WOOOO HOOOOOO!!!! Tea Party Backed Conservative Candidates Kicked The RINO-Republican's Butts Last Night!!!

Once again, America's REAL Republicans and many Independents came out and voted in droves and threw out the RINO's (Republicans In Name Only) that voted with Obama (and also with President Bush and the democrat controlled Congress since 2006) on some of the wasteful big government tax and spend legislation like all of the various bailouts near the end of 2008, then Obama's TRILLION dollar spendulus package, then the multi-TRILLION dollar ObamaCare and all of the other government take-over's of various industries from the insurance and banking industry to the auto industry to Wall Street, etc... and the other legislation that Obama and his minions want to pass to crush America, like Cap & Trade, forced unionization, raising taxes, deficit spending out the wazoo and an ever rising national debt that will bankrupt our children and grand-children for decades to come.

Just to remind you, below is a list of the end of 2008 bailouts that were done while President Bush was still in office... and it has only gotten much worse since Obama took over since we all know he's a socialist and thinks the government should own everything (as long as he's the dictator-in-chief!). ;-)

I only wish we could throw Senator Mary, Mary, Quite Contrary Landrieu out of office before the end of her term!!!

Lenny Vasbinder

http://www.propublica.org/special/government-bailouts

(SNIP)
● Bear Stearns 2008 JP Morgan Chase and the federal government bailed out Bear Stearns when the financial giant neared collapse. JP Morgan purchased Bear Stearns for $236 million; the Federal Reserve provided a $30 billion credit line to ensure the sale could move forward. $30 billion


● Fannie Mae / Freddie Mac 2008 On Sep. 7, 2008, Fannie and Freddie were essentially nationalized: placed under the conservatorship of the Federal Housing Finance Agency. Under the terms of the rescue, the Treasury has invested billions to cover the companies' losses. Initially, Treasury Secretary Hank Paulson put a ceiling of $100 billion for investments in each company. In February, Tim Geithner raised it to $200 billion. The money was authorized by the Housing and Economic Recovery Act of 2008. $400 billion

● American International Group (A.I.G.) 2008 On four separate occasions, the government has offered aid to AIG to keep it from collapsing, rising from an initial $85 billion credit line from the Federal Reserve to a combined $180 billion effort between the Treasury ($70 billion) and Fed ($110 billion). ($40 billion of the Treasury’s commitment is also included in the TARP total.) $180 billion

● Auto Industry 2008 In late September 2008, Congress approved a more than $630 billion spending bill, which included a measure for $25 billion in loans to the auto industry. These low-interest loans are intended to aid the industry in its push to build more fuel-efficient, environmentally-friendly vehicles. The Detroit 3 -- General Motors, Ford and Chrysler -- will be the primary beneficiaries. $25 billion

● Troubled Asset Relief Program 2008 In October 2008, Congress passed the Emergency Economic Stabilization Act, which authorized the Treasury Department to spend $700 billion to combat the financial crisis. Treasury has been doling out the money via an alphabet soup of different programs. Here’s our running tally of companies getting TARP funds. $700 billion

● Citigroup 2008 Citigroup received a $25 billion investment through the TARP in October and another $20 billion in November. (That $45 billion is also included in the TARP total.) Additional aid has come in the form of government guarantees to limit losses from a $301 billion pool of toxic assets. In addition to the Treasury's $5 billion commitment, the FDIC has committed $10 billion and the Federal Reserve up to about $220 billion. $280 billion

● Bank of America 2009 Bank of America has received $45 billion through the TARP, which includes $10 billion originally meant for Merrill Lynch. (That $45 billion is also included in the TARP total.) In addition, the government has made guarantees to limit losses from a $118 billion pool of troubled assets. In addition to the Treasury's $7.5 billion commitment, the FDIC has committed $2.5 billion and the Federal Reserve up to $87.2 billion. $142.2 billion
(END SNIP)

No Taxpayer Union Bailouts... Period!

The liberal-socialist Democrat led Congress is now trying to bailout all of the unions to the tune of $165 BILLION. This just cannot happen. America is already on the verge of bankruptcy and the Democrat led Congress has more than DOUBLED the National Debt in the past three years, from $6 TRILLION to OVER $13 TRILLION today with a projected $20 TRILLION National Debt by 2015 unless something is done TODAY!!! This debt is being passed on to your children and grand-children and it simply has to stop.

Using the Tea Party Citizen Action Center, please do like I did and send the following email to ALL of your elected thieves... ooops.. I mean your politicians.

Below is the email I just sent to all of mine!

Lenny Vasbinder

-----Original Message-----
From: donotreply@votervoice.net
Sent: Monday, June 14, 2010 7:53 AM
To: Leonard Vasbinder
Subject: Confirmation of: No Taxpayer Union Bailouts... Period!

***Please do not reply to this email--this confirmation simply lets you know that your message was sent.***

Leonard Vasbinder:

Your message has been sent to the following recipients:

* President Barack Obama
* Vice President Joe Biden
* Senator Mary Landrieu
* Senator David Vitter
* Representative Steve Scalise
* Governor Bobby Jindal
* Secretary of State Jay Dardenne
* Attorney General Buddy Caldwell
* Senator Conrad Appel
* Representative Kirk Talbot


The content of your message is as follows:

Dear [The message(s) you sent had each recipient's name here]:

Enough is enough. The United States is on the verge of insolvency... actual employment is approaching 20% and Americans are finding it harder and harder to make ends meet.

And yet, elected officials on both sides of the aisle are pushing a taxpayer funded bailout of poorly managed union pension plans that, according to a number of news reports, may carry an initial price tag of $165 billion.

H.R. 3936 and S. 3157 must never see the light of day. Union pension plans are not a government entitlement program and the American people have no duty or obligation to financially support your political schemes, scams and payoffs. This insanity must stop!

Further...

What Happened To Obama's Promise To End Bailouts?

On April 14, 2010, Obama met with Congressional leaders from both parties and promised to put an end to bailouts.

Specifically, according to a statement issued by White House Press Secretary Robert Gibbs after the meeting: " ... he [Obama] reaffirmed his belief that we must end taxpayer bailouts, end 'Too Big To Fail' and that he would not accept a bill that did not pass that test."

But apparently, many in Congress aren't taking Obama at his word. And why should they? After all... they know the score... they can read the handwriting on the wall... and they know what they must do to maintain power.

After all, in his autobiography "Audacity of Hope," Barack Obama himself admitted, "I owe these unions."

The American people are turning against the extreme policies of the Obama administration and the irresponsible spending of liberals in Congress.

A revolution is brewing. Actual unemployment is approaching 20%. Our economy is teetering on the verge of bankruptcy and liberals know that rewarding Big Labor is one of the steps that they must take to counter the backlash that is coming from the American people to maintain power.

And, yet the liberal politicians in Washington seemingly have no problem fighting YOU with YOUR MONEY.

Well... we have a problem with it and we know that you have a problem with it too. And together, we're going to let them know that we're not going to permit or allow political payoffs on the taxpayers' dime.

Sincerely,

Leonard Vasbinder

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Are Congressmen Hypocrites Or Are Banking CEO's Spineless???

While catching glimpses of Fox News Channel today, I got the ear-wrenching opportunity to hear a snip of the House Financial Services Committee hearing on the way the banks spent the first part of the TARP money.

Part of this snip entailed an exchange between an unidentified Congressman and some unidentified banking CEO's where the Congressman was asking the banking executives to raise their hands if their banks owned or leased private jets. I think all of the them did... duh! This Congressman then went on to chastise them for running their companies into the ground, taking bailout money (which are really loans, not outright bailouts) from the taxpayers and then having the gall to fly around in these outrageously priced private jets. These CEO's... who are supposed to be strong willed, aggressive leaders sat humbly and took this chastising... much to my chagrin.

I kept hoping and praying that at least one of these CEO's would grow a pair of gonads and stand up and turn the tables on Congress. This is what is should have sounded like....

"So Mr. Congressman, you all and the current CEO and former CEO of your company have run it into the ground over the past eight years by not balancing your budget, spending recklessly and wastefully, borrowing money from any one who would lend it to you and even in the past month have proposed overspending another couple of trillion dollars in money you will have to borrow and pass on in debt to generations to come... and where has your CEO been the past couple of days? Flying around in the most expensive private jet in America... Air Force One. That's right Mr. Congressman... neither Congress nor the President, for the past eight years has balanced the budget and yet you all go around spending money like it's coming out your wazoo and personally, I think you should go blow it out your ass instead!" (And then the CEO walks out of Congress having delivered them a bit of truth that nobody else is willing to tell them!)

The next CEO could get up and add to the chastising of Congress by informing them that it was Congress that gave them the TARP money with no strings attached and that if Congress thought they were so almighty, why didn't they have the forethought to include stipulations to go with the acceptance of TARP money?

Each of the succeeding CEO's could pile on the chastising of Congress and then walk out and tell Congress to kiss their respective asses while they walked out the door.

What could Congress do? If they don't give the banks more TARP money, they'll be biting off their noses to spite their faces because Congress already preached to the people that if they didn't do this, the world would come to an end.

I'm not sure about all other Americans, but I would be far more willing to invest in the stock of a bank where the CEO isn't a dribbling coward and I'm betting that first CEO that started this Congressional chastising would see his company's stock rise dramatically as word spread of the heroism shown. Heck.. he might even take over Sully's spotlight! ;-)

Lenny Vasbinder
February 11, 2009