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HALF-FULL REPORT 09/19/08

Maybe we should all be in Tibet this week. That's where I was 21 years ago on Black Monday, October 19, 1987.  On that infamous day 21 years ago, the Dow dropped 22.6%:  from 2,247 to 1,739, or a loss of 508 points.  (An equivalent loss today would be a fall of 2,500 points, from 11,422 to 8,840.) We were in one of the remotest spots on the planet - the Chang Thang plateau of northern Tibet - when we learned of the crash on our short wave radio tuned into the BBC.  We were so lucky to be there... ... let's focus now on more positive developments.  One would be that Charlie Rangel is finally getting what's coming to him.  Even liberal newspapers like the Miami Herald are calling for him to resign, either from his chairmanship of House Way & Means or from Congress altogether.  Another is the release this week of John Fund's book Stealing Elections.  This is an incredibly important book.  John exposes the plans of the ultimate "community organizer" ACORN to commit massive voter fraud in cities throughout the country - and details how Obama is an ACORN operative... ...Then there is Boliva breaking apart and Pakistan about to.

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OBAMA’S CROOKED CRONIES IN THE WALL STREET MELTDOWN

There are a lot of people to blame for the subprime mortgage crisis and this week's wall Street meltdown.  Above all are the crooks and mismanagers who ran the Federal National  Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) - and their political enablers. Fannie and Freddie were very good at greasing palms on Capitol Hill.  Fannie spent $170 million on lobbying since 1998, and $19.3 million on political contributions since 1990. The principal recipient of Fannie Mae's largesse was Sen. Chriss Dodd (D-CT), chairman of the Senate Banking Committee.  Number two was Barack Hussein Obama. Fannie bought most of its bad mortgages from Countrywide Financial, whose CEO, Angelo Mozilo, gave sweetheart loans to senior executives of Fannie Mae. Sen. Dodd was also the second largest recipient in the Senate of contributions from Countrywide's PAC and its employees.  The number one senator on Countrywide's list?  Barack Hussein Obama.

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MCCAIN REMINDS US WHY WE DIDN’T LIKE HIM BEFORE PALIN

Talk about blowing a golden opportunity. Whenever there is danger - like the Wall Street Meltdown this week - there is always opportunity.  The Meltdown handed it to McCain on a diamond-studded platter, on which Obambi and the Democrats lay so stunningly vulnerable.  Instead, he goes off on an anti-capitalist rant, demonizing the "greed" of Wall Street instead of the Democrat crooks in Congress who are the architects of the crisis.  He calls for more fascist regulation, when it was the regulatory power the Dem crooks had that caused the crisis. And to top it off, he scapegoats Chris Cox, Bush's SEC Chairman, the most honest and decent guy in Washington, instead of the Democrat crooks! McCain is reminding us of why conservatives weren't gung-ho enthusiastic over his candidacy.  We'd almost forgotten in the wake of Palinmania.  We're now remembering his sneering remark during the primary debates that his life has always been motivated by "patriotism," while that of Mitt Romney was motivated by - he spat out the word as if it were a filthy four-letter insult - "profit." McCain should have listened more to his friend and cell-mate in the Hanoi Hilton, Jim Warner. Jim once asked him, "John, would you go to a supermarket to buy a pair of shoes?"

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EVIDENCE THE CLINTONS ARE SCREWING OBAMA

To The Point has long maintained that the Clintons will do what they can to make sure Obambi loses in November - for only then does Hillary have a chance for the White House in 2012. Now there's more evidence. In a private meeting earlier this month (9/10) in his Harlem office, Clinton met at his request with the publishers of a major online news site.  I cannot be more explicit at the request of my source. After claiming Obama will win because his campaign has registered two million new Democrat voters, Clinton casually mentioned: "You know, one thing that nobody has really checked out yet is Obama's long-standing and deep relationship with Louis Farrakhan.  It's going to really hurt him badly once it's fully disclosed." Hint:  research and reveal Obama's connection with the most rabidly anti-Semitic black racist in America.

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WILL OBAMA THROW A “HAIL HILLARY” PASS?

A friend's sources in the Democrat Party are telling him Barack Obama is being pressured to dump Sen. Joseph Biden from the ticket and replace him with Hillary Clinton, the switch to come just after the vice presidential debate Oct. 2.  Speculation about such a switch has emerged on several left-wing blogs.  "It's time to dump Biden and replace him with Sen. Hillary Clinton," said Andy Ostroy on the Huffington Post today (9/15).  "I'm starting to think that if Team Obama doesn't do something dramatic fast, it's gonna lose this election." What might prompt such an act of desperation?  The polls -- which indicate the race is a statistical dead heat -- are cause for concern, but not for panic.  This might be the reason:

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WHY IS OBAMA WEARING LIPSTICK?

Immediately after Sen. Barack Hussein Obama committed his now-notorious "lipstick on a pig" gaffe, the McCain campaign demanded he apologize for the remark, and rushed out a Web ad (meaning it was meant for YouTube, not paid television) criticizing him for making it. CBS News yesterday (9/11) forced YouTube to pull McCain's "Lipstick" Ad because it contained an unauthorized clip of Katie Kouric.  No matter - it was already seen by its target audience. That ad shows the genius of what the McCain campaign is doing.   Whether its outrage was real or faux over the lipstick gaffe, the McCain campaign has Sen. Obama looking rattled, talking about the Republican candidate for vice president instead of talking about issues that might win him votes.   That's why the Lipstick Web Ad was designed for an audience of one - The One -  and it worked.  Sen. McCain is so far inside Sen. Obama's OODA loop that I almost feel sorry for him.  Very almost.

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THE LEFT’S HATRED OF RELIGION EXPOSED

Nothing in recent memory has driven home the divide between our self-appointed aristocracy and "commoners" as sharply as the intelligentsia's rush to mock Gov. Sarah Palin's religious faith. While the attacks and insults are backfiring on the mortified elites, the double standard applied to "Sarah America" is a disgrace that can't be excused as "just politics." Certainly, much of the left-wing fury over Palin stems from the Democrat Party's assumption that it "owned" the exclusive right to nominate women to the executive branch (despite the crushing of Hillary Clinton's candidacy). How dare the Republicans advance a woman? How dare they change this year's election script? But the root of the left's dread of this happily married mother of five seems to be that she actually believes in God. Washington fears faith - even nominal believers inside the Beltway have been shaped by secular educations and secular caste values. Humans fear what they can't understand, and our comfortable ruling class just can't comprehend the power and the glory, the beauty and the ecstasy, the awe and commitment experienced by those who believe in a divine power. To paraphrase the late Leona Helmsley, "Faith is for the little people."

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GLOBAL WARMING AND BLACK HOLES: THE PARANOIA CONNECTION

That the Farmer's Almanac is now predicting global cooling is a pretty good indication that the glo-warming hysteria is coming to an end.  The "warming crisis" the media has incessantly tried to shove down people's throats is of little concern to voters.  All polls show it is at or near the bottom of voter concerns, and it is rarely addressed by politicians seeking their votes. Which may help to explain the media's current attempt at paranoia-mongering:  spreading fears that the entire earth may be swallowed up by a man-made black hole in Switzerland. The Large Hadron Collider (LHC) near Geneva is the largest and most complex machine ever built.  Physicists hope to simulate the conditions of the "Big Bang" that created the universe.  Such a simulation, the worry goes, could create a tiny black hole that could suck in nearby matter, growing with incredible speed and size until it sucked in and destroyed our entire planet. Here are two reasons why the paranoia is misplaced and will have to wander off to find another target.

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PALIN AND THE PROMISE OF AMERICA’S FUTURE

Today, the seventh anniversary of the Islamofascist attack on America of September 11, 2001, we look back to commemorate the lives of our fellow Americans taken by Moslem terrorism on that horrible day. We need also to look back in deepest gratitude for President George Bush and all those in his administration whose Herculean efforts to prevent another such attack upon us have succeeded.  It is an incredible accomplishment. Having done so, today is also a good time to look forward, to reflect upon the vastly different futures America faces, based upon what choice her voters make 54 days from now. I won't waste much time on the disaster that future would be for both America and the world should that choice be Barack Hussein Obama.  Government spending and taxes would explode, the Dow would fall off a cliff, every dirtbag dictator in the world from Putin to Chavez would expand their power as America became indistinguishable from Euroweenia. I could go on adding to this list of calamities foreign and domestic, but we needn't bother, though, because this future is not going to happen.  America's future lies with Sarah Palin and not a lightweight loser who will be lucky to carry California. So let's look at what the promise of that future might be. 

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SARAHCUDA VS. THE PIAPS: SMACKDOWN IN THE SENATE

Did you know that Slow Joe Biden is up for re-election?  Yes, he's running simultaneously for Vice-President and the Senate.  You'd think it would have to be one or the other. He's not campaigning much for his seat, as his Republican opponent is some right-wing small town attractive housewife no one every heard of.  Does Christine O'Donnell remind you of anyone? Christine may become known as the Sarah Palin of Delaware soon, once the two join forces at a campaign rally in the Blue Hen state. As you read this, every Republican House and Senate candidate in the country is begging for Sarah to campaign for them.  There's no way she has time to help out all but a small handful of House hopefuls, so she'll be concentrating on the Senate's. For very good reason.  As Vice-President, constitutionally she'll be President of the Senate.

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