"Barack Obama"

by Steve Scherrer

Never in my lifetime has a Presidential election been held with this much at stake. It will be a choice on whether or not we decide as a nation to pursue European socialism or reject it. The level of intellectual dishonestly demonstrated by the Obama campaign has been breathtaking. He could not have gotten as far as he has without the favorable coverage which has been showered on him by the networks, most cable outlets, and the print media. Juxtapose that with the army of media and investigators who landed in Alaska looking for dirt that they could use to discredit Sarah Palin. For years no attention was given to Obama's Chicago machine political connections that gave birth to his political career

Let's start with the #1 issue that's on everyone's mind. Obama demagogue's that our financial crisis is a result of eight failed years of the Bush administration's policy. In three short years, Barack Obama took the second most campaign contributions from Fannie Mae. His campaign's Chief Economic Advisor Franklin Raines was forced to retire as CEO from Fannie Mae after severe irregularities in accounting practices were discovered. He walked away with a golden parachute of $240 million in benefits. Next we have Jim Johnson who was hired as Obama's Senior Finance advisor and was selected to run the VP search committee. He was also forced from his position as CEO at Fannie Mae because of misreporting his income at between $6 and $7 million in 1998 when in fact it was $21 million. Johnson is currently under investigation for taking illegal loans from Countrywide while at Fannie Mae.

The origins of this scandal go back to the Community Revitalization Act which was passed by Democrats and signed into law by Jimmy Carter. In 1995 the Clinton Administration added massive new provisions which forced banks to issue 1 trillion dollars in sub prime loans. Loans were granted by Fannie and Freddie to people had no ability to service a mortgage driving up restate equity. Eventually interest rates started to rise and the equity bubble burst. It would be tragic if the people who are most at fault gain power as a result of this crisis. Everyone knows Bush but few people are familiar with Raines, Johnson, Barney Frank, Chris Dodd, and the rest.

Obama says he will cut taxes to 95% of Americans. He made the same promise in his 2004 Senate race. As a senator he has voted to raise taxes 94 times. He is proposing almost a trillion dollars in new Federal spending for starters. A recovery from this current financial crisis would be crippled by a massive tax increase and expansion of government. His devotion to socialism exposes him as an economic illiterate.

I'll list quickly some of the rest of the agenda which would be pursued by an Obama presidency.

1) He has already said he would appoint activist Supreme Court judges not hindered by interpreting the constitution but would change it to fit their current worldview.


2) He does not support an energy policy which would allow us as a nation to utilize our vast supply of natural resources. Higher and higher gas prices will become a permanent part of our lives.


3) His personal alliances with Bill Ayers, Reverend Wright, and Tony Resko are disturbing when you consider that literally thousands of positions in the Justice Department, State Department, etc. could be filled with political radicals, crackpots, and crooks. Future alliances are best judged by past alliances.


4) He supports government-run single payer health care. Countries that have adopted this model experienced massive taxation to pay for it, tremendous inefficiencies, and ultimately rationed care and services.


5) Obama's campaign gave $800,000 in campaign money to the activist group ACORN. They are now being investigated in 13 states for gross violations of voter fraud. Imagine if taxpayer money in the future could be used to fund groups like ACORN. The corrupt model of Chicago politics could go coast to coast.


6) He has no foreign policy experience and lacks discernment in recognizing America's enemies abroad.


7) He embraces the full agenda of the pro-abortion movement and radical gay activist movement, as he stated clearly in his primary campaign.

The Obama campaign is banking that mainstream Americans will not look past the meaningless rhetoric of hope and change. He has the help of the majority of media who has given him support every step of the way. Obama's true vision of America is shared by very few. His success can only be accomplished by disassembling the truth of his candidacy and accomplishing this massive bait-and-switch scheme.