The Politicians are Goofy

Once upon a time, not so long ago I must have fallen through some type of looking glass, or into a parallel universe, or something. I mean really, this is no longer an America I recognize. The politicians are going full speed ahead, darn the wishes of the people (well, politicians are still pretty much the same but, dang)! This week our Senators in Washington passed the Financial Reform Act (H.R.4173) that is to make sure “we the taxpayers” will never have to bail out those too big to fail ever again. The NAACP this week put out a resolution demanding that we “repudiate the racist elements and activities within [our] tea party”. And of course the U.S. Government filed suit against the State of Arizona on July 6th that actually has nothing to do with “Racism” but whether States have the right to do the job the Fed’s are suppose to or even assist with the Federal Government’s laws. I am beginning to think our Government is Disneyland, everything is Mickey Moused and all the Politicians are Goofy (sorry Disneyland [Disneyland is not responsible for any content of this news letter])!

O.k., so how many of you know why the Federal Reserve was created? What about the Federal Deposit Insurance Corporation (F.D.I.C.)? How about the Securities and Exchange Commission (S.E.C)? Well quickly, The Federal Reserve was created in 1913 due in response to several severe financial panics to include the 1907 “Banker’s Panic”. The F.D.I.C. came about from the “Glass-Steagall act” of 1933 which was enacted as a response to “the Great Depression” and a year later the S.E.C. was created also in response to “The Great Depression”. Now, what do these all have in common? They are all Government bureaucracies that were made to prevent financial disasters from ever occurring in America. Hmmm, so why did we have another financial disaster? There were many reasons and there is some debate as to what the major cause was however, the housing portion is tied greatly to the Fair Housing Act fist introduced by Jimmy Carter, and reinvigorated by Bill Clinton. This act forced banking institutions to give home loans to people who could not really afford the loans to begin with. There were penalties if banks did not comply with the act and eventually Fannie Mae and Freddie Mac (Government Sponsored Entities [GSE’s]) bought up most of these loans that went bad which caused a major financial KABLOOOIE! Now, what is interesting about our new “Financial Reform Act” (H.R.4173) is not only all the non-financial B.S. (pork), but the fact that the people who wrote the darn thing Chris Dodd and Barney Frank are both highly involved in scandals as well as Fannie and Freddie, not to mention we are repeating history that didn’t help us anyhow. Someone once said “Crazy is doing something over and over again expecting a different result”, well there you go. I have put the bill on our website ( www.ThePeopleofLiberty.com ) but it is the original 1616 page bill not the 2000+ page monster it became, if I find the final version I will re-post it on the site.

The NAACP, playing off the left-wing slander machine, requested that we (Tea Partiers) condemn and repudiate the racist and bigoted elements within our movement and to stop with our racist activities. I Whole-Heartedly agree! Mike, What the Heck?!?!? No really, if I knew of any racist or bigoted activities I would condemn and repudiate them in an instant however, I have not had to do this at all at any event or even in casual conversation with fellow Tea Partiers. What this resolution from the NAACP shows me is that these people are ignorant of who we are and what we stand for, or perhaps they are part of the smear merchants on the left, you decide. I for one am thankful to Dr. Martin Luther King for teaching that we should be judged by the content of our character, not the color of our skin, I only wish that the characters on the left knew their darn History (reference to July 3rd newsletter).

Remember when Arizona passed their immigration law, all the talk of how “Racist” it was and how Obama stated that people would “Go out for an ice cream and be asked for their papers”? Well, turns out that the law suit filed by A.G. Eric Holder has nothing to do with racism but with whether or not a State can do what the Federal Government is suppose to or even assist them in the performance of their duties. In the past the Federal Government has withdrawn funds from States that did not assist or enforce Federal Laws now they want to sue the States for doing what past administrations required? Holy Guacamole, if the Federal Government can’t keep you safe, you better not do it yourself or else. There is a copy of the Arizona Law and I am also putting a copy of the suit filed on our website: www.ThePeopleofLiberty.com .

I know immigration is becoming the hot button issue du jour here and I know a few of you are on one side and many on another. I grew up in the San Diego area and I know the problems on both sides. Trust me, if I was a father in Tijuana and saw how great America was just across the border I would want to be here too, many people from all over the world have had the same feelings. Our country was built on immigrants who came through Ellis Island and other points of entry. They learned our language, fought in our wars on our side against their homelands in some cases. All of them wanted to be free and have a chance to make it on their own. Today there are many still wanting to be free and make it on their own but there are also those who want an easy life with free medical, free welfare, and remain citizens of their home countries. The illegal population in San Diego has nearly bankrupted of healthcare system. It seemed like every election we had a bond measure for a hospital that would have to close its doors if we didn’t pass it (don’t tell me the poor didn’t get treated). Our schools had to slow down their teaching in order to let those who didn’t know our language to get up to speed. Then there are those who are criminals who think they can get away with things here because, well, they can. I know, I know Mexico is a bad place to live and I know I wouldn’t want to live there either but, if your country is that bad and you still want to be a citizen of it, FIX IT!!! Hey, if you don’t like what your country is doing, fix it, that’s a good idea, we should try that some time.

I have a job for all of you. “Oh no, here he goes again”. It’s not that hard folks, I want all of you to be sure that everybody you know is registered to vote well before the election, make sure they are educated on the issues, and be sure they vote. The only way we are going to change things is to get new blood in those Congressional chairs. Until Next time, keep educating yourselves and be vigilant, the attacks are just going to get worse the closer election day comes.

Mike
(Once again, the Disney Corporation had nothing to do with the content of this newsletter)