“"With just 47 days to the election, is the Straight Talk Express shifting course? Will the real John McCain please stand up?"

If he's annoying the MSM, then he better damn well stick with this McCain than the one that gives the liberals the warm fuzzies.

There are no easy answers' but there are simple answers. We must have the courage to do what we know is morally right.” - Ronald Reagan (1964 Republican Convention)

Keep up the whining away all of you bobble-heads in the msm...all you are doing is aiding our side with your constant BS...

This type of leftist crap will back-fire big time.

What imbeciles.

"America isn't the problem...America is the solution." ~ Rush Limbaugh

Don't you just love these video blogs posing as a "news report?"

Yeah. And NASA has tapped me as one of their next mission specialists.

"the kind of thing that George W. Bush and his supporters did to McCain in South Carolina in 2000."

Hey, a smart guy learns from experience!

"...the candidate is sequestered behind a curtain in first class..."

Probably just doesn't want to catch anything nasty. There's alot of that going around.

He's being so nasty! Couldn't you just slap him, Terry! No one should be allowed to trash the Omabamesiah by telling a truth about him. You go girl!

You want change? Give me a dollar.

"the kind of thing that George W. Bush and his supporters did to McCain in South Carolina in 2000."

Words cannot describe how angry I get when I hear that ugly lie repeated by the MSM. Has anyone here ever done any research on "that kind of thing Bush did in 2000"? They are talking about the "black daughter" smear, of course.

1. No one has ever produced a recording of it.

2. No one has ever said, "they called my house" so the number could be traced.

3. No one has ever been able to produce a person who claimed to have made one of those calls, or even knows someone who made one of those calls.

4. No one has ever been able to connect those phantom phone calls to Bush or any other candidate.

The MSM made it up out of whole cloth. But eight years later, the MSM still repeats it as if it were a proven fact.

Moran should be fired.

I am sure that all 47 people who watched this "stimulating" episode of Nightlies were fascinated. At least untill the orderly turned off the TV and wheled everyone to thier padded cell.

This is great. This preacher attacks Obama's mama in defense of Bristol Palin. He attacks the kids of John Roberts and Keith Olbermann, etc.

You gotta watch this one!!

http://www.atlah.org/broadcast/ndnr09-03-08.html

Instead of analyzing the details of the ad, Moran chose the cheap way out - get a quote from a "non-partisan" agency. As if that settled the issue.

• Are there other non-partisan agencies that judge differently?
• Why was it false, or does it simply fit the bill?
• How can a candidate who champions change criticize an opponent who admits to adjusting to altered circumstances? How can a man who prizes change cast the benefit of the doubt against someone who changes?

Those are obvious questions. Sadly, we know what the obvious answers are.

Scott. This is so low. So bad.

For the readers here, can we come up with a choice phone number or E-Mail and/or fax # at ABC - experssing our views?

(;~> gary

of campaign too, Terry.

As a matter a fact, He promised it First!

So where's your report on him?!

Terry Moran is the John Edwards of the MSM. A 'Pretty' Punk.

Terry Moran is a slime. Any doubters? Read his accounts of the Duke 88 and the athletes. We would all be better off without his nonsense.

Terry Moron wants to be the Keith Olbermann of ABC. Just too juvenile. Even for that job.

Total lib operative.  Check his family: sister was attorney for Clinton and involved in the Linda Chavez illegal housekeeper controversy; brother is a lib-moonbat blogger.

Barack’s Wall Street Problem is Now America’s

Barack Obama has a major Wall Street and Washington problem that the media so far is refusing to acknowledge or explore.

He is in the pocket of the Wall Street firms and mortgage security companies that are at the center of the collapse of the real estate bubble. He is closely tied to at least two of the Fannie Mae principals.

Let’s start with the numbers. Why is a first term Senator pulling down almost $300,000 a year from Goldman Sachs, Lehman Brothers, Bear Stearns, Fannie Mae, Freddie Mac, AIG, Countrywide Financial, and Washington Mutual?

He has not even completed his fourth year in the Senate and received a total of $1,093,329.00 from these eight companies and their employees. (all data from OpenSecrets.org).

John McCain’s numbers, according to OpenSecrets.org for the period 1990-2008 (i.e., 18 years worth of data) only collected $549,584.00.

In other words, Barack is receiving $273,582.25 (and 2008 is not over) per year while McCain raised a paltry $30,532.44.

Want another shocker? Barack Obama has received more from one source–Goldman Sachs $542,252.00–than McCain has from all of the companies combined. Who the hell is more beholden to lobbyists?

And why does a junior Senator from Illinois rate this kind of dough? Why are these firms and their employees showering Barack with their cash?

Although the conventional wisdom wants to pin the Wall Street debacle on Republican greed, the reality is that the real estate market and the big players on Wall Street have been a Democratic game.

McCain’s hands are clean when it comes to this mess. That is not spin, that is a fact. He proposed legislation back in 2006 to start addressing the abuses of Fannie Mae and Freddie Mac but the Democrats would have none of it. Why?

Here’s the explanation. To understand you must first appreciate that the largest debt market in the United States is the mortgage market. One of the major players in the market, at least until this month, is Fannie Mae. Fannie Mae was initially established in 1938 in order to provide a secondary mortgage market. What does this mean?

It would buy mortgages from one lender and sell mortgages to another. It played the role of a broker who helped make the market work. Fannie Mae because a private company in 1968 and continued to fund mortgages by issuing mortgage backed securities (i.e., MBS). When Fannie Mae issues the MBS she is guaranteeing the investors a return on their investment and, at the same time, providing a source of funds to supply additional mortgages. Fannie Mae was not standing on a corner selling mortgages out of a hot dog stand. She needed help on Wall Street. So, who helped her market the securities and raise the case?

The “good” folks at Goldman Sachs, Lehman Brothers, and AIG, just to name the more prominent ones. So who was in charge of Fannie Mae for 16 of the last 18 years? Let’s start with James A. Johnson. Remember him?

Barack initially tabbed him to head up the Vice Presidential search team. But he started as Vice Chairman of Fannie Mae in 1990, quickly moved up to be the CEO, and left Fannie in 1999 as Chairman of the Executive Committee. And guess where he went?

 He became one of the outside directors of the board of Goldman Sachs in 1999 and also served as the Managing Director of Corporate Finance for Lehman Brothers. The roles of Goldman Sachs and Lehman Brothers are important to understand if you are to make sense of Fannie Mae’s collapse.

When Johnson moved to Goldman Sachs, the main man at Fannie was Franklin D. Raines. Late in 2005 Raines resigned from Fannie Mae, accused of being in charge when the books were cooked. The scheme is fairly simple. Raines and other top executives made bonuses if they hit specific earnings targets for the securities sold by Fannie Mae.

They regularly hit those targets until it was discovered by the (SEC) Securities & Exchange Commission’s top accountant Fannie misstated earnings for 3 1/2 years, leading to an estimated $9 billion restatement that will wipe out 40% of profits from 2001 to mid-2004.

The Office of Federal Housing Enterprise Oversight (OFHEO) concluded: During the period covered by this report—1998 to mid-2004—Fannie Mae reported extremely smooth profit growth and hit announced targets for earnings per share precisely each quarter. Those achievements were illusions deliberately and systematically created by the Enterprise’s senior management with the aid of inappropriate accounting and improper earnings management.

By deliberately and intentionally manipulating accounting to hit earnings targets, senior management maximized the bonuses and other executive compensation they received, at the expense of shareholders.

Earnings management made a significant contribution to the compensation of Fannie Mae Chairman and CEO Franklin Raines, which totaled over $90 million from 1998 through 2003.

Of that total, over $52 million was directly tied to achieving earnings per share targets. Fannie Mae’s Board of Directors contributed to those problems by failing to be sufficiently informed and to act independently of its chairman, Franklin Raines, and other senior executives, failing to exercise the requisite oversight over the Enterprise’s operations, and failing to discover or ensure the correction of a wide variety of unsafe and unsound practices, even after the Freddie Mac problems became apparent.

Senior management did not make investments in accounting systems, computer systems, other infrastructure, and staffing needed to support a sound internal control system, proper accounting, and GAAP-consistent financial reporting. Those failures came at a time when Fannie Mae faced many operational challenges related to its rapid growth and changing accounting and legal requirements.

Fannie Mae senior management sought to interfere with OFHEO’s special examination by directing the Enterprise’s lobbyists to use their ties to Congressional staff to improperly generate a Congressional request for the Inspector General of the Department of Housing and Urban Development (HUD) to investigate OFHEO’s conduct of that examination and to insert into an appropriations bill language that would punish the agency by reducing its appropriations until the Director of OFHEO was replaced.

Franklin Raines, along with Fannie’s former chief financial officer and Fannie’s former controller, settled out of court and agreed to pay fines totaling about $3 million. Raines also agreed to donate the proceeds from the sale of the $1.8 million of his Fannie stock and to give up stock options. Fannie Mae paid a fine of $400 million.

Goldman Sachs played a pivotal role in all of this. According to OFHEO, one of the major vehicles Fannie used to hide its loses (e.g., “shift earnings into future years”) was a Real Estate Mortgage Investment Conduit aka REMIC: In fact, Goldman Sachs described the proposed transaction (i.e. use of REMIC) in a November 19, 2001 presentation to Fannie Mae. David Rosenblum, a Goldman Sachs managing director, attached PowerPoint slides for the presentation to a December 3, 2001, e-mail to Mr. Niculescu. Mr. Rosenblum referred to the project as “Project Libra.” So we are asked to believe that the former CEO of Fannie Mae who is now sitting on the board of Goldman Sachs is completely unaware of using REMIC to hide Fannie Mae losses?

Wouldn’t you expect someone with so much knowledge about Fannie Mae to have the least bit of concern about the possibility of accounting mischief? These are questions that have not yet been fully explored or vetted. Oh yes, if you are going to sell Fannie Mae market securities what bond index do you use?

How about the Lehman Brothers U.S. Aggregate Index. Sure helps to have a tie with Lehman Brothers through James Johnson as well.

One more note about Franklin Raines. The Obama campaign can insist he is not an “official” advisor, but before the market blew up Raines was described in the Washington Post on 16 July 2008 as “taking calls from Barack Obama’s presidential campaign seeking his advice on mortgage and housing policy matters.”

But Fannie Mae was not just “selling” mortgage securities. It was also using its financial power to advance the agenda of the Democratic Party. We have the video evidence here:

And you can read the details of how Fannie Mae also steered money to ACORN, one of the vehicles Barack has used to boost his career. Carl Horowitz did an excellent piece for the American Spectator (I know, but truth is truth).

This is not friendly territory for John McCain. It is a place that loves Barack Obama and is why the boy from Chicago is getting a heap of cash.

Links and more at www.noquarterusa.net

McCAIN-PALIN 2008 and HILLARY-ANYBODY 2012