama. Maybe he's not so different from all those other politicians. Well, so much for change...

Way To Go...

Thanks to the "High Court" of Connecticut, there are now three states that have legalized gay "marriage." (If you can't hear the sarcasm in my voice, believe me...it is there.) Thanks to judges believing they are above the people, Constitution, and God, we have a country that is being run into the ground. (Oh I know - they are not the only reason, but they are at least a big one.)

We wonder why our nation is going down the drains, and then events like this happen. How in the world can anyone even argue for a gay "marriage"? That does not even fit the definition of marriage (marry = to join as husband and wife; [thanks Webster!]).

Well, while this happens, the Italian Prime Minister is now saying that the world financial markets need to close while the leaders of the world meet this weekend to form a new global financial system. Hmmm...

Well, at least Glenn Beck spoke passionately about the return of Christ on his nationally syndicated television show. Go Glenn!!!

In case you can't tell, I'm more than frustrated with our nation. I love it, but I'm FRUSTRATED and ANGRY at how our nation has been stolen from us by the socialists and de facto communists! Maybe it's time for a new revolution of the people. After all, isn't this nation based on "We the people..."?!?

Common Sense Plan by Dave Ramsey

(The following is Step 2 of Dave Ramsey's "3 Steps To Change The Nation Future". Step 1 is prayer for our leaders. Step 2 includes sending this plan to Congress. Step 3 is to send this plan to others.)

Years of bad decisions and stupid mistakes have created an economic nightmare in this country, but $700 billion in new debt is not the answer. As a tax-paying American citizen, I will not support any congressperson who votes to implement such a policy. Instead, I submit the following three steps:

I. INSURANCE
A. Insure the subprime bonds/mortgages with an underlying FHA-type insurance. Government-insured and backed loans would have an instant market all over the world, creating immediate and needed liquidity.
B. In order for a company to accept the government-backed insurance, they must do two things:
1. Rewrite any mortgage that is more than three months delinquent to a 6% fixed-rate mortgage.
a. Roll all back payments with no late fees or legal costs into the balance. This brings homeowners current and allows them a chance to keep their homes.
b. Cancel all prepayment penalties to encourage refinancing or the sale of the property to pay off the bad loan. In the event of foreclosure or short sale, the borrower will not be held liable for any deficit balance. FHA does this now, and that encourages mortgage companies to go the extra mile while
working with the borrower—again limiting foreclosures and ruined lives.
2. Cancel ALL golden parachutes of EXISTING and FUTURE CEOs and executive team members as long as the company holds these government-insured bonds/mortgages. This keeps underperforming executives from being paid when they don’t do their jobs.
C. This backstop will cost less than $50 billion—a small fraction of the current proposal.

II. MARK TO MARKET
A. Remove mark to market accounting rules for two years on only subprime Tier III bonds/mortgages. This keeps companies from being forced to artificially mark down bonds/mortgages below the value of the underlying mortgages and real estate.
B. This move creates patience in the market and has an immediate stabilizing effect on failing and ailing banks—and it costs the taxpayer nothing.

III. CAPITAL GAINS TAX
A. Remove the capital gains tax completely. Investors will flood the real estate and stock market in search of tax-free profits, creating tremendous—and immediate—liquidity in the markets. Again, this costs the taxpayer nothing.
B. This move will be seen as a lightning rod politically because many will say it is helping the rich. The truth is the rich will benefit, but it will be their money that stimulates the economy. This will enable all Americans to have more stable jobs and retirement investments that go up instead of down.

This is not a time for envy, and it’s not a time for politics. It’s time for all of us, as Americans, to
stand up, speak out, and fix this mess.

(Further explanation and usage of the above plan can be found at Dave Ramsey's website.)