BUCHANAN TO OBAMA
By Patrick J. Buchanan
Barack says we need to have a conversation about race in America . Fair enough. But this time, it has to be a two-way conversation.. White America needs to be heard from, not just lectured to.... This time, the Silent Majority needs to have its convictions, grievances and demands heard. And among them are these:
First, America has been the best country on earth for black folks. It was here that 600,000 black people, brought from Africa in slave ships, grew into a community of 40 million, were introduced to Christian salvation, and reached the greatest levels of freedom and prosperity blacks have ever known.. Wright ought to go down on his knees and thank God he is an American.
Second, no people anywhere has done more to lift up blacks than white Americans. Untold trillions have been spent since the ' 60s on welfare, food stamps, rent supplements, Section 8 housing, Pell grants, student loans, legal services, Medicaid, Earned Income Tax Credits and poverty programs designed to bring the African-American community into the mainstream. Governments, businesses and colleges have engaged in discrimination against white folks -- with affirmative action, contract set-asides and quotas -- to advance black applicants over white applicants. Churches, foundations, civic groups, schools and individuals all over America have donated their time and money to support soup kitchens, adult education, day care, retirement and nursing homes for blacks.
We hear the grievances. Where is the gratitude??
Barack talks about new 'ladders of opportunity' for blacks.. Let him go to Altoona ? And Johnstown , and ask the white kids in Catholic schools how many were visited lately by Ivy League recruiters handing out scholarships for 'deserving' white kids...? Is white America really responsible for the fact that the crime and incarceration rates for African-Americans are seven times those of white America ? Is it really white America 's fault that illegitimacy in the African-American community has hit 70 percent and the black dropout rate from high schools in some cities has reached 50 percent?
Is that the fault of white America or, first and foremost, a failure of the black community itself?
As for racism, its ugliest manifestation is in interracial crime, and especially interracial crimes of violence. Is Barack Obama aware that while white criminals choose black victims 3 percent of the time, black criminals choose white victims 45 percent of the time?
Is Barack aware that black-on-white rapes are 100 times more common than the reverse, that black-on-white robberies were 139 times as common in the first three years of this decade as the reverse?
We have all heard ad nauseam from the Rev. Al about Tawana Brawley, the Duke rape case and Jena . And all turned out to be hoaxes. But about the epidemic of black assaults on whites that are real, we hear nothing.
Sorry, Barack, some of us have heard it all before, about 40 years and 40 trillion tax dollars ago.
This needs to be passed around because, this is a message everyone needs to hear!!!
Monday, July 26, 2010
Buchannan to Obama
BUCHANAN TO OBAMA
By Patrick J. Buchanan
Barack says we need to have a conversation about race in America . Fair enough. But this time, it has to be a two-way conversation.. White America needs to be heard from, not just lectured to.... This time, the Silent Majority needs to have its convictions, grievances and demands heard. And among them are these:
First, America has been the best country on earth for black folks. It was here that 600,000 black people, brought from Africa in slave ships, grew into a community of 40 million, were introduced to Christian salvation, and reached the greatest levels of freedom and prosperity blacks have ever known.. Wright ought to go down on his knees and thank God he is an American.
Second, no people anywhere has done more to lift up blacks than white Americans. Untold trillions have been spent since the ' 60s on welfare, food stamps, rent supplements, Section 8 housing, Pell grants, student loans, legal services, Medicaid, Earned Income Tax Credits and poverty programs designed to bring the African-American community into the mainstream. Governments, businesses and colleges have engaged in discrimination against white folks -- with affirmative action, contract set-asides and quotas -- to advance black applicants over white applicants. Churches, foundations, civic groups, schools and individuals all over America have donated their time and money to support soup kitchens, adult education, day care, retirement and nursing homes for blacks.
We hear the grievances. Where is the gratitude??
Barack talks about new 'ladders of opportunity' for blacks.. Let him go to Altoona ? And Johnstown , and ask the white kids in Catholic schools how many were visited lately by Ivy League recruiters handing out scholarships for 'deserving' white kids...? Is white America really responsible for the fact that the crime and incarceration rates for African-Americans are seven times those of white America ? Is it really white America 's fault that illegitimacy in the African-American community has hit 70 percent and the black dropout rate from high schools in some cities has reached 50 percent?
Is that the fault of white America or, first and foremost, a failure of the black community itself?
As for racism, its ugliest manifestation is in interracial crime, and especially interracial crimes of violence. Is Barack Obama aware that while white criminals choose black victims 3 percent of the time, black criminals choose white victims 45 percent of the time?
Is Barack aware that black-on-white rapes are 100 times more common than the reverse, that black-on-white robberies were 139 times as common in the first three years of this decade as the reverse?
We have all heard ad nauseam from the Rev. Al about Tawana Brawley, the Duke rape case and Jena . And all turned out to be hoaxes. But about the epidemic of black assaults on whites that are real, we hear nothing.
Sorry, Barack, some of us have heard it all before, about 40 years and 40 trillion tax dollars ago.
By Patrick J. Buchanan
Barack says we need to have a conversation about race in America . Fair enough. But this time, it has to be a two-way conversation.. White America needs to be heard from, not just lectured to.... This time, the Silent Majority needs to have its convictions, grievances and demands heard. And among them are these:
First, America has been the best country on earth for black folks. It was here that 600,000 black people, brought from Africa in slave ships, grew into a community of 40 million, were introduced to Christian salvation, and reached the greatest levels of freedom and prosperity blacks have ever known.. Wright ought to go down on his knees and thank God he is an American.
Second, no people anywhere has done more to lift up blacks than white Americans. Untold trillions have been spent since the ' 60s on welfare, food stamps, rent supplements, Section 8 housing, Pell grants, student loans, legal services, Medicaid, Earned Income Tax Credits and poverty programs designed to bring the African-American community into the mainstream. Governments, businesses and colleges have engaged in discrimination against white folks -- with affirmative action, contract set-asides and quotas -- to advance black applicants over white applicants. Churches, foundations, civic groups, schools and individuals all over America have donated their time and money to support soup kitchens, adult education, day care, retirement and nursing homes for blacks.
We hear the grievances. Where is the gratitude??
Barack talks about new 'ladders of opportunity' for blacks.. Let him go to Altoona ? And Johnstown , and ask the white kids in Catholic schools how many were visited lately by Ivy League recruiters handing out scholarships for 'deserving' white kids...? Is white America really responsible for the fact that the crime and incarceration rates for African-Americans are seven times those of white America ? Is it really white America 's fault that illegitimacy in the African-American community has hit 70 percent and the black dropout rate from high schools in some cities has reached 50 percent?
Is that the fault of white America or, first and foremost, a failure of the black community itself?
As for racism, its ugliest manifestation is in interracial crime, and especially interracial crimes of violence. Is Barack Obama aware that while white criminals choose black victims 3 percent of the time, black criminals choose white victims 45 percent of the time?
Is Barack aware that black-on-white rapes are 100 times more common than the reverse, that black-on-white robberies were 139 times as common in the first three years of this decade as the reverse?
We have all heard ad nauseam from the Rev. Al about Tawana Brawley, the Duke rape case and Jena . And all turned out to be hoaxes. But about the epidemic of black assaults on whites that are real, we hear nothing.
Sorry, Barack, some of us have heard it all before, about 40 years and 40 trillion tax dollars ago.
This needs to be passed around because, this is a message everyone needs to hear!!!
Friday, July 23, 2010
What has America Become?
July 19, 2010
The following document was printed in a newspaper. I believe it comes from a city in Michigan but I cannot authenticate the source. No matter the source, the content is worthy of being posted here to stimulate discourse.
Gary Harper
Orrville
What has America become?
"Editor,
Has American become the land of the double standard?
Lets see: if we lie to the Congress, it's a felony and if the Congress lies to us its just politics; if we dislike a black person, we're racist and if a black person dislikes whites, its their 1st Amendment right; the government spends millions to rehabilitate criminals and they do almost nothing for the victims; in public schools you can teach that homosexuality is OK, but you better not use the word God in the process; you can kill an unborn child, but it is wrong to execute a mass murderer; we don't burn books in America, we now rewrite them; we got rid of communist and socialist threats by renaming them progressive; we are unable to close our border with Mexico, but have no problem protecting the 38th parallel in Korea; if you protest against President Obama's policies you're a terrorist, but if you burned an American flag or George Bush in effigy it was your 1st Amendment right.
You can have pornography on TV or the internet, but you better not put a nativity scene in a public park during Christmas; we have eliminated all criminals in America, they are now called sick people; we can use a human fetus for medical research, but it is wrong to use an animal.
We take money from those who work hard for it and give it to those who don't want to work; we all support eh Constitution, but only when it supports our political ideology; we still have freedom of speech, but only if we are being politically correct; parenting has been replaced with Ritalin and video games; the land of opportunity is now the land of hand outs; the similarity between Hurricane Katrina and the gulf oil spill is that neither president did anything to help.
And how do we handle a major crisis today? The government appoints a committee to determine who's at fault, then threatens them, passes a law, raises our taxes; tells us the problem is solved so they can get back to their reelection campaign.
What has happened to the land of the free and home of the brave?
-Ken Huber
Tawas City"
The following document was printed in a newspaper. I believe it comes from a city in Michigan but I cannot authenticate the source. No matter the source, the content is worthy of being posted here to stimulate discourse.
Gary Harper
Orrville
What has America become?
"Editor,
Has American become the land of the double standard?
Lets see: if we lie to the Congress, it's a felony and if the Congress lies to us its just politics; if we dislike a black person, we're racist and if a black person dislikes whites, its their 1st Amendment right; the government spends millions to rehabilitate criminals and they do almost nothing for the victims; in public schools you can teach that homosexuality is OK, but you better not use the word God in the process; you can kill an unborn child, but it is wrong to execute a mass murderer; we don't burn books in America, we now rewrite them; we got rid of communist and socialist threats by renaming them progressive; we are unable to close our border with Mexico, but have no problem protecting the 38th parallel in Korea; if you protest against President Obama's policies you're a terrorist, but if you burned an American flag or George Bush in effigy it was your 1st Amendment right.
You can have pornography on TV or the internet, but you better not put a nativity scene in a public park during Christmas; we have eliminated all criminals in America, they are now called sick people; we can use a human fetus for medical research, but it is wrong to use an animal.
We take money from those who work hard for it and give it to those who don't want to work; we all support eh Constitution, but only when it supports our political ideology; we still have freedom of speech, but only if we are being politically correct; parenting has been replaced with Ritalin and video games; the land of opportunity is now the land of hand outs; the similarity between Hurricane Katrina and the gulf oil spill is that neither president did anything to help.
And how do we handle a major crisis today? The government appoints a committee to determine who's at fault, then threatens them, passes a law, raises our taxes; tells us the problem is solved so they can get back to their reelection campaign.
What has happened to the land of the free and home of the brave?
-Ken Huber
Tawas City"
Thursday, July 22, 2010
G.M. Buys a Subprime Lender for $3.5 Billion
Where did they get this money?????
DETROIT — General Motors said Thursday that it had agreed to buy a financing company, AmeriCredit, for $3.5 billion so it can lease more vehicles and increase sales to consumers with lower credit ratings.
The transaction, expected to close in the fourth quarter, gives G.M. a captive financing arm for the first time since 2006, when it sold control of GMAC Financial Services. G.M. recently considered starting a new financing arm or reacquiring GMAC, now known as Ally Financial, to strengthen its lending capabilities and to raise the carmaker’s value ahead of a public stock offering.
“Our dealers have been telling us that not having an in-house finance arm hurt our ability to finance certain loans and leases,” Edward E. Whitacre Jr., G.M.’s chief executive, said in a conference call. “It hurt our ability to meet rising customer demand for G.M. cars and trucks. Now we’re going to fix that.”
Shareholders of AmeriCredit, which is based in Fort Worth and has 3,000 employees, would receive $24.50 a share, a 24 percent premium over Wednesday’s closing price of $19.70. AmeriCredit was founded in 1992 and has assets of about $10 billion.
G.M. will use money from its cash reserves, which stand at more than $30 billion as a result of the aid it received from the federal government before and during last year’s bankruptcy.
“We’re in the fortunate position that we have a very strong balance sheet,” G.M.’s chief financial officer, Christopher P. Liddell, said. “That gives us the flexibility to do acquisitions like this.”
G.M. said its ownership of the company would have minimal impact on its balance sheet and would not detract from its goal of regaining a strong investment-grade credit rating. AmeriCredit will maintain direct access to the capital markets for financing requirements, G.M. said.
G.M. executives have been seeking ways to improve sales in North America, where its earnings have greatly improved, but market share in the United States remains below year-ago levels. Owning AmeriCredit would let the company offer more leases and approve customers that Ally or other banks might have rejected.
G.M. said its sales to customers with subprime credit ratings have increased “significantly” since beginning a program with AmeriCredit aimed at writing loans for shoppers in that category last September. Ownership of AmeriCredit, which already has a relationship with about 4,000 G.M. dealerships, “will allow us to provide a full range of financing alternatives for all customers throughout all economic cycles,” Mr. Liddell said.
General Motors said it would continue to use Ally Financial and other banks to procure financing for prime customers. The company still owns 9.9 percent of Ally; it was required under federal law to sell the rest of its stake so that Ally could convert itself into a bank. Ally also provides financing to customers of Chrysler dealerships.
Currently, subprime customers account for 4 percent of G.M. sales, in line with the industry average, but about 40 percent of the population has a subprime rating, Mr. Liddell said.
“At the margin those are very good sales,” he said. “An extra percent here and an extra percent there will make a big difference from a sales point of view.”
Only 7 percent of the G.M.’s vehicles are leased, compared with an average of 21 percent for the industry. G.M. and other automakers sharply cut back on leasing, which is more popular for upscale vehicles, when the credit markets tightened in 2008.
AmeriCredit’s chief executive, Daniel E. Berce, said the company did not plan to stop financing customers of G.M.’s competitors. G.M. currently accounts for 15 percent of AmeriCredit’s business.
Mr. Berce said most of AmeriCredit’s 800,000 customers had credit ratings of 500 to 650. A rating below 640, on a scale that ranges from 300 to 850, is generally considered subprime.
DETROIT — General Motors said Thursday that it had agreed to buy a financing company, AmeriCredit, for $3.5 billion so it can lease more vehicles and increase sales to consumers with lower credit ratings.
The transaction, expected to close in the fourth quarter, gives G.M. a captive financing arm for the first time since 2006, when it sold control of GMAC Financial Services. G.M. recently considered starting a new financing arm or reacquiring GMAC, now known as Ally Financial, to strengthen its lending capabilities and to raise the carmaker’s value ahead of a public stock offering.
“Our dealers have been telling us that not having an in-house finance arm hurt our ability to finance certain loans and leases,” Edward E. Whitacre Jr., G.M.’s chief executive, said in a conference call. “It hurt our ability to meet rising customer demand for G.M. cars and trucks. Now we’re going to fix that.”
Shareholders of AmeriCredit, which is based in Fort Worth and has 3,000 employees, would receive $24.50 a share, a 24 percent premium over Wednesday’s closing price of $19.70. AmeriCredit was founded in 1992 and has assets of about $10 billion.
G.M. will use money from its cash reserves, which stand at more than $30 billion as a result of the aid it received from the federal government before and during last year’s bankruptcy.
“We’re in the fortunate position that we have a very strong balance sheet,” G.M.’s chief financial officer, Christopher P. Liddell, said. “That gives us the flexibility to do acquisitions like this.”
G.M. said its ownership of the company would have minimal impact on its balance sheet and would not detract from its goal of regaining a strong investment-grade credit rating. AmeriCredit will maintain direct access to the capital markets for financing requirements, G.M. said.
G.M. executives have been seeking ways to improve sales in North America, where its earnings have greatly improved, but market share in the United States remains below year-ago levels. Owning AmeriCredit would let the company offer more leases and approve customers that Ally or other banks might have rejected.
G.M. said its sales to customers with subprime credit ratings have increased “significantly” since beginning a program with AmeriCredit aimed at writing loans for shoppers in that category last September. Ownership of AmeriCredit, which already has a relationship with about 4,000 G.M. dealerships, “will allow us to provide a full range of financing alternatives for all customers throughout all economic cycles,” Mr. Liddell said.
General Motors said it would continue to use Ally Financial and other banks to procure financing for prime customers. The company still owns 9.9 percent of Ally; it was required under federal law to sell the rest of its stake so that Ally could convert itself into a bank. Ally also provides financing to customers of Chrysler dealerships.
Currently, subprime customers account for 4 percent of G.M. sales, in line with the industry average, but about 40 percent of the population has a subprime rating, Mr. Liddell said.
“At the margin those are very good sales,” he said. “An extra percent here and an extra percent there will make a big difference from a sales point of view.”
Only 7 percent of the G.M.’s vehicles are leased, compared with an average of 21 percent for the industry. G.M. and other automakers sharply cut back on leasing, which is more popular for upscale vehicles, when the credit markets tightened in 2008.
AmeriCredit’s chief executive, Daniel E. Berce, said the company did not plan to stop financing customers of G.M.’s competitors. G.M. currently accounts for 15 percent of AmeriCredit’s business.
Mr. Berce said most of AmeriCredit’s 800,000 customers had credit ratings of 500 to 650. A rating below 640, on a scale that ranges from 300 to 850, is generally considered subprime.
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