Orthodox Editors

Obama’s Communist Ideals Revealed in Public

New York Post | Charles Hurt | Oct. 15, 2008

You won’t find it in his campaign ads, but Barack Obama let slip his plans to become a modern-day Robin Hood in the White House, confiscating money from the rich to give to the poor.

Conservatives yesterday ripped Obama after he was caught on video telling an Ohio plumber that he intends to take the profits of small-business owners and “spread the wealth around” to those with lesser incomes.

The fracas over Obama’s tax plan broke out Sunday outside Toledo when Joe Wurzelbacher approached the candidate. Wurzelbacher said he planned to become the owner of a small plumbing business that will take in more than the $250,000 amount at which Obama plans to begin raising tax rates. “Your new tax plan is going to tax me more, isn’t it?” the blue-collar worker asked. [Read more…]

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First Graders Taken to San Francisco City Hall For Gay Wedding

Christian Newswire | Chip White | Oct. 11, 2008

In the same week that the No on 8 campaign launched an ad that labeled as “lies” claims that same-sex marriage would be taught in schools to young children, a first grade class took a school-sponsored trip to a gay wedding. Eighteen first graders traveled to San Francisco City Hall Friday for the wedding of their teacher and her lesbian partner, The San Francisco Chronicle reported. The school sponsored the trip for the students, ages 5 and 6, taking them away from their studies for the same-sex wedding. According to the Yes on 8 campaign, the public school field trip demonstrates that the California Supreme Court’s decision to legal same-sex marriage has real consequences.

“Taking children out of school for a same-sex wedding is not customary education. This is promoting same-sex marriage and indoctrinating young kids,” said Yes on 8—ProtectMarriage.com Campaign Co-Manager Frank Schubert. “I doubt the school has ever taken kids on a field trip to a traditional wedding,” Schubert said. [Read more…]

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The coming liberal thugocracy

Washington Times | Michael Barone | Oct. 13, 2008

“I need you to go out and talk to your friends and talk to your neighbors,” Barack Obama told a crowd in Elko, Nev. “I want you to talk to them whether they are independent or whether they are Republican. I want you to argue with them and get in their face.” Actually, Obama supporters are doing a lot more than getting into people’s faces. They seem determined to shut people up.

That’s what Obama supporters, alerted by campaign e-mails, did when conservative Stanley Kurtz appeared on Milt Rosenberg’s WGN radio program in Chicago. Mr. Kurtz had been researching Mr. Obama’s relationship with unrepentant Weather Underground terrorist William Ayers in Chicago Annenberg Challenge papers in the Richard J. Daley Library in Chicago – papers that were closed off to him for some days, apparently at the behest of Obama supporters. [Read more…]

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Iraqi Christians Told to Convert, Pay Jizyah or Die

CNN and Islam in Action | Oct. 11, 2008

At least 900 Christian families have fled Mosul in the past week, terrified by a series of killings and threats by Muslim extremists ordering them to convert to Islam or face possible death, officials said Saturday.

The attacks may have been prompted by Christian demonstrations ahead of provincial elections, which are to be held by the end of January, the deputy governor of Nineveh province said. [Read more…]

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McCain Letter Demanded 2006 Action on Fannie and Freddie

Human Events | Oct. 10, 2008

Sen. John McCain’s 2006 demand for regulatory action on Fannie Mae and Freddie Mac could have prevented current financial crisis, as HUMAN EVENTS learned from the letter shown in full text below.

McCain’s letter — signed by nineteen other senators — said that it was “…vitally important that Congress take the necessary steps to ensure that [Fannie Mae and Freddie Mac]…operate in a safe and sound manner.[and]..More importantly, Congress must ensure that the American taxpayer is protected in the event that either…should fail.” [Read more…]

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How to Ruin the U.S. Economy

Yahoo! Finance | Ben Stein | Oct. 6, 2008

1) Have a fiscal policy that creates immense deficits in good times and bad, burdening America’s posterity with staggering burdens of repaying the debt.

2) Eliminate regulation of Wall Street and/or fail to enforce the regulations that already exist, instead trusting Wall Street and other money managers and speculators to manage other people’s money with few or no regulations and little oversight.

3) Have an energy policy that disallows producing our own energy and instead requires that we buy energy from abroad, thus making our oil prices highly volatile and creating large balance of payments deficits, lowering the value of the dollar and thus making the problem get progressively worse.

4) Have Congress mandate that banks and other financial entities lend money to persons they know in advance to have poor credit ratings or none at all. [Read more…]

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How the Democrats Created the Financial Crisis

Guess who killed key legislation back in 2005 that would have addresed the financial mess we’re in.
Bloomberg | Kevin Hassett | Sept. 22, 2008

If that bill had become law, then the world today would be different. In 2005, 2006 and 2007, a blizzard of terrible mortgage paper fluttered out of the Fannie and Freddie clouds, burying many of our oldest and most venerable institutions. Without their checkbooks keeping the market liquid and buying up excess supply, the market would likely have not existed.

But the bill didn’t become law, for a simple reason: Democrats opposed it on a party-line vote in the committee, signaling that this would be a partisan issue. Republicans, tied in knots by the tight Democratic opposition, couldn’t even get the Senate to vote on the matter.

That such a reckless political stand could have been taken by the Democrats was obscene even then. Wallison wrote at the time: “It is a classic case of socializing the risk while privatizing the profit. The Democrats and the few Republicans who oppose portfolio limitations could not possibly do so if their constituents understood what they were doing.” [Read more…]

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New Agency Proposed to Oversee Freddie Mac and Fannie Mae

Guess who tried to prevent the financial crisis more than 5 years ago.
The New York Times | STEPHEN LABATON | Sept. 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, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.

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. [Read more…]

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Do Facts Matter?

Townhall.com | Thomas Sowell | Oct. 3, 2008

Abraham Lincoln said, “You can fool all the people some of the time and some of the people all the time, but you can’t fool all the people all the time.” Unfortunately, the future of this country, as well as the fate of the Western world, depends on how many people can be fooled on election day, just a few weeks from now. Right now, the polls indicate that a whole lot of the people are being fooled a whole lot of the time.

The current financial bailout crisis has propelled Barack Obama back into a substantial lead over John McCain– which is astonishing in view of which man and which party has had the most to do with bringing on this crisis. [Read more…]

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