John McCain's McLying Game

Oh John, John, John ... you little maverick you! Big talk about wanting to be the new sheriff in town who has come to clean-up wild, wild Washington! Well giddy-up pardner!

It seems as though Sheriff John McCain, with his ten gallon hat and eleven gallon head, is not much different than the rest of those bad boys in Washington.

McCain started his campaign expressing his hope that the presidential campaign would not become sleazy. Well "holy talking out of the both sides of your mouth Batman." In fact, McCain's lies have traveled the full spectrum from annoying to the sleazy. Even the New York Times editorial board are calling John McCain a liar!

Let's check out some of the things which Sheriff McCain has said;

• 38 million American's heard Obama say in his speech at the Democratic National Convention that he was open to off-shore oil-drilling and the building of new nuclear-power plants. Then McCain in his own acceptance speech said that Obama was opposed to both of these potential options. Perhaps not a lie and just a senior moment.
• McCain is big on talking about supporting and protecting American workers. Yet Sheriff McCain supported the foreign buyout of an American company in Wilmington, Ohio which led to the loss of thousands of jobs.
• McCain says that Obama favors a government-run health-care system ... another lie! In fact Obama wants a market-based system subsidized by the government whereby there would be increased government regulation of the drug and insurance industries.
• McCain really turned sleazy when he ran a television ad claiming that Obama favored "comprehensive" sex education for kindergartners. In fact Obama favored a bill that would have warned kindergartners about sexual predators and improper touching. A big difference wouldn't you say?
• Obama, in talking about McCain's effort to remarket his economic policies, said that it was like putting "lipstick on a pig" McCain then accussed Obama of referring to Sara Palin. My personal opinion is that if the lipstick fits ..........couldn't resist that cheap shot.
• McCain is accussing the "elite media" for spreading rumors about Palin's personal life. In fact Palin rumors are originating in the blogosphere and the tabloid press.
• McCain has been contrasting his ALLEGED FOREIGN POLICY EXPERTISE and toughness with Obama's inexperience and alleged weakness. McCain wants to "win" the Iraq war and face down the Iranians. Then a funny thing happened on the way to the forum. The Iraqis said that they favored Obama's withdrawal plan, and surprise of surprises, Bush and the Boys started talking to the Iranians. So what does McCain do? He questions Obama's patriotism. saying that Obama would rather lose a war than lose the presidential election. HuH???
• When the financial crisis blew-up in America's face this week, Sheriff McCain in all of his sartotial splendor and righteous indignation promised, that when he went to Washington as president, he would clean-up all of the gypsies, tramps and thieves on Wall Street through stringent government over-sight and increased regulations. The trouble is that over the years Sheriff McCain has been one of the biggest proponents of deregulating Wall Street. In fact, John McCain was an effective gog in the wheel which set the financial deregulation table in the first place so that the Wall Street psychopaths in their Armani suits could dine like kings ... only this week they are dining-out on the taxpayers tab!

These are but a few examples. John McCain's campaign has been a never ending series of demeaning ads and a daily dose of widely documented and exposed McLies! This from a man who claimed that this was the type of election campaign which he did not want to run in the first place.

In my opinion, John McCain has raised serious questions about whether he has the character needed to lead America out of its current difficulties and challenges.

When a military "hero" is prepared to lie and to wallow in the mud in order to become president, he is not the principled maverick which he claims to be, but rather just another part of the sorry, self-serving Washington crowd which he claims not to be a part of. And that is probably the biggest McLie of all!

Planet Earth to: Clinton, Obama and McCain

It's time that the three presidential hopefuls stopped shoveling-out the back of their manure trucks.

Enough already with the tripe, fluff, platitudes, accusations and mud that the 3 amigos have been slinging.

Enough already with the dreams, the experience, the phone calls at 3 in the morning .... blah, blah, blah, blah!

America is in very deep trouble and she needs a PRESIDENT WITH STONES who will tell American's just how deep the pile is that they are currently standing in and how America will get out of it.

I haven't heard any one of the presidential candidates offer specific solutions to;

• putting the brakes on the price of oil which is skyrocketing to levels that will inflate everything out of sight.
• putting a stop to price fixing amongst the big oil companies.
• increasing refinery capacity to reduce prices at the pumps.
• food prices which continue to skyrocket thus putting a huge damper on family spending. Between 2006 - 2007, food prices have soared 40%. That's just plain criminal.
• the bio-fuel scam.
• speaking about scams, when is a future President going to shut down that privately owned corporation known as the Fed - see my series on the Fed.
• this year's accelerating inflation rate.
• medical insurance and health care costs which are heading for the stratosphere.
• no new home equity lines of credit being offered.
• existing lines of credit being shut down.
• 2.5 trillion in losses to U.S. home values so far.
• the destruction of the U.S. dollar around the globe.
• the trillions in losses which are about to hit the U.S. economy from the imminent collapse of prime mortgage-backed bonds and derivitives.
• to prevent taxpayers from being taken to the cleaners by having to pay for the bailouts of investment banks, failed financial institutions and the bankruptcy of government mortgage-insuring, deposit-insuring and pension-insuring agencies.
• to prevent hyperinflation.
• to prevent the national debt from doubling and tripling over the next decade.
• to stop the off-shoring of American jobs
• to call out Bush and Cheney on their plan to start yet another war this time in Iran. Heaven help us all. After 5 years, billions of dollars and over 4,000 lives, the United States of America can't even control the city of Baghdad ... one single solitary city... never mind the country of Iraq. How incompetent is that?

This list could be much longer but the hour is late and I'm becoming more agitated and cantankerous. Let me just end this blog by saying that when it comes to any one of the 3 presidential hopefuls intelligently addressing any one of these few issues and presenting a viable solution, the silence has been quite deafening!

America you deserve better than Obama, Clinton or McCain.

Race for the White House: Who's giving Money to Who!

There's a fabulous web site that is definately worth visiting - http://www.opensecrets.org

It's the web site of the Center for Responsive Politics. There you will find complete campaign finance reports for the presidential candidates. I was fascinated to find out who's contributing to whom, what the candidates are spending and where, who the heavy hitters are, etc.

I was surprised to learn that the Lobbyists overwhelmingly love Hillary, contributing $764,142 to her campaign while donating only $87,108 to Obama, $422,276 to McCain and a whopping $300 to Ron Paul ... was it something that Ron said?

The Lawyers and law firms are Billary's single biggest fans ponying up a mere $12,452,460 to get her nominated. Obama received $9,732,282 ... boy those lawyers have bucks to toss around. McCain received $2,557,661 and then they sent Ron Paul $237,275... I guess at this point they simply ran out of bucks!

Here's what really sticks out like a sore thumb. The lobbyists, lawyers, commercial banks, hedge funds, real estate, and the securities and investments sectors are really dumping on Ron Paul, the man who has promised to uphold the Constitution of the United States by shutting down and abolishing the Federal Reserve.

When the big boys try to make Ron Paul irrelevant, perhaps the alarm bells should go off, and America would be served well by taking a close look at what Ron Paul stands for.

25 Reasons why America is slowly Tanking!

01: The Dow, S&P 500 and the Nasdaq have lost all of their 2007 gains in the first 4 weeks of 2008. We'll see the Dow at 9,500 to 10,500 this year.

02: Gold has gained 43.2% and silver has gained 26.1%. Look for gold to hit $3,000/ounce by this time in 2010 and silver will be over $100/ounce.

03: Real estate markets are virtually dead with record levels of inventory. Housing prices will continue to fall for another 2 to 4 years depending upon what action(s) the government is prepared to take and whether or not those actions make sense in the first place.

04: Hundreds of billions in mortgages are due for readjustment to unaffordable levels for millions of homeowners.

05: Defaults on all types of debt are significantly increasing.

06: Consumers are buried in debt with little or no savings. There is an erosion of consumer confidence.

07: Credit markets are frozen.

08: M3 is about 16% (not published - see note at the bottom of this post)

09: Banks are writing-off or writing down tens-of-billions in subprime losses, bad mortgages and loans.

10: Tens-upon-tens of trillions of potential derivative losses are looming just around the corner.

11: The American dollar is tanking with no end in sight. It will probably bottom-out somewhere between 40 to 50 on the USDX from its current position of 75.8.

12: State budgets are running massive deficits and some are close to bankruptcy.

13: The national debt and trade deficits are completely out of control.

14: There is very little left from the manufacturing sector.

15: Unemployment is growing.

16: Off-shoring and outsourcing continue to eliminate the better-paying sectors.

17: Because of outsourcing, a lower dollar will not give American exports an advantage, because there's not much in the way of exports to begin with. So if the dollar is pegged at 55, the GDP would only increase by 1/2% at the top end.

18: Wages will remain stagnant.

19: Oil prices will continue to climb. Look for $125 - $130/barrel this year.

20: There will be price increases for most commodities.

21: Food prices are now at record highs.

22: Irresponsible and unresponsive government. The recent "economic stimulation" package is merely a drop in the ocean. It is not enough to cause any type of permanent improvement in the plight that Americans now find themselves in. As far as I'm concerned it is a PR package pure and simple to help the Republicans in the upcoming presidential election.

23: The Federal Reserve, which is neither Federal nor a Reserve, but rather a privately owned central banking system owned by a cabal of 12 banks with the power granted to it by government to create print and manage Americas money supply, is driving America further in debt each and every day. The Fed is, was and continues to be the biggest scam ever foisted on America. Google it and be surprised at what you will learn. And these greedy clowns control your life through your economic well-being or lack thereof. By the way, even the courts have ruled that the Fed is NOT part of the government.

24: Rampant illegal immigration is providing a source of cheap labour.

25: Perpetual abscence of talented and knowledgeable leadership in Washington today and in the foreseeable future. Listen to President Bush, Billary Clinton, Obama, McCain, Romney, and Huckabee. Now ask yourself ... is this the best that America can do? Can any one of these people fix America's problems or are they in varying degrees part of the problem?

NOTE:

In the U.S. the Federal Reserve defines (what a surprise) the measures of money supply within 4 categories:

MO: total of all physical currency plus accounts at the central bank that can be exchanged for physical currency.

M1: MO plus those portions of MO held as reserves or vault cash plus the amount in demand accounts (Checking or current accounts)

M2: M1 plus most savings accounts, money market accounts and time deposits (certificates of deposit) under $100,000

M3: M2 plus all other CD's, deposits of eurodollars and repurchase agreements.

The Fed stopped publishing M3 stats in March 2006 (My gosh another surprise) explaining that it costs too much to collect the data and that it doesn't provide significantly useful information ... really?