Hardly Ineffable

Wait – I thought voter fraud allegations were just right-wing scare tactics to push anti-minority voter [...]

Drum roll, please…

The Houston Area Conservatives website has finally launched.  

Houston Area Conservatives is the grassroots solution to the tax and spend philosophy of government. HAC encourages young Americans to vote for officials that work to lower taxes, cut spending and streamline government. Founded in 2008 by four individuals disillusioned by the status quo, the group organized HAC [...]

I actually agree with Maureen Dowd:

In his statement, [John Edwards] bleats: “You cannot beat me up more than I have already beaten up myself. I have been stripped bare.” Isn’t stripping bare how he got into [...]

So let me get this straight:  The Los Angeles City Council has just passed an ordinance prohibiting construction of new fast-food restaurants in a 32 square mile area inhabited by a half a million low income American citizens.

In otherwords, the US Government says it is legal to open a successful business that is popular with consumers in wealthy, white-dominated [...]

Hindsight is always 20:20.  I always thought that Hillary was going to win the primary.  The Clintons had beated or co-opted the Republicans so many times, I assumed that she was going to do the same to her Democratic opponents in 2008.  I was obviously wrong on that count.

But should we have seen Obama winning the primary?  And when I’m [...]

The Good:
Gotta love free market in people, property and ideas: Houston, New York has a problem. 

The Bad:
You know Obama’s respectful prayer left at the Wailing Wall that was wrong leaked by money-grubbing reporters?  Turns out Obama’s campaign was behind it all.

The Ugly:
Senator Ted Stevens is indicted on seven counts.  Corruption investigations have swirrled around much of [...]

The Fannie Mae Gang
By PAUL A. GIGOT
July 23, 2008; Page A17

Angelo Mozilo was in one of his Napoleonic moods. It was October 2003, and the CEO of Countrywide Financial was berating me for The Wall Street Journal’s editorials raising doubts about the accounting of Fannie Mae. I had just been introduced to him by Franklin Raines, then the CEO of Fannie, whom I had run into by chance at a reception hosted by the Business Council, the CEO group that had invited me to moderate a couple of panels.

Mr. Mozilo loudly declared that I didn’t know what I was talking about, that I didn’t understand accounting or the mortgage markets, and that I was in the pocket of Fannie’s competitors, among other insults. Mr. Raines, always smoother than Mr. Mozilo, politely intervened to avoid an extended argument, and Countrywide’s bantam rooster strutted off.

I’ve thought about that episode more than once recently amid the meltdown and government rescue of Fannie and its sibling, Freddie Mac. Trying to defend the mortgage giants, Paul Krugman of the New York Times recently wrote, “What you need to know here is that the right — the WSJ editorial page, Heritage, etc. — hates, hates, hates Fannie and Freddie. Why? Because they don’t want quasi-public entities competing with Angelo Mozilo.”

That’s a howler even by Mr. Krugman’s standards. Fannie Mae and Mr. Mozilo weren’t competitors; they were partners. Fannie helped to make Countrywide as profitable as it once was by buying its mortgages in bulk. Mr. Raines — following predecessor Jim Johnson — and Mr. Mozilo made each other rich. Which explains why Mr. Johnson could feel so comfortable asking Sen. Kent Conrad (D., N.D.) to discuss a sweetheart mortgage with Mr. Mozilo, and also explains the Mozilo-Raines tag team in 2003.

Continue reading The Fannie Mae Gang vs WSJ

From the Washington Post:

If the presidential election were being held today, for whom would you vote:

June 2004: Bush 42, Kerry 48
June 2008: McCain 42, [...]

Here’s an interesting interview with William Shatner.

And another interesting article with advice for the [...]

I have finally taken the plunge and sent some $$ John McCain’s way.  And now I even have my own McCainSpace!  Come, join me and send a few bucks his way.  $25 or even $50 is a [...]