John McCain's campaign suspension

Its all over the news today, Republican Presidential candidate John McCain has suspended his presidential campaign.  This means no TV ads, no fundraising, no campaign appearances and no debates.  He has headed back to Washington, DC to work on the “urgent” economic issues at hand.  Afterwards, he plans on resuming his campaign.  I was listening to KXNT’s Casey Hendrickson Show tonight and he and Heather were asking everyone if they thought Senator McCain had done this “for political gain” or “to put America first”.  I think the question is missing the real reason.  The Puppet-Masters have decided that this bill isn’t going anywhere fast.  Americans have started asking questions.  Recent polls are saying that most Americans are against the government bailout.  Yet, the Senate is pushing forward.  Now today, one of the puppets running for the Presidency announces that he will “suspend” his campaign until the crisis is over.   And what happens?  Americans have stopped talking about if the government should pass an unconstitutional bailout or not.  Now they are talking about if John McCain did this for political gain or not.  The entire conversation has changed.  And the Puppet-Masters are free to continue their push for socialism… and worse.

John McCain's campaign suspension

Its all over the news today, Republican Presidential candidate John McCain has suspended his presidential campaign.  This means no TV ads, no fundraising, no campaign appearances and no debates.  He has headed back to Washington, DC to work on the “urgent” economic issues at hand.  Afterwards, he plans on resuming his campaign.  I was listening to KXNT’s Casey Hendrickson Show tonight and he and Heather were asking everyone if they thought Senator McCain had done this “for political gain” or “to put America first”.  I think the question is missing the real reason.  The Puppet-Masters have decided that this bill isn’t going anywhere fast.  Americans have started asking questions.  Recent polls are saying that most Americans are against the government bailout.  Yet, the Senate is pushing forward.  Now today, one of the puppets running for the Presidency announces that he will “suspend” his campaign until the crisis is over.   And what happens?  Americans have stopped talking about if the government should pass an unconstitutional bailout or not.  Now they are talking about if John McCain did this for political gain or not.  The entire conversation has changed.  And the Puppet-Masters are free to continue their push for socialism… and worse.

2008: The Year the Financial Market was Socialized

I have been requested to write some of my thoughts on the “mortgage crisis” and the “bailout” of the financial markets.  I don’t have much time to get into this topic right now, so I’ll just give two thoughts.

We have been told how “urgent” this is.  It has to be done before Friday.  Anytime the government works really fast, either there is things in the bill that they don’t want We, The People, to find out about, OR they are trying to distract us from something else.  Which is it Government?  Either way, I don’t want it.

Second, we as a country are suppose to be for capitalism and against socialism, at least the Republicans are.  Yet, it is under a Republican Presidency that are financial markets are being socialized.  And people wonder why I’m so angry at the Republicans…

Should Fannie Mae and Freddie Mac be saved?

When I was trying out for Radio Star 4 on Saturday, I talked about if the Government should bailout home owners.  (and, of course, the answer is no).  I also mentioned the take over (or socialising of) Fannie Mae and Freddie Mac and how I didn’t think they should do that either.  Darrell Castle, Constitution Party Vice Presidential Candidate wrote this article today, which I thought was pretty good.

Should Fannie Mae and Freddie Mac be allowed to fail? That is the question that the United States Government (USG) faces today along with the consequences of failure or the consequences of takeover which is essentially nationalization.

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Countrywide Update

A few months ago, I told you guys that I thought Countrywide Financial Corporation (NYSE: CFC) was a great buy.  At that point it was about $18.00 / share, it’s lowest point since mid-2004.  The Wife & I purchased a few shares of it at that point and have watched it continue to slide.  We still believe in this company and it is now about $6.00 / share and have purchased quite a few shares of it.  Bank of America (NYSE: BAC) has now announced that they are goinig to purchase Countrywide Financial Corporation for about $8.00 / share.  So, there is some room for profit.  If anyone is interested, e-mail me or post your e-mail address in your comment and I’ll e-mail you information about the brokerages that I use and give you some free trades.

My Stock Tip for you

I believe that every American should have the goal of owning a home. Companies like Countrywide Financial Corporation (NYSE: CFC) help in this goal by loaning money to reacht his American Dream. Recently,Countrywide has been hit with some financial struggles due to the rising number of foreclosures. Countrywide stock is at its lowest point since mid-2004. This year alone, its stock has dropped about 50%. This all being said, I believe this company will pull through these problems a stronger company. As a result, I have decided to purchase a few shares of stock in this company. I believe in its mission and I believe in it.

Of course, with anything like there, this is risk. But, its a risk that I believe is right for my family.

If anyone is interested in investing in Countrywide or any other stock, let me know and I can refer you to one of the Online Brokerages that I use and, after you make you first trade, they’ll give you $25.00 or I can give you a referral to another Online Brokerage that I use that will give you 3 free trades.