Showing posts with label Nation. Show all posts
Showing posts with label Nation. Show all posts

Friday, March 23, 2012

Obama - He Would Be King


Do we need this.....no.  Why is it being implemented?  To usher in our King (or Dictator).  In this so called "Executive Order" are the echos of Hitler, Castro, Chavez and others who became dictators.  So who is it that will cry "National Emergency".

Executive Order -- National Defense Resources Preparedness

EXECUTIVE ORDER
NATIONAL DEFENSE RESOURCES PREPAREDNESS
By the authority vested in me as President by the Constitution and the laws of the United States of America, including the Defense Production Act of 1950, as amended (50 U.S.C. App. 2061 et seq.), and section 301 of title 3, United States Code, and as Commander in Chief of the Armed Forces of the United States, it is hereby ordered as follows:
PART I  -  PURPOSE, POLICY, AND IMPLEMENTATION
Section 101.  Purpose.  This order delegates authorities and addresses national defense resource policies and programs under the Defense Production Act of 1950, as amended (the "Act").
Sec. 102.  Policy.  The United States must have an industrial and technological base capable of meeting national defense requirements and capable of contributing to the technological superiority of its national defense equipment in peacetime and in times of national emergency.  The domestic industrial and technological base is the foundation for national defense preparedness.  The authorities provided in the Act shall be used to strengthen this base and to ensure it is capable of responding to the national defense needs of the United States.
Sec. 103.  General Functions.  Executive departments and agencies (agencies) responsible for plans and programs relating to national defense (as defined in section 801(j) of this order), or for resources and services needed to support such plans and programs, shall:
(a)  identify requirements for the full spectrum of emergencies, including essential military and civilian demand;
(b)  assess on an ongoing basis the capability of the domestic industrial and technological base to satisfy requirements in peacetime and times of national emergency, specifically evaluating the availability of the most critical resource and production sources, including subcontractors and suppliers, materials, skilled labor, and professional and technical personnel;
(c)  be prepared, in the event of a potential threat to the security of the United States, to take actions necessary to ensure the availability of adequate resources and production capability, including services and critical technology, for national defense requirements;
(d)  improve the efficiency and responsiveness of the domestic industrial base to support national defense requirements; and
(e)  foster cooperation between the defense and commercial sectors for research and development and for acquisition of materials, services, components, and equipment to enhance industrial base efficiency and responsiveness.
Sec. 104.  Implementation.  (a)  The National Security Council and Homeland Security Council, in conjunction with the National Economic Council, shall serve as the integrated policymaking forum for consideration and formulation of national defense resource preparedness policy and shall make recommendations to the President on the use of authorities under the Act.
(b)  The Secretary of Homeland Security shall:
(1)  advise the President on issues of national defense resource preparedness and on the use of the authorities and functions delegated by this order;
(2)  provide for the central coordination of the plans and programs incident to authorities and functions delegated under this order, and provide guidance to agencies assigned functions under this order, developed in consultation with such agencies; and
(3)  report to the President periodically concerning all program activities conducted pursuant to this order.
(c)  The Defense Production Act Committee, described in section 701 of this order, shall:
(1)  in a manner consistent with section 2(b) of the Act, 50 U.S.C. App. 2062(b), advise the President through the Assistant to the President and National Security Advisor, the Assistant to the President for Homeland Security and Counterterrorism, and the Assistant to the President for Economic Policy on the effective use of the authorities under the Act; and
(2)  prepare and coordinate an annual report to the Congress pursuant to section 722(d) of the Act, 50 U.S.C. App. 2171(d).
(d)  The Secretary of Commerce, in cooperation with the Secretary of Defense, the Secretary of Homeland Security, and other agencies, shall:
(1)  analyze potential effects of national emergencies on actual production capability, taking into account the entire production system, including shortages of resources, and develop recommended preparedness measures to strengthen capabilities for production increases in national emergencies; and
(2)  perform industry analyses to assess capabilities of the industrial base to support the national defense, and develop policy recommendations to improve the international competitiveness of specific domestic industries and their abilities to meet national defense program needs.
PART II  -  PRIORITIES AND ALLOCATIONS
Sec. 201.  Priorities and Allocations Authorities.  (a)  The authority of the President conferred by section 101 of the Act, 50 U.S.C. App. 2071, to require acceptance and priority performance of contracts or orders (other than contracts of employment) to promote the national defense over performance of any other contracts or orders, and to allocate materials, services, and facilities as deemed necessary or appropriate to promote the national defense, is delegated to the following agency heads:
(1)  the Secretary of Agriculture with respect to food resources, food resource facilities, livestock resources, veterinary resources, plant health resources, and the domestic distribution of farm equipment and commercial fertilizer;
(2)  the Secretary of Energy with respect to all forms of energy;
(3)  the Secretary of Health and Human Services with respect to health resources;
(4)  the Secretary of Transportation with respect to all forms of civil transportation;
(5)  the Secretary of Defense with respect to water resources; and
(6)  the Secretary of Commerce with respect to all other materials, services, and facilities, including construction materials.
(b)  The Secretary of each agency delegated authority under subsection (a) of this section (resource departments) shall plan for and issue regulations to prioritize and allocate resources and establish standards and procedures by which the authority shall be used to promote the national defense, under both emergency and non-emergency conditions.  Each Secretary shall authorize the heads of other agencies, as appropriate, to place priority ratings on contracts and orders for materials, services, and facilities needed in support of programs approved under section 202 of this order.
(c)  Each resource department shall act, as necessary and appropriate, upon requests for special priorities assistance, as defined by section 801(l) of this order, in a time frame consistent with the urgency of the need at hand.  In situations where there are competing program requirements for limited resources, the resource department shall consult with the Secretary who made the required determination under section 202 of this order.  Such Secretary shall coordinate with and identify for the resource department which program requirements to prioritize on the basis of operational urgency.  In situations involving more than one Secretary making such a required determination under section 202 of this order, the Secretaries shall coordinate with and identify for the resource department which program requirements should receive priority on the basis of operational urgency.
(d)  If agreement cannot be reached between two such Secretaries, then the issue shall be referred to the President through the Assistant to the President and National Security Advisor and the Assistant to the President for Homeland Security and Counterterrorism.
(e)  The Secretary of each resource department, when necessary, shall make the finding required under section 101(b) of the Act, 50 U.S.C. App. 2071(b).  This finding shall be submitted for the President's approval through the Assistant to the President and National Security Advisor and the Assistant to the President for Homeland Security and Counterterrorism.  Upon such approval, the Secretary of the resource department that made the finding may use the authority of section 101(a) of the Act, 50 U.S.C. App. 2071(a), to control the general distribution of any material (including applicable services) in the civilian market.
Sec. 202.  Determinations.  Except as provided in section 201(e) of this order, the authority delegated by section 201 of this order may be used only to support programs that have been determined in writing as necessary or appropriate to promote the national defense:
(a)  by the Secretary of Defense with respect to military production and construction, military assistance to foreign nations, military use of civil transportation, stockpiles managed by the Department of Defense, space, and directly related activities;
(b)  by the Secretary of Energy with respect to energy production and construction, distribution and use, and directly related activities; and
(c)  by the Secretary of Homeland Security with respect to all other national defense programs, including civil defense and continuity of Government.
Sec. 203.  Maximizing Domestic Energy Supplies.  The authorities of the President under section 101(c)(1) (2) of the Act, 50 U.S.C. App. 2071(c)(1) (2), are delegated to the Secretary of Commerce, with the exception that the authority to make findings that materials (including equipment), services, and facilities are critical and essential, as described in section 101(c)(2)(A) of the Act, 50 U.S.C. App. 2071(c)(2)(A), is delegated to the Secretary of Energy.
Sec. 204.  Chemical and Biological Warfare.  The authority of the President conferred by section 104(b) of the Act, 50 U.S.C. App. 2074(b), is delegated to the Secretary of Defense.  This authority may not be further delegated by the Secretary.
PART III  -  EXPANSION OF PRODUCTIVE CAPACITY AND SUPPLY
Sec. 301.  Loan Guarantees.  (a)  To reduce current or projected shortfalls of resources, critical technology items, or materials essential for the national defense, the head of each agency engaged in procurement for the national defense, as defined in section 801(h) of this order, is authorized pursuant to section 301 of the Act, 50 U.S.C. App. 2091, to guarantee loans by private institutions.
(b)  Each guaranteeing agency is designated and authorized to:  (1) act as fiscal agent in the making of its own guarantee contracts and in otherwise carrying out the purposes of section 301 of the Act; and (2) contract with any Federal Reserve Bank to assist the agency in serving as fiscal agent.
(c)  Terms and conditions of guarantees under this authority shall be determined in consultation with the Secretary of the Treasury and the Director of the Office of Management and Budget (OMB).  The guaranteeing agency is authorized, following such consultation, to prescribe:  (1) either specifically or by maximum limits or otherwise, rates of interest, guarantee and commitment fees, and other charges which may be made in connection with such guarantee contracts; and (2) regulations governing the forms and procedures (which shall be uniform to the extent practicable) to be utilized in connection therewith.
Sec. 302.  Loans.  To reduce current or projected shortfalls of resources, critical technology items, or materials essential for the national defense, the head of each agency engaged in procurement for the national defense is delegated the authority of the President under section 302 of the Act, 50 U.S.C. App. 2092, to make loans thereunder.  Terms and conditions of loans under this authority shall be determined in consultation with the Secretary of the Treasury and the Director of OMB.
Sec. 303.  Additional Authorities.  (a)  To create, maintain, protect, expand, or restore domestic industrial base capabilities essential for the national defense, the head of each agency engaged in procurement for the national defense is delegated the authority of the President under section 303 of the Act, 50 U.S.C. App. 2093, to make provision for purchases of, or commitments to purchase, an industrial resource or a critical technology item for Government use or resale, and to make provision for the development of production capabilities, and for the increased use of emerging technologies in security program applications, and to enable rapid transition of emerging technologies.
(b)  Materials acquired under section 303 of the Act, 50 U.S.C. App. 2093, that exceed the needs of the programs under the Act may be transferred to the National Defense Stockpile, if, in the judgment of the Secretary of Defense as the National Defense Stockpile Manager, such transfers are in the public interest.
Sec. 304.  Subsidy Payments.  To ensure the supply of raw or nonprocessed materials from high cost sources, or to ensure maximum production or supply in any area at stable prices of any materials in light of a temporary increase in transportation cost, the head of each agency engaged in procurement for the national defense is delegated the authority of the President under section 303(c) of the Act, 50 U.S.C. App. 2093(c), to make subsidy payments, after consultation with the Secretary of the Treasury and the Director of OMB.
Sec. 305.  Determinations and Findings.  (a)  Pursuant to budget authority provided by an appropriations act in advance for credit assistance under section 301 or 302 of the Act, 50 U.S.C. App. 2091, 2092, and consistent with the Federal Credit Reform Act of 1990, as amended (FCRA), 2 U.S.C. 661 et seq., the head of each agency engaged in procurement for the national defense is delegated the authority to make the determinations set forth in sections 301(a)(2) and 302(b)(2) of the Act, in consultation with the Secretary making the required determination under section 202 of this order; provided, that such determinations shall be made after due consideration of the provisions of OMB Circular A 129 and the credit subsidy score for the relevant loan or loan guarantee as approved by OMB pursuant to FCRA.
(b)  Other than any determination by the President under section 303(a)(7)(b) of the Act, the head of each agency engaged in procurement for the national defense is delegated the authority to make the required determinations, judgments, certifications, findings, and notifications defined under section 303 of the Act, 50 U.S.C. App. 2093, in consultation with the Secretary making the required determination under section 202 of this order.
Sec. 306.  Strategic and Critical Materials.  The Secretary of Defense, and the Secretary of the Interior in consultation with the Secretary of Defense as the National Defense Stockpile Manager, are each delegated the authority of the President under section 303(a)(1)(B) of the Act, 50 U.S.C. App. 2093(a)(1)(B), to encourage the exploration, development, and mining of strategic and critical materials and other materials.
Sec. 307.  Substitutes.  The head of each agency engaged in procurement for the national defense is delegated the authority of the President under section 303(g) of the Act, 50 U.S.C. App. 2093(g), to make provision for the development of substitutes for strategic and critical materials, critical components, critical technology items, and other resources to aid the national defense.
Sec. 308.  Government-Owned Equipment.  The head of each agency engaged in procurement for the national defense is delegated the authority of the President under section 303(e) of the Act, 50 U.S.C. App. 2093(e), to:
(a)  procure and install additional equipment, facilities, processes, or improvements to plants, factories, and other industrial facilities owned by the Federal Government and to procure and install Government owned equipment in plants, factories, or other industrial facilities owned by private persons;
(b)  provide for the modification or expansion of privately owned facilities, including the modification or improvement of production processes, when taking actions under sections 301, 302, or 303 of the Act, 50 U.S.C. App. 2091, 2092, 2093; and
(c)  sell or otherwise transfer equipment owned by the Federal Government and installed under section 303(e) of the Act, 50 U.S.C. App. 2093(e), to the owners of such plants, factories, or other industrial facilities.
Sec. 309.  Defense Production Act Fund.  The Secretary of Defense is designated the Defense Production Act Fund Manager, in accordance with section 304(f) of the Act, 50 U.S.C. App. 2094(f), and shall carry out the duties specified in section 304 of the Act, in consultation with the agency heads having approved, and appropriated funds for, projects under title III of the Act.
Sec. 310.  Critical Items.  The head of each agency engaged in procurement for the national defense is delegated the authority of the President under section 107(b)(1) of the Act, 50 U.S.C. App. 2077(b)(1), to take appropriate action to ensure that critical components, critical technology items, essential materials, and industrial resources are available from reliable sources when needed to meet defense requirements during peacetime, graduated mobilization, and national emergency.  Appropriate action may include restricting contract solicitations to reliable sources, restricting contract solicitations to domestic sources (pursuant to statutory authority), stockpiling critical components, and developing substitutes for critical components or critical technology items.
Sec. 311.  Strengthening Domestic Capability.  The head of each agency engaged in procurement for the national defense is delegated the authority of the President under section 107(a) of the Act, 50 U.S.C. App. 2077(a), to utilize the authority of title III of the Act or any other provision of law to provide appropriate incentives to develop, maintain, modernize, restore, and expand the productive capacities of domestic sources for critical components, critical technology items, materials, and industrial resources essential for the execution of the national security strategy of the United States.
Sec. 312.  Modernization of Equipment.  The head of each agency engaged in procurement for the national defense, in accordance with section 108(b) of the Act, 50 U.S.C. App. 2078(b), may utilize the authority of title III of the Act to guarantee the purchase or lease of advance manufacturing equipment, and any related services with respect to any such equipment for purposes of the Act.  In considering title III projects, the head of each agency engaged in procurement for the national defense shall provide a strong preference for proposals submitted by a small business supplier or subcontractor in accordance with section 108(b)(2) of the Act, 50 U.S.C. App. 2078(b)(2).
PART IV  -  VOLUNTARY AGREEMENTS AND ADVISORY COMMITTEES
Sec. 401.  Delegations.  The authority of the President under sections 708(c) and (d) of the Act, 50 U.S.C. App. 2158(c), (d), is delegated to the heads of agencies otherwise delegated authority under this order.  The status of the use of such delegations shall be furnished to the Secretary of Homeland Security.
Sec. 402.  Advisory Committees.  The authority of the President under section 708(d) of the Act, 50 U.S.C. App. 2158(d), and delegated in section 401 of this order (relating to establishment of advisory committees) shall be exercised only after consultation with, and in accordance with, guidelines and procedures established by the Administrator of General Services.
Sec. 403.  Regulations.  The Secretary of Homeland Security, after approval of the Attorney General, and after consultation by the Attorney General with the Chairman of the Federal Trade Commission, shall promulgate rules pursuant to section 708(e) of the Act, 50 U.S.C. App. 2158(e), incorporating standards and procedures by which voluntary agreements and plans of action may be developed and carried out.  Such rules may be adopted by other agencies to fulfill the rulemaking requirement of section 708(e) of the Act, 50 U.S.C. App. 2158(e).
PART V  -  EMPLOYMENT OF PERSONNEL
Sec. 501.  National Defense Executive Reserve.  (a) In accordance with section 710(e) of the Act, 50 U.S.C. App. 2160(e), there is established in the executive branch a National Defense Executive Reserve (NDER) composed of persons of recognized expertise from various segments of the private sector and from Government (except full time Federal employees) for training for employment in executive positions in the Federal Government in the event of a national defense emergency.
(b)  The Secretary of Homeland Security shall issue necessary guidance for the NDER program, including appropriate guidance for establishment, recruitment, training, monitoring, and activation of NDER units and shall be responsible for the overall coordination of the NDER program.  The authority of the President under section 710(e) of the Act, 50 U.S.C. App. 2160(e), to determine periods of national defense emergency is delegated to the Secretary of Homeland Security.
(c)  The head of any agency may implement section 501(a) of this order with respect to NDER operations in such agency.
(d)  The head of each agency with an NDER unit may exercise the authority under section 703 of the Act, 50 U.S.C. App. 2153, to employ civilian personnel when activating all or a part of its NDER unit.  The exercise of this authority shall be subject to the provisions of sections 501(e) and (f) of this order and shall not be redelegated.
(e)  The head of an agency may activate an NDER unit, in whole or in part, upon the written determination of the Secretary of Homeland Security that an emergency affecting the national defense exists and that the activation of the unit is necessary to carry out the emergency program functions of the agency.
(f)  Prior to activating the NDER unit, the head of the agency shall notify, in writing, the Assistant to the President for Homeland Security and Counterterrorism of the impending activation.
Sec. 502.  Consultants.  The head of each agency otherwise delegated functions under this order is delegated the authority of the President under sections 710(b) and (c) of the Act, 50 U.S.C. App. 2160(b), (c), to employ persons of outstanding experience and ability without compensation and to employ experts, consultants, or organizations.  The authority delegated by this section may not be redelegated.
PART VI  -  LABOR REQUIREMENTS
Sec. 601.  Secretary of Labor.  (a)  The Secretary of Labor, in coordination with the Secretary of Defense and the heads of other agencies, as deemed appropriate by the Secretary of Labor, shall:
(1)  collect and maintain data necessary to make a continuing appraisal of the Nation's workforce needs for purposes of national defense;
(2)  upon request by the Director of Selective Service, and in coordination with the Secretary of Defense, assist the Director of Selective Service in development of policies regulating the induction and deferment of persons for duty in the armed services;
(3)  upon request from the head of an agency with authority under this order, consult with that agency with respect to:  (i) the effect of contemplated actions on labor demand and utilization; (ii) the relation of labor demand to materials and facilities requirements; and (iii) such other matters as will assist in making the exercise of priority and allocations functions consistent with effective utilization and distribution of labor;
(4)  upon request from the head of an agency with authority under this order:  (i) formulate plans, programs, and policies for meeting the labor requirements of actions to be taken for national defense purposes; and (ii) estimate training needs to help address national defense requirements and promote necessary and appropriate training programs; and
(5)  develop and implement an effective labor management relations policy to support the activities and programs under this order, with the cooperation of other agencies as deemed appropriate by the Secretary of Labor, including the National Labor Relations Board, the Federal Labor Relations Authority, the National Mediation Board, and the Federal Mediation and Conciliation Service.
(b)  All agencies shall cooperate with the Secretary of Labor, upon request, for the purposes of this section, to the extent permitted by law.
PART VII  -  DEFENSE PRODUCTION ACT COMMITTEE
Sec. 701.  The Defense Production Act Committee.  (a)  The Defense Production Act Committee (Committee) shall be composed of the following members, in accordance with section 722(b) of the Act, 50 U.S.C. App. 2171(b):
(1)   The Secretary of State;
(2)   The Secretary of the Treasury;
(3)   The Secretary of Defense;
(4)   The Attorney General;
(5)   The Secretary of the Interior;
(6)   The Secretary of Agriculture;
(7)   The Secretary of Commerce;
(8)   The Secretary of Labor;
(9)   The Secretary of Health and Human Services;
(10)  The Secretary of Transportation;
(11)  The Secretary of Energy;
(12)  The Secretary of Homeland Security; 
(13)  The Director of National Intelligence;
(14)  The Director of the Central Intelligence Agency;
(15)  The Chair of the Council of Economic Advisers;
(16)  The Administrator of the National Aeronautics and Space Administration; and
(17)  The Administrator of General Services.
(b)  The Director of OMB and the Director of the Office of Science and Technology Policy shall be invited to participate in all Committee meetings and activities in an advisory role.  The Chairperson, as designated by the President pursuant to section 722 of the Act, 50 U.S.C. App. 2171, may invite the heads of other agencies or offices to participate in Committee meetings and activities in an advisory role, as appropriate.
Sec. 702.  Offsets.  The Secretary of Commerce shall prepare and submit to the Congress the annual report required by section 723 of the Act, 50 U.S.C. App. 2172, in consultation with the Secretaries of State, the Treasury, Defense, and Labor, the United States Trade Representative, the Director of National Intelligence, and the heads of other agencies as appropriate.  The heads of agencies shall provide the Secretary of Commerce with such information as may be necessary for the effective performance of this function.
PART VIII  -  GENERAL PROVISIONS
Sec. 801.  Definitions.  In addition to the definitions in section 702 of the Act, 50 U.S.C. App. 2152, the following definitions apply throughout this order:
(a)  "Civil transportation" includes movement of persons and property by all modes of transportation in interstate, intrastate, or foreign commerce within the United States, its territories and possessions, and the District of Columbia, and related public storage and warehousing, ports, services, equipment and facilities, such as transportation carrier shop and repair facilities.  "Civil transportation" also shall include direction, control, and coordination of civil transportation capacity regardless of ownership.  "Civil transportation" shall not include transportation owned or controlled by the Department of Defense, use of petroleum and gas pipelines, and coal slurry pipelines used only to supply energy production facilities directly.
(b)  "Energy" means all forms of energy including petroleum, gas (both natural and manufactured), electricity, solid fuels (including all forms of coal, coke, coal chemicals, coal liquification, and coal gasification), solar, wind, other types of renewable energy, atomic energy, and the production, conservation, use, control, and distribution (including pipelines) of all of these forms of energy.
(c)  "Farm equipment" means equipment, machinery, and repair parts manufactured for use on farms in connection with the production or preparation for market use of food resources.
(d)  "Fertilizer" means any product or combination of products that contain one or more of the elements nitrogen, phosphorus, and potassium for use as a plant nutrient.
(e)  "Food resources" means all commodities and products, (simple, mixed, or compound), or complements to such commodities or products, that are capable of being ingested by either human beings or animals, irrespective of other uses to which such commodities or products may be put, at all stages of processing from the raw commodity to the products thereof in vendible form for human or animal consumption.  "Food resources" also means potable water packaged in commercially marketable containers, all starches, sugars, vegetable and animal or marine fats and oils, seed, cotton, hemp, and flax fiber, but does not mean any such material after it loses its identity as an agricultural commodity or agricultural product.
(f)  "Food resource facilities" means plants, machinery, vehicles (including on farm), and other facilities required for the production, processing, distribution, and storage (including cold storage) of food resources, and for the domestic distribution of farm equipment and fertilizer (excluding transportation thereof).
(g)  "Functions" include powers, duties, authority, responsibilities, and discretion.
(h)  "Head of each agency engaged in procurement for the national defense" means the heads of the Departments of State, Justice, the Interior, and Homeland Security, the Office of the Director of National Intelligence, the Central Intelligence Agency, the National Aeronautics and Space Administration, the General Services Administration, and all other agencies with authority delegated under section 201 of this order.
(i)  "Health resources" means drugs, biological products, medical devices, materials, facilities, health supplies, services and equipment required to diagnose, mitigate or prevent the impairment of, improve, treat, cure, or restore the physical or mental health conditions of the population.
(j)  "National defense" means programs for military and energy production or construction, military or critical infrastructure assistance to any foreign nation, homeland security, stockpiling, space, and any directly related activity.  Such term includes emergency preparedness activities conducted pursuant to title VI of the Robert T. Stafford Disaster Relief and Emergency Assistance Act, 42 U.S.C. 5195 et seq., and critical infrastructure protection and restoration.
(k)  "Offsets" means compensation practices required as a condition of purchase in either government to government or commercial sales of defense articles and/or defense services as defined by the Arms Export Control Act, 22 U.S.C. 2751 et seq., and the International Traffic in Arms Regulations, 22 C.F.R. 120.1 130.17.
(l)  "Special priorities assistance" means action by resource departments to assist with expediting deliveries, placing rated orders, locating suppliers, resolving production or delivery conflicts between various rated orders, addressing problems that arise in the fulfillment of a rated order or other action authorized by a delegated agency, and determining the validity of rated orders.
(m)  "Strategic and critical materials" means materials (including energy) that (1) would be needed to supply the military, industrial, and essential civilian needs of the United States during a national emergency, and (2) are not found or produced in the United States in sufficient quantities to meet such need and are vulnerable to the termination or reduction of the availability of the material.
(n)  "Water resources" means all usable water, from all sources, within the jurisdiction of the United States, that can be managed, controlled, and allocated to meet emergency requirements, except "water resources" does not include usable water that qualifies as "food resources."
Sec. 802.  General.  (a)  Except as otherwise provided in section 802(c) of this order, the authorities vested in the President by title VII of the Act, 50 U.S.C. App. 2151 et seq., are delegated to the head of each agency in carrying out the delegated authorities under the Act and this order, by the Secretary of Labor in carrying out part VI of this order, and by the Secretary of the Treasury in exercising the functions assigned in Executive Order 11858, as amended.
(b)  The authorities that may be exercised and performed pursuant to section 802(a) of this order shall include:
(1)  the power to redelegate authorities, and to authorize the successive redelegation of authorities to agencies, officers, and employees of the Government; and
(2)  the power of subpoena under section 705 of the Act, 50 U.S.C. App. 2155, with respect to (i) authorities delegated in parts II, III, and section 702 of this order, and (ii) the functions assigned to the Secretary of the Treasury in Executive Order 11858, as amended, provided that the subpoena power referenced in subsections (i) and (ii) shall be utilized only after the scope and purpose of the investigation, inspection, or inquiry to which the subpoena relates have been defined either by the appropriate officer identified in section 802(a) of this order or by such other person or persons as the officer shall designate.
(c)  Excluded from the authorities delegated by section 802(a) of this order are authorities delegated by parts IV and V of this order, authorities in section 721 and 722 of the Act, 50 U.S.C. App. 2170 2171, and the authority with respect to fixing compensation under section 703 of the Act, 50 U.S.C. App. 2153.
Sec. 803.  Authority.  (a)  Executive Order 12919 of June 3, 1994, and sections 401(3) (4) of Executive Order 12656 of November 18, 1988, are revoked.  All other previously issued orders, regulations, rulings, certificates, directives, and other actions relating to any function affected by this order shall remain in effect except as they are inconsistent with this order or are subsequently amended or revoked under proper authority.  Nothing in this order shall affect the validity or force of anything done under previous delegations or other assignment of authority under the Act.
(b)  Nothing in this order shall affect the authorities assigned under Executive Order 11858 of May 7, 1975, as amended, except as provided in section 802 of this order.
(c)  Nothing in this order shall affect the authorities assigned under Executive Order 12472 of April 3, 1984, as amended.
Sec. 804.  General Provisions.  (a)  Nothing in this order shall be construed to impair or otherwise affect functions of the Director of OMB relating to budgetary, administrative, or legislative proposals.
(b)  This order shall be implemented consistent with applicable law and subject to the availability of appropriations.  (here is where he can be stopped by Congress)
(c)  This order is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person.
BARACK OBAMA
THE WHITE HOUSE,
         March 16, 2012.

Tuesday, September 20, 2011

Lee Iacococca For President!!!!!!

Would you believe that Lee Iacocca is 82 years old and is still kicking butt? Check out his latest rant.
Just as true today as it was when his book first came out. He was, and still is, a brilliant businessman!
Often we need to be reminded of Iacocca's words.
Remember Lee Iacocca , the man who rescued Chrysler Corporation from its death throes? He's now 82 years old and has a new book, 'Where Have All The Leaders Gone?'.
Lee Iacocca Says :
'Am I the only guy in this country who's fed up with what's happening? Where the hell is our outrage with this so called president? We should be screaming bloody murder! We've got a gang of tax-cheating clueless leftists trying to steer our ship of state right over a cliff, we've got corporate gangsters stealing us blind, and we can't even run a ridiculous cash for-clunkers program without losing $26 billion of the taxpayers' money, much less build a hybrid car. But instead of getting mad, everyone sits around and nods their heads when the politicians say, 'trust me, the economy is getting better..'Better?
You've got to be kidding. This is America , not the damned 'Titanic'. I'll give you a sound bite: 'Throw all the Democrats out, along with Obama!' You might think I'm getting senile, that I've gone off my rocker, and maybe I have. But someone has to speak up. I hardly recognize this country anymore..
The most famous business leaders are not the innovators but the guys in handcuffs.. While we're fiddling in Afghanistan, Iran is completing their nuclear bombs and missiles and nobody seems to know what to do. And the liberal press is waving
'pom-poms' instead of asking hard questions. That's not the promise of the  'America' my parents and yours traveled across the ocean for. I've had enough.
How about you?
I'll go a step further. You can't call yourself a patriot if you're not outraged. This is a fight I'm ready and willing to have. The Biggest 'C' is Crisis! (Iacocca elaborates on nine C's of leadership, with crisis being the first.)
Leaders are made, not born. Leadership is forged in times of crisis. It's easy to sit there with thumb up your butt and talk theory. Or send someone else's kids off to war when you've never seen a battlefield yourself. It's another thing to lead when your world comes tumbling down.  On September 11, 2001 , we needed a strong leader more than any other time in our history. We needed a steady hand to guide us out of the ashes. A hell of a mess, so here's where we stand. We're immersed in a bloody war now with no plan for winning and no plan for leaving.. But our soldiers are dying daily.
We're running the biggest deficit in the history of the world, and it's getting worse every day!
We've lost the manufacturing edge to Asia , while our once-great companies are getting slaughtered by health care costs.
Gas prices are going to skyrocket again, and nobody in power has a lucid plan to open drilling to solve the problem. This country has the largest oil reserves in the WORLD, and we cannot drill for it because the politicians have been bought by the flea-hugging environmentalists. 
 
Our schools are in a complete disaster because of  the teachers' union.
Our borders are like sieves and they want to give all illegals' amnesty and free healthcare.
The middle class is being squeezed to death every day.
These are times that cry out for leadership.
But when you look around, you've got to ask: 'Where have all the leaders gone?' Where are the curious, creative communicators? Where are the people of character, courage, conviction, omnipotence, and common sense? I may be a sucker for alliteration, but I think you get the point..
Name me a leader who has a better idea for homeland security than making us take off our shoes in airports and throw away our shampoo?
We've spent billions of dollars building a huge new bureaucracy, and all we know how to do is react to things that have already happened.
Everyone's hunkering down, fingers crossed, hoping the government will make it better for them. Now, that's just crazy.. Deal with life.
Name me an industry leader who is thinking creatively about how we can restore our competitive edge in manufacturing. Who would have believed
that there could ever be a time when 'The Big Three' referred to Japanese car companies? How did this happen, and more important, look what Obama did about it!
Name me a government leader who can articulate a plan for paying down the debt, or solving the energy crisis, or managing the health care problem.
The silence is deafening. But these are the crises that are eating away at our country and milking the middle class dry.
I have news for the Chicago gangsters in Congress. We didn't elect you to turn this country into a losing European Socialist state. What is everybody so afraid of? That some bonehead on NBC or CNN news will call them a name? Give me a break. Why
don't you guys show some spine for a change?
Had Enough? Hey, I'm not trying to be the voice of gloom and doom here. I'm trying to light a fire. I'm speaking out because I have hope - I believe in America .. In my lifetime, I've had the privilege of living through some of America 's greatest moments. I've also experienced some of our worst crises: The 'Great Depression,' 'World War II,' the 'Korean War', the ' Kennedy Assassination,' the 'Vietnam War,' the 1970's oil crisis, and the struggles of recent years since 9/11.
Make your own contribution by sending this to everyone you know and care about. It's our country, folks, and it's our future. Our future is at stake!

Sunday, August 14, 2011

Chuck Green - On Obama May of 2010


Excellent read..........
 Here's an opinion piece by 

Chuck Green who writes 
"Greener Pastures" for the
Denver Post Aurora Sentinel...one
of the more liberal papers in the 
country. Additionally, Mr. Green 
is a life long Democrat...so this is 
rather a stunning piece... 

Obama is victim of Bush's failed 

promises
Greener Pastures Column -- 5/
 15/10 


Barack Obama is setting a record-setting number of records during his first year in office.
Largest budget ever. Largest deficit ever. Largest number of broken promises ever. Most self-serving speeches ever. Largest number of agenda-setting failures ever. Fastest dive in popularity ever.

Wow! Talk about change.

Just one year ago, fresh from his inauguration celebrations, President Obama was flying high. After one of the nation's most inspiring political campaigns, the election of America 's first black president had captured the hopes and dreams of millions. To his devout followers, it was inconceivable that a year later his administration would be gripped in self-imposed crisis.

Of course, they don't see it as self-imposed. It's all George Bush's fault.

George Bush, who doesn't have a vote in congress and who no longer occupies the White House, is to blame for it all.

He broke Obama's promise to put all bills on the White House web site for five days before signing them.

He broke Obama's promise to have the congressional health care negotiations broadcast live on C-SPAN.

He broke Obama's promise to end earmarks.

He broke Obama's promise to keep unemployment from rising above 8 percent.

He broke Obama's promise to close the detention center at Guantanamo in the first year.

He broke Obama's promise to make peace with direct, no precondition talks with America 's most hate-filled enemies during his first year in office, ushering in a new era of global cooperation.

He broke Obama's promise to end the hiring of former lobbyists into high White House jobs.

He broke Obama's promise to end no-compete contracts with the government.

He broke Obama's promise to disclose the names of all attendees at closed White House meetings.

He broke Obama's promise for a new era of bipartisan cooperation in all matters.

He broke Obama's promise to have chosen a home church to attend Sunday services with his family by Easter of last year.

Yes, it's all George Bush's fault. President Obama is nothing more than a puppet in the never-ending failed Bush administration.
If only George Bush wasn't still in charge, all of President Obama's problems would be solved. His promises would have been kept, the economy would be back on track, Iran would have stopped its work on developing a nuclear bomb and would be negotiating a peace treaty with Israel . North Korea would have ended its tyrannical regime, and integrity would have been restored to the federal government.

Oh, and did I mention what it would be like if the Democrats, under the leadership of Nancy Pelosi and Harry Reid, didn't have the heavy yoke of George Bush around their necks? There would be no ear marks, no closed-door drafting of bills, no increase in deficit spending, no special-interest influence (unions), no vote buying (Nebraska, Louisiana).

If only George Bush wasn't still in charge, we'd have real change by now.

All the broken promises, all the failed legislation and delay (health care reform, immigration reform) is not President Obama's fault or the fault of the Democrat-controlled Congress. It's all George Bush's fault.

Take for example the decision of Eric Holder, the president's attorney general, to hold terrorists' trials in New York City . Or his decision to try the Christmas Day underpants bomber as a civilian.

Two disastrous decisions.

Certainly those were bad judgments based on poor advice from George Bush.

Need more proof?

You might recall that when Scott Brown won the election to the U.S. Senate from Massachusetts , capturing "the Ted Kennedy seat", President Obama said that Brown's victory was the result of the same voter anger that propelled Obama into office in 2008. People were still angry about George Bush and the policies of the past 10 years. And they wanted change.

Yes, according to the president, the voter rebellion in Massachusetts was George Bush's fault.

Therefore, in retaliation, they elected a Republican to the Ted Kennedy seat, ending a half-century of domination by Democrats. It is all George Bush's fault.

Will the failed administration of George Bush ever end, and the time for hope and change ever arrive?

Will President Obama ever accept responsibility for something... - anything?

(Chuck Green is a veteran Colorado journalist and former editor-in-chief of The Denver Post.)


  

Thursday, February 03, 2011

Education In America - Straight from Karl Marx's "Communist Manifesto" -Item 10 "

This was copied from Poor Richards blog in its entirety.  Except for the end statements after the link.


http://poorrichards-blog.blogspot.com/2010/10/test.html

The Educational System Was Designed to Keep Us Uneducated and Docile

It's no secret that the US educational system doesn't do a very good job. Like clockwork, studies show that America's schoolkids lag behind their peers in pretty much every industrialized nation. We hear shocking statistics about the percentage of high-school seniors who can't find the US on an unmarked map of the world or who don't know who Abraham Lincoln was.
Fingers are pointed at various aspects of the schooling system—overcrowded classrooms, lack of funding, teachers who can't pass competency exams in their fields, etc. But these are just secondary problems. Even if they were cleared up, schools would still suck. Why? Because they were designed to.
How can I make such a bold statement? How do I know why America's public school system was designed the way it was (age-segregated, six to eight 50-minute classes in a row announced by Pavlovian bells, emphasis on rote memorization, lorded over by unquestionable authority figures, etc.)? Because the men who designed, funded, and implemented America's formal educational system in the late 1800s and early 1900s wrote about what they were doing.

Almost all of these books, articles, and reports are out of print and hard to obtain. Luckily for us, John Taylor Gatto tracked them down. Gatto was voted the New York City Teacher of the Year three times and the New York State Teacher of the Year in 1991. But he became disillusioned with schools—the way they enforce conformity, the way they kill the natural creativity, inquisitiveness, and love of learning that every little child has at the beginning. So he began to dig into terra incognita, the roots of America's educational system.

In 1888, the Senate Committee on Education was getting jittery about the localized, non-standardized, non-mandatory form of education that was actually teaching children to read at advanced levels, to comprehend history, and, egads, to think for themselves. The committee's report stated, "We believe that education is one of the principal causes of discontent of late years manifesting itself among the laboring classes."

By the turn of the century, America's new educrats were pushing a new form of schooling with a new mission (and it wasn't to teach). The famous philosopher and educator John Dewey wrote in 1897:

Every teacher should realize he is a social servant set apart for the maintenance of the proper social order and the securing of the right social growth.
In his 1905 dissertation for Columbia Teachers College, Elwood Cubberly—the future Dean of Education at Stanford—wrote that schools should be factories "in which raw products, children, are to be shaped and formed into finished products...manufactured like nails, and the specifications for manufacturing will come from government and industry."

The next year, the Rockefeller Education Board—which funded the creation of numerous public schools—issued a statement which read in part:
In our dreams...people yield themselves with perfect docility to our molding hands. The present educational conventions [intellectual and character education] fade from our minds, and unhampered by tradition we work our own good will upon a grateful and responsive folk. We shall not try to make these people or any of their children into philosophers or men of learning or men of science. We have not to raise up from among them authors, educators, poets or men of letters. We shall not search for embryo great artists, painters, musicians, nor lawyers, doctors, preachers, politicians, statesmen, of whom we have ample supply. The task we set before ourselves is very simple...we will organize children...and teach them to do in a perfect way the things their fathers and mothers are doing in an imperfect way.
At the same time, William Torrey Harris, US Commissioner of Education from 1889 to 1906, wrote:
Ninety-nine [students] out of a hundred are automata, careful to walk in prescribed paths, careful to follow the prescribed custom. This is not an accident but the result of substantial education, which, scientifically defined, is the subsumption of the individual.
In that same book, The Philosophy of Education, Harris also revealed:
The great purpose of school can be realized better in dark, airless, ugly places.... It is to master the physical self, to transcend the beauty of nature. School should develop the power to withdraw from the external world.
Several years later, President Woodrow Wilson would echo these sentiments in a speech to businessmen:
We want one class to have a liberal education. We want another class, a very much larger class of necessity, to forego the privilege of a liberal education and fit themselves to perform specific difficult manual tasks.
Writes Gatto: "Another major architect of standardized testing, H.H. Goddard, said in his book Human Efficiency (1920) that government schooling was about 'the perfect organization of the hive.'"
While President of Harvard from 1933 to 1953, James Bryant Conant wrote that the change to a forced, rigid, potential-destroying educational system had been demanded by "certain industrialists and the innovative who were altering the nature of the industrial process."

In other words, the captains of industry and government explicitly wanted an educational system that would maintain social order by teaching us just enough to get by but not enough so that we could think for ourselves, question the sociopolitical order, or communicate articulately. We were to become good worker-drones, with a razor-thin slice of the population—mainly the children of the captains of industry and government—to rise to the level where they could continue running things.
This was the openly admitted blueprint for the public schooling system, a blueprint which remains unchanged to this day. Although the true reasons behind it aren't often publicly expressed, they're apparently still known within education circles. Clinical psychologist Bruce E. Levine wrote in 2001:

I once consulted with a teacher of an extremely bright eight-year-old boy labeled with oppositional defiant disorder. I suggested that perhaps the boy didn't have a disease, but was just bored. His teacher, a pleasant woman, agreed with me. However, she added, "They told us at the state conference that our job is to get them ready for the work world…that the children have to get used to not being stimulated all the time or they will lose their jobs in the real world."

John Taylor Gatto's book, The Underground History of American Education: An Intimate Investigation into the Problem of Modern Schooling (New York: Oxford Village Press, 2001), is the source for all of the above historical quotes. It is a profoundly important, unnerving book, which I recommend most highly. You can order it from Gatto's Website, which now contains the entire book online for free.
The final quote above is from page 74 of Bruce E. Levine's excellent book Commonsense Rebellion: Debunking Psychiatry, Confronting Society (New York: Continuum Publishing Group, 2001).
 
From Karl Marx and Frederick Engels - The Communist Manifesto

1. Abolition of property in land and application of all rents of land to public purposes.
2. A heavy progressive or graduated income tax.
3. Abolition of all rights of inheritance.
4. Confiscation of the property of all emigrants and rebels.
5. Centralization of credit in the banks of the state, by means of a national bank with state capital and an exclusive monopoly.
6. Centralization of the means of communication and transport in the hands of the state.
7. Extension of factories and instruments of production owned by the state; the bringing into cultivation of waste lands, and the improvement of the soil generally in accordance with a common plan.
8. Equal obligation of all to work. Establishment of industrial armies, especially for agriculture.
9. Combination of agriculture with manufacturing industries; gradual abolition of all the distinction between town and country by a more equable distribution of the populace over the country.
10. Free education for all children in public schools. Abolition of children's factory labor in its present form. Combination of education with industrial production, etc.

Tuesday, December 14, 2010

You Think Our Religious Practice(Christianity) is Safe?

When it was happening overseas we ignored it with the reasoning, "It can never happen in the United States".
It's happening in Canada, it will soon be hear.


CULTURE NEWS

Sunday, December 12, 2010
Biblical Preaching Banned from Canadian TV
A Canadian evangelical preacher has been stricken from Christian TV broadcasting after homosexualists complained that he modeled himself after his counterparts in the United States by criticizing the state-sanctioned Gay Agenda.

-- From "Broadcaster suspends reverend's TV show" by CTV.ca News Staff 12/11/10

Christian broadcaster CTS has taken the television show of evangelical minister Charles McVety off the air, after an industry watchdog ruled that statements he had made about homosexuals violated its broadcasting codes.

The Canadian Broadcast Standards Council (CBSC) said that it had received complaints about how McVety's program, Word TV, had portrayed issues "such as homosexuality, Islam, Haiti and euthanasia," it said in a decision issued Wednesday.

The complaints charged that the program "had included discriminatory comments on the basis of sexual orientation, religion and mental disability," the organization said.

In response, CTS decided to suspend the show, saying that such concerns "are treated seriously."

An influential Canadian evangelical, McVety models himself on the televangical stars south of the border, and has been known to express controversial views.

To read the entire article, CLICK HERE.

From "Evangelical TV show pulled from the air" by Charles Lewis, National Post 12/10/10

. . . commenting on Toronto's massive gay pride parade, ". . . [it] is a criminal activity, to parade down the streets in the nude," Rev. McVety said on Word TV. "There is the Criminal Code of Canada that says you can't do that. It's an abuse of public space, it's abuse of our children."

The broadcasting council said Rev. McVety derided the city for advertising Toronto as a "sex tourism destination ... with full opportunity for sex with hot boys."

. . . strong comments about a proposed 2010 change to Ontario's sex curriculum that presented homosexuality in a more accepting light . . . "[W]e send little Johnny and little Jane to school, not to learn to be homosexuals and lesbians," Rev. McVety said on air. "We send them there to learn reading, writing and arithmetic and history and all these wonderful things, but unfortunately there is an activist group that is afoot that wants to change our curriculum. Why? Because unfortunately they have an insatiable appetite for sex, especially with young people. And there are not enough of them, so they want to proselytize your children and mine, our grandchildren and turn them into homosexuals."

To read the entire article, CLICK HERE.

From "Religious Program Distorted Facts and Contained Abusive Comments about Homosexuals" posted at Broadcaster, Canada's Communications Magazine 12/9/10

The CBSC's Ontario Regional Panel examined the complaints under the Human Rights clauses of the CAB Code of Ethics and Equitable Portrayal Code, which prohibit the broadcast of abusive or unduly discriminatory comment about identifiable groups. It also examined them under the Religious Programming Clause of the CAB Code of Ethics, which prohibits attacks on identifiable groups in such programming, as well as the Negative Portrayal Clause of the CAB Equitable Portrayal Code.

With respect to the comments about homosexuality, the Panel explained that the program was entitled to air objections to that practice generally, to government funding of gay pride parades and to changes made to an Ontario school curriculum that would include discussion of homosexuality. When, however, the program suggested that homosexuals prey on children, it violated the Human Rights, Religious Programming and Negative Portrayal Clauses.

. . . [McVety] also stated that "speaking out" against homosexuality is now a "crime" in Canada, which is also an inaccurate statement regarding the hate speech provisions of the Criminal Code.

To read the entire article, CLICK HERE.
Posted by Gabriel Mephibosheth at 1:02 PM
Labels: anti-Christian, ban, Bible, Canada, censorship, evangelicals, gay agenda, hate crimes, hate speech, homosexuality, indoctrination, parade, pastor, pedophilia, public schools, TV
Links to this post

Thursday, August 12, 2010

Ted Nugent's Barebone Analysis of the State of the Union

NUGENT: Extermination crew to the rescue

Time to fumigate the Washington pest haven

By Ted Nugent

-

The Washington Times

6:32 p.m., Wednesday, August 11, 2010

As leftists gain confidence with their stranglehold on Congress, the media and the White House, it is getting easier all the time to identify their suicidal tendencies. Common-sense Americans are increasingly waking up to the Obama fan club that hates entrepreneurialism, capitalism and the American Dream of excellence. Listen to Nancy Pelosi, Harry Reid, Howard Dean, Bill Maher, Keith Olbermann, Rachel Maddow, Joy Behar or President Obama, et al. for but a few moments, if you can stomach them, and their mantra is nothing less than putridly anti-individualism, anti-independence, anti-productivity, anti-logic and anti-common sense. I'm surprised Hugo Chavez hasn't invited them to move in yet.

Thank God for the First Amendment, for the freedom to express oneself is the freedom to know where they stand, and the clear and present platform of the left is contrary to everything that made this country great.

I find it painfully disheartening that the United States of America voted for Barack Hussein Obama, the leftist community organizer, in a time following the horrors of Sept. 11, 2001. Would America have voted for a clueless, inexperienced man with an anti-American voting record with the name Adolf, Eichmann or Stalin following World War II? I think not.

It is unfathomable to me that such support exists for a man who was raised and abandoned by avowed Marxist parents, whose mentor was a self-avowed Marxist, who studied and preached Marxism and communism, who attended a radical, America-hating church led by a radical America-hating pastor, who had this radical, America-hating pastor baptize his children and marry him and his wife, who has appointed as czars a gang of flagrant communists, Marxists, socialists and America-hating, capitalism-hating, U.S. Constitution-hating radicals, who associated regularly with convicted homegrown terrorists and 1960s radicals and other such egregious violations. I ask, how can this be?

The left cannot get it right and has never gotten it right. Their war on poverty is a dismal failure, succeeding only in enslaving an entire subclass of hopeless whiners who think that bling-bling, dope and booze are the three food groups.

Their mindless shoveling of massive barges overflowing with cash at the American education system has produced the dumbest group of dropouts in the history of mankind who can neither read, write, talk, spell or groom themselves. Motor City Breakdown, anyone?

When you listen to their ravings about what the government must do for the poor and helpless among us, virtually guaranteeing poverty and helplessness forever, the corrupt, arrogant bureaucrats cannot fathom why anyone would want to know where the money will come from or where it will be spent. As House Speaker Nancy Pelosi is so famous for saying, we don't need to know what is in the bill, just sign it and we might tell you later. Unbelievable.

Everyone knows that Charlie Rangel - like Tom Daschle, John Kerry and Tim Geithner, et al. - should be in jail, yet like so many of Mr. Obama's cronies, his known violations are being swept under the carpet by a viciously corrupt system that feeds upon itself and spits in the face of "we the people." The emperor has no clothes and he needs to be hung out to dry, ASAP.

All across America, the flagrant abuse of power, like what we are witnessing from the bureaucrats of Bell, Calif., is widespread, entrenched and pandemic. The vulgar superiority in government today is beyond the pale. The feds are so cocksure of their immunity that they are virtually unafraid to shove it into the faces of American families day in and day out.

Ultimately, this is good. Our Founding Fathers warned of such corruption, and it has come to be. The embarrassing naivete that has metastasized across America is now morphing into meaningful anger and boiling-point frustration. Sometimes, it takes a really stinky, nasty rat to move into our home before we admit we have a rat problem. Mr. Obama is the rat that freedom has been waiting for. The Tea Party exterminators have finally admitted to a dangerous rat problem.We are so very thankful that you thought you could just mosey into our living room and be so damned sure we wouldn't notice.

Well, we notice, Mr. President, and your time is up. We will pull the de-rat lever at the voting booth this November, and I pray to God in every election forever to be sure we stop all future rats before they get into our American house.

The good news for all you America-hating, communist-loving, social-justice engineers is that your dream is still available to you, but it is not here in America. You should go to those countries where there is no confounding U.S. Constitution, where the nanny state can treat everyone equally, no matter what level of effort you put forth, where the Lenin dream of sheeplike sub-existence is alive and well. I'm sure Hugo Chavez, Fidel Castro, Vladimir Putin or Osama bin Laden can find a place for your special talents and destructive ways.

Meanwhile, I'm with Glenn Beck and the Tea Party and hardworking, hard-playing Americans who still know that the American Dream is all about excellence and heart-and-soul effort. Where intelligent prioritization and a herculean work ethic can accomplish anything and everything you want. Where excuses are not tolerated, where rugged individualism and true independence is the core of the American Way. Where "can't" doesn't exist and miracles happen for those who believe and try.

Ted Nugent is an unstoppable American rock 'n' roll, sporting and political activist icon. He is author of "Ted, White & Blue: The Nugent Manifesto" and "God, Guns and Rock 'N' Roll" (Regnery Publishing).


Thursday, April 30, 2009

Obama's First 100 Days - Focus On The Family

4-29-09
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A Look Back at Obama's First 100 Days

staff reports
'I would hope he would do more to protect families in this country.'
On Wednesday, President Barack Obama will mark his 100th day in office. Focus on the Family Action has analyzed his decisions and policies thus far, as they relate to the family.
In his first 100 days, Obama has:
• Signed an executive order allowing taxpayer funding to go to international groups that promote or provide abortions. The “Mexico City Policy,” as it’s known, also was rescinded by President Bill Clinton and then reinstated by President George W. Bush.
• Opened the door for more human embryos to be destroyed for unethical stem-cell research despite science showing that adult stem cells provide cures; to date, embryonic stem cells have not.
• Begun the process of rescinding the Bush health care provider conscience regulations. This move comes at a time when the U.S. is experiencing a shortage of practicing physicians, a drop one senator described as reaching "crisis proportions." Making it easier for hospitals and medical schools to discriminate against physicians based on their moral or religious beliefs will only drive more of them out of the profession.
• Lifted a seven-year ban on taxpayer funding of the United Nations Population Fund (UNFPA), which is linked to forced abortion programs.
• Nominated Hillary Clinton as secretary of State. Clinton is an ardent pro-abortion politician who recently accepted Planned Parenthood’s Margaret Sanger award. During her acceptance speech, Clinton praised the eugenicist Sanger as a great American.
• Nominated Kathleen Sebelius as secretary of Health and Human Services. She has accepted campaign contributions from notorious late-term abortionist George Tiller and welcomed him into the governor’s mansion. Sebelius is one of the most pro-abortion governors in the country.
•Nominated Dawn Johnsen, former legal director of NARAL Pro-Choice America, to head the Office of Legal Counsel at the Department of Justice. Johnsen has called motherhood “involuntary servitude” and has said that restrictions on abortion make women nothing more than “fetal containers."
• Attacked charitable giving by proposing a reduced tax deduction for gifts to nonprofits. If it becomes law, it will have a major impact on faith-based ministry giving and other nonprofits.
• Signed a bill that kills the District of Columbia’s successful school-choice program. The program benefits low-income families by providing private-school scholarships. Approximately 3,500 students have benefited from this program.
• Nominated David Hamilton to the 7th U.S. Circuit Court of Appeals. Hamilton has been a board member for the ACLU and a fundraiser for ACORN. He has ordered the Indiana legislature to end its historic practice of beginning each session with a prayer, and has written an opinion in opposition to abortion clinics providing information to women about alternatives.
• Appointed Ellen Moran to a major communications post at the White House. Moran is the former executive director of the pro-abortion EMILY’s List.
• Nominated David Ogden, Tom Perrelli, Elena Kagan and Harold Koh to top Department of Justice and State Department posts. Ogden has been a legal advocate for pornography producers; Perelli helped lead the legal fight to remove the feeding tube from Terri Schiavo; Kagan supported denying military recruiters access to law schools; and Koh strongly advocates mixing foreign law into important U.S. constitutional debates.
• Expressed support for hate-crimes legislation and will sign if it reaches his desk. The House will vote on the measure April 29. The legislation creates a special class of crime based on the victim’s sexual orientation. Those accused of “inducing” a federal hate crime could be held responsible for the actions of another person. For example, pastors preaching against homosexuality could be charged with a crime if someone listening committed a “hate crime” against a gay individual.
• Ordered a legal review of hiring-and-firing standards instituted by faith-based groups that receive federal funding.
• Released a Department of Homeland Security “watch list” that included pro-life Americans.
Jim Daly, president and CEO of Focus on the Family Action, said: "Focus often gets vilified for our public policy positions, but fundamentally, what Focus on the Family is about is seeing more families like Barack Obama’s in America — a man and a woman committed to their marriage and to each other, raising their kids.
"When we have 40 percent of babies born in ’07 to unwed moms, that’s a problem for our country," he said. "Everybody should be alarmed by that. And I think his first 100 days — we’ll let the historians talk about it.
"What I’m all about is marriage and parenting, and I would hope he would do more to protect families in this country."

Tuesday, January 27, 2009

So You Think Teddy Roosevelt Was A Conservative?

Do you have a soft spot for Teddy the "Rough Rider". I do or did until I realized through this article that even the history books that I had emphasized his flamboyant character rather than the reality of his politics.


Yes, there are still many things that I admire about him....for example a quote of his about hyphenated Americans:


AMERICANS, HYPHENATED. We welcome the

German or the Irishman who becomes an American.

We have no use for the German or Irishman who

remains such. We do not wish German-Americans and

Irish-Americans who figure as such in our social and

political life; we want only Americans, and, provided

they are such, we do not care whether they are of native

or of Irish or of German ancestry. We have no room in

any healthy American community for a German-

American vote or an Irish-American vote, and it is

contemptible demagogy to put planks into any party

platform with the purpose of catching such a vote. We

have no room for any people who do not act and vote

simply as Americans and nothing else. (Forum, April 1894.) Mem. Ed. XV. 24; Nat. Ed.

XIII, 21.


But contrast that with:


If on this continent we merely build another country of great but unjustly divided material prosperity, we shall have done nothing; and we shall do as little if we merely set the greed of envy against the greed of arrogance, and thereby destroy the material well-being of all of us. . . . The worth of our great experiment depends upon its being in good faith an experiment—the first that has ever been tried—in true democracy on the scale of a continent, an a scale as vast as that of the mightiest empires of the Old World. Surely this is a noble ideal, an ideal for which it is worth while to strive, an ideal for which at need it is worth while to sacrifice much; for our ideal is the rule of all the people in a spirit of friendliest brotherhood toward each and every one of the people. (At Carnegie Hall, New York City, March 20, 1912.) Mem. Ed. XIX, 223; Nat. Ed. XVII, 170. (Emphasis added by me)


In all of his many talks and famous quotes he sounds so right then in the midst of it all comes the lies, the bombs. These are two that jumped out at me once I started reading with a more opened mind. We are not a TRUE DEMOCRACY nor did we have unjustly divided property until big government. Besides, who says what is unjustly divided property....the government?


I believe that Calvin Coolidge was the last of our Presidents that did not expand government.


Theodore Roosevelt Was No Conservative

There's a reason he left the GOP to lead the Progressive Party.


We know that Barack Obama and his allies identify themselves as "progressives," and that they aim to implement the big-government liberalism that originated in America's Progressive Era and was consummated in the New Deal. What remains a mystery is why some conservatives want to claim this progressive identity as their own -- particularly as it was manifested by Theodore Roosevelt.

[Commentary] Corbis

The fact that conservative politicians such as John McCain and writers like William Kristol and Karl Rove are attracted to our 26th president is strange because, if we want to understand where in the American political tradition the idea of unlimited, redistributive government came from, we need look no further than to Roosevelt and others who shared his outlook.


Progressives of both parties, including Roosevelt, were the original big-government liberals. They understood full well that the greatest obstacle to their schemes of social justice and equality of material condition was the U.S. Constitution as it was originally written and understood: as creating a national government of limited, enumerated powers that was dedicated to securing the individual natural rights of its citizens, especially liberty of contract and private property.


It was the Republican TR, who insisted in his 1910 speech on the "New Nationalism" that there was a "general right of the community to regulate" the earning of income and use of private property "to whatever degree the public welfare may require it." He was at one here with Democrat Woodrow Wilson, who had in 1885 condemned Americans' respect for their Constitution as "blind worship," and suggested that his countrymen dedicate themselves to the Declaration of Independence by leaving out its "preface" -- i.e., the part of it that establishes the protection of equal natural rights as the permanent task of government.


In his "Autobiography," Roosevelt wrote that he "declined to adopt the view that what was imperatively necessary for the nation could not be done by the President unless he could find some specific authorization to do it." The national government, in TR's view, was not one of enumerated powers but of general powers, and the purpose of the Constitution was merely to state the narrow exceptions to that rule.


This is a view of government directly opposed by Alexander Hamilton in Federalist 84. Hamilton explains there that the fundamental difference between a republican constitution and a monarchic one is that the latter reserves some liberty for the people by stating specific exceptions to the assumed general power of the crown, whereas the former assumes from the beginning that the power of the people is the general rule, and the power of the government the exception.


TR turns this on its head. In his New Nationalism speech he noted how, in aiming to use state power to bring about economic equality, the government should permit a man to earn and keep his property "only so long as the gaining represents benefit to the community." The government itself of course would determine what represented a benefit to the community, and whether society would be better off if an individual's wealth was transferred to somebody else.


We can see the triumph of this outlook in progressive income taxation, which TR trumpeted in his speech (along with progressive estate taxes). We may also see this theory in action when a government seizes private property through eminent domain, transferring it to others in order to generate higher tax revenues -- a practice blessed by the Supreme Court in its notorious Kelo v. New London decision of 2005.


Some conservatives today are misled by the battle between TR and Wilson in the 1912 presidential election. But Wilson implemented most of TR's program once he took office in 1913, including a progressive income tax and the establishment of several regulatory agencies, such as the Federal Trade Commission.


Others are misled by TR's crusade against an activist judiciary. But unlike our courts today, the judiciary during the Progressive era properly struck down legislation that violated our bedrock rights to liberty of contract and private property. TR hated the judiciary precisely for standing up for the Constitution; this is certainly no reason for conservatives today to latch on to his antijudicial rhetoric.


Many who respect individual liberty and the free market believe that the electoral tide has turned, and that an era of big government is inevitable. But recall that John McCain gained traction in the closing days of his campaign only when he attacked Mr. Obama's desire to "spread the wealth" through higher tax rates on the upper-income earners. His attack clearly resonated among the public. But it came too late, and truth be told, his heart wasn't really in it.


Looking ahead, conservatives hardly need to look back to progressives for inspiration. If there is a desire to "conserve" or restore something about our political tradition that has been lost with the rise of modern liberalism, how about the American founding as a model? It is with the founders that we can find the patriotic promotion of America as an exceptionally great nation -- a notion that attracts some conservatives to TR.


The difference is that, with the founders as a model, we get the idea of American greatness, but without the progressives' assault on the very enduring principles that justify America's claim to greatness in the first place.


Mr. Pestritto is the Shipley Professor of the American Constitution at Hillsdale College and a senior fellow at the Claremont Institute. Among his books are "Woodrow Wilson and the Roots of Modern Liberalism" (Rowman & Littlefield, 2005).

Wednesday, October 01, 2008

Bailout Basics 101 - Mark Alexander

Bailout Basics 101

By Mark Alexander

From Patriot Post Vol. 08 No. 39; Published 26 September 2008

Money to burn?

"For years I have been concerned about the regulatory structure that governs Fannie Mae and Freddie Mac ... and the sheer magnitude of these companies and the role they play in the housing market. ... If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole." --John McCain arguing in 2005 for passage of the Federal Housing Enterprise Regulatory Reform Act (S. 190), which he sponsored.

While Sen. McCain is being pilloried by his opponent, Barack Hussein Obama, for asserting (correctly) in recent weeks that the fundamentals of most U.S. economic sectors are sound, clearly, Sen. McCain has understood for years that irresponsible lending practices for U.S. housing posed "enormous risk ... to the housing market, the overall financial system, and the economy as a whole."

Obama was out politicking the week the meltdown began (ostensibly itching for a debate that he'd been avoiding all summer), McCain suspended his campaign to work with Republicans in Congress, outlining conditions for an agreement that would both protect the American taxpayer and thwart a meltdown of the U.S. economy. So, "Country First" is not just a campaign slogan...

The enormous risk that Sen. McCain warned of in 2005 has now manifested as a financial crisis of staggering proportions.

That crisis can trace its roots to Bill Clinton's signature on legislation making it easier for minority constituents with bad credit to obtain mortgages. On 20 November 1994, Clinton signed the United Nations International Convention on the Elimination of All Forms of Racial Discrimination. Article V(e)(iii) of that treaty asserts that all people have a "right" to housing.

A year later, in order to comply with the treaty and win the hearts and minds of millions of low income constituents, he had his Treasury Secretary, Robert Rubin, rewrite the lending rules for the Community Reinvestment Act, opening the Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation) subprime flood gates.
In other words, mortgage lenders were able to make millions of loans to borrowers who, subject to free market standards, would not have been able to qualify for loans.

In 1999, financial analysis by The New York Times noted, "Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people.... In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the [thrift industry] savings and loan industry in the 1980's."

Indeed, the article quoted economist Peter Wallison from the conservative American Enterprise Institute, who warned, "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."

Clinton's legislation, in effect, applied affirmative action to the lending industry, which is to say that the current crisis is NOT a "free market failure" but the result of socially engineered financial policy by the central government. The mortgage markets welcomed their new customers with open arms, fueling a real estate boom across the board.

These so-called "subprime mortgages," which were offered at variable interest rates, were widely perceived as good investments by financial institutions, which bought bundled mortgages from Fannie Mae and Freddie Mac.

Investors used the high-risk bundled mortgages to secure assets in other markets fueling profits for investment banks and mortgage lenders. The subprime market expanded rapidly and the mortgage instruments were used by other firms as collateral for investments in stocks, commodities and the like.

Unfortunately, other than John McCain, few questioned the pell-mell regulatory system of oversight for these transactions until large cracks appeared in our economy's foundation. The housing market became saturated, market prices did what free prices do when there is more supply than demand -- they began to drop. As a result of the "bubble burst" the first big collapse of a mortgage lender was Countrywide, the nation's largest subprime lender. Then banks and mortgage lenders large and small began downsizing, dumping assets and closing their doors, which triggered a further drop in housing prices and mortgage defaults.

Bear Stearns filed for bankruptcy in early 2008. By the summer of '08, Fannie Mae and Freddie Mac, holders of trillions of dollars in mortgages, were bailed out with 200 billion taxpayer dollars. Lehman Brothers filed for bankruptcy, and insurance giant AIG was given an $85-billion taxpayer prop to keep it solvent.

As Congress debated whether to implement the Democrat-backed "bailout plan" or the Republican-backed "workout plan" in late September, Washington Mutual Inc. was seized by the Federal Deposit Insurance Corporation (FDIC) after collapsing under the weight of reams of bad mortgages. (WaMu, listing $307 billion in assets, becomes the largest bank failure in U.S. history. The FDIC sold WaMu's assets for $1.9 billion to JPMorgan Chase & Co., which bought Bear Stearns Cos. earlier this year.)

The serious economic calamity confronting our nation, and the world, is being labeled a "credit crisis." But we are on the verge of a crisis of cascading confidence in the U.S. economy, which, in the absence of aggressive intervention which includes free market reforms, could result in a dramatic recession affecting every sector of the U.S. and, eventually, world economy.

The catastrophe looming just over the horizon is indeed that big, and we must all hope that the solution is big enough to interrupt the domino effect already underway. But the "quick action" called for by President George Bush will likely not be forthcoming as the Democrats will, undoubtedly, attempt to pad their gargantuan bailout package with billions of dollars in earmarks.

Of course, government solutions beg the question, "Is the people's confidence in their government is sufficient to thwart cascading confidence in our economy?" In the inimitable words of Ronald Reagan, "Government is not the solution to our problem. Government is the problem." Of course, the only institution big enough to address a problem of this magnitude is the one that created it -- our central government.

Perception v. Reality

Essentially, perception defines value, and the shared confidence in our perception of the value of one major sector of our economy, the housing market, has eroded dramatically.

To understand the notion of perceived value, consider all that paper we call currency. If I walk into a store and pull out one of these pieces of paper with Ben Franklin's picture handsomely printed upon it, the store proprietor will accept that paper in trade for some of his products or services because he believes it to have intrinsic value (which it once did, when it was backed by hard assets -- gold and silver). But make no mistake: The value of that piece of paper is nothing more than it is perceived to be. Thus, if the proprietor's confidence in that perception becomes diminished, he may begin to think such a piece of paper is worth only half its face value, or perhaps nothing at all.

And if my paper is perceived to have no value, I will not be able to do commerce in this or any other store.

For two decades, our confidence in the perceived value of pieces of paper called mortgages has been growing rapidly, and because the prevailing perception has been that a house will be worth more tomorrow than it is today, financial institutions have aggressively enabled buyers to assume mortgages to purchase houses. (Actually, mortgages are now traded electronically as binary data -- value that!)

However, in the 18 months, confidence in the perceived value of real estate has far outpaced economic realities, and consequently, mortgage defaults have trended upward. That realization has resulted in what now has become a precipitous erosion of confidence in the value of real estate, and consequently, housing market values have collapsed in many areas of the country where they were unduly inflated.

While perception can be shaped and molded, reality is finite. The reality, in this case, is that a house and its outstanding mortgage are worth not a nickel more than a buyer is willing to and capable of paying for it.

Thus, the devaluation of mortgages has had an enormous financial impact on institutions that trade in "packaged mortgages," and consequently, on other institutions that trade with them, and, well you get the picture. The dominos have begun to fall.

Moreover in an effort to keep their dominos standing, because of the potential that any new lending would result in additional foreclosure exposure if the housing market continues to decline, banks have restricted lending in order to preserve the capital necessary to cover the cost of a growing number of foreclosures. The constriction of the money supply extends far beyond the housing markets, as loans for business development and expansion are also drying up.

This combination of events creates the perfect economic storm, and the rain has begun.

Consequences of cascading confidence

Confidence in the perceived value of financial instruments, which are the foundation of our economy, is calculated minute by minute by indices such as Dow Jones, Standard and Poor's, and other measures of financial markets. These measurements amount to investor confidence indices, polls of investor perception about the strength and stability of the economy. The stability and direction of these indices are a good indication of investor confidence.

If the indices indicate significant instability of investor confidence, that instability can cause the financial markets to collapse in a single day. (See: "Great Depression.")
Here, it's important to note that the vast majority of Americans are among the "investor class." This isn't just about "the rich." Whether you trade millions of dollars in securities daily or like cream in your coffee, you are a shareholder in our economy, and have a stake in that place called "Wall Street."

Thus, the plan proposed by President George W. Bush and Treasury Secretary Henry Paulson -- waiting for majorities in Congress to determine the details -- is an effort to stabilize investor confidence by authorizing up to $700 billion in Treasury securities in exchange for at risk mortgages. In effect, this will relieve lenders of liability for those mortgages -- which constitute about five percent of all mortgages.

Wednesday, 24 September, President Bush addressed the nation with a concise explanation of the current crisis:
"This is an extraordinary period for America's economy. Over the past few weeks, many Americans have felt anxiety about their finances and their future. I understand their worry and their frustration. We've seen triple-digit swings in the stock market. Major financial institutions have teetered on the edge of collapse, and some have failed. As uncertainty has grown, many banks have restricted lending. Credit markets have frozen. And families and businesses have found it harder to borrow money. We're in the midst of a serious financial crisis... So I've proposed that the federal government reduce the risk posed by these troubled assets, and supply urgently needed money so banks and other financial institutions can avoid collapse and resume lending. This rescue effort is not aimed at preserving any individual company or industry -- it is aimed at preserving America's overall economy. It will help American consumers and businesses get credit to meet their daily needs and create jobs. And it will help send a signal to markets around the world that America's financial system is back on track."

What about a free-market solution?

We should all hope that Republicans can succeed in crafting legislation that is more workout than bailout, the former requiring implementation of market solutions and accountability, as proposed by Sen. McCain and former House Speaker Newt Gingrich. If not, the cure may be worse than the disease. After all, it was the suspension of free-market principles that got us into this mess.
If Republicans can extend the debate long enough to let rationality return to the securities markets, then maybe this will be a $200 billion workout rather than a $700 billion bailout.
But I agree with President Bush's comments regarding the necessity of intervention: "I'm a strong believer in free enterprise. So my natural instinct is to oppose government intervention.

I believe companies that make bad decisions should be allowed to go out of business. Under normal circumstances, I would have followed this course. But these are not normal circumstances. The market is not functioning properly. There's been a widespread loss of confidence. And major sectors of America's financial system are at risk of shutting down."
Further, he is correct in outlining this potential scenario: "More banks could fail, including some in your community. The stock market would drop even more, which would reduce the value of your retirement account. The value of your home could plummet. Foreclosures would rise dramatically. And if you own a business or a farm, you would find it harder and more expensive to get credit. More businesses would close their doors, and millions of Americans could lose their jobs. Even if you have good credit history, it would be more difficult for you to get the loans you need to buy a car or send your children to college. And ultimately, our country could experience a long and painful recession."

Finally, it is worth noting that $200-$700 billion is a bargain compared to the economic cost if the economy spirals into a severe recession -- or worse.

It should also be noted here that there are significant, albeit unspoken, national security implications of a precipitous economic decline in the U.S. Where our economy goes, the world economy follows, and there will be significant national security consequences. For example, if China's economy contracts more rapidly than at present, keeping pace with U.S. economic decline, the consequences will likely be some significant internal and external "mischief" scripted by the Communist Party. As for India and Pakistan...you get the picture.
(Memo to Congressional Republicans: As you consider how to salvage the financial markets, consider repealing Sarbox, the Sarbanes-Oxley Public Company Accounting Reform and Investor Protection Act of 2002, which has maintained a choke hold on financial institutions and is high on the list of proximate causes for the failure of Countrywide and Bear Stearns.)

Can any of this colossal expense be recovered?

Fortunately, there are real assets backing up these mortgages -- bricks and mortar, and the land upon which the foundations rest -- but this is no "deal for taxpayers."
Yes, the proposal is to exchange Treasury notes for illiquid mortgage-backed securities, the latter being greatly depreciated now that the overinflated and over-leveraged real estate bubble has burst. And yes, most of those mortgages will be sold back to into the market for more than the government purchase price. But, to suggest that the "taxpayers will be paid back" is disingenuous, if not a massive, outright deception.

Congress is going to serve as the "watchdog" over the dispensing and recovery of these funds? Can you say, "fox in the henhouse"?
Even if Congress sets up a "trust fund" in order to use recovered funds to pay down the debt incurred to back financial institutions, we should consider that "lockbox" to be as safe as the Social Security Trust Fund lockbox. Every dime paid into Social Security has been spent on government programs, leaving that fund with a bunch of IOUs.

No doubt, every dime recovered from the private sector will be treated as revenue to expand government programs, and the debt will be left on the books.

To pay for the bailout, Democrats are sure to demand higher taxes from "the rich Wall Street fat cats who got us into this mess." While this mess clearly ended on Wall Street, it didn't start there, but, undeterred, the Democrats will always bank on this observation from George Bernard Shaw: "A government which robs Peter to pay Paul can always depend on the support of Paul."

And, of course, if the current plan to restore economic confidence does not succeed, you know the Demos have "Plan B." Don't ask...

Economics as political fodder?

One staple of the Democrats' political playbook is the use of scare tactics to rally constituencies. Indeed, Obama and other Demos have been dishing out a steady stream of dire economic rhetoric in order to keep their constituents in line. Undoubtedly, all that economic hyperbole has influenced public perception of our economy and confidence in our economy. High on the list of issues President Bush discussed with candidates McCain and Obama when he called them to Washington five weeks ahead of the presidential election was a request that they (read: "Obama") cease and desist using volatile housing and financial markets as political fodder.

Chances are slim to none that Obama will not make hay of the current crisis for political gain, but then, few Democrats have ever put country first.