Stmarie’s Weblog

2012 Election Information

An Open Letter to Senator Barbara Boxer (D) California Sent 2/20/09 February 21, 2009

Dear Senator Boxer,

I appreciate your answer but I have to tell you that you are just following what Barack Obama is telling you without doing any home work.

What Barack Obama has brainwashed you into thinking is the same thing that Jimmy Carter did in the 70’s. It is true that Jimmy Carter gave way to creating a lot of jobs by doing the same thing. But in the long run we ended up with a huge Inflation rate. To combat that out of control inflation the fed took the prime interest rate to 20.39% on July 1, 1981 (Source: http://research.stlouisfed.org/fred2/data/MPRIME.txt ) and Inflation Rate of 13.58% in 1980 (Source: http://www.miseryindex.us/irbyyear.asp).

By the way, Jimmy Carter used the “Misery Index” (http://www.miseryindex.us/) to get elected. The difference here is that Barack Obama has psychologically damaged people so bad as far as consumer confidence that it will be very, very hard to change peoples minds until the light goes on in people’s minds when they finally realize that electing Barack Obama was the most catastrophic that thing that the citizens of the United States could have ever done.

OK, Now here is what I really want to hear your rational on. Let’s talk about Bill Clinton’s expansion of Jimmy Carters Community Reinvestment Act of 1977 that he did in 1997. This mandate led people from all different arenas to develop a ferocious appetite for greed and corruption which in the end caused the mortgage and home market to collapse to what we have today. While it is true that Bill Clinton did not tell the banks and lending institutions how to write loans, Bill Clinton was most certainly the catalyst for the mortgage melt down. I just find it appalling that there is not one socialist (Democrat) that will admit to his wrong doing in trying to expand our “Land of Entitlement.”

http://bulk.resource.org/gpo.gov/register/2005/2005_10024.pdf

“C. Experience With the 1978 Rule
The experience with the 1978 rule
was summarized in the preamble to the
Agencies’ 1995 CRA rule. 60 FR 22156
(May 4, 1995) (1995 rule).”

It stated:
The CRA has come to play an increasingly important role in improving access to credit in communities—both rural and urban—across the country. Under the impetus of the CRA, many banks and thrifts opened new branches, provided expanded services, and made substantial commitments to increase lending to all segments of society. Despite these successes, the CRA examination system has been criticized. Financial institutions have indicated that policy guidance from the agencies on the CRA is unclear and that examination standards are applied inconsistently. Financial institutions have also stated that the CRA examination process encourages
them to generate excessive paperwork at the expense of providing loans, services, and investments to their communities. Community, consumer, and other groups have agreed with the industry that there are inconsistencies in CRA evaluations and that current examinations overemphasize process and underemphasize performance. Community and consumer groups also have criticized the agencies for failing aggressively to penalize banks and thrifts for poor performance. Noting that the CRA examination process could be improved, President Clinton requested in July 1993 that the Federal financial supervisory agencies reform the
CRA regulatory system. The President asked the agencies to consult with the banking and thrift industries, Congressional leaders, and leaders of community-based organizations across the country to develop new CRA regulations and examination procedures that ‘‘replace paperwork and uncertainty with greater performance, clarity, and objectivity.’’ Specifically, the President asked the agencies to refocus the CRA examination system on more objective, performance-based assessment standards that minimize compliance burden while stimulating improved performance. He also asked the agencies to develop a well-trained corps of examiners who would specialize in CRA examinations. The President requested that the agencies promote consistency and evenhandedness, improve CRA performance evaluations, and institute more effective sanctions against institutions with consistently poor performance.
60 FR 22156–57.”

“D. The 1995 Rule and Subsequent
Guidance
The experience with the 1978 rule led the Agencies to replace it in 1995 with a rule designed to emphasize performance rather than process, promote consistency in evaluations, and eliminate unnecessary burden. 60 FR 22156.”

Ok what this tells me is that when Bill Clinton made this mandate it basically rated banks on the QUANTITY of loans over the QUALITY of loans. When this was presented, lending institutions were already writing as many standard 30 year loans as they could. However, the banks and lending institutions had to write more loans. Write more loans to people that could not qualify for a standard 30 year loan. The banks and lending institutions did not want to do this because it would expose the lending institutions to dangerously large amounts of bad debt from bad loans and foreclosures. Remember this was in 1997. So the banks and lending institutions had to come up with creative loan vehicles to meet the mandate that Bill Clinton had written or face federal fines or other actions against the institutions. So the birth of the “No down payment,” Interest Only,” “Adjustable Rate Loans” etc were created to meet the QUATITY of loans that were then rated by this system:

http://bulk.resource.org/gpo.gov/register/2005/2005_10025.pdf

“D. The 1995 Rule and Subsequent Guidance

The experience with the 1978 rule led
the Agencies to replace it in 1995 with
a rule designed to emphasize
performance rather than process,
promote consistency in evaluations, and
eliminate unnecessary burden. 60 FR
22156. Among other things, it established a large retail institution test
comprised of three tests: one for
lending, one for investment, and one for
service.”

OK on page 10025 it talks about the above “test.”

Now if I’m not mistaken that is exactly what Barack Obama’s boy Tim Geithner wants to do. The same thing as he called it a “STRESS TEST’ of performance.

OK so what I am trying to tell you is that everything that the Socialist (Democratic) Party has done in the past has been a huge failure as far as jump starting the economy. This time will be no different.

But here is the big difference between Barack Obama and Bill Clinton:

Bill Clinton’s mandate gambled with investor’s money and the public’s savings (401K and IRAs) and lost.

Barack Obama’s mandate is gambling with all of the countries Tax Payer Dollars for generations to come in the future and will lose again. A much much greater amount of people’s lives are at stake here and in these numbers a Tax Payer Revolt is not out of the realm of reality.

And one final thing. A am just as upset with George W. Bush to have even offered a TARP program to begin with. It just gave the Socialist (Democratic) party an excuse to make business and individuals highly dependent on the Federal Government to survive when they gained power by creating a “Land of Entitlement.” out of the United States of America.

I will be best to say that I know you never even read all 1000 plus pages of that “Spendulas” package as I know you did not have the time as did none of the other people that voted for it.

Senator Boxer I can only hope that you sleep well at night not understanding what you voted for in this “Spendulas” package that Barack Obama and the Socialist (Democratic) party rammed down the throat of the citizens of the United States.

Thanks you,

ST

P.S.

I have been writing to Senator John Mc Cain about this as I do not have any representation what so ever in the State of California.

 

Voting Day November 4th 2008 October 26, 2008

King=Barack Obama
Other Guy= John Mc Cain or any other third party choice.

Enough said.

Bob Barr for President 2008

ST

P.S. Soup lines to the masses will be free and provided by tax money and hard work of the Proletariats.

 

Barack Obama the Hypocrite and Dictator October 21, 2008

I am so disgusted with Barack Obama.  He is just a flaming hypocrite. You must read this article at Bloomberg.

Obama Faults Bankers’ `Greed and Irresponsibility,’ Takes Cash

Barack is bashing bankers while sticking his hand in their pockets.  He is also taking huge amounts of money from lobbyists that he favors.

In a nut shell he has brainwashed both rich and the very poor to BUY his election.  Barack Obama has no creditable qualifications other than being a very convincing Marxist Socialist dictator. I am so livid that we are allowing history to repeat it self by permitting a Marxist Dictator to take over this country.

If Brian Williams worked at a fair and balanced news organization then NBC and MSNBC would do a segment about Barack Obama and the “Fleecing of America”  But alas NBC and MSNBC are hurting for ratings so they don’t want to do any real reporting on exactly what Barack Obama is doing this great country

Isn’t it obvious that this Barack Obama is not the normal patriotic politician running for the President of the United States. The way he is amassing Power and Money.  Doesn’t this seem strange to anyone except me?

This is not a normal election. People have be captured by mob action here.  The voting public has no idea why the are voting for Barack Obama except for “I like what he is telling Us.’  Why can’t people see that this is just a boondoggle against humanity.

Something is really really wrong here.  I am now more afraid of what the future will bring than right after 9/11.  I don’t like it folks and when it comes to judgement of personalities I have not been wrong more than a couple of times in my life.

Just listen to the demeanor in his voice.  This is the demeanor of a dictator.  Watch a tape of Barack and then watch a tape of any dictator in history.  The inflection in his voice. The way he holds his head up  to talk down to people.

I think what he is doing to John Mc Cain is just criminal.  Before the in the primaries Barack Obama promised to stick to campaign spending limits. That money comes from the $1.00 check box on your IRS form that uses that money for campaign spending for the candidates in the final weeks.

Well, Barack Obama was just lying. He had no intention of keeping that promise.  That was the very, very first blatant lie that he told the public.  My friends that was the first red flag that was thrown in my face to start to see that Barack Obama is a lier and has no intetntion of keeping any of the promises that he has made.

Once he gets in control, Between Barack Obama and a very, very nasty person named Nancy Pelosi the economy will just crumble under the weight of taxes.  Small and large businesses will never stand a chance.

Dark days are ahead for us unless Barack Obama is defeated along with the Marxist Socialist one party rule that this country will capitulate to.

I don’t sleep well at night anymore.

Bob Barr For President 2008

ST

 

STMarie and Bob Barr Libertarian Party October 20, 2008

OK so now I will use just this one page for my explanation  on why I am voting for Bob Barr. Here is a 30 minute partial interview with Bob Barr on CSPAN. Unfortunately it is not the full interview but at least it may spark an interest to go look at other interviews with Bob Barr.

I want to think you will find him very, very refreshing and not the bellowing mindless balderdash and ballyhoo that both Barack Obama and John Mc Cain will spew at you ad nauseam.

The video speaks for itself.

Please take 30 min to watch this. I have to give Kudos to CSPAN for giving Bob Barr this amount of time so he can give people a chance to see what he is about.

The sad state of the Mc Cain/ Obama race is that Barack Obama is so dishonest.  During the primary Barack Obama agreed to Campaign Spending limits in the elections.  So that meant that Barack Obama and John Mc Cain would be on equal ground when it came to campaign spending. Then Barack proved that he is an outright liar as he reneged on his promise to those terms.  Instead he choose to bilk millions of dollars out of the poorest and the richest people to Buy his election.  How hypocritical is that?

If you noticed that none of the people or organizations that sponsored the debates asked any of the third party candidates in at least one of the debates.

Basically the Mainstream Media, Yes, that includes Fox News, denied you the right to at least listen to all the parties position all at one time.

That my friends is so wrong.  Basically you have been played as a dumb block of lead that is not capable of making any other decision other than what is put in front your nose.

This will be my only post talking about Bob Barr. It is not my job to make you change your mind like some one that keeps using the word change ad nauseam to the point that I have removed it from my lexicon.

As of last Friday I have stopped watching  all news as the very instance of Barack Obama’s voice makes me want to hurl.

So I ask you all do not elect Barack Obama as I do not want to walk around hurling all over the place for the next 4 years when I hear his voice.  That would not be a pretty visual.

Finally if you do decide on a third party for your choice and your state has deprived you of your choice to vote then use the power of the write in vote.  Yes you can do that.

Thank you,

Bob Barr for President 2008

ST