Wednesday, September 17, 2008

Obama Wants Reform and Change, But Will He Clean His Own House?

Senator McCain and Senator Obama are both calling for change and reform in Washington. It's not just what the people want in this country right now, but what we are demanding. After today's debacle in the financial district, it's alarming that there is still little action being taken to fix the problems instead of using a band aide as a solution.

Which of these candidates will actually bring the change that we desperately need? Will each candidate truly reach across the aisle and work with their opponents to make change happen? John McCain continuously says during his stump speeches that he will reach across the aisle to work with Democrats. During his acceptance speech for the Republican nomination, McCain stated that he would appoint Democrats and Independents in his administration. I tried to find where Senator Obama made the same statements, but was unable to do so.

With these things in mind, I want to test the fact that Senator Obama is not the reformer or change agent that he claims to be. You cannot change Washington without first challenging your own party. Democrats are currently the majority in both houses. In order to actually change Congress, he must immediately call for the resignation of the following members of Congress from their Chairman positions to clean his own house.

Kent Conrad-Chairman of Senate Budget Committee:
Senator Conrad recently admitted that he received a sweet-heart mortgage deal from Countrywide when buying an apartment building. He was part of the "Friends Of Angelo" scandal and eventually donated the money that he did not pay during his closing to charity. ($10,500) I guess he didn't understand the budget...mmmm.

Christopher Dodd-Chairman of the Banking, Housing, and Urban Affairs Committee:
Senator Dodd was also part of the "Friends of Angelo" sweet-heart mortgage deal scandal. He received over a $5,000 discount in his mortgage. The fun doesn't stop there with this one. He also received the most donations from Fannie Mae, Freddie Mac, and AIG of all politicians in Washington. Wow....did he profit from being head of the Banking Committee or what?

Barney Frank-Chairman of the Financial Services Committee:
If you read my blog from yesterday, you know that in 2006 he said that there were no issues with Fannie Mae and Freddie Mac and that no additional regulation was needed. This is the head of the Finance Committee for the House. Are you kidding me? If the head of the Committee didn't see it coming, how could he do anything about it?

Charlie Rengel-Chairman of the Ways and Means (taxation) Committee:
A few weeks ago, it was brought to Mr. Rengel's attention that for over a decade he paid no interest on a loan for a villa at a Resort in the Dominican Republic. He also failed to report rental income on the property on his Federal and State Tax Forms. HELLO....he is head of the Taxation Committee. He threw his wife under the bus saying that she is the one who takes care of their taxes. Unbelievable.

I won't mention Nancy Pelosi and Harry Reid. In 2006, Americans voted the Republicans out of office because of the war and corruption. The new Democratic Leadership brought promises of change and an unprecedented level of ethical behavior. This is the worst rated Congress with the worst accomplishment record in history. Don't worry though. I am sure that Senator Obama will bring change if he is elected. I am sure he will stand up to Pelosi, Reid, Howard Dean. Should I continue?

Well, take a look at those who are advising Senator Obama during his campaign. Two of Obama's top financial/economic advisers were the former heads of Fannie Mae and Freddie Mac. Jim Johnson and Franklin Raines were the heads of the two organizations and made millions off of them. Franklin Raines was one of the heads of Lehman Brothers which just went defunct this week.

Will Senator Obama really bring change and reform to Washington? When will he begin to reach across the aisle? Which Republicans will Senator Obama appoint in his administration? Just a few things to consider when deciding your vote in the next several weeks.

5 comments:

Jannie "Funster" said...

I'm smart too! McCain / Palin in '08.

Obama, bad.
McCain, good.

Any questions, people?

Meg an Aggie in Frisco said...

Ditto... God Help Us. We have to get McCain in office in '08. I have asked off from work on the 5th, because I know I will have been up all night watching. My vote does not help much here in TX. If I could only get a few relatives in PA to see the light...

Oh and all these financial woes... It started in the Clinton years. I used to be in title and I saw the loans that were being done. I wondered why people kept refinancing and refinancing... I did not understand it. I wondered why the underwriters approved the loans. I wondered why investment banks bought the bundled loans.

Also, I do believe the base structure of our economy is strong, I pray it is strong enough to weather this storm.

pf said...

meg: don't worry, voters in Pa. are "clinging to their guns and Bibles" all the way to the voting machines. Although I am not currently able to vote in Pa. this year, I will be holding up my end in Florida. My family who are devout Dems in Pa. are voting McCain/Palin; my brother isn't so sure about McCain but loves Palin. Barring some kind of computer fraud by obamabots, McCain should secure the Presidency with a female V.P. that I hope will annoy Nancy Pelosi into oblivion.

Saw Donald Trump on Fox's Greta tonight and he is endorsing McCain and thinks Sarah is great. I guess I will have to revise my opinion of him.

Meg an Aggie in Frisco said...

pf, Thank God your family is wise... I do think my normally low blood pressure is a bit raised this week. Why is Charlie Rengel no being censured?

Breath in Breath out...

Jeff, Star and Taya said...

That was a great post and something to think about during these next couple months. Thank you for your comment! I very much enjoy your blog!

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