Former GE CEO, Jack Welch,
appeared this morning on
Fox and Friends.  Welch de-
clared that all of the side
issues about Barack Obama,
his past associations, sup-
ressed videos by the L.A.
Times, and other facts are
all irrelevant.  This election
comes down to one thing,
JOBS!

Welch refers to a recent
article in the New York
Times about economic
hardship in Rhode Island.
Several people were fea-
tured about their struggles.
Much like those shown in
the Obama infomercial of
last night.  But Welch then
points out that the Times
article failed to connect
the economic problems in
Rhode Island with their
tax policy.

Rhode Island ranks 48th
in best states to do business
in.  My state, Michigan, is
49th!  LOL!!!  Why do these
states suck?  Taxes, unions,
and regulations!  Who wants
to start or run a business in
a place that is hostile to-
wards those who want to be
productive?  The answer is
simple... NOBODY.

Most new businesses going
to states like Rhode Island
and Michigan are those with
twenty or fewer employees,
deliberating staying small to
skirt laws imposed on com-
panies with 25 or more em-
ployees.  Larger corpora-
tions ONLY relocate to such
states when they have
secured a sweetheart deal
in tax breaks and exemp-
tions to laws.

Welch argues that the tax
policies of Obama will have
the same effect nationwide.
Sure, many CEOs have
jumped onboard the Obama
bandwagon.  Have they al-
ready cut deals for favorable
treatment?  Obama intends
to raise taxes on corpora-
tions, despite the fact that
America ranks second in
corporate tax rates behind
only Japan.  He also pro-
mises to increase capital
gains taxes.  This, at a time
when people are already
losing money in their invest-
ments.  Such money is the
fuel for our credit markets
which keep consumer and
commercial loans flowing.

Obama claims he will give
companies a $3,000 tax
credit for each new employ-
ee they hire.  Somehow, I,
and Jack Welch, do not see
that as sufficient incentive
for companies to hire more
workers.  In a time where
such companies are look-
ing to reduce costs to sur-
vive, hiring more people
is the last thing they will
do, especially with such a
puny credit.

Recent polls show the race
tightening nationwide, as
well as in many swing states.
A new Rasmussen poll re-
leased today taken between
Oct. 28-29 shows that on
taxes, McCain is now trusted
slightly more than Obama.
It would appear that the
messages of Joe the Plum-
ber and even Tito the Buil-
der are now resonating.
Is it too little, too late?

Early voting in several key
states, like Florida and
Nevada, show that the much
vaunted youth vote is run-
ning at or less than normal.
In Nevada, early votes are
running nearly dead even
between Republicans and
Democrats.  In Florida, the
Republicans appear to be
turning out in larger num-
bers!  

People generally vote their
pocketbooks.  And what
they are apparently doing
is questioning just how
much Obama will take from
them?  Over the past week,
the goal line keeps moving
around as to who Obama
is intending to tax.  He and
Joe Biden have quoted
everything from $250,000
a year per family to $150,000
a year.  Last night, on his
infomercial, Obama said
families earning $200,000 a
year.  

Another major factor now is
the realization that if Obama
gets elected, as well as the
Democrats increasing their
holds in both wings of the
Congress, an extreme liberal
agenda could be executed.
Already, some are talking
about either taxing, or even
confiscating people's 401K
retirement plans!  Senator
Harry Reid is also planning
to reinstate a ban on off-
shore drilling, which will
impact future oil prices.

The Democrats seem to be
reverting back to their true
ambitions, to expand the
size and power of govern-
ment.  Tax enact wealth
redistribution, penalizing
producers and increasing
costs and prices to all. It
is a recipe for higher un-
employment and more
economic misery.

We already appear to be
on the verge of national-
izing key elements of our
financial institutions. What
is next?  Health care?  Oil
production?  Agriculture?
Manufacturing?  The
Democrats are preparing
to carry out the objectives
of Marxism, to seize the
"Commanding Heights"
of our economy.

Will the remaining days
before November 4th
be enough for Americans
to wake up from the hypno-
tic influence of Obama?
Will they come to realize
that our very liberty may
be voted away?  That we
face becoming a banana
republic, led by a cult of
personality?  Stay tuned,
folks!

Former Deputy Attorney
General of the state of
Pennsylvania, Philip Berg,
has been handed a blow
by Judge R, Barclay
Surrick.  Berg filed papers
in Philadelphia's Federal
Courts back on August 21
for a civil suit against the
DNC and Barack Obama.
It is Berg's opinion that
Barack Obama is not
qualified to serve as the
President of the United
States.  You have probably
not heard of this story, as
the Main Stream Media
has suppressed it.  But
it is real and in process
of being resolved.

Berg's arguments are two-
fold.  First, he cites reports
that Obama's Kenyan grand-
mother has verbally claimed
to have been witness to his
being born in Kenya!  Berg
claims to have recordings of
her saying as much.  Berg's
second objection is focused
on whether or not Obama
was adopted by his mother's
second husband Lolo
Soetoro, and therefore was
for a time an Indonesian
citizen.

This second circumstance
would mean that either
Obama is a naturalized
citizen, if he was properly
processed through Immi-
gration, and still ineligible
to serve as president under
the Natural Born Citizen
Clause, or is in fact an
illegal alien, and therefore
ineligible to even serve as
a U.S. Senator!    Berg cites
a school document from
when Obama lived in Indo-
nesia, showing him to be
using the name, Barry
Soetoro, as well as Obama's
trip to Pakistan which he
admits to making in his
autobiography, "Dreams
From My Father".  In 1981,
Obama would not have been
allowed to enter Pakistan
with a U.S. passport, which
begs the question, did he
use an Indonesian passport
for his trip?

Judge Surrick has dismissed
Berg's case today, 10/25/08,
issuing a 34-page document
which can be read at Berg's
website, obamacrimes.com.
While the judge did not seem
all that impressed with the
evidence Berg presented, his
Hon. Surrick's reason for the
dismissal is based on the
premise of whether or not
Berg has the 'standing' to
sue Obama and the DNC.
He explains the question is
who would have a personal
stake in the matter?  Is Berg
an injured party? Did those
being sued injure the plain-
tiff?  And would adjudication
of the matter actually provide
any redress to the plaintiff?

Berg's basis for injury-in-fact
is that by allowing Obama to
run for president, Obama
and the DNC are risking
voter disenfranchisement
and that should Obama win,
risk a Constitutional crisis
for the nation.  Surrick
writes that the harm cited
by Berg, "...is too vague
and it's effects too attenu-
ated to confer standing on
any and all voters."  Surrick
goes on to say that in his
opinion, only Congress
can determine whether
citizens, voters or party
members can police the
Constitution's eligibilty
requirements for the office
of the Presidency.  

Surrick compared Berg's
lawsuit to a similar one
filed earlier this year by
Fred Hollander against
John McCain.  McCain was
born in the Panama Canal
Zone and Hollander con-
tested his eligibility as being
not a natural born citizen.
But in McCain's case, he
was born at a U.S. Navy
hospital and both of his
parents were natural born
citizens.  Unlike Obama,
who's father was not born
in the United States and
was not naturalized.
There is also a more esoteric
legal issue, stemming from
a 1940 law defining natural
born, which was still in effect
in 1961 when Obama was
born.  As Hawaii had been a
U.S. territory, some would
argue that Obama's mother
would only be considered
natural born after she had
resided in Hawaii for some
five years after it had be-
come a 'state'.  But she,
and Barack, left before
meeting that requirement
when she married Soetoro.

Berg's lawsuit required that
Obama produce a birth cer-
tificate, proving his status.
Obama has yet to do so.
A copy of a certificate of
"live birth" was posted on
the Obama website and a
similar document that also
had a seal imprint at
Factcheck.org.  However,
such a document is not
the same as a true birth
certificate.  Also, Berg had
both analyzed and claims
that both are forgeries,
and were originally docu-
ments for Obama's step-
sister, Maya.  Which raises
another issue as Maya was
born in Indonesia!

Berg is undaunted by today's
setback.  He will be filing an
appeal to the U.S. Supreme
Court.  "The question of who
has standing to stand up for
the Constitution", Berg said.
"If I don't have standing, if
you don't have standing, if
your neighbor doesn't have
standing to ask whether or
not the likely next president
of the United States -- the
most powerful man in the
entire world -- is eligible to
be in that office in the first
place, then who does."

Some speculate that the
recent trip Obama made
to Hawaii had more to do
with the Berg lawsuit than
with visiting his maternal
grandmother.  She was
reported to be gravely ill
after breaking her hip.
But Obama did not imme-
diately fly to her bedside.
While he claimed that he
would "rush to her side".
he was rushing for some
FOUR DAYS before he
finally boarded a jet!  Also,
if she was truly in such a
condition, one would think
that Obama would go to
her along with his wife and
children?  But Michelle con-
tinued to make campaign
stump speeches instead.

Berg has been seeking for
Obama to release all rele-
vent documents on his
citizenship, including his
school records as well as
those involved in admis-
sion to the universities he
attended.  Berg believes
that Obama may have used
his status as an Indonesian
to obtain funds and interna-
tional student privileges.
An attempt by Obama and
the DNC to have the case
dismissed was rejected by
Judge Surrick earlier, which
could explain why Obama
felt the need to return to
Hawaii to obtain a birth
certificate, or cover up the
lack of one.

Under Indonesian law at the
time, only way Obama would
have been able to attend the
school he went to was if he
was either adopted, or recog-
nized by Lolo Soetoro as his
son.  A copy of his school
enrollment record is also at
Berg's website, showing
Obama to be Barry Soetoro
and his religion listed as
Muslim.  Under Islamic law,
the son is automatically con-
sidered Muslim if the father
is such.  In both cases, either
Lolo Soetoro and Barack
Hussein Obama Sr were
Muslim.  I have stated that
my personal opinion is that
Barack Jr probably followed
his mother's inclinations and
was raised as an atheist.  So
his religious convictions are
not the issue here.  The is-
sue is his nationality!

Berg, a life-long Democrat,
also named the DNC in his
lawsuit as a co-defendant.
He believes that it was the
responsibility of the DNC to
determine Obama's eligibility
prior to the Democratic con-
vention in Denver.  Berg
says that DNC Chairman
Howard Dean should have
confronted Obama and veri-
fied Obama's eligibility be-
fore being named the party's
nominee.  Berg goes on to
say that he first began hear-
ing of the eligibility issue in
2007, before the primary sea-
son had begun.  That the
Republicans had investiga-
tors in Kenya and Indone-
sia looking into Obama's
background.

Berg also said during an
interview on the Mike
Savage Show on 10/23/08
that he spoke with a baris-
ter from England who
claimed to have contacts
within the British govern-
ment and the FBI and CIA
in the United States, all of
whom believe that Obama
is ineligible to serve as
president due to these
citizenship issues.  That
most of the European
nations believe likewise.
Berg speculates that the
Republicans will launch
an "October Surprise"
ad raising the citizenship
issue the final week of
the campaign.  Berg also
points out that while the
election is on Nov. 4th,
should Obama win, he
must still be ratified by
the Electoral College in
late December, and does
take the oath till Jan. 20,
2009.  Berg hopes that the
Supreme Court will hear
and rule on his lawsuit
before then.

With only 13 full days left to
go before election day, the
Obama campaign is pulling
out all the stops.  They plan
to spend some $100 million
dollars this week alone in
TV advertising.  McCain,
who opted for public funding,
will be lagging way behind.
Their only advantage it seems
is Joe the Plumber and the
true nature of Obama’s tax
and spending policies.

Joe Biden added another as-
pect this week, predicting that
should his boss, Obama, get
himself elected, there will un-
doubtedly be an international
crisis of some sort designed to
test Obama's metal.  Great!
Just what we need!  Take your
pick as to who and what may
occur?  Russia, China, India,
Pakistan, Iran, Venezuela, or
our old friends, Al Qaeda.  We
have not heard much from
them lately, though recent
posts at websites hint that they
may be planning for something
against us after the elections.

Obama's fitness and judgment
to lead our nation as been a
quiet issue.  The Main Stream
Media won't touch it at all.
When others do, they are de-
nounced as anything between
petty to racist.  There is plenty
to question.

His past associations have
been hashed over with seem-
ingly little effect on the general
population.  His recent revela-
tions on his tax and spending
policies do seem to have hit
a nerve.  Especially after Joe
the Plumber got Obama to
speak the truth for once. We
also had Barney Frank say
today that the proposed new
stimulus package, which will
hand out some $300 Billion
dollars to everyone, even those
who pay no income taxes, is
a good thing, despite it's im-
pact on the budget deficit.

Even Federal Reserve Chair-
man, Ben Bernanke, now
seems comfortable with the
idea of the first TRILLION
dollar budget deficit in history.
Frank says we can always tax
people later to make up for
the shortfalls.  When?  After
he and Obama are out of
office?  We've been able to
carry the huge debt we have
now thanks to the low interest
paid out on Treasury notes.
That could easily change,
especially if inflation rears it's
ugly head, which will happen
if we keep throwing money
at every problem.

Obama seems content with
trying to buy the election with
his promises of easy money.
That fact that he'll need to
rob somebody to pay for it
down the road is of no con-
cern to him.  Just as it is of
no concern that groups like
ACORN are actively engaged
in helping him steal the elec-
tion with vote fraud.

Why should this bother Obama
is a good question to ask about
his fitness and judgment.  Let
us look back at how he stole
the nomination from Hillary
Clinton.  Yes, that's right!
STOLE!!!

If you have not heard about the
widespread voter fraud during
the Democratic primaries, you
have to ask why?  Why did the
MSM cover it up?  It was bad
enough that Obama played
fast and loose with the rules
to prevent Michigan and
Florida from counting sooner
when it would have made a
significant difference.

To get part of the untold story
of how Obama stole the nomi-
nation, you must search You-
Tube for the documentary,
"We Will Not Be Silenced".
This link will take you to
Part One of a four-part
video.  You will learn about
all of the tactics used by
Obama supporters in the
caucuses and primaries
held earlier this year.

Voters denied access to polls
by thugs.  Voters lied to about
being counted.  False ballot
sheets being submitted by
Obama supporters.  School
children being bused to
polls and told how to vote.
People being shouted down
and intimidated at caucuses.

The list goes on and on.  From
Iowa to Indiana, Obama and
his supporters used a wide
range of tricks and tactics to
steal the election.  It is quite
obvious from the recent stories
about ACORN that they played
a role in that process as well.
It is obvious that they and the
Obama campaign are fully
prepared to steal the Novem-
ber election, too.

Barack Obama may regret the
day he ventured to Toledo, OH
and met up with Joe, The Plum-
ber, Wurzelbacher.  Since
Obama was for once honest,
and slipped-up describing his
tax plan as "spread the wealth
around", the polls have been
tightening nationwide.  People
now see that all of Obama's
plans and policies may have a
negative effect on the economy.

For starters, Obama keeps on
promising to lower taxes for 95%
of Americans.  The problem is,
the lower 30% of wage earners
pay no income tax at all.  All of
their money is refunded.  Ano-
ther 10% can pretty much get
it all back now, if they file the
right forms and have legitimate
tax deductions.  So this begs
the question, what 95% is he
talking about?  What taxes is
he going to lower?  No specifics
are ever offered.  His website
has a simplistic 'tax calculator'
but no formulas or details to
back up the results.

The top 5% of income earners
pay roughly 40% of all tax
revenue the government current-
ly takes in.  In history, every
time that taxes are increased,
less revenue is collected by
the government.  Every time
that taxes are lowered, more
is collected.  Taxing people
less stimulates the economy.
People spend more, save more
and invest more.  If Obama
truly wanted to "spread the
wealth around", he should cut
tax rates across the board,
including capital gains taxes.

The other side of the coin is
Obama's proposed spending
programs.  His promises for
all of the various programs he
wants to execute has a price
tag of about $850 Billion dollars.
He claims that his spending
increases will be off-set and
not bloat the budget deficit any
further.  But his only answer
when asked how is his drum-
beat about how we won't be
spending $10 Billion dollars a
month in Iraq.

Currently, Uncle Sugar spends
about $300 Billion dollars per
month.  September and October
will balloon this number as we
have shelled out some $455
Billion dollars for the various
bail-out programs to shore up
the nation's financial system.
That does not include the big
bail out program of $700 Billion
which is expected to dole out
money at a rate of an addition-
al $50 Billion per month.

If Obama wins and has his way,
that will add another $70.8
Billion per month on an average.
Somehow, I do not see where
saving $10 Billion from the Iraq
War translates into balancing
out $70.8 Billion???  Must be
some new form of math Obama
learned at Harvard!  LOL!

The budget deficit was already
pushing the $438 Billion mark
for this year BEFORE all of the
bail-out money began flowing.
If the economy continues to
tank, and Obama's tax policy
reduces revenue, we will easily
be topping the $500 Billion
mark in 2009 and beyond.
Even before Obama gets him-
self elected, tax revenue from
both corporate and individual
sources declined in September
as the economy slowed.

The National Debt is projected
to be close to some $11.25
TRILLION dollars after all of
the bail-out money is pumped
into the economy.  According
to the Congressional Budget
Office, in 2007, our Gross
Domestic Product was about
$13.8 Trillion dollars.  Mind
you, despite the Evil George
Bush mismanaging the econo-
my, we still had 2.0% GROWTH
in 2007!!!

For 2008, the CBO forecast
was for the GDP to come in at
about $14.3 Trillion, but that
projection seems unlikely now.
If the CBO's numbers prove to
be correct, the National Debt
will be about 72% of the GDP,
up from 66% last year.  Add
in the bail outs, and we push
the number to 78% of GDP!
Four years of Obama could
easily push us to nearly the
100% mark.  Maybe more, as
MediCare, MediAid and Social
Security outlays increase.

Your "fair share" of the Debt
was a modest $26,879 in
2007.  Without the bail outs,
it will easily close in on the
$30,000 mark in 2008, and
exceed that counting the bail
outs.  If you ask me, we are
already spreading plenty of
our wealth around now as it is!
We do not need Barack Obama
to take more of our money and
spend it as he pleases.  The
Democrats are already planning
another stimulus package of
about $300 Billion dollars to
dole out more checks after the
election.  Nice how they want to
bribe us with our own money!

The third and final presiden-tial debate took place this evening at Hofstra University on Long Island, New York.
CBS anchor Bob Schieffer
moderated the festivities
which had all three gentle-men seated a table.

Once again, there was no clear winner.  Both Obama and McCain accomplished their individual objectives.  For Obama, he continued to perform smoothly and calmly to appear presidential.  For McCain, to not make any serious errors and appear engaged.

Eight topics were discussed, beginning with the economy.  Obama still is trying to pro-mote his tax plan which he says will lower taxes for 95% of Americans despite the fact that over 30% pay no income tax currently.  While McCain did not score any points on this, he did take on Obama’s desire to raise taxes on small businesses.

The real star of the evening was Joe Wurzelbacher, a plumber from Toledo, Ohio.  On Monday during a cam-paign stop, Obama talked with Joe, who questioned how Obama’s tax policies would effect his ambition to buy the company he works for.  Obama’s answer was that it was time to spread the wealth around, which Joe took to mean Obama wanted to spread HIS money around!  And he would be correct in that assessment!

McCain told Joe and the rest of America that he would not raise taxes on anyone.  He went on to mention Joe some 15 times during the debate on nearly every topic touched.  Obama only men-tioned Joe five times.  LOL!

The budget deficits was the next topic of discussion.  Obama mentioned how we are borrowing money from China to pay the Saudis for our oil.  Despite that being false, Obama seems to think that the Federal government is the one buying the oil America uses.  Maybe this is why later in the debate, McCain referred to Obama as “Senator Government”, since Obama seems to think that government does every-thing.

The truth is that the Federal government is funding the deficit by borrowing from China, Japan AND Saudi Arabia!  As well as from other nations!  The money is not going to the Saudis to buy their oil, but being spent here to fund bloated govern-ment programs!

McCain scored well as being the Hatchet Man who will cut government waste and bring spending under control.  He took Obama to task for his earmarks and pork, like a $3 million dollar projector for a planetarium in Chicago.  It seems to me that such items should be purchased with money donated by charitable individuals and groups, not forced from taxpayers.  McCain also delivered per-haps the best punch of the night by forcefully telling Obama that if he wanted to run against George Bush, he should have run for presi-dent four years ago.

The subject of the nasty campaign rhetoric was ar-gued.  Both accused each other as to who was more nastier.  McCain wanted Obama to denounce the statements of Rep. John Lewis who claimed that McCain and Palin were be-having like George Wallace and being racists.  Obama would not oblige him.  He instead badgered McCain for his negative ads, despite the fact that Obama is airing some 4 times more negative ads on TV than McCain.

Obama once again tried to explain his associations with former Weatherman terrorist, William Ayers, as well as with the scandal-ridden group, ACORN.  Again, his explanations were slim and lacked details.  McCain also took Obama to task on his going back on his promise of adhering to public financing for his campaign.

Scheiffer asked each how they felt about their vice presidential picks and if they could do the job if needed.  Obama pointed to Biden’s experience and his know-ledge of foreign policy.  McCain pointed out Biden’s errors in foreign policy, such as being against the First Gulf War and against the Surge in Iraq, as well as Biden’s nutty idea for divid-ing Iraq into three states.  McCain praised Palin for her reform work in Alaska and her background on energy issues.  Obama took a pass on attacking her.

On energy policy, McCain continued to argue for his ‘do-it-all-now’ approach to lead America to energy inde-pendence.  Obama raised his standard lines about green energy and only proposed to “look” at off-shore oil drilling as an option.  On healthcare, both again offered nothing we have not heard before.  Obama wants to mandate businesses to provide health insurance, giving them a $3,000 tax credit.  McCain wants to give individuals a $5,000 tax credit.  McCain tied their differences to the battle between government versus private choice.

The subject of abortion came up for the first time since the Saddleback Forum. Schieffer asked each if it would be a litmus test for any Supreme Court nominations?  Both say no litmus tests but were split on abortion as policy.  On education, both agreed that America’s school sys-tems were failing.  Obama wants to throw more money at it, McCain preached re-forming the system.

At the end, McCain once again tried to make the point that he is a reformer who will bring about change in government.  Obama said that we face a situation as bad as the Great Depression and that he will change the country.  Bob Scheiffer had the best closing line when he quoted his mother, “Go vote now, it’ll make you feel big and strong.”  LOL!  

Once again, I’ll have to score this one a draw.  McCain did far better on this one than the previous two debates.  He was better on substance but still lacked emotion and conviction.  Obama, ever the performer, was cool and col-lected.  His delivery was as good as it gets.  But he was still lacking in specifics and fuzzy on details.

He was also fuzzy on facts.  Such as his saying that we, America, invented the auto-mobile.  While we certainly made them better and cheap-er for a time, thanks to Ford’s moving production line, the world’s first auto-mobile was, in fact, from Germany, invented by Karl Benz in 1885.  Unless you want to give the honor to Nicolas Cugnot of France who in-vented the first steam-powered vehicle in 1796.  I am surprised that Obama, ever the worldly intellectual, would not be aware of that!  LOL!

There has been increased
scrutiny of ACORN, the
Association of Community
Organizations for Reform
Now, and the Obama cam-
paign.  Revelations of his
past ties to the group as a
trainer of get-out-the-vote
drives, as well as represent-
ing them in court on "Motor
Voter" lawsuits.  ACORN is
now facing criminal investi-
gations in four states, as well
as other investigations in 14
states for voter registration
fraud.  In addition, the group
is closely tied to the current
mortgage fiasco.

That there are close ties be-
tween Obama and ACORN
should come as no surprise.
On of ACORN's founders was
none other than Chicago's
Saul Alinsky, the father of
"community organizing".  He's
about as Socialist as they get
which is why former Weather-
man terrorist, Bill Ayers, had
Obama allocate ACORN a
great deal of the $15 Million
dollars a year the Chicago
Annenberg Challenge foun-
dation was doling out to
radicalize school children.

In addition to his other con-
nections of the past, Obama's
campaign has paid out some
$830,000 to one of ACORN's
subsidiaries to 'get-out-the-
vote' in key battleground states.
It is in such states that state
and Federal investigators are
looking into voter registration
fraud.  In Las Vegas, ACORN's
office was raided and computer
and other documents showed
the entire roster of the Dallas
Cowboys had registered there
to vote.  In Ohio, a cat was
registered!  In many places,
the same person was regist-
ered multiple times, in one
case, 72 times!  He was paid
for registering with cash and
cigarettes!

But rumors are also circulat-
ing that ACORN and the
Obama campaign may now
being looked at by Federal
prosecutor, Patrick Fitzgerald.
He has been operating in
Chicago, conducting the
investigation I have written
before about, "Operation
Boad Games".  Since 2003,
"Board Games" has netted
and convicted a number of
associates of Obama who
were part of the Illinois Com-
bine, a group of corrupt
politicians and businessmen.
Antoin 'Tony' Rezko is just
the latest fish caught by
"Board Games" and Fitzgerald.

The rumor is that large sums
of cash have been flowing into
Obama's campaign in small
donations washed through
ACORN personnel.  Obama
has received some $282
Million dollars in small contri-
butions, under $200, which do
not require the same level of
documentation as larger ones
do.  Investigators are finding
scores of donations from
sources with fictitious names.
Some are just strings of letters.

There is also money flowing in
from overseas without verifica-
tion that the donation is from
an American who is abroad.
Foreign contributions are illegal
under Federal election laws.
Who this money is from and
how it is being transferred to
the Obama campaign is the
issue.  But there are early
whiffs that are putting inves-
tigators on ACORN's scent.

The mortgage meltdown is
largely due to pressure that
ACORN and similar groups
put on the Clinton administra-
tion back in 1993.  By late
December of '93, new rules
and guidelines were given to
private banks to force them
into giving more loans to
poor and minority applicants
with little or no documenta-
tion.  An average of 20%
of these loans default, where-
as the pre-1993 average was
closer to 4%.

Such loans increased annual-
ly nearly 25% from 1994 till
2001.  ACORN not only used
it's political pressure on Wash-
ington, but would also organize
groups to invade banks and
business meetings to intimi-
date lenders.  Often, a dozen
or so would just push their
way into a board meeting of
bank executives and just
stand and stare at them with-
out saying a word.

Such tactics are classic from
Saul Alinsky.  His book,
"Rules For Radicals", is the
bible for community organizers
like Obama was before running
for elected office.  Alisnky even
dedicated his book to the first
radical, Lucifer!  This shows the
mind-set of Obama, ACORN
and others who practice such
tactics.

Obama, Ayers, ACORN,
Rezko and the Reverend
Jerimiah Wright, all share the
same common threads of mix-
ing Socialism and corruption.
They all run in the same
circles and dabble in the same
rhetoric.  All seek to get what
they can from taxpayers and
assault traditional, middle-
class values.  Despite what
they preach, they all also
seek their slice of the pie
and are just as greedy as
those they rail against.

Today may mark the beginning
of the end.  Not sure of what
yet?  The financial meltdown?
Or Capitalism?

As the Dow Jones rocked and
rolled all over the map, two
other events occured of note
worthiness. The U.S. Treasury
auctioned off some $400 Billion
dollars worth of CDS holdings
from the now-defunked Lehman
Brothers.  Credit Default Swaps
are a form of insurance policy
investors take out should the
bonds they buy default.  It
is estimated that Lehman's
CDS's covered somewhere
around $2 TRILLION dollars
worth of assets.

The CDS's sold at auction for
an average price of 8.625 cents
on a dollar!  What does this
mean?  Well, to put it bluntly,
it means that such invest-
ments may only have a street
value of less than 9%!  There
are some $60 TRILLION dollars
worth of CDS's out there in the
world's investment and hedge
fund firms!

Insurance giant, A.I.G. was one
of the major underwriters of
Lehman's CDS's.  One of the
reason the U.S. government
moved in to bail out AIG was
to prevent a collapse of this
market mechanism.  Some
$123 Billion dollars has been
issued to shore up AIG.  It
was hoped that today's auc-
tion would net more than what
it did.

The second event of the day
was Treasury Secretary Hank
Paulson announcing that the
U.S. Treasury would begin
buying positions in major
banks.  It is hoped that this
will cushion more blows in
the future and unfreeze the
credit markets.  England
began doing the same last
week with several of it's
larger banks.  Today, the
streets of London were
filled with angry protestors
who oppose the action.

Likewise, in Washington,
a large rally of free market
supporters, Americans for
Prosperity, gathered in more
peaceful, but vocal demonstra-
tions.  They are unhappy about
the recent actions of the U.S.
government to socialize banks
and other financial markets.
AFP president Tim Phillips
told the Washington Times
that they see the current
problems as the result of
government policies and not
the fault of free markets.

Meanwhile, the financial
ministers of the G7 nations
are meeting in WDC to dis-
cuss solutions to the crisis.
The entire world is now reel-
ing from the fall out of the
subprime mortgage collapse.
Iceland is on the brink of going
bankrupt!  The tiny country
had enjoyed great prosperity
for many years, issuing bonds
with attractive, high interest
rates.  England, where a large
portion of the bonds are held,
is demanding that Iceland
honor their bond commitments
and raise taxes immediately!

So, in a nutshell, events of
today could be interpeted one
of two ways.  On the one hand,
we may now have some idea
where the bottom lies in all
of this mess... at 8.625%!  If
that's the case, then hold on
to your hats, cause we've still
got a long ride down!

On the other hand, we may
now see some extraordinary
measures being taken by
world governments to get a
grip on the situation.  The
nationalization of the market-
place could just be the begin-
ning.  Deep budget cuts and
higher tax rates soon to follow.
If nations holding the notes on
America's national debt start
screaming, demanding imme-
diate compensation, things
will get very ugly, very fast!

ZZZZZZZ.  Oh, am I on now?
Is the debate over?  LOL!  Yes,
it was another less than in-
spiring performance by both
presidential candidates.  For
the most part, another re-hash-
ing of campaign stump speech-
es and talking points.

Much of the fault of this, how-
ever, falls on Tom Brokaw's
shoulders.  The format was
supposed to be a 'townhall'
setting, with the audience
asking the questions them-
selves.  However, each of the
carefully screened 80 partici-
pants had to submit their
questions in advance and be
reviewed by Brokaw.  Only he
would choose which were to
be asked and the order of the
asking.

The questions were all the
obvious ones.  Of the fifteen
posed, only the last one was
interesting.  It asked how each
would deal with something
they did not know.  Obama's
answer was a non-answer,
McCain worked in his experi-
ences, and his belief in the
goodwill of Americans.

The first three dealt with the
economy.  Surprisingly to
some in the media, McCain
actually did better on these.
He gave more specifics, though
none that we have not heard
before.  Obama continued to
pin everything on the eight
years of the Bush Administra-
tion.  McCain blamed every-
body except himself.

On healthcare, Obama scored
more points.  On entitlements,
McCain faired better, again
playing the experience card
and his past record of biparti-
san cooperation.  He also was
more generous on energy poli-
cies, again advocating a 'do-it-
all' approach towards energy
independence.

McCain was able to land some
low-impact hits on Obama on
tax policies, but came up short
on truly selling his plans.  He
did point out that if Obama did
implement his policy, it would
effect half of the small busines-
ses in America, which employs
60% of the workforce.

The subject of foreign affairs
was touched on towards the
end.  McCain again took his
opponent to task on Obama's
past statements and lack of
experience.  But McCain did
not deliver any knock-out
punches.  In the end, Obama
still looks reasonably presi-
dential.  

I will give this event as a
McCain win by default, pri-
marily because he was
much more animated due
to the format.  He was more
personable and lively.  For
Obama, he succeeded in
not making any gaffs.  The
lack of spontaneity of the
questions allowed him to
deliver his usual canned an-
wers.

Mechanically, Brokaw did
have to reign in Obama on
two occasions when he
wanted to make a counter
argument to something that
McCain said.  The second
time, McCain jumped in as
well, making Obama appear
nebbish.

But, once again, as with the
first debate, nothing new was
truly learned.  I would find it
difficult to see how tonight
would change anyone's mind.
Or even sway one who is still
on the fence undecided.  And
that is bad for McCain!  Being
behind in the polls, he needs
to spark a concern or inspira-
tion that might turn things
back in his favor.

Likewise, the danger that
Obama faces is his strategy
of just trying to run down the
clock.  The last two weeks of
bad economic news has bene-
fitted him greatly. But, as elec-
tion looms only 27 full days
away, has he done enough to
'close the deal'?  There is still
a sizeable portion of the folks
out there who are undecided.
Will they play it safe and go
with the comfortable old shoe?
Or will they take a chance
and try Brand X?

Dear Senator McCain,

Do you REALLY want to be
the next President of the
United States of America?
This is your last chance.
You will not get another op-
portunity.

Then please tell me, Sir,
why you took the day off?
Why are you in Arizona
with only 30 days to go?
Why have you pulled out of
Michigan?  Do you not want
my vote?  We have suffered
long and hard at the hands
of the worst governor in our
state's history!  A Democrat
no less!  If ever there was a
state that needed a friend in
Washington, it is us.

Why, good Sir, are you so
adamant about not raising
your opponent's associations?
His long, twenty-year history
with a vile, anti-Semite who
preaches hate?  With a man
who bombed our nations
institutions and spilled honest
mens' blood?  Or with a group
of corrupt politicians and busi-
nessmen who looted the hard-
earned money of everyday
Americans?

This is not a time to retreat.
This is not a time to rest.
This is a moment in which
our nation is challenged.
I have two suggestions for
you, Senator McCain.

First, FIGHT!  Light the fire
in your heart and soul! This
is no time to be nice to the
enemy.  If you truly believe
what you said during the first
debate, that Senator Obama
is naive, inexperienced and
dangerous, then how can you
now stand there and allow
him to be victorious?  Let
slip the dogs of war and
CRY HAVOC!!!

Secondly, REFORM!!!  That
should be your sword, and
mighty it is!  You have the
track record as a reformer.
Many of us may not agree
with your past causes, but
we all recognize that you, and
ONLY YOU, have the talent
to reform our government.

Our system is damaged, we
all see that now more than
ever.  People do not want
CHANGE, they long for
REFORM!  They want our
government fixed.  Restore
it's honesty and purpose.
Rebuild trust in our leaders.
Unburden our brows of the
daily despair in headlines.

You have done well in your
choosing a running mate who
is ready to fight and knows
how to reform.  Now, good Sir,
you must lead the charge!
Please, tell us plainly that
you are the one who can
reform our system.  And tell
us often!  Every minute of
each remaining day.  Every
state, every city, every town.
Let the word ring out loudly
and continuously!

REFORM! REFORM! REFORM!

Thursday night's debate be-
tween Governor Sarah Palin
and Senator Joseph Biden
was a set-piece battle.  Each
accomplished their missions.

Palin was her feisty self once
again.  She even checked the
host, PBS's Gwen Ifil, a couple
of times, answering what she
wanted to answer.  While she
clearly has a lot to learn, Palin
acquitted herself well, stressing
her reform and energy experi-
ence, as well as her middle-
class life-style.  

'Fighting' Joe Biden also did
very well, showing his famous
passion and avoiding any gaffs.
He turned his sword towards
Bush, Cheney and McCain
and did not confront Palin at
all, except to defend his own
and Obama's positions on the
issues.

This debate is much harder to
score than the first presidential
debate of last Friday.  Both did
what they needed to do.  Since
neither made any mistakes,
we'll rule this one a draw.  But
strategically, Palin probably
fared better.

After weeks of bad press and
being misrepresented by two
TV interviews, many people in
the GOP were beginning to
have their doubts about Palin.
The Hockey-Mom-Sarah of
the Republican convention got
lost along the way,

Palin herself commented on
how she enjoyed speaking
directly to the American people
instead of through a media fil-
ter.  Indeed, both the Gibson
and Couric interviews were
some two hours long each,
but only edited segments were
aired on television.  You have
to wonder what was left on the
cutting room floors!

How this will help the McCain
campaign remains to be seen.
The economic crisis has hit
his campaign hard, giving the
Obama campaign momentum
with the clock winding down.
News that McCain is pulling
his resources out of Michigan
today was not a good sign.

However, after an initial bump
in favor of Obama following the
McCain missteps of last week,
the race is once again settling
back towards an even match.
While Obama still holds a 4 to
6 point lead in the national
polls, the internal data still
shows weakness in how the
public views his leadership
skills.  The Boston Herald,
which usually endorses the
Democratic candidate, came
out Wednesday and is backing
John McCain.

Tuesday will be the next debate
of the principles.  The formats
for the last two debates will
favor McCain's style.  So if
tonight's performance by Palin
has stopped the bleeding, it
could set the stage for another
swing back in McCain's favor.