Monday, October 6, 2008

House Dems opt for Negative Campaign

You know in the past when I have written about Union Thug/House Majority Leader Kevin McCarthy people have posted comments and sent me emails telling me that it’s a low blow calling this guy a thug.

Well sorry, that’s exactly what this guy is.

The most disturbing part is the fact that he doesn’t try to hide it. It’s kind of like those Scab shits the union guys were wearing in 2006. Anyway, Union Thug/House Majority Leader McCarthy recently dropped of his little book of dirty secrets to the folks at the Des Moines Register.

Now I’ve never done any opposition research, but from what I know it usually contains votes that someone may have made or public statements on issues. Union Thug/House Majority Leader Kevin McCarthy’s research goes a little further, delving into candidates personal lives.

It’s one thing campaigns for President go negative, it’s another thing when some people think such negativity needs to take place in local state house races. It’s hard enough to get the best and brightest people to run for office (just look at our current Governor), but it’s going to get worse with Kevin McCarthy’s style of win at all costs dirty campaigns.

The other disturbing thing is that the Register found many of these accusations to be untrue and false.

But yet McCarthy told the Register, “"If these candidates were elected to office," McCarthy said, "it would not be a stretch that we would need to establish night court at the state Capitol, together with a bailiff and maybe bring in Jerry Springer to cover it."

The majority of the offenses were alcohol related, and almost all of them where over 5 years old. I mean it’s not like Rep. Eric Palmer who had an issue paying his taxes. People drink, some have a problem with the bottle, and some are smart enough to seek help. So does McCarthy think that a former alcoholic who has turned his life around is unfit to serve in the legislature?

How is that sit with the union members? I’m sure are as pure as snow.


  1. I forget, did they have night court at the Capitol when APPROPRIATIONS CHAIRMAN was arrested for an OWI WHILE HE WAS SERVING???



    Published in the New York Times on September 30, 1999.

    In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders.

    The action, which will begin as a pilot program involving 24 banks in 15 markets -- including the New York metropolitan region -- will encourage those banks to extend home mortgages to individuals whose credit is generally not good enough to qualify for conventional loans. Fannie Mae officials say they hope to make it a nationwide program by next spring.

    Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits.

    In addition, banks, thrift institutions and mortgage companies have been pressing Fannie Mae to help them make more loans to so-called subprime borrowers. These borrowers whose incomes, credit ratings and savings are not good enough to qualify for conventional loans, can only get loans from finance companies that charge much higher interest rates -- anywhere from three to four percentage points higher than conventional loans.

    ''Fannie Mae has expanded home ownership for millions of families in the 1990's by reducing down payment requirements,'' said Franklin D. Raines, Fannie Mae's chairman and chief executive officer. ''Yet there remain too many borrowers whose credit is just a notch below what our underwriting has required who have been relegated to paying significantly higher mortgage rates in the so-called subprime market.''

    Demographic information on these borrowers is sketchy. But at least one study indicates that 18 percent of the loans in the subprime market went to black borrowers, compared to 5 per cent of loans in the conventional loan market.

    In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and loan industry in the 1980's.

    ''From the perspective of many people, including me, this is another thrift industry growing up around us,'' said Peter Wallison a resident fellow at the American Enterprise Institute. ''If they fail, the government will have to step up and bail them out the way it stepped up and bailed out the thrift industry.''

    Under Fannie Mae's pilot program, consumers who qualify can secure a mortgage with an interest rate one percentage point above that of a conventional, 30-year fixed rate mortgage of less than $240,000 -- a rate that currently averages about 7.76 per cent. If the borrower makes his or her monthly payments on time for two years, the one percentage point premium is dropped.

    Fannie Mae, the nation's biggest underwriter of home mortgages, does not lend money directly to consumers. Instead, it purchases loans that banks make on what is called the secondary market. By expanding the type of loans that it will buy, Fannie Mae is hoping to spur banks to make more loans to people with less-than-stellar credit ratings.

    Fannie Mae officials stress that the new mortgages will be extended to all potential borrowers who can qualify for a mortgage. But they add that the move is intended in part to increase the number of minority and low income home owners who tend to have worse credit ratings than non-Hispanic whites.

    Home ownership has, in fact, exploded among minorities during the economic boom of the 1990's. The number of mortgages extended to Hispanic applicants jumped by 87.2 per cent from 1993 to 1998, according to Harvard University's Joint Center for Housing Studies. During that same period the number of African Americans who got mortgages to buy a home increased by 71.9 per cent and the number of Asian Americans by 46.3 per cent.

    In contrast, the number of non-Hispanic whites who received loans for homes increased by 31.2 per cent.

    Despite these gains, home ownership rates for minorities continue to lag behind non-Hispanic whites, in part because blacks and Hispanics in particular tend to have on average worse credit ratings.

    In July, the Department of Housing and Urban Development proposed that by the year 2001, 50 percent of Fannie Mae's and Freddie Mac's portfolio be made up of loans to low and moderate-income borrowers. Last year, 44 percent of the loans Fannie Mae purchased were from these groups.

    The change in policy also comes at the same time that HUD is investigating allegations of racial discrimination in the automated underwriting systems used by Fannie Mae and Freddie Mac to determine the credit-worthiness of credit applicants.

  3. That's right, Sen Dvorsky from IC has had his share of they really want to open up this can of worms? Because if they do, there are a whole lot of Dems who love to get drunk at legislative receptions and play "whose ass can I grope."

    Weird that they care about a few old DUI's but can give a shit that their Pres pic, Obama, cavorted with known terrorists, took tons of money from the crooked lobbyists attached to Freddie Mac and Fannie Mae, etc.

    I would be embarrassed to be a Dem right about now.

  4. Don't worry. Dims have no shame. Their arrogance is what allows them to engage in criminal behavior all the while not fearing being held accountable. Who can blame them because they're usually not held accountable.

    Remember CIETC? They're all Democrats. Talk about the party of corruption--it's the modern-day Democrat party. The truth is irrelevant to them.

  5. Welcome to the Rove world of hard ball politics - not for the weak of heart.

  6. Oh wait you mean like...

    "there probably are not 72 virgins in the hell (al-Zarqawi's) at ... and if there are, they probably all look like Helen Thomas." Republican Steve King (IA-5)

    Helen Thomas is an 86 year old grandmother with a heart condition.

    Dont play the victim just because your losing the White House, several senate seats, and a dozen plus seats in congress.

    No matter who you call a thug, or who McCain calls a terrorist, your still going to lose in November.

    And I will be here November 5th, to listen to all the crying, and yes to rub it in.

    Big salty tears Krusty, gets me all warm and fuzzy inside.

  7. Down with Puny RantsOctober 6, 2008 at 9:54 PM

    I'm a Republican who happens to believe that the Iowa GOP is probably the most pathetic thing I've seen in forever.

    I'm sorry my friends but this is what politics is about now. Listening to Rants bitch and moan makes me want to pluck my eyeballs out.

    Lets Go! Go at it!

    For example:

    In 2 years - lets run ads against Bob Dvorsky saying that people like Dvorksy who drink and drive kill people and that Bob Dvorsky. Who says we can't destroy Dvorsky?

    His career should be ruined and he should be publically ridiculed everywhere he goes. Where is the Iowa GOP that has some guts and balls? Has Patty Judge castrated it?

    Lets get real. This is 2008 not 1998.

    If we are to get going in this state again - the gloves need to come off and the brass nuckles better get sharpened.

  8. I kind of wish you would pluck your eyeballs out.

  9. Seriously? You want to defend that weakling Rants who recruited such weak candidates? You'd think our RPI would avoid recruiting people with THREE OWI convictions and FELONY convictions for public office? That seems to be a basic function of candidate recruitment...

    Also, I live in Montezuma and know Eric Palmer and remember that property tax crap from 2006. Turns out, it was actually the PREVIOUS owner of his property that didn't pay taxes on time - and the RPI went after him anyway.

    We need to have good people in office - not drunk drivers.

  10. I'm not defending anybody.

    But RPI doesn't go out and recurit all candidates. You can't keep people off the ballot, we live in America.

    But I'm sure you've done your part to help recruit candidates in Montezuma.

    And then helped those glorious candidates knock on doors, make phone calls, recruit volunteers, raise money, etc etc etc.

    After all, you ARE the authority on elections.