The Pack is back!

Green Bay Packers Question:

Last year……After the Packers / Bills game, Buffalo released quarterback Trent Edwards.

During the Packers / Eagles game, the Packers injured Philadelphia quarterback Kevin Kolb. Philadelphia then had to play backup quarterback Michael Vick.

During a playoff game against the Eagles, the Packers injured Michael Vick and another backup was needed.

After the Packers / Cowboys game, Dallas fired Wade Phillips and most of his staff.

After the Packers / Vikings game, Minnesota fired Brad Childress and most of his staff.

Four weeks after losing to the Packers, the 49er's coach Mike Singletary and most of his staff were fired and replaced.

During the Bears Playoff game, the Packers injured Jay Cutler and backup Todd Collins forcing the Bears to go with 3rd string quarterback Caleb Hanie.

Question:

Is it just me, or did the Packers create more jobs than Obama last year?

Hat Tip to Dave T!

OnTwitter I am Lesabre1

"Unlimited tolerance must lead to the disappearance of tolerance. If we extend unlimited tolerance even to those who are intolerant, if we are not prepared to defend a tolerant society against the onslaught of the intolerant, then the tolerant will be destroyed, and tolerance with them." - Karl Popper

“Necessity is the plea for every infringement of human freedom. It is the argument of tyrants. It is the creed of slaves.” - William Pitt

"Logic. There is little logic among the cultural elite, maybe because there is little omnipresent fear of job losses or the absence of money, and so arises a rather comfortable margin to indulge in nonsense." - Victor Davis Hanson

Punny is as punny does

Hat tip to Mike L and Mack E!


OnTwitter I am Lesabre1

"Unlimited tolerance must lead to the disappearance of tolerance. If we extend unlimited tolerance even to those who are intolerant, if we are not prepared to defend a tolerant society against the onslaught of the intolerant, then the tolerant will be destroyed, and tolerance with them." - Karl Popper

“Necessity is the plea for every infringement of human freedom. It is the argument of tyrants. It is the creed of slaves.” - William Pitt

"Logic. There is little logic among the cultural elite, maybe because there is little omnipresent fear of job losses or the absence of money, and so arises a rather comfortable margin to indulge in nonsense." - Victor Davis Hanson

A chuckle here a chuckle there

My neighbour got a pre-declined credit card in the mail.

Exxon-Mobil laid off 25 Congressmen.

McDonald's is selling the 1/4 ouncer

Angelina Jolie adopted a child from America.

A truckload of Americans was caught sneaking into Mexico.

A picture is now only worth 200 words.

When Bill and Hillary travel together, they now have to share a room.

I saw a Mormon with only one wife.

Parents in Beverly Hills fired their nannies and had to learn their children's names.

And, finally.... I was so depressed last night thinking about the economy, wars, jobs, my savings, Social Security, retirement funds, etc., I called the Suicide Hotline. I got a call centre in Pakistan, and when I told them I was suicidal, they got all excited, and asked if I could drive a truck.

Hat tip to NYShooter at TalkLeft

OnTwitter I am Lesabre1

"Unlimited tolerance must lead to the disappearance of tolerance. If we extend unlimited tolerance even to those who are intolerant, if we are not prepared to defend a tolerant society against the onslaught of the intolerant, then the tolerant will be destroyed, and tolerance with them." - Karl Popper

“Necessity is the plea for every infringement of human freedom. It is the argument of tyrants. It is the creed of slaves.” - William Pitt

"Logic. There is little logic among the cultural elite, maybe because there is little omnipresent fear of job losses or the absence of money, and so arises a rather comfortable margin to indulge in nonsense." - Victor Davis Hanson

What caused this mess

While we push and shove over the debt ceiling, I think it helpful to revisit on how the economy was destroyed using the housing market as the car bomb.

First, you have to remember the Community Reinvestment Act. This was a piece of social engineering that said that banks had to loan money to people who lived in certain areas and who had questionable credit.

The Community Reinvestment Act (CRA, Pub.L. 95-128, title VIII of the Housing and Community Development Act of 1977, 91 Stat. 1147, 12 U.S.C. § 2901 et seq.) is a United States federal law designed to encourage commercial banks and savings associations to help meet the needs of borrowers in all segments of their communities, including low- and moderate-income neighborhoods.[1][2][3] Congress passed the Act in 1977 to reduce discriminatory credit practices against low-income neighborhoods, a practice known as redlining.[4][5]

The Act requires the appropriate federal financial supervisory agencies to encourage regulated financial institutions to help meet the credit needs of the local communities in which they are chartered, consistent with safe and sound operation (Section 802.) To enforce the statute, federal regulatory agencies examine banking institutions for CRA compliance, and take this information into consideration when approving applications for new bank branches or for mergers or acquisitions (Section 804.)[6]

Link

No doubt a warm and wonderful thing. Of course what happened was that the activists grabbed it and used it to make banks do their bidding.

But even that wasn’t enough. During the Clinton Administration credit was expanded.

Published: September 30, 1999

In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders.

The action.....-- will encourage those banks to extend home mortgages to individuals whose credit is generally not good enough to qualify for conventional loans.

Snip

''From the perspective of many people, including me, this is another thrift industry growing up around us,'' said Peter Wallison a resident fellow at the American Enterprise Institute. ''If they fail, the government will have to step up and bail them out the way it stepped up and bailed out the thrift industry.''

NYT Link

Well, it took 4 years but some people caught on that a problem was looming.

By STEPHEN LABATON

Published: September 11, 2003

The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.

Under the plan,.....a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac....

The new agency would have the authority, which now rests with Congress, to set one of the two capital-reserve requirements for the companies. It would exercise authority over any new lines of business. And it would determine whether the two are adequately managing the risks of their ballooning portfolios.

The plan is an acknowledgment by the administration that oversight of Fannie Mae and Freddie Mac -- which together have issued more than $1.5 trillion in outstanding debt -- is broken. A report by outside investigators in July concluded that Freddie Mac manipulated its accounting to mislead investors, and critics have said Fannie Mae does not adequately hedge against rising interest rates.

snip

Significant details must still be worked out before Congress can approve a bill. Among the groups denouncing the proposal today were the National Association of Home Builders and Congressional Democrats who fear that tighter regulation of the companies could sharply reduce their commitment to financing low-income and affordable housing.

''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''

NYT Link

The new regulations were blocked and almost 6 years later to the day we had the melt down.

We need to keep the above in mind as the Lefties do their “Anybody but Obamie” shake and bake.

OnTwitter I am Lesabre1

"Unlimited tolerance must lead to the disappearance of tolerance. If we extend unlimited tolerance even to those who are intolerant, if we are not prepared to defend a tolerant society against the onslaught of the intolerant, then the tolerant will be destroyed, and tolerance with them." - Karl Popper

“Necessity is the plea for every infringement of human freedom. It is the argument of tyrants. It is the creed of slaves.” - William Pitt

"Logic. There is little logic among the cultural elite, maybe because there is little omnipresent fear of job losses or the absence of money, and so arises a rather comfortable margin to indulge in nonsense." - Victor Davis Hanson

New fleet MPG averages

Sometimes I read things that are just so stupid I actually jump. Such as this claim from the President regarding his new edict that car MPG fleet average must be doubled.

For American families, the president said the agreement - which will be subject to a mid-course review - means filling up the car every two weeks, instead of every week. That would save $8,000 in fuel costs over the life of a vehicle, he said

Link

You know, you hardly have to break out a calculator to see how silly and juvenile this is.

Current average is 27 MPG. New is 54. Let’s say that you travel 12000 miles a year. That’s 444 gallons of gasoline at $3.50 is $1555. Now the new usage is 222 gallons at $3.50 or $777. At that rate it would take 10.29 years to save $8000.

And that assumes you don’t replace the car. BTW – A Chevy Volt is around $45000.

And that assumes that the oil companies won’t increase prices as volume drops to maintain profits.

You know, I don't mind the lies. But dumb lies anger me.




OnTwitter I am Lesabre1

"Unlimited tolerance must lead to the disappearance of tolerance. If we extend unlimited tolerance even to those who are intolerant, if we are not prepared to defend a tolerant society against the onslaught of the intolerant, then the tolerant will be destroyed, and tolerance with them." - Karl Popper

“Necessity is the plea for every infringement of human freedom. It is the argument of tyrants. It is the creed of slaves.” - William Pitt

"Logic. There is little logic among the cultural elite, maybe because there is little omnipresent fear of job losses or the absence of money, and so arises a rather comfortable margin to indulge in nonsense." - Victor Davis Hanson

Alan Simpson and The Electric Debt Commission

This is the perfect post for August 1, 2011.

Alan Simpson, Senator from Wyoming , Co-Chair of Obama's deficit commission, calls senior citizens the Greediest Generation as he
compared "Social Security" to a Milk Cow with 310 million teats.
August, 2010.

Here's a response in a letter from a unknown farmer in Montana ....
I think he is a little ticked off! He also tells it like it is !
----------------------------------------------------------------------------------------------------------------------------

"Hey Alan, let's get a few things straight..

1. As a career politician, you have been on the public tit for FIFTY
YEARS.

2.. I have been paying Social Security taxes for 48 YEARS (since I was 15
years old. I am now 63).

3 My Social Security payments, and those of millions of other
Americans, were safely tucked away in an interest bearing account for
decades until you political pukes decided to raid the account and give
OUR money to a bunch of zero ambition losers in return for votes, thus
bankrupting the system and turning Social Security into a Ponzi scheme
that would have made Bernie Madoff proud.

4. Recently, just like Lucy and Charlie Brown, you and your ilk pulled the
proverbial football away from millions of American seniors nearing
retirement and moved the goalposts for full retirement from age 65 to
age 67. NOW, you and your shill commission are proposing to move the
goalposts YET AGAIN.

5 I, and millions of other Americans, have been paying into Medicare
from Day One, and now you morons propose to change the rules of the
game.. Why? Because you idiots mismanaged other parts of the economy
to such an extent that you need to steal money from Medicare to pay
the bills.

6. I, and millions of other Americans, have been paying income taxes our
entire lives, and now you propose to increase our taxes yet again. Why?
Because you incompetent bastards spent our money so profligately that
you just kept on spending even after you ran out of money. Now, you come
to the American taxpayers and say you need more to pay off YOUR debt.

To add insult to injury, you label us "greedy" for calling "bullshit" on
your incompetence. Well, Captain Bullshit, I have a few questions for
YOU.

1. How much money have you earned from the American taxpayers during
your pathetic 50-year political career?

2. At what age did you retire from your pathetic political career, and
how much are you receiving in annual retirement benefits from the
American taxpayers?

3. How much do you pay for YOUR government provided health insurance?

4. What cuts in YOUR retirement and healthcare benefits are you
proposing in your disgusting deficit reduction proposal, or, as usual,
have you exempted yourself and your political cronies?

It is you, Captain Bullshit, and your political co-conspirators called
Congress who are the "greedy" ones. It is you and your fellow nutcases
who have bankrupted America and stolen the American dream from
millions of loyal, patriotic taxpayers. And for what? Votes. That's right,
sir. You and yours have bankrupted America for the sole purpose of
advancing your pathetic political careers. You know it, we know it, and
you know that we know it.

Hat tip to Larry P!


OnTwitter I am Lesabre1

"Unlimited tolerance must lead to the disappearance of tolerance. If we extend unlimited tolerance even to those who are intolerant, if we are not prepared to defend a tolerant society against the onslaught of the intolerant, then the tolerant will be destroyed, and tolerance with them." - Karl Popper

“Necessity is the plea for every infringement of human freedom. It is the argument of tyrants. It is the creed of slaves.” - William Pitt

"Logic. There is little logic among the cultural elite, maybe because there is little omnipresent fear of job losses or the absence of money, and so arises a rather comfortable margin to indulge in nonsense." - Victor Davis Hanson

The President wrote:

When you've read to the end, come back and read this first paragraph again.

A Coil of Rage

The character of any man is defined by how he treats his mother as the years pass .... need I say more about this person below other than there is no character, no integrity but there is a ton of attitude and arrogance that defines his shallow past and hollow future .... I rest my case..

I bought and read Obama's book, Audacity of Hope . It was difficult to read considering his attitude toward us and everything American. Let me add a phrase he use to describe his attitude toward whites. He harbors a "COIL OF RAGE". His words not mine.

THIS IS OUR PRESIDENT -- HE'S RUNNING AGAIN, YOU KNOW! Is anyone out there awake?

Everyone of voting age should read these two books by him: Don't buy them, just get them from the library.

From Dreams From My Father:

"I ceased to advertise my mother's race at the age of 12 or 13, when I began to suspect that by doing so I was ingratiating myself to whites."

From Dreams From My Father :

"I found a solace in nursing a pervasive sense of grievance and animosity against my mother's race."

From Dreams From My Father:

"There was something about her that made me wary, a little too sure of herself, maybe and white."

From Dreams From My Father:

"It remained necessary to prove which side you were on, to show your loyalty to the black masses, to strike out and name names."

From Dreams From My Father:

"I never emulate white men and brown men whose fates didn't speak to my own. It was into my father's image, the black man, son of Africa , that I'd packed all the attributes I sought in myself: the attributes of Martin and Malcolm, DuBois and Mandela."

And FINALLY ............ and most scary:

From Audacity of Hope:

"I will stand with the Muslims should the political winds shift in an ugly direction."

I don't care whether you are a Democrat, a Republican, a Conservative or a liberal, be aware of the attitude and character of this sitting President.

Hat tip to Mike L
OnTwitter I am Lesabre1

"Unlimited tolerance must lead to the disappearance of tolerance. If we extend unlimited tolerance even to those who are intolerant, if we are not prepared to defend a tolerant society against the onslaught of the intolerant, then the tolerant will be destroyed, and tolerance with them." - Karl Popper

“Necessity is the plea for every infringement of human freedom. It is the argument of tyrants. It is the creed of slaves.” - William Pitt

"Logic. There is little logic among the cultural elite, maybe because there is little omnipresent fear of job losses or the absence of money, and so arises a rather comfortable margin to indulge in nonsense." - Victor Davis Hanson