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27th September 2008

1:49pm: Obama Truth Squad. Now with Law Enforcement!
The Obama Campaign in at least Missouri is using local law enforcement to get out the message. Specifically to respond to ads that are aired and the campaign deems is false. They're using at least two district attorneys, sheriffs officers and police.

Law enforcement figures as part of your campaign truth squad? 1st Amendment principles? Sure they haven't violated it yet, but they're veering dangerously close. What effect would you expect if a sheriffs officer came by and had words with your company on the content of your news story or advertisement?
11:38pm: More on Fannie Mae & Freddie Mac....
The current financial crisis with the housing market. Watch Obama BLAME the current crisis on republicans and President Bush.



Here's direct rebuttal and HIS party members saying that Fannie Mae and Freddie Mac are fine. That the Regulation to correct and put both under closer regulatory scrutiny. Again, note that above, Sen. Obama says the Republicans and their failed philosophies created this problem. Remember, above he says that Deregulation caused this problem. He couldn't be further from the truth in his statements.

11:57pm: [info]johnbutler posted this over on his blog. I think he was expecting more discussion. Perhaps we can get some here.

Pretty much the definitive work (so far as I've seen) on how the mortgage market was utterly fouled up.



Between the last post I made and this, I'm a bit more than slightly angry that the 3 page bill for the Mortgage bialout has transformed to a 47 page bill and now, last I've heard, over a 100 page bill. Apparently groups like ACORN are going to get 20% of the funds that are paid BACK to the federal government from the bailout. Those funds need to go back to the budget and need to be used to pay down the debt.
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