Stmarie’s Weblog

2012 Election Information

Barack Obama and the State of the Nation 10/12/09 October 12, 2009

Hi Everyone,

It has been awhile since I have sat down and expressed my views. When I first started to blog before Barack Obama was corruptly elected to office. (Remember he is from Chicago and that is how Democratic politicians are elected to office) he hadn’t started the destruction of the United States that we are witnessing today. We now know what he meant by “CHANGE.” “CHANGE” means destruction if the United States as we have know it for 200 years.  The one thing that Barack Obama has done very effectively is resurrect racism in this country. Ever since the day he took office that topic is in the news.

It finally comes down to this: “If you disagree with Barack Obama and his policies you are a racist and you hate Afro-Americans.” This is the most destructive chain of thought to evolve out of the Barack Obama Presidency.  Is this Barack’s Problem? Of course not. But wait, or is it? If it is not his problem why is he not calling out the people like Bill Clinton, Jimmy Carter and a host of other Barack Obama supporters to tell them that it is wrong to make the racial comment above. Maybe Barack Obama is not not responsible for the racial comments, however he has the position to make the statement “If you disagree with Barack Obama and his policies you are a racist and you hate Afro-Americans.” socially unacceptable.  But his decision not to speak out against this statement means that he agrees with that statement. This making him a racially motivated person.

This is what our country has been reduced to. Is civil war a possibility? I doubt it very highly. Will our country become more and more divided?  That is a guarantee that you can take to the mountain top.  Barack Obama has shown in the last few days how unqualified he is to be President of the United States when it comes to foreign policy and diplomacy. He has no idea of how to handle the military when it comes to overseas commitment. At the end of the day we are in a religious war in the middle east and those last for hundreds of years. The choice is to keep fighting or surrender to the enemies. Only two choices.

As the emotional and financial stability of our nation crumbles, the Democratic Party has only three agendas:

1. Raise taxes

2. Make the top 5% of high income people pay for the rest of the country.

3. Provide the country with a huge amount of free, low cost, poor quality entitlement programs.

Thank you,

ST

 

An Open Letter to Michael Moore 5/21/09 May 22, 2009

Mike,

Before you begin your movie on the economy continuing to bash George W you should read these two pages from the Federal Register.

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

And

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

Section C & D

This will explain to you the kindling point when in 1997 Bill Clinton expanded Jimmy Carter’s 1977 Community Reinvestment Act. (60 FR 22156–57)

In a nut shell, Bill Clinton mandated that banks make loans a lot easier for people that could not afford homes so that they could buy them anyway.  The usual Socialist Democrat “Creating a land of Entitlement.”

You may also want to read my Blog.

https://stmarie.wordpress.com/2008/09/29/everyday-we-learn-more-about-the-community-reinvestment-act-of-1977/

You will notice that I wrote this entry on September 29, 2008.

You will also notice that almost everything that I predicted about Barack Obama came to be true including the relentless blaming of George W. for all the problems with the economy when it was really Bill Clinton that started it in 1997. I will admit that George W. did not battle hard enough against the Democrats in 2004 to prevent the total meltdown of the economy in 2007-2008.

I will bet that you will mention absolutely nothing about what Bill Clinton did in your movie and if you do it will be one line with no coverage of his blunder at all.

This act that Bill Clinton did was swept under the carpet and never mentioned on any news cast including Fox News Network. How did I find out? My cousin sent me the “Burning Down the House” video and I was just so blown away that I spent a month researching it before I wrote my blog. When I got to the mandate in the Federal Register I knew that it had really happened and the rest of the puzzle could be put together by a 12 year old.

This is how it plays out. If Bill Clinton had never expanded the CRA in 1997 and mandated that banks write loans to people that could never afford a home to begin with, The banks would have continued to write safe and secure traditional 30 year loans instead of using creative lending practices like 5/25, 2/28, no down payment, Interest only loans etc. The deregulation opened doors to predatory lenders that took advantage of a very dysfunctional, bad law. None of that would have happened and our economy would not be in the condition that it is in today with Barack Obama making worse and worse every day he speaks.

I hope you are intelligent to see this chain of events and now the Socialist/Democratic way of handling the economy will fail just like it did in 1997 with Bill Clinton except a lot worse. We are looking down the barrel of huge taxes, very high interests rates to combat inflation that will be created by printing all this money that doesn’t exist today and 13% to 15% unemployment.  You can’t create jobs with high taxes and excruciating regulations on business. Businesses will not grow or even start to employ people until taxes come way down and restrictions are lifted on corporations to grown and reduce unemployment.

Today Barack Obama continues to use the “Community Reinvestment” theme that failed so miserably in the past.

I hope you are intelligent enough to do your own research and find out more about this.

Thank you,

STMARIE
P. S Nancy Pelosi want to investigate the Bush administration for war crimes, yet she does not want to investigate Bill Clinton for dereliction of duty and crimes against the US economy by providing a mandate that facilitated the destruction of the credibility of the US banking system that eventually spread though out the world.

STMARIE

 

An Open letter to Mr. Jeff Baker 3/16/09 March 16, 2009

Mr Baker left a comment on my article:

https://stmarie.wordpress.com/2009/01/18/william-j-bubba-clinton-and-the-economic-democratic-disaster-of-2007-through-2012/

Here is my very positive response to Mr Baker’s comments.

Hi Jeff,

Thank you for the comments. My goal here is not to change anybody’s mind as I would rather get people to do their own research on the candidates they are voting for and not just watch the campaign commercials. My cousin sent me the first video called “Burning down the house” which is on my very first blog.

https://stmarie.wordpress.com/2008/09/29/everyday-we-learn-more-about-the-community-reinvestment-act-of-1977/

Before receiving this video I, like an overwhelming number of Americans especially the young ones. did not know a thing about Jimmy Carter’s Community Reinvestment Act of 1977 and the subsequent expansion of the CRE by Bill Clinton in 1997. As I did my research I needed a concrete government document on what that really was. And I found it at

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

and

http://bulk.resource.org/gpo.gov/register/2005/2005_10025.pdf
The writing was on the wall as to how we got here today.

Think of the economy as a burned out house. We know that things burned in the house. Couches (Banks), Tables (Loan Industry), Chairs (Real Estate market), Beds (Loan industry), But where was the ignition point that started the fire? I wholly believe that Bill Clinton’s mandate for banks to make it easier for poor people to get loans was the spark and the fuel to start the fire (Economic Meltdown.)

I just wish more people would realize this. The sad part is we have a lot of the same people now in office that believe in a “Land of Entitlement.”

So this train wreck will continue as long as Democrats are in control.

ST

 

Barack Obama’s Swing set. March 6, 2009

I just wanted to let you know that because of William Jefferson Clinton’s reckless mandate for banks to write more loans even though the loans were not qualified or underwritten corretly, You have lost your house to foreclosure.  But you can sleep well because Sasha and Malia Obama have a new swing set.

baracks-kids-slide

Sleep well my brave Proletariat.  Barack will reward you with food stamps.

ST

 

An Open Letter To Bill O’Reilly February 27, 2009

Hi Bill.

I have a question. I am really convinced that this whole financial meltdown was instigated by Bill Clinton’s mandate for more loans to be written by banks. Item 2C on this page.

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

My biggest frustration is that with mandate it opened the door for greedy bankers and investors to do all the damage that they have done. When Billy Carter wrote the CRA of 1977 it corrected a problem called “Redlining” that banks were doing by not writing loans in the inner cities of our country. Fast forward to 1997 when Clinton created the expansion of the CRA of 1997. Basically Bill Clinton created a land of entitlement for people that could never afford a home under normal lending practices. Enter Bear Sterns and other lending organizations that invented “Creative Lending Practices” Aka “Sub Prime Loans” in order to meet the requirements of Bill Clinton’s Lending practice rating system. So My question is why doesn’t anyone address this issue? Why has it been brushed under the carpet for years? I really wish you could take a few minutes and read my blog.

https://stmarie.wordpress.com/

Love your show.

Keep it up.

ST

 

Barack Obama is Systematically Destroying This Country

In Barack Obama’s quest to transfer power from the people to the government Barack Obama is making decisions with out the consent of the voting citizens of the United States.  Today’s announcement that he is going to with draw troops on August 10, 2010 is a good idea. But this is how stupid Barack Obama is, He just announced to the world that we have surrendered and are incapable of finishing what we started. If Barack Obama had withdrawn the troops quietly in an organized or systematic way that would have been OK.  Everyday Barack Obama shows his short comings in his ability to lead this country. And again I’m sure today’s news will again remove the confidence in the investors in this county and the markets will weaken even further.  You can see the downward spirial of the market here as I track it as Barack Obama makes his plans to ruin Wall Street and destroy the savings of US Citizens.

https://stmarie.wordpress.com/2009/02/26/barack-obamas-propaganda-and-conspiracy/

I just want to explode as I watch the market and my life’s savings disappear.  It is bad enough the Bill Clinton started this mess, George W. Bush contributed to it when he got side tracked with 9/11 and didn’t grab the bull by the balls and stop the emerging mortgage melt down by taking action against the Socialist party and stop the madness at Fannie Mae and Freddie Mac.  And now the voters of The United States of America have giving a person that has roots in Marxist Socialism a credit card with no limits or good credit.  If you think 9/11 changed America for the worst, Just wait till you see the shambles that Barack Obama is going to leave.  Most of my friends say, “Give him a chance he is only in office for a few months.”  In the few months that Barack Obama has been in office he has not give us hope, rather he has done just the opposite, he has destroyed the confidence of the public. The only people that have confidence in Barack Obama are people that believe that they deserve a life of entitlement provided free by the entrepreneurs that have started businesses to give this country jobs.

Today Barack Obama has made the proclamation that he (in the name of the Government)  is mandate that the successful people today making $250,000.00 or more will be subject to extreme high taxes which amount to extortion as these people that make that amount of money have no say in how much Barack Obama wants to take from them.

Barack Obama wants to use the taxes that he is going to take from people that make over $250,000.00 to provide subsidized welfare in the name of healthcare to the public.

See my page on my comments on healthcare.

https://stmarie.wordpress.com/2009/02/03/barack-obama-social-healthcare-and-the-democrats/

Let’s listen to Barney Franks statement about “RECOVERING” the money that the wealthy have due to the currant tax rate.

This was an interview with CNBC which is one of the most liberal media stations on the air. According to Barney Franks the people that have been successful must now have that money “RECOVERED.” As if that money never belonged to the sucessful people to begin with and the government is “ENTITLED” to that money and must take it back.

Just think about what Barney Franks is saying.  Just think.  Basically if the socialists believe you have to much money they will take it back and PUNISH you for being successful. What is this going to do to the psyche of anyone that wants to start a small business, create jobs and provide a privately run enterprise? It will discourage anyone from starting a business for fear of being successful and making over $250,000.00 a year.  And here is the worst of this, $250,000.00 is not a lot of money for some one to earn if they own a small business.  Ok so what amount would be? I think that any one making over $750,000.00 a year should be taxed at a slightly (maybe 8%) more in Income tax.

Wake up America.  This is not good.  You can think about today as we are all having a rough time.  But what is emerging is not a good plan for the future of your children or your not to distant future.

ST

 

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.