Government Records $229 billion deficit for a month

Elections matter folks, this is why. Greece, here we come!

The U.S. government just notched its highest ever monthly deficit, with the red rink running to an estimated $229 billion in February.

The Congressional Budget Office, in a preliminary analysis, reported that the February 2012 deficit broke last year’s monthly record of $223 billion.

The office attributed the shortfall in part to a decline in revenue — mainly because of a $25 billion increase in income tax refunds thanks to disbursement timing issues.

According to the CBO, processing delays pushed refund payments that would have been distributed in January off into February. And the additional day in February this year allowed for extra refunds to be distributed during the month that otherwise would have been paid out in March.

The CBO projected that for the first five months of the fiscal year, the federal government is running a $578 billion deficit.

The projected deficit this year is once again projected to top $1 trillion

via Government Records Highest-ever Monthly Deficit | Fox News.

The only thing I can truly say about this one is this; elections matter. This is what happens when you put progressives and moderate Republicans in Government, they spend on your dime and you get stuck with the tab and most usually, you do not get a thing for it in return. This is why we have to get people elected to political office, in City, State and Federal levels; who at the very least, have the American people’s interests in mind and not their own political fortunes in mind. Because when the political veterans are running the show; both Republican and Democratic Parties; this is what you get —- Debt.

China cannot buy our debt forever, or eventually they will own this Country. Not to mention, China is not exactly a free Country. All China would have to do, is tell the United States that they will not be buy anymore of our debt and we, as a Nation, would be history. We, as Conservatives have no one to blame, but ourselves for this fine mess. The Republican Party elected a moderate Republican by the name of Richard Nixon, who wanted so badly to make a name for himself and that idiot liberal Republican just had to go to China and normalize relations with those Communist bastards. Which is pretty darned ironic, considering what the Communists in China did to John Birch. This is one Conservative who felt Watergate was nothing more than sweet justice. (…and No, I am NOT being snarky!)

This why we the American people, the silent majority; need to vote differently this coming November. Our Nation’s future might just depend on it.

Greece gets bailed out.

This is what happens, when you spend money that you really do not have; also too, this is why progressivism is an abysmal failure.

ATHENS – Greece announced Friday that 85.8 percent of its private-sector creditors had agreed to swap their bonds for new ones at a huge loss.

Greece’s Ministry of Finance announced the result on its website Friday after bondholders had to lodge their acceptance of the deal by a Thursday evening deadline.

The wide participation of the offer indicates that Greece will go ahead with the restructuring that hopefully marks a seminal moment in Europe’s long-frustrated efforts to rescue its most financially vulnerable nation, The Wall Street Journal reported. It is the largest-ever sovereign-debt default and the first for a Western European country in half a century.

The restructuring now set to be executed will see Greece chop 53.5 percent from the face value of around 200 billion euros ($265 billion) in bonds held by private creditors.

via Greek Debt Restructuring Deal To Go Ahead, Government Announces | Fox News.

Because sooner or later; someone ends up; as the old saying goes, “Taking a Bath.” Looks like investors are taking a big one. All so this idiotic nation here can bail itself out and get another nice helping of our money. These idiots should have learned long ago that you cannot continue to run a Country like this; but as they say, you cannot teach an old liberal dog new tricks.

But then again, we are dealing with liberals.

Kudos to Matt K. Lewis

For publishing this piece here on what caused the recession, which was caused by other factors than the “flash crash of 2008.”

Quoting Matt:

1. The FED kept interest rates too low for too long – This isn’t rocket science. Keeping interest rates artificially low led predictably to excessive credit and speculative asset bubbles — such as occurred in the housing market (this problem has not been fixed).

2. The expanded mandate of Fannie and Freddie – The housing collapse can very likely be traced back the Clinton administration’s pressuring of Fannie and Freddie to encourage more home buying. The Community Reinvestment Act, for example — in which banks were encouraged to people who normally would not be worthy of obtaining home loans — was especially pernicious. The CRA, of course, had been around for a long time prior to Clinton, but as Howard Husock noted in 2000, the Clinton Administration, “turned the Community Reinvestment Act, a once-obscure and lightly enforced banking regulation law, into one of the most powerful mandates shaping American cities.”

(Note: Anyone interested in learning more about Fannie and Freddie should read “Reckless Endangerment,” by Pulitzer Prize-winning business reporter and New York Times columnist Gretchen Morgenson, and housing finance expert Joshua Rosner.)

3. Mark-to-market accounting – This accounting device requires financial institutions to adjust their balance sheets and capital accounts whenever the value of an asset they own increases or decreases. The trouble with this is that it requires banks to show paper losses for assets they may have no plans to sell (in fact, the bank may be planning to wait for the price to increase prior to selling it). FDR suspended mark to market accounting in 1938, but unfortunately, the George W. Bush administration brought it back in 2007. As Steve Forbes wrote in 2009: “Of the more than $700 billion that financial institutions have written off, almost all of it has been book write-downs, not actual cash losses.” (The requirement has since been loosened.)

4. Repeal of the uptick rule – Also enacted by FDR, this says investors can’t short a stock unless it goes up in price. According to Investopedia: ”The uptick rule prevents short sellers from adding to the downward momentum when the price of an asset is already experiencing sharp declines.” In 2007, the SEC got rid of the rule, resulting in investors betting against the market, manipulating the market, and depressing stock prices. (Note: Like everything else on the list, some people dispute the notion that the uptick rule would have helped. Others argue that short sellers get a bum rap. For example, the last infamous CEO to complain about short sellers was Dick Fuld of Lehman Brothers. The company went bankrupt and short selling had nothing to do with the rapid decline of price.)

5. Repeal of Glass-Steagall – Enacted by FDR after the Great Depression, a main provision of Glass-Steagall was separating investment banking from commercial banking. But in 1999, the Gramm–Leach–Bliley Act (passed by a majority of Republicans and signed by Bill Clinton) repealed that provision. The problem, of course, is that this encouraged banks to be speculative — to take risks, knowing all along that the FDIC would insure their loss. (The notion that repealing Glass-Steagall contributed to the recession is disputed by some economists. Some would even argue that it helped. For example, when Bear Stearns and Merrill Lynch got into serious trouble, they were promptly acquired by J.P. Morgan and Bank of America. These rescues were possible only because banks could own full-service broker-dealers.)

So there you have it: Five things which (I, at least believe) contributed to the crisis.

Only thing I will add to this is that the CRA DID cause the housing bubble, because of what they added, which was the sub-prime clause that was added to that act. This caused a considerable amount of credit to given to those whom without said act, would never have been able to get said credit. This is called, “taking money from the people who have it and giving it to those who have not” or simply put; class warfare.

Furthermore, I am glad to see that Mr. Lewis does point out that Bush’s White House did have some input into the crash and recession. So many times, I get so frustrated with people on the right; who look at everything through a partisan lens and try to blame Obama or the Democrats only for the mess. Truth is, the Republicans screwed up royally too, with the things listed above and with their addiction to spending, which did not help either.

What burns my rather large behind is that both Republicans and Democrats both; instead of usually fixing the problem, they sit around and blame one other for the damned problem, which fixes absolutely nothing. This is why I despise partisan politics so much. Maybe if Republicans and Democrats had tried to work together more, we might could have staved off the recession. Nevertheless, that did not happen, because both sides knew that they could create a cottage industry out of blaming the other side.

….and that my friend is the much sad state of politics in this Country.

Americans are not too happy with Hope and Change

Should I be shocked?

It’s February, nine months before a presidential election, and only 22 percent of Americans say they are satisfied with the way things are going. Voters haven’t been this unhappy with the country since George H.W. Bush’s presidency, when only 21 percent of Americans reported being happy with the country’s direction. And before that, the lowest approval rating was 19 percent during Jimmy Carter’s first term.

What do the two presidencies have in common? Neither of them won re-election. And, if the trends holds true, Obama looks to be in an equally precarious situation.

via Americans’ Satisfaction Almost as Low as It Was Under Carter – Washington Whispers (usnews.com).

No, I am not; why with the shoving of Obamacare down the throat of Americans and all the failures of this Administration — none of it should really be a real surprise. Of course, if Americans had listened to bloggers like myself; we would not be in this sort of a position. But we are, because Americans allowed a man to seduce them with flowery speeches and possibly because of the novelty of electing a black President. Which was, truly, affirmative action at its worst.

May this be a lesson to America for pursuing such ignorance.

Other awesome Bloggers weighing in: The Heritage Foundation, Don Surber, The PJ Tatler, Questions and Observations, Scared Monkeys, americanthinker.com, Weasel Zippers and HotAirPundit (Via Memeorandum)

Former Ron Paul Ally confronts Paul on double dipping on expenses

Proving my ever-growing suspicions on this guy:

In March 2005, David James called Rep. Ron Paul’s (R-Texas) Congressional office for some documentation.

James’s nonprofit group, the Liberty Committee, had paid for one of Paul’s flights, and James needed a receipt or boarding pass to document the expense. He’d been pushing Paul for the paperwork and now, on the phone, he was “putting his foot down.”

“So I called the office manager,” James recalled. “They knew me, like, as well as they knew Ron. And I said, ‘Liberty Committee is paying for this expense. I need to get the boarding pass or the ticket or something.’”

The office manager said Paul’s Congressional office no longer had documentation for that flight; Paul had sent it in to the House Finance Office for reimbursement. But Liberty Committee had already sent a check to American Express to cover the charge on Paul’s credit card.

“I don’t care what flights the Liberty Committee pays for,” James said, “because Ron never took enough in expenses to come anywhere near his value to us. And this was piddly. But it’s just what it was.”

James first thought it was accidental and faxed a letter to Paul’s office, requesting that its money be returned for the flight. Paul did repay the $403.70, but the episode strained their relationship and led to a falling out a year later.

In a subsequent conversation, James raised the issue, and Paul “was very curt, and he simply said, ‘Yep, well, happens all the time,’” James, 64, told Roll Call.

via Associate Confronted Rep. Ron Paul About Flights : Roll Call News.

Ed Morrissey also writes about this, and thinks that Ron Paul should come clean or face a house ethics committee hearing. I wholeheartedly agree. If you are going to pawn yourself off as the most honest person on capital hill; you should try actually being the most honest person on capital hill. I have written on my previous blog about this man’s claims to be the most honest politician, and for a short time, I actually believed that, but as time wore on, I began to read about the stuff that Mr. Paul does and does not want his own followers really knowing about it. But, I, as well as other bloggers have documented his antics for a while now.

While Mr. Paul might have some very good ideas on capitalism, free trade and our monetary system; his utter hypocrisy when it comes to issues like this and his utter idiotic ideas on foreign policy handicap him. Not only this, but his past writings that did have his name on them, and his associations with Jew haters, racists and other such sort of nonsense make him someone, despite what I said recently, which was honestly in jest; that I could never, in good conscience vote for in a million years. All one would need to do is look through the archives of my previous blog to see all the stuff that I have written about the man over the past 6 years.

Again, while I can appreciate his opposition to Wilsonian foreign policy; something that I have spoken out against myself here, and I can and do agree with very much, as much as I agree with his idea of free trade, free markets and the gold standard. I cannot side with this man because of the rest of his problems. As I have said on this blog and my previous blog many, many times; Ron Paul is NOT, nor has he EVER been the Messianic figure that many of his well-intentioned followers assumed him to be. This proves that and if the Ron Paul crowd had any sort of common sense at all; they would back away from Ron Paul and support someone who could actually fix this Nation’s problems.

However, if I know the Ron Paul crowd like I do; they will simply dismiss this true story, as some sort of Jewish conspiracy by the Illuminati and the Bilderberg boys to keep him from winning the White House, which is pretty much par for their course. I could tell you stories of how when I, on my previous blog, would write something even remotely critical of Ron Paul; my inbox would overflow with Ron Paul supporters calling me everything from a Neo-Con (which is Jew in Ron Paul speak) to a Bush-lover. Once, though, one of them went over the line and sent a death threat via e-mail. I did report that to the FBI in Detroit. This is why I try to avoid writing about the man. Because his most devout followers are absolutely insane.

Trust me, when I tell you this; the left’s crazies, have nothing on Ron Paul’s crazies. 😯

More of that “Religion of Peace” at work.

Via Israel Today:

A mob of some 50 Palestinian Muslims stoned a group of Christian tourists atop Jerusalem’s Temple Mount on Sunday morning. Three of the Israeli police officers who acted to protect the Christian group were wounded by the stone-throwers.

Police arrested 11 Palestinians, several of them minors, for their role in the attack.

The attack is believed to have been instigated by the former Muslim mufti of Jerusalem, Ekrama Sabri, who told Palestinian media over the weekend that Jewish groups were planning to break into the mosques that occupy the holy compound and desecrate them.

Sabri urged all local Muslims to protect the mosques from “the Israeli conspiracy against the city and its holy places.”

Muslim religious figures regularly claim that Israel is plotting to destroy the Dome of the Rock and the Al Aqsa Mosque to pave the way for the rebuilding of the Jewish Temple, which the Muslims now insist never previously existed.

Because of the constant threat of Muslim violence, and despite the fact that the Temple Mount is the most holy place on earth to Jews and many Christians, the Israeli police comply with Muslim demands for harsh restrictions on non-Muslim visitors to the site. For instance, Jews and Christians are forbidden to carry Bibles atop the Temple Mount or to utter even silent prayers within its walls. Jews and Christians are regularly detained for violating these conditions.

In other violence, Palestinian terrorists operating out of the Gaza Strip fired a Grad-type missile at the southern Israel city of Beersheva on Saturday. The projectile landed in an open area just outside Beersheva and did not cause any injuries or damage. Two more short-range rockets hit nearby Israeli towns.

Palestinian forces fired at least two rockets at southern Israel – one at the coastal city of Ashkelon – on Friday, again causing no injuries or damage.

But-but-but-but they’re just peaceful Muslims! 🙄

The same damned peaceful Muslims who did this:

and this:

These are the men who did the above, and Shanksville, Pa:

We should never forget what these men did, we should never forget thier race, their religion and why they did it to us, ever!

They were acting under the command of this man:

The liberals in this Country want to flush this event down the memory hole. They would rather blame Bush and Cheney for the attacks; and not the incompetence of Bill Clinton, which was the real cause of 9/11. Like his incompetence in rigging the housing market to fail, like it did. This is why I no longer vote Democratic Party; because those bastards are the reason why we are living in the police state hole that we live in now.

Some people cannot see that; and that’s their own darned fault. I’m no fool and I see things for what they really are. Terrorism is a threat and these same people CLAIM to want a two-state solution! Which is a lie of the devil, they want to see Israel pushed into the sea and the Jewish race exterminated from the earth, kind of like Hitler.

Remember this come November and vote accordingly.

Ben Bernanke needs to lose his job

This here is why:

(Reuters) – Federal Reserve Chairman Ben Bernanke on Friday issued a call to action to restore housing markets, saying depressed house prices and sales are a serious drag on the economic recovery.

“The state of housing has been an impediment to a faster recovery,” he said in remarks prepared for delivery to a home builders’ conference in Orlando.

“Because the troubled housing market continues to depress construction activity and employment, we need to continue to develop and implement policies that will help the housing sector get back on its feet,” Bernanke added.

via Bernanke urges action to heal housing markets | Reuters.

As I have written time and time again; “action” by Democrats is what put America into the shape that it is now. if anything, we need to the Government to get their darned slimy paws off of the private housing market and let it correct itself. Sure, pain will be felt; that happens in capitalistic society — deal with it.

This is what happens when you elect socialists into power, remember this come November.

My thoughts on the mortgage settlement

You can read about this here, here, here and here.

First of all, let me say this; this issue here, above all of the others, is why I packed it in with the Democratic Party. On top of all of the class warfare, class resentment, racial resentment and everything else; was the realization that I made, that the Democratic Party, starting in 1973 and again in 1993 literally rigged the system to fail. This was by loosing credit restrictions to allow people, who had no business even getting loans, to get credit so easily.

Then once the system failed, the Government, started by George W. Bush in 2008 with tarp loans and the bailing out banks that were “Too big to fail.” Not to mention the fact that the Republicans ripped out regulations that made the whole thing like one million percent worse and when the Republican Congress received a warning that the whole thing was going to collapse, what did they do? They held a hearing and the CEO of Freddy and Fannie played the RACE CARD, they retreated! 😡 I won’t even get into the stupidity of the Federal Reserve, which really made some seriously idiotic mistakes.

Then instead of Obama being smart and saying, “We’re not picking favorites, we are going to allow the market to correct itself.” Instead, he continued the bailouts and even spent more on top of that. Not the mention his attempt to destroy our private healthcare system.

Anyhow, this settlement is not perfect; in fact, it stinks and someone has given a bullet-point list as to why.

This is via Naked Capitalism:

Here are the top twelve reasons why this deal stinks:

1. We’ve now set a price for forgeries and fabricating documents. It’s $2000 per loan. This is a rounding error compared to the chain of title problem these systematic practices were designed to circumvent. The cost is also trivial in comparison to the average loan, which is roughly $180k, so the settlement represents about 1% of loan balances. It is less than the price of the title insurance that banks failed to get when they transferred the loans to the trust. It is a fraction of the cost of the legal expenses when foreclosures are challenged. It’s a great deal for the banks because no one is at any of the servicers going to jail for forgery and the banks have set the upper bound of the cost of riding roughshod over 300 years of real estate law.

2. That $26 billion is actually $5 billion of bank money and the rest is your money. The mortgage principal writedowns are guaranteed to come almost entirely from securitized loans, which means from investors, which in turn means taxpayers via Fannie and Freddie, pension funds, insurers, and 401 (k)s. Refis of performing loans also reduce income to those very same investors.

3. That $5 billion divided among the big banks wouldn’t even represent a significant quarterly hit. Freddie and Fannie putbacks to the major banks have been running at that level each quarter.

4. That $20 billion actually makes bank second liens sounder, so this deal is a stealth bailout that strengthens bank balance sheets at the expense of the broader public.

5. The enforcement is a joke. The first layer of supervision is the banks reporting on themselves. The framework is similar to that of the OCC consent decrees implemented last year, which Adam Levitin and yours truly, among others, decried as regulatory theater.

6. The past history of servicer consent decrees shows the servicers all fail to comply. Why? Servicer records and systems are terrible in the best of times, and their systems and fee structures aren’t set up to handle much in the way of delinquencies. As Tom Adams has pointed out in earlier posts, servicer behavior is predictable when their portfolios are hit with a high level of delinquencies and defaults: they cheat in all sorts of ways to reduce their losses.

7. The cave-in Nevada and Arizona on the Countrywide settlement suit is a special gift for Bank of America, who is by far the worst offender in the chain of title disaster (since, according to sworn testimony of its own employee in Kemp v. Countrywide, Countrywide failed to comply with trust delivery requirements). This move proves that failing to comply with a consent degree has no consequences but will merely be rolled into a new consent degree which will also fail to be enforced. These cases also alleged HAMP violations as consumer fraud violations and could have gotten costly and emboldened other states to file similar suits not just against Countrywide but other servicers, so it was useful to the other banks as well.

8. If the new Federal task force were intended to be serious, this deal would have not have been settled. You never settle before investigating. It’s a bad idea to settle obvious, widespread wrongdoing on the cheap. You use the stuff that is easy to prove to gather information and secure cooperation on the stuff that is harder to prove. In Missouri and Nevada, the robosigning investigation led to criminal charges against agents of the servicers. But even though these companies were acting at the express direction and approval of the services, no individuals or entities higher up the food chain will face any sort of meaningful charges.

9. There is plenty of evidence of widespread abuses that appear not to be on the attorney generals’ or media’s radar, such as servicer driven foreclosures and looting of investors’ funds via impermissible and inflated charges. While no serious probe was undertaken, even the limited or peripheral investigations show massive failures (60% of documents had errors in AGs/Fed’s pathetically small sample). Similarly, the US Trustee’s office found widespread evidence of significant servicer errors in bankruptcy-related filings, such as inflated and bogus fees, and even substantial, completely made up charges. Yet the services and banks will suffer no real consequences for these abuses.

10. A deal on robosiginging serves to cover up the much deeper chain of title problem. And don’t get too excited about the New York, Massachusetts, and Delaware MERS suits. They put pressure on banks to clean up this monstrous mess only if the AGs go through to trial and get tough penalties. The banks will want to settle their way out of that too. And even if these cases do go to trial and produce significant victories for the AGs, they still do not address the problem of failures to transfer notes correctly.

11. Don’t bet on a deus ex machina in terms of the new Federal foreclosure task force to improve this picture much. If you think Schneiderman, as a co-chairman who already has a full time day job in New York, is going to outfox a bunch of DC insiders who are part of the problem, I have a bridge I’d like to sell to you.

12. We’ll now have to listen to banks and their sycophant defenders declaring victory despite being wrong on the law and the facts. They will proceed to marginalize and write off criticisms of the servicing practices that hurt homeowners and investors and are devastating communities. But the problems will fester and the housing market will continue to suffer. Investors in mortgage-backed securities, who know that services have been screwing them for years, will be hung out to dry and will likely never return to a private MBS market, since the problems won’t ever be fixed. This settlement has not only revealed the residential mortgage market to be too big to fail, but puts it on long term, perhaps permanent, government life support.

As we’ve said before, this settlement is yet another raw demonstration of who wields power in America, and it isn’t you and me. It’s bad enough to see these negotiations come to their predictable, sorry outcome. It adds insult to injury to see some try to depict it as a win for long suffering, still abused homeowners.

I have zero to add to this. The only thing I will ask is, who’s paying for all of this? Answer: You and Me — in Taxes. 😡

This is why we need a new political Party to get in there and fix this asinine morass.

Others: (All Liberals BTW…) American Prospect, Washington Post, US Politics, FT Alphaville, ourfuture.org/blogs_chrono/*, Wall Street Journal, Time, The Huffington Post, Swampland, ThinkProgress, Prairie Weather, Firedoglake, Business Insider, Financial Times and Discourse.net, ThinkProgress, The Huffington Post, Washington Monthly, Washington Post, Firedoglake, Rolling Stone, The Big Picture, Business Insider, Hit & Run, The Democratic Daily, Zandar Versus The Stupid, Feministing, ourfuture.org/blogs_chrono/*, No More Mister Nice Blog, Blog of New Orleans, Gambit, emptywheel, The Political Carnival, DealBook, The Page, Booman Tribune and Wall Street Journal, ProPublica, FORECLOSURE FRAUD, Business Insider and Calculated Risk, Washington Post, Daily Kos and Firedoglake, The Atlantic Online

Why do Republicans do stupid stuff like this?

…and to think, I supported this guy’s election:

Video:

Ohio Gov. John Kasich (R) does not generally script his speeches, preferring to form his remarks off-the-cuff based on notes. In the case of his State of the State address on Tuesday, that approach appears to have come back to bite the first-term chief executive, as he issued a rambling 100-minute speech that featured a series of bizarre — and potentially offensive — statements and actions.

During the address, Kasich imitated a Parkinson’s patient, cried, insulted the people of California, praised his “hot wife,” gave 14 shout-outs to the same person and played an awards show host while tearfully channeling a famously emotional fellow Ohio Republican, House Speaker John Boehner.

Roughly 70 minutes into the speech, Kasich discussed medical research and its impact on the Buckeye State’s economy. He was highlighting a deep brain massage program at Ohio State University to cure Parkinson’s when he started simulating the shaking actions that mark the disease as a means of highlighting what he and his cabinet saw when they visited the facility.

via John Kasich Parkinson’s Imitation Marks Ad Hoc Speech That Veered Off The Rails.

I know he was explaining what he saw, but still; did he have to do it like that?!

Oh, he wasn’t done there:

Kasich framed the speech as a pep talk for Ohioans, but in order to promote his record on job creation, he took swipes at residents of other states.

“A year ago, Ohio ranked 48th in job creation,” he said. “We trailed only Michigan and California in lost jobs — Michigan, the home of the auto industry that was devastated and California, of course, filled by a bunch of wackadoodles.”

In a break from tradition, the governor moved the speech’s location from the Capitol in Columbus to a school auditorium in the rural town of Steubenville, near the Pennsylvania border. He used the rural location to highlight new investment in hydraulic fracturing, or fracking, in the state, which will occur primarily in the areas closer to Pennsylvania and West Virginia. Frank Semple of MarkWest will be investing $500 million in starting new fracking businesses in the state, he announced.

The governor also championed the state’s coal industry.

“We’re the Saudi Arabia of coal. Clean it and burn it,” he said. “Clean it, Gordon, and burn it. Clean it, Battelle, and burn it. Use it.”

At one point, Kasich saluted his wife, Karen, describing her as his “hot wife.”

“And I also want to give a nice comment about my wife, Karen Kasich,” he said. “Sweetie, stand, take a little wave, would you, okay? I remember that cartoon that said, ‘Kasich will still not reveal how he snagged that hot wife.'”

Good luck in the reelection Governor. I mean, I hate to sound like I am whining; but this is the reason that the majority of Americans, who watch the liberal media, think that Republicans are just plain crazy. The sad part, the Republican party really does stand for some great things. Meaning those who actually stand by those things — unlike these two idiots; but yet, the Republican Party has idiots acting like this. It is truly a shame.

I guess what I trying to say here is this; I stopped voting for the Democratic Party back in 2008, because that party was on the crazy bus — headed for the cliff at one hundred miles an hour. (Figuratively, of course.) Now, it seems to me, that the Republican Party is loading up the same kind of a bus and is about to do the same thing. Which is why I am voting libertarian in 2012, because if the crazy, big government conservative wing of the Republican Party takes power again, which it will, if Mitt Romney gets the nomination; I really do not want to be responsible for it.

Video: Open Message to Michelle Malkin and Karl Rove

First of all, before you watch my video; Go read this article here, it will open in a new window — then come back here.

After reading that article, I went to twitter and really spoke my mind:

I am the type of person, if I make a mistake; I will admit it. I am also the type of person, that when I feel that I am right, I will back it up. So, I made this video:

I will simply end this blog posting with this; as I said in the video. To Michelle Malkin and Karl Rove; clean up the crap in your own party, before you unleash on my home town. The Republican Party is just as evil, just as screwed up and just hypocritical about many things, including foreign policy. I agree on Terrorism, it is a problem. But the Republican Party’s nominee for 2000 and 2004, who won those elections handled 9/11 in a wrong-headed way. Because of this, we are now having the problems in the middle east that we are having now. Maybe you should work to fix the problems with your party’s foreign policy and let Detroit sort out its own problems.

Thank You.

-Patrick

…and of course, Michelle Malkin’s resident useful idiot agrees with her.

Update: ….and if this isn’t bad enough, we have Andrew Breitbart meeting with Bill Ayers. You see now why I don’t want anything to do with the Republican Party and the majority of the Conservatives; or those who call themselves Conservative? 🙄

Update #2: In my video, I made a reference to Michelle Malkin using Frankfort School tactics, this is what I was referring to here:

Others: Alan Colmes’ Liberaland, The Atlantic Wire, New York Magazine, The Nation, Wonkette, Hollywood Reporter, nation.foxnews.com, The Hill, The Moderate Voice, Christian Science Monitor, Los Angeles Times, National Review, PopWatch, emptywheel, Poynter, ABCNEWS, Taylor Marsh, Outside the Beltway, The Raw Story, The Daily Caller, Hullabaloo and Daily Kos (via Memeornadum)